XTB expands in Dubai with new office and strengthened UAE presence

Poland-listed broker XTB (WSE:XTB) has strengthened its Middle East presence by opening a new office in One Central at the Dubai World Trade Centre. This follows its recent UAE Securities and Commodities Authority (SCA) license approval and renewal of its Dubai Financial Services Authority (DFSA) license.

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Managing Director Achraf Drid emphasized the UAE’s importance and the move’s role in enhancing security, transparency, and investment opportunities.

Beyond Dubai, XTB continues global expansion with recent licenses in Indonesia and Chile. The broker also leads the CFD industry in active accounts, surpassing 555,000 in Q4 2024, with a 15.8% revenue increase to PLN 1.87 billion.