Pocket Option in Saudi Arabia: Is it Available and Legit?
As of June 2026, Pocket Option 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 Pocket Option services in Saudi Arabia
Pocket Option is accessible to traders and investors in Saudi Arabia. Key highlights include:
- Saudi Arabia residents can open an account with Pocket Option
- Pocket Option has earned an overall rating of 9/10 points according to our methodology.
- Pocket Option received 4.2/10 points for regulation and safety.
- For more detailed information, see our comprehensive Pocket Option review.
Is Pocket Option a regulated broker? Is it safe?
Pocket Option is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
|
|
Full Name Mwali International Services Authority | Country The Comoros | Protection Fund No specific fund | Regulation level Tier-3 |
Is Pocket Option safe to use in Saudi Arabia?
A broker’s safety is closely linked to its regulation. Pocket Option is licensed under a Tier-3 regulator, which typically provides only formal oversight with minimal protection for traders. While such brokers may operate legally, the safeguards are weaker compared to Tier-1 and Tier-2 jurisdictions. In our methodology, Pocket Option achieved a Regulation and safety score of 4.2/10. Scores below 6 indicate limited security.
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.
Pocket Option vs other regulated brokers in Saudi Arabia
To provide a clear understanding of available options for traders in Saudi Arabia, Traders Union compared Pocket Option trading conditions with those of other regulated brokers accepting clients in the region.
| Pocket Option | IUX | XM | ||
|---|---|---|---|---|
| Regulation | MISA | FSC, FSCA, ASIC, FSA SVG | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $5 | $50 | $5 | |
| Currency pairs | 40 | 34 | 57 | |
| Floating spread EUR/USD, min pips | 0.5 | 0.6 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.0 | 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.