This guide is for online traders in Saudi Arabia who are looking for the best CFD broker to trade with. Financial trading has grown massively in popularity in Saudi Arabia and globally, leading to hundreds of online trading brokers now operating in the country. Having such a wide choice of online trading brokers can make it hard to differentiate and select the right one.
To make things easier, we’ve researched and analyzed more than 125 brokers available for traders, narrowing it down to 4 of the top brokers in Saudi Arabia, based on our evaluation.
A global CFD broker with broad international regulation, including in the UAE from the SCA and DFSA.
A world-leading broker offering forex along with CFDs on stocks, indices, crypto and commodities at competitive prices.
Recommended for forex/CFD traders looking for easy account opening, free deposits.
Recommended for professional UAE traders looking for a broker with strong local presence in Dubai and Abu Dhabi.
Traders looking for solid educational support, UAE share trading, and detailed trading tools.
Minimum deposit
$100
Average forex spreads
1.4 pips
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
70+ currency pairs
Full review
Recommended for traders looking for some of the lowest industry spreads across multiple markets, unlimited leverage and advanced trading research.
Minimum deposit
$10
Average forex spreads
1 pip (EURUSD)
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
Forex, stocks, indices, commodities, crypto
Full review
Recommended for traders looking for some of the low spreads and an array of trading platform choices, including MT4, MT5, TradingView and more.
Minimum deposit
$100
Average forex spreads
0.9 pips
Demo account
Mobile trading
Time to open account
1-2 days
Forex trading options
Forex, crypto, commodities, indices, stocks, bonds, vanilla options and ETFs
Full review
Recommended for professional UAE traders looking for a broker with strong local presence in Dubai and Abu Dhabi.
Minimum deposit
$500
Average forex spreads
1.4 pips
Demo account
Mobile trading
Time to open account
1 day
Forex trading options
Forex, local stocks, global stocks, indices, commodities, crypto, ETFs
Full review
Looking for the best online trading brokers in the fast growing country of Saudi Arabia? Check out our in-depth broker reviews and choose the right one today.
Choosing the best broker in Saudi Arabia requires careful consideration of regulation, trading conditions, fees and customer support. A well-regulated and reputable broker will provide a secure trading environment, competitive spreads, and access to global markets. For traders in the region, the top Saudi brokers offer:
If you’re ready to start trading from Saudi Arabia, explore our expert reviews and compare the best trading brokers in Saudi to find the perfect platform for your needs.
Not all brokers in Saudi Arabia offer the same trading conditions. Here are some key factors to consider when selecting the best broker in Saudi:
By focusing on these factors, you can confidently select the best trading broker in Saudi Arabia that matches your trading style and needs.
Yes, online trading is legal in Saudi Arabia.
Saudi Arabia’s main local regulator is the Capital Markets Authority (CMA), responsible for supervising and regulating financial securities, including derivatives and CFD products. However, locally licensed CFD brokers are quite rare in Saudi Arabia due to stricter requirements to protect retail investors. Due to this, traders in Saudi tend to select brokers with offshore licences in regions like the UAE or Europe.
Getting started with trading in Saudi Arabia is straightforward if you follow these key steps:
Following these steps will help you trade profitably and safely with the best brokers online in Saudi Arabia.
Based on our research, our list of best brokers in Saudi Arabia includes Exness, XM, AvaTrade and Equiti.
No, trading profits are not taxable in Saudi Arabia, making it a tax-efficient location to trade freely.
Trading involves risk to your capital. As a general rule, you should only trade in financial products that you are familiar with and understand the risk associated with them. The risk warning described in each financial product below is not exhaustive, you should carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior making any investment.