Exness vs IC Markets for residents of Saudi Arabia

This is a filter, not a ranking or a recommendation: lists are ordered by regulatory profile, then alphabetically. We have not verified that any broker shown accepts residents of Saudi Arabia.

Saudi Arabia’s financial authorities are the Capital Market Authority (CMA) and the Saudi Central Bank (SAMA). Check the company that signs your agreement against their lists of licensed entities, and ask your bank and the broker which funding routes work for Saudi residents, because SAMA also sets rules on how banks handle transfers to foreign financial firms.

Side by side

Exness

IC Markets

Type

ExnessCFD / forex broker

IC MarketsCFD / forex broker

Regulation

ExnessBVI FSC, FSCA, Mauritius FSC, Seychelles FSA, Kenya CMA, Jordan JSC (plus EU/UK entities for those regions)

IC MarketsASIC 335692, CySEC 362/18, Kenya CMA 199, Seychelles FSA SD018, Bahamas SCB

Protection profile

ExnessMixed

IC MarketsMixed

Compensation scheme

ExnessJordan JSC JOD 10,000; Kenya CMA KES 50,000; none for BVI/Mauritius/Seychelles

IC MarketsASIC/CySEC entities per local schemes; offshore entities none

Minimum deposit

Exness$10

IC Markets$200

Islamic / swap-free

ExnessSwap-free account listed; terms not spelled out

IC MarketsIslamic swap-free account available; terms not described

Inactivity fee

ExnessNone

IC MarketsDiffers between sources

Platforms

ExnessMT4, MT5

IC MarketsMT4, MT5, cTrader, TradingView

Highlighted rows differ between the two brokers.

Differences that matter

Minimum deposit: Exness lists the lower figure ($10) against $200 for IC Markets.
Inactivity fee: Exness lists none, while IC Markets lists one or sources differ.
Platforms: IC Markets adds cTrader.

What to check on each

Exness: Gulf clients are usually placed with an offshore entity; check the company in your agreement.
IC Markets: Check which entity holds your account; US residents not accepted.

Before you choose

Ask the broker which company would hold your account, whether it has any contract with a licensed Saudi bank or exchanger, and which funding routes it supports for Saudi residents. Get the answers in writing before you transfer money. We have not checked whether either one accepts residents of Saudi Arabia.

All lists and comparisons for Saudi Arabia

CFDs and leveraged products carry a high risk of losing your money quickly. This page is information, not legal, financial or religious advice, and it is based on published sources up to October 2026. Rules and warning lists change: check the regulator’s own site before you deposit.

Sources: regulator websites for Saudi Arabia; our broker catalog, compiled from published reviews and regulator registers (October 2026).