Skip to content
Risk·77–82% of retail CFD accounts lose money. Trade only with capital you can afford to lose.
Disclosure·Affiliate links. Editorial ranking is independent. How we're paid
Stockbrokers2026

Brokers by Country · SA

Stock Brokers in Saudi Arabia, 2026

Tracked byUpdated

Saudi Arabia regulates capital markets through the CMA under the Capital Market Law (2003). Licensed local broker-dealers — Al Rajhi Capital, Riyad Capital, NCB Capital (SNB), HSBC Saudi Arabia — provide access to Tadawul-listed equities and Sukuk. CMA does NOT licence retail OTC FX/CFD providers; SAMA's foreign-exchange framework is broad but does not specifically regulate retail margin FX. International CFD brokers (Exness, AvaTrade, IG Saudi Arabia partner offerings) operate via offshore entities or licensed regional partners.

4 / 4 brokers accept Saudi Arabia

stock

  1. Editorial top pick

    01Deriv

    BVIMFSA
    Open account at Deriv →
    Avg spread
    0.70pip
    editorial estimate
    Cost / lot
    $7.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000

    $5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill

    Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product category
    PlatformsMetaTrader 5, Deriv X

    Founded in 1999 · Verified Jun 1, 2026

    Full Deriv details →

  2. 02XM Group

    ASICCySECIFSC
    Open account at XM Group →
    Avg spread
    1.30pip
    midpoint of broker range
    Cost / lot
    $13.00
    no commission
    Min deposit
    $5
    Max leverage
    1:1000
    EU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000

    $5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list

    Fits ifYou want the lowest-friction entry in our list — $5 minimum deposit
    PlatformsMetaTrader 4, MetaTrader 5, Web Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full XM Group details →

  3. 03Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997 · Verified Jun 1, 2026

    Full Libertex details →

  4. 04RoboForex

    IFSC
    Open account at RoboForex →
    Avg spread
    0.20pip
    broker-published typical
    Cost / lot
    $6.00
    incl. $4 commission
    Min deposit
    $10
    Max leverage
    1:500
    IFSC Belize offshore only — ECN tier; separate Pro account reaches 1:2000

    ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list · IFSC Belize only — no tier-1 regulator, no FSCS-equivalent protection

    Fits ifYou're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
    PlatformsMetaTrader 4, MetaTrader 5, R Stocks Trader

    Founded in 2009 · Verified Jun 1, 2026

    Full RoboForex details →

Country context

Regulator
CMA · Capital Market Authority — supervises capital markets; SAMA supervises banking and FX
Currency
SAR
Payment methods
madaBank transferApple PaySADAD
Tax

Saudi Arabia does not levy personal income tax on residents (citizens or expatriates). Capital gains for individual residents on Tadawul-listed securities are not taxable. Zakat (2.5% wealth tax) applies to Saudi/GCC nationals' qualifying assets including investment portfolios. Non-residents trading via Saudi brokerages may be subject to 5% withholding tax on dividends.

Retail trading rules

No CMA-set leverage cap because retail OTC CFDs are not licensed; Tadawul-listed margin trading falls under regulated securities-firm rules. SAMA foreign-exchange controls are minimal compared to most emerging markets — outbound retail capital flows are largely unrestricted, but bank documentation is required for large international transfers. The CMA Investor Awareness Centre publishes warnings on unauthorised platforms targeting Saudi residents.

Frequently asked

Which brokers accept residents of Saudi Arabia?+

4 of 4 brokers in our ranking accept Saudi Arabia: Deriv, XM Group, Libertex, RoboForex.

Who regulates brokers for Saudi Arabia?+

Primary regulator: CMA — Capital Market Authority — supervises capital markets; SAMA supervises banking and FX.

What payment methods are available?+

Common methods: mada, Bank transfer, Apple Pay, SADAD.

What are the tax rules for trading in Saudi Arabia?+

Saudi Arabia does not levy personal income tax on residents (citizens or expatriates). Capital gains for individual residents on Tadawul-listed securities are not taxable. Zakat (2.5% wealth tax) applies to Saudi/GCC nationals' qualifying assets including investment portfolios. Non-residents trading via Saudi brokerages may be subject to 5% withholding tax on dividends.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jun 1, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.

Best Stock Brokers in Saudi Arabia, 2026