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Best Forex Trading App in Saudi Arabia for 2026

Updated: February 21, 2025

Written by:

Mikhail Vnuchkov

Reviewed by:

Olga Shendetskaya

Fact-checked by:

Mirjan Hipolito

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	XM	Fusion Markets	Markets4you	Deriv	FXT
Trading platform	MT4, MT5, Mobile Trading, XM App	MT4, MT5, TradingView, WebTrader, cTrader	MT4, Mobile Trading, MT5	Deriv Trader, MetaTrader5	IRess, MT4
Min deposit	$5	$1	No	$5	$200
Leverage	From 1:1 to 1:1000	From 1:30 to 1:500	From 1:10 to 1:4000	From 1:1 to 1:30	From 1:30 to 1:500
Trust management	No	No	No	No	No
Accrual of % on the balance	No	No	No	1.00%%	No
Spread	From 0.8 points	From 0.1 points	From 0.1 points	From 0.4 points	From 0 points
Level of margin call / stop out	50% / 20%	90% / 20%	100% / 20%	100% / 50%	100% / 50%
Execution of orders	Market Execution	Market Execution	Market Execution, Instant Execution	Market Execution	Market Execution
No deposit bonus	$30	No	No	No	No
Cent accounts	No	No	Yes	No	No

1
Best Forex Apps in Saudi Arabia - XM

XM is a globally recognized broker, operating in nearly 190 countries and serving over 15 million traders. In 2025, the company marks its 15th anniversary. It provides access to more than 1,400 trading instruments, including Forex pairs, stocks, commodities, cryptocurrencies, and precious metals. Licensed by CySEC (Cyprus), FSCA (South Africa), DFSA (Dubai), FSC (Belize), FSA (Seychelles), FSC (Mauritius), CMA (Kenya) and SCA (United Arab Emirates), XM offers a secure and regulated trading environment.
The broker ensures high-speed order execution without requotes, with 99.35% of trades executed almost instantly. Leverage is up to 1:1000 in some non-EU countries, while strict European compliance applies in other regions, and spreads start from 0.8 pips.
XM runs multiple bonus programs, adapts trading conditions to each client’s country, and provides negative balance protection. Accounts are available for traders of any level and strategy, and for passive income, the broker offers a copy trading platform for investors as well as experienced traders willing to share their strategies.

👍 Advantages of trading with XM for traders in Saudi Arabia :

•Regulation in six jurisdictions;

•Accounts designed for different strategies and levels of trader experience;

•Minimum deposit of $5;

•Various bonuses, trading competitions, and an affiliate program;

•100% order execution;

•No markup on tight market spreads;

•Access to more than 1,400 instruments;

•No deposit or withdrawal fees;

•24/7 multilingual support in over 30 languages.

👎 Disadvantages of XM for traders in Saudi Arabia:

•Copy trading and stock trading accounts are not available in all countries.

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2
Best Forex Apps in Saudi Arabia - Fusion Markets

Fusion Markets is a young broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission, 385620), FSA (Financial Services Authority of Seychelles, SD096) and VFSC (Vanuatu Financial Services Commission, 40256).

👍 Advantages of trading with Fusion Markets for traders in Saudi Arabia :

•Reliable regulation;

•No non-trading fees;

•Diversity of financial instruments.

👎 Disadvantages of Fusion Markets for traders in Saudi Arabia:

•Limited educational opportunities;

•No cent accounts;

•Inability to trade with bonus funds.

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3
Best Forex Apps in Saudi Arabia - Markets4you

Forex4you (Markets4you) caters to a wide range of traders, offering different account types, including cent accounts and ECN accounts with tight spreads from 0.1 pips. The broker provides leverage of up to 1:2000, order execution speed from 0.1 sec, and access to over 150 trading instruments, including Forex pairs, indices, commodities, and stocks. Its proprietary copy trading platform, Share4you, allows traders to earn additional income by sharing their strategies or copying successful traders. Additional features like cashback, bonuses, and partnership programs further enhance the trading experience.
Markets4you doesn't accept clients from the U.S., Canada, Japan, and EU countries, but it presents a compelling option for eligible traders seeking a well-rounded trading experience.

👍 Advantages of trading with Markets4you for traders in Saudi Arabia :

•best trading conditions for novice traders;

•no trading restrictions on scalping and algorithmic trading;

•the possibility of passive income;

•the broker has an insurance for $10 million;

•there are cent accounts;

•customer support responds to customer inquiries within 8 hours 24/7.

👎 Disadvantages of Markets4you for traders in Saudi Arabia:

•Relatively high fixed fees on Pro accounts.

•Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.

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4
Best Forex Apps in Saudi Arabia - Deriv

Deriv has been operating in the financial markets since 1999 and is one of the largest online brokers in the world. All Deriv divisions are operated by the holding company Deriv.com Limited. The broker operates on an STP model with MT5 platforms and offers proprietary software for trading options called Deriv Trader. Today, traders from 190 countries around the world use Deriv's services. The company's multi-regulatory approach provides free access to its products. Its activities are regulated by MFSA (The Malta Financial Services Authority), Labuan Financial Services Authority, VFSC (Vanuatu Financial Services Commission), and BVI FSC (British Virgin Islands Financial Services Commission). Deriv specializes in leveraged trading of Forex and CFD instruments and trades in options contracts with multiples.

👍 Advantages of trading with Deriv for traders in Saudi Arabia :

•Membership in The Financial Commission.

•Investment protection of up to €20,000.

•Zero trading fees and a wide range of derivatives with floating and fixed spreads.

•The minimum amount to trade options is $5.

•Initial deposit starting from 5 units.

•Trading platforms are customized to specific markets.

•Client funds are held in segregated accounts in major banks.

•Accounts are protected with 2FA.

