Brokers not authorised by the CMA in Saudi Arabia
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 (58 of 80 counts · 77 brokers onboarding Saudi residents)
Top 3 (of 3 ranked)
Brokers not authorised by the CMA in Saudi Arabia (58 of 80)
| # | Broker | Round turn, USDSA | Min deposit, USDSA | Leverage | Withdrawal, hSA | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5 | 10 group | 500SA | 0.25 | 4.14 | ECN/raw + standard | 2006 | 2 methods | |
| 2 | 6 | — | 2000SA | 0.17 | 4.13 | ECN/raw + standard | 2004 | 3 methods | |
| 3 | 4.8 | 0 group | 500SA | 1 | 4.03 | ECN/raw + standard | 2017 | 4 methods | |
| 4 | 6 | 50 group | 3000SA | 24 | 4.03 | ECN/raw + standard | 2009 | 2 methods · local | |
| 5 | 9 | 25 group | 1000SA | 3 | 4.01 | ECN/raw + standard | 2011 | 2 methods · local | |
| 6 | 7 | — | 3000SA | 24 | 4.01 | ECN/raw + standard | 2007 | 3 methods | |
| 7 | 6 | — | 3000SA | 24 | 4.01 | ECN/raw + standard | 2009 | 2 methods · local | |
| 8 | 6 | — | 500SA | 72 | 4 | ECN/raw + standard | 2005 | 2 methods · local | |
| 9 | 9 | — | —stated, not verified | 0.02 | 3.99 | ECN/raw + standard | 2008 | 2 methods · local | |
| 10 | 7 | 100 group | 400SA | — | 3.98 | ECN/raw + standard | 2001 | 3 methods · local | |
| 11 | 7 | — | 500SA | 2 | 3.97 | ECN/raw + standard | 2010 | 1 methods | |
| 12 | 2 | 10 group | 500 groupSA | 48 | 3.97 | ECN/raw + standard | 1990 | — | |
| 13 | 6 | 0 group | 500SA | 72 | 3.92 | ECN/raw + standard | 2014 | 4 methods · local | |
| 14 | 6 | — | 500SA | 48 | 3.89 | ECN/raw + standard | 2005 | 3 methods · local | |
| 15 | 5 | 50 group | 500SA | 24 | 3.88 | ECN/raw + standard | 2005 | 2 methods · local | |
| 16 | 7 | 0 group | 1000SA | 24 | 3.88 | ECN/raw + standard | 2013 | 3 methods · local | |
| 17 | 6 | — | —stated, not verified | 24 | 3.88 | Standard | 2011 | 2 methods · local | |
| 18 | 7 | 5 group | 500 groupSA | 24 | 3.86 | ECN/raw + standard | 2007 | 3 methods · local | |
| 19 | 6 | 50 group | 1000SA | 24 | 3.84 | ECN/raw + standard | 2018 | — | |
| 20 | 6 | — | 500 groupSA | 48 | 3.84 | ECN/raw + standard | 2006 | 3 methods · local | |
| 21 | 6 | — | —stated, not verified | 48 | 3.8 | ECN/raw + standard | 1998 | — | |
| 22 | 9 | 100 group | 400SA | 48 | 3.76 | Standard | 2006 | 3 methods · local | |
| 23 | 6 | — | 500SA | 24 | 3.75 | ECN/raw + standard | 2001 | 2 methods | |
| 24 | 7 | — | —stated, not verified | 48 | 3.75 | ECN/raw + standard | 2016 | — | |
| 25 | 7 | — | 1000SA | 24 | 3.74 | ECN/raw + standard | 2010 | — | |
| 26 | 7 | — | 1000SA | 24 | 3.73 | ECN/raw + standard | 2014 | — | |
| 27 | 9.2 | — | 500SA | 24 | 3.71 | ECN/raw + standard | 2010 | 4 methods · local | |
| 28 | 6 | — | 500SA | 120 | 3.69 | ECN/raw + standard | 2009 | 3 methods · local | |
