5 Best Forex Brokers in Saudi Arabia
We have listed the 5 Best Forex Brokers in Saudi Arabia offering secure access to global currency markets and Sharia-compliant trading options. These brokers offer competitive spreads, strong regulatory oversight, and reliable trading platforms, ensuring that both beginners and professional traders can trade Forex efficiently while maintaining confidence, transparency, and fast execution.
5 Best Regulated Forex Brokers in Saudi Arabia (2025)
- Pepperstone – Overall, the Best Forex Broker in Saudi Arabia.
- FxPro – Well-regulated global broker with a long track record.
- CMC Markets – Professional, feature-rich proprietary platform.
- IG – Excellent education and research tools.
- Admirals – Competitive pricing on major forex pairs.
Top 10 Forex Brokers (Globally)
1. Pepperstone
Pepperstone holds top-tier licences from 🇬🇧 FCA and 🇦🇺 ASIC. It does not hold a local licence from the 🇸🇦 CMA, but it accepts traders from Saudi Arabia through its globally regulated entities, giving Saudi residents access to its platforms and trading conditions.
| Feature | What Stands Out |
| Global trust | Regulated by 🇬🇧 FCA 🇦🇺 ASIC, and other tier one authorities |
| Saudi availability | Accepts traders from 🇸🇦 Saudi Arabia |
| Islamic account | Swap-free option suitable for Sharia compliant trading |
| Low spreads | Very competitive pricing on major forex pairs |
| Platform choice | MT4, MT5, and cTrader for all trading styles |
 | Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Frequently Asked Questions
Can Saudi Arabian residents open a Pepperstone trading account?
Yes. Pepperstone accepts traders from 🇸🇦 Saudi Arabia and opens accounts through its foreign entities. Traders receive globally regulated protection, fast execution, and access to major trading platforms while trading from inside Saudi Arabia.
Does Pepperstone hold approval from the Saudi Arabian Capital Markets Authority (CMA)?
No. Pepperstone is not licensed by the 🇸🇦 CMA. It operates under foreign regulation from authorities such as the 🇬🇧 FCA and 🇦🇺 ASIC, which means Saudi traders use Pepperstone under international rules instead of local approval.
| Minimum Deposit: $200 Regulated by: ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong tier one regulation | Not regulated by 🇸🇦 CMA |
| Accepts Saudi traders | No local investor protection in Saudi Arabia |
| Tight spreads and fast execution | Limited local market focus |
| Supports MT4, MT5, and cTrader | Islamic account availability may vary |
| Suitable for beginners and advanced traders | No Saudi-based customer office |
Our Insights
Pepperstone offers trusted global regulation, tight spreads, and strong platform choice, making it a reliable option for traders in 🇸🇦 Saudi Arabia. Although it is not regulated by the 🇸🇦 CMA, it remains a compelling choice for traders who want low-cost execution and professional tools.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐☆☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐☆☆ |
2. FxPro
FxPro holds top-tier licences from 🇬🇧 FCA, 🇨🇾 CySEC, and 🇧🇸 SCB. It does not hold approval from the 🇸🇦 CMA, but it accepts traders from Saudi Arabia through its international entities. Saudi residents can open accounts and access FxPro platforms, tools, and global market instruments.
| Feature | What Stands Out |
| Global regulation | Licences from 🇬🇧 FCA, 🇨🇾 CySEC, and 🇧🇸 SCB |
| Saudi availability | Accepts traders from 🇸🇦 Saudi Arabia |
| Islamic option | Swap-free Islamic account available |
| Platform choice | MT4, MT5, cTrader, and FxPro’s own platform |
| Market variety | Forex, commodities, indices, shares, and futures |
 | Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
Frequently Asked Questions
Can traders in Saudi Arabia open a live trading account with FxPro?
Yes. FxPro accepts traders from 🇸🇦 Saudi Arabia and provides access to forex and CFD markets under its international regulation. Saudi clients can trade on MT4, MT5, cTrader, or FxPro’s proprietary platform with fast execution and professional tools for different trading strategies.
Is FxPro authorised by the Saudi Arabian Capital Markets Authority (CMA)?
