Jurisdiction
Comissão do Mercado de Valores Mobiliários is the financial regulator of Portugal. Its licence applies to the broker entity registered there and to the clients that entity serves.
Role
Portugal's securities regulator, applying MiFID II.
Segregated client money, negative balance protection and a compensation scheme or its equivalent.
Licence verification
Search the CMVM register by the firm's legal name or licence number, confirm the licence is current and covers dealing in forex or CFDs for retail clients, and compare the website listed with the one you are using.
CMVM website (opens in a new tab)
Client protections
Protections are not stated on record; treat the licence as a registration rather than a guarantee.
| Tier | Tier one: Segregated client money, negative balance protection and a compensation scheme or its equivalent. |
Brokers regulated by CMVM
1 broker in our database holds a CMVM licence through at least one entity. The licence applies to that entity only; check which one serves your country.
Regulatory facts are the authority's own published position at the last check. Verify any licence on the register before depositing.