Risk Warning:CFD trading involves significant risk of loss. This is not investment advice.
The Capital Markets Authority (CMA) of Saudi Arabia is the government body responsible for regulating the Saudi capital markets. The CMA issues and enforces laws and regulations, authorises offerings of securities, and regulates and monitors the activities of brokers and investment firms operating in Saudi Arabia.
Visit cma.org.sa and use the licensed companies register to search for the broker by name. Verify that the licence is current and covers the services being offered.
Brokers operating in Saudi Arabia must hold a valid CMA licence. UAE-based brokers without a CMA licence can still serve Saudi clients on a cross-border basis, subject to applicable rules.
CFD trading is a high-risk activity. Saudi traders should only use brokers with appropriate regulatory approval for their jurisdiction.
UAE-regulated brokers can often accept Saudi clients on a cross-border basis, but this should be verified directly with the broker. Saudi residents who want the strongest local protections should seek brokers with a CMA licence.