FxPro's websiteA local licence or an offshore one: the difference
A broker can take clients in Saudi Arabia in two ways: through a company licensed by the CMA here, or through a company licensed somewhere else. Both happen, and the second is not the same as being unregulated.
What changes is where you stand if something goes wrong. A locally licensed entity is answerable to the CMA and to the complaint route that comes with it; an offshore entity is answerable to its own regulator, in its own jurisdiction, under its own compensation rules - which may be generous, limited, or absent.
The ten below hold a local licence. The brokers that do not are not hidden: they have their own page, because the question a reader asks is usually about one named firm.
Licensed in Saudi Arabia, or not (68 of 80)
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (8 of 80 counts · 77 brokers onboarding Saudi residents)
Top 3 (of 3 ranked)
A local licence or an offshore one: the difference (8 of 80)
| # | Broker | Round turn, USDSA | Min deposit, USDSA | Leverage | Withdrawal, hSA | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3.5 | — | 200SA | 24 | 4.44 | ECN/raw + standard | 2010 | 3 methods · local | |
| 2 | 6.7 | 20 group | 30 groupSA | 24 | 4.24 | Standard | 2016 | 2 methods · local | |
| 3 | — | — | 500SA | 120 | 4.17 | ECN/raw + standard | 1998 | 3 methods · local | |
| 4 | — | — | —stated, not verified | — | 4.17 | — | 2008 | 1 methods | |
| 5 | 5 | — | 500SA | 24 | 4.12 | ECN/raw + standard | 1977 | 3 methods · local | |
| 6 | — | 0 group | —stated, not verified | — | 3.9 | — | 2007 | 1 methods · local | |
| 7 | — | — | —stated, not verified | — | 3.27 | — | 2007 | — | |
| 8 | — | — | 1SA | 72 | 3.24 | — | 2008 | — |
"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.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
CFI publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.
The ten above illustrate the term. CMA-regulated brokers in Saudi Arabia lists every broker that qualifies, with the figure each one publishes.
Identical for every row, so it is stated once: Who onboards Local · CMA · Swap-free fee none, no limit · SAR account Yes.
1. Pepperstone — highest score of the three · cheapest priced of the three · locally licensed (score 4.44)
- Round turn
- 3.5 USD
- Withdrawal
- 1 business day
- SAR account
- SAR USD AUD EUR
- Leverage
- 200SA
- Accepts residents
- yes
- Onboarding entity
- Pepperstone SCB entity
- Founded
- 2010
- Register
- https://brokersway.com/forex-brokers/saudi-arabia/ · 29.09.2026
- Group leverage
- uncleargroup
- Instruments
- Forex CFDs indices crypto shares
- Platforms
- Funding
- Not served
- Reviews25%65
- Round-turn cost20%100
- Safety90
- Payouts15%80
- Track record10%
- Platforms70
Round turn 3.5 USD against the slice median 6.6 USD. strongest axis round-turn cost 100 of 100. total score 4.44.
Watch forPayouts axis 58 of 100; e-wallet times not published.
2. Capital.com — locally licensed · withdrawal in 24 h (score 4.24)
- Round turn
- 6.7 USD
- Withdrawal
- 24 hours
- SAR account
- Not stated for Saudi
- Leverage
- 30 groupSA
- Accepts residents
- yes
- Onboarding entity
- Capital Com Online Investments Ltd
- Founded
- 2016
- Register
- https://www.forexbrokers.com/guides/saudi-arabia · 02.10.2026
- Group leverage
- unclear
- Instruments
- CFDs on major assets
- Platforms
- Funding
- Not served
Round turn 6.7 USD against the slice median 6.6 USD. strongest axis round-turn cost 92 of 100. total score 4.24.
Watch forMin deposit 200 USD, double the Saudi Arabia median of 50; withdrawal time not published.
3. HYCM — locally licensed · withdrawal in 24 h (score 4.12)
- Round turn
- 5 USD
- Withdrawal
- within one working day
- SAR account
- EUR USD GBP RUB AED CAD
- Leverage
- 500SA
- Licence
- F000048
- Accepts residents
- yes
- Onboarding entity
- HYCM Capital Markets (DIFC)
- Founded
- 1977
- Register
- https://hycm.com/en/license-and-regulation · 11.10.2026
- Group leverage
- uncleargroup
- Instruments
- 300+ CFDs
- Platforms
- Funding
- Not served
Round turn 5 USD against the slice median 6.6 USD. strongest axis round-turn cost 100 of 100. total score 4.12.
Watch forOnboards Saudi residents through an offshore entity: no CMA licence, no CMA complaints route, no SAR account.
What the data shows(8 of 80 distributions · 77 brokers)
Swap-free availability (8 of 80 brokers)
Admin fee after the free period (8 of 80 swap-free)
Who onboards Saudi residents (8 of 80 brokers)
SAR account (8 of 80 brokers)
Who grants the leverage figure (66 of 80)
Full list(8 of 80)
- 1Pepperstone4.44
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 3.5
- Leverage
- 200SA
- SAR
- Yes
- 2Capital.com4.24
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6.7
- Min deposit, USD
- 20 group
- Leverage
- 30 groupSA
- SAR
- Yes
- 3CFI4.17
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Leverage
- 500SA
- SAR
- Yes
- 4Al Rajhi Capital4.17
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- SAR
- Yes
- 5HYCM4.12
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Leverage
- 500SA
- SAR
- Yes
- 6Derayah Financial3.9
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Min deposit, USD
- 0 group
- SAR
- Yes
- 7SNB Capital3.27
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- SAR
- Yes
- 8Riyad Capital3.24
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Leverage
- 1SA
- SAR
- Yes
How to read the ten below
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Saudi Arabia through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 6.6 USD and the median minimum deposit 5.0 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 4 explainers)
FAQ
- How many brokers qualify for this ranking in Saudi Arabia?
- 8 of 80 brokers measured for this country qualify.
- Which broker leads it, and on what basis?
- Pepperstone leads it with a score of 4.44. The order is computed score, highest first; unscored brokers follow.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 6.6 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
- Why are only ten brokers shown here?
- This page explains the term; the ten illustrate it. The full ranking lists 8 of 80 and is one click away.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(8 of 80 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.