How to Use TradingView for Forex in Saudi Arabia (2026)

What is TradingView and Why Saudi Traders Love It

TradingView is a web-based and mobile charting platform that offers professional-grade tools for forex analysis. Saudi traders appreciate its intuitive interface, real-time data, and social trading features. Unlike MT4 or MT5, TradingView works directly in your browser without downloads.

Setting Up Your TradingView Account

Go to TradingView.com and sign up using your email or Google account. Choose the free plan to start, or upgrade to Pro for more indicators. Set your default currency to SAR (Saudi Riyal) in settings to view prices in your local currency. This helps you calculate profits easily.

Connecting Your Saudi Broker to TradingView

Not all brokers support TradingView integration. Choose a CMA-regulated broker that offers direct TradingView connection. Log into your broker platform, find the TradingView integration (often under 'Settings' or 'Tools'), and authorize the link. Your live charts will then show real-time quotes from your broker.

Using Indicators and Drawing Tools

TradingView offers hundreds of indicators. For Saudi traders, focus on trend-following tools like Moving Averages (50 and 200 periods) and RSI for entry signals. Use the drawing tools to mark support and resistance levels on USD/SAR or EUR/USD pairs. Save your chart layouts for quick access.

Placing Trades from TradingView

Once connected to your broker, you can place trades directly from TradingView charts. Click the 'Trade' button on the top toolbar, set your lot size (micro or standard), and choose your stop-loss and take-profit levels. Ensure your broker offers Islamic accounts to avoid swap fees on overnight positions.

Saudi Arabia traders face unique requirements when using TradingView. First, you must use a broker regulated by the CMA (Capital Market Authority) to stay compliant. Second, Islamic accounts are critical because standard accounts charge swap fees on overnight positions, which is not permissible under Sharia law. Many CMA-regulated brokers offer swap-free accounts for Saudi clients. Third, local payment methods like STC Pay, Bank Transfer (including Al Rajhi Bank and SABB), and Credit Card (Visa/Mastercard) are commonly accepted by brokers that integrate with TradingView. STC Pay is especially popular for instant deposits in SAR with zero fees. When connecting your broker to TradingView, verify that the broker supports these payment methods and provides a direct TradingView integration without additional costs. Always check the broker's Sharia compliance certificate before funding your account.

1. Choose a CMA-Regulated Broker
   Select a forex broker that is licensed by the Capital Market Authority (CMA) in Saudi Arabia. Ensure they offer Islamic accounts and TradingView integration. Examples include brokers like XTB or IG (check current CMA list).
2. Open an Islamic Account
   During registration, choose a swap-free Islamic account. Provide your Saudi national ID (Iqama) and proof of address. Set account currency to SAR to avoid conversion fees.
3. Deposit Funds Using Local Methods
   Use STC Pay for instant deposits (minimum 100 SAR), Bank Transfer for larger sums (free but takes 1-2 days), or Credit Card for quick funding. Most brokers accept SAR.
4. Connect Your Broker to TradingView
   Log into your broker platform, go to 'Integrations' or 'TradingView', and authorize the connection. Your live account will appear in TradingView's trade panel.
5. Start Analyzing and Trading
   Use TradingView's charts to analyze USD/SAR, EUR/USD, or other pairs. Set alerts, draw trendlines, and place trades directly from the platform. Monitor your positions with Islamic account settings.

Yes, using TradingView for forex analysis is completely legal in Saudi Arabia. TradingView is a charting and social trading platform, not a broker, so it does not require CMA licensing. However, the forex broker you connect to TradingView must be regulated by the Capital Market Authority (CMA) to comply with local laws. Using TradingView with an unregulated broker is illegal and risky. Always confirm your broker's CMA status on the official CMA website. The platform itself is widely used by Saudi traders and financial institutions for market analysis.

Step 1: Choose a broker that meets Saudi Arabia's specific needs. Look for a broker regulated by the CMA (Capital Market Authority) for legal compliance. Ensure they offer Islamic (swap-free) accounts, as standard accounts charge overnight interest which is not Sharia-compliant. The broker must accept local payment methods like STC Pay (instant deposits in SAR), Bank Transfer (e.g., Al Rajhi, SABB), and Credit Card (Visa/Mastercard). Check for TradingView integration — many brokers now offer direct connection. Compare spreads, commissions, and minimum deposits. Popular CMA-regulated brokers include XTB, IG, and others (check current list). Avoid brokers that are not CMA-approved, as they are illegal in Saudi Arabia.

Step 2: Prepare the required documents for broker verification in Saudi Arabia. You will need a clear copy of your Saudi national ID (Iqama) for residents, or a valid passport for expats. For proof of address, provide a recent utility bill (electricity, water) or bank statement from a Saudi bank like Al Rajhi or SABB. If you request an Islamic account, some brokers may ask for a declaration of faith or additional documentation. Ensure all documents are in Arabic or English and not expired. The verification process typically takes 1-2 business days. Keep digital copies ready for upload during registration.

