Best Day Trading Platforms and Brokers in Saudi Arabia 2026
Despite its historical reliance on petroleum, Saudi Arabia aims to diversify its economy into other industries, such as the financial and private sectors, by 2030. This economic shift offers exciting opportunities for day traders looking to speculate on various markets, from stocks listed on the Saudi Exchange to traditional Saudi investments like crude oil.
Yet to trade these, amongst other instruments, you’ll need an online broker. The Saudi Capital Market Authority regulates brokers domestically, but you can also register with overseas platforms. If you opt for this route, make sure you adhere to Saudi Central Bank regulations and local tax rules.
We’ve pinpointed the best day trading platforms in Saudi Arabia. Every broker listed accepts traders from Saudi Arabia, while some also offer SAR accounts for convenient deposits.
Top 6 Platforms for Day Trading in Saudi Arabia
Following our hands-on assessments, these 6 platforms are the standout options for Saudi day traders:
-
1
XTB69-83% of accounts lose money when trading CFDs with this provider. -
2
XM -
3
RoboForex -
4
AvaTrade -
5
Trade Nation -
6
Exness
Here is a short summary of why we think each broker belongs in this top list:
- XTB - Founded in 2002 in Poland, XTB now serves more than 1 million clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.
- XM - XM is a globally recognized forex and CFD broker with 15+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC, CySEC and DFSA and SCA in the UAE, and offers a comprehensive MetaTrader experience.
- RoboForex - RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
- AvaTrade - Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- Trade Nation - Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
Best Day Trading Platforms and Brokers in Saudi Arabia 2026 Comparison
| Broker | Minimum Deposit | Markets | Platforms | Leverage |
|---|---|---|---|---|
| XTB | $0 | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation | 1:30 (EU) 1:500 (Global) |
| XM | $5 | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | 1:1000 |
| RoboForex | $10 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | 1:2000 |
| AvaTrade | $100 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade | 1:30 (Retail) 1:400 (Pro) |
| Trade Nation | $0 | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) | TN Trader, MT4, TradingView | 1:500 (entity dependent) |
| Exness | Varies based on the payment system | CFDs on Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | 1:Unlimited |
XTB
"XTB stands out as a top choice for new day traders with the terrific xStation platform, low trading costs, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. "
Christian Harris, Reviewer
XTB Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs |
| Regulator | FCA, CySEC, KNF, DFSA, FSC |
| Platforms | xStation |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (EU) 1:500 (Global) |
| Account Currencies | USD, EUR, GBP |
Pros
- XTB has boosted its interest rate on uninvested balances and added zero-fee ISAs (On ETFs and real shares, or 0.2% with transactions over €100k) for UK clients with a huge range of markets available.
- With an excellent range of educational materials, including training videos and articles integrated into the platform, XTB supports traders at all levels.
- The xStation platform continues to impress with its user-friendly interface and intuitive features, including customizable news feeds, sentiment heatmaps, and trader calculator, reducing the learning curve for newer traders.
Cons
- Not being able to adjust the default leverage level of XTB products is frustrating, as manual adjustment can significantly mitigate trade risk, especially in forex and CFD trading.
- The research tools at XTB are good but could be great if they went beyond in-house features with access to leading third-party tools such as Autochartist, Trading Central and TipRanks.
- Trading fees are competitive with average spreads of around 1 pip on the EUR/USD but still trail the cheapest brokers like IC Markets, plus there's an inactivity fee after 12 months.
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | CySEC, DFSA, SCA, FSCA, FSA, FSC Belize, FSC Mauritius, CMA |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
- XM’s customer support has delivered over years of testing, with 24/7 assistance in 30 languages, response times of under 2 minutes and a growing Telegram channel.
- XM’s growing roster of 1,400+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
Cons
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
RoboForex
"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."
RoboForex Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures |
| Regulator | IFSC |
| Platforms | R StocksTrader, MT4, MT5, TradingView |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR |
Pros
- The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk.
- RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.
- RoboForex secured the 'Best Forex Broker 2025' title in DayTrading.com's Awards after broadening their FX offering, cutting spreads and opening up services in various countries.
Cons
- Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
- RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
- While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
AvaTrade
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- The WebTrader excelled in our hands-on tests, sporting a user-friendly interface for beginners, complete with robust charting tools like 6 chart layouts and 60+ technical indicators.
- Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
- AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded in 2025 as one of the first brokers to add CME’s Micro Grain Futures, and then later in the year went further by integrating with TradingView.
Cons
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
- Although the deposit process itself is smooth, AvaTrade still doesn’t facilitate crypto payments, a feature increasingly offered by brokers like TopFX, which caters to crypto-focused traders.
- While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
Trade Nation
"Trade Nation is a good choice for newer traders looking for a wide range of financial markets on a user-friendly platform. There is no minimum deposit, free funding options and strong education."
William Berg, Reviewer
Trade Nation Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Spread Betting, Cryptos (Bahamas Entity Only) |
| Regulator | FCA, ASIC, FSCA, SCB, FSA |
| Platforms | TN Trader, MT4, TradingView |
| Minimum Deposit | $0 |
| Minimum Trade | 0.1 Lots |
| Leverage | 1:500 (entity dependent) |
| Account Currencies | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK |
Pros
- Multiple account currencies are accepted for global traders
- Full range of investments via leveraged CFDs for long and short opportunities
- A choice of trading platforms and apps, including MT4, make the brand a good fit for savvy traders
Cons
- Fewer legal protections with offshore entity
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | Varies based on the payment system |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.
- Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests.
Cons
- Retail trading services are unavailable in certain jurisdictions, such as the US, UK and EU, limiting accessibility compared to top-tier brokers like Interactive Brokers.
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
- MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone.
Methodology
To list the best day trading platforms in Saudi Arabia, we leveraged our database of 141 brokers, removed all those not accepting Saudi traders, and sorted those left by their overall rating.
Our ratings blend 100+ data points with findings from our personal observations during testing.
- We verified that each broker accepts Saudi day traders.
- We only recommended trusted brokers.
- We ensured that each broker offers a wide range of markets.
- We prioritized brokers with competitive day trading fees.
- We favored brokers with reliable charting platforms.
- We checked each broker’s leverage and margin requirements.
- We examined each broker’s execution quality.
- We made sure that each broker offers convenient account funding.
How To Choose A Day Trading Broker In Saudi Arabia
Based on our years of experience and extensive analysis, there are several factors to consider when choosing a broker:
Choose A Trusted Broker
This should give you peace of mind when depositing Saudi riyals while helping to protect you from trading scams.
Trading scams have unfortunately risen in recent years, with Saudi investors losing over $10 billion to fake forex websites in just 5 years, as reported by Arab News.
This is why we always thoroughly check the broker’s regulatory credentials, as well as their overall reputation in the industry.
The Saudi Capital Market Authority (CMA) regulates domestic brokers, although the regulator is not as prominent as leading agencies like the FCA in the UK or the ASIC in Australia.
- AvaTrade sets the standard with its multi-regulated trading environment and long track record since 2006. The firm is licensed by several ‘Green Tier’ authorities including Cyprus’ CySEC and the ADGM/FSRA in Abu Dhabi, while offering a custom risk management tool, AvaProtect.
Choose A Broker With A Broad Range Of Markets
The best brokers offer a wide selection of asset classes, allowing day traders to explore diverse opportunities.
Saudi day traders may prefer local markets, such as currency pairs containing the Saudi riyal (SAR) or prominent stocks listed on the Saudi Exchange (Tadawul), like Aramco and SABIC.
These aren’t widely offered by many brokers, but traders can explore other notable opportunities, including key export commodities like crude oil and gasoline, as well as global stocks and currencies.
- Pepperstone offers a great range of opportunities for Saudi traders, including 90+ major, minor and exotic currency pairs, hard and soft commodities including oil, plus a superb selection of ETFs with exposure to Saudi Arabian stocks, notably the iShares MSCI Emerging Markets ETF.
Choose A Broker With Competitive Day Trading Fees
Securing low fees is important for active day traders who make frequent daily transactions.
We examine key fees like spreads and commissions during our tests, as well as non-trading costs like deposits and withdrawals, plus charges for depositing funds in Saudi riyals.
We then judge these against the broker’s complete package, assessing whether any higher costs are justified. For example, you might get access to regional stock market analysis on Middle Eastern exchanges, or access to financial updates from the Saudi Central Bank.
