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Brokerage giant XM granted official Dubai license

Global brokerage XM has secured a regulatory license from Dubai’s SCA, allowing it to officially promote its services in the UAE market and tap into the region’s high-value traders.

xm dubai sca license

Global brokerage firm XM has obtained a Category 5 investment license from Dubai’s Securities and Commodities Authority (SCA), expanding its presence in the Middle East.

 

Learn more about Top Forex and CFD broker XM Group

 

The license allows XM to promote its services within the UAE and refer clients to its international entities, though it cannot hold local client funds or execute trades. Operations are expected to begin by the end of 2025.

XM is among several brokers recently entering the Dubai market, attracted by the region’s high-value traders. Other firms, including Exinity and VT Markets, have also secured similar licenses.

XM

XM

Trading is a risky activity. Up to 69–80% of retail investors lose their money.

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This article aggregates publicly available market and broker updates from the source CMS. Verify time-sensitive data directly with official sources before making decisions.

Last update: Sep 16, 2025