Best Brokers With SAR Accounts 2025
Dig into our top brokers offering Saudi riyal (SAR) accounts, based on thorough testing, designed to reduce conversion fees and optimize the experience for traders in Saudi Arabia.
-
1Founded in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage offering trading on over 1,200 instruments, including binary options. It provides various accounts (JForex, MT4/5, Binary Options) and advanced platforms (JForex, MT4/MT5) with strong tools and market data for active traders.
-
2
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.6 Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators. -
3
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.1 OKX is a reputable cryptocurrency company founded in 2017. It provides a wide array of services, including mining pools and NFTs. Traders can buy and sell over 400 crypto tokens through OTC trading and derivatives. OKX also offers a high-quality online platform, developer tools, and comprehensive charts, making it a preferred option for technical traders. -
4
Trust Platform Assets Fees Accounts Research Education Mobile Support 4.0 Founded in 1996, Swissquote is a Swiss bank and broker offering online trading with three million products, including forex, CFDs, futures, options, and bonds. Known for its reliability, Swissquote has built a strong reputation with innovative trading solutions, such as being the first bank to offer crypto trading in 2017 and recently introducing fractional shares and the Invest Easy service.
Compare Top Brokers With SAR Accounts
Broker Details Comparison
Safety Comparison
Compare how safe the Best Brokers With SAR Accounts 2025 are.
Mobile Trading Comparison
Compare the mobile trading features of the Best Brokers With SAR Accounts 2025.
Comparison for Beginners
Compare how suitable the Best Brokers With SAR Accounts 2025 are for beginners.
Comparison for Advanced Traders
Compare how suitable the Best Brokers With SAR Accounts 2025 are for advanced or professional traders.
Accounts Comparison
Compare the trading accounts offered by Best Brokers With SAR Accounts 2025.
Detailed Rating Comparison
Compare how we rated the Best Brokers With SAR Accounts 2025 in key areas.
Fee and Cost Comparison
Compare the cost of trading with the Best Brokers With SAR Accounts 2025.
Broker Popularity
See how popular the Best Brokers With SAR Accounts 2025 are in terms of number of clients.
Why Trade With Dukascopy?
If you're an experienced trader, Dukascopy offers the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the assurance of a Swiss-regulated bank and broker.
Pros
- The proprietary JForex platform is advanced, offering tools for algorithmic trading, detailed charting, and access to deep liquidity for traders.
- Dukascopy provides tight spreads starting at 0.1 pips, leverage up to 1:200 (based on jurisdiction), and volume-based commissions that benefit high-frequency traders.
- Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as a broker and a bank, providing high-level financial security and compliance with strict standards.
Cons
- Dukascopy offers educational resources and 24/7 support, but its complex platforms and tools require extensive testing and can overwhelm new traders.
- Dukascopy's withdrawal fees are higher than most competitors we've tested, especially for bank wire transfers, which may discourage traders who need frequent fund access.
- JForex offers many features, but its complexity makes it less ideal for beginner traders who might prefer simpler platforms.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Competitive spreads for USOIL and BTCUSD in 2024 start from 0 pips, with low commissions from $2 per side.
- Execution speeds now average under 25ms, providing ideal conditions for short-term traders.
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
Cons
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Retail trading services are not available in some areas, including the US, UK, and EU, making them less accessible compared to leading brokers like Interactive Brokers.
Why Trade With OKX?
OKX is a preferred choice for traders seeking new cryptocurrencies and projects for investment. Traders can benefit from its copy trading feature and automated bots.
Pros
- Active traders will experience competitive maker and taker fees, at 0.02% and 0.05% respectively.
- Competitive mining fees starting at 2% are available for crypto staking and pools.
- A large development lab is offered along with access to a marketplace of ready-made trading bots with automatic arbitrage.
Cons
- The company provides minimal regulatory supervision, a typical feature among crypto trading platforms.
- Customer support quality varied during testing.
- The broker's platform and features might be hard to understand for new traders.
Why Trade With Swissquote?
Swissquote is a great option for active traders seeking a customizable platform, like its CXFD that includes Autochartist for automated chart analysis to assist trading decisions. However, its average fees and high $1,000 minimum deposit may be less accessible for beginners.
Pros
- Swissquote caters to fast trading strategies like scalping and high-frequency trading, offering 9ms average execution speeds, a 98% fill rate, and FIX API.
- Swissquote is highly trusted for being a bank, listed on the Swiss stock exchange, and authorized by FINMA in Switzerland, FCA in the UK, and CSSF in Luxembourg.
- Swissquote offers robust platforms for trading, including MetaTrader 4/5 and its proprietary CFXD (formerly Advanced Trader). These platforms provide customizable layouts, advanced charting tools, and technical indicators, all of which performed well in testing.
Cons
- Unlike brokers like eToro, which offer social trading features, Swissquote lacks tools for community interaction or copying successful traders. This limits its appeal for those who value peer learning.
- Swissquote mainly serves professional and wealthy clients, requiring high minimum deposits like $1,000 for Standard accounts. This makes it less suitable for smaller traders, who might prefer brokers offering higher leverage and no minimum deposit.
