The list of the Best Forex Brokers in Saudi Arabia

Although the Saudi traders only account for a small proportion in the world, the popularity of currency trading has become increasingly popular due to the introduction of Islamic accounts offered by some leading brokers. The regulatory body of Saudi Arabia is the Capital Market Authority (CMA). However, it is not mandatory for brokers to have an CMA license for local operation. By taking into account the minimum deposit, regulation, customer service, website languages, ratings, etc, we selected TOP 10 forex broker serviced in Saudi Arabia.

Brokers

Best Forex Brokers in Saudi Arabia

FP Markets

8.7 (0 Review)

Founded: 2005

Min Deposit: 100.0 USD

Headquarters: Australia

Regulators: FSCA, Seychelles FSA, ASIC, CySEC

XM Group

8.5 (0 Review)

Founded: -

Min Deposit: 5.0 USD

Headquarters: Cyprus

Regulators: DFSA, FSCA, CySEC, Belize FSC, Seychelles FSA, Mauritius FSC, ASIC, FCA

FXTM

7.1 (0 Review)

Founded: 2011

Min Deposit: 200.0 USD

Headquarters: Mauritius

Regulators: Kenya CMA, FSCA, Mauritius FSC, FCA

easyMarkets

8.5 (0 Review)

Founded: 2001

Min Deposit: 25.0 USD

Headquarters: Cyprus

Regulators: ASIC, CySEC, Seychelles FSA, BVI FSC, FSCA, PFSA

Doo Prime

6.7 (0 Review)

Founded: 2014

Min Deposit: 100.0 USD

Headquarters: Vanuatu

Regulators: FCA, ASIC, Mauritius FSC, Seychelles FSA, Labuan FSA, VFSC

TMGM

8.9 (0 Review)

Founded: 2013

Min Deposit: 100.0 USD

Headquarters: Australia

Regulators: ASIC, Mauritius FSC, VFSC, Seychelles FSA

ActivTrades

7.5 (0 Review)

Founded: 2001

Min Deposit: -

Headquarters: United Kingdom

Regulators: Bahamas SCB, FCA, Mauritius FSC, CONSOB, CMVM

Exness

4.2 (0 Review)

Founded: 2008

Min Deposit: 1.0 USD

Headquarters: Cyprus

Regulators: CySEC, FCA, Mauritius FSC, Seychelles FSA, FSCA

OneRoyal

7.1 (0 Review)

Founded: 2006

Min Deposit: 50.0 USD

Headquarters: Australia

Regulators: SVG FSA, VFSC, ASIC, CySEC

GO Markets

8.5 (0 Review)

Founded: 2006

Min Deposit: 0.0 USD

Headquarters: Australia

Regulators: SVG FSA, Seychelles FSA, Mauritius FSC, ASIC, CySEC

Ranking

Kenya

Kenya residents are increasingly familiar with forex trading. Since Kenya’s retail investment market is notorious for financial pyramid schemes, finding a regulated forex broker is especially important. The regulatory body of Kenya is Capital Markets Authority (CMA). However, this authority didn’t issue its first license until 2018. And now three forex brokers are regulated by CMA. Many other well-regulated international brokers are also seeking opportunities in this region. By taking into account the minimum deposit, regulation, customer service, website languages, etc, we selected TOP 10 forex broker serviced in Kenya.

United Arab Emirates

Trading forex in the United Arab Emirates is popular, which attracts many forex brokers to expand their trading service to this region.The regulatory body on forex activity is the Central Bank U.A.E. (CB U.A.E.). However, forex brokers accept clients form UAE are not required to be regulated by the Central Bank. By taking into account the minimum deposit, regulation, customer service, website languages, etc, we selected TOP 10 forex broker serviced in United Arab Emirates.

South Africa

Forex trading in South Africa is gaining popularity, which is driven by the economic potential and tech-savvy young population. Many international brokers with EU or other strict regulation are offering forex trading service in this region. They’re also seeking an operation license from local regulatory body Financial Sector Conduct Authority (FSCA), in a nod to the growth potential for forex trading in this region. By taking into account the minimum deposit, regulation, customer service, website languages, etc,we select TOP 10 forex broker serviced in South Africa.

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