Danish-licensed bank with the deepest multi-asset coverage we cover, premium SaxoTraderGO/PRO platforms, and tiered pricing for active traders.
Read ReviewCMA
Last updated
2
Regulated Brokers
Country
Saudi ArabiaJurisdiction
Saudi Arabia
Tier
Tier 2
Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
Max Leverage
No mandated cap
This regulator does not publish a mandated retail leverage limit.
Official Website
cma.org.sa
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.
Verify on official register
Check a broker's licence status directly on CMA's public register.
CMA Regulated Forex Brokers
2 brokers
Best-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.
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Find my brokerFrequently Asked Questions
CMA is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 2 forex brokers regulated by CMA. The full list is shown above, sorted by overall trader rating.
CMA is based in Saudi Arabia and covers the Saudi Arabia jurisdiction. As a Tier 2 regulator, it provides meaningful oversight, though traders should also verify whether a broker holds an additional Tier 1 licence for added protection.
Visit the official CMA website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of CMA in Saudi Arabia. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.