RIYADH, SAUDI ARABIA – Media OutReach Newswire – January 17, 2024 – Valuable Capital Financial Company (VCFC), a brokerage firm licensed by the Capital Market Authority (22251-25), announced the official launch of its trading application online “Sahm”, an exclusive platform designed and developed specifically for investors in Saudi Arabia.
Sahm is currently debuting with a special introductory offer. The first 3,000 users who successfully open an account will benefit from 0 commissions on the Saudi stock market for 12 months, as well as free real-time quotes from the US stock market. As part of this limited-time promotion, they will also receive 15 free shares of Lucid Group.
Additionally, the app will reward its top three users who successfully invite the most people to open accounts with an iPhone 15 Pro Max 1TB. Existing users also have the opportunity to win a $50 stock reward for each condition met. For more details, visit
https://www.alsahm.com/activitiesr/pre-activity-new?urlType=1&lang=en-US&_scnl=1110765
Speaking at the launch event, Hadeel Bedeeri, Managing Director of VCFC, said: “From the beginning, our product philosophy has always been to design an all-in-one, easy-to-use trading platform. use, suitable for domestic investors. And now, Sahm is just a perfect example of integrating everything investors need into one app.
Sahm’s comprehensiveness is demonstrated by all-in-one features including market quotes, company data, 24/7 news, investor education materials and an analysis tool . This integration sets the app apart from other trading platforms, which often require users to frequently switch between multiple apps when making investment decisions.
According to VCFC, the application supports Arabic and English, with a stylish and user-friendly user interface design integrated with bundled functions, such as an indicator of Sharia-compliant actions, demonstrating a strong commitment to the local market. Additionally, market intelligence related features go as far as detailed profiles of listed companies, financial events calendar, dynamics analysis charts and key market statistics.
In October 2023, VCFC received licenses from the Capital Market Authority (CMA) to provide trading, advisory and custody services in Saudi Arabia, making it the first international online brokerage firm to provide trading services. online brokerage in Saudi Arabia. The company is also a registered member of the Saudi Stock Exchange Tadawul, as well as its subsidiaries, the Securities Depository Center Company (Edaa) and the Securities Clearing Center Company (Muqassa).
The Sahm app is now available for download on the iOS App Store, Android Play Store and Huawei AppGallery.
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