How do I open a trading account in Saudi Arabia?

Opening a Saudi trading account is now fully online. You need a National ID (for Saudis) or Iqama (for residents), an Absher e-services account for verification, registration in the National Address system, and a local bank IBAN. Most brokers complete setup within one business day.

Can GCC residents open Saudi brokerage accounts?

Yes. GCC nationals have been allowed to invest in Tadawul for years. As of 2025, even GCC resident expats (non-nationals living in GCC countries) can open accounts and directly trade Saudi stocks with proper identification.

What is the difference between Main Market and Nomu?

The Main Market (TASI) hosts large and mid-cap companies and is open to all investors. Nomu is a parallel market for smaller, high-growth companies restricted to Qualified Investors only, such as institutions or individuals with relevant financial certifications.

Which Saudi broker is best for beginners?

For beginners, Sahm Capital offers the simplest onboarding (3-minute signup) and user-friendly interface. Derayah Financial is excellent for education with tutorials and webinars. Al Rajhi Capital combines ease of use with comprehensive features.

What are the typical trading fees in Saudi Arabia?

Most Saudi brokers charge similar trading commissions around 0.105% per trade. Some may have additional fees for specific services. Always check the fee schedule before opening an account.

Do I need a Saudi bank account to trade?

You need a Saudi bank IBAN for funding and withdrawals, but many brokers (like Derayah, Aljazira Capital, and Sahm) allow you to link any Saudi bank account rather than requiring you to bank with them specifically.

Best Saudi Stock Brokers 2025 - Compare Tadawul Trading Accounts

Getting Started with Saudi Stock Investing

The Saudi Exchange (Tadawul) is the largest stock market in the Middle East, offering access to blue-chip companies, growth stocks, ETFs, and Islamic sukuk. Whether you're a Saudi citizen, GCC national, or qualified foreign investor, opening an account is now faster than ever.

Below, we compare all major brokers by trading volume, features, and accessibility. Use the filters to find the platform that matches your needs.

Available Markets

Main Market (TASI)

Nomu (Parallel)

ETFs

Sukuk & Bonds

Saudi Stock Brokers (26)

Ranked by online trading volume — October 2025

Al Rajhi Capital

Al Rajhi Bank

Main Nomu Etf Sukuk

#1 by trading volume
Shariah-compliant filter
Instant setup for bank customers

Online Signup

GCC Access

Any Bank OK

SNB Capital

SNB Bank (AlAhli)

Main Nomu Etf Sukuk

#2 market share
Strong research team
Institutional-grade tools

Online Signup

GCC Access

Any Bank OK

Derayah Financial

Independent

Main Nomu Etf Sukuk

Best for education
TradingView integration
No bank account required

Online Signup

GCC Access

Any Bank OK

Aljazira Capital

Bank AlJazira

Main Nomu Etf Sukuk

24/7 instant activation
Any bank IBAN accepted
Solid research

Online Signup

GCC Access

Any Bank OK

Riyad Capital

Riyad Bank

Main Nomu Etf Sukuk

Trade via ATM
Margin available
Multiple channels

Online Signup

GCC Access

Any Bank OK

Alinma Investment

Alinma Bank

Main Nomu Etf Sukuk

Seamless banking
Islamic bank
Reliable platform

Online Signup

GCC Access

Any Bank OK

Sahm Capital

Fintech (Independent)

Main Nomu Etf

Best for beginners
US stocks available
1M+ users in year one

Online Signup

GCC Access

Any Bank OK

Saudi Fransi Capital

Banque Saudi Fransi

Main Nomu Etf Sukuk

Margin available
Strong research
BSF integration

Online Signup

GCC Access

Any Bank OK

ANB Capital

Arab National Bank

Main Nomu Etf Sukuk

Integrated banking
Simple interface

Online Signup

GCC Access

Any Bank OK

#10

SAB Invest

Saudi Awwal Bank

Main Nomu Etf Sukuk

SAB banking integration
Established platform

Online Signup

GCC Access

Any Bank OK

#11

Alistithmar Capital

Saudi Investment Bank

Main Nomu Etf Sukuk

SAIB integration
Web-based platform

Online Signup

GCC Access

Any Bank OK

#12

Albilad Capital

Bank Albilad

Main Nomu Etf Sukuk

International access
Islamic bank
Global markets

Online Signup

GCC Access

Any Bank OK

#13

Musharaka Capital

Independent

Main Nomu Etf

Islamic focus
Fund management
Shariah expertise

Online Signup

GCC Access

Any Bank OK

#14

HSBC Saudi Arabia

HSBC

Main Nomu Etf Sukuk

Global reach
Premium banking
International expertise

Online Signup

GCC Access

Any Bank OK

#15

Jadwa Investment

Independent

Main Nomu Etf Sukuk

Top-tier research
Institutional quality
Diversified services

Online Signup

GCC Access

Any Bank OK

#16

Yaqeen Capital

Independent (formerly Falcom)

Main Nomu Etf Sukuk

Non-resident foreigners OK
Regional coverage
AI-based insights

Online Signup

GCC Access

Any Bank OK

#17

Emirates NBD Capital KSA

Emirates NBD

Main Nomu Etf Sukuk

GCC connectivity
UAE bank backing
Cross-border ease

Online Signup

GCC Access

Any Bank OK

#18

GIB Capital

Gulf International Bank

Main Nomu Etf Sukuk

Institutional grade
GCC regional bank
Advisory expertise

Online Signup

GCC Access

Any Bank OK

#19

SICO Capital

SICO (Bahrain)

