Forex brokers in Saudi Arabia

Here you can find a list of the best global Forex brokers online accepting traders in Saudi Arabia for Forex trading.

Popularity
Min. Deposit 3 SAR
ECN (min. deposit) 40 SAR
Leverage ≤1:2000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $200
ECN
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit $5
ECN
Leverage ≤1:1000
العربية
Platforms MT5 ✓
Popularity
Min. Deposit $1
ECN (min. deposit) $100
Leverage ≤1:3000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $5
ECN
Leverage ≤1:3000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $10
ECN (min. deposit) $10
Leverage ≤1:2000
العربية
Platforms MT4 ✓ MT5 ✓
Bonus $30
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30
Popularity
Min. Deposit $5
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
العربية
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit $100
ECN
Leverage ≤1:400
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:2000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $200
Leverage ≤1:3000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $50
ECN (min. deposit) $500
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
ECN
Leverage ≤1:200
العربية
Platforms MT4 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $1
ECN (min. deposit) $2000
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit $1
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $30
Popularity
Min. Deposit $10
ECN (min. deposit) $10
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit $10
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:200
العربية
Platforms MT4 ✓
Popularity
ECN
العربية
Popularity
Min. Deposit $10
ECN (min. deposit) $10
Leverage ≤1:2000
العربية
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $50
Popularity
Min. Deposit $100
ECN
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $10
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $100
Popularity
Min. Deposit $1
ECN (min. deposit) $100
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:1000
العربية
Platforms MT4 ✓
Popularity
Min. Deposit $20
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
Bonus 120%
Popularity
Min. Deposit $10
ECN (min. deposit) $500
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $200
ECN
Leverage ≤1:500
العربية
Platforms MT4 ✓ MT5 ✓ cTrader ✓
Popularity
Min. Deposit $1000
ECN (min. deposit) $1000
Leverage ≤1:400
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $30
ECN (min. deposit) $500
Leverage ≤1:3000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $10
ECN
Leverage ≤1:200
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $1
ECN
Leverage ≤1:3000
العربية
Popularity
Min. Deposit $1
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $25
ECN
Leverage ≤1:1000
العربية
Popularity
Min. Deposit $1
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓ MT5 ✓
No Deposit Bonus $10
Popularity
ECN
Leverage ≤1:30
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN (min. deposit) $100
Leverage ≤1:30
العربية
Platforms MT4 ✓
Popularity
Min. Deposit $50
ECN (min. deposit) $500
العربية
Platforms MT4 ✓ MT5 ✓
Popularity
Min. Deposit $100
ECN
Leverage ≤1:1000
العربية
Platforms MT4 ✓
No Deposit Bonus $30

In Saudi Arabia, forex trading is legal and regulated by the Saudi Arabian Monetary Authority (SAMA).

Traders in Saudi Arabia can access the global forex market through online trading platforms provided by licensed and regulated brokerages. These platforms allow traders to buy and sell currencies, as well as access other financial instruments such as CFDs, indices, and commodities.

Traders in Saudi Arabia must comply with SAMA regulations, which include maintaining a minimum capital requirement, submitting regular reports, and following strict anti-money laundering (AML) and know-your-customer (KYC) procedures.

The Saudi Arabian economy is heavily dependent on oil exports, which can impact the value of the Saudi Riyal against other currencies. As such, traders in Saudi Arabia may pay particular attention to global oil prices and their potential effect on currency exchange rates.

Overall, forex trading in Saudi Arabia offers traders the opportunity to participate in the global financial market and potentially generate returns through buying and selling currencies. However, it is important for traders to understand the regulations and potential risks involved in the market.

What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.