Explore The Most Trusted Forex Brokers For Saudi Arabia

Top forex brokers dem wey dey Saudi Arabia dey regulated internationally by top-tier agencies. As for local brokers dem, the Capital Market Authority (CMA) dey oversee the licensing and administration, and dem dey make sure say the overall stability and security of the country's capital markets dey intact. Best forex brokers dem wey dey Saudi Arabia dey offer major and minor currency pairs, CFDs, commodity futures, indices, etc. Dem also dey provide comprehensive learning materials for beginners, including demo accounts dem for dem to practice first before dem put real money at risk. Saudi Arabia forex brokers dem dey offer Islamic accounts to their local client base. Leveraged trading dey allowed for Saudi Arabia, but the CMA dey scrutinize and regulate am. The Saudi national currency, the riyal (SAR) dey pegged to the U.S dollar, which dey make major currency pairs dey popular for the country. Apart from the major and minor pairs, forex brokers dem wey dey Saudi Arabia dey also offer different exotic pairs from other Middle-Eastern countries.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4Copy tradingECNHigh leveragePAMMSignals
Regulations
FSC Belize
Platforms
MT4
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.82
Fortrade read review
MT4No deposit bonusCopy tradingPAMMSignals
Regulations
ASIC, CySEC, FCA UK +2 more
Platforms
MT4, Custom
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
High leverageSignals
Regulations
CNMV, FCA UK, KNF +1 more
Platforms
xStation
8.28
MT4MT5Copy tradingHigh leveragePAMM
Regulations
CIMA, CySEC, FCA UK
Platforms
MT4, MT5
With a nominal GDP of over $1 trillion and vast oil reserves, top forex brokers dem wey dey Saudi Arabia dey also offer commodity futures and indices, wey also dey popular for the country. Capital gains from trading dey taxed as ordinary income for Saudi Arabia, at a 20% tax rate. Islamic accounts wey top forex brokers dem wey dey Saudi Arabia dey offer allow users dem to trade on swap-free accounts, wey no get interest (riba), wey dem dey prohibit. Saudi Arabia’s GDP per capita dey estimated to be $30,000, and with a population of over 32 million, forex brokers dem wey dey Saudi Arabia dey serve a vast potential customer base. While all forex brokers dem wey dey Saudi Arabia dey regulated by the CMA, most of them get international license by bodies like FCA, CySEC, ASIC, FSA, etc. Some of the exotic currency pairs wey top forex brokers dem wey dey Saudi Arabia dey offer na: USD/HKD, EUR/SEK, USD/ZAR, and many others.

FAQs about Saudi Arabia