XM Strengthens UAE Operations with Newly Granted SCA License
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XM, a globally recognized broker trusted by more than 15 million clients worldwide, has secured a Category 5 license from the United Arab Emirates Securities and Commodities Authority (SCA), a major milestone in the company’s international expansion strategy.
The license highlights XM’s commitment to complying with strong regulatory practices and its continued efforts to deliver a secure, transparent, and client-focused trading environment.
“The UAE has established itself as a world-class financial hub, and receiving authorization from the SCA underscores our commitment to long-term growth and trust in the region,” commented Menelaos Menelaou, co-Chief Executive Officer, XM. “We are proud to now offer UAE clients the same award-winning services and high standards of transparency that define XM globally.”
With this approval, XM strengthens its presence across the Emirates, supporting traders in Dubai and beyond with direct access to its global suite of products, educational materials, and professional assistance.
The license enables XM to provide its complete lineup of trading services and reputable products across the UAE via its new website, www.xm.ae, available in both English and Arabic.
Clients who sign up with XM benefit from an easy onboarding process, top-tier trading conditions, a broad selection of instruments and tools, complimentary educational content, and award-winning customer support.
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About XM
XM is an internationally recognized investment and trading company with a client base of more than 15 million users across more than 190 countries. Holding multiple global licenses, XM delivers competitive offerings for traders, investors, and affiliates.
With over 15 years of industry experience, XM has built a reputation for fairness, reliability, and integrity. The broker provides access to more than 1,400 instruments through over 10 platforms, including the XM App, and is widely respected for its diverse product range, exceptional service, and top-tier live education.
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xm’s realiability was number 1 thing I considered before starting my trading with them. They have 3 regulations, which made me feel safer.I mean i didn’t wanna join the broker about whom I haad to worry. Fortunately, they are credible, and subsequent experienced proved it more. so it’s nice that xm is going even bigger. Wish them expand more.
I guess there are a lot of people who are going to trade with XM broker after this news. Especially when they’ve got a Dubai license, most traders from different countries will relocate to the UAE, I’ve seen how a few crypto bloggers joined XM because of that. I hope one day I will be able to make my dream come true, I want to live in Dubai and live off trading on markets.
This was a smart move. I’m sure that this will further strengthen their position in the MENA region. Not that anyone had any doubts about their legitimacy, but obtaining a local licence is a smart move. Now, for UAE based traders XM becomes prolly one of the best choices to trade with
This is a serious achievement for XM broker, not many organizations are able to get a license from the SCA regulator. Seeing how they get new licenses year after year, makes me think i don’t need to worry about their reputation and i’m pretty confident that my funds are in safe hands.
I’m going to visit Dubai soon, and I’d like to see their office there. Maybe they will think about it, I mean why not, Dubai is a business city and lots of people are arriving there every year. Many people will be surprised how a broker of such a level managed to collect licenses from different top-notch regulators. No wonder why they have more than 15 millions of customers.