1. Free trades do not apply to purchases of the following instruments if they are valued at less than $5 at the time of order execution: Stocks, American Depositary Receipts (ADRs), or Over-the-Counter (OTC) securities. A $1 per trade fee applies once all free trades have been 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). The fees for extended trading hours for regular securities vary: $1 for Standard, Premium and Premium+ subscribers. The fees for extended trading hours for ADRs and OTC securities vary: $1 for Standard, Premium and Premium+ subscribers.

3. For stocks valued at less than or equal to $5 at the time of order execution, the fee is $1 per trade, plus a trading fee per share of $0.002 for Standard, Premium, and Premium+ subscribers ("per share fee"). For ADRs and OTC securities valued at less than or equal $5 at the time of order execution the fee is $1 per trade plus a trading fee per share of $0.03, however if valued more than $5 at the time of order execution. the charge will be $1 per trade without a 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. Withdrawals are now free for all users in the UAE, including both Standard and Premium users. FX and processing fees may still apply depending on your withdrawal method or currency. Free withdrawals will be expanding to other GCC countries soon.

7. Supported Local Wallets include Benefit, Knet and OmanNet.

8. The exchange rate as of 12.06.2024 is 1 USD = 3.777 AED. This rate is applicable for deposits in the UAE using UAE debit cards and Apple Pay.

9. Deposits less than $50,000 will be charged for Standard plan 0.75%, Premium Plan 0.65%, Premium+ Plan 0.60%. A fee of 0.60% will be charged for deposits over $50,000. Foreign exchange fees apply and may vary. Bank fees may apply, please review your bank's fee policy.

10. Transfer USD to US Bank and enjoy zero conversion fees. baraka does not charge U.S. transfer fees. Bank fees may apply.

11. We charge a commission on each bond purchase based on your plan: Standard: 0.20%, Premium: 0.19%, Premium+ 0.18% of the total order value.

12. Your Assets Are Protected (SIPC). Standard SIPC Coverage: In the unlikely event that baraka or DriveWealth were to fail, your assets will remain protected. Your investments are protected by the Securities Investor Protection Corporation (SIPC) up to $500,000 (which includes a limit of $250,000 for cash deposits). You can learn more about the SIPC here https://www.sipc.org/for-investors/what-sipc-protects. Excess SIPC Coverage: DriveWealth provides a supplementary layer of protection beyond standard SIPC limits. This Excess SIPC coverage takes effect only after standard SIPC protection is exhausted. This coverage protects your investment assets up to a total of $50 million, specifically covering up to $49 million for securities and up to $1 million for cash. This $50 million total represents the maximum aggregate protection available to you. It is essential to understand that neither Standard nor Excess SIPC protection covers investment losses resulting from market fluctuations or changes in the value of your securities.

* 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 on Nov 13th, 2025.