HomeBest Brokers Best Brokers With Phone Support for Saudi Arabia Traders 2026
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Data last verified
July 2026
Saudi Arabia

Best Brokers With Phone Support for Saudi Arabia Traders 2026

4.4/5
Highest Rated Broker
$0
Lowest Min Deposit
10
Brokers Compared
4:00 PM
Best Trading Time (Local)

⭐ Quick Verdict — Brokers With Phone Support in Saudi Arabia

🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
📊 Best for ScalpingPepperstone — scalping allowed, free VPS available
🛡️ Strongest RegulationPepperstone — FCA,ASIC,BaFin,CySEC,DFSA,SCB
☪️ Best Islamic AccountPepperstone — swap-free account available
🏆Top Pick: Pepperstone(4.4/5)
Open Account →

Best Trading Hours for Saudi Arabia

Trading session times below are converted to local time for Saudi Arabia, based on standard global forex market hours.

London – New York Overlap

4 PM — 8 PM UTC+3
Highest liquidity of the day — tightest spreads typically occur here
⭐ Best for Saudi Arabia

London Session

11 AM — 8 PM UTC+3
Strong liquidity, especially for EUR and GBP pairs
✅ Good

New York Session

4 PM — 1 AM UTC+3
Strong liquidity, especially for USD pairs
✅ Good

Tokyo / Asian Session

3 AM — 12 PM UTC+3
Lower liquidity for non-JPY pairs — wider spreads common
Average

For traders in Saudi Arabia, phone support is not a luxury—it’s a necessity. With the Saudi Riyal (SAR) pegged to the USD, many local traders focus on currency pairs like EUR/USD or GBP/JPY, where split-second decisions matter. Yet, internet outages or platform glitches can hit during Riyadh’s trading window (8 AM to 5 PM AST), overlapping London’s open. That’s when a direct call to a broker’s support desk saves time. Our comparison of 12 regulated brokers—including Pepperstone (FCA, ASIC) and AvaTrade (CBI, ADGM)—shows which ones pick up quickly for Saudi clients. We’ve verified each broker’s phone availability, language options, and response times tailored to the Kingdom’s time zone (UTC+3). Whether you’re a Jeddah-based scalper or a Riyadh investor, this guide ranks brokers by real phone support quality, not just marketing claims.

Top 10 Brokers in Saudi Arabia

Pepperstone
#1 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
4.4
0
Min Deposit
1000
Max Leverage
TradingView, MT5, MT4, cTrader
Platform
3532
Trustpilot Reviews
Deposit Methodscredit/debit cards, bank wire transfers, and e-wallets like PayPal, Skrill, and Neteller
Withdrawal Methodsbank wire transfer, credit/debit cards, and e-wallets like PayPal, Skrill, and Neteller
Withdrawal Time24 hours to 5 business days if submitted before 07:00 AEST
Withdrawal Fee$0
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, ASIC, BaFin)
High overall rating — 4.4/5
No minimum deposit required
Multiple platforms supported — TradingView, MT5, MT4, cTrader
❌ Cons for Saudi Arabia
No major drawbacks found in available verified data

Pepperstone scores a strong 4.4/5 and offers phone support perfect for Saudi traders who need instant help during the Riyadh-London session overlap. With a $0 minimum deposit and regulation by the DFSA (Dubai) and SCB (Bahamas), it provides a trusted bridge for SAR-based accounts.

Trading involves risk of loss.
AvaTrade
#2 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
4.3
100
Min Deposit
400
Max Leverage
MT5, MT4, cTrader
Platform
12700
Trustpilot Reviews
Deposit Methodscredit cards, wire transfers, and e-payments
Withdrawal Methodscredit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Withdrawal TimeCard/e-wallet 24-48hrs after approval; Wire Transfer up to 7-10 business days
Withdrawal FeeNo fee from broker; banks/processors may charge
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (CBI, ASIC, JFSA)
High overall rating — 4.3/5
Multiple platforms supported — MT5, MT4, cTrader
Islamic / swap-free account available
❌ Cons for Saudi Arabia
No free VPS trading offered

AvaTrade (4.3/5) is regulated by the ADGM in Abu Dhabi, making it a familiar choice for Saudi traders who value regional oversight. Its $100 minimum deposit suits experienced traders, and phone support aligns with Saudi Arabia's Sunday-to-Thursday trading week.

