We found 11 online brokers that are appropriate for Trading Saudi Arabia Forex Investment Platforms.
The Saudi stock market has a huge market cap of more than $340 billion. The market includes listings of different stocks, of REITs and ETFs. The country's national currency is pegged with the USD. The main regulatory body for the stock market is the CMA. The main regulatory body for the banking and other finance areas is the SAMA, which is also the national bank. We will go over the trading atmosphere in Saudi Arabia and their main regulations.
There are not many brokers based in the country. Most of them offer their services remotely. There are no clear rules and legislation about Forex traders in Saudi Arabia. It is best for these online brokers to be regulated by the SAMA. The trading atmosphere in Saudi Arabia is more or less completely remote. Traders choose an online broker and proceed to trade with them. Since you choose your own broker, you need to be careful about which one you choose. We will list some factors that you need to consider.
The broker you choose needs to be regulated or hold some licenses. These can be local licenses or foreign licenses. Make sure that your broker is reliable and has fair business practices. You should also ensure that the broker accepts local currency as the conversion fees can be quite high. You need to make sure they can hold your funds securely. You need to ask them if they keep the margin deposits separate from the broker's cash balance. Your broker should also offer a variety of financial derivatives and different CFDs.
A good way to test your broker is to see if they offer demo accounts. This way you can test their service and reliability. Another aspect that you need to consider is if the broker is compliant with Islamic law. This means that the broker must not have swaps and rollovers. Make sure they offer customer service in Arabic and if they have their page in Arabic as it will simplify your trading experience.
The Saudi market was based for the longest time on commodities, especially oil. The Government is trying to create other investing opportunities and diversify the market. The Government's plan is to attract more foreign investors, create new markets, expand their renewable energy and diminish the dependence on oil. Overall, the Government wants to grow the country's technology and develop the overall economy.
The country has taken further steps to attract foreign investors. It has eliminated income taxes and it enforces low taxes on other services. The fact that the local currency is strong, serves as an advantage for foreign investors.
As much as there are advantages of investing in Saudi Arabia, there are also a lot of drawbacks. Most of the problems arise from the political tensions in the area. There is a lot of tension among Middle Eastern Countries. The country's economy heavily depends on exports. Another important drawback is the relative position of the Saudis between China and the USA. As the USA imposes sanctions on China, the demand for oil from China could reduce. Such an event would impact Saudi Arabia's economy. Less demand for oil, less income for Saudi Arabia. Another threat to the economy is the growth of renewable energy. The USA is becoming more efficient and it needs less and less oil import. All these factors reduce the need for oil export from Saudi Arabia, thus hurting their economy.
On a global scale, Saudi Arabia is not one of the top places to perform business and investing. All the above factors create an overall difficult situation to trade and invest in.
Saudi Arabia has potential when it comes to investing. The Government is trying to create new ventures and to expand in new markets. It is trying to attract foreign investors with every possible incentive. Saudi Arabia offers a tax-friendly environment for foreign investors. The Government is knowledgeable about the dependency of the country on the oil industry. It is also knowledgeable that eventually their oil will run out, thus they are trying to develop new markets and create a sustainable economy, free from oil.
The political situation is tense, and this has always been an issue with attracting foreign investors. There are constant conflicts among Middle Eastern countries. Regarding local investors, the only way to participate in the Forex market or the stock market is via remote brokers. They are easy to access but are unregulated. It is your job as a trader to carefully check them and to make sure your money is in safe hands.
We have conducted extensive research and analysis on over multiple data points on Forex Saudi Arabia to present you with a comprehensive guide that can help you find the most suitable Forex Saudi Arabia. Below we shortlist what we think are the best Saudi Arabia Forex Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Saudi Arabia.
Selecting a reliable and reputable online Saudi Arabia Forex Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Saudi Arabia Forex Investment Platforms more confidently.
Selecting the right online Saudi Arabia Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Saudi Arabia Forex Investment Platforms trading, it's essential to compare the different options available to you. Our Saudi Arabia Forex Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Saudi Arabia Forex Investment Platforms broker that best suits your needs and preferences for Saudi Arabia Forex Investment Platforms. Our Saudi Arabia Forex Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Saudi Arabia Forex Investment Platforms.
Compare Saudi Arabia Forex Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Saudi Arabia Forex Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Saudi Arabia Forex Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Saudi Arabia Forex Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Saudi Arabia Forex Investment Platforms that accept Saudi Arabia Forex Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 74-83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Saudi Arabia Forex Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Saudi Arabia Forex Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Saudi Arabia Forex Investment Platforms below.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
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