XTB secures key CMA UAE licenses for regional expansion

XTB, a publicly traded global investment platform, has obtained Category 1 and Category 2 licences from the Capital Market Authority (CMA) of the United Arab Emirates. The approval allows its UAE subsidiary to operate as a regulated broker in the country, offering a full range of brokerage services and paving the way for more sophisticated investment products.

The licences mark a significant step in XTB's regional expansion strategy in the Middle East. By securing CMA authorisation, the company can localise its operations more deeply and demonstrate a long-term commitment to clients in the UAE and the wider Gulf region. The UAE has emerged as a key hub for financial services, with a clear regulatory framework and an ambitious economic vision.

Achraf Drid, Managing Director of 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."

The move aligns with a broader industry trend of global brokers establishing locally regulated structures in strategically important markets. XTB's expansion in the UAE follows a year of strong global growth, during which the company surpassed 2 million clients and saw a significant increase in investment activity. This momentum supports continued investment in technology and regional expansion under full regulatory oversight.

XTB is listed on the Warsaw Stock Exchange and offers forex, CFD, and other investment products. The new licences position it to compete more effectively with other major brokers in the Middle East.