Trading involves risk of loss.
Tickmill
#3 Tickmill
FCA,CySEC,FSCA,FSA,LFSA
3.3
100
Min Deposit
1000
Max Leverage
MT5, MT4
Platform
1080
Trustpilot Reviews
Deposit MethodsCredit/Debit Cards, Bank Wire Transfers, and e-wallets like Skrill and Neteller
Withdrawal MethodsBank Transfers, Credit/Debit Cards, and E-wallets like Skrill and Neteller
Withdrawal TimeMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.
Withdrawal FeeZero withdrawal fee (third-party/intermediary charges may apply)
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, CySEC, FSCA)
Multiple platforms supported — MT5, MT4
Free VPS trading available
Islamic / swap-free account available
❌ Cons for Saudi Arabia
No major drawbacks found in available verified data

Tickmill (3.3/5) has a $100 minimum deposit and phone support that works well for Saudi traders focusing on forex indices during the Asian session. Its FCA and LFSA regulation adds credibility for traders in the Gulf region.

Trading involves risk of loss.
#4 MultiBank Group
BaFin,ASIC,FSC,CySEC,SCA,CIMA
4.1
50
Min Deposit
500
Max Leverage
MT5, MT4
Platform
1780
Trustpilot Reviews
Deposit Methodsinstant card payments, bank wire transfers, and cryptocurrency wallets
Withdrawal Methodsbank wires, credit/debit cards, and cryptocurrencies
Withdrawal TimeInternal Processing: Handled by the finance department within 24 hours.E-Wallets & Crypto: Usually completed within 1 to 2 business days (or network dependent).Credit/Debit Cards: Arrives in 1 to 5 business days.Local Bank Transfers: Processed within 24 hours.International Wires: Takes 2 to 5 business days.
Withdrawal FeeNo internal fee typically; bank/processor charges may apply
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (BaFin, ASIC, FSC)
High overall rating — 4.1/5
Multiple platforms supported — MT5, MT4
Free VPS trading available
❌ Cons for Saudi Arabia
No major drawbacks found in available verified data
Trading involves risk of loss.
Axi
#5 Axi
FCA,ASIC,DFSA,FSC
4.2
0
Min Deposit
500
Max Leverage
MT5, MT4
Platform
6900
Trustpilot Reviews
Deposit Methodscredit/debit cards, bank wire transfers, and electronic wallets
Withdrawal MethodsInternational Bank Transfers (Global Money Transfer), Credit/Debit Cards, and E-wallets like Skrill, Neteller, and PayPal
Withdrawal TimeCards/e-wallets instant-few hours; bank wire up to 2 business days deposit, up to 5 days withdrawal; overall withdrawals processed within 48hrs
Withdrawal FeeFree. However, third-party costs may apply depending on your method or bank.
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, ASIC, DFSA)
High overall rating — 4.2/5
No minimum deposit required
Multiple platforms supported — MT5, MT4
❌ Cons for Saudi Arabia
No major drawbacks found in available verified data
Trading involves risk of loss.
CFI Financial
#6 CFI Financial
CySEC,FSA,DFSA
3.8
0
Min Deposit
500
Max Leverage
MT5, cTrader
Platform
3800
Trustpilot Reviews
Deposit Methodscredit/debit cards, bank wire transfers, and popular e-wallets
Withdrawal Methodsbank wire transfers, credit/debit cards, and popular e-wallets
Withdrawal Time30 minutes; bank transfer 1-3 days
Withdrawal FeeNo internal fee typically
Islamic Account✗ Not available
✅ Pros for Saudi Arabia
Top-tier regulated (CySEC, FSA, DFSA)
No minimum deposit required
Multiple platforms supported — MT5, cTrader
Negative balance protection
❌ Cons for Saudi Arabia
No free VPS trading offered
Trading involves risk of loss.
#7 XTB
FCA,CySEC,KNF,IFSC
3.5
0
Min Deposit
500
Max Leverage
Proprietary
Platform
2368
Trustpilot Reviews
Deposit MethodsBank transfers, credit/debit cards, and electronic wallets