👎 Disadvantages of Deriv for traders in Saudi Arabia:

•The broker does not offer the MetaTrader 4 platform for beginners.

•Investment in PAMM or MAM accounts is not available.

•There is limited educational content on the company's website.

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5
Best Forex Apps in Saudi Arabia - FXT

FXT is headquartered in Sydney, Australia. It is duly authorized and supervised by one of the most trustworthy Australian regulatory bodies ASIC (ACN: 620 052 548) and Vanuatu (VFSC, 40256). FXT is a highly reliable partner in the Forex market. FXT operates from Australia due to the country’s strong financial, economic, and political foundation. Professional traders and investors from all over the world value FXT for its convenient and secure trading environment. Zero Fees: You keep 100% of your deposit and withdrawal amounts (minus any fees your bank or payment provider may charge). Speed: Deposits are instant for most methods. Withdrawals are processed within 24 hours. The company has a reputation for being remarkably efficient with payouts.

👍 Advantages of trading with FXT for traders in Saudi Arabia :

•Licenses issued by the regulatory authorities of Australia (ASIC) and Vanuatu (VFSC);

•Leverage Offered: Up to 2000:1 (Maximum) ;

•Trading on the MT4 and MT5 platforms;

•Wide selection of assets for trading;

👎 Disadvantages of FXT for traders in Saudi Arabia:

•Minimum deposit is $50;

•Minimum withdrawal amount is $50.

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Best Forex Trading App in Saudi Arabia 2026: Education for Investors

When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.

XM - Education for Investors

Education

XM Broker has a dedicated educational section that focuses on video content. Novice traders can watch video tutorials explaining the basic functions of the broker’s platforms. Webinars and seminars are also held regularly on a wide range of topics, from the fundamentals of technical and fundamental analysis to the development of trading strategies.

What is on XM’s website

What is not on XM’s website

Market reviews

Basic trading terminology

Investment strategies with indicators

Trading strategies based on sentiment

Indicator descriptions

Trading signals

Educational videos and webinars

Platform guides (MT4, MT5, XM App)

Scalping introduction

Fusion Markets - Education for Investors

Investment Education Online

There is no separate training section on the Fusion Markets website. This broker's website cannot be called informative because of its lack of training courses. Blog articles are published on average once a month, and information about trading instruments may not correspond to reality. So, for example, at the time of this writing, the site did not have conditions for trading CFDs on Share, although there is such an opportunity, as you can see from the list of available MetaTrader tools.

The most informative source of educational information from a broker is the Youtube channel.

Information provided in the Youtube channel section

Information not available at the Fusion Markets site

How to install Metatrader, how to use the terminal, basic operations

In-depth knowledge of Forex, stock markets

Basic information on the Forex market

Descriptions of trading strategies

How to use a brokerage account, basic operations

Trading psychology

How to use the services of a broker via a smartphone

How to manage risks

How to use the services of strategy providers to automatically copy trades

The broker does not have cent accounts, so the only way to consolidate the knowledge gained in practice will be training on a demo account.

Markets4you - Education for Investors

Investment Education Online

To support trading, a separate analytical section has been created on the site with tools that will be of interest not only to the novice, but also to professionals.

Information available in the "Education" section

Unavailable information on the Markets4you website

Dow Jones news

Forex terminology

Economic calendar

Technical analysis of 9 currency pairs Trading Central

Graphical toolkit Autochartist

Trading academy offers courses on basics of Forex, strategies, and technical indicators.

Video guides on working with trading platforms.

Useful articles on trading and investing.

Seminars and webinars.

Every tool listed above can be tested on a demo account.

Deriv - Education for Investors

Education

Deriv does not provide training for beginner traders to trade in the real market. The company does not offer personalized training, or conduct educational webinars and courses, and there is very little information for newcomers on its website. The Markets and Help Centre sections provide basic information about various asset classes supported by Deriv platforms.

Information available in the Education & Support section

Information not available in the Education & Support section

Basics of trading CFDs and Multipliers options

Glossary of terms related to financial markets

Functionality and key features of MT5 and Deriv Trader trading platforms

Psychology of successful trading

In-depth study of technical indicators that beginners should use for market analysis

Analysis of popular trading styles and strategies for derivatives

How to calculate transaction fees

Examples of placing orders with stop-loss and take-profit

The demo account is designed to familiarize yourself with the trading platform, learn market features, and develop and test strategies without risking real funds. It is an excellent learning tool for beginners for CFD, Forex, and options trading.

FXT - Education for Investors

Summary

In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Saudi Arabia choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Forex Trading App in Saudi Arabia 2026.

	XM	Fusion Markets	Markets4you	Deriv	FXT
Overall score	8.81	7.86	7.39	6.97	7.24
Execution of orders	9.35	7.95	8.65	9.82	5.15
Investment instruments	10	9.2	6.8	7.7	9.2
Withdrawal speed	7	10	5	5	8
Customer Support work	9.6	6.2	8.5	5.4	8.2
Variety of instruments	8.02	7.23	6.21	5.12	4.97
Trading platform	8.9	6.6	9.2	8.8	7.9
	Study Review	Study Review	Study Review	Study Review	Study Review
	Open an account Your capital is at risk.	Open an account Your capital is at risk.	Open an account Your capital is at risk.	Open an account Your capital is at risk.	Open an account Your capital is at risk.

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FAQ

Do all brokers offer mobile apps for iOS and Android?

Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.

Do I need to pay for downloading the app?

Brokers do not charge a fee for downloading their mobile app. They are provided for free.

Can a platform function less effectively in the app than in the web version?

The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.

If I remove the app from my phone and then reinstall it, will I lose the information?

No. The information is stored in the user account on the server. You will need to enter your username and password, pass two-factor authentication (if applicable) and you will have full access to your information.