Best CFD brokers in Saudi Arabia compared
The table compares the three brokers we cover on the points that matter most to Saudi residents. None of the three holds a licence from the Saudi Capital Market Authority, so the important question is which internationally regulated entity serves you.
XS, Pepperstone and Capital.com for Saudi residents
| Broker | Regulators | How Saudi residents are served | Swap-free for Saudi residents | Minimum deposit | Platforms | Trading commission |
|---|---|---|---|---|---|---|
| XS | ASIC, CySEC, FSCA, FSA Seychelles, Labuan FSA, FSC Mauritius, UAE CMA | Through one of its international entities; no Saudi licence | Swap-free option available; confirm the terms for your account | No minimum (Standard account) | MetaTrader 4, MetaTrader 5 | None on Standard; spreads from 1.1 pips on EUR/USD |
| Pepperstone | ASIC, FCA, CySEC, BaFin, DFSA, SCB, CMA Kenya | Through one of its international entities; no Saudi licence | No: Saudi Arabia is not on its eligible-country list | $10 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | None on Standard (spread-only); per-lot commission on Razor |
| Capital.com | FCA, CySEC, ASIC, UAE CMA | Through one of its international entities; no Saudi licence | Yes | $20 | Capital.com web and app, MetaTrader 4, MetaTrader 5, TradingView | None; no deposit, withdrawal or account fees |
XS
XS was established in Australia in 2010 and works through eight licensed entities, including ASIC (374409), CySEC (412/22), the FSCA in South Africa (53199), the Seychelles FSA (SD089), the Labuan FSA (MB/21/0081) and the FSC in Mauritius (GB25204786). It also holds a UAE CMA licence for arrangement and advice, which is not a retail trading licence. XS has no Saudi licence, and the entity that opens your account depends on where you live.
The Standard account has no minimum deposit and no commission, with spreads from 1.1 pips on EUR/USD. XS runs MetaTrader 4 and MetaTrader 5 only, and a swap-free account option is available. A $400 deposit with XS through our link also unlocks the Best Trading Signal signals free. Trading CFDs carries a high level of risk to your capital. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit XS
Pepperstone
Pepperstone is regulated by seven retail regulators: ASIC, the FCA, CySEC, BaFin, the DFSA (Dubai International Financial Centre, F004356), the Securities Commission of The Bahamas and the CMA in Kenya. It has no Saudi licence, so Saudi residents are served by one of its international entities.
The minimum deposit is $10, and you can trade on MetaTrader 4, MetaTrader 5, cTrader or TradingView. Pepperstone offers swap-free accounts only to residents of an eligible-country list, and Saudi Arabia is not on that list. If you need a swap-free account as a Saudi resident, look at Capital.com or XS instead. Risk warning (Pepperstone, Jul–Sep 2026): 72.9% of retail investor accounts lose money when trading CFDs with this provider under FCA and CySEC, 75.2% under BaFin, 79.6% under SCB and 75–95% under CMA. The figure depends on the licensed entity your account is opened with. Make sure you understand how CFDs work and whether you can afford the high risk of losing your money. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit Pepperstone
Capital.com
Capital.com is regulated by the FCA in the UK, CySEC in Cyprus and ASIC in Australia, and its UAE company holds a UAE Capital Market Authority Category One dealing licence (No. 20200000176). It has no Saudi licence, so Saudi residents are served by one of its international entities.
The minimum deposit is $20. Capital.com charges no trading commission and no deposit, withdrawal or account fees. Withdrawals are processed within 24 hours, although the time the money takes to arrive depends on your payment method.
You can trade on the Capital.com web platform and app, MetaTrader 4, MetaTrader 5 (with Expert Advisors) or TradingView. Swap-free (Islamic) accounts are available to residents of Saudi Arabia, as well as the UAE, Kuwait, Qatar, Bahrain and Oman. Trading CFDs carries a high level of risk to your capital. This is a paid affiliate link: we may earn a commission if you open an account. It does not change our ranking or what we publish about them. Visit Capital.com