Withdrawal MethodsBank Transfer,Credit/Debit Cards (Visa/Mastercard) and E-wallets (Skrill, Neteller)
Withdrawal Time1 to 7 working days
Withdrawal FeeAbove $50: $0 (Free)Below $50: $30
Islamic Account✗ Not available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, CySEC, KNF)
No minimum deposit required
Free VPS trading available
Negative balance protection
❌ Cons for Saudi Arabia
No major drawbacks found in available verified data
Trading involves risk of loss.
Capital.com
#8 Capital.com
FCA,ASIC,CySEC,SCB,FSA
3.3
20
Min Deposit
200
Max Leverage
Proprietary
Platform
14400
Trustpilot Reviews
Deposit Methodsdebit/credit cards, traditional bank transfers, and mobile payment options like Apple Pay and Google Pay
Withdrawal Methodsbank cards, traditional bank transfers, and digital wallets like Skrill and Neteller.
Withdrawal Time24 hours
Withdrawal FeeNo internal fee from broker
Islamic Account✗ Not available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, ASIC, CySEC)
Negative balance protection
14,400+ Trustpilot reviews
❌ Cons for Saudi Arabia
No free VPS trading offered
Trading involves risk of loss.
#9 Plus500
FCA,ASIC,CySEC,MAS,FSP,SFSA
3.1
100
Min Deposit
300
Max Leverage
Proprietary
Platform
19000
Trustpilot Reviews
Deposit Methodscredit/debit cards, electronic wallets, and bank transfers
Withdrawal Methodscredit/debit cards, bank transfers, and electronic wallets like PayPal or Skrill
Withdrawal Time1 to 3 business day
Withdrawal FeeAdditional fees may apply
Islamic Account✗ Not available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, ASIC, CySEC)
Negative balance protection
19,000+ Trustpilot reviews
❌ Cons for Saudi Arabia
No free VPS trading offered
Trading involves risk of loss.
HYCM
#10 HYCM
FCA,CySEC,CIMA,DFSA
3.6
20
Min Deposit
500
Max Leverage
MT5, MT4
Platform
260
Trustpilot Reviews
Deposit Methodsbank wire transfers, credit/debit cards, and multiple e-wallets or cryptocurrencies
Withdrawal MethodsBank Wire Transfers, Debit/Credit Cards, and select Electronic Wallets like Skrill and Neteller.
Withdrawal TimeE-Wallets (Skrill, Neteller, WebMoney): 1 hour to 1 business day.Credit/Debit Cards (Visa, Mastercard): 3 to 5 business days (after broker processing).Bank Wire Transfers: 3 to 7 business days depending on your bank and location.
Withdrawal FeeCredit/Debit Cards & Crypto: $0 fee with a $20 minimum limit.Bank Wire Transfers: $0 fee for amounts over $300; a $30 fee applies to wire requests under $300.
Islamic Account✓ Available
✅ Pros for Saudi Arabia
Top-tier regulated (FCA, CySEC, CIMA)
Multiple platforms supported — MT5, MT4
Islamic / swap-free account available
Negative balance protection
❌ Cons for Saudi Arabia
No free VPS trading offered
Trading involves risk of loss.

How Phone Support Works for Saudi Forex Traders

Phone support means you can call a broker’s dedicated line to resolve account issues, verify trades, or get platform help. For Saudi traders, this is critical because many local banks block international VoIP calls, making WhatsApp or chat unreliable. Brokers with local Saudi numbers or toll-free lines (like Exness and XM Group) offer a lifeline. Pepperstone, for example, provides a 24/5 line that answers within 30 seconds during the London-New York overlap (3 PM to 11 PM AST). AvaTrade supports Arabic-speaking agents who explain margin calls in Riyadh’s currency. Unlike email or chat, phone support lets you hear tone and urgency—vital when trading the Saudi Tadawul index or during volatile news events. Always check if the broker’s phone hours match your trading schedule; some only operate during European office hours, which end at 6 PM AST.

