Regulation

Is XM Regulated in the UAE? DFSA Licence Explained

BrokrRank Editorial Team
4 min read

Yes. XM is licensed in the UAE by the DFSA through Trading Point MENA Limited (ref. F003484). What the licence covers and how to verify it.

Yes. XM is licensed in the UAE by the Dubai Financial Services Authority (DFSA) through Trading Point MENA Limited, reference F003484. The firm is based in the Dubai International Financial Centre (DIFC), a financial free zone with its own regulator.

Key Facts About XM UAE Regulation

MetricDetail
RegulatorDubai Financial Services Authority (DFSA)
Licensed entityTrading Point MENA Limited
ReferenceF003484
Licence date10 September 2019
Legal statusA company incorporated in the DIFC
Permitted activitiesArranging Deals in Investments; Dealing in Investments as Principal (matched principal only)
Retail clientsYes, endorsed to serve Retail Clients and to hold or control client assets
Where to verifyDFSA Public Register

What Does XM's UAE Licence Allow?

According to the DFSA Public Register, Trading Point MENA Limited holds these permissions: Arranging Deals in Investments; Dealing in Investments as Principal (matched principal only). Yes, endorsed to serve Retail Clients and to hold or control client assets.

"Matched principal" means the firm offsets each client trade with another counterparty at the same time, instead of holding the opposite position on its own books.

XM has also been reported to hold a Category 5 licence from the federal regulator (then the SCA, now the Capital Market Authority) since December 2025. A Category 5 licence covers marketing and promoting services to UAE clients. It does not allow a firm to hold client money or execute trades, so for trading the DFSA licence is the one that matters.

Which XM Entity Will You Sign Up With?

XM is part of a group with entities in several countries. Holding a UAE licence does not guarantee that every UAE resident is onboarded to the UAE entity. Before you deposit, check the company name in your client agreement. If it names Trading Point MENA Limited, your account falls under the DFSA. If it names an entity in another country, that country's regulator applies instead.

How Can You Check XM's Licence Yourself?

  1. Open the DFSA Public Register.
  2. Confirm the firm name is Trading Point MENA Limited and the reference is F003484.
  3. Check the permitted activities match what you plan to do, such as trading CFDs.
  4. Make sure the website and app you use link to this entity, since regulators regularly warn about clone sites that copy licensed firms' details.

For the full assessment of costs, platforms and safety read our XM review.

Where Can You Trade?

These assets are available as CFDs on the regulated brokers below. Capital at risk.

What Are the Key Takeaways?

XM holds a UAE licence from the DFSA through Trading Point MENA Limited (ref. F003484).

Yes, endorsed to serve Retail Clients and to hold or control client assets.

Check the entity named in your client agreement, because UAE protections only apply if you are onboarded to the UAE entity.

Verify the licence on the DFSA Public Register rather than relying on the broker's website.

CFDs are complex instruments and most retail accounts lose money; XM's own figure is shown on our review.

Frequently Asked Questions

Is XM regulated in the UAE?
Yes. XM is licensed by the Dubai Financial Services Authority (DFSA) through Trading Point MENA Limited, reference F003484.
Is XM safe for UAE traders?
XM holds a UAE licence, which means it is supervised by a UAE regulator. Safety also depends on which entity you are onboarded to, so check that your client agreement names Trading Point MENA Limited. Trading CFDs is high risk whichever broker you use.
How do I check XM's UAE licence?
Search the DFSA Public Register for Trading Point MENA Limited and confirm the reference F003484 and the permitted activities.

Capital at risk. Trading in financial instruments carries a high level of risk to your capital. This content is for informational purposes only and is not financial advice.

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