XM Secures SCA License, Strengthening Its Presence in the UAE

XM, a globally recognized brokerage firm serving over 15 million clients, has obtained a Category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates. This regulatory milestone underscores XM's commitment to operating under stringent oversight while expanding its footprint in the MENA region.

The license enables direct access to traders in Dubai and surrounding Emirates, integrating them into XM's established ecosystem of trading products, educational resources, and multilingual support. Clients gain access to competitive conditions across asset classes through the newly launched Arabic and English platform.

"This authorization reflects our decade-long dedication to regulatory compliance and client-focused innovation," stated Menelaos Menelaou, co-CEO of XM. The firm now holds multiple international licenses, reinforcing its position as a trusted intermediary for retail and institutional traders alike.