77 brokers measured in Saudi Arabiabroker data checked 11.10.2026
CAPEX logoCAPEXKey Way Markets Ltd

CAPEX in Saudi Arabia — review, licence and costs

Written and checked by the Qasr Review editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of Saudi ArabiaOpened by CAPEX (Saudi Arabia) Co., CMA licence 190005, register checked 11.10.2026

Score (6 of 6 axes scored)

3.6/ 5.0

ranked against full-basis brokers

  • Reviews25%55
  • Round-turn cost20%92.5
  • Safety20%0
  • Payouts15%80
  • Track record10%50
  • Platforms10%40

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.533 = 3.6 · axes on 0–100, total on 2.0–5.0

Key facts

Licence check

CMA · Dealing in securities
190005
Active on registerchecked 11.10.2026https://capex.com/ar/contact-us
Open an account with CAPEX

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the CAPEX website
CAPEX's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards Saudi Arabia residents
Key Way Markets Ltd
Local standing
Regulated foreign broker
Licence as the register states it
ADGM FSRA
Leverage for this entity
Up to 1:300
The firm behind it
Global broker, Key Way Group
What we hold against it
Mixed reviews; offshore risk

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Saudi residents enters the score.

The entity that onboards youKey Way Markets LtdLocal or offshore not stated in the source · CMA licence 190005
1:300SA
Saudi Arabia median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youRegulated foreign broker
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Saudi Arabia market median(priced from 70 of 80)

Round turn, 1 lot EURUSD, spread plus commission, USD
CAPEX, raw spread plus commission6.5
Saudi Arabia median, all 70 priced6.6
Saudi Arabia median, the 59 priced on the raw spread plus commission6

Medians run over the 70 of 80 brokers that publish a price for Saudi Arabia, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Essential, Original, Signature. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where CAPEX sits in the Saudi Arabia base(80 brokers)

Round-turn cost, USD (70 of 80 priced)

7<5
545-10
410-15
415-20
120-25
025-30
030+

Median 6.6 USD · range 1.5-20 · this broker 6.5 USD · 10 of 80 brokers do not publish it

Minimum deposit, USD (5 of 80 priced)

3<50
050-100
1100-150
0150-200
1200+

Median 5 USD · range 0-200 · 75 of 80 brokers do not publish it

Retail leverage (58 of 80 with a Saudi Arabia figure)

32<1000
151000-2000
42000-3000
53000-4000
24000+

Median 1:500 · range 1-5000 · this broker 1:300 · 22 of 80 brokers do not publish it

Withdrawal time published (80 brokers)

6of 77
Published, hours6not published38CAPEX is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

Not stated

    Account currency
    Not stated
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(4 countries)

    United StatesCanadaJapanSpain

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(3 platforms)

    • WebTrader
    • MT5
    • mobile app

    Identical for every row: Min spread 1.2 · Leverage 300 SA.

    Reviews(1 platform · 25% of the score)

    4.1/ 5
    Trustpilot rating
    1,900
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.11,900

    Share of reviewers in Saudi Arabia: — The platform does not publish it.

    Pros and cons(4 for and 2 against, each tied to a figure on this page)

    For
    • Round turn 6.5 USD on the raw + commission basis, under the Saudi Arabia median 6.6
    • Withdrawal in 24 h, one of 75 of 80 brokers here that publish a time
    • Round-turn cost 92 of 100, its strongest of 6 scored axes
    • 3 platforms: WebTrader, MT5, mobile app
    Against
    • No Saudi Arabia authorisation on file: the entity that onboards you is licensed elsewhere
    • Safety 0 of 100, its weakest of 6 scored axes

    Alternatives in Saudi Arabia(5 of 80 scored in Saudi Arabia)

    3.69
    JustMarkets
    Licensed elsewhere
    Round turn, USD
    6SA
    Min deposit, USD
    10 groupSA
    Leverage
    3000 group
    Rank in this country
    #12
    3.37
    BDSwiss
    Licensed elsewhere
    Round turn, USD
    5SA
    Leverage
    2000 group
    Rank in this country
    #23
    3.58
    FxPro
    Licensed elsewhere
    Round turn, USD
    7SA
    Min deposit, USD
    100SA
    Leverage
    500SA
    Rank in this country
    #15
    3.88
    TMGM
    Licensed elsewhere
    Round turn, USD
    7SA
    Min deposit, USD
    0 groupSA
    Leverage
    1000SA
    Rank in this country
    #6
    3.58
    FXGT
    Licensed elsewhere
    Round turn, USD
    6SA
    Min deposit, USD
    5 groupSA
    Leverage
    5000SA
    Rank in this country
    #19

    "group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Saudi Arabia score. Full methodology

    AxisWeightWhat is measuredCAPEX
    Reviews25%Rating, volume and recency on one public review platform55
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median92
    Safety20%Local authorisation, the entity that onboards you, any regulator warning0
    Payouts15%Published withdrawal time, fees and the methods available in the country80
    Track record10%Years since the firm was founded, from its own filings50
    Platforms10%Which trading platforms the broker confirms for this country40

    FAQ

    Does CAPEX accept residents of Saudi Arabia?
    Yes. Regulated foreign broker Onboarding entity: Key Way Markets Ltd
    Is CAPEX licensed to serve clients in Saudi Arabia?
    ADGM FSRA Checked on 11.10.2026.
    How much does one round turn cost at CAPEX?
    About 6.5 USD per standard lot on EUR/USD. The median across brokers measured for Saudi Arabia is 6.6 USD.
    What leverage does CAPEX offer to retail clients in Saudi Arabia?
    Up to 1:300. leverageGeo: Up to 1:300
    Which trading platforms does CAPEX support?
    WebTrader, MT5, mobile app. Instruments: 2,100+ CFDs and shares
    How can I withdraw money from CAPEX in Saudi Arabia?
    Not stated
    What account types does CAPEX offer?
    Essential, Original, Signature

    Cost calculator (median of 70 priced of 80)

    CAPEX, per month130.00 USD
    Saudi Arabia median, per month132.00 USD

    EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a SAR conversion because the exchange rate is not part of our data.

    Verified · Sources