XM secures UAE SCA Category Five license
Leading online broker XM has announced that it has officially obtained a Category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates for new subsidiary XM Financial Products Promotion LLC, marking another key milestone in its continued global expansion.
The company said that the approval by the SCA reflects XM’s dedication to operating under robust regulatory standards while continuing to provide a secure, transparent and client-first 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,” said 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.”
The new license strengthens XM’s regional presence and enables the company to directly serve traders in Dubai and across the Emirates, bringing local clients closer to XM’s established global ecosystem of products, educational resources and support.
The new authorization allows XM to offer its full range of trading services and trusted products across the UAE through its new website, www.xm.ae. The site is currently available in Arabic and English.
Clients who register with XM enjoy seamless onboarding and access to superior trading conditions, a wide range of products and trading tools, free education, and award-winning support.
About XM
XM is an internationally established trading and investment firm, with over 15 million clients, from over 190 countries. Armed with multiple international licenses, XM offers competitive services for retail traders, investors, and affiliates.
With over 15 years of serving clients, XM has proven to be fair, trustworthy, and dependable. Traders can access over 1,400 instruments on more than 10 platforms, including the XM App. The award-winning broker is known for its wide range of products, excellent support, and outstanding live education.
XM.com is operated from mainly from Cyprus via CySEC licensed Trading Point Of Financial Instruments Ltd, and is controlled by founder and former CEO Costas Cleanthous.
December 8, 2025 @ 12:06 pm
It’s like they are getting a new licence every month, what an achievement tho. Having more licences would just increase their local and internationa presence, and just solidify the reputation. Good of them to get better despite being on the top.
December 12, 2025 @ 2:23 pm
getting a license from Securities and Commodities Authority (SCA) of the United Arab Emirates is a major step for ensuring strong regulatory framework for the broker….
I know that UAE Dubai has become like UK’s London , a financial center. Also the county has done a lot to apply strict regulations for brokerage firms. THe reason companies go the region is as I know eased taxing policies. But at the same time to enjoy that taxation, companies are thorougly checked. Therefore, xm get an extra shied in terms of being regulated. Consequently, traders’ funds are well protected
December 16, 2025 @ 3:27 pm
Oh, I didn’t know that they got another trading license. It’s almost like they’re on a mission to collect them, just like Thanos with the infinity stones 😀 I think nobody really doubts them at the moment in terms of reliability, because they are too big and well regulated to make any wrong move as it may ruin their reputation quickly. Anyway, so far, nothing like that has happened, and they are still thriving forward.
December 20, 2025 @ 7:52 pm
i’m just welcoming such moves from the broker! The guys deserve to be called credible and reliable