We found 11 online brokers that are appropriate for Trading CMVM Investment Platforms.
Portugal has become a hotspot for both local and international brokers, as more retail investors join the financial markets every year. If you're a Portuguese trader; or planning to invest from Portugal; understanding the role of the CMVM (Comissão do Mercado de Valores Mobiliários) is essential. This regulatory body plays a key role in keeping the market fair, transparent, and safe for investors like you.
While some CMVM regulated brokers might come with slightly higher fees compared to offshore platforms, the added security and investor protection often make it a worthwhile trade off. Simply put, working with a CMVM authorized broker gives you peace of mind, knowing your funds are in safe hands.
Note: This guide is for informational purposes only and is not intended as financial advice.
CMVM stands for Comissão do Mercado de Valores Mobiliários, or the Portuguese Securities Market Commission. It's the government authority in charge of regulating Portugal's financial markets;including Forex, CFDs, and stock trading. The CMVM ensures that brokers meet strict standards before offering services to traders.
To get licensed, brokers must meet several key requirements like minimum capital, qualified staff, and transparent operational structures. CMVM is also a member of global regulatory organizations like IOSCO and CESR, which helps align its standards with international best practices.
The CMVM takes investor protection seriously. It runs educational campaigns, publishes regular alerts, and maintains a public list of authorized brokers to help Portuguese traders avoid scams. If a broker isn't listed by CMVM, it's best to steer clear;because that usually means there's no legal safety net in place if things go wrong.
Before opening an account, you can check a broker's license status directly on the official CMVM website. It's quick, free, and helps you avoid costly mistakes.
CMVM regulated brokers in Portugal must comply with EU MiFID II rules and Portuguese securities law (Decreto Lei no 35/2020). This means you'll see realtime order book data, no hidden fees, and mandatory disclosure of all commissions and financing costs.
Quick example: When I placed a EUR/USD trade with a CMVM authorized broker last month, the platform showed me both the spread and a separate commission line before confirmation no surprises at settlement.
Under CMVM supervision, brokers must maintain segregated client accounts in Portuguese banks and submit quarterly audits to prove solvency. Any shortfall triggers immediate corrective measures or fines under Regulamento no 5/2013.
Quick example: A colleagues broker once failed to submit a timely audit; the CMVM fined them 50,000 and required proof of recapitalization within 30 days.
The CMVM provides a formal complaints portal and guarantees a response within 90 days (Lei no 144/2015). It also publishes an updated List of Disciplinary Decisions so you can verify any past sanctions against your broker.
Quick example: After my withdrawal request was delayed, I filed a complaint through the CMVM site and received a resolution in under two months, with the broker ordered to pay my funds plus interest.
Portugals Investor Compensation System (Fundo de Indemnização aos Investidores) covers up to 20,000 per client if a CMVM regulated broker becomes insolvent (Regulamento no 2/2021). This scheme is backed by the Portuguese state budget.
Quick example: In 2024, a small brokerage went under and eligible clients received their compensation within six weeks, straight into their bank accounts.
Beyond financial safeguards, CMVM licensed brokers must implement GDPR compliant data protection, robust anti money laundering checks (Lei no 83/2017), and regular stress tests. Theyre also required to offer Portuguese language support and educational resources.
Quick example: One broker I used offered a full Portuguese glossary of derivative terms and ran monthly webinars on risk management mandatory content under CMVM guidelines.
The CMVM maintains an up-to-date online registry of all licensed firms, publishes investor alerts in both Portuguese and English, and issues periodic market bulletins. Their goal is to keep retail traders informed about emerging risks and best practices.
Quick example: When the CMVM flagged a surge in misleading guaranteed return ads, they sent email alerts to all registered Portuguese investors clarifying the risks and reminding them of their complaint rights.
If you ever need to verify a broker or submit a grievance, visit the CMVM’s official CMVM.PT portal — the fastest way to ensure your broker is properly authorized.
CMVM regulated brokers offer Portuguese traders a level of protection that offshore and unregulated platforms simply can't match. From legal recourse and financial coverage to transparency and service standards, the benefits are clear.
Having traded with both offshore and CMVM regulated brokers, I can honestly say that the added layer of protection provided by the Portuguese Securities Market Commission gives me far greater peace of mind even if fees can be a touch higher. Knowing that my broker must maintain segregated client accounts, submit regular audits, and abide by EU MiFID II rules means I rarely lose sleep over hidden costs or solvency concerns.
One of the things I appreciate most is the transparency CMVM enforcement brings: order books that update in real time, clear commission disclosures, and an easy online check of a broker’s licence status. When I place a EUR/USD trade, I see both the spread and commission side by side before confirming no nasty surprises at settlement.
I’ve also experienced first hand the benefits of CMVM’s investor protection schemes and complaint portal. On one occasion, a withdrawal was delayed; I filed a grievance through the CMVM website and had my funds returned with interest in under two months. And in the rare event of broker insolvency, the Investor Compensation System covers up to €20,000, which is a genuine safety net for smaller traders like myself.
Overall, if you’re trading from Portugal or planning to, I wholeheartedly recommend choosing a CMVM authorised broker. The slightly higher costs are well worth the security, transparency, and customer first ethos that the CMVM enforces qualities I’ve come to value deeply in my own trading journey.
Safe trading starts with smart choices;and CMVM helps you make them.
We have conducted extensive research and analysis on over multiple data points on CMVM Brokers to present you with a comprehensive guide that can help you find the most suitable CMVM Brokers. Below we shortlist what we think are the best CMVM investment platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching CMVM Brokers.
Selecting a reliable and reputable online CMVM Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade CMVM Investment Platforms more confidently.
Selecting the right online CMVM Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for CMVM investment platforms trading, it's essential to compare the different options available to you. Our CMVM investment platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a CMVM investment platforms broker that best suits your needs and preferences for CMVM investment platforms. Our CMVM investment platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top CMVM Investment Platforms.
Compare CMVM investment platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a CMVM investment platforms broker, it's crucial to compare several factors to choose the right one for your CMVM investment platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are CMVM investment platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more CMVM investment platforms that accept CMVM investment platforms clients.
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IC Markets
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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ThinkMarkets
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272) |
Min Deposit | 200 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 | 50 |
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Used By | 200,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ | 450,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
Sign
Up with icmarkets |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
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Up with thinkmarkets |
Risk Warning | Losses can exceed deposits | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money |
Demo |
IC Markets Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
ThinkMarkets Demo |
Excluded Countries | US, IR, CA, NZ, JP | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW |
You can compare CMVM Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top CMVM Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top CMVM investment platforms below.