- Analysis indicates Swissquote has relatively high fees, with forex spreads starting at 1.3 pips on Standard accounts, whereas Pepperstone and IC Markets offer 0.0 pips. Transaction fees for non-Swiss stocks and ETFs can increase costs for frequent traders.
Filters
How BrokerListings.com Chose The Best Brokers For SAR Accounts
To find the top brokers offering Saudi riyal (SAR) trading accounts, we dug into our continually updated broker database, which tracks hundreds of platforms from around the world.
We look closely at brokers that let clients deposit, withdraw, and trade with SAR as their base currency, paying extra attention to how well they cater to traders based in Saudi Arabia or holding riyal balances.
Our scoring process covers more than two hundred data points, including transaction costs, funding speed, platform stability, market variety, and the quality of regulatory oversight. On top of that, our team of experienced traders tests each shortlisted broker, so our rankings reflect how these accounts really perform.
What is a SAR Account?
A SAR account is a trading account where the base currency is set to Saudi riyal (SAR). All deposits, withdrawals, and account balances are handled in riyal, which can be ideal for traders based in Saudi Arabia or those regularly managing funds in this currency.
By using a SAR account, you avoid the constant need to convert between riyal and another currency, which can reduce costs and make account management more straightforward.
It also helps keep your performance figures in line with the currency you use day to day, making it easier to measure results without exchange rate distractions.
We’ve noticed that brokers offering SAR accounts often have services tailored to the region, including local payment solutions, Arabic-language support, and sometimes account structures that fit Middle Eastern market hours. Depending on the brokerage, these accounts can be used to trade forex, commodities, indices, and even cryptocurrencies.
Should I Use a SAR Trading Account?
If you live in Saudi Arabia or frequently work with Saudi riyal, holding a SAR trading account can make a lot of sense. Here are some of the main reasons it could work in your favor:
- Save on Unnecessary Conversions: Funding your account in SAR means you skip the added costs of switching between currencies. Over months or years, those avoided fees may have a noticeable impact on your returns.
- Keep Your Finances Straightforward: Having balances, profits, and losses all in riyal means you can see exactly where you stand without doing mental math or checking currency rates every time you trade.
- Quicker Local Transactions: Payments between your Saudi bank and a SAR-denominated account tend to be faster, as they stay within the domestic currency network – often clearing in a day or less.
- Match Your Account to Your Market: If you’re focused on the Gulf economy or instruments that move with regional trends, keeping your base currency in SAR helps keep your capital aligned with your trading environment.
- Reduce Exchange Rate Exposure: By staying in SAR, you’re less vulnerable to sudden shifts in foreign exchange rates when you fund your account or withdraw profits.
- Access Region-Friendly Broker Features: Some brokers with SAR accounts also offer Arabic-language support, Sharia-compliant account options, and local payment gateways designed for Saudi traders.
What Are the Limitations of a SAR Trading Account?
While SAR accounts work well for many traders in Saudi Arabia, they’re not the right fit for everyone. Here are some drawbacks worth considering:
- Smaller Pool of Brokers: Far fewer platforms support SAR as a base currency compared to accounts in United States dollars based on our research, which can limit your choices for spreads, tools, and features.
- Potentially Higher Trading Costs: Some brokers may set slightly wider spreads or add small fees to offset lower liquidity in SAR-based accounts, especially on less common markets.
- Limited Forex Pair Availability: SAR may not be offered as a base or quote currency on as many forex pairs, which could restrict certain currency-focused strategies.
- Restrictions with Non-Local Brokers: If your broker isn’t licensed in Saudi Arabia, you may encounter limits on leverage, payment methods, or even the range of tradable products.
- Added Costs When Trading in Major Currencies: If you trade instruments priced in United States dollars, euros, or other prominent currencies, hidden currency conversions could creep into your costs.
- Slower International Funding: Sending or receiving SAR from outside Saudi Arabia can take longer and may require additional intermediary bank processing, adding time and possible fees.
How Do I Open a SAR Account For Trading?
- Research Reputable SAR-Supporting Brokers: Start by narrowing your search to regulated brokers that offer Saudi riyal as a base currency. Compare their fee structures, platforms, payment options, and overall reputation in the Gulf market.
- Complete the Online Application: Once you’ve selected a broker, fill in the registration form with your personal details, trading background, and contact information. Most brokers we’ve used require this to meet regulatory standards.
- Verify Your Identity: Upload a valid passport or Saudi national ID, along with a recent proof of address such as a utility bill or bank statement. This step is part of standard Know Your Customer compliance.
- Choose SAR as Your Base Currency: During setup, select Saudi riyal as your account currency to ensure all balances, deposits, and withdrawals remain in SAR.
- Fund Your Account and Start Trading: Transfer funds via a local Saudi bank, debit or credit card, or an accepted regional payment method. Once cleared, you can start trading with a fully SAR-denominated balance.

Exness lists SAR as a supported account currency for each of its trading accounts apart from Standard Cent