7 Best Forex Brokers in Saudi Arabia for 2026
Utilizing the FXEmpire broker review methodology and my 18 years of trading experience, I have identified the 7 best forex brokers in Saudi Arabia below. Our team has been reviewing brokers since 2011, giving us a unique insight into who is good and who is not, using a proprietary methodology that analyses 250 data points over nine core categories.
- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
List of Top Forex Brokers and Trading Platforms in Saudi Arabia
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 IC | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:400 (CMA) · 1:200 (SCB) · 1:5000 (FSA) · 1:30 (CySEC) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
 FXTM | 4.1 | 3.1 | $100 | 1:3000 (CMA) 1:3000 (FSCM) · 1:3000 (CMA UAE) · 1:3000 (FSCA) | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. |
 Vantage | 4.6 | 4.4 | $50 | 1:30 (ASIC) 1:30 (FCA) · 1:1000 (FSCM) · 1:1000 (FSCA) · 1:2000 (VFSC) · 1:1000 (CIMA) | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. |
 Capital.com | 4.5 | 4.1 | $20 | 1:30 (ASIC) 1:200 (SCB) · 1:30 (CySEC) · 1:300 (CMA UAE) · 1:30 (FCA) | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
 Moneta Markets | 4.6 | 4.5 | $50 | 1:500 (FSA) 1:500 (CMA UAE) · 1:1000 (Unregulated) · 1:30 (FCA) · 1:500 (FSCM) · 1:500 (FSCA) | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. |
 FxPro | 4.4 | 3.6 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
 AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:400 (ADGM) · 1:30 (ASIC) · 1:200 (BVI FSC) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) · 1:30 (CBI) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
How Did I Select the Best Brokers in Saudi Arabia?
- I started with the most important check and ensured each broker is authorized and licensed to offer forex trading accounts in Saudi Arabia.
- To comply with Sharia Law, I also checked that each broker offers access to Islamic swap-free accounts.
- To support traders based in Saudi Arabia, I examined the local options each broker provides, such as a localized website, customer support in the Arabic language during Saudi business hours and the deposit and withdrawal options using the Saudi Riyal (SAR).
- I searched for any special bonuses and promotions for Saudi traders, opened live trading accounts to check how competitive the trading fees are, and live-tested the broker’s trading platforms to assess their features and ease of access.
Best Overall
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
My best overall broker for traders in Saudi Arabia is IC Markets, as it offers useful products and tools for beginner and advanced traders. I found over 2,200 tradable instruments available across all the world’s largest asset classes, which can be traded from some of my favorite trading platforms like cTrader and TradingView. With a wealth of additional trading tools, market research, and education resources, it’s a top broker to consider.
Regional Features:
- Entity for Saudi traders: Raw Trading Ltd regulated by the FSA of Seychelles, license no. SD018
- Islamic account: Yes
- Leverage: Up to 1:1000
- Payment methods for Saudi traders: Online banking, credit/debit cards, PayPal, Neteller, Skrill
- Localized website: Yes
- Local customer support: Live chat 24/7
Having traded live with IC Markets for many years, I believe the broker’s standout feature is how competitive their trading fees are. The spread on EURUSD during the London and New York sessions averages around 0.8 pips on the commission-free Standard Account, which is much better than the 1.08 pips industry average. I prefer to use the cTrader Raw account, which offers spreads from 0.0 pips and a low industry commission of $3 per lot, per side, which keeps the full cost of the trade significantly low.
I also like using the cTrader platform as it’s designed for short-term, active traders. In particular, my favorite feature is the built-in risk management calculator, which enables me to execute trades very quickly but with proper risk management. Casual traders in Saudi Arabia may prefer to use TradingView, which offers a large social trading community sharing trading ideas with one another, or the MT4/MT5 platforms for automated trading.
With 3 different types of Islamic swap-free accounts, no strategy restrictions, a zero requote policy, fast trade execution and trading signals and research from Autochartist and Trading Central, IC Markets is a top broker for traders in Saudi Arabia.
Pros and Cons
- Multiple popular trading platforms
- Islamic swap-free accounts
- Low spreads and commissions
- Autochartist signals
- Energy CFDs are not available for swap-free trading
Best for Beginners
- $30Min Deposit
- 602Tradable Instruments
- HighFees
Why We Picked It
If you’re a beginner trader just starting out in Saudi Arabia, my best broker for you is FXTM. Founded in 2011, I found it offers quality customer support, which is useful when you have questions, as well as a comprehensive suite of educational resources suitable for beginners, with some videos in Arabic.
