Many traders in Saudi Arabia use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Paper Trading App in Saudi Arabia for 2026, based on our assessments.
eToro is an international broker for trading and investing in assets, copying trades of experienced market players and earning income on offering your own successful strategy. The activities of eToro are controlled by European financial regulators: CySEC and FCA. The broker offers its clients the opportunity to trade indices with a maximum leverage of 1:20 and ETF instruments with a leverage of 1:5. Size of leverage in eToro can also vary depending on the regulation of the division of the broker you work with.
Easy Equities is a broker for active and passive investors. The company provides optimal conditions for users regardless of their investment experience, and offers access to trading fractional shares and accounts for children under age.
The TradeZero broker has its strengths and weaknesses, like any platform. However, TradeZero is a simple and reliable solution for entering the global stock market.
Lightspeed is a broker aimed at American investors who already have considerable experience in trading in the stock market.
Tastytrade is suitable for users of all experience levels: professionals and newbies. However, it should be borne in mind that the client must have an account with an American bank to trade freely.
1
Best Paper Apps in Saudi Arabia - eToro
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders in Saudi Arabia :
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders in Saudi Arabia:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
Best Paper Apps in Saudi Arabia - Easy Equities
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders in Saudi Arabia :
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders in Saudi Arabia:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
Best Paper Apps in Saudi Arabia - TradeZero
TradeZero is a Bahamian broker that provides its clients with access to the interbank market for stock trading. The platform allows you to trade limit orders for NYSE, Amex, and Nasdaq securities for free. Leverage, depending on the parameters of the order, ranges from 1:2 to 1:6. There are no templates for day trading. The broker has developed four trading platforms - ZeroPro, ZeroWeb, ZeroFree, and ZeroMobile, which make it possible to trade with maximum comfort, regardless of the level of the trader and his preferences. The platforms integrate technical analysis tools, news, and analytics.
👍 Advantages of trading with TradeZero for traders in Saudi Arabia :
•The broker allows you to trade all stocks that are listed on the NYSE, Amex, and Nasdaq exchanges.
•In addition to shares, trading in ETFs and options is available on objectively favorable terms.
•Limit orders greater than $1 and containing up to 200 shares are not subject to commission.
•The broker has proprietary software for working from a desktop, in a browser, and on a mobile device.
•Transparent pricing policy, fixed deposit/withdrawal commissions.
•No commissions on the first deposit.
•The broker provides an extensive pool of educational materials for traders of different levels.
•Fast technical support in live chat, and there is a multi-channel call center and email.
👎 Disadvantages of TradeZero for traders in Saudi Arabia:
•The minimum deposit is $500. It does not charge a commission, but this is a significant amount, which sometimes repels beginners.
•Use of the ZeroPro and ZeroWeb software with professional functions $59 per month.
•Technical support is not around the clock or on weekends.
•Service priority is given to premium accounts.
4
Best Paper Apps in Saudi Arabia - Lightspeed
Lightspeed is an American stockbroker for experienced investors. The company is overseen by the US Securities and Exchange Commission (SEC, 0001122636 ), the US Financial Industry Regulatory Authority (FINRA) and NFA (0330872). The SIPC, the Securities Investor Protection Corporation, is responsible for compensating Lightspeed customers in the event the broker files for bankruptcy. Lightspeed specializes in providing investors with access to the stock markets, offering multi-ownership accounts and instant order execution.
👍 Advantages of trading with Lightspeed for traders in Saudi Arabia :
•A wide selection of trading platforms for the different needs of a trader.
•The ability to test the trading conditions of the broker without financial risks, on a virtual account.
•The company offers accounts for trading different assets and with different forms of ownership.
•A Lightspeed customer can earn additional income by participating in the affiliate program.
•Basic training materials for working on the Lightspeed platforms are available on the broker's website
👎 Disadvantages of Lightspeed for traders in Saudi Arabia:
•Expensive minimum deposits.
•Lack of investment programs and other ways to generate passive income.
•The broker charges clients a commission for non-trading operations like holding positions, closing an account, maintaining an account, etc.
5
Best Paper Apps in Saudi Arabia - Tastytrade
Tastytrade is a brokerage company that strives to allow its clients to trade single-handedly, without managing the account or copying transactions of other traders. To make self-investing a reality, the company has created a separate platform with a humongous library of learning materials. Tastytrade (Tastyworks) is controlled by bodies such as the Financial Industry Regulatory Authority (FINRA, CRD#: 277027/SEC#: 8-69649 ), the National Futures Association (NFA, 0492333), and the Securities Investor Protection Corporation (SIPC).
👍 Advantages of trading with Tastytrade for traders in Saudi Arabia :
•No minimum deposit. The client independently chooses how much to deposit to the trading account.
•A vast array of educational materials for which the broker has allocated a special platform it calls the Tastytrade.
•The company offers clients flexible trading accounts with different functions. Any of the three offered accounts have varieties, so the trader can choose the option that suits him the most.
