Saxo Bank offers institutional-grade market access in a polished web platform, making it ideal for sophisticated investors who want access to global stock markets, options, and bonds in a single account.
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Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
This regulator does not publish a mandated retail leverage limit.
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 Stock Brokers
2 brokers
eToro's zero-commission real stocks and fractional share offering make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
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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 stock 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 investors 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.