BSF Capital

Bank-owned brokerage

Banque Saudi Fransi's full-service investment bank and brokerage

Entity:: BSF Capital Company (formerly Saudi Fransi Capital)
Group:: Banque Saudi Fransi
HQ:: Riyadh, Saudi Arabia
Reviewed:: 2026-10-08

BSF Capital is the investment banking arm of Banque Saudi Fransi, authorised across all five CMA activities. It offers Saudi Main Market and Nomu brokerage, Murabaha margin, sukuk, REITs and discretionary portfolios, charging the standard 15.5 bps Saudi commission inclusive of exchange and depository fees.

Bank-backedSukuk and REITsWealth management

Regulation and licence evidence

Capital Market Authority (CMA), Saudi Arabia
Checked on CMA register · Licence 11153-37 · 2026-10-08
Source

“Checked on CMA register” means an editor matched the licence number against the CMA’s list of authorised persons. “Stated by firm” means it appears only on the firm’s own site.

Exchange access

Venue	Access	Executing broker / custodian
Saudi Exchange (Main Market)	Direct member	—
Nomu (Parallel Market)	Direct member	—

Who can open an account

Saudi nationals and iqama holders Yes

GCC nationals Yes

Non-resident foreigners Conditional

Client types: retail, institutional, corporate

Firm material references QFI accreditation for non-GCC foreign retail clients; confirm post-February-2026 treatment.

Onboarding

ModeOnline

Saudi bank account required Conditional

Opens Edaa investor account for you Yes

Minimum depositSAR 0 baseline for domestic retail equity accounts

Documents

National ID (Saudi) or iqama (residents)
Saudi bank account / IBAN
Mobile number registered with Absher

Fee schedule

Saudi Exchange (Main Market)Retrieved 2026-10-08

Component	Rate	VAT (15%)
Total trading commission (brokerage + Saudi Exchange + Edaa + CMA) Published maximum of 15.5 bps on executed value. VAT (15%) applies to the brokerage portion.	0.155%	Not verified

Illustrative SAR 10,000 order: SAR 15.50 vs SAR 15.50 at the 0.155% exchange ceiling.

Standard 15.5 bps inclusive of Saudi Exchange and Edaa fees.

Source

Our calculation from the published schedule, not a quote. Excludes FX, funding, custody and withdrawal costs.

Services

Cash shares Yes

Nomu (parallel market) Yes

Margin / Murabaha financing Yes

IPO subscription Not verified

Derivatives / options Not verified

Sharia screening Yes

Research Yes

International markets Not verified

Direct market access Not verified

Platforms: BSF Capital Tadawul Mobile, Fransi Tadawul Web, ProTrader Workstation

Evidence and open questions

CMA licence 11153-37 listed in the CMA register.
Source · retrieved 2026-10-08 · confidence high
Standard Tadawul commission 0.155% inclusive of exchange and Edaa fees stated by the firm.
Source · retrieved 2026-10-08 · confidence medium

Still to confirm

International market access
Non-resident onboarding

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BrokerBazaar is an independent comparison service. We do not open accounts, hold funds or execute orders. Information is drawn from the provider’s published material on the dates shown and may have changed. Confirm with the provider before investing.