Main Nomu Etf

Bahrain-based
Regional expertise
Institutional focus

Online Signup

GCC Access

Any Bank OK

#20

AlKhabeer Capital

Independent

Main Nomu Etf Sukuk

Islamic finance
Alternative investments
PE expertise

Online Signup

GCC Access

Any Bank OK

#21

Al Nefaie Investment

Independent

Main Nomu Etf

Proven track record
Reliable execution

Online Signup

GCC Access

Any Bank OK

#22

Al-Khair Capital

Independent

Main Nomu Etf

Islamic focus
Fund expertise

Online Signup

GCC Access

Any Bank OK

#23

Arbah Capital

Independent

Main Nomu Etf

Islamic investments
Real estate focus

Online Signup

GCC Access

Any Bank OK

#24

EFG Hermes KSA

EFG Hermes (Regional)

Main Nomu Etf

Best regional research
Multi-GCC access
Professional grade

Online Signup

GCC Access

Any Bank OK

#25

Credit Suisse Saudi Arabia

Credit Suisse (UBS)

Main Nomu Etf Sukuk

Ultra-high-net-worth
Global expertise
Private banking

Online Signup

GCC Access

Any Bank OK

#26

Osool & Bakheet (OBIC)

Independent

Main Nomu Etf

Pioneer broker
Decades of experience

Online Signup

GCC Access

Any Bank OK

How to Open a Trading Account

Account requirements for Saudi and GCC investors

Saudi Citizens

National ID (age 18+)
Absher e-services account
National Address registration
Saudi bank IBAN

Most accounts activate same business day

Saudi Residents (Expats)

Valid Iqama residency ID
Absher e-services account
National Address registration
Saudi bank IBAN

Same process as Saudi citizens

GCC Nationals

GCC country ID or Saudi Iqama
Passport (for verification)
Proof of GCC residency
Local or GCC bank IBAN

May require manual KYC if no Absher

Typical Onboarding Process

1 Visit broker website or app

2 Verify via Absher OTP

3 Complete financial profile

4 Link bank IBAN

5 Start trading!

Saudi Exchange Market Types

Understanding what you can trade and who can access each market

Main Market (TASI)

The primary market hosting all large-cap and most mid-cap Saudi companies. This is where you'll find household names like Aramco, Al Rajhi Bank, and SABIC.

Who can trade:

Saudi citizens
GCC nationals
Foreign residents
Qualified Foreign Investors

Nomu (Parallel Market)

An alternative market for smaller, high-growth companies with lighter listing requirements. Higher risk but potential for greater returns.

Who can trade:

Qualified Investors only
Requires CMA qualification
Finance degree may qualify

Exchange-Traded Funds

Funds traded like stocks that track indexes, sectors, or asset classes. Great for beginners seeking diversified exposure with a single trade.

Who can trade:

All account holders
No special permission needed
Part of Main Market access

Sukuk & Bonds

Saudi government and corporate Islamic bonds (sukuk) for fixed-income investment. Lower risk than equities with regular profit distributions.

Who can trade:

All account holders
May require phone order
Higher minimums typical

Frequently Asked Questions

Which broker is best for beginners?

Sahm Capital offers the simplest experience with 3-minute signup and a clean mobile app. Derayah Financial excels at education with tutorials, webinars, and TradingView integration. Al Rajhi Capital combines ease of use with comprehensive features and top market share.

Do I need a specific bank account?

Most brokers accept any Saudi bank IBAN for funding. Bank-affiliated brokers (like SNB Capital, Alinma) may offer faster setup if you already bank with them, but it's not required. Derayah, Aljazira Capital, and Sahm explicitly support any bank.

What are the trading fees?

Most brokers charge around 0.105% per trade (commission to broker + exchange fees). Some may have minimum fees or additional charges for specific services. Always review the full fee schedule before opening an account.

Can I trade from outside Saudi Arabia?

GCC nationals can trade remotely. Non-GCC foreigners can invest through Qualified Foreign Investor (QFI) status or certain brokers like Yaqeen Capital that support non-resident onboarding. Some brokers require in-person verification for non-residents.

How do I qualify for Nomu trading?

Nomu requires "Qualified Investor" status under CMA rules. This includes: licensed financial professionals, portfolios above certain thresholds, or individuals with relevant certifications. In 2025, those with Bachelor's degrees in finance, investment, or accounting may also qualify.

Are there Shariah-compliant options?

Yes. Many Tadawul stocks are Shariah-compliant. Al Rajhi Capital offers a built-in Shariah filter that blocks non-compliant stocks. Islamic banks like Alinma and Bank Albilad naturally focus on compliant investments.

Ready to Start Investing?

Once you open your account, use SIGMIX for AI-powered market intelligence to make informed decisions.

Try SIGMIX Free Read the Guide

Compare Tadawul Brokers

Getting Started with Saudi Stock Investing

Available Markets

Filter Brokers

Saudi Stock Brokers (26)

Saudi Citizens

Saudi Residents (Expats)

GCC Nationals

Typical Onboarding Process

Main Market (TASI)

Nomu (Parallel Market)

Exchange-Traded Funds

Sukuk & Bonds

Which broker is best for beginners?

Do I need a specific bank account?

What are the trading fees?

Can I trade from outside Saudi Arabia?

How do I qualify for Nomu trading?

Are there Shariah-compliant options?

Ready to Start Investing?

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