Forex Brokers Saudi Arabia – Online Trading Broker in Saudi Arab

Are you living in Saudi Arabia and  looking to trade online and struggling to find best online forex broker to trade Forex, Stocks, CFDs, Gold or Cryptocurrency?

Check out which forex brokers are safe to trade online in Saudi Arabia? Compare here  the best online brokers for trading forex, crypto, stocks, commodities & indices in in Saudi Arabia

Select a Broker helps you find, review, compare and select an online trading and investment broker in Saudi Arabia

Is forex trading legal in Saudi Arabia?

Yes sir, forex trading is legal and you can trade at anywhere in world on online Plat form with regulated forex broker.

Forex Broker Overview in Saudi Arabia?

Searching for an online broker in Saudi Arabia need not be a task as there are many broker option for expats. World’s leading corporate trading platform brokers are found and a choice of the online platform not necessarily with local attach is to be found.

As a Forex Trader, always make sure that you are trading with Regulated Forex Brokers in Saudi Arabia since not all Forex Brokers in
Saudi Arabs are regulated. All expats are exposed to the workings of the forex trading market simply because they deal with currencies when sending or receiving foreign money. As a result, many of them have become interested in Online Broker in Saudi Arabia as a profitable venture.

They are very few Forex Brokers, which are regulated by Saudi Arabia Capital Market Authority. To be protected, always make sure, that you are Trading with CMA Regulated Forex Brokers in Saudi Arabia.

Saudi Arabia is one of the top countries in Middle East where people are investing a lot in Online Forex Trading.

Some Online Broker in Saudi Arabia can be misleading, however, especially without substantial knowledge of the market or with the wrong advice. Find yourself in these shoes? Then trust only the experts. Here, you will find nothing short of reliable resources on Online Broker in Saudi Arabia so you can have a more rewarding experience of the market. Fill out a contact request form now.

As a Forex Trader, always make sure, you are trading with Regulated Forex Brokers in Saudi Arabia since not all Forex Brokers in
Saudi Arabia is regulated. They are very few Forex Brokers, which are regulated by Saudi Arabia Capital Market Authority. To be protected, always make sure, that you are Trading with CMA Regulated Forex Brokers in Saudi Arabia.

Saudi Arabia is one of the top countries in the Middle East where people are investing a lot in Online Forex Trading. That is good
sign, when people start investing their savings for alternative investment but this comes with the cost of Scam Forex brokers in Saudi
Arabia.

Forex brokers regulations

As there are very few Forex brokers, who have been regulated under CMA, you will find 100 of Forex Brokers in Saudi Arabia, which are not regulated even outside the jurisdiction of Saudi Arabia. So in case, if you are not able to find any reliable CMA Forex Broker, Always opt for internationally Regulated Forex Brokers like FCA, CYSEC, DFSA or ASIC.
FCA Regulated Forex Brokers are regulated by Financial Conduct Authority UK. CYSEC is Cyprus Securities and Exchange Commission and it’s also very strict. DFSA is Dubai Financial Services Authority which is also the very strong regulatory body. ASIC stands for Australian Securities and Investments Commission.

Always make sure, you check the Forex broker for their regulations since not all mentioned on the website is true. Do some research regarding Forex Broker yourself.
There is thousands of Forex Broker scams in Saudi Arabia and a lot of illegal Forex broker are stealing the money of Saudi Arabia Forex Traders so you should be careful choosing Forex Broker and always check it online for the broker credentials.

If you finding it difficult to find, regulated Forex broker in Saudi Arabia, visit Saudi Forex Trading for more information about trading with Best Forex broker for online trading.

How to Invest in Saudi Stock Market?

Saudi Arabia is best known among rich investors for its tremendous oil industry, with approximately 260 billion barrels of oil reserves comprising roughly one-fifth of the world’s supply. While the oil industry’s largest player may be largely off-limits to investors, they can benefit from several other industries within the relatively wealthy nation.

Are you expat or Saudi National, thinking to put your assets as an alternative investment? If yes, you would see a lot of
hype in surrounding about Online Stock Trading in Saudi Arabia.  Start investing Saudi Stock Market is lucrative since Saudi Stock Market (Tadawul) is going to be open for international markets, its an emerging Stock Market for the world. Especially, Crown prince of Saudi Arabia is putting his belief on alternative sources apart from oil, we could see in future a drastic revolution in Saudi Arabia local industry.

Aramco is already been placed for IPO which is one of the positive sign that Saudi Stocks will definitely be limelight
for the future online stock trading.

Tadawul (Saudi Stock Market)

There are many banks and institutions in Saudi Arabia, which act as a Market Maker for Tadawul (Saudi Stock Market) and
it’s very easy to open an account with them. You need to make sure, you are selecting the best and regulated Online Stock Trading
broker in Saudi Arabia since they are a lot of Scam Stockbrokers as well.

