IG vs FxPro: Saudi Arabia Broker Comparison 2026

When comparing trading costs for Saudi Arabia traders, FxPro holds a clear edge on spreads for major forex pairs. FxPro's raw spread on EUR/USD starts from 0.0 pips on cTrader, while IG's standard spread averages 0.8 pips. On GBP/USD, FxPro offers 0.2 pips vs IG's 1.0 pips. However, IG compensates with tighter spreads on indices like the Saudi Tadawul All Share Index (0.5 pips) and commodities like gold (0.3 pips). For high-volume traders in Saudi Arabia, FxPro's lower forex spreads reduce costs significantly, but IG's broader product range may suit diversified portfolios. IG charges a $10 monthly inactivity fee after 2 years, while FxPro has no inactivity fee.

IG offers its proprietary web platform, MT4, and ProRealTime, providing advanced charting and automated trading tools ideal for Saudi Arabia's high-net-worth traders. FxPro supports MT4, MT5, and cTrader, catering to both manual and algorithmic traders. For Saudi users, IG's platform includes Arabic language support and local market data, while FxPro's cTrader offers superior order execution and depth of market. Both brokers have mobile apps with full functionality. IG's platform is more comprehensive for portfolio management, while FxPro's cTrader is preferred by scalpers and day traders in the region.

FxPro offers superior execution with no requotes and average execution speed under 10 milliseconds on its cTrader platform, ideal for Saudi scalpers. IG's execution is reliable with 99.9% order fill rate on MT4, but may have slippage during volatile news events. FxPro uses a no-dealing-desk (NDD) model, while IG uses a market-maker model for some instruments. For high-frequency traders in Saudi Arabia, FxPro's execution is more transparent.

IG is regulated by the Saudi Arabian Capital Market Authority (CMA) under license number 22209-24, giving Saudi traders direct local oversight and deposit protection under CMA rules. FxPro is regulated by the FCA (UK) and CySEC (Cyprus), offering negative balance protection but no local CMA coverage. For Saudi traders, IG's CMA regulation means disputes can be handled locally, and funds are held in segregated accounts with a Saudi bank. FxPro provides strong international regulation but lacks a local presence. Both brokers comply with anti-money laundering (AML) laws applicable to Saudi Arabia.

Saudi Arabia traders have multiple deposit options at both brokers. IG supports Bank Transfer (SAR accepted, free, 1-3 days), STC Pay (instant, free), and Credit Card (instant, 0.5% fee). FxPro accepts Bank Transfer (SAR, free, 1-3 days), STC Pay (instant, free), and Credit Card (instant, free). Minimum deposits: IG requires $250 (approx. 937 SAR), FxPro requires $100 (approx. 375 SAR). Withdrawals at both brokers are free via Bank Transfer (1-3 days) and STC Pay (1-2 days). IG processes withdrawals within 24 hours, while FxPro takes 1-2 business days. Credit card withdrawals are not available at either broker.

Both IG and FxPro offer Islamic (swap-free) accounts for Saudi Arabia Muslim traders. IG's Islamic account has no swap fees on overnight positions for forex, indices, and commodities, but may charge a small administration fee on positions held beyond 10 days. FxPro's Islamic account also eliminates swap fees but applies a fixed fee per lot for positions held overnight after 3 days. Both brokers require traders to request Islamic accounts via customer support, and eligibility is verified based on religious needs. For Saudi traders, IG's Islamic account is slightly more favorable due to lower fees on longer-held positions.

IG provides 24/5 customer support in Arabic via phone, email, and live chat, with a dedicated Saudi helpline. FxPro offers 24/5 support in English, Arabic, and other languages via phone, email, and live chat. IG's local presence in Saudi Arabia ensures faster response times for CMA-related queries. FxPro's support is responsive but relies on international teams. Both brokers have comprehensive FAQ sections in Arabic.