| 29 | 1.5 | — | —stated, not verified | 24 | 3.67 | ECN/raw + standard | 2005 | — | |
| 30 | 4 | 20 group | 3000SA | 24 | 3.66 | ECN/raw + standard | 2020 | 5 methods | |
| 31 | 7 | — | 1000SA | 24 | 3.64 | ECN/raw + standard | 2014 | 3 methods | |
| 32 | 10 | — | 2000SA | 24 | 3.64 | ECN/raw + standard | 1988 | 3 methods · local | |
| 33 | 8 | 30 group | 3000 groupSA | 24 | 3.62 | ECN/raw + standard | 1998 | 3 methods · local | |
| 34 | 5 | 0 | 500 groupSA | — | 3.62 | Standard | 2014 | 2 methods | |
| 35 | 7 | — | 1000SA | 24 | 3.6 | ECN/raw + standard | 2009 | — | |
| 36 | 6.5 | — | 300SA | 24 | 3.6 | ECN/raw + standard | 2016 | — | |
| 37 | 7 | 100 | 500SA | 120 | 3.58 | ECN/raw + standard | 2006 | 3 methods · local | |
| 38 | 6 | 5 group | 5000SA | 72 | 3.58 | ECN/raw + standard | 2019 | 3 methods · local | |
| 39 | 6 | 0 group | 2000SA | 240 | 3.56 | ECN/raw + standard | 2010 | 1 methods · local | |
| 40 | 5.5 | — | 1000SA | 120 | 3.55 | ECN/raw + standard | 2014 | 3 methods · local | |
| 41 | 7 | 50 group | 500SA | 48 | 3.54 | ECN/raw + standard | 2010 | 3 methods · local | |
| 42 | 3.1 | — | 1000SA | 0.5 | 3.54 | ECN/raw + standard | 2006 | 1 methods | |
| 43 | — | — | 500SA | 24 | 3.5 | — | 2015 | — | |
| 44 | 16 | 100 group | 3000SA | 24 | 3.49 | ECN/raw + standard | 2011 | 3 methods | |
| 45 | 7 | 100 group | 500SA | 120 | 3.49 | ECN/raw + standard | 2009 | — | |
| 46 | 6 | — | 30SA | 72 | 3.47 | Standard | 2008 | 3 methods · local | |
| 47 | — | — | —stated, not verified | 0.5 | 3.45 | ECN/raw | 2023 | 5 methods · local | |
| 48 | 6 | 200 | 1000SA | 72 | 3.4 | ECN/raw + standard | 2020 | — | |
| 49 | — | — | 200SA | 48 | 3.37 | ECN/raw + standard | 1989 | 1 methods | |
| 50 | 8 | — | 400SA | 24 | 3.34 | ECN/raw + standard | 2017 | 2 methods | |
| 51 | — | 1 group | 5000SA | 7 | 3.28 | ECN/raw + standard | 2007 | 3 methods | |
| 52 | 5 | 5 | 2000SA | 48 | 3.27 | ECN/raw + standard | 2009 | 3 methods · local | |
| 53 | 13.6 | — | 30SA | 120 | 3.2 | ECN/raw + standard | 1974 | 2 methods · local | |
| 54 | 9 | 0 | 500SA | 72 | 3.19 | ECN/raw + standard | 2002 | 3 methods · local | |
| 55 | 18 | — | 1000SA | 24 | 3.14 | Standard | 2021 | — | |
| 56 | 18 | — | 1000SA | 240 | 3.13 | ECN/raw + standard | 2010 | 3 methods | |
| 57 | — | 0 group | 500SA | 120 | 3 | ECN/raw + standard | 2014 | 4 methods | |
| 58 | 20 | — | —stated, not verified | 120 | 2.42 | Standard | 2013 | 2 methods · local |
"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.
FxPro 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.
Identical for every row, so it is stated once: Who onboards Local · CMA · Swap-free fee none, no limit · SAR account Yes.
