X Open Hub Expands in the Middle East with SCA Approval

X Open Hub, the institutional arm of global fintech company XTB, has reached another significant milestone by securing accreditation from the UAE’s Securities and Commodities Authority (SCA). This achievement paves the way for further expansion and enhancement of the company’s service offerings in the Middle East.

“With our SCA accreditation in the UAE, we are witnessing strong multi-regional growth as we move through 2025 and beyond. There’s still so much more to come—stay tuned for further updates!” said Michal Copiuk, CEO of X Open Hub.

Expanding into the UAE Market

Alongside its expansion in Indonesia, X Open Hub has taken strategic steps to reinforce its footprint in the Middle East. The new SCA approval allows the firm to operate beyond Dubai’s special economic zone, where it has been active under a Dubai Financial Services Authority (DFSA) license since 2021.

With this accreditation, X Open Hub can now extend its reach across the broader UAE market, providing institutional clients with a full suite of trading technology and liquidity solutions.

This milestone adds to an already strong start to the year for X Open Hub. The company kicked off 2025 with industry recognition at the UF AWARDS MEA 2025, where it was named “Best CFD Liquidity Provider – MEA” in the B2B category. The award was presented during a prestigious ceremony at the renowned iFX EXPO Dubai 2025.