We found 11 online brokers that are appropriate for Trading Saudi Arabia.
Saudi Arabia brokers can guide you on how to invest in many investments in Saudi Arabia including the Saudi Stock Exchange, also known as Tadawul. If you are looking to step into the Saudi Arabia financial markets for stocks, forex, CFD, commodity or cryptocurrency trading we have written and indepth guide below.
Based in the capital city Riyadh, the Saudi Stock Exchange is the largest and primary stock market in the Middle East.
There are not many Saudi Arabia brokers and so it is suggested to find one popular regulated one from outside the country. It will be equally good to trade Forex or contracts for difference in the Saudi Arabia Exchange. Though be sure to educate your self and know what you are doing.
It is better to have Saudi Arabian brokers who are regulated by the SAMA as they are required to maintain a good reputation in the country and with the Saudi central bank.
More to this, if you are striking a deal with foreign brokers instead of Saudi Arabia brokers, ensure that they are in keeping your money safe from creditors in a separate account.
We also suggest whatever broker you choose in Saudi Arabia, register with multiple brokers that can offer you a demo account with which you can test the market using virtual money so that you give yourself a chance to learn the differing platforms and find a fit.
Saudi Arabia has a market capitalization of $541.3 billion and its stock exchange offers an investment of mutual funds, real estate investment, exchange trade funds, bonds and stocks.
Saudi Arabian Monetary Authority issues and manages Saudi Arabia currency Riyal, which has 100 smaller denominations.
Capital Market Authority of Saudi Arabia is the primary regulator in the country that also oversees the Saudi Stock Exchange. However, the financial, insurance and banking sectors are regulated by SAMA.
The Saudi Arabia economy is based on oil production and recently the Kingdom has initiated a Vision 2030 campaign to shift it away to some other sectors including tourism. So, some of the advantages for foreign traders are as below:
Apart from all the above, then Saudi Arabian currency the Riyal features good stability against the United States dollar and this attracts more USD-based foreign traders.
Even if you are trading under the guidance of one of the best Saudi Arabia brokers, it is a fact that regional tensions play a good role in challenging foreign traders.
The ongoing trade war of the United States with China is impacting Saudi Arabia's economy greatly as oil demand is declining continuously. More to this, the US has become self-sufficient in energy needs and slow Chinese economic growth has slashed down oil demand.
It is also essential to know that the World Bank has ranked the Kingdom at 141 and 168 in terms of starting a business and obtaining credit respectively. Ease of doing business and resolving insolvencies require some local expert knowledge.
Overall, trading is challenging in the Kingdom irrespective of whether you strike a deal with Saudi Arabia brokers or foreign brokers. World Bank has ranked it poor in ease of doing business, but the Vision 2030 campaign may attract investors as the economy is being shifted from oil to other sectors.
Saudi Arabia has been a global financial center in the Middle East for hundreds of years.
Saudi Arabia also known as SAU or Abu Rasasa has a number of established reputable financial markets.
The main securities markets in Saudi Arabia include the Saudi Stock Exchange (Tadawul) deals in officially listed stocks and shares,government issues, traded options, stock index options, currency options, foreign exchange, futures, metals, gold, silver, agricultural and other commodities.
Restructuring and deregulation has transformed the financial sector in Saudi Arabia over the last 10 years with important changes in the Saudi Stock Exchange (Tadawul), insurance, banking, shipping, and commodity markets.
The Saudi Arabian Monetary Authority (SAMA; Arabic: مؤسسة النقد العربي السعودي) is responsible for issuing monetary policy in Saudi Arabia.
We have conducted extensive research and analysis on over multiple data points on Saudi Arabia Brokers to present you with a comprehensive guide that can help you find the most suitable Saudi Arabia Brokers. Below we shortlist what we think are the best saudi arabia brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Saudi Arabia Brokers.
When trading in Saudi Arabia you will need to chec what your options with your Saudi Arabia trading broker are.
We list below the various regulated trading account types available to traders in Saudi Arabia. If you are looking for a trading platform or broker in Saudi Arabia that are suitable for trading in Forex, CFD's, indices, stocks, and ETFs, Cryptocurrencies (availability subject to regulation) or commodity markets; this Saudi Arabia broker guide will explain the things you should check and be aware of before you invest.
You've probably noticed how Forex trading is really taking off in Saudi Arabia, right? Over the past half-dozen years or so, the trading volume in Saudi Arabia has been on a steady climb. It's like everyone in Saudi Arabia is getting in on the action. But traders in Saudi Arabia must understand the risks.
Across the world $7.5 trillion USD in volume is traded every single day. Commodities global trading volume is around $380 million USD a day. Global stock markets trading volume is around 460 million USD a day.
Modern software, more affordable mobile devices in Saudi Arabia and higher internet uptake in Saudi Arabia has increased competition for new trading clients among brokerages in Saudi Arabia, which has opened Forex trading to a new audience.