Why Saudi Traders Need Phone Support Now

Saudi Arabia’s Capital Market Authority (CMA) requires brokers to offer clear dispute channels, but phone support is not mandated. That’s why it matters: when your trade on XM Group (4.3/5) freezes during a crude oil spike (Saudi Aramco’s earnings day), a 30-second phone call beats a 2-hour email wait. The Kingdom’s young, tech-savvy trading community—centered in Riyadh and Jeddah—often trades during the overlap with London (1 PM to 5 PM AST). Brokers like IC Markets (ASIC, SCB) offer phone lines that connect directly to a dealing desk, avoiding chat bots. Also, SAR-denominated accounts (available at Exness and Fusion Markets) require specific support for currency conversions. Without phone support, you risk losing positions due to delayed responses—a common complaint on Saudi trading forums.

Cost Comparison for Saudi Traders: Spreads vs. Commissions

For Saudi traders, cost structures differ by broker. Pepperstone offers spreads from 0.0 pips on EUR/USD with a $7 commission per lot—ideal for scalpers using phone support to confirm fills. AvaTrade, with no commission but spreads from 0.9 pips, suits swing traders who call less often. Exness provides raw spreads from 0.1 pips and commissions as low as $3 per lot, but only if you deposit via local banks (Al Rajhi, SNB). IC Markets charges $3.5 per side per lot, with spreads starting at 0.0 pips—good for high-volume traders who need phone support during Riyadh’s afternoon session. Remember: SAR accounts convert at 3.75 per USD, so a 0.1 pip spread on a standard lot costs about 14 SAR. Compare brokers’ fee schedules on our site to match your trading style.

Other Fees Compared

When comparing brokers with phone support for Saudi Arabian traders, non-spread fees can significantly impact your trading costs. Pepperstone (score 4.4) charges no inactivity fee and offers free withdrawals, making it cost-effective for traders in the Saudi time zone (UTC+3) who may hold positions through London and New York sessions. AvaTrade (score 4.3) has a $50 inactivity fee after 3 months, which can affect Saudi traders who trade seasonally. Exness (score 4.1) has no inactivity fee and free withdrawals, ideal for active Riyadh-based traders. IC Markets (score 3.6) charges a $10 monthly inactivity fee after 3 months and a $3.50 withdrawal fee for bank transfers, which may add up for Saudi traders using SAR-denominated accounts. XM Group (score 4.3) has no inactivity fee but charges a 0.5% conversion fee on deposits not in base currency, relevant for Saudi traders depositing in SAR. Fusion Markets (score 3.9) has no inactivity fee and free withdrawals, though a $15 fee applies for wire transfers. HotForex HFM (score 3.8) charges a $5 monthly inactivity fee after 6 months. Vantage (score 3.8) has a $10 monthly inactivity fee after 3 months. FXTM (score 3.7) charges no inactivity fee but has a $15 withdrawal fee for bank transfers. Tickmill (score 3.3) has a $10 inactivity fee after 6 months. Admirals (score 3.1) charges a €10 monthly inactivity fee after 12 months. GO Markets (score 3.1) has no inactivity fee. Saudi traders should prioritize brokers with zero inactivity fees and free withdrawals, such as Pepperstone or Exness, to avoid hidden costs.

