Best Tadawul Brokers 2025
Discover the best brokers with access to the Tadawul following our rigorous hands-on testing.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Tadawul Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Tadawul Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✓ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Tadawul Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | $100 | ✓ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Tadawul Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Tadawul Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Tadawul Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Tadawul Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Tadawul Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Interactive Brokers |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- The TWS platform is designed for intermediate to advanced traders. It includes over 100 order types and a dependable real-time market data feed that rarely experiences downtime.
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
Cons
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
Filters
Understanding Trading with Tadawul Brokers
Tadawul brokers allow you to invest in the Saudi Stock Exchange, the biggest in the Middle East and North Africa and home to many major petroleum and natural gas companies. Although foreign investors face restrictions on directly owning shares of Saudi companies, online brokers provide alternative ways to participate in this market.
Let’s delve into the Tadawul market’s opening hours, its history, and how you can trade on the Saudi Stock Exchange. We’ll also highlight top brokers that offer access to the Tadawul market and provide tips for choosing a suitable platform for your investment needs.
How To Compare Tadawul Brokers
To start investing on the Saudi Stock Exchange, you’ll need to set up an account with a brokerage linked to the exchange. This applies to both cash and derivatives markets. Some brokers may focus on one market type, so make sure to verify this before choosing.
Few international brokers offer direct access to Tadawul, so check the Tadawul Member Directory for registered partners. You can also find details about brokers’ trading activities, like their trade volumes, on the official exchange website.
Consider these key factors when comparing Tadawul brokers:
- Platforms – Your choice of platform will depend on your expertise and trading style. Beginners might prefer user-friendly mobile apps, while seasoned traders may need more advanced tools, like MetaTrader 4. Look for brokers offering a range of platforms with detailed guides on using them. Some brokers, like Alawwul Invest, offer web, mobile platforms, and even phone trading.
- Accounts – Brokers may offer different accounts based on your experience and risk tolerance. Keep an eye on minimum deposit requirements for more advanced accounts, which can be high. Beginners should seek brokers providing demo accounts to practice with virtual funds safely.
- Fees – Brokers usually charge a fixed commission fee. However, watch out for additional costs such as spreads, deposit, and withdrawal fees. While low fees are appealing, ensure you still have access to essential data and resources. For instance, Emirates NBD Securities charges 0.1306% + VAT per trade and provides users with access to an intuitive platform and margin trading.
- Instruments – For retail investors outside the Gulf region, brokers are the only way to invest in Saudi stocks. Leading brokers will offer a variety of investments like ETFs, futures, and other derivatives on indices that reflect Saudi stock prices.
A Brief History of the Saudi Stock Exchange
The Saudi Stock Exchange started informal trading in 1954. It became officially regulated in 1984, and the Saudi Capital Markets Authority was established as the regulator in 2003.
Initially, only Gulf Cooperation Council (GCC) residents could own Saudi equities directly, but in 2015, Tadawul opened to Qualified Foreign Investors (QFI). In 2017, the exchange adopted Nasdaq technologies for more complex trading products.
In 2019, Saudi Aramco, the world’s largest oil producer, went public on Tadawul, marking it as the biggest IPO then. This led to foreign issuers listing on Tadawul and the exchange joining global indices. By 2020, the daily average traded volume was 316 million shares valued over 8 billion SAR, and Tadawul introduced its derivatives market.
Key Indices on the Saudi Stock Exchange
Tadawul All-Share Index (TASI)
TASI includes almost all companies on the exchange, serving as an overall market performance indicator. It has 21 subindices like Energy, Transportation, and Materials. TASI excludes shares owned by government officials, company boards, and restricted shares.
MSCI Tadawul 30 Index (MT30)
Introduced in 2019, MT30 benchmarks the largest and most liquid companies on the exchange. It’s a basis for derivative and exchange-traded products.
Who Can Trade on the Saudi Stock Exchange?
The exchange has specific rules on who can trade. Nationals and residents with a Saudi bank account from GCC countries like Saudi Arabia, Bahrain, and others can trade directly. These investors can also engage in derivatives, bonds, and ETFs.
Foreigners from outside the GCC need brokers to access the market. Qualified foreign institutions with at least $500 million in assets can apply for QFI status to trade on Tadawul, albeit with ownership limits.
Investors on Tadawul fall into three groups:
- Institutions: Includes corporations and account managers.
- Tier 1 Individuals: Those with large portfolios or professional trading experience.
- Tier 2 Individuals: All other traders.
Products Available on the Saudi Stock Exchange
- Stocks: Trade stocks of companies listed on the exchange. There’s a cap on foreign ownership.
- Exchange-Traded Funds (ETFs): These investment funds follow specific indices and are tradeable on stock exchanges. Foreign investors can trade ETFs tracking the MT30 Index without restrictions.
- Negotiated Trades: Buy/sell agreements between two parties, with volume and price thresholds in place.
- Derivatives: The exchange now offers futures tracking the MT30 Index. Different margin requirements apply based on investor type.
Tadawul Trading Hours
The market is open from 10:00 to 15:00 AST, Sunday to Thursday, with special sessions before and after. The hours are consistent during Ramadan. Noteworthy closures occur on Saudi National Day and other public holidays like Eid.
Trading as a Foreign Individual
If you can’t directly trade on the Saudi Stock Exchange, you can still engage through brokers offering related indices. Indices like the MSCI Saudi Arabia IMI 25/50 can be traded on global platforms. Similarly, on EUREX, you can trade futures related to the Saudi market.
Conclusion on Tadawul Brokers
For GCC residents, Tadawul opens up significant investment prospects, with names like Saudi Aramco boosting the exchange’s prominence. Non-GCC nationals can explore the market through online brokers and should watch for ongoing developments like new indices or derivatives. Consider our list of top Tadawul brokers to start your investment journey.
FAQs
What Is Tadawul?
Tadawul, the Saudi Stock Exchange, is one of the largest exchanges globally, featuring major petroleum and gas companies.
What Stocks Can Be Traded on Tadawul?
It includes large global petroleum companies like Saudi Aramco. Good brokers will offer vital financial information and updates on these companies.
Who Can Trade on Tadawul?
Residents of GCC countries with a Saudi bank account can trade. Qualified foreign institutions meeting specific program criteria can also trade but with restrictions on ownership.
Can I Trade Derivatives via Tadawul Brokers?
Yes, Tadawul recently launched a derivatives market, offering an index future that tracks the MT30 Index, free from ownership limits for foreign investors.
What Are Tadawul Trading Hours?
Trading runs from 10:00 to 15:00 AST, Sunday to Thursday, with additional sessions before and after. The hours remain unchanged during Ramadan. Important dates and closures can be checked on broker sites.
Can I Trade on Tadawul from the US?
US investors can access Tadawul through brokers but can’t trade directly. They can invest in ETFs, futures, and derivatives tracking Saudi shares.