No. FxPro does not hold a licence from the 🇸🇦 CMA. The broker operates under overseas regulation from 🇬🇧 FCA, 🇨🇾 CySEC, and 🇧🇸 SCB, which means Saudi traders register under foreign rules instead of local Saudi regulatory oversight or investor protection structures.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong global regulation | Not regulated by 🇸🇦 CMA |
| Accepts Saudi traders | No local investor protection in Saudi Arabia |
| Multiple platform options | Some spreads can be higher on certain accounts |
| Islamic account available | Limited Saudi-focused features |
| Wide range of instruments | No Saudi-based support office |
Our Insights
FxPro offers strong regulation, platform variety, and Islamic account access, making it a solid option for traders in 🇸🇦 Saudi Arabia. Although it is not authorised by the 🇸🇦 CMA, it remains a trusted and globally recognised broker with competitive conditions for active forex traders.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. CMC Markets
CMC Markets holds top-tier licences from 🇬🇧 FCA and operates a regional branch regulated by 🇦🇪 DFSA. It does not hold authorisation from the 🇸🇦 CMA, but it accepts traders from Saudi Arabia through its internationally regulated entities, giving Saudi residents access to its platforms and global markets.
| Feature | What Stands Out |
| Strong regulation | Licensed by 🇬🇧 FCA and 🇦🇪 DFSA |
| Accepts Saudi traders | Available to residents of 🇸🇦 Saudi Arabia |
| Advanced platforms | MT4 and powerful proprietary platform |
| Huge market range | Forex, commodities, indices, shares, and more |
| Global reputation | Long-standing and well-established brokerage |
 | Minimum Deposit: $0 Regulated by: BaFin, FCA, ASIC, MAS, FMA, IIROC, DFSA Crypto: Yes |
Frequently Asked Questions
Can traders in Saudi Arabia open a live CMC Markets account?
Yes. CMC Markets accepts traders from 🇸🇦 Saudi Arabia under its overseas regulation. Saudi clients can open accounts, trade multiple markets, and use advanced platforms, while benefiting from global oversight rather than local Saudi regulation.
Is CMC Markets authorised by the Saudi Arabian Capital Markets Authority (CMA)?
No. CMC Markets is not licensed by the 🇸🇦 CMA. It operates under regulation from 🇬🇧 FCA and 🇦🇪 DFSA, so Saudi Arabian traders register through foreign entities instead of a locally supervised Saudi regulatory structure.
| Minimum Deposit: $0 Regulated by: BaFin, FCA, ASIC, MAS, FMA, IIROC, DFSA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong global regulation | Not regulated by 🇸🇦 CMA |
| Accepts Saudi traders | No local investor protection in Saudi Arabia |
| Advanced platform technology | Fewer Saudi-focused features |
| Wide market selection | Islamic account availability may vary |
| Trusted global reputation | No local Saudi support office |
Our Insights
CMC Markets stands out with strong regulation, advanced platforms, and a wide market selection, making it a reliable choice for traders in 🇸🇦 Saudi Arabia. Although it is not authorised by the 🇸🇦 CMA, it accepts Saudi clients and delivers a professional, globally trusted trading environment.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
Top 3 Forex Brokers in Saudi Arabia – A Comparison
| Broker |  |  |  |
| Minimum Deposit | AU$10 | 100 USD | None |
| Withdrawal Fees | None | None | No fees |
| Spreads From | 0.0 pips | 0.0 pips | 0.7 pips (Forex) |
| Commissions | Yes | Variable | No commission on Forex and most CFDs |
| Swap Fees | Yes | Variable | Yes |
| Leverage | 1:500 (Pro) / 1:200 (Retail) | Up to 1:500 | Up to 1:500 |
| Margin Requirements | Varies | Variable | Varies by asset and region |
| Account Segregation | Yes | Yes | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Regulation | 🇦🇺 ASIC 🇩🇪 BaFin 🇰🇪 CMA 🇨🇾 CySEC 🇦🇪 DFSA 🇬🇧 FCA 🇧🇸 SCB | 🇬🇧 FCA 🇨🇾 CySEC 🇧🇸 SCB 🇿🇦 FSCA 🇦🇪 DFSA | 🇬🇧 FCA 🇨🇦 IIROC 🇦🇺 ASIC 🇳🇿 FMA 🇸🇬 MAS |
| Open an Account |  | | |
4. IG
IG Group holds major licences with regulators such as 🇬🇧 FCA and other tier‑one authorities. It does not hold a specific licence from the 🇸🇦 CMA, yet it operates globally and accepts Saudi Arabian residents through its international entity, providing access to professional platforms and broad markets.
| Feature | What Stands Out |
| Global regulation | Licensed by 🇬🇧 FCA and other top regulators |
| Saudi accessibility | Accepts residents of Saudi Arabia via international entity |
| Market range | Forex, commodities, shares, indices and more |
| Platforms | Proprietary platform and MetaTrader support |
| Reputation | Established broker with decades of experience |
 | Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Frequently Asked Questions
Can traders in Saudi Arabia open an account with IG?
Yes. IG accepts clients globally, including 🇸🇦 Saudi Arabia residents, through its international entity. Traders can access multiple markets, advanced platforms, and professional trading tools while trading under global regulatory oversight.
Is IG authorised by the Saudi Arabian Capital Market Authority (CMA)?
