SNB Capital
Bank-owned brokerageSaudi National Bank's investment arm and Interactive Brokers' local Tadawul partner
- Entity:
- SNB Capital Company
- Group:
- Saudi National Bank
- HQ:
- Riyadh, Saudi Arabia
- Reviewed:
- 2026-10-08
SNB Capital is the investment banking and brokerage subsidiary of Saudi National Bank and the Kingdom's largest asset manager. It offers Saudi and international securities trading across 30 markets, and since October 2024 has acted as the local executing partner that gives Interactive Brokers' international clients access to the Saudi Exchange.
Capital Market Authority (CMA), Saudi Arabia
Checked on CMA register · Licence 37-06046 · 2026-10-08
Source
“Checked on CMA register” means an editor matched the licence number against the CMA’s list of authorised persons. “Stated by firm” means it appears only on the firm’s own site.
| Venue | Access | Executing broker / custodian |
|---|---|---|
| Saudi Exchange (Main Market) | Direct member | — |
| Nomu (Parallel Market) | Not verified | — |
| International | Via member broker 30 international markets stated. | — |
Client types: retail, institutional, corporate
Documents
- National ID (Saudi) or iqama (residents)
- Saudi bank account / IBAN
- Mobile number registered with Absher
| Component | Rate | VAT (15%) |
|---|---|---|
| Total trading commission (brokerage + Saudi Exchange + Edaa + CMA) Published maximum of 15.5 bps on executed value. VAT (15%) applies to the brokerage portion. | 0.155% | Not verified |
Illustrative SAR 10,000 order: SAR 15.50 vs SAR 15.50 at the 0.155% exchange ceiling.
Firm-specific Saudi rate not read; exchange ceiling shown.
SourceOur calculation from the published schedule, not a quote. Excludes FX, funding, custody and withdrawal costs.
Platforms: SNB Capital Online, SNB Capital app
CMA licence 37-06046 listed in the CMA register of authorised persons.
Source · retrieved 2026-10-08 · confidence high
Interactive Brokers launched Saudi Exchange access for international investors in partnership with SNB Capital (announced 21 October 2024).
Source · retrieved 2026-10-08 · confidence high
Still to confirm
- Published Saudi brokerage rate
- Nomu access
- Non-resident direct onboarding
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