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Ghaf Review
76 brokers measured40 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

XM — United Arab Emirates

Key facts (8)

Who actually onboards you
UAE residents can be onboarded under DFSA-licensed Trading Point MENA
Licence number
F003484
Established
2009group
Min deposit, USD
5 USDgeo
Platforms
MT4 · MT5
Local funding
Cards (Visa/Mastercard), Skrill, Neteller and ba
Max leverage
30geo
EURUSD
1.3 pipsgeo

This broker against the United Arab Emirates middle (40 of 76)

XMUnited Arab Emirates median
Round turn, USD7.0 USD7.0 USD
Min deposit, USD5 USDgeo50.0 USD
Max leverage30geo500.0geo
Withdrawal, h24 hgroup36.0 h
EURUSD, standard1.3 pipsgeo1.0 pips
EURUSD, raw0.0 pipsgeo0.0 pips
Established2009group2009.0
Platforms23.0

Accepts residents of United Arab Emirates

Yes

Score (5/6 axes)

4.6 of 5
cost9020%
safety10020%
payouts8015%
track_record8510%
platforms6510%

Shown, not ranked: no review-platform rating

Licence check

Licence number
F003484
Checked
2026-07-09

Register

Who actually onboards you

UAE residents can be onboarded under DFSA-licensed Trading Point MENA Limited (DIFC); some retail clients still routed t

Locally licensed entity

Cost against the United Arab Emirates median (40 of 76)

Round turn, USD
7.0 USD
Median
7.0 USD

raw+commission

Distributions across the base

Round-turn cost, USD (40 of 76)

Median 7.0 · Range 3.0–14.0 USD

Minimum deposit, USD (18 of 76)

Median 50.0 · Range 0.0–10000.0 USD

Accounts

Micro, Standard, Ultra Low (Standard/Micro), Zero, and Shares accounts; min deposit from USD 5 (Shares much higher).

Withdrawal time and methods

Withdrawal, h
24 hgroup

Rating, and how many people left it

Reviews
no data

Software and market access (2)

MT4 · MT5

1000+ instruments: 55+ forex pairs, stock indices, metals/energies/commodity CFDs and share CFDs; crypto CFDs vary by entity.

The tax side in United Arab Emirates

0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026); individuals keep full trading profit. Corporate tax of 9% applies to business profits above AED 375,000 (since June 2023), but a 'Qualifying Free Zone Person' in DIFC/ADGM/DMCC can qualify for 0% on qualifying income. Traders operating as a business/company

Arguments for, arguments against

Pros (3)

  • Licensed locally: F003484
  • Swap-free account available
  • Withdrawal published at 24 h

Cons (2)

  • Round turn 7.0 USD against a United Arab Emirates median of 7.0
  • No public review-platform rating, so the review axis is absent

Other brokers that onboard United Arab Emirates residents (6)

Where it does not serve

United States of America, Canada, Israel, Islamic Republic of Iran

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (5)

Does XM accept residents of United Arab Emirates?

Yes.

Which entity onboards a United Arab Emirates client of XM?

UAE residents can be onboarded under DFSA-licensed Trading Point MENA Limited (DIFC); some retail clients still routed to offshore XM Global Limited (Belize).

What licence does XM hold for United Arab Emirates?

Licence F003484.

What does one EURUSD lot cost at XM?

7.0 USD per round turn against a United Arab Emirates median of 7.0 USD, measured on 40 of 76 brokers.

How long does a withdrawal from XM take?

24 hours as published. withdrawals processed instantly, within 24 hours