Also, another point to be aware is regarding regulations, spreads, margins, and commission structure, each Saudi Stock Trading broker
are offering you. Sometimes good Saudi Stock Trading Platform will offer higher margins and commissions but they assure high
quality and the start of Platform execution.

Since you can trade online on the go while via App on your mobile, you need to make sure, you are choosing the Saudi Stock
Trading broker, which is highly advanced and execution is just perfect to trade all Tadawul Market.

Trading Tadawul online is not the only option, and there are other International stocks to trade online for different markets in Europe, Asia and America, which could be traded online easily as well. You can opt for Saudi Forex Trading services for investing Saudi Stock Market (Tadawul).

Trading in Saudi Arabia

When looking for an online trading broker to trade forex or CFDs with, make sure to choose a well-regulated broker that has a strong reputation with clients, since they should be suitable for entrusting a margin deposit with them.

Online forex brokers generally offer several trading account for traders, including:

• Forex Trading:  Exchanging one currency for another forms the basis of forex trading. Exchange rates fluctuate as one currency rises or falls relative to another in particular currency pair. The popularity of forex trading has expanded greatly once online trading became possible. The forex market is the most liquid and largest financial market globally and had a daily turnover of $5.1 trillion/day in April 2016, according to data compiled by the BIS.

• CFD Trading:  Making  all transactions in derivative financial instruments known as contracts for difference (CFDs) allows traders to speculate on the future of their underlying assets. Such assets can be consist of a currency pair, commodity, stock, stock index or other financial instruments.

Select a Broker helps you find, review, compare and select an online trading and investment broker in Saudi Arabia. Begin trading, buying and selling stocks, shares, bonds, futures, commodities, currencies, forex, options, mutual funds, gold, oil, silver, ETF’s and CFD’s online, from your desktop or mobile.

Here are top 10 Forex list in Saudia Arab

1- . Hymarkets

HYmarkets is a superb forex online broker create in 1977 and based in London. It provides you with the negotiation of several services financial instruments such as energy, metals, first materials, action, indices and more, all available commercial tools can be used from the same trading account.

Hymarkets offers 3 trading webtrader, HYPRO platform, and the famous MT4 trading platform.  Hymarkets offer of spreads on main currency crosses ranging from 0.5 to 2 pips and services very active to answer customer has all your plain and problem.

Regulated by: FCA (UK)

Islamic accounts available: YES

Min. deposit: $50

Minimum position size: 0.02 lot

Spread: Fixed

Leverage: 1:300

Platforms: Metatrader 4

founded in: 1999

office by: Cyprus, HongKong, United Kingdom

Payment Options Available:   wire transfer, credit and debit cards, PayPal, Skrill, Webmoney

2. XM

The XM online forex Islamic accounts is largely differ from other forex brokers. The difference is mainly the fact that other forex companies who substitute additional fees by widening the spread on Islamic accounts, XM add no additional charges. XM is a very good online forex broker that gives the ability to trade currencies, commodities and CFD, a broker well licence and offers a variety of incentives designed to meet all your business needs. trading is simplified, efficient and easy to manage with XM.

Regulated by: FSP, FCA (UK), CySEC, CNMV, BaFin

Islamic accounts available: YES

Min. deposit: $5

Minimum position size: 0.0001 lot

Spread:Variable

Leverage: 1:888

Platforms: Metatrader 4

founded in: 2012

office by: cyprus

Payment Options Available:  wire transfer, credit and debit cards, western union, MoneyGram, sofort, Neteller, UnionPay, ideal, others

Easy-Forex

3. 

Trade Wheat CFDs Online Easy forex is a forex broker and cfd broker developed by a group of an expert success of Exchange and bankers in 2003. forex broker is internationally known in the world and win the hearts of many traders. easy forex broker forex market maker, easy-forex was created as a means to provide a solution simple and intuitive trading for traders in the whole world.

Ecstasy forex allows the merchant of each level experience to enjoy the multiple capabilities of unique easy forex trading and reap the financial benefits of forex trading profitable.

Regulated by: ASIC, CySEC

Islamic accounts available: YES

Min. deposit: $25

Minimum position size: 0.05 lot

Spread: Fixed

Leverage:  1:400

Platforms: Tradedesk, web trading, MetaTrader 4

founded in: 2003

office by:  Australia, Cyprus, United Kingdom

Payment Options Available:  wire transfer, Skrill, credit and debit cards, Local bank transfer, Neteller, Webmoney

4. Markets.com

Market.com offers trading service excellent an of traders all over the world. It offers a financial both forex and a range of other products. Markets.com is well regulated by the major institutions of regulation as CYSEC, CIF, MiFlD and more.

