Which broker is better for Saudi Arabia traders in 2026? Expert analysis across 12 categories.
Saudi Arabia traders seeking a reliable forex and CFD broker often compare EasyMarkets and Plus500. Both platforms are popular among high-net-worth individuals and Islamic account seekers in the Kingdom. EasyMarkets, founded in 2001, is known for its fixed spreads and risk management tools like DealCancellation. Plus500, established in 2008, is a global leader in CFDs with a strong reputation for low variable spreads and a vast range of instruments. For Saudi traders, key factors include local payment methods (Bank Transfer, STC Pay, Credit Card) and availability of swap-free accounts. While neither broker is directly regulated by the Capital Market Authority (CMA), they operate under respected international licenses. This comparison helps Saudi investors decide which broker better suits their trading style, budget, and local requirements in 2025.
| Instrument | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Plus500 |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Plus500 |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Plus500 |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Plus500 |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $100 | Plus500 |
When comparing trading costs for Saudi Arabia traders, Plus500 generally offers lower spreads on major forex pairs, starting from 0.6 pips variable, while EasyMarkets charges fixed spreads averaging 1-2 pips. For high-volume traders, Plus500’s tighter spreads can lead to significant savings. However, EasyMarkets’ fixed spreads provide cost certainty, which is valuable during volatile market events. Additionally, EasyMarkets charges no commission on most trades, whereas Plus500’s costs are fully built into the spread. Both brokers are competitive for Saudi traders using SAR denominated accounts, but Plus500 has a slight edge for those trading large positions.
| Account Type | EasyMarkets | Plus500 |
|---|---|---|
| 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 | Plus500 |
|---|---|---|
| Saudi Arabia (offshore) | Up to 1:2000 | Up to 1:300 |
| Forex major pairs | 1:2000 | 1:300 |
| 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 | Plus500 | 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+ | Plus500 |
| ETFs | ✗ | ✓ | Tie |
| Platform | EasyMarkets | Plus500 |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✗ |
| Hedging allowed | ✓ | ✗ |
EasyMarkets offers its proprietary web-based platform and mobile app, designed for simplicity and ease of use. It includes unique features like DealCancellation and guaranteed stop loss. Plus500 uses its own award-winning trading platform, available on desktop, web, and mobile. It provides advanced charting tools, real-time quotes, and a user-friendly interface. For Saudi traders, both platforms support Arabic language and are optimized for mobile trading via STC Pay and Credit Card deposits. Plus500’s platform has a wider selection of technical indicators, while EasyMarkets’ platform is better for beginners who prefer a straightforward experience.
| Factor | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Plus500 |
| 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 |
Plus500 is a market maker with automatic execution, typically providing fast order fills with no requotes. EasyMarkets also operates as a market maker but offers fixed spreads and guaranteed stop loss on certain accounts. For Saudi day traders, Plus500’s faster execution speeds are beneficial for scalping, while EasyMarkets’ guaranteed stop loss protects larger positions during volatile markets. Both brokers maintain reliable execution with minimal slippage.
| Safety Factor | EasyMarkets | Plus500 |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
EasyMarkets is regulated by CySEC (Cyprus), ASIC (Australia), and FSC (British Virgin Islands). Plus500 is regulated by CySEC, FCA (UK), ASIC, and FMA (New Zealand). Neither broker holds a direct license from the Saudi Capital Market Authority (CMA). For Saudi traders, this means they are not protected by the CMA’s investor compensation fund, but both brokers segregate client funds and offer negative balance protection. Trading with a reputable international regulator provides a reasonable level of security for high-net-worth individuals in the Kingdom.
| Payment Method | EasyMarkets | Plus500 |
|---|---|---|
| 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) | 1 to 3 business day |
Both EasyMarkets and Plus500 support deposits in SAR via Bank Transfer, STC Pay, and Credit Card (Visa/Mastercard). Deposits are free of charge and processed instantly when using STC Pay or Credit Card. Bank Transfers may take 1-2 business days to reflect. The minimum deposit at both brokers is $100 (approximately 375 SAR). Withdrawals are processed within 1-3 business days; Plus500 charges a small fee on withdrawals, while EasyMarkets offers one free withdrawal per month. For Saudi traders, STC Pay is the most convenient option for quick deposits. Both brokers also allow withdrawals back to the original payment method.
| Islamic Account Feature | EasyMarkets | Plus500 |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both EasyMarkets and Plus500 offer Islamic (swap-free) accounts for Muslim traders in Saudi Arabia. EasyMarkets provides Islamic accounts upon request without any additional fees or time limits. Plus500 automatically offers swap-free accounts to eligible traders based on their country of residence, which includes Saudi Arabia. These accounts ensure no overnight interest is charged, complying with Sharia law. Traders should verify that swap-free status remains active for long-term positions. Both brokers are suitable for Saudi investors seeking halal trading options.
| Support Feature | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
EasyMarkets provides customer support via live chat, email, and phone, available 24/5 with Arabic language support. Plus500 also offers 24/7 multi-lingual support via live chat and email, including Arabic. EasyMarkets tends to have faster response times for account queries, while Plus500’s support is more automated. Both brokers have comprehensive FAQ sections on their websites. For Saudi traders, the availability of Arabic support is a key advantage for both.
| Mobile Feature | EasyMarkets | Plus500 | 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 | ✗ | ✗ | Tie |
| Resource | EasyMarkets | Plus500 | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | ✗ | EasyMarkets |
| Webinars (live) | Weekly | ✗ | EasyMarkets |
| Economic calendar | ✓ | ✗ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Plus500 if you...
For Saudi Arabia traders, Plus500 edges ahead with a higher overall score (3.7 vs 3.4) thanks to tighter spreads, broader asset selection, and strong international regulation. However, EasyMarkets remains an excellent choice for those who value fixed spreads, Islamic account convenience, and user-friendly platforms. Both brokers support local payment methods (Bank Transfer, STC Pay, Credit Card) and offer swap-free accounts. High-net-worth traders should consider Plus500 for cost efficiency, while risk-averse traders may prefer EasyMarkets’ safety features. Given the absence of direct CMA regulation, traders should still conduct due diligence. Ultimately, the choice depends on individual priorities in cost, platform, and risk management.