Al Waseet Financial Services Shareholding Company has been flagged by Financial Services Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I had a dispute with Al Waseet Financial Services Shareholding Company and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Dividend tracking|Good mobile app|Instant funding
Cons: Spreads widen during volatile periods
I experienced a security concern with my Al Waseet Financial Services Shareholding Company account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Helpful community forum|Smooth onboarding
Cons: Alert system is basic