10 Best Forex Brokers in Saudi Arabia (Top List 2025)

Forex trading in Saudi Arabia is a viable opportunity, but it requires navigating a complex regulatory landscape. While trading is permitted within established guidelines, not all brokers are authorized to operate in the region. To ensure compliance and a seamless trading experience, WR Trading has researched and compiled a list of the best and most reliable Forex brokers in Saudi Arabia.

At WR Trading, we conducted extensive research on brokers catering to traders in Saudi Arabia, and we’ve identified the 10 best forex brokers that stand out as exceptional choices, offering a combination of reliability, features, and services tailored to local traders’ needs. 

These are the Top 10 Forex Brokers for traders in Saudi Arabia in 2025:

List of 10 Best Forex Brokers in Saudi Arabia:

#1 BlackBull Markets 

BlackBull Markets is the winner in our review, regulated by the FSA, and permits traders in Saudi Arabia to use their services. BlackBull has different Forex tutorial options namely Beginner, Intermediate, and Advanced, they also provide you with tutorial materials. Furthermore, they have a detailed support service to cater to all complaints and inquiries. 

Key Facts About BlackBull Markets:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, TradingView, Blackbull Invest, Blackbull CopyTrader, cTrader
Regulations	FSA
Currency	USD, EUR, AUD, GBP, NZD, SGD, CAD, CHF, HKD, XAU, BTC, ETH, and JPY
Minimum Deposit	$0 (Standard), $2,000 (Prime), $20,000 (ECN Institutional)
Account Types	Standard, Prime, Institutional
Tradable Instruments	Equity indices, Commodities, Metals, Energies, Forex, Cryptocurrencies, and Futures
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 0.8 pips (Standard), 0.1 pips (Prime), 0.0 pips (Institutional)
Commissions	Standard- $0 per lot Prime- $6 per lot Institutional- $4 per lot
Transaction Options	Visa/MasterCard, bank transfer, Airtm, Cryptocurrency, Neteller, Skrill, HexoPay, AMEX, SEPA, Poli, PaymentAsia, Help2Pay, FXPay, China Unionpay, Boleto, Beeteller, AstroPay

#2 FP Markets 

FP market is an internationally recognized broker based in Australia. Their services are available to traders in Saudi Arabia. Different features are available on FP Market to enhance the trading experience, such as auto open and close positions, technical indicators and charts, and a detailed economic calendar. 

FP Markets ranks 2nd place in our comparison, thanks to it’s highly competitive spreads from 0.0 pips, and it’s license from over 5 reputable regulators. Traders also have the chance of trading using multiple top platforms like MT4, MT5, cTrader, IRess, Trading View, and WebTrader.

Key Facts About FP Markets:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, cTrader, IRess, TradingView, WebTrader, FP Mobile App
Regulations	ASIC, FSCA, FSA, ESMA, CySEC, and FSC
Currency	USD, CHF, JPY, GBP, PLN, SGD, HKD, CAD, EUR, AUD, NGN, ZAR, MXN, NZD, INR
Minimum Deposit	$100
Account Types	Standard Account and Raw account
Tradable Instruments	Currency pairs, CFDs on metals, indices, commodities, stocks, ETFs, bonds, and cryptocurrencies
Minimum Order	0.01
Leverage	Up to 1:500
Spreads	0.0 pips (Raw Account), 1.0 pips (Standard Account)
Commissions	$0 (Standard), $3 (Raw Account) per Round Lot
Transaction Options	Bank and online transfers, credit and debit cards, crypto payments, Perfect Money, PayPal, Neteller, Skrill, AstroPay, Apple Pay, Google Pay, and WebMoney

#3 Vantage Markets 

The regulations governing Vantage Markets allow traders from Saudi Arabia. They are regulated by the ASIC, VFSC, CIMA, and SIBL. Vantage market is beginner-friendly; they provide courses, webinars, and ebooks for an optimal learning experience. 