👎 Disadvantages of Tastytrade for traders in Saudi Arabia:
•To gain access to trading, the user must go through a snail-paced registration procedure and provide a list of documents that the broker requests.
•To open a trading account and start working, a client must have an open account with an American bank.
•The broker does not allow clients to test trading on a demo account; only a real trading account can be opened.
Best Paper 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.
eToro - Education for Investors
Investment Education Online
eToro pays special attention to the education of traders. The broker’s website features information about what copy trading, leverage and margin are. There are also descriptions of how to buy and sell various types of financial instruments.
Upon completion of registration, any trader can create a free demo account with a virtual deposit of $100,000 and practice trading in an entirely risk-free environment.
Easy Equities - Education for Investors
Investment Education Online
Easy Equities is a broker that provides investment opportunities to its clients regardless of whether they have experience or not. There is a section on the company’s website featuring educational materials that can help the beginners understand the basics of investing and provide additional information to the more experienced traders.
Users can test new trading strategies and their trading skills on free demo accounts. There are two virtual demo accounts: a USD account with a balance of $10,000, and ZAR account with ZAR 100,000.
TradeZero - Education for Investors
Investment Education Online
The broker’s website has a section with training materials, videos, and a detailed manual that can be downloaded in pdf format. There is also a FAQs section with basic information. Thus, the broker provides its clients with all the necessary information so that they can successfully invest in securities.
Some sources write that TradeZero provides a demo account, but it does not.
Lightspeed - Education for Investors
Investment Education Online
The Lightspeed broker offers a small number of educational materials for traders. In particular, a video on setting up the Lightspeed trading platform and information on the current market situation.
You can test new trading strategies and acquired knowledge on a virtual account, which excludes the possibility of losing capital.
Tastytrade - Education for Investors
Investment Education Online
The broker Tastytrade (Tastyworks) is open to cooperation with novice users and those traders who already have experience in trading. In addition to favorable trading conditions, the company has created a special platform Tastytrade, where traders and investors can learn, be inspired by the examples of other traders, study historical data and discuss the market situation in live chat sessions. There is a lot of educational materials on the Tastytrade platform, and a trader with any experience can find something interesting and useful for himself.
Tastytrade (Tastyworks) does not allow its clients to open a demo account and test trading conditions, knowledge gained and different trading strategies risk-free.
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 Paper Trading App in Saudi Arabia 2026.
| eToro | Easy Equities | TradeZero | Lightspeed | Tastytrade | |
|---|---|---|---|---|---|
|
Overall score |
8.4 |
5.65 |
5.05 |
7.15 |
7.52 |
|
Execution of orders |
9.1 |
5.44 |
4.79 |
6.94 |
7.29 |
|
Investment instruments |
10 |
5.9 |
5.4 |
7.4 |
7.7 |
|
Withdrawal speed |
5 |
5.5 |
4.9 |
7 |
7.4 |
|
Customer Support work |
9.3 |
5.8 |
5.2 |
7.3 |
7.7 |
|
Variety of instruments |
7.2 |
5.28 |
4.63 |
6.78 |
7.13 |
|
Trading platform |
9.8 |
6 |
5.4 |
7.5 |
7.9 |
|
|
|||||
|
|
|
|
|
- Best Options Trading App In Latvia for 2026
- Best Swing Trading App In India for 2026
- Best Mobile Trading App In Poland for 2026
- Best Online Trading App In Japan for 2026
- Best Swing Trading App In Pakistan for 2026
- Best Online Trading App In Ghana for 2026
- Best Options Trading App In The World for 2026
- Best Forex Trading App In Bangladesh for 2026
- Best Binary Trading App In Bangladesh for 2026
- Best Copy Trading App In Greece for 2026
- Best Options Trading App In France for 2026
- Best Bitcoin Trading App In Brazil for 2026
- Best Paper Trading App In Israel for 2026
- Best Online Trading App In Brazil for 2026
- Best Paper Trading App In Ghana for 2026
- Best Forex Trading App In Egypt for 2026
- Best Binary Trading App In Singapore for 2026
- Best Options Trading App In Spain for 2026
- Best Mobile Trading App In Belgium for 2026
- Best Online Trading App In Turkey for 2026
- Best Swing Trading App In Malaysia for 2026
- Best Copy Trading App In Norway for 2026
- Best Binary Trading App In Nigeria for 2026
- Best CFD Trading App In Indonesia for 2026
- Best Swing Trading App In Spain for 2026
- Best Paper Trading App In Spain for 2026
- Best Swing Trading App In Australia for 2026
- Best Options Trading App In Switzerland for 2026
- Best Bitcoin Trading App In Hong Kong for 2026
- Best Apps for Stock Trading in Nigeria
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.
If a broker has several platforms, does it mean it offers several apps?
No. If a broker has several trading platforms, there is either an option to switch between them in the app, or only one trading platform is available (usually the proprietary one).
Does the functionality of apps differ from that of the web version?
It depends on the broker. A good quality mobile app replicates the functionality of the web version either fully or as much as possible.
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.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
