Best Forex Brokers in Saudi Arabia for 2026
Top forex brokers for Saudi traders with Islamic accounts and Arabic support.
Written by
James Anderson
Fact Checked by
Emily Watson
Top 10 Forex Brokers for Saudi Traders in 2026
Saudi Arabia has a growing forex trading community with strong demand for Islamic accounts. Exness leads our 2026 rankings, followed by XM and Saxo Bank.
Is forex trading legal in Saudi Arabia?
Yes, forex trading is legal in Saudi Arabia. The Capital Market Authority (CMA) regulates some brokers locally, while many Saudi traders use internationally regulated brokers with FCA, CySEC, or ASIC licenses.
Key Features
Compare broker features for Saudi Arabia.
| Broker | ||
|---|---|---|
| Exness | None | $10 |
| XM | None | $5 |
| FXTM | None | $10 |
| HotForex | None | $5 |
| Saxo Bank | None | $2000 |
| IG | None | $250 |
| Pepperstone | $3.50/lot | $0 |
| IC Markets | $3.50/lot | $200 |
| Admiral Markets | None | $100 |
| FxPro | None | $100 |
Detailed Broker Analysis
Most popular in Saudi Arabia
Exness offers instant withdrawals, Islamic accounts, and Arabic 24/7 support. Popular among Saudi traders for its low spreads and local payment options.
Great education with Arabic support
XM offers comprehensive Arabic education and swap-free Islamic accounts. Their low minimum deposit makes them accessible to new traders.
CMA-licensed premium broker
Saxo Bank is CMA-licensed in Saudi Arabia with premium multi-asset trading. Their SaxoTraderGO platform offers professional-grade tools.
CMA-licensed established broker
IG is CMA and DFSA regulated, offering comprehensive market access. Their educational resources and ProRealTime charting are industry-leading.
Raw spreads specialist
Pepperstone offers razor-thin spreads on their Razor account. Islamic accounts available with swap-free trading for Saudi Muslims.
Ultra-low spreads for scalpers
IC Markets provides institutional-grade liquidity with spreads from 0.0 pips. Popular among Saudi scalpers and algorithmic traders.
Strong Arabic presence
FXTM has strong Arabic support and educational content. Their Islamic accounts and local deposit options make them popular in Saudi Arabia.
Diverse account types
HotForex offers multiple account types for different trading styles. Copy trading and PAMM accounts available for Saudi investors.
Comprehensive trading platform
Admiral Markets provides MetaTrader Supreme Edition with advanced tools. Islamic accounts and Arabic support available for Saudi traders.
Multi-platform broker
FxPro offers multiple platforms including cTrader and MT4/5. Negative balance protection and Islamic accounts available.
Frequently Asked Questions
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January 2026