The magnetic moments of the recently observed resonance $X_b(5568)$ by DO Collaboration and its partner with charm quark are calculated in the framework of the light cone QCD sum rules, by assuming that these resonances are represented as tetra--quark states with quantum numbers $J^{PC}=1^{+pm}$. The magnetic moment can play critical role in determination of the quantum numbers, as well as giving useful information about the inner structure of these mesons.