Key Facts About Vantage Markets:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	Vantage Markets app, MT4, MT5, WebTrader, ProTrader, TradingView, CopyTrading, Demo Trading
Regulations	ASIC, VFSC, CIMA, SIBL
Accepted Currency	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Minimum Deposit	$50 (Standard and RAW), $10,000 (Pro ECN)
Account Types	Demo, standard STP, Pro ECN, Raw ECN, SWAP FREE
Tradable Instruments	Currency pairs, CFDs on stock, indices, commodities, energy, ETFs, bonds, share CFDs, Forex, Gold, Silver, Oil, and Bonds.
Minimum Order	0.01 lot
Leverage	up to 1:500
Spreads	From 0.0 pips (Raw ECN and Pro ECN accounts), From 1.0 pip (Standard STP and CENT accounts)
Commissions	RAW ECN- 3 USD per lot Pro ECN- 1.5 USD per lot
Transaction Options	Bank wires, credit/debit cards, BPAY, Poli, Skrill, Neteller, Astropay, Fasapay, Domestic Fast Transfer, International EFT, China Union Pay, JCB, Broker-to-Broker Transfer, Pagsmile, Perfect Money, Thailand Instant Bank Transfer

#4 RoboForex

RoboForex offers features like Negative Balance Protection, and One Click Trading to forex traders in Saudi Arabia and other countries. You can get up to 10% on your account balance in any base currency. They also have a welcome bonus for registering with their services. 

Key Facts About RoboForex:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, R StocksTrader, MobileTrader, R WebTrader, MT 4 MultiTerminal
Regulations	FSC Belize
Currency	USD, EUR, GOLD
Minimum Deposit	$10 (Prime, ECN, Pro, ProCent), $100 (R StocksTrader)
Account Types	ProCent, Pro, ECN, Prime, R StocksTrader
Tradable Instruments	Commodities, Metals, Indices, ETFs, Stocks, Futures, Energies, Currencies
Minimum Order	0.01 lot
Leverage	1:300 (Prime), 1:500 (ECN and R StocksTrader), 1:2000 (ProCent and Pro)
Spreads	From 0.0 pips (Prime, ECN), 0.01 pips (R StocksTrader), 1.3 pips (Pro, ProCent)
Commissions	$0 (Pro and ProCent) Available (Prime, ECN, and R StocksTrader)
Transaction Options	Local Bank transfer, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, Bank Cards ( VISA/MasterCard/JCB/CUP), QR and  Vouchers

#5 Moneta Markets 

Moneta Markets is accessible to traders in Saudi Arabia among other countries. You can access tight spreads, low commissions, and variable trading instruments with Moneta Markets. They also offer technical views and live trading setups with experts.

Key Facts About Moneta Markets:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MetaTrader 4, MetaTrader 5, ProTrader, CopyTrader App, MetaTrader App, MT4 WebTrader, and AppTrader
Regulations	FSCA and SLIBC
Currency	AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
Minimum Deposit	$50 (Prime and Direct), $20,000 (Ultra)
Account Types	Demo, Ultra, Prime, and Direct
Tradable Instruments	Indices, commodities, bonds, cryptocurrencies, Forex, Share CFDs, Metals, Energy, Crypto CFDs, Index CFDs, and ETFs
Minimum Order	0.01 lot
Leverage	Up to 1:1000
Spreads	From 0.0 pips (Prime ECN and Ultra ECN), from 1.2 pips (Direct STP)
Commissions	$1 (Ultra), $3 (Prime)
Transaction Options	Visa/MasterCard, Wire Transfer, FasaPay, Neteller, Skrill, STICPAY and JCB

#6 Pepperstone

Pepperstone is regulated by multiple bodies, and its services cover different regions including Saudi Arabia. Trader’s funds are protected in a trust account regulated by the Australian Regulation Authority. Also, they provide expert analysis to help traders maximize profit and reduce loss. 