1. Grand Capital — highest score of the three · unregulated offshore · withdrawal in 0.25 h (score 4.14)
- Round turn
- 5 USD
- Withdrawal
- from 15 minutes
- SAR account
- Not stated
- Leverage
- 500SA
- Accepts residents
- through an offshore entity
- Onboarding entity
- Offshore entity
- Founded
- 2006
- Register
- https://finpip.com/ar/brokers/grand-capital/ · 11.10.2026
- Group leverage
- uncleargroup
- Instruments
- Forex, CFDs, crypto, stocks
- Platforms
- Funding
- Not served
- Reviews25%85
- Round-turn cost20%100
- Safety0
- Payouts15%
- Track record10%
- Platforms50
Round turn 5 USD against the slice median 6.6 USD. strongest axis round-turn cost 100 of 100. total score 4.14.
Watch forPayouts axis 58 of 100; e-wallet times not published.
2. FreshForex — offshore, not tier-1 · withdrawal in 0.166667 h (score 4.13)
- Round turn
- 6 USD
- Withdrawal
- within 10 minutes during business hours; actual receipt can take several business days
- SAR account
- USD, EUR, CNY, RUB
- Leverage
- 2000SA
- Accepts residents
- through an offshore entity
- Onboarding entity
- Riston Capital Ltd
- Founded
- 2004
- Register
- https://finpip.com/ar/brokers/freshforex/ · 11.10.2026
- Group leverage
- unclear
- Instruments
- 270+ CFDs, forex, crypto
- Platforms
- Funding
- Not served
Round turn 6 USD against the slice median 6.6 USD. strongest axis track record 100 of 100. total score 4.13.
Watch forMin deposit 200 USD, double the Saudi Arabia median of 50; withdrawal time not published.
3. Fusion Markets — cheapest priced of the three · regulated offshore and asic · withdrawal in 1 h (score 4.03)
Round turn 4.8 USD against the slice median 6.6 USD. strongest axis round-turn cost 100 of 100. total score 4.03.
Watch forOnboards Saudi residents through an offshore entity: no CMA licence, no CMA complaints route, no SAR account.
What the data shows(58 of 80 distributions · 77 brokers)
Swap-free availability (58 of 80 brokers)
Admin fee after the free period (58 of 80 swap-free)
Who onboards Saudi residents (58 of 80 brokers)
SAR account (58 of 80 brokers)
Licensed in Saudi Arabia, or not (68 of 80)
Retail leverage in Saudi Arabia (66 of 80 · median 1:500)
Full list(58 of 80)
- 1Grand Capital4.14
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 10 group
- Leverage
- 500SA
- SAR
- Yes
- 2FreshForex4.13
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 2000SA
- SAR
- Yes
- 3Fusion Markets4.03
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 4.8
- Min deposit, USD
- 0 group
- Leverage
- 500SA
- SAR
- Yes
- 4Traders Trust4.03
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 50 group
- Leverage
- 3000SA
- SAR
- Yes
- 5OctaFX4.01
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 25 group
- Leverage
- 1000SA
- SAR
- Yes
- 6AMarkets4.01
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 3000SA
- SAR
- Yes
- 7FBS4.01
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 3000SA
- SAR
- Yes
- 8FP Markets4
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 500SA
- SAR
- Yes
- 9Exness3.99
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 9
- SAR
- Yes
- 10Forex.com3.98
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100 group
- Leverage
- 400SA
- SAR
- Yes
- 11Global Prime3.97
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 500SA
- SAR
- Yes
- 12Hantec Markets3.97
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 2
- Min deposit, USD
- 10 group
- Leverage
- 500 groupSA
- SAR
- Yes
- 13BlackBull Markets3.92
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0 group
- Leverage
- 500SA
- SAR
- Yes
- 14MultiBank Group3.89
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 500SA
- SAR
- Yes
- 15LiteFinance3.88
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 50 group
- Leverage
- 500SA
- SAR
- Yes
- 16TMGM3.88
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 0 group
- Leverage
- 1000SA
- SAR
- Yes
- 17Mitrade3.88
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- SAR
- Yes
- 18Axi3.86
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 5 group
- Leverage
- 500 groupSA
- SAR
- Yes
- 19Errante3.84
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 50 group
- Leverage
- 1000SA
- SAR
- Yes
- 20GO Markets3.84
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 500 groupSA
- SAR
- Yes
- 21FIBO Group3.8
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- SAR
