Top Saudi Arabia Brokers for 2022
We found 11 online brokers that are appropriate for Trading Saudi Arabia.
Best Saudi Arabia Brokers Guide
Updated December 07, 2022
Saudi Arabia Financial Markets
Saudi Arabia brokers
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.
Tips to trade in Saudi Arabia
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 financial market
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.
Saudi Arabia trading advantages
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:
- The Kingdom is promoting more FDI and building tourism infrastructures.
- The country is expanding information technologies and increasing petrochemical as well as natural gas production.
- Government entities are being privatized and capital markets are being developed.
- Meanwhile, the World Trade Organization (WTO) notes that Saudi Arabia has low trade tariffs, the absence of income tax and low VAT.
- World Bank has ranked the Kingdom at number seven in respect to protecting minority investors. In registering property it is just behind 23 nations while dealing with construction permits the ranking is 36.
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.
Saudi Arabia trading challenges
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.
Saudi Arabian brokers Verdict
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've collected thousands of datapoints and written a guide to help you find the best Saudi Arabia Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best saudi arabia brokers below.
Trading in Saudi Arabia
When trading in Saudi Arabia you will need to know what your options with your Saudi Arabia trading broker are.
We list below the trading account types available in Saudi Arabia. If you are looking for brokers in Saudi Arabia that are suitable for trading in the Forex, CFD's, Indices 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.
Forex Trading in Saudi Arabia
Forex trading is growing in popularity in Saudi Arabia. The volume of Forex traded in Saudi Arabia has increased year on year over the last five years.
Across the world $5.1 trillion USD in volume is traded every single day. This is a huge amount in comparison with other financial market sectors.
Advances in online technology, higher internet coverage in Saudi Arabia and increased competition among brokerages have made Forex trading more accessible and reduced the costs of trading generally.
Is Forex Trading Legal in Saudi Arabia?
Their is a misconception that trading Forex on the financial market in Saudi Arabia is considered unsafe. This is not the case, Forex trading in Saudi Arabia is very active.
Trading in Forex is allowed in Saudi Arabia as to conduct business currency must be exchanged. Forex is an integral part of import and export and investing internationally. The important thing is that when trading Forex you pick a safe and reputable broker that is regulated. Saudi Arabia Forex trading is not banned, their are many international online brokers offering favourable trading conditions.
Do Forex Traders Pay Tax in Saudi Arabia?
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. Saudi Arabia taxes should be filed even if there were losses on the year. If Trading losses cannot be claimed against personal income taxes. A trader should file them with the proper government agency in Saudi Arabia. You should seek advice with a Saudi Arabia tax professional to ensure they are abiding by all proper tax laws in Saudi Arabia. In Saudi Arabia Islamic accounts do not have additional restrictions on trades.
Cryptocurrencies in Saudi Arabia
Cryptocurrency markets in Saudi Arabia are relatively new and their availability are subject to local financial regulation. Because Cryptocurrency works on decentralised assets in Saudi Arabia things like interest rate changes and political instability do not affect cryptocurrencies as much as the currency markets in Saudi Arabia for example.
Due to a large young population in Saudi Arabia with growing income levels and wide spread adaptation of online technology cryptocurrency trading volume is increasing greatly in Saudi Arabia. $6 billion USD worth of Bitcoin is traded daily around the world.
Commodity Trading in Saudi Arabia
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.
Islamic Accounts in Saudi Arabia
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.
Benefits of Trading in Saudi Arabia
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.
Concerns of Trading in Saudi Arabia
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.
Reputable Saudi Arabia Brokers Checklist
There are a number of important factors to consider when picking an online Saudi Arabia trading brokerage.
- Check your Saudi Arabia broker has a history of at least 2 years.
- Check your Saudi Arabia broker has a reasonable sized customer support of at least 15.
- Does the Saudi Arabia broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Saudi Arabia broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Saudi Arabia broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Saudi Arabia can hire people from various locations in the world who can better communicate in your local language.
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.
Our brokerage comparison table below allows you to compare the below features for brokers offering Saudi Arabia Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Saudi Arabia Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Saudi Arabia Brokers of 2022 compared
Here are the top Saudi Arabia Brokers (SA).
Compare Saudi Arabia Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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
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Roboforex
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XM
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AvaTrade
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XTB
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Pepperstone
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FP Markets
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NordFX
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Trading212
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EasyMarkets
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SpreadEx
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| Rating | |||||||||||
| locality | IC Markets accept Saudi Arabia clients | Roboforex accept Saudi Arabia clients | XM accept Saudi Arabia clients | AvaTrade accept Saudi Arabia clients | XTB accept Saudi Arabia clients | Pepperstone accept Saudi Arabia clients | FP Markets accept Saudi Arabia clients | NordFX accept Saudi Arabia clients | Trading 212 accept Saudi Arabia clients | easyMarkets accept Saudi Arabia clients | SpreadEx accept Saudi Arabia clients |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | 1 | 5 | 100 | No minimum deposit | 200 | 100 | 1 | 1 | 100 | 1 |
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| Used By | 180,000+ | 10,000+ | 3,500,000+ | 300,000+ | 250,000+ | 89,000+ | 10,000+ | 10,000+ | 15,000,000+ | 142,500+ | 10,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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| Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xm |
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Up with avatrade |
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Up with xtb |
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Up with pepperstone |
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Up with fpmarkets |
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Up with nordfx |
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Up with trading212 |
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Up with easymarkets |
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Up with spreadex |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. | Your capital is at risk | Losses can exceed deposits |
| Demo |
IC Markets Demo |
Roboforex Demo |
XM Demo |
AvaTrade Demo |
XTB Demo |
Pepperstone Demo |
FP Markets Demo |
NordFX Demo |
Trading 212 Demo |
easyMarkets Demo |
SpreadEx Demo |
| Excluded Countries | US, IR, CA, NZ, JP | US, JP, IR | US, CA, IL, KR, IR, MM, CU, SD, SY | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, CA | 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 |
All Saudi arabia brokers in more detail
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 2022 article further below. You can see it now by clicking here
We have listed top Saudi arabia brokers below.