Key Facts About Pepperstone:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	cTrader, TradingView, MetaTrader 4, MetaTrader 5, Pepperstone Trading Platform, Pepperstone Mobile App
Regulations	ASIC, FCA, BaFin, CMA, CySEC, DFSA, SCB
Currency	USD, AUD, GBP, JPY, EUR, CHF, CAD, HKD, SGD, NZD
Minimum Deposit	$0
Account Types	Razor, Standard
Tradable Instruments	CFDs on Forex, index, stocks, currency indices, commodities, ETFs, Crypto, Metal, Shares
Minimum Order	0.01 lot
Leverage	Up to 1:400
Spreads	Raw (Razor), Variable (Standard)
Commissions	$3.5 per lot side (Razor account)
Transaction Options	Visa/Mastercard, Bank transfer, MPESA, PayPal, Flutterwave, Neteller, Skrill

#7 IC Trading

Traders in Saudi Arabia are allowed to use IC Trading, with access to all features and tools. IC Trading provides traders with low spreads and optimal trading conditions. They also employ the use of sophisticated tools to ensure the fast execution of trade orders. These tools include Depth of Market, inbuilt spread monitoring, ladder trading, and automated trades.

Key Facts About IC Trading:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, WebTrader and cTrader
Regulations	FSC
Currency	EUR, USD, GBP, CAD, AUD, HKD, NZD, CHF, SGD, JPY
Minimum Deposit	$200
Account Types	Demo, Standard, Raw Spread, and Islamic
Tradable Instruments	Crypto, Forex CFDs, indices, commodities, stocks, bonds, and Gold
Minimum Order	0.01 lot
Leverage	1:1000
Spreads	Standard 0.8 pips Raw Spread 0.0 pips
Commissions	$3.5 (Raw MetaTrader), $3 (Raw cTrader), and $0 (Standard) per lot side
Transaction Options	Visa/Mastercard, Bank transfer, Flutterwave, Neteller, Neteller VIP,  Skrill, UnionPay, Wire Transfer, Bpay, Broker to Broker, Klarna

#8 XM 

The regulatory bodies governing XM allow traders from Saudi Arabia. XM offers bonuses on deposits into your trading account. They also offer rewards for referring other traders and give favorable minimum orders and leverage. 

Key Facts About XM:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, XM App
Regulations	FSC (Belize), CySEC
Currency	USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, SGD, ZAR
Minimum Deposit	$5 (Micro, Standard, Ultra Low Standard), $10,000 (Shares Account)
Account Types	Micro, Ultra Low Standard, Standard Account, Shares account
Tradable Instruments	Forex, Cryptocurrencies, Commodities,  Stocks, Futures, Energies, Metals, Turbo Stocks, Thematic Indices
Minimum Order	0.1 lot (Ultra low standard account and Micro account), 0.01 lot (Standard account), 1 lot (Shares account)
Leverage	1:1000
Spreads	From 0.8 pips (Ultra-low Standard), 1.6 pips (Micro, Standard)
Commissions	Zero commission (Micro, Standard, Ultra low Standard), Available (Shares)
Transaction Options	Bank transfers, bank cards, e-wallets, and more

#9 FBS

FBS accepts traders from Saudi Arabia and has over 200 payment options to facilitate easy transactions for people in this region. FBS offers brokers in-depth education on forex trading coupled with expert market analysis. They also offer negative balance protection to minimize losses. 

Key Facts About FBS:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MetaTrader 4, MetaTrader 5, FBS App
Regulations	CySEC, FSC Belize, ASIC
Currency	USD, EUR, XAU, MXN, JPY, CHF, GBP, CAD, AUD, NZD, TRY, SGD, ZAR, SEK
Minimum Deposit	$5, but this may vary for different payment systems
Account Types	Standard, Cent, Demo standard, Demo cent
Tradable Instruments	Forex, indices, metals, futures, energies, Stocks
Minimum Order	0.01 lot
Leverage	1:3000
Spreads	From 0.7 pips
Commissions	From 0%
Transaction Options	Over 200+ payment methods. Bank wire transfers, bank cards, e-payment methods, and exchangers

#10 VT Markets

VT Markets is regulated by ASIC, FSCA, and FSC (Mauritius) and is permitted to accept traders from Saudi Arabia. VT Markets offers welcome and deposit bonuses. They also have a reward program for trading actively on their platform. 