1. Visit the broker's website
   Go to the official website of your chosen CMA-regulated broker. Look for the 'Register' or 'Open Account' button. Ensure the URL is secure (https) and matches the broker's official name.
2. Enter your personal details
   Provide your full name (as on Iqama), email address, phone number (Saudi mobile), and residential address in Saudi Arabia. Use accurate information to avoid verification delays.
3. Choose account type
   Select 'Islamic Account' or 'Swap-Free Account' from the dropdown menu. If not available, contact support to request it. Also choose the account base currency as SAR (Saudi Riyal).
4. Set account currency to SAR
   Select SAR as your base currency to avoid conversion fees when depositing and withdrawing. This also helps you track profits in your local currency.
5. Verify your email
   Check your inbox for a verification email from the broker. Click the link to confirm your email address. If not found, check spam folder. This step is mandatory to proceed.

Step 4: Complete the KYC (Know Your Customer) process. After registration, upload your Saudi national ID (Iqama) or passport for identity verification. For address verification, upload a recent utility bill or bank statement from a Saudi bank. The broker will review your documents within 1-2 business days. Tips: Ensure documents are clear, not expired, and in color. Use a scanner or high-resolution photo. If you are an expat, your Iqama must be valid. Some brokers also require a selfie with your ID. Once approved, you can proceed to deposit and connect TradingView. KYC is mandatory under CMA regulations to prevent money laundering.

Step 5: Deposit funds into your broker account. In Saudi Arabia, you have three main options. STC Pay: Instant deposits with zero fees, minimum 100 SAR. Ideal for quick starts. Bank Transfer: Free but takes 1-2 business days. Use local banks like Al Rajhi, SABB, or NCB. Minimum deposit often 500 SAR. Credit Card: Instant, but may have fees (2-3%). Supported cards: Visa, Mastercard. Most brokers accept SAR directly, so no currency conversion needed. Choose the method that suits your urgency and fee tolerance. After deposit, the funds appear in your broker account within minutes (for STC Pay/Credit Card) or days (Bank Transfer). Then you can connect to TradingView and start trading.

Step 6: Set up TradingView on your devices. TradingView is available as a web app (tradingview.com), desktop app (Windows/Mac), and mobile app (iOS/Android). For Saudi traders, the mobile app is convenient for monitoring trades on the go. Download from the App Store or Google Play. Log in with your TradingView account, then connect your broker via the 'Trade' panel. Ensure your broker's integration is active. On mobile, you can set price alerts, draw charts, and place trades directly. The desktop version offers more screen space for multiple charts. All versions are free to use with basic features.

For Saudi traders, TradingView offers several advantages over MT4. First, TradingView is web-based and works on any device without installation, while MT4 requires a download. Second, TradingView has a modern interface with social features, making it easier to learn from other traders. Third, TradingView's free plan includes more indicators than MT4's default set. However, MT4 is still widely used for automated trading (Expert Advisors). If you use EAs, stick with MT4. For manual analysis and social trading, TradingView is superior. Both platforms are legal in Saudi Arabia when used with a CMA-regulated broker. Choose based on your trading style.

The Capital Market Authority (CMA) regulates forex brokers in Saudi Arabia. Any broker you connect to TradingView must be licensed by the CMA to operate legally in the kingdom. The CMA ensures brokers segregate client funds, provide negative balance protection, and offer transparent pricing. TradingView itself is not regulated by the CMA because it is a software provider, not a financial institution. However, using TradingView with an unregulated broker violates CMA rules. Always verify a broker's CMA license on the CMA website before depositing funds. The CMA also requires brokers to offer Islamic accounts upon request, which is critical for Saudi traders.

• Use the SAR Currency Pair: Add USD/SAR to your watchlist on TradingView to monitor the Saudi Riyal peg. This helps you understand local forex dynamics.
• Enable Alerts for Riyal Movements: Set price alerts on USD/SAR near 3.75 to catch any potential peg adjustments. Use TradingView's mobile app for instant notifications.
• Leverage Social Trading: Follow top Saudi traders on TradingView's social feed. Learn from their strategies and copy their ideas for better results.
• Test with a Demo Account: Before depositing real SAR, use TradingView's paper trading feature with a demo broker account. Practice your strategies risk-free for 30 days.
• Check Broker Fees Daily: Since Islamic accounts may have wider spreads, monitor the spread on TradingView's chart. Compare with your broker's fee schedule to avoid surprises.

TradingView is an excellent tool for Saudi Arabia forex traders, offering powerful analysis features and easy broker integration. To get started, choose a CMA-regulated broker that offers Islamic accounts and supports local payments like STC Pay, Bank Transfer, or Credit Card. Connect your broker to TradingView, practice with a demo account, and then trade live with small amounts. Remember to set stop-losses and monitor your positions regularly. For more detailed broker comparisons and updates on CMA regulations, visit comparebroker.io. Start your TradingView journey today and enhance your forex trading experience in Saudi Arabia.