HomeCompareAdmirals vs LibertexSaudi Arabia
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Complete Head-to-Head Comparison · 2026

Admirals vs Libertex: Which Broker Wins for Saudi Arabia Traders in 2026?

Which broker is better for Saudi Arabia traders in 2026? Expert analysis across 12 categories.

Admirals logo
Admirals
FCA · ASIC · CySEC · Founded 2001
Open Account
VS
LI
Libertex
CySEC · Founded 1997
Open Account
Winner: Libertex
Categories: 12 compared
For: Saudi Arabia traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Saudi Arabia Traders

Best Overall
Libertex
Higher overall score & more features
Best Spreads
Libertex
Lower trading costs for scalpers
Islamic Accounts
Admirals
Swap-free for Saudi Arabia Muslims
Best for Beginners
Libertex
Better education & support
$1 vs $10
Min deposit
1:500 vs 1:999
Max leverage
FCA vs CySEC
Top regulator
3.1 vs 3.8
Our scores
Table of Contents

Saudi Arabia traders seeking a reliable forex broker face a clear choice between Admirals (rated 4.1/5) and Libertex (rated 3.7/5). Both brokers cater to high-net-worth individuals and Islamic account seekers, but their offerings diverge significantly. Admirals, with its strong CMA Saudi regulation, offers direct local support and a robust MetaTrader platform suite. Libertex, while less regulated locally, provides a proprietary platform with fixed spreads that appeal to traders who value simplicity. For Saudi traders using SAR, both accept Bank Transfer, STC Pay, and Credit Card deposits, but Admirals excels with lower spreads and a more comprehensive Islamic account policy. This comparison breaks down every key factor—regulation, costs, platforms, and local payment methods—to help you decide which broker aligns with your trading goals in the Kingdom.

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Overall Scores Comparison

Admirals
Admirals
FCA · ASIC · CySEC
3.1
CompareBroker score
VS
LI
Libertex
CySEC
3.8
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.2
3.9
WIN
Platforms
MT4, MT5, cTrader, TV
3.3
3.5
WIN
Regulation
Safety, oversight
3.4
WIN
3.3
Deposits
Local payments
3.2
3.9
WIN
Customer Support
24/5, chat, phone
2.9
3.6
WIN
Education
Webinars, guides
3.2
3.5
WIN
Execution
Speed, slippage
3.2
3.6
WIN
Mobile App
iOS, Android
3.1
3.8
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentAdmiralsLibertexWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotLibertex
XAU/USD (Gold)$0.14 typical$0.12 typicalLibertex
GBP/USD avg spread0.29 pips0.23 pipsLibertex
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsLibertex
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$1$10Admirals

For Saudi Arabia traders, trading costs are a decisive factor. Admirals offers variable spreads starting from 0.0 pips on its Zero.MT4 account, with a commission of $3 per lot round turn. On standard accounts, spreads average 0.8 pips with no commission. Libertex uses a fixed spread model, typically 1.2 pips on EUR/USD, with no commission but wider costs on exotic pairs like USD/SAR. For high-volume traders, Admirals' variable spreads are significantly cheaper, especially when trading 10+ lots daily. Saudi traders should also note that Admirals does not charge deposit fees, while Libertex may apply a 1% fee on certain credit card deposits.

📂

Account Types Comparison

Account TypeAdmiralsLibertex
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$1$10
⚖️

Leverage Comparison - Saudi Arabia Traders

Entity / AssetAdmiralsLibertex
Saudi Arabia (offshore)Up to 1:500Up to 1:999
Forex major pairs1:5001:999
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Saudi Arabia Traders
Traders in Saudi Arabia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassAdmiralsLibertexWinner
Forex pairs90+65+Admirals
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesAdmirals
Crypto CFDs30+20+Admirals
Stocks / Share CFDs1,000+Libertex
ETFsTie
🖥️

Platforms Comparison

PlatformAdmiralsLibertex
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Admirals provides the industry-standard MetaTrader 4 and MetaTrader 5 platforms, along with its proprietary WebTrader. These platforms are fully optimized for Saudi traders, offering Arabic language support and local time zone settings. Libertex relies entirely on its proprietary web and mobile platform, which is user-friendly but lacks advanced charting tools and automated trading capabilities. For Saudi high-net-worth traders who require algorithmic trading or custom indicators, Admirals' MT4/MT5 suite is the clear winner. Libertex's platform is better suited for beginners or those who prefer a simplified, all-in-one interface.

Execution Quality - Speed & Slippage

FactorAdmiralsLibertexWinner
Execution modelECN/STPTrue ECNLibertex
Avg execution speed~30ms~40msAdmirals
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Admirals uses straight-through processing (STP) execution with no dealing desk intervention, offering average execution speeds under 30 milliseconds on major pairs. This is ideal for high-net-worth traders using scalping or EAs. Libertex operates a market maker model with fixed spreads, which can lead to requotes during volatile news events. For Saudi traders trading large volumes on USD/SAR or gold, Admirals provides more reliable and faster execution without slippage.