Key Facts About VT Markets:

Feature	Broker
Available in Saudi Arabia	Yes
Trading Platforms	MT4, MT5, WebTrader, TradingView, VT Markets App
Regulations	ASIC, FSCA, FSC Mauritius
Currency	USD, GBP, CAD, AUD, EUR, HKD.
Minimum Deposit	$100
Account Types	Demo MT4/MT5, Standard STP, RAW ECN, Islamic
Tradable Instruments	Forex, Soft Commodities, Indices, ETFs, CFD Bonds, CFD Shares, Precious Metals, Energies
Minimum Order	0.01 lot
Leverage	Up to 1:500
Spreads	From 1.2 pips (standard), from 0.0 pips (ECN)
Commissions	$6 (Raw ECN), $0 (Standard STP) per round turn
Transaction Options	Visa/Mastercard, Bank transfer, UnionPay, FasaPay Neteller, Skrill, Mobile pay, EU bank, Vietnam Instant Bank Wire Transfer, Thailand Instant Bank Transfer

Is Forex Trading Legal in Saudi Arabia?

Yes, Forex trading is accepted in Saudi Arabia, and this practice is quickly becoming a major part of the economy. There are domestic and international regulatory bodies that oversee the activities of forex brokers within Saudi Arabia.

The Capital Market Authority (CMA) is the domestic body that regulates brokers, market intermediaries, the stock exchange, and the Central Depository and Settlement Corporation (CDSC). 

How Are Forex Brokers Regulated in Saudi Arabia?

Domestic Forex brokers in Saudi Arabia are regulated by the Capital Market Authority. The CMA is a government organization that regulates and supervises the activities of capital market intermediaries such as brokers.

Security of the Regulation

The Capital Market Authority is a government body, and they have jurisdiction over every broker within their territory (Saudi Arabia). Brokers registered under the CMA are very secure and safe for trading. Some international trading brokers are also permitted to operate within Saudi Arabia.

How To Find Out if Your Forex Broker is Regulated in Saudi Arabia 

Traders using domestic brokers can verify if they’re regulated by checking the CMA website. Any broker that is registered under the CMA will be named on their official website for traders to verify. 

Some international brokers are accepted in Saudi Arabia due to their regulations. Brokers regulated by the UK’s Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), the Financial Service Authority (FSA), the Financial Service Commission (FSC), BaFin, CSA, VFSC, and CIMA accept brokers from Saudi Arabia.

How WR Trading Tested the Best Forex Brokers in Saudi Arabia

At WR Trading, we’ve curated the list of the best forex brokers in Saudi Arabia after careful research and attention to detail. Here’s an insight into our methodology:

• We used customer reviews and ratings across different platforms to eliminate less desirable options.
• We investigated their licenses and overall safety.
• We verified that our selected brokers offer services to those in Saudi Arabia.
• We performed a detailed review of their services and features.
• We ascertained that their transaction options are compatible with Saudi Arabian residents.
• We rechecked all key features such as trading platforms, regulations, currency, minimum deposits, account types, tradable instruments, minimum order, leverage, spreads, commissions, and transaction options. 

Supported Payment Methods for Traders in Saudi Arabia

WR Trading has researched suitable payment methods for traders in Saudi Arabia.

Local Payment Methods:

• Paytabs
• Tap
• Bayan
• 2checkout
• Hyperpay

Other General Methods:

• Visa/MasterCard
• Bank Transfers

Conclusion: The Top Forex Brokers Are Available In Saudia Arabia

Forex Trading constitutes a part of Saudi Arabia’s economy and more people are investing daily. Finding a trustworthy broker can be a hassle, so WR Trading has compiled ten of the best brokers that allow Saudi Arabian residents to trade. We checked the key features a broker should have and used it to determine the best choices for you. We’ve also looked at the regulatory bodies that brokers must be registered with both domestically and internationally.

Frequently Asked Questions on Forex Brokers in Saudi Arabia