XM has officially obtained a Category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates (UAE) for its new subsidiary, XM Financial Products Promotion LLC, marking a significant milestone in the company’s ongoing international expansion.
According to XM, the SCA approval highlights the firm’s dedication to operating under stringent regulatory standards while maintaining a secure, transparent, and client-focused trading environment.
XM Launches UAE Operations Following SCA License Approval
“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 of XM. “We are proud to now offer UAE clients the same award-winning services and high standards of transparency that define XM globally.”
This new license strengthens XM’s regional footprint, allowing the company to directly serve traders in Dubai and across the Emirates. Local clients will gain enhanced access to XM’s global ecosystem of products, educational resources, and client support services, all tailored to meet regional needs.
With the authorization in place, XM can now offer its full suite of trading services and trusted products across the UAE through its dedicated website, www.xm.ae, which is available in both Arabic and English. The platform ensures seamless account registration, easy onboarding, and immediate access to superior trading conditions.
XM clients in the UAE will benefit from a wide range of products and trading tools, comprehensive educational resources, and award-winning customer support designed to enhance the trading experience. The company emphasizes that this expansion aligns with its mission to deliver secure and transparent financial services to clients worldwide.
By obtaining the Category 5 license, XM not only reinforces its commitment to the UAE market but also demonstrates its ongoing dedication to providing regulated, client-first services in key financial regions globally.
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