XTB gets Category 1 (and 2) licenses from UAE CMA
Poland based Retail FX and CFDs broker XTB SA (WSE:XTB) has announced that it has received Category 1 and Category 2 licenses from the UAE’s Capital Market Authority (CMA) for its UAE subsidiary, XTB Financial Services LLC. The licenses position XTB as a leading broker in the Middle East, allowing it to offer local investors not only the full brokerage range but also more advanced investment products in the future.
The company said that the licenses represent a major milestone in XTB’s regional growth in the Middle East, strengthening its ability to support local investors under UAE regulations. With CMA Category 1 and Category 2 licenses, XTB can further localise its operations and reinforce its long-term commitment to clients across the UAE and the wider Gulf.
XTB had previously been operating in the UAE via the Dubai DIFC, since 2021, when former ADSS executive Achraf Drid joined the company as Managing Director and Senior Executive Officer for the Middle East and North Africa.
Achraf Drid, Managing Director, XTB MENA, commented,
“Receiving authorisation from the CMA is an important development for our business in the region. It enables us to operate with greater proximity to our clients while adhering to one of the most respected regulatory environments globally.
“The UAE has created a highly attractive ecosystem for financial services firms, combining regulatory clarity with long-term economic vision. This is a market where we see sustained opportunity, and where we intend to build for the future.”
As the UAE accelerates its role in global finance, XTB said it is strengthening its presence in the region with a new regulatory milestone. This underscores a broader industry shift, as leading global players increasingly prioritise deeper, locally regulated structures in strategically important markets.
About XTB
XTB empowers people worldwide to make their money work smarter and safer. The XTB investing app helps over 2.16 million people achieve their financial goals. With XTB, customers can invest in stocks and ETFs, create personalized investment plans, and trade CFDs on indices, currencies, and commodities. In selected European markets, they can put their money to work with local tax-advantaged products (ISA in the UK and PEA in France) and retirement accounts (IKE and IKZE in Poland), earn interest on uninvested funds and manage online and in-store payments, along with ATM withdrawals in multiple currencies using the eWallet.
XTB investing app is a top destination for investing, market analysis and education. We offer an extensive library of educational materials, videos, webinars and courses to help our customers become better investors, irrespective of their trading experience. Our customer service team provides support in 20 languages and is available 24/5 via email, chat or phone.
With 17 offices across the globe, XTB is a trusted employer for over 1,400 people – with more than 40% focused on continuously innovating proprietary investment technology.
Founded in 2004 in Poland, XTB is a technology-driven company regulated by multiple authorities worldwide, including the Polish Financial Supervisory Authority, the Cyprus Securities and Exchange Commission and the Financial Conduct Authority. XTB has been listed on the Warsaw Stock Exchange since 2016.