Regulated by: AFM, FSA (Denmark), Finansinspektionen, BaFin, Banque de France, CONSOB, CySEC, FCA

Islamic accounts available: YES

Min. deposit: $100

Minimum position size: 0.01 lot

Spread: Fixed

Leverage: 1:200

Platforms: Metatrader 4

founded in: 2006

office by: cyprus

Payment Options Available  wire transfer, credit and debit cards, webmoeny

5. UFXMarkets

ufxmarkets is an online forex broker, which offers the whole world traders on the currency markets, commodities, and indices. ufxmarkets was founded in 2008 by a team of experts who have many years of experience in financial training, it is a forex broker that offers many advantages for both novice and experienced traders.

Regulated by: CySEC

Islamic accounts available: YES

Min. deposit: $100

Minimum position size: 0.01 lot

Spread: Fixed

Leverage: 1:200

Platforms: Metatrader 4, ufx web platform

founded in: 2009

office by: United Kingdom

Payment Options Available  cashU, skrill, wire transfer, credit and debit cards

6. Etoro

etoro is a very well known, online forex broker who offers a simple trading platform, transparency and high quality which has its member to invest and trade currencies, indices and commodities. etoro provides to its customers to negotiate in real time and automatically copy this as the best traders background.

Regulated by: ASIC, Cysec, CFTC, NFA

Islamic accounts available: YES

Min. deposit: $50

Minimum position size: 0.1 lot

Spread: Fixed

Leverage:  1:400

Platforms: etoro platform, etoro mobile trader

founded in: 2008

office by: Cyprus, USA, British virgin islands

Payment Options Available: Neteller, PayPal, WebMoney, western union, Skrill, wire transfer, credit and debit cards

7. Plus500

plus500 platform is a superb forex broker which gives the possibility for the delay throughout the world to Exchange much different, as financial instruments CFD and currencies. the more presents many advantages and an easy trading platform was used.

Regulated by: FCA (UK)

Islamic accounts available: YES

Min. deposit: $100

Minimum position size: 0.005 lot

Spread: Fixed

Leverage: 1:50

Platforms: Plus500 Windows trader, Plus500 Webtrader

founded in: 2008

office by: United Kingdom

Payment Options Available:  wire transfer, credit and debit cards, PayPal, skrill

8. Avatrade

AvaTrade is an online forex and CFD broker headquartered in Dublin.

The Forex Broker Avatrade trading platforms offer facilities to trade in commodities, stocks, indices, equities, ETFs, cryptocurrencies and bonds.

Most importantly they are a regulated and reliable broker with more than 10 years in the industry and a global presence in 150 countries.

Forex broker AvaTrade has been recognized for their innovative brokerage services and has received numerous awards. The trading broker Avatrade is one of the best forex broker in the world, with hundreds of thousands of customers worldwide. Broker Avatrade has been creating in 2006 and based in Ireland by a group of experts in finance and several internet programmers high-end avatrade it’s data’s mission to offer you the ultimate online trading environment.

Regulated by: ASIC, central bank of Ireland, financial futures association Japan

Islamic accounts available: YES

Min. deposit: $1

Minimum position size: 0.01 lot

Spread: Variable

Leverage: 1:400

Platforms: avatarder , MetaTrader 4

founded in: 2006

office by: Australia, Japan, Ireland, France, Germany, Italy

Payment Options Available: Neteller, PayPal, WebMoney,  wire transfer, credit and debit cards

9. Octafx

octafx is a forex ECN/STP broker who is based in saint vincent and the Grenadines which offers whole trading worldwide services, this forex broker provides a high-quality trading service and you can open an account with a low deposit.

Regulated by: IFSA
Islamic accounts available: YES
Min. deposit: $5
Minimum position size : 0.01 lot
Spread: Variable
Leverage: 1:500
Platforms: Metatrader 4
founded in : 2011
office  : saint vincent and the Grenadines
payment options: wire transfer, credit, and debit cards

10. Hotforex

100% SuperCharged BonusHotforex is a forex broker regulated by FSC Mauritius, who has won numerous awards as the Best Online Broker in Asia and Eastern Europe 2013. hotforex is positioned as a forex broker favorite for speculators and those who use automated trading programs.

Regulated by: Cysec, FSC (Mauritius)

Islamic accounts available: YES

Min. deposit: $5

Minimum position size: 0.01 lot

Spread: Variable, From 1 pip

Leverage: 1:1000

Trading instruments: Forex, Indices, Commodities, and Share CFDs

Platforms: Metatrader 4

founded in: 2010

office by: Mauritius

Payment Options Available: wire transfer, Neteller, cashU, Skrill, perfect money, credit and debit cards, Ukash, fasapay, credit and debit cards