About Commission Coupon
1. Current Commission Discount
- Relationship between "70% off" and "SAR 3 Max"
70% discount is first applied to your commission. Then, however much your discounted commission exceeds SAR 3, we charge SAR 3 only.
- Frequently Asked Questions (FAQ)
Q1: What does "Per Trade" mean?
The commission discount is on a single order basis. If an order is filled through multiple transactions or filled separately on multiple trading days, this order will be considered as multiple orders and charged separately.
Q2: How to use the lifetime 70% off commission?
First, you open a Saudi securities account to activate the coupon. Second, you go to “My Coupons,” find the coupon, and click “Use.”
Q3: When does the commission discount take effect?
Once the coupon is redeemed, the commission discount applies to all orders executed on the current trading day. Executed orders from that day before the time point when you redeemed the coupon will still apply the updated commission rate, but commission details won’t update immediately—you’ll see them once the settlement is completed. However, if you redeem the coupon after 3 PM (after the trading day ends), that day’s orders will follow the original commission rate.
- Special Notes
- The fees generated in Saudi stocks trading include commission fees charged by Sahm Capital and collection fees charged by CMA, Tadawul, etc. The 70% off commission discount and the SAR 3 max per trade on the Saudi Market here only apply to the commission fees (0.105%) charged by Sahm Capital. No discount or maximum on collection fees charged by CMA, Tadawul, etc. (altogether around 0.05%).
- A maximum of SAR 3 commission will be charged by Sahm Capital for each transaction. If an order is filled through multiple transactions or filled separately on multiple trading days, this order will be considered as multiple orders and charged separately.
2. General Description
- Introduction
Commission coupons are prizes that can be won in events organized by Sahm Capital Financial Company. You can use the commission coupon to get certain discount on commissions charged for trading certain securities products. It is usually issued to clients' Sahm accounts in the form of coupons and can be found in "My Coupons" in Sahm App.
- Usage Instructions
- To enjoy the commission discount, clients need to open a corresponding securities account first.
- Coupons are valid only for the period indicated on the coupon.
- Clients may need to complete certain actions to activate the coupon before it expires. Specific activation details are subject to the "conditions of use" in the coupon page.
- After activation, clients may need to mannually redeem the coupon first and then, clients are able to enjoy the commission discount when placing orders.
- Coupons not activated within the indicated validity period will be deemed inactive and obsolete. Or, if you completed the required actions but did not redeem the coupon, you will not get the commission discount.
- Once the coupon is redeemed, the commission discount applies to all orders executed on the current trading day. Executed orders from that day before the time point when you redeemed the coupon will still apply the updated commission rate, but commission details won’t update immediately—you’ll see them once the settlement is completed. However, if you redeem the coupon after 3 PM (after the trading day ends), that day’s orders will follow the original commission rate.
- A validity period would also apply to the commission discount. It specifies the time when the commission discount is effctive. Clients may check it in the coupon page.
- You can receive more than one coupon, but only one coupon may be activated in the same market at the same time. If you activate two or more commission coupons of the same category, the highest commission discount would automatically apply.
- Special Notes
The fees generated in Saudi stocks trading include commission fees charged by Sahm Capital and collection fees charged by CMA, Tadawul, etc. The commission discount applies to the commission fees (0.105%) charged by Sahm Capital. No discount or maximum on collection fees charged by CMA, Tadawul, etc. (altogether around 0.05%).
- Other Terms & Conditions
The commission coupon is part of Sahm Capital Financial Company's incentive program and is not an offer or solicitation for any financial products or services and should not be construed as investment advice or recommendation.
All investments involve risks. Sahm Capital Financial Company does not provide investment advice and does not make recommendations. Investors should seek advice from their financial advisers to determine if the products and services offered by Sahm Capital Financial Company are appropriate for the client’s individual circumstances.
In the event of any dispute, Sahm Capital Financial Company reserves the right to interpret the terms, conditions, or rules of its promotions, including the one above. Sahm Capital Financial Company reserves the right to change or modify the terms, conditions, or rules of all its promotions at any time without notice.