Which broker is better for Saudi Arabia traders in 2026? Expert analysis across 12 categories.
Saudi Arabia traders seeking a reliable forex broker in 2025 often compare EasyMarkets and FP Markets, two well-established international brokers. Both accept Saudi residents, offer Islamic accounts for Sharia-compliant trading, and support local payment methods such as Bank Transfer (SAR), STC Pay, and Credit Cards. However, their overall ratings differ significantly: FP Markets scores 4.7/5 versus EasyMarkets' 3.4/5, reflecting differences in trading costs, execution quality, and platform features. Saudi high-net-worth individuals and Islamic account seekers will find that FP Markets provides tighter spreads, faster execution, and a wider range of tradable instruments, while EasyMarkets stands out for its innovative risk management tools, including a deal cancellation feature unique to the broker. Given the Saudi Riyal (SAR) is pegged to the USD, currency conversion costs are minimal when trading majors, but local payment processing and regulatory considerations remain crucial. The Saudi Capital Market Authority (CMA) does not directly regulate these brokers, so traders must choose based on international regulatory oversight, customer support in Arabic, and the ability to deposit and withdraw using local channels. This comparison will help you decide which broker better suits your trading style and local requirements.
| Instrument | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FP Markets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FP Markets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FP Markets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FP Markets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | FP Markets |
For Saudi Arabia traders, trading costs are a critical factor. FP Markets offers significantly lower spreads than EasyMarkets, especially on major pairs like EUR/USD. FP Markets' Standard account has spreads from 1.0 pips, while its Raw account (with commission) provides spreads as low as 0.0 pips. EasyMarkets’ spreads start from around 1.5 pips on average, which can be higher for traders executing large volumes. Additionally, FP Markets' commission on Raw accounts is competitive (e.g., $3 per lot per side). For high-net-worth Saudi traders processing high monthly volumes, the cost difference can be substantial. EasyMarkets does offer fixed spreads, which can be advantageous during volatile news releases, but overall FP Markets is more cost-efficient for regular trading.
| Account Type | EasyMarkets | FP Markets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $100 |
| Entity / Asset | EasyMarkets | FP Markets |
|---|---|---|
| Saudi Arabia (offshore) | Up to 1:2000 | Up to 1:500 |
| Forex major pairs | 1:2000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | 1,700+ | FP Markets |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | FP Markets |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer the industry-standard MetaTrader 4 and MetaTrader 5 platforms, essential for automated trading and advanced charting. FP Markets also provides its proprietary platform for mobile and web, plus cTrader for Raw account users, giving Saudi traders flexibility. EasyMarkets offers a simplified web trader and mobile app with built-in risk management tools like deal cancellation and negative balance protection. For Saudi traders who prefer Arabic-language support and quick access to features, FP Markets’ multi-platform approach is more versatile. EasyMarkets’ platform is easier for beginners but lacks the depth that experienced traders look for. Overall, FP Markets wins on platform variety and customisation.
| Factor | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FP Markets |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality is vital for active traders in Saudi Arabia. FP Markets boasts fast execution speeds, with average latency under 50ms and no requotes on Raw accounts. EasyMarkets uses a market execution model with speeds around 100-150ms, and its fixed spread model can lead to slippage during high volatility. For high-net-worth traders who rely on precise entry and exit, FP Markets’ superior execution infrastructure is preferable. FP Markets also offers low-latency servers in key locations, which benefits traders accessing from the Middle East.
| Safety Factor | EasyMarkets | FP Markets |
|---|---|---|
| Primary regulator | CySEC | ASIC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Neither EasyMarkets nor FP Markets is regulated by the Saudi Capital Market Authority (CMA), so Saudi traders rely on the brokers’ international regulatory status. EasyMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). FP Markets holds licenses from the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of St. Vincent and the Grenadines. For Saudi traders, ASIC and CySEC provide strong investor protection, including client money segregation and compensation schemes. While both are acceptable, FP Markets’ multiple tier-1 regulations offer additional confidence for high-net-worth traders.
| Payment Method | EasyMarkets | FP Markets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 24 hours |
Funding your trading account from Saudi Arabia is straightforward with both brokers. EasyMarkets and FP Markets accept Bank Transfer in Saudi Riyal (SAR), STC Pay, and major Credit/Debit Cards (Visa, Mastercard). STC Pay is the fastest local option, with instant deposits and same-day to 1-day withdrawals. Bank transfers are secure but take 1-3 business days for deposits and 2-5 days for withdrawals. Credit card deposits are instant; withdrawals typically take 1-3 business days. FP Markets also supports Skrill and Neteller for e-wallet users. Both brokers charge no deposit fees, but withdrawal fees may apply depending on the method (e.g., bank wire fee). For Saudi traders who prefer local convenience, STC Pay is the most efficient choice at both brokers.
| Islamic Account Feature | EasyMarkets | FP Markets |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Islamic (swap-free) accounts are essential for Saudi Arabia Muslim traders who follow Sharia law. Both EasyMarkets and FP Markets offer Islamic accounts with no swap or interest on overnight positions. EasyMarkets provides Islamic accounts upon request, but there may be a holding period after which an administration fee is applied. FP Markets offers Islamic accounts on all account types (Standard, Raw, and cTrader) with no time limit or hidden charges, making it a more transparent and lenient option for long-term traders. High-net-worth Saudi traders will appreciate FP Markets’ straightforward policy, while EasyMarkets’ deal cancellation feature provides an additional non-interest-based risk management tool.
| Support Feature | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support in Arabic and local availability matter for Saudi traders. FP Markets offers 24/7 customer service via live chat, email, and phone, with Arabic-speaking agents available during most hours. EasyMarkets provides 24/5 support with Arabic language options, but response times can be longer. Both brokers have an extensive FAQ and online resources. However, FP Markets’ round-the-clock support is more convenient for Saudi traders who trade during evening hours or need immediate assistance. Overall, FP Markets has a slight edge in customer support availability for the Saudi market.
| Mobile Feature | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | FP Markets |
| Resource | EasyMarkets | FP Markets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose FP Markets if you...
For Saudi Arabia traders in 2025, FP Markets is the superior overall choice compared to EasyMarkets. It offers lower trading costs, faster execution, more platform options, and a more transparent Islamic account policy. Both brokers support local payments such as Bank Transfer, STC Pay, and Credit Cards, and are not directly regulated by the CMA – so international regulatory oversight from ASIC and CySEC is crucial. High-net-worth individuals and Islamic account seekers will benefit more from FP Markets’ competitive spreads and professional environment. EasyMarkets remains a good option for risk-averse beginners who value safety tools like deal cancellation, but for most Saudi traders, FP Markets delivers better value and reliability.