NASDAQ-0.28%
S&P 5000.03%
DOW0.16%
BITCOIN-0.46%
10YR UST-1.55%
OIL-0.72%
TADAWUL-0.24%
DFM-0.62%
ADX-1.56%
NASDAQ-0.28%
S&P 5000.03%
DOW0.16%
BITCOIN-0.46%
10YR UST-1.55%
OIL-0.72%
TADAWUL-0.24%
DFM-0.62%
ADX-1.56%
NASDAQ-0.28%
S&P 5000.03%
DOW0.16%
BITCOIN-0.46%
10YR UST-1.55%
OIL-0.72%
TADAWUL-0.24%
DFM-0.62%
ADX-1.56%
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baraka startup of the yearbaraka 2023 award
baraka Financial Limited (DIFC) is regulated by the DFSA (license number F006586)

Trust and security, guaranteed

Investment Protection

Investment Protection

Your investments are protected by the SIPC, with a limit of up to $500,000, which includes a $250,000 limit for cash deposits.
Regulated

Regulated

baraka is regulated by the DFSA and our partnered broker, DriveWealth, is a SEC registered broker dealer and member of FINRA and SIPC.
Data Protection

Data Protection

Our data privacy controls help keep your personal information safe from the moment you sign up. We protect your account from any unauthorized activity using a Multi-factor authentication process.
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This is a game changing app that FINALLY allows us to trade easily! Easy to use and absolutely free to use : just amazing!

Sanjit Bardhan

Review on app store

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Great onboarding experience with a fantastic UI/UX. Thanks Baraka

Linda in Dubai

Review on app store

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One of the best investment apps, trendy touches and professional support team. Keep it up team!

M. El Mansoori

Review on app store

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This is a game changing app that FINALLY allows us to trade easily! Easy to use and absolutely free to use : just amazing!

Sanjit Bardhan

Review on app store

Start Icon

Great onboarding experience with a fantastic UI/UX. Thanks Baraka

Linda in Dubai

Review on app store

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Simple pricing plans

Choose how you would like to pay

Monthly billing
Annual billing Save 20%
  • Standard

    Free
    • Benefits:
    • Access 8,400+ stocks and ETFs
    • 1 free trade per month
      1
    • Fee for extended hours trading: $2 per trade
      2
    • SIPC investment assurance
      Protection up to $500K
    • Sharia score screener
  • Premium

    $7.99/Month
    • Everything in Standard, plus:
    • 3 Free trades per month
      1
    • 2 free withdrawals per year
    • Fee for extended hours trading: $1 per trade
      2
    • LSEG stock reports plus
    • Customizable dividend reinvestment plan (DRIP)
    • Unlimited investor calendar
    • Access to discounts on 50+ brands
  • Premium+

    Best Value
    $16.66/Month
    • Everything in Premium, plus:
    • 5 free trades per month
      1
    • 3 free withdrawals per year
    • Exclusive rates on UAE lifestyle memberships
    • Access to discounts on 100+ brands
    • Access to 80+ pool & beach venues
    • Free access to 150+ fitness centers
    • Up to 25% off on 460+ dining locations
    Additional purchase may be required to access some lifestyle benefits.
    1. Does not apply to purchases of the following instruments if valued less than $5 at the time of order execution: Stocks, American Depositary Receipts (ADRs) or Over the Counter (OTC) securities $1 per trade fee applies once all free trades are used.
    2. Extended Hours Trading gives an additional 5.5 hours to trade during the pre-market (1:00pm – 6:30pm GST) and 4 hours during the after-market session (1:00am – 5:00am GST). Refer to footnote 2 for applicable ADR and OTC fees which apply during extended trading hours.
    3. For stocks valued at less than $5 at the time of order execution, the fee is $1 per trade, plus a trading fee per share of $0.035 for Standard and $0.03 for Premium Subscribers (“Per Share Fee”). For ADRs and OTC securities valued at $5 or more at the time of order execution the fee is $2 per trade, however if valued less than $5 at the time of order execution, the charge will be $2 per trade plus the relevant Per Share Fee.
    4. There are no account management fees. However, beginning September 1st, 2023, an inactivity fee of $1 per month will be imposed on accounts with less than $50 in total cash and no open positions held by the end of each month.
    5. Third-Party Fees may be shown as “Transaction Fee” when you are making a card deposit. If one applies, the Transaction Fee will be shown on the Baraka Platform and is applicable solely to non-UAE cards and Local Wallets. Baraka may receive a percentage of the Third-Party Fee.
    6. Withdrawal fees are charged by our broker, Drivewealth.
    7. Supported Local Wallets include Careem Pay, Benefit, Knet and OmanNet.

    * Kindly be advised that while the pricing for our service displayed on our website is presented in USD ($), we would like to inform you that the currency in which you will be charged depends on the currency associated with your account. This ensures that you are charged at the most competitive exchange rates, thereby allowing you to benefit from the best possible value.

    Last updated at 24 Oct, 2023

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