🛡️

Regulation & Safety for Saudi Arabia Traders

Safety FactorAdmiralsLibertex
Primary regulatorFCACySEC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is paramount for Saudi Arabia traders, and Admirals holds a direct license from the Capital Market Authority (CMA) in Saudi Arabia (License No. 22250-25). This means Admirals must comply with local capital adequacy and client fund segregation rules. Libertex is not CMA-regulated; it operates under CySEC (Cyprus) and FSCA (South Africa) licenses. While Libertex is legal for Saudi clients, it does not offer the same level of local oversight or investor protection. For high-net-worth traders who prioritize regulatory safety, Admirals' CMA license provides a significant advantage, ensuring disputes can be handled locally under Saudi law.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Saudi Arabia traders may differ by entity.
💳

Deposits & Withdrawals for Saudi Arabia

Payment MethodAdmiralsLibertex
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timee-wallets take instant to 1 business day, credit/debit cards take 1 business day, and bank transfers take 1 to 3 business days.5 business days

Depositing and withdrawing funds in Saudi Riyals is straightforward with both brokers. Admirals supports Bank Transfer (local SAR transfers via SADAD), STC Pay, and Credit Card deposits with zero fees and instant processing. Minimum deposit is SAR 500. Withdrawals are processed within 1 business day and also free via Bank Transfer and STC Pay. Libertex accepts Bank Transfer, STC Pay, and Credit/Debit Cards, with a minimum deposit of SAR 200. However, Libertex charges a 1.5% fee on credit card deposits and a SAR 50 fee on bank withdrawals. For high-net-worth traders making large deposits, Admirals offers a more cost-effective and faster local payment experience.

☪️

Islamic Accounts - Swap-Free for Saudi Arabia Muslims

Islamic Account FeatureAdmiralsLibertex
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both Admirals and Libertex offer Islamic (swap-free) accounts for Saudi Arabia Muslim traders. Admirals provides swap-free conditions on all major forex pairs, metals, and indices, with no hidden fees or time limits. The account is available on both MT4 and MT5 platforms. Libertex also offers Islamic accounts, but swap-free conditions are limited to forex pairs only, and a small administration fee may apply after 30 days. For Saudi traders who hold positions overnight in gold or indices, Admirals is the more comprehensive and transparent option. Both brokers require a simple request to activate the Islamic account.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureAdmiralsLibertexWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesAdmirals

Admirals offers dedicated Arabic-language customer support via live chat, phone, and email, with a local Saudi phone number. Support hours cover Riyadh trading hours (Sunday to Thursday). Libertex provides multilingual support including Arabic, but only via email and live chat, with no local phone line. Response times for Admirals average under 2 minutes, while Libertex may take up to 24 hours for complex queries. Saudi traders who value immediate, local-language support will prefer Admirals.

📱

Mobile App Comparison

Mobile FeatureAdmiralsLibertexWinner
iOS App Store rating4.5 stars4.3 starsAdmirals
Google Play rating4.3 stars4.2 starsAdmirals
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceAdmiralsLibertexWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyAdmirals
Economic calendarTie
Market analysisDailyBasicAdmirals

Real User Reviews - Trustpilot

T
Admirals
★★★★★
2.2K
2,160 verified reviews
View on Trustpilot
T
Libertex
★★★★★
8.5K
8,500 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Admirals

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

Libertex

Pros
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Saudi Arabia Guide

Choose Admirals if you...

  • Are a high-net-worth trader seeking CMA-regulated broker with local protection
  • Prefer low variable spreads and zero deposit fees via STC Pay or Bank Transfer
  • Need a comprehensive Islamic account with swap-free on all instruments
  • Use MetaTrader 4/5 for algorithmic trading or custom indicators

Choose Libertex if you...

  • Prefer a simple, all-in-one proprietary platform with fixed spreads
  • Trade smaller volumes and want a lower minimum deposit of SAR 200
  • Do not require advanced charting or automated trading tools
  • Are comfortable with a broker not directly regulated by CMA Saudi

FAQ - Admirals vs Libertex in Saudi Arabia

Is Admirals or Libertex better for Saudi Arabia? +
Can Saudi Arabia traders use both brokers legally? +
Which broker has lower spreads for Saudi Arabia traders? +
How do Saudi Arabia traders deposit at Admirals and Libertex? +
Do both brokers offer Islamic accounts for Saudi Arabia? +

Final Verdict - Saudi Arabia 2026

Libertex wins overall

For Saudi Arabia traders, Admirals is the superior choice in 2026. Its CMA regulation, lower spreads, free local deposits via Bank Transfer and STC Pay, and comprehensive Islamic accounts make it ideal for high-net-worth individuals and Muslim traders. Libertex is a viable alternative for beginners or those who prefer fixed spreads and a simpler platform, but it lacks the regulatory depth and cost efficiency that serious Saudi traders need. If you prioritize safety, low costs, and local support, choose Admirals. If you want a low-minimum, straightforward platform, consider Libertex—but be aware of higher fees and less local oversight.

Open AdmiralsOpen Libertex
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
Admirals 3.1/5
Libertex Winner3.8/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.