Best Forex Brokers in Saudi Arabia

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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

Axi

5.4 /10

208 Reviews

Founded: 2007

Min Deposit: 1.0 USD

Headquarters: Australia

Regulators: SVG FSA, NZ FMA, DFSA, ASIC, FCA, CySEC

ActivTrades

8.1 /10

117 Reviews

Founded: 2001

Min Deposit: -

Headquarters: United Kingdom

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

easyMarkets

8.5 /10

2 Reviews

Founded: 2001

Min Deposit: 25.0 USD

Headquarters: Cyprus

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

LMAX

6.7 /10

32 Reviews

Founded: 2010

Min Deposit: 10000.0 USD

Headquarters: United Kingdom

Regulators: FCA, CySEC

IC Markets

8.0 /10

85 Reviews

Founded: 2007

Min Deposit: 200.0 USD

Headquarters: Seychelles

Regulators: FCA, ASIC, Seychelles FSA, Bahamas SCB, CySEC

GO Markets

6.8 /10

38 Reviews

Founded: 2006

Min Deposit: 200.0 USD

Headquarters: Australia

Regulators: ASIC, Mauritius FSC, CySEC

Orbex

7.8 /10

74 Reviews

Founded: 2009

Min Deposit: 200.0 USD

Headquarters: Cyprus

Regulators: BaFin, Mauritius FSC, FCA, CySEC

EightCap

7.9 /10

83 Reviews

Founded: 2009

Min Deposit: 100.0 USD

Headquarters: Australia

Regulators: Bahamas SCB, VFSC, ASIC, FCA

EC Markets

7.0 /10

49 Reviews

Founded: 2011

Min Deposit: 10.0 USD

Headquarters: United Kingdom

Regulators: FCA, ASIC, Mauritius FSC, Seychelles FSA, NZ FMA

ACY Securities

6.2 /10

51 Reviews

Founded: 2011

Min Deposit: 50.0 USD

Headquarters: Australia

Regulators: ASIC, VFSC, SVG FSA

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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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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.