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Saudi ArabiaThe brokers listed here are regulated by the Capital Market Authority (CMA), which oversees securities and broker activity in Saudi Arabia as a Tier 2 regulator. CMA authorisation requires firms to comply with strict rules for financial reporting, internal controls, and client fund segregation. The CMA primarily supervises stock and securities trading within the Saudi market. Brokers under CMA supervision focus on serving residents and investors interested in access to local equities and financial instruments.
Verify on official register
Check a broker’s licence status directly on the CMA register.
Saxo Bank offers institutional-grade market access in a polished web platform, making it a strong choice for sophisticated investors who want access to global stock markets, options, and bonds in a single account.
eToro's zero-commission real stocks and fractional share product make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
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.
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