XTB Fulfills Dubai DIFC License Conditions, Awaits DFSA’s Approval

The XTB Capital Group (XTB ), a global leading European FX and CFD brokerage group, announced on July 10 that to the best of its knowledge it has fulfilled all the conditions set for it by the Dubai Financial Services Authority (DFSA), as the broker is applying its subsidiary XTB MENA Limited in the United Arab Emirates (UAE) to be authorized in Dubai International Financial Center (DIFC).

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According to the official press release, the conditions mentioned were set by the DFSA regulator in the preliminary approval of November 2020. Currently, XTB is subject to the verification by the regulator to secure the license.

In April, Fazzaco reported that XTB has planned to conduct brokerage activities in the UAE​ in the First Half of 2021.