eToro stands out among multi-asset brokers for offering genuine crypto ownership - not just CFDs - with 100+ coins, a built-in social layer, and FCA/CySEC/ASIC regulation on a single platform.
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Established AML/KYC and registration framework. Provides meaningful oversight, though with fewer investor protections than Tier 1.
Saudi Arabia's Capital Market Authority regulates the Kingdom's securities market, including broker-dealers and investment advisers. CMA-licensed brokers serving Saudi retail investors must comply with local suitability, conduct-of-business, and Shariah-compliance requirements. The CMA has progressively opened the Saudi market to international financial institutions under Vision 2030.
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Check an exchange's licence status directly on CMA's public register.
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eToro stands out among multi-asset brokers for offering genuine crypto ownership - not just CFDs - with 100+ coins, a built-in social layer, and FCA/CySEC/ASIC regulation on a single platform.
Read ReviewSaxo Bank offers cryptocurrency CFDs on Bitcoin, Ethereum, and select major tokens via SaxoTraderGO - backed by Danish banking regulation and institutional-grade custody, though the selection is narrow and CFD-only with no real coin ownership.
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Find my brokerCMA is classified as a Tier 2 crypto regulator. Established AML/KYC and registration framework. Provides meaningful oversight, though with fewer investor protections than Tier 1.
We currently list 2 crypto exchanges regulated or registered under CMA. The full list is shown above, sorted by overall rating.
CMA is based in Saudi Arabia and covers the Saudi Arabia jurisdiction. As a Tier 2 regulator, it requires AML/KYC registration and provides meaningful oversight, though investors should also verify whether the exchange holds additional licences.
Visit the official CMA website and use their public register or licence verification tool. Enter the exchange's registered name to confirm its current status. This is the most reliable way to verify regulatory standing.
CMA regulation primarily addresses licensing, AML/KYC compliance, and operational standards. Compensation for hacks depends on the exchange's own insurance fund or Proof of Reserves commitments, not typically a government-backed compensation scheme. Always choose exchanges with published cold storage ratios and Proof of Reserves attestations.