Saudi Arabia Brokers Table of Contents
- Financial Markets in Saudi Arabia
- Online Trading in Saudi Arabia
- Forex Trading in Saudi Arabia
- Is Forex Trading Legal in Saudi Arabia
- Do Forex Traders Pay Tax in Saudi Arabia
- Cryptocurrencies in Saudi Arabia
- Commodity Trading in Saudi Arabia
- Islamic Accounts in Saudi Arabia
- Benefits of Trading in Saudi Arabia
- Concerns of Trading in Saudi Arabia
- Saudi Arabia Brokers Explained
- 6 Factors to Consider when Choosing Saudi Arabia Brokers
- Are Your Saudi Arabia Brokers Trusted And Established?
- Are The Saudi Arabia Brokers World Leading?
- What are the Saudi Arabia Brokers Commissions and Fees?
- What are the Saudi Arabia Brokers Funding and Withdrawl Methods?
- Find Saudi Arabia Brokers with Round-the-clock support?
- Make sure the Saudi Arabia Brokers Offer Comprehensive Trader resources?
- Why Saudi Arabia Brokers needs to be regulated?
- Saudi Arabia Brokers FAQ
- What are the best Saudi arabia brokers?
- What is the best Saudi arabia broker?
- Is Forex Trading Legal in Saudi Arabia?
- Do Forex Traders Pay Tax in Saudi Arabia?
- How do you trade Forex or CFDs in Saudi Arabia?
- Related Saudi Arabia Brokers Reviews
- Related Saudi Arabia Brokers Alternatives
- Related Saudi Arabia Brokers Comparisons
Saudi Arabia Brokers Explained
Trading the financial markets with Saudi Arabia Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Saudi Arabia Brokers is the platform that a Saudi Arabia Brokers offer.
Choose Saudi Arabia Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Saudi Arabia Brokers that you can rely on.
6 Factors to Consider when Choosing Saudi Arabia Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Saudi Arabia Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Saudi Arabia broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Cyprus.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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XM
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AvaTrade
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XTB
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Pepperstone
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FP Markets
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NordFX
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| Year Established | 2007 | 2009 | 2009 | 2006 | 2002 | 2010 | 2005 | 2008 |
| Head Office | Australia | Cyprus | Cyprus | Ireland | Poland | Australia | Australia | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | 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), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 |
| Used By | 180,000+ | 10,000+ | 3,500,000+ | 300,000+ | 250,000+ | 89,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | No | Yes | No | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XM | Visit AvaTrade | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits |
Are The Saudi Arabia Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 2250 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Saudi Arabia Brokers is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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Roboforex
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XM
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AvaTrade
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XTB
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Pepperstone
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FP Markets
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NordFX
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| Instruments Available | 2250 | 100 | 1000 | 1250 | 4000 | 1200 | 290 | 50 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Excluded Countries | US, IR, CA, NZ, JP | US, JP, IR | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | BE, BR, KP, NZ, TR, US, CA, SG | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | AF, AS, AQ, AR, 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, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA, EU, RU, SY, KP, CU |
| Forex pairs offered | 61 | 35 | 55 | 55 | 57 | 70 | 70 | |
| Forex pairs offered | 61 | 35 | 55 | 55 | 57 | 70 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 15 | 17 | 21 | 16 | 18 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | No | No | Yes | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 0 | 160 | 1000 | 1696 | 1100 | 10000 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the Saudi Arabia Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Saudi Arabia broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Saudi Arabia broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 1. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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Roboforex
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XM
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AvaTrade
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XTB
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Pepperstone
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FP Markets
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NordFX
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| Min Deposit | 200 | 1 | 5 | 100 | 0 | 200 | 100 | 1 |
| Withdrawl Fees | No | Yes | No | No | varies | No | No | No |
| Inactivity Fees | No | No | Yes | No | Yes | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | Yes | No |
| CFD Commission Fees | Yes | No | No | No | Yes | Yes | Yes | Yes |
What are the Saudi Arabia Brokers Funding and Withdrawal Methods?
When dealing with Saudi Arabia Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
|
Roboforex
|
XM
|
AvaTrade
|
XTB
|
Pepperstone
|
FP Markets
|
NordFX
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | No | No | Yes | Yes | Yes | Yes | No |
| Skrill | Yes | No | No | No | Yes | Yes | Yes | No |
| Payoneer | No | Yes | No | Yes | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find Saudi Arabia Brokers with Round-the-clock support?
Customer service is very important when dealing with Saudi Arabia Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Saudi Arabia Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
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IC Markets
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Roboforex
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XM
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AvaTrade
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XTB
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Pepperstone
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FP Markets
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NordFX
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XM | Visit AvaTrade | Visit XTB | Visit Pepperstone | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% 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. | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Saudi Arabia Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and Roboforex work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Saudi Arabia Brokers needs to be regulated?
A regulated Saudi Arabia broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Saudi Arabia brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Saudi Arabia Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Zero account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits