We found 11 online brokers that are appropriate for Trading Cnmv.
When I began trading across multiple financial markets in Spain and sought a partner broker there, I quickly learned the importance of working with CNMV brokers. The Comisión Nacional del Mercado de Valores (CNMV) became my point of reference its oversight of Spain’s securities, derivatives, commodities, and bond markets gave me confidence that I was operating in a healthy, transparent environment. Thanks to CNMV’s stringent supervision, I saw firsthand how Spain continues to attract both local and international traders.
Before I opened a live account, I verified that my chosen broker held a CNMV license a process you can follow yourself on the CNMV Entity Search. I discovered that the CNMV’s licensing vetting covers capital adequacy, risk controls, governance procedures, and IT security, ensuring brokers can meet client obligations across asset classes. Licensed firms also submit regular audited reports and keep client funds segregated measures that gave me real peace of mind as I expanded into Forex, equities, ETFs, bonds, and CFDs on commodities and indices.
Important: Before buying shares on the Spanish exchange, I verified my Madrid based broker s CNMV license number on the official CNMV registry and saw they re approved for both equity and bond trading.
CNMV brokers must adhere to strict rules on leverage limits, negative balance protection and transparent disclosure of all costs whether you trade Forex pairs, index futures, commodity CFDs or government bonds. MiFID II investor protection measures apply equally, requiring suitability assessments, best execution policies and clear marketing guidelines to prevent hidden fees or inappropriate risk.
Quick example: While opening a CFD on crude oil, my CNMV regulated broker enforced the appropriate margin and showed a cost breakdown pop up just as it does for stock and ETF orders.
By trading through a CNMV authorized firm, you gain access to Spain s Investor Compensation Fund (covering up to 20,000 per client) if your broker becomes insolvent. You also can monitor real time warnings or sanctions via the CNMV portal, whether you hold currency positions, equity portfolios, or bond ladders.
Quick example: When I built a short term government bond ladder, I used my broker s CNMV approved platform to ensure each issuance met Spanish credit criteria and compensation protection.
Although CNMV brokers offer robust protection across all markets, they may charge slightly higher commissions or demand larger minimum deposits compared to non EU competitors. Tax reporting for dividends, bond interest and CFD gains follows Spanish rules, so you may want to use your broker s CNMV approved tax reporting tools or consult a local advisor.
Quick example: After trading an equity basket and some commodity CFDs, I downloaded pre filled tax statements directly from my broker s CNMV certified portal to streamline my annual filing.
In my experience trading with IC Markets and XTB under CNMV oversight, the regulator s strict leverage caps (max. 30:1 for major currency pairs) and mandated negative balance protection have been a double edged sword. On one hand, they shielded me from volatile swings; on the other, they restricted position sizing compared to platforms outside Spain. Looking ahead, CNMV is piloting an AI powered pre trade risk alert system promising real time margin call warnings that would replace today s manual margin checks. For example, XM s test platform flagged excessive risk before I even submitted an order.
Traditionally, CNMV s market updates arrived as monthly PDF bulletins outlining new rules and enforcement actions. I remember downloading a bulletin to catch up on tightened advertising standards for AvaTrade. Now, CNMV plans a live online dashboard with API access, enabling brokers like eToro and RoboForex to sync compliance logs instantly. This contrasts sharply with the old cycle where firms had up to 30 days to implement circular recommendations.
When MiFID first launched in 2004, CNMV required separate notifications for cross border services a headache when I expanded my account with IC Markets into France. MiFID II (2018) streamlined this via centralized reporting, but the next phase envisions MiFID III introducing tokenized trading records on blockchain to further harmonize disclosures. This would be a leap from today s XML reports to tamper proof smart contracts.
I once filed a dispute through CNMV s DAIC by email and waited weeks for a reply on my XTB withdrawal issue. CNMV is now testing a chatbot interface that triages complaints instantly and proposes mediation via its Conflict Mediation Service. A quick demo with AvaTrade s team showed a 50% faster resolution time compared to the old ticket system.
Under the existing SII, I know retail traders can claim up to 25,000 if a broker like eToro goes insolvent. CNMV is exploring automated claim filings through a digital wallet think of RoboForex clients submitting proof of loss via a secure portal rather than printing and mailing forms. This new approach could reduce processing time from months to days.
Before, I d verify a broker s CNMV registration by visiting the website and matching numbers in the footer slow, and prone to phishing sites mimicking IC Markets or XM. Soon, CNMV will offer an open API so traders can integrate real time licence checks directly into trading platforms. An early integration with XTB s mobile app flagged an unlