Affects: XM clients and prospects affected by the jurisdiction or regulatory framework described
XM confirmed that it had begun using its UAE SCA Category 5 approval and introduced an Arabic- and English-language local website. Category 5 generally supports marketing, promotion and client introductions; it should not be read as the same permission as locally holding client money or executing trades under a full brokerage licence.
Key points
- The approval moved from planned use to active use.
- XM added a localized UAE web presence.
- Category 5 permissions remain narrower than a full Category 1 brokerage licence.
What this means
XM clients and prospects affected by the jurisdiction or regulatory framework described
This is an original editorial digest of the attributed source material. Product terms, availability and regulatory permissions can change; verify current details before acting.
Editorial note
This page is an original multilingual editorial summary. It attributes and links to the source report instead of republishing the third-party article.