No. IG does not hold a licence from the 🇸🇦 CMA. Saudi traders rely on regulation from overseas authorities such as the 🇬🇧 FCA, rather than local Saudi regulatory oversight.
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong global regulation | No 🇸🇦 CMA licence |
| Accepts Saudi traders | Limited local investor protection |
| Broad market coverage | Deposit options not Saudi-focused |
| Professional trading platforms | Islamic account may be limited |
| Reputable broker | Some account features differ |
Our Insights
IG offers a trusted global trading environment with professional tools and broad market access for Saudi Arabian residents. Although it lacks 🇸🇦 CMA regulation, it remains a reliable broker for traders comfortable with international oversight and advanced trading infrastructure.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
5. Admirals
Admirals (formerly Admiral Markets) is a global forex and CFD broker regulated by multiple authorities, including 🇬🇧 FCA, 🇦🇺 ASIC, 🇨🇾 CySEC, 🇯🇴 Jordan Securities Commission, 🇿🇦 FSCA, 🇨🇦 IIROC, 🇰🇪 CMA, and 🇸🇨 FSA. It does not hold a licence from the 🇸🇦 CMA but accepts Saudi Arabian residents via its international entities.
| Feature | What Stands Out |
| Global Regulation | Licensed by 🇬🇧 FCA, 🇦🇺 ASIC, 🇨🇾 CySEC, 🇯🇴 Jordan Securities Commission, 🇿🇦 FSCA, 🇨🇦 IIROC, 🇰🇪 CMA, 🇸🇨 FSA |
| Saudi Accessibility | Accepts residents of 🇸🇦 Saudi Arabia via international entities |
| Market Range | Offers forex, CFDs, and other financial instruments |
| Platforms | MetaTrader 4 and MetaTrader 5 available |
| Reputation | Established broker with global presence and experience |
 | Minimum Deposit: $25 Regulated by: FCA, ASIC, CySEC Crypto: Yes |
Frequently Asked Questions
Can traders in Saudi Arabia open an account with Admirals?
Yes. Admirals accepts clients from 🇸🇦 Saudi Arabia through its international entities. Traders gain access to multiple financial markets, professional trading platforms, and globally regulated account protections.
Is Admirals authorised by the Saudi Arabian Capital Market Authority (CMA)?
No. Admirals does not hold a licence from the 🇸🇦 CMA. Saudi traders are covered by international regulatory authorities such as 🇬🇧 FCA and 🇯🇴 Jordan Securities Commission instead of local Saudi oversight.
| Minimum Deposit: $25 Regulated by: FCA, ASIC, CySEC Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong global regulation | No 🇸🇦 CMA licence |
| Accepts Saudi traders via international entities | Limited local investor protection |
| Wide range of financial instruments | Deposit and withdrawal methods may not be Saudi-specific |
| Access to MetaTrader platforms | Islamic account availability may vary |
| Established and reputable broker | Certain account features may differ for Saudi residents |
Our Insights
Admirals offers a globally regulated trading environment with access to various financial markets for Saudi Arabian residents. While it lacks a licence from the 🇸🇦 CMA, it remains a viable option for traders comfortable with international regulation and seeking diverse trading opportunities.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5 Best Forex Brokers in Saudi Arabia – Head to Head
| Regulated in top jurisdictions. Very low spreads and fast execution. Ideal for scalpers. | |  |
| Well-regulated global broker. Supports fast execution. advanced trading styles | | |
| Huge selection of tradable instruments. Tight spreads. Feature-rich proprietary platform. | | |
 | Extremely wide market coverage. Competitive spreads. Excellent education. | | |
 | Well-regulated broker. Competitive pricing. Supports MT4 and MT5. | | |
Pros and Cons of Forex Trading in Saudi Arabia
| ✓ Pros | ✕ Cons |
| Access to global markets | High volatility |
| Leverage available | Risk of losses |
| Advanced trading platforms | Limited local broker options |
| Flexible trading hours | Regulatory restrictions |
| Multiple account types | Complex for beginners |
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In Conclusion
Forex trading in Saudi Arabia offers opportunities for profit and market access but carries significant risks. Traders should choose reputable international brokers, understand regulations, and manage risks effectively to trade safely and successfully.
Faq
Yes. Forex trading is legal if done through brokers regulated internationally or in compliance with 🇸🇦 CMA rules.
Local options are limited. Most Saudi traders use internationally regulated brokers for better access and features.
Traders commonly use MetaTrader 4, MetaTrader 5, and proprietary broker platforms for Forex trading.
Yes. Leverage is available, but it varies by broker and account type. Traders should use it cautiously.
Use stop-loss orders, manage position sizes, and select regulated brokers to minimize potential losses.
