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XM in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%40
- Round-turn cost20%90
- Safety20%100
- Payouts15%80
- Track record10%85
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- UAE residents can be onboarded under DFSA-licensed Trading Point MENA Limited (DIFC); some retail clients still routed to offshore XM Global Limited (Belize).
- Local standing
- Locally regulated in the DIFC by DFSA (Tier-1); no federal SCA authorisation, so mainland-only protections do not apply.
- Licence as the register states it
- Trading Point MENA Limited holds DFSA reference No. F003484 (licensed 10-Sep-2019); not SCA-licensed for mainland UAE.
- Leverage for this entity
- Lower under DFSA rules (retail typically capped ~1:30 on majors); up to 1:1000 only if served by the offshore XM Global entity.
- The firm behind it
- Founded 2009, part of Trading Point Holdings; HQ Limassol, Cyprus; 15M+ clients worldwide; major MetaTrader forex/CFD broker.
- What we hold against it
- Positive - holds a genuine Tier-1 DFSA licence in the DIFC; caveat is DIFC scope vs mainland SCA.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youLocally regulated in the DIFC by DFSA (Tier-1); no federal SCA authorisation, so mainland-only protections do not apply.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Micro, Standard, Ultra Low (Standard/Micro), Zero, Shares accounts, min deposit from USD 5 (Shares much higher). The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where XM sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 7 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 5 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:30 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts
Identical for every row: Deposit, h 24 · Withdrawal, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (4 methods · 0 local rails)
Cards (Visa/Mastercard), Skrill, Neteller and bank wire;
- Cards
- Skrill
- Neteller
- Bank wire
- Account currency
- USD, EUR, GBP, JPY, CHF, AUD and others; no AED base account, deposits converted.
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(4 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(2 platforms)
- MT4
- MT5
| Class | Min spread | Leverage |
|---|---|---|
| MT4 | 1 | 30UAE |
| MT5 | 1 | 30UAE |
98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.8 | — |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(5 for and 1 against, each tied to a figure on this page)
- Locally authorised, licence F003484, read on 09.07.2026
- Min deposit 5 USD, under the United Arab Emirates median 50
- Withdrawal in 24 h, one of 65 of 75 brokers here that publish a time
- Swap-free account available
- Safety 100 of 100, its strongest of 6 scored axes
- Reviews 40 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
- Round turn, USD
- 7UAE
- Min deposit, USD
- 5 groupUAE
- Leverage
- 30UAE
- Rank in this country
- #5
- Round turn, USD
- 7UAE
- Min deposit, USD
- 0 groupUAE
- Leverage
- 500 group
- Rank in this country
- #21
- Round turn, USD
- 6UAE
- Min deposit, USD
- 200UAE
- Leverage
- 50UAE
- Rank in this country
- #1
- Round turn, USD
- 9UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 400 group
- Rank in this country
- #4
- Round turn, USD
- 2UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #6
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | XM |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 40 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 90 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 100 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 85 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does XM accept residents of United Arab Emirates?
- Yes. Locally regulated in the DIFC by DFSA (Tier-1); no federal SCA authorisation, so mainland-only protections do not apply. Onboarding entity: UAE residents can be onboarded under DFSA-licensed Trading Point MENA Limited (DIFC); some retail clients still routed to offshore XM Global Limited (Belize).
- Is XM licensed to serve clients in United Arab Emirates?
- Trading Point MENA Limited holds DFSA reference No. F003484 (licensed 10-Sep-2019); not SCA-licensed for mainland UAE. Checked on 09.07.2026.
- How much does one round turn cost at XM?
- About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does XM offer to retail clients in United Arab Emirates?
- Up to 1:30. Lower under DFSA rules (retail typically capped ~1:30 on majors)
- Which trading platforms does XM support?
- MT4, MT5. Instruments: 1000+ instruments: 55+ forex pairs, stock indices, metals/energies/commodity CFDs and share CFDs; crypto CFDs vary by entity.
- How can I withdraw money from XM in United Arab Emirates?
- Cards (Visa/Mastercard), Skrill, Neteller and bank wire; no verified AED instant local rail. Typical withdrawal time: 24.0 hours.
- What account types does XM offer?
- Micro, Standard, Ultra Low (Standard/Micro), Zero, and Shares accounts; min deposit from USD 5 (Shares much higher).
- Does XM offer a swap-free (Islamic) account?
- Yes. XM offers a swap-free (Islamic) account to United Arab Emirates residents.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://dfsa.ae/public-register
Not tax advice. Check with the Federal Tax Authority.