Risk warning: CFDs are leveraged and you can lose all of your capital. FxPro is not licensed by Saudi Arabia’s Capital Market Authority.

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FxPro introducing broker · Saudi Arabia

FxPro in Saudi Arabia, explained honestly

How to open and verify an FxPro account from the Kingdom, how swap-free accounts really work, how to fund from a Saudi bank, and what Saudi Arabia’s Capital Market Authority says about overseas brokers. With real screenshots and sources.

Open FxPro accountRead the FxPro review
  • Regulated by FCA, CySEC, SCB and FSA
  • Swap-free on request
  • MT4, MT5, cTrader, FxPro app

FXBrokerKSA editorial teamUpdated

Kingdom Centre tower in Riyadh at sunset
  • Saudi CMA licence None Regulated in the UK, Cyprus, the Bahamas and the Seychelles
  • Account currency USD (no SAR) The riyal is pegged at 3.75 per dollar
  • FxPro funding fees None Your bank may still charge
  • Market week (Riyadh) Mon 00:00 – Sat 00:00 One hour later when the US is on winter time
Regulation

FxPro is not licensed by Saudi Arabia’s Capital Market Authority

FxPro’s companies hold licences in the United Kingdom, Cyprus, the Bahamas and the Seychelles. None of them is a Saudi licence, so a Saudi resident’s account sits with an overseas FxPro company and Saudi investor protection does not apply.

The Capital Market Authority, the Saudi Central Bank and the Ministry of Commerce have repeatedly warned against dealing with unlicensed forex providers, and the CMA publishes a list of websites it says are not licensed. Read what this means before you open an account.

Is forex trading legal in Saudi Arabia?
Real screenshots

What you will see on FxPro’s website

Captured from FxPro’s own pages in October 2026. FxPro shows slightly different products by country; Saudi residents are served by FxPro’s global company.

  • Screenshot of FxPro’s account comparison showing the Standard and Raw+ accounts

    Standard and Raw+ accounts

    FxPro’s own comparison: Standard from 1.2 pips with no commission, Raw+ from 0 pips plus $3.50 per side.

    Raw vs standard spreads
  • Screenshot of FxPro’s deposit page: deposit your funds in three simple steps

    Deposits in three steps

    Funding goes through the FxPro Wallet: sign up, choose a payment method, follow the instructions.

    Deposits and withdrawals
  • Screenshot of FxPro’s MetaTrader 5 page

    MetaTrader 5

    Web, Windows, Mac, iOS and Android. Download it only from FxPro’s own pages.

    MT4 vs MT5
  • Screenshot of FxPro’s page on segregated accounts and secure payments

    How FxPro says it protects funds

    Segregated accounts, withdrawals returned to source, 3-D Secure card payments.

    FxPro review
Accounts

FxPro account types

Starting prices from FxPro’s account comparison, October 2026. Any of these can be swap-free on request.

Standard

MT4 and MT5. No commission; the cost is in the spread.

FX majors
from 1.2 pips
Gold
from 25 cents
Commission
None
Open account

Raw+

MT4 and MT5. Spreads from zero plus a fixed commission.

FX majors
from 0 pips
Gold
from 10 cents
Commission
$3.50 per side per lot
Open account

cTrader

cTrader and TradingView. Low spreads plus commission by volume.

FX majors
low spread
Commission
$35 per $1M per side
Hedging
Yes
Open account
Start here

Six steps, in the order we would take them

Each step has its own guide with the details and sources.

  1. 1

    Know the rules

    FxPro is regulated abroad, not by the Saudi CMA. Understand what that means.

    Is forex legal in KSA?
  2. 2

    Open an account

    Country, email and password, then your details and a short knowledge test.

    Sign-up guide
  3. 3

    Verify your identity

    Passport or national ID (or iqama) and a proof of address from the last six months.

    Documents
  4. 4

    Ask for swap-free

    Request Islamic status from FxPro’s back office and get the fee terms in writing.

    Islamic accounts
  5. 5

    Fund the Wallet

    Card or bank wire from a Saudi bank, converted from riyals to dollars.

    Funding guide
  6. 6

    Learn the hours

    The market opens on Monday at midnight Riyadh time; the busiest hours are your afternoon.

    Trading hours
Guides

Guides for Saudi traders

Short, sourced and dated.

Why a Saudi-specific FxPro guide

Most broker reviews are written for nobody in particular. Opening and funding an account from the Kingdom raises its own questions: which regulator is responsible, whether a swap-free account really has no charges, how a riyal transfer from a Saudi bank reaches a dollar account, and what time London opens in Riyadh. We answer those for one broker, FxPro, in detail, and we compare it with IC Markets and Pepperstone where that helps.

We are an FxPro introducing broker. If you open an account through our sign-up link, FxPro may pay us a commission; you pay no extra fee to us. How we research and check each guide is on our About page.

Where to start

Three things that are different in Saudi Arabia

  • Regulation. FxPro is not licensed by the Capital Market Authority. Your account sits with an overseas FxPro company, and Saudi authorities have repeatedly warned against unlicensed forex providers.
  • Currency. FxPro has no riyal accounts. Because the riyal is pegged at 3.75 per dollar, conversion is predictable, but your bank’s margin and transfer fees still apply.
  • Swap-free. FxPro offers swap-free accounts on request, and says fees may apply once some positions stay open for a set number of days.
Education

Latest from the blog

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FAQ

Questions Saudi traders ask about FxPro

Is FxPro licensed in Saudi Arabia?

No. FxPro’s companies are regulated by the FCA (UK), CySEC (Cyprus), the SCB (Bahamas) and the FSA (Seychelles). None of these is a Saudi licence, and FxPro is not licensed by the Capital Market Authority.

Saudi authorities have repeatedly warned against unlicensed forex providers. Whether and how you may use an overseas broker is a question for your own situation.

Can I open a swap-free (Islamic) account?

Yes. FxPro says it offers swap-free accounts for religious reasons on request to its back office. It also says fees may apply once trades on certain instruments stay open for a set number of days, so ask for the terms in writing.

Can I deposit in Saudi riyals?

FxPro does not offer SAR accounts. Your Saudi bank or card converts riyals to dollars; because the riyal is pegged at 3.75, the rate is predictable but your bank’s margin still applies.

Which documents do I need?

A valid passport, Saudi national ID or iqama, and a proof of address issued in the last six months, such as a bank statement or utility bill. Upload them only in FxPro Direct or the FxPro app.

Does signing up through this site cost me more?

No. We are an FxPro introducing broker and FxPro may pay us a commission for accounts opened through our link. You pay no fee to us.

Ready to open an FxPro account?

Sign-up takes a few minutes. Verification needs a photo ID and a recent proof of address.

We are an FxPro introducing broker. If you sign up through our link, FxPro may pay us a commission; you pay no extra fee to us.

Open FxPro accountRead the sign-up guide
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Risk Warning: Trading in financial markets (Forex, CFDs, and Cryptocurrencies) carries a high level of risk and may not be suitable for all investors. You could lose some or all of your capital. Please ensure you fully understand the risks involved before trading and seek independent financial advice if necessary. This website and its content are for informational purposes only and do not provide financial advice.