There's this common myth floating around that diving into Forex trading in Saudi Arabia is illegal, this is not the case, but Forex trading in Saudi Arabia is risky. Forex trading in Saudi Arabia is not a get rich quick scheme, you will be competing with people not just in Saudi Arabia, but all over the world. The key, though, is to be smart about it. You have to choose a broker in Saudi Arabia that's not just reputable but also strictly regulated and allowed to offer services to traders in Saudi Arabia.
Trading in Forex is allowed in Saudi Arabia as businesses dealing internationally must exchange currency. Forex is an integral part of import and export in Saudi Arabia and investing internationally. Saudi Arabia Forex trading is not banned, their are many top-notch international online brokers available to traders in Saudi Arabia offering regulated trading environments.
Once a traders profits reach a level where the income on the Forex trading can be taxed in Saudi Arabia the trader should make sure all taxes owed for a financial year are paid. Just a heads up about the tax situation here in Saudi Arabia. You've must file taxes in Saudi Arabia even if the markets chewed you up and you spat out losses this year. Also in Saudi Arabia you can't claim any trading losses against your personal income taxes, unfortunately. Don't just wing it - get yourself some solid advice from a qualified tax pro in Saudi Arabia who knows the ins and outs of the tax labyrinth in Saudi Arabia. In Saudi Arabia, Islamic accounts are not restricted.
Here in Saudi Arabia, the crypto scene is still pretty new, and cryptocurrency in Saudi Arabia is getting more and more tangled up in the local financial regulatory rule in Saudi Arabia. The thing about cryptos is, they operate on this decentralized model, right? So, unlike our traditional currency markets in Saudi Arabia, they're not as rattled by interest rate shifts or the political drama in Saudi Arabia that's always on the news. Crypto in Saudi Arabia is a different beast altogether.
You know, with the surge of younger traders in Saudi Arabia, who are not only tech-savvy but also starting to speculate with decent money in Saudi Arabia, there's a noticeable shift happening in Saudi Arabia towards the crypto market (which is highly volitle and high risk in Saudi Arabia). Cryptocurrency traders in Saudi Arabia contribute to the $20 billion USD worth of Bitcoin is traded daily around the world.
In Saudi Arabia commodity trading includes the trade in precious metals, energies and agricultural commodities.
Some commodities like metals are seeing exponential growth in Saudi Arabia since 2002.
Fast growing countries like China and India have been growing rapidly over the last 3 decades. This has meant that countries like China and India have a vast requirement for many basic commodities and raw materials for their populations. Crops to feed people and metal to build infrastructure for example. This means countries like Saudi Arabia are able to take advantage of this demand.
We list brokers that allow you to trade commodities in Saudi Arabia here.
Saudi Arabia brokers support Islamic accounts or swap-free accounts. Saudi Arabia Islamic accounts have no rollover interest on overnight positions to comply the Muslim faith. Traders of Islamic faith are forbidden to pay interest. Brokers in Saudi Arabia offer accounts that are suitable for Islamic traders. These Saudi Arabia brokers complies with Sharia law.
Saudi Arabia economy and population is growing. The middle class population in Saudi Arabia is increasing which means a growing consumer base. Many business and financial opportunities exist in Saudi Arabia. Saudi Arabia has a young population educated in technology and the internet.
Saudi Arabia digitisation of financial trading has made it easier to defraud unsuspecting investors across the internet. Make sure the broker you trade with is regulated and passes the checklist in this Saudi Arabia guide. Educate yourself as much as possible open a demo account if necessary be you open a live trading account.
Learn about leverage when trading. Saudi Arabia Brokers offering high leverage trades in Saudi Arabia can mean high profit margins. But this goes both was it can also mean huge losses. There are things like negative balance protection and stop loss accounts which some Saudi Arabia brokers offer as a level of protection. you can learn more about further below on this guide.
Selecting a reliable and reputable online Saudi Arabia 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 more confidently.
Selecting the right online Saudi Arabia trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
It is not essential that your brokerage is local but they must have regulation from a Tier 1 reputable country. In fact the brokers international regulation could be more reputable than your local region.
When deciding to trade and find a suitable Saudi Arabia broker if you wish your broker to be 100% local check they are governed and regulated by the below.
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 trading, it's essential to compare the different options available to you. Our saudi arabia 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 broker that best suits your needs and preferences for saudi arabia. Our saudi arabia broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Saudi Arabia Brokers (SA).
Compare saudi arabia brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a saudi arabia broker, it's crucial to compare several factors to choose the right one for your saudi arabia needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are saudi arabia brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more saudi arabia brokers that accept saudi arabia clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro | Admiral |
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locality | IC Markets accept Saudi Arabia clients | Roboforex accept Saudi Arabia clients | XTB accept Saudi Arabia clients | XM accept Saudi Arabia clients | Pepperstone accept Saudi Arabia clients | AvaTrade accept Saudi Arabia clients | FP Markets accept Saudi Arabia clients | easyMarkets accept Saudi Arabia clients | SpreadEx accept Saudi Arabia clients | FxPro accept Saudi Arabia clients | Admiral Markets accept Saudi Arabia clients |
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 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) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
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Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
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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 | 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) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 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 | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets 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 | 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 | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Saudi Arabia Brokers 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 Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Saudi arabia brokers below.