- Alpari is a great choice if you’re looking for low fees, with ECN spreads from 0.0 pips on popular assets like EUR/USD and crude oil. You also get access to a powerful economic calendar where you can filter events by country, including Saudi Arabia.
Choose A Broker With Reliable Charting Tools
A choice of charting platforms allows you to explore various environments for technical analysis.
Most brokers we test offer the industry-pioneering terminals, MetaTrader 4 and MetaTrader 5, which offer excellent packages of charting tools and features to suit all short-term strategies and experience levels.
That said, I find the MetaTrader interfaces quite outdated and clunky and prefer the more seamless feel of TradingView.
Additionally, the integrated stock screener is a standout feature, allowing me to filter Saudi stocks and customize metrics to my preferences.
- Exness remains a top pick for day traders of all experience levels, offering MT4, MT5 and a proprietary terminal powered by TradingView. It’s also one of the few brokers offering live accounts based in SAR for convenient local funding.
Choose A Broker With Reliable Order Execution
Fast-paced trading strategies depend on the speed and efficiency of the broker’s execution capabilities.
This will help to ensure trades are executed in optimum conditions, especially if you’re trading volatile Tadawul-listed stocks like SADAFCO, or crude oil.
We look into each broker’s order execution policies, preferably looking for speeds of less than 100 milliseconds. Where possible, we also examine latency (the measure of time delay) and slippage (the difference in price between order receipt and execution).
- IC Markets maintains its position as one of the fastest brokers in the industry, securing speeds of less than 13 milliseconds via superior connection technology. We also love using IC Insights, which lets you search and analyze stocks and cryptos with data provided by TipRanks.
Choose A Broker With Clear Leverage And Margin Requirements
If you’re day trading, you may well use leverage to maximize your potential profits. However, it’s important to understand your margin requirements upfront before you enter the trade.
Leverage allows you to increase the value of your trade while only depositing a small margin. While this can boost your potential gains, it can also cause significant losses, so risk management is crucial.
Let’s say I want to speculate on Aramco share CFDs using leverage of 1:5.If my initial margin is 950 SAR, my leveraged position would actually be worth 4,750 SAR (5 x 950 SAR).
- Deriv lets traders leverage up to 1:1000 on popular assets, though such high levels are not recommended for beginners. Instead, aspiring traders could explore the broker’s multipliers up to 30x where you cannot lose more than your initial stake.
Choose A Broker With Convenient Funding
To open a live account for day trading, you’ll need up to 250 USD (around 935 SAR), although most of the brokers we test require less than 100 USD (around 375 SAR).
It’s also advantageous to opt for a broker with locally supported payment methods, which can help reduce transfer fees and processing times. According to research by Medium, mobile payment solutions like Apple Pay are becoming increasingly prominent in Saudi Arabia.
- XM offers a very low $5 minimum deposit – ideal for those on a tighter budget. It also offers a range of convenient funding methods for Saudi traders, including Apple Pay.
FAQ
Who Regulates Day Trading Platforms In Saudi Arabia?
The Capital Market Authority regulates day trading platforms in Saudi Arabia. However, this body doesn’t actively oversee many brokers and local traders can also register with overseas firms, as long as they adhere to Saudi Central Bank regulations and tax rules from the Zakat, Tax and Customs Authority.
Which Is The Best Broker That Accepts Day Traders In Saudi Arabia?
See our list of the best day trading platforms in Saudi Arabia to find a suitable option.
Pepperstone, for example, offers ETFs with Saudi exposure alongside crude oil, whilst Exness is an excellent all-rounder with high-quality platforms and SAR accounts.
Recommended Reading
Article Sources
- Saudi Arabia Reducing Dependence on Oil - Reuters
- Saudi Exchange (Tadawul)
- Saudi Arabia Forex Trading Scam - Arab News
- Saudi Capital Market Authority
- Saudi Central Bank
- Saudi Arabian Oil Group (Aramc0) - Saudi Exchange
- Saudi Basic Industries Corporation (SABIC) - Saudi Exchange
- Saudia Dairy and Foodstuff Company (SADAFCO) - Saudi Exchange
- Mobile Wallets and Digital Payments in Saudi Arabia - Medium
- Zakat, Tax and Customs Authority
The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com