Regional Features:
- Entity for Saudi traders: Exinity Limited, regulated by the FSC of Mauritius, license no. C113012295
- Islamic Account: Yes
- Leverage: Up to 1:3000
- Payment methods for Saudi traders: Online banking, credit/debit cards, PayRedeem, WebMoney, Perfect Money, and a range of crypto options
- Localized website: Yes
- Local customer support: Available during local working hours
During my live test, I found that FXTM offers beginners access to a Micro Account option. This enables traders to trade in cents rather than dollars and is very useful for small account holders who want to feel the reality of trading but with real money. The account has a minimum deposit of just $10, and there is also an Islamic swap-free option to comply with Sharia Law. While the MT4 desktop platform does take some time to get used to, you can access the Micro Account from the FXTM App and MT4/MT5 Web Trader platform, which are more beginner-friendly.
Another really useful resource I found for beginner traders is the FXTM education section. I counted over 250 educational videos and webinars on the FXTM YouTube channel covering how to open an account, how to use the MetaTrader trading platform and the basics of price action. There are 3 main trading guides called What is Forex Trading?, CFD Trading for Beginners, and Index CFD Trading, which are easy to understand and in-depth.
Pros and Cons
- Comprehensive educational resources
- Easy to use FXTM App with TradingView charts
- Micro account with $30 minimu deppsit
- AI-powered signals from Acuity
- No copy trading
- High spreads on popular instruments
Best Trading App
- $50Min Deposit
- 1056Tradable Instruments
- LowFees
Why We Picked It
If you like to view charts, trade, and manage positions while on the move in Saudi Arabia, then Vantage could be the broker for you. Founded in 2009, I found the Vantage app user-friendly and easy to trade on over 1,000+ CFD instruments, with built-in market analytics and an excellent copy trading solution with over 65,000 signal providers.
Regional Features:
- Entity for Saudi traders: Vantage Global Limited, regulated by the VFSC in Vanuatu
- Islamic Account: Yes
- Leverage: Up to 1:500
- Payment methods for Saudi traders: Wire transfer, credit/debit Card, Neteller, Skrill, cryptocurrencies
- Localized website in Arabic: Yes
I found that Vantage offers access to multiple trading apps, including MT4, MT5, TradingView, and its proprietary Vantage App. The MT4/MT5 mobile apps have been the gold standard for many years, but are now fairly outdated. I actually found that the Vantage App offers a more reliable trading experience with charts powered by TradingView, which are much smoother and easier to scale than MT4/MT5 and advanced analytics that are actually helpful, such as market sentiment data and built-in market research.
The app also makes copy trading very easy, with over 65,000 signal providers that you can follow at the click of a button. You can view the performance of other traders and access advanced trading metrics, including their risk relative to return, instruments traded, and other details. Traders can also access the TradingView App with Vantage, which offers a wide range of trading ideas from its strong social trading community and built-in technical analysis scanners and fundamental screeners.
Pros and Cons
- Copy trading via Vantage App
- Built-in advanced market research
- TradingView scanners
- Over 1,000 CFDs available on the app
- Customer support could be slower during busy hours
Best Selection of Tradable Instruments
- $20Min Deposit
- 6313Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2016, Capital.com is my top broker for multi-asset class traders in Saudi Arabia who require a large and diverse range of instruments and asset classes to trade on. I found over 5,000 CFD instruments covering forex, commodities, shares, indices, cryptos and ETFs to trade on, as well as 2,799 knock-out options available from an impressive proprietary Web Trader platform, as well as TradingView, MT4 and MT5.
Regional Features:
- Entity for Saudi traders: CAPITAL COM MENA SECURITIES TRADING L.L.C., regulated by the SCA in Dubai
- Islamic Account: Yes
- Leverage: Up to 1:200
- Payment methods for Saudi traders: Wire transfer, credit/debit Card
- Localized website in Arabic: Yes
The most impressive part of Capital.com’s tradable instruments is the 147 forex pairs available to trade, which cover major, minor and exotics using different contract types like spot, forward and weekend. This is much more than the industry average among brokers of 30-75 forex pairs. The 543 spot crypto CFDs is also significantly more than the average 10-20 most retail brokers provide.
