XM review: XM boosts UAE expansion with SCA license
XM, one of the world’s most established multi-regulated brokers, has strengthened its position in the Middle East by securing a Category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates.
The authorization marks a significant step in XM’s global expansion strategy and deepens the company’s long-term commitment to one of the fastest-growing financial markets in the world.
Approval from the SCA – widely regarded as one of the region’s most rigorous regulatory bodies – reinforces XM’s dedication to operating with the highest standards of transparency, security, and client protection.
Menelaos Menelaou, Co-Chief Executive Officer of XM, emphasized the strategic importance of entering the UAE market. He noted that the United Arab Emirates has firmly established itself as a world-class financial hub, and securing authorization from the SCA reaffirms the company’s long-term commitment and the trust it aims to build in the region. Menelaou added that XM is now positioned to offer clients in the UAE the same award-winning services, high transparency standards, and quality of execution that define the brand globally.
Broader access and tailored services for UAE traders
With the new license, XM can now serve traders across Dubai and the wider Emirates more efficiently, offering direct access to its global ecosystem of trading products, technologies, and educational resources. To support this expansion, the broker has launched a dedicated regional website, www.xm.ae, available in both Arabic and English.
What UAE clients will gain
The SCA authorization allows XM to provide its complete offering of trading and investment services in the UAE, including:
• streamlined onboarding with enhanced verification;
• access to 10+ advanced trading platforms, including the XM App;
• more than 1,400 instruments across major asset classes;
• comprehensive educational programs, daily analysis, and webinars;
• award-winning multilingual support, ensuring responsive assistance for local clients.
This regulatory milestone not only strengthens XM’s regional capabilities but also aligns with the UAE’s broader vision of building a diversified, innovation-driven financial ecosystem.
About XM
XM is a globally established trading and investment company serving more than 15 million clients across over 190 countries. The broker operates under multiple international licenses and delivers competitive conditions for retail traders, investors, and partners. With over 15 years of consistent market presence, XM has built a reputation for transparency, a reliable trading ecosystem, and industry-leading educational programs. Clients can trade more than 1,400 instruments on more than ten platforms, including the award-winning XM App.
Risk Warning: Trading carries significant risks and may result in the loss of your invested capital. Terms and conditions apply.
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