XM’s Forex Offering for Traders in the UAE

For Forex traders in the United Arab Emirates, choosing a trading provider involves more than comparing spreads. Trading platform reliability, account conditions, executionarrangements, customer support and risk-management tools are all important considerations when evaluating a provider.

XM is authorised by the UAE Capital Market Authority(CMA) as a Category 5 firm, to undertake introduction and promotion activities in the UAE.  In this capacity, XMUAEintroduces and promotes relevant financial products offered by XM International MU Ltd.  XMUAE is not authorized to provide trade execution services or to hold client money.

Access to a Range of Forex Pairs

XM International MU Ltd offers access to over 60 major, minor and exotic currency pairs, including widely followed instruments such as EUR/USD, USD/JPY and GBP/USD. Its forex offering enables clients to follow currency marketsacross Asian, European and North American sessions, subject to the applicable trading hours and instrument availability.

Forex Account Options

The company offers different account types to cater to traders’ needs, including Standard and Ultra Low accounts. The Ultra Low account is designed for traders seeking tighter spreads and lower swap costs. The Standard account has its own pricing and account conditions which includes a 100% bonus. Prospective UAE clients should review the latest account specifications, applicable spreads, commissions, leverage and trading rules before opening an account.

Trading Platforms and Tools

XM group also provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its own mobile interface. These platforms provide access to charting, market analysis and order management tools commonly used by traders. Mobile access maybe convenient for traders to monitorcurrency markets and manage their accounts whilst away from their desktops.  However, this convenience does not reduce the risks associated with rapid price movements or impulsive trading decisions.

Order Execution and Trading Conditions

Fast execution also plays a crucial role in Forex trading. Execution outcomes can be affected by market volatility, available liquidity, connectivity, order type and other prevailing conditions. XM group has a proven track-record of executing 99.7% of orders in under 66ms during news events like NFP, FOMC or CPI.

Swap-Free Account Options

For traders seeking swap-free arrangements, XM offersaccount options, subject to specific terms and conditions. Availability may depend on account eligibility, instruments covered and applicable conditions.

Open an account with XM to trade over 60 forex pairs.

Trading leveraged products, including CFDs and foreign exchange, involves a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results 

Regulatory Disclosure 

This marketing material is promoted and distributed by XM Financial Products Promotion L.L.C., which is authorized and regulated by the Capital Market Authority (CMA) of the UAE under a Category 5 License, License No: 20200000322.  It is authorized to offer only introduction and promotion services in the UAE in relation to derivative products offered by XM International MU Ltd. Should you wish to open an account, your account will be registered with XM International MU Ltd, which is authorized and regulated by the Financial Services Commission (FSC) of Mauritius under the Investment Dealer's License number GB23202700.