Best brokers for commodities in Saudi Arabia
5 of the 7 brokers we review offer commodities to residents of Saudi Arabia. XTB takes first place, followed by two brokers picked from those that serve Saudi Arabia.
By Broksal Team, investing in forex and CFD markets since 2017. Updated . How we test
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
Top 3 commodity brokers for Saudi Arabia
- 1
Our top pick in Saudi Arabia
XTB
4.8Own platform, no minimum deposit, commission-free stocks and ETFs within a monthly limit
Commodity CFDs Gold, oil and other commodity CFDs on xStation 5, with sentiment data and an economic calendar built in.
- Minimum deposit
- No minimum
- Platforms
- xStation 5 (web & desktop), XTB mobile app
- Entity for Saudi Arabia
- XTB MENA Limited — DFSA (Dubai)
- CFDs
- Yes
Show pros, cons and feesHide details
xStation 5: Market Watch with sentiment tabs on the left, an EUR/USD hourly chart with one-click order entry, and open positions below. Account number blurred. What we like
- Publicly listed in Warsaw with KNF, FCA and CySEC oversight
- No minimum deposit
- xStation 5 is fast, clean and has built-in market sentiment and calendars
- Real stocks and ETFs commission-free up to €100,000 monthly turnover
Watch out for
- No MetaTrader or cTrader
- Since March 2026 the international entity accepts residents of only a short list of countries
- Inactivity fee after 12 months without trading
Fees
CFDs are priced through the spread on the Standard account. Real stocks and ETFs are commission-free up to €100,000 of monthly turnover, then 0.2% (minimum €10). Currency conversion and overnight swap costs apply.
Best for
Beginners and active traders who want one app for CFDs and real stocks.
- 2
IC Markets
4.6Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC)
Commodity CFDs Commodity, futures and bond CFDs on raw-spread accounts.
- Minimum deposit
- From $0 (varies by entity)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader +1
- Entity for Saudi Arabia
- Raw Trading Ltd (IC Markets Global) — FSA (Seychelles)
- CFDs
- Yes
Show pros, cons and feesHide details
IC EU homepage after the rebrand from IC Markets: raw spreads from 0.0 pips and leverage up to 1:30 for EU retail clients. What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
Best for
Cost-sensitive and algorithmic traders.
- 3
Interactive Brokers
4.7The widest market access here, with low costs and top-tier regulation
Futures and CFDs Commodity futures on global exchanges, plus commodity CFDs outside the US.
- Minimum deposit
- No minimum
- Platforms
- Trader Workstation (TWS), IBKR Desktop, Client Portal (web) +2
- Entity for Saudi Arabia
- Interactive Brokers LLC / regional affiliate — Top-tier regulators
- CFDs
- Yes
Show pros, cons and feesHide details
Interactive Brokers homepage, showing the desktop platform and mobile app and the new AI-assisted analysis integrations. What we like
- Listed on Nasdaq and regulated by top-tier authorities worldwide
- Access to stocks, options, futures and bonds on 150+ markets
- No minimum deposit and no inactivity fee
- Accepts residents of most countries
Watch out for
- Trader Workstation has a steep learning curve
- CFDs are not available to US residents
- Account opening asks for more documents than most brokers
Fees
Two pricing plans: Fixed (one all-in commission) and Tiered (lower exchange-based commission plus pass-through fees). CFD commissions are charged per trade, with financing on overnight positions. There is no inactivity fee.
Best for
Experienced investors who want access to global exchanges.
Also available in Saudi Arabia:
XM 4.6
IQ Option 4.1
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.
Commodities from Saudi Arabia: the rules
Offshore entities serving Saudi Arabia may allow higher leverage on commodities; oil and gold can move several percent in a day. Locally, financial services are supervised by the Capital Market Authority (CMA).
Best time to trade gold and oil from Riyadh
Gold and oil are usually most liquid while London and New York are both open: 16:30–18:30 local time (UTC+3, early October 2026). Commodity CFDs pause briefly each day and close at weekends.
Tax
Individuals do not pay personal income tax on trading profits in Saudi Arabia. Zakat rules may apply to investment holdings. This is general information, not tax advice. More on trading from Saudi Arabia.
All 7 brokers we review, checked for commodities in Saudi Arabia
| Broker | Status | Access | Entity for Saudi Arabia |
|---|---|---|---|
| XTB | #1 in this ranking | Commodity CFDs | XTB MENA Limited — DFSA (Dubai) |
| XM | Available | Commodity CFDs | Trading Point MENA Limited — DFSA (Dubai) |
| IC Markets | #2 in this ranking | Commodity CFDs | Raw Trading Ltd (IC Markets Global) — FSA (Seychelles) |
| Interactive Brokers | #3 in this ranking | Futures and CFDs | Interactive Brokers LLC / regional affiliate — Top-tier regulators |
| Freedom24 | Not available in Saudi Arabia | — | — |
| IQ Option | Available | Commodity CFDs | IQ Option international entity — Offshore entity |
| eToro | Not available in Saudi Arabia | — | — |
Commodities rankings in countries bordering Saudi Arabia
| Country | Brokers offering commodities | #1 |
|---|---|---|
| 🇮🇶 Iraq | 4 | XM |
| 🇯🇴 Jordan | 4 | XM |
| 🇰🇼 Kuwait | 6 | XTB |
| 🇴🇲 Oman | 6 | XTB |
| 🇶🇦 Qatar | 6 | XTB |
| 🇦🇪 United Arab Emirates | 6 | XTB |
| 🇾🇪 Yemen | 3 | XM |
Frequently asked questions
What is the best commodity broker in Saudi Arabia?
XTB, in our ranking. Gold, oil and other commodity CFDs on xStation 5, with sentiment data and an economic calendar built in. IC Markets and Interactive Brokers complete the top 3.
Which brokers offer commodities to residents of Saudi Arabia?
Of the brokers we review: XTB (commodity cfds), XM (commodity cfds), IC Markets (commodity cfds), Interactive Brokers (futures and cfds) and IQ Option (commodity cfds).
What are the rules for commodities in Saudi Arabia?
Offshore entities serving Saudi Arabia may allow higher leverage on commodities; oil and gold can move several percent in a day.
When is commodities most liquid in Saudi Arabia?
Usually 16:30–18:30 local time, while London and New York are both open (early October 2026 times).
What is the best broker for trading gold?
XTB leads our ranking where it is available. Use our gold calculator to see what each dollar of price movement is worth for your position.
Availability last checked 6 October 2026. Brokers change their country lists without notice; the broker's sign-up form is the final word.