The availability of knock-out options is also interesting as these offer a cheaper way to trade than standard options, but with lower set expiration dates. I found that you set your knock-out level before the trade, put up your risk, which is the maximum you can lose and then if the level is reached, the trade closes automatically. There are both put and call knock-out options on all the asset classes available, with the majority on stocks. With a large and diverse range of instruments and contract types, Capital.com is a top broker for multi-asset traders.
Pros and Cons
- Large selection of instruments
- Multiple contract types
- 540+ crypto CFDs
- Execution speeds of around 25ms
- No copy trading
Best Low Spreads
- $50Min Deposit
- 1201Tradable Instruments
- LowFees
Why We Picked It
For traders in Saudi Arabia seeking some of the lowest spreads in the industry, my top pick is Moneta Markets. Founded in 2019, I found Moneta Markets offers very low spreads on indices, commodities, crypto and share CFDs, and average spreads on forex pairs. The broker also offers an Islamic swap-free option on its most competitive ECN trading accounts and a wide range of trading platforms, including MT4, MT5, PROTrader, and the Moneta App.
Regional Features:
- Entity for Saudi traders: Moneta Markets Ltd authorized and regulated by the FSA Seychelles, license no. SD144
- Islamic Account: Yes
- Leverage: Up to 1:500
- Payment methods for Saudi traders: Bank Wire Transfer, Visa/Mastercard, FasaPay, JCB, Sticpay
- Localized website in Arabic: Yes
In my live fee test of the commission-free Direct STP account, I found the spreads for the Dow Jones 30 index average 1.0 points, which is much better than the industry average of 3.3 points. The Germany 40 spread averaged 0.5 points, beating the 2.4 points industry average. For EUR/USD, I found the spread averaged 1.15 pips, which is slightly higher than the industry average of 1.08 pips. But every other asset class beat the industry average.
Even lower spreads are available on the broker’s Prime ECN and Ultra ECN accounts that offer spreads from 0.0 pips but a commission per lot, per round turn of $6 and $2 respectively – both beating the industry average of $7. While the Prime ECN account has a minimum deposit of $50, the Ultra ECN account’s minimum deposit is $20,000. With no inactivity fee, deposit or withdrawal fees, Moneta Markets is the broker to consider for cost-conscious traders.
Pros and Cons
- STP and ECN trading accounts
- Tight spreads and competitive commissions
- Wide range of trading platforms
- MetaTrader plugins
- Inconsistent customer support
Best Trading Platform
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
For traders in Saudi Arabia seeking a diverse range of feature-rich trading platforms, I found that FxPro leads the way. Founded in 1999, traders can trade from over 2,100+ CFD instruments from the FxPro WebTrader, FxPro Mobile App, MT4, MT5, cTrader, and TradingView platforms, catering to beginner, advanced, automated and day traders.
Regional Features:
- Entity for Saudi traders: FxPro Global Markets Limited, licensed and regulated by the SCB Bahamas
- Islamic Account: Yes
- Leverage: Up to 1:200
- Payment methods for Saudi traders: Wire transfer, credit/debit cards, PayPal, cryptocurrencies
- Localized website in Arabic: Yes
During my live test, I was impressed with the FxPro WebTrader platform, which offers one-click trade execution, a user-friendly layout, customizable watchlists, a built-in news feed, and the ability to trade from the chart. I also found over 50 technical indicators, a wide range of basic and advanced drawing tools like trendlines and ABCD patterns, and multiple timeframes. I find the FxPro WebTrader platform is suitable for beginners, casual, and advanced traders.
For short-term active traders, the cTrader platform is the most suitable, with built-in risk management calculators, fast execution speed, and a copy trading solution. Automated traders can use the MT4/MT5 desktop platforms, which can work well with FxPro’s VPS service. News traders may also find the FxPro Squawk service useful as it provides real-time updates on market-moving news.
Pros and Cons
- Customizable FxPro platform with advanced features
- FxPro mobile app with TradingView charts
- Execution speed of around 11ms
- MT4, MT5, cTrader, TradingView
- FxPro platform is only available in English
Best for Copy and Social Trading
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
Founded in 2006, I found AvaTrade is one of the best brokers for traders in Saudi Arabia interested in copy and social trading. On top of accessing MT4/MT5 Signals, AvaTrade also includes the DupliTrade copy trading platform and its own AvaSocial app, which is a partnership with FCA-regulated firm Pelican Trading.
