77 brokers measured in Saudi Arabiabroker data checked 11.10.2026
NordFX logoNordFXNordFX LTD global entity

NordFX in Saudi Arabia — review, licence and costs

Written and checked by the Qasr Review editorial team · how we score ·  score recalculated 01.10.2026
noAccepts residents of Saudi ArabiaOpened by NordFX (Saudi Arabia) Co., CMA licence 209/13, register checked 11.10.2026

Score (5 of 6 axes scored)

4.4/ 5.0

ranked against full-basis brokers

  • Reviews25%80
  • Round-turn cost20%90
  • Payouts15%no data
  • Track record10%no data
  • Platforms10%50

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.800 = 4.4 · axes on 0–100, total on 2.0–5.0

Key facts

Licence check

CMA · Dealing in securities
209/13
Open an account with NordFX

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

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

Who actually onboards you

Entity that onboards Saudi Arabia residents
NordFX LTD global entity
Local standing
CySEC regulated
Licence as the register states it
CySEC license 209/13
Leverage for this entity
Up to 1:1000
The firm behind it
Since 2008
What we hold against it
Mixed third-party reviews

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 youNordFX LTD global entityLocal or offshore not stated in the source · CMA licence 209/13
1:1000SA
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 youCySEC regulated
  • 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
NordFX, raw spread plus commission7
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: Zero, Pro, Savings. 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 NordFX 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 7 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 · this broker 10 USD · 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 1:1000 · 22 of 80 brokers do not publish it

Withdrawal time published (80 brokers)

6of 77
Published, hours6not published38NordFX is one of the 6

Payouts(2 methods)

MethodDeposit, hFee, USDMin, USD
Bank card24050
E-wallets24050

Deposit and withdrawal methods (2 methods · 0 local rails)

Bank card and e-wallets

  • Bank card
  • E-wallets
Account currency
USD, EUR, BTC, ETH
Fee declared
2 of 2 methods
Withdrawal back to
the funding method

Where it does not serve(15 countries)

United StatesCanadaEuropean Union member statesRussian FederationJapanBrazilIndonesiaCubaSudanSyriaNorth KoreaMyanmarUkraineMalaysiaPanama

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

Platforms and markets(2 platforms)

The platform page on the NordFX website
The platform page on NordFX's own site, captured for this review (07.10.2026)
  • MT4
  • MT5
ClassMin spreadLeverage
MT411000SA
MT511000SA

Reviews(1 platform · 25% of the score)

4.6/ 5
Trustpilot rating
76
reviews
02.10.2026
snapshot, 2026
SnapshotRatingReviews
02.10.20264.676

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

Pros and cons(2 for and 5 against, each tied to a figure on this page)

For
  • Withdrawal in 24 h, one of 75 of 80 brokers here that publish a time
  • Round-turn cost 90 of 100, its strongest of 5 scored axes
Against
  • Round turn 7 USD on the raw + commission basis, over the Saudi Arabia median 6.6
  • No Saudi Arabia authorisation on file: the entity that onboards you is licensed elsewhere
  • Min deposit 10 USD, over the Saudi Arabia median 5
  • Platforms 50 of 100, its weakest of 5 scored axes
  • Not scored on safety: the broker publishes no figure we could read

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

3.88
TMGM
Licensed elsewhere
Round turn, USD
7SA
Min deposit, USD
0 groupSA
Leverage
1000SA
Rank in this country
#6
3.86
Axi
Licensed elsewhere
Round turn, USD
7SA
Min deposit, USD
5 groupSA
Leverage
500 group
Rank in this country
#9
3.69
JustMarkets
Licensed elsewhere
Round turn, USD
6SA
Min deposit, USD
10 groupSA
Leverage
3000 group
Rank in this country
#12
3.56
HFM
Licensed elsewhere
Round turn, USD
6SA
Min deposit, USD
0 groupSA
Leverage
2000SA
Rank in this country
#16
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 measuredNordFX
Reviews25%Rating, volume and recency on one public review platform80
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median90
Safety20%Local authorisation, the entity that onboards you, any regulator warning—
Payouts15%Published withdrawal time, fees and the methods available in the country80
Track record10%Years since the firm was founded, from its own filings90
Platforms10%Which trading platforms the broker confirms for this country50

FAQ

Does NordFX accept residents of Saudi Arabia?
No. CySEC regulated Onboarding entity: NordFX LTD global entity
Is NordFX licensed to serve clients in Saudi Arabia?
CySEC license 209/13 Checked on 11.10.2026.
How much does one round turn cost at NordFX?
About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for Saudi Arabia is 6.6 USD.
What leverage does NordFX offer to retail clients in Saudi Arabia?
Up to 1:1000. leverageGeo: Up to 1:1000
Which trading platforms does NordFX support?
MT4, MT5. Instruments: Forex, metals, crypto, CFDs
How can I withdraw money from NordFX in Saudi Arabia?
Bank card and e-wallets
What account types does NordFX offer?
Zero, Pro, Savings

Cost calculator (median of 70 priced of 80)

NordFX, per month140.00 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