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

CMA-licensed members

Published fees

Invest from abroad Saudi IPOs Listed companies

0.155% ceiling

Max total Saudi Exchange commission, incl. CMA and Edaa

Foreigners welcome since Feb 2026

QFI test removed for Main Market shares

Member vs platform

Apps route via a CMA member. See who executes

Filters only match facts we have confirmed. “Not verified” brokers drop out of a filter, which does not mean they lack the service.

12 of 12 providers

Provider	Type	Venues	Onboarding	SAR 10k order
Al Rajhi Capital Al Rajhi Capital Company	Bank brokerage	Main Market, Nomu, GCC, International	Online	SAR 15.50
Derayah Financial Derayah Financial Company	Independent broker	Main Market, Nomu, GCC, US, International	Online	SAR 0.00−SAR 15.50 vs 0.155% ceiling+ regulatory fees
Interactive Brokers Interactive Brokers LLC and affiliates (servicing entity varies by client country)	Access platform	Main Market, US, International	Online	Not published
Sahm Capital Sahm Capital Financial Company	Independent broker	Main Market, US	Online	SAR 0.00−SAR 15.50 vs 0.155% ceiling+ regulatory fees
Albilad Capital Albilad Investment Company	Bank brokerage	Main Market, US	Online	SAR 15.50
Alinma Capital Alinma Capital Company	Bank brokerage	Main Market, GCC, International	Online	SAR 15.50
Aljazira Capital Aljazira Capital Company	Bank brokerage	Main Market, GCC, International	Online	SAR 15.50
ANB Capital ANB Capital Company	Bank brokerage	Main Market, Nomu, GCC, US	Online	SAR 15.50
Arbah Capital Arbah Capital Company	Independent broker	Main Market	Assisted (remote with staff)	SAR 15.50
BSF Capital BSF Capital Company (formerly Saudi Fransi Capital)	Bank brokerage	Main Market, Nomu	Online	SAR 15.50
Riyad Capital Riyad Capital Company	Bank brokerage	Main Market, GCC, US, International	Online	SAR 17.83+SAR 2.33 vs 0.155% ceiling
SNB Capital SNB Capital Company	Bank brokerage	Main Market, International	Online	SAR 15.50

Estimates reproduce each firm’s published schedule for a single SAR 10,000 Main Market order, adding 15% VAT only where the schedule says VAT applies on top. Where a firm publishes only a 0% promotional rate, the exchange, Edaa and CMA portions are still charged and are not included. Not a quote.

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.