Regional Features:
- Entity for Saudi traders: AvaTrade Markets Ltd authorized and regulated by the FSC B.V.I
- Islamic Account: Yes
- Leverage: Up to 1:400
- Payment methods for Saudi traders: Wire transfer, credit/debit cards, Skrill, Neteller, WebMoney
- Localized website in Arabic: Yes
The MetaTrader 4 and 5 platforms have been around for decades and are popular among forex traders. Within the platform, you can access Signals, which allows you to view other traders’ performance and copy their trades. There is a wide range of beginner and advanced traders to choose from and useful performance statistics. More advanced traders can use DupliTrade, which has over 8.7 million users with the most detailed performance statistics available of any copy trading platform I have seen. Strategy providers also have to go through an auditing process, offering a more reliable copy trading service.
AvaTrade also operates AvaSocial, which is an easy way to access copy trading from your mobile, but also speak to and interact with the strategy provider and other followers. This provides a true copy and social trading experience. I also found that the copy trading is not just limited to forex pairs but also indices, commodities and share CFDs. The ability to engage in discussions and ask questions in the community is also a great addition to the app.
Pros and Cons
- DupliTrade and AvaSocial for copy and social trading
- Zero trading commissions
- Comprehensive Trading Academy
- Market research from Trading Central
- Only one account type with floating spreads
All Brokers That Accept Clients from Saudi Arabia
| Broker | Entity for Saudi Arabia | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
Raw Trading Ltd FSA Seychelles | 1:5000 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG International Limited BMA Bermuda | 1:200 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Pepperstone Markets Limited SCB Bahamas | 1:200 | 4.7 | 4.4 | $0 | MT5, cTrader, MT4, TradingView, Pepperstone WebTrader, Pepperstone Mobile App | 73–89% of retail investor accounts lose money when trading CFDs. | |
Exness (SC) Ltd FSA Seychelles | - | 4.6 | 4.6 | $10 | MT5, MT4, Exness Terminal | General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs. | |
First Prudential Markets Limited FSA Seychelles | 1:500 | 4.6 | 4.1 | $0 | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. | |
Moneta Markets Ltd FSA Seychelles | 1:500 | 4.6 | 4.5 | $50 | MT5, MT4, ProTrader, App Trader, Copytrader App | Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how Derivatives work and whether you can afford to take the high risk of losing your money. Trading derivatives is risky. It isn't suitable for everyone; you could lose substantially more than your initial investment. You don't own or have rights to the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't consider your personal objectives, financial circumstances, or needs. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
Ava Trade Markets Ltd BVI FSC Virgin Islands, British | 1:200 | 4.5 | 4.2 | $100 | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. | |
Capital Com Online Investments Ltd SCB Bahamas | 1:200 | 4.5 | 4.1 | $20 | MT4, TradingView, Capital.com Web Trader, Capital.com App, MT5 | Depending on the company, 70% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
GAIN Global Markets Inc. CIMA Cayman Islands | 1:250 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:500 | 4.5 | 4.4 | $0 | MT4, MT5, cTrader, TradingView, DupliTrade | All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable for everyone. Trading in margin foreign exchange and derivatives carries a high level of risk and you may incur a loss that is far greater than the amount you invested. Past performance of any product described on this website is not a reliable indication of future performance. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MEX Atlantic Corporation CIMA Cayman Islands | 1:1000 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB International Limited IFSC Belize | 1:500 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv (BVI) Ltd BVI FSC Virgin Islands, British | 1:1000 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Global Markets Ltd SCB Bahamas | 1:200 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco (BVI) Limited BVI FSC Virgin Islands, British | 1:2000 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
OANDA Global Markets Ltd. | 1:200 | 4.4 | 3.9 | $0 | MT5, MT4, OANDA Trade Web Platform | Your capital is at risk. Spreadbetting only available in UK. | |
Tickmill Ltd FSA Seychelles | 1:1000 | 4.4 | 4.0 | $100 | MT5, MT4, Tickmill Trader | Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk. | |
Trademax Global Limited VFSC Vanuatu | 1:1000 | 4.4 | 4.1 | $100 | MT4, MT5, TMGM Mobile App, HubX | 80.26% of retails CFD accounts lose money. | |
XM (SC) Limited FSA Seychelles | 1:1000 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% 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. | |
