Exness in Saudi Arabia: Is it Available and Legit?
As of June 2026, Exness is available to traders and investors in Saudi Arabia. This accessibility confirms the broker's authorization to operate within Saudi Arabia and its compliance with the necessary regulatory requirements.
Essential details of Exness services in Saudi Arabia
Exness is accessible to traders and investors in Saudi Arabia. Key highlights include:
- Saudi Arabia residents can open an account with Exness
- Exness has earned an overall rating of 9.1/10 points according to our methodology.
- Exness received 8.1/10 points for regulation and safety.
- For more detailed information, see our comprehensive Exness review.
Is Exness a regulated broker? Is it safe?
Exness is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name British Virgin Islands Financial Services Commission | Country British Virgin Islands | Protection Fund No specific fund | Regulation level Tier-2 |
|
|
Full Name The Capital Markets Authority | Country Kenya | Protection Fund KES 50,000 | Regulation level Tier-2 |
|
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Full Name Financial Services Authority of Seychelles | Country Seychelles | Protection Fund No specific fund | Regulation level Tier-3 |
|
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Full Name Financial Services Commission of Mauritius | Country Mauritius | Protection Fund No specific fund | Regulation level Tier-3 |
|
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Full Name Financial Sector Conduct Authority of South Africa | Country South Africa | Protection Fund No specific fund | Regulation level Tier-2 |
|
|
Full Name Jordan Securities Commission | Country Jordan | Protection Fund JOD 10,000 | Regulation level Tier-2 |
Is Exness safe to use in Saudi Arabia?
A broker’s security is largely defined by its regulatory status. Exness is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, Exness received a Regulation and safety score of 8.1/10, placing it among the most secure brokers.
Is Forex trading allowed in Saudi Arabia? Is Forex taxable in Saudi Arabia?
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Licensing in Saudi Arabia
Brokers in Saudi Arabia are supervised by the Capital Market Authority (CMA). The main requirements to obtain a license are:
- The company must be a joint stock company registered in Saudi Arabia
- The minimum registered capital is 50 million Saudi riyals
- Only private individuals who are citizens of Saudi Arabia can be the company’s shareholders
- At least 50% of the company’s board of directors must be citizens of Saudi Arabia
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Investor protection in Saudi Arabia
Investors in Saudi Arabia are protected by the CMA. There is also the Investor Protection Program (IPP) that acts as a compensation fund. The IPP covers losses incurred as a result of a broker’s bankruptcy or unlawful actions.
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Taxation in Saudi
Arabia Income from Forex trading in Saudi Arabia is taxed at 20% for residents and 15% for non-residents.
Exness vs other regulated brokers in Saudi Arabia
To provide a clear understanding of available options for traders in Saudi Arabia, Traders Union compared Exness trading conditions with those of other regulated brokers accepting clients in the region.
| Exness | IUX | XM | ||
|---|---|---|---|---|
| Regulation | BVI FSC, FSCA SA, FSC (Mauritius), FSA (Seychelles), CMA (Kenya), JSC (Jordan) | FSC, FSCA, ASIC, FSA SVG | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $10 | $50 | $5 | |
| Currency pairs | 100 | 34 | 57 | |
| Floating spread EUR/USD, min pips | 0.6 | 0.6 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.5 | 0.8 | 1.2 | |
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.