- Yes
- 22AvaTrade3.76
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 100 group
- Leverage
- 400SA
- SAR
- Yes
- 23Admirals3.75
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 500SA
- SAR
- Yes
- 24Blueberry Markets3.75
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- SAR
- Yes
- 25FXChoice3.74
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 1000SA
- SAR
- Yes
- 26Doo Prime3.73
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 1000SA
- SAR
- Yes
- 27ThinkMarkets3.71
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 9.2
- Leverage
- 500SA
- SAR
- Yes
- 28Vantage3.69
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 500SA
- SAR
- Yes
- 29FXOpen3.67
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 1.5
- SAR
- Yes
- 30Exinity3.66
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 4
- Min deposit, USD
- 20 group
- Leverage
- 3000SA
- SAR
- Yes
- 31Tickmill3.64
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 1000SA
- SAR
- Yes
- 32Windsor Brokers3.64
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 10
- Leverage
- 2000SA
- SAR
- Yes
- 33Alpari3.62
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 8
- Min deposit, USD
- 30 group
- Leverage
- 3000 groupSA
- SAR
- Yes
- 34Trade Nation3.62
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 0
- Leverage
- 500 groupSA
- SAR
- Yes
- 35XM3.6
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Leverage
- 1000SA
- SAR
- Yes
- 36CAPEX3.6
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6.5
- Leverage
- 300SA
- SAR
- Yes
- 37FxPro3.58
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 500SA
- SAR
- Yes
- 38FXGT3.58
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 5 group
- Leverage
- 5000SA
- SAR
- Yes
- 39HFM3.56
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0 group
- Leverage
- 2000SA
- SAR
- Yes
- 40XChief3.55
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5.5
- Leverage
- 1000SA
- SAR
- Yes
- 41Amana Capital3.54
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 50 group
- Leverage
- 500SA
- SAR
- Yes
- 42Weltrade3.54
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 3.1
- Leverage
- 1000SA
- SAR
- Yes
- 43Milton Prime3.5
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Leverage
- 500SA
- SAR
- Yes
- 44FXTM3.49
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 16
- Min deposit, USD
- 100 group
- Leverage
- 3000SA
- SAR
- Yes
- 45Eightcap3.49
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100 group
- Leverage
- 500SA
- SAR
- Yes
- 46Plus5003.47
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Leverage
- 30SA
- SAR
- Yes
- 47Headway3.45
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- SAR
- Yes
- 48Moneta Markets3.4
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 200
- Leverage
- 1000SA
- SAR
- Yes
- 49CMC Markets3.37
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Leverage
- 200SA
- SAR
- Yes
- 50ATFX3.34
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 8
- Leverage
- 400SA
- SAR
- Yes
- 51InstaForex3.28
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Min deposit, USD
- 1 group
- Leverage
- 5000SA
- SAR
- Yes
- 52RoboForex3.27
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 5
- Leverage
- 2000SA
- SAR
- Yes
- 53IG Markets3.2
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 13.6
- Leverage
- 30SA
- SAR
- Yes
- 54XTB3.19
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 0
- Leverage
- 500SA
- SAR
- Yes
- 55T4Trade3.14
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 18
- Leverage
- 1000SA
- SAR
- Yes
- 56IronFX3.13
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 18
- Leverage
- 1000SA
- SAR
- Yes
- 57Equiti3
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Min deposit, USD
- 0 group
- Leverage
- 500SA
- SAR
- Yes
- 58Fortrade2.42
- Onboards
- Local · CMA
- Swap-free
- none, no limit
- Round turn, USD
- 20
- SAR
- Yes
How to read this ranking
- 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 · 5 explainers)
FAQ
- How many brokers qualify for this ranking in Saudi Arabia?
- 58 of 80 brokers measured for this country qualify.
- Which broker leads it, and on what basis?
- Grand Capital leads it with a score of 4.14. 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.
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(58 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.