AT Global Markets Intl Ltd FSCM Mauritius | 1:500 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Just Global Markets Ltd FSA Seychelles | 1:3000 | 4.3 | 4.4 | $10 | MT5, MT4, JustMarkets App | Your capital is at risk. | |
Royal CM Limited VFSC Vanuatu | 1:1000 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
Plus500SEY Ltd FSA Seychelles | 1:300 | 4.3 | 3.3 | $100 | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
PU Prime Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.6 | $20 | MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading | Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
YWO (CM) Ltd MISA Comoros | 1:1000 | 4.3 | 4.4 | $10 | MT5 | Trading our products involves margin trading and carries a high level of risk, including the potential loss of your entire capital. These products may not be suitable for all investors. You should fully understand the risks involved before trading. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Elev8 Markets Ltd FSCM Mauritius | 1:2000 | 4.2 | 4.1 | $20 | MT5, MT4, Elev8Trader | Elev8's services relate to complex derivative products that are traded over the counter. Trading with leverage involves a high level of risk and may not be suitable for all investors. Investing carries risks, and individuals should carefully consider their investment objectives, level of experience, and risk tolerance before making any investment decisions. | |
Errante Securities (Seychelles) Ltd FSA Seychelles | 1:1000 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Central Clearing Ltd MISA Comoros | 1:1000 | 4.2 | 4.4 | $0 | MT4, MT5 | Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
Formula Investment House Ltd BVI FSC Virgin Islands, British | 1:400 | 4.2 | 2.7 | $100 | iFOREX Platform | Not investment advice; Capital at Risk; T&C apply. | |
Mitrade International Ltd FSCM Mauritius | 1:200 | 4.2 | 3.8 | $20 | Mitrade Trading Platform, Mitrade Mobile App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy International Ltd FSA Seychelles | 1:500 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
AMarkets LTD MISA Comoros | 1:3000 | 4.0 | 2.4 | $100 | MT5, MT4, AMarkets App | Your capital is at risk | |
Doto Global Ltd FSCM Mauritius | 1:500 | 4.0 | 3.4 | $15 | MT4, MT5, Doto Platform | Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. | |
Trade Set Go Ltd FSA Seychelles | 1:400 | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
Evalanch Ltd FSA Seychelles | - | 3.9 | 3.9 | $10 | MT5 | “Contract for Differences” (CFDs) are usually leveraged products. Trading Over-The-Counter (OTC) CFDs related to commodities, Forex, Indices and Shares, carries a high level of risk and can result in the loss of all of your investment. As such, CFDs may not be appropriate and/ or suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFDs trading, and seek advice from an independent and suitably licensed financial advisor. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. General information and/ or recommendations provided by the Company should not be interpreted as investment advice. For more information please visit our General Risk Disclosure Policy. Disclaimer: Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. | |
Versus Trade Ltd FSCM Mauritius | 1:2000 | 3.8 | 4.3 | $10 | MT5 | It is hereby warned that engagement in the trade of CFDs and/or other services are accompanied by considerable risk and the potential loss of funds and under no circumstances shall Versus Trade be held liable for such. Access to this website is made with clear understanding of the risks. No element present on this website shall be interpreted as investment advice or invitation to engage in services. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from Saudi Arabia. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other Middle Eastern Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
| Middle East |
| Best Forex Brokers in Dubai | Best Forex Brokers in Kuwait | Best Forex Brokers in Qatar | Best Forex Brokers in Turkey | Best Forex Brokers in the UAE |
Not from Saudi Arabia? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
All the Brokers We Tested
Update History
About the Authors
Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
As a Senior Content Editor at FXEmpire, Ola has edited and fact-checked more than 350 broker reviews and guides. She continually refines FXEmpire’s proprietary broker rating system and keeps a close eye on industry trends, making sure our reviews reflect the latest changes in the market.
- List of Top Forex Brokers and Trading Platforms in Saudi Arabia
- How Did I Select the Best Brokers in Saudi Arabia?
- Best Overall
- Best for Beginners
- Best Trading App
- Best Selection of Tradable Instruments
- Best Low Spreads
- Best Trading Platform
- Best for Copy and Social Trading
- Best Forex Brokers in Other Middle Eastern Countries
- Where to go next
- All the Brokers We Tested
- Update History