Who can open a Saudi stock brokerage account?

Saudi nationals, residents holding a valid iqama and GCC nationals can open accounts with any CMA-licensed capital market institution. From 1 February 2026 the CMA also allows non-resident foreign individuals to invest directly in Main Market shares, but each firm decides who it onboards, so check the broker's own eligibility rules.

What does it cost to trade on the Saudi Exchange?

The Saudi Exchange publishes a maximum total commission of 15.5 basis points (0.155%) of the executed value, which covers the broker, exchange, Edaa depository and CMA portions. Several brokers run 0% promotional rates on their own portion while the regulatory portions still apply. VAT at 15% is charged on the brokerage portion.

Do I need a Saudi bank account?

Local brokers fund accounts by SARIE bank transfer from a Saudi IBAN, and bank-owned brokerages usually expect an account with the parent bank. International access platforms such as Interactive Brokers fund in other currencies, so no Saudi bank account is needed there.

What is the difference between an exchange member and an access platform?

A member is a CMA-licensed firm that executes directly on the Saudi Exchange and opens your Edaa investor account. An access platform routes your orders through a named local member and holds your Saudi shares via a custodian. We show the executing broker wherever it is published and never present a platform as a member.

Is Nomu open to everyone?

Nomu, the parallel market, has its own qualified-investor criteria set by the CMA. Many brokers offer Nomu trading, but you must meet the investor test before orders are accepted. Where a firm has not published its Nomu access we mark it as not verified.

Does BrokerBazaar open accounts or hold money?

No. BrokerBazaar researches, explains and compares. Account opening, identity checks, funding and order execution are handled entirely by the licensed firm you choose.

Saudi Stocks & Brokers Hub

Find a Saudi Stock Broker for the Saudi Exchange and Nomu

Independent brokers, bank brokerages and international access platforms side by side. Every fact shows its source and date; anything we have not confirmed is marked “Not verified” rather than guessed.

Saudi Stocks & Brokers Hub

Saudi Exchange Main Market and Nomu, one directory

Providers listed

Accept non-residents

Sharia-compliant bank brokerage with Alinma Global international access

Main MarketGCCInternational

SAR 10k Main Market order

~SAR 15.50

Profile

Aljazira Capital

Bank brokerage

Sharia-compliant bank brokerage for Saudi, GCC and international shares

Main MarketGCCInternational

SAR 10k Main Market order

~SAR 15.50

Profile

ANB Capital

Bank brokerage

Arab National Bank brokerage with tiered discounts for active traders

SAR 10k Main Market order

~SAR 15.50

Profile

Arbah Capital

Independent broker

Independent Eastern Province broker with Sharia-compliant margin

SAR 10k Main Market order

~SAR 15.50

Profile

BSF Capital

Bank brokerage

Banque Saudi Fransi's full-service investment bank and brokerage

SAR 10k Main Market order

~SAR 15.50

Profile

Riyad Capital

Bank brokerage

Bank brokerage with a published 0.155% Saudi rate and US options access

Main MarketGCCUSInternational

SAR 10k Main Market order

~SAR 17.83

Profile

SNB Capital

Bank brokerage

Saudi National Bank's investment arm and Interactive Brokers' local Tadawul partner

Main MarketInternational

SAR 10k Main Market order

~SAR 15.50

Profile

Saudi stock broker FAQs

BrokerBazaar researches, explains and compares. Account approval, identity checks, funding and order execution are handled by the licensed provider. Fees and eligibility change; confirm on the provider’s official website before opening an account. Looking for UAE brokers? See UAE stock brokers.