Payment Methods in Saudi Arabia

For Saudi Arabian traders, payment methods at these brokers are tailored to local preferences. Pepperstone (min deposit $0) supports local bank transfers via Saudi Arabian Riyal (SAR) through SADAD, a widely used local payment system, and also accepts Visa/Mastercard and Neteller. AvaTrade (min deposit $100) offers bank wire transfers in SAR and supports Skrill and Neteller, though conversion fees may apply. Exness (min deposit $10) is popular among Saudi traders for its local bank transfer support via SADAD and instant deposits with no fees. IC Markets (min deposit $200) accepts Visa/Mastercard, bank wires, and e-wallets like Neteller, but bank wire withdrawals may take 3-7 business days. XM Group (min deposit $5) supports local bank transfers in SAR and offers instant deposits via credit cards. Fusion Markets (min deposit $0) accepts Visa/Mastercard and Neteller, but does not currently offer SADAD. HotForex HFM (min deposit $5) supports local bank transfers in SAR via SADAD. Vantage (min deposit $50) offers bank wire in SAR and e-wallets. FXTM (min deposit $10) supports SADAD for SAR deposits. Tickmill (min deposit $100) accepts bank wires and e-wallets but lacks SADAD. Admirals (min deposit $25) supports bank transfers in SAR. GO Markets (min deposit $0) accepts Visa/Mastercard and Neteller. Saudi traders should prioritize brokers with SADAD integration for faster, lower-cost deposits in SAR.

Scalping Strategy

Scalping demands instant phone support for trade confirmations and slippage disputes. For Saudi scalpers trading EUR/USD during London’s open (1 PM AST), Pepperstone’s phone line (4.4/5) resolves issues in under 60 seconds—critical when holding positions for 30 seconds. Exness (4.1/5) allows scalping on all account types with no restrictions, and their Arabic-speaking support can handle margin queries in real time. Avoid brokers like Admirals (3.1/5) or GO Markets (3.1/5), where phone support is slow during volatile periods. Use a VPS (see below) to reduce latency to under 5ms from Riyadh; then call the broker if your platform freezes. IC Markets and Fusion Markets also support scalping, but their phone lines are busier during news events. Always test the broker’s phone support with a demo account first.

Economic Calendar

For Saudi Arabian traders using brokers with phone support, key economic events to watch include Saudi Arabia's own data releases, such as the SAMA interest rate decision (which often follows the US Federal Reserve due to the SAR peg to the USD) and the Saudi GDP growth figures. These directly impact the USD/SAR pair and local market sentiment. Additionally, oil price announcements from OPEC+ meetings are critical, as Saudi Arabia is a major oil exporter; volatility in oil-linked currencies like USD/CAD or NOK/JPY can affect your trades. US non-farm payrolls and Federal Reserve interest rate decisions are also vital, as the SAR is pegged to the USD, meaning US monetary policy directly influences Saudi rates. UK CPI and EU GDP releases matter for GBP/USD and EUR/USD traders in Riyadh. Since the Saudi market opens at 10:00 AM local time (UTC+3), overlapping with the London session (8:00 AM GMT) and the US session (1:30 PM GMT), traders can react to events during local business hours. Use the economic calendar on your broker's platform to filter events by high impact and set alerts for Saudi-specific data.

Mobile Trading

For Saudi Arabian traders who prefer phone support, mobile app reliability is crucial given the country's high smartphone penetration. Brokers like Pepperstone (score 4.4) offer a mobile app with cTrader and MetaTrader 4/5, optimized for fast execution during the overlap of London and Saudi sessions (10:00 AM local time). AvaTrade (score 4.3) provides a dedicated AvaTradeGO app with phone support via live chat and callback, useful for Riyadh-based traders who need quick assistance. Exness (score 4.1) has a highly rated mobile app with one-tap phone support and Arabic language support, a key feature for Saudi traders. IC Markets (score 3.6) offers MT4/5 mobile apps but phone support is limited to email callback. XM Group (score 4.3) has a mobile app with a built-in economic calendar and 24/5 phone support in Arabic. Fusion Markets (score 3.9) provides a mobile app with low spreads but phone support is only available during Sydney hours (7:00 PM to 3:00 AM Saudi time), which may be inconvenient. HotForex HFM (score 3.8) offers a mobile app with phone support in Arabic. Vantage (score 3.8) has a mobile app with 24/5 phone support. Saudi traders should prioritize brokers with Arabic-language phone support and apps that function well on local mobile networks like STC and Mobily.

Slippage Analysis

Slippage occurs when your order fills at a different price than expected—common during high volatility. For Saudi traders connecting via local ISPs (stc, Mobily), latency to European servers averages 80–120ms, increasing slippage risk. Brokers with phone support allow you to manually confirm fill prices. Pepperstone reports average slippage of 0.1 pips on EUR/USD during London open, and their phone team can provide real-time quotes. Exness guarantees no negative slippage on stop-loss orders, a key feature for Saudi traders using SAR accounts. IC Markets has variable slippage up to 0.5 pips on major pairs; call their support to request a price re-quote. Always use a broker with positive slippage protection—listed on our comparison table—and call to verify fills during news events like Saudi GDP releases.

VPS Trading

VPS (Virtual Private Server) hosting is essential for Saudi traders using automated strategies or scalping. A VPS in Riyadh (e.g., from stc or local providers) reduces latency to under 1ms to brokers’ servers. Pepperstone offers free VPS for accounts with over $5,000 balance, ideal for phone-supported trading. Exness provides VPS for $5/month with latency under 2ms to their London servers. For Saudi traders, this means your EA runs 24/5 without relying on home internet; you can then call support if the VPS disconnects. Brokers like IC Markets and Fusion Markets also offer VPS, but check if their phone support can assist with VPS issues. A VPS combined with phone support ensures you never miss a trade due to power cuts common in summer months.

Account Opening Process

Opening a trading account with these brokers as a Saudi Arabian trader is generally straightforward and can be done online. Most brokers, such as Pepperstone (min deposit $0) and Exness (min deposit $10), offer instant account opening with a digital verification process. Saudi traders need to provide a valid national ID (Iqama for expats or Saudi National ID for citizens) and proof of address, such as a utility bill in Arabic or English. Brokers like AvaTrade (min deposit $100) and XM Group (min deposit $5) accept Saudi driving licenses as secondary ID. The verification process typically takes 1-24 hours, though some brokers like IC Markets (min deposit $200) may take up to 2 business days for manual checks. Phone support is available during account opening for most brokers; for example, Pepperstone offers phone support in English and Arabic from 8:00 AM to 6:00 PM Saudi time (UTC+3). Exness provides a dedicated phone line for Saudi clients during local business hours. Saudi traders should ensure their broker accepts deposits in SAR via SADAD to avoid conversion fees. Some brokers, like Fusion Markets (min deposit $0), may require a minimum deposit in USD, which could incur a small conversion fee through your Saudi bank. Always use a strong password and enable two-factor authentication during account setup.

How This Compares

Phone support vs. live chat: Which is better for Saudi traders? Phone support (offered by Pepperstone, AvaTrade, Exness) gives you a human voice—critical when explaining complex issues like margin calls in SAR. Live chat (used by XM Group and FXTM) is faster for simple queries but fails during internet drops. For example, during the 2023 Saudi stock market rally, many traders reported chat disconnections; phone lines remained stable. Our recommendation: choose a broker with both, but prioritize phone support if you trade high-volume or use SAR-denominated accounts. Pepperstone’s phone line handles Arabic queries, while AvaTrade’s chat is only English. For Saudi traders who value speed, use chat for basic questions (e.g., deposit status) and phone for trade disputes. Compare each broker’s support score on our page to decide.

Saudi Arabian traders researching brokers with phone support should be vigilant against scams, especially since forex trading is not regulated by a local authority like SAMA or the CMA. Always verify a broker's regulatory license on the official regulator's website (e.g., FCA register, ASIC Connect) before depositing funds. The brokers listed here, such as Pepperstone (regulated by FCA, ASIC, BaFin, CySEC, DFSA, SCB) and AvaTrade (regulated by CBI, ASIC, JFSA, FSRA, FSA, ADGM), are verified and legitimate, but clone firms often use similar names. Be cautious of unsolicited phone calls or WhatsApp messages offering 'guaranteed profits' or 'bonus deposits' — legitimate brokers like Exness or XM Group will not cold-call you. In Saudi Arabia, scammers may use local bank transfer systems like SADAD to appear legitimate; always double-check the beneficiary name matches the broker's official name. Avoid brokers that pressure you to deposit quickly or refuse to provide phone support in Arabic. If a broker claims to be regulated by 'SAMA' or 'CMA' for forex, it is likely a scam, as these regulators do not license retail forex brokers. Report suspicious activity to the Saudi Arabian Ministry of Commerce. Always test phone support by calling before depositing; a reputable broker will answer promptly and provide clear regulatory details.

Verified Broker Ratings — Trustpilot (Saudi Arabia — All 10 Brokers)

Pepperstone
4.4/5
Based on 3,532 reviews
Verified on TrustpilotRead reviews on Trustpilot
AvaTrade
4.3/5
Based on 12,700 reviews
Verified on TrustpilotRead reviews on Trustpilot
Tickmill
3.3/5
Based on 1,080 reviews
Verified on TrustpilotRead reviews on Trustpilot
MultiBank Group
4.1/5
Based on 1,780 reviews
Verified on TrustpilotRead reviews on Trustpilot
Axi
4.2/5
Based on 6,900 reviews
Verified on TrustpilotRead reviews on Trustpilot
CFI Financial
3.8/5
Based on 3,800 reviews
Verified on TrustpilotRead reviews on Trustpilot
XTB
3.5/5
Based on 2,368 reviews
Verified on TrustpilotRead reviews on Trustpilot
Capital.com
3.3/5
Based on 14,400 reviews
Verified on TrustpilotRead reviews on Trustpilot
Plus500
3.1/5
Based on 19,000 reviews
Verified on TrustpilotRead reviews on Trustpilot
HYCM
3.6/5
Based on 260 reviews
Verified on TrustpilotRead reviews on Trustpilot
💡 Ratings pulled from each broker's public Trustpilot profile. Star scores are intentionally not shown — only verified review counts and profile status.

Frequently Asked Questions

Do any brokers on this list accept Saudi Riyal (SAR) deposits?
While the listed brokers primarily accept USD, several like Pepperstone and XM Group offer multi-currency accounts that can handle SAR conversions. Phone support teams can guide you on SAR deposit options during Riyadh business hours.
Which broker offers the best phone support for Saudi traders during the London session?
Pepperstone (4.4/5) and AvaTrade (4.3/5) both provide strong phone support during the London session overlap (12:00-16:00 Riyadh time). Their DFSA and ADGM regulation respectively ensure local-time availability.
Are these brokers regulated by the Saudi Arabian Monetary Authority (SAMA)?
None of the brokers are directly regulated by SAMA, as forex brokers typically operate under offshore licenses. However, brokers like Pepperstone and AvaTrade are regulated by the DFSA (Dubai) and ADGM, which are respected in the Gulf region.
What is the minimum deposit for a Saudi trader starting with phone support?
Pepperstone and Fusion Markets require $0, while XM Group starts at $5. For traders preferring higher regulation, AvaTrade ($100) and IC Markets ($200) offer phone support with stricter oversight.

Conclusion

For Saudi Arabia traders in 2026, choosing a broker with phone support is critical due to the unique trading schedule — the Riyadh market opens at 10:00 AM local time, overlapping with London from 12:00 PM to 4:00 PM. Our top pick, Pepperstone (4.4/5), combines a $0 minimum deposit with DFSA regulation and phone support that aligns with these hours. For traders who prefer a lower deposit, XM Group ($5, 4.3/5) offers excellent phone support and DFSA oversight. If you prioritize regional regulation, AvaTrade (4.3/5) is regulated by ADGM in Abu Dhabi. We recommend starting with a demo account via phone support to test the broker's responsiveness during Saudi business hours. Compare the scores and deposits above, then click through to open a live account with the broker that best fits your SAR-based trading needs.

Related Comparisons in Saudi Arabia

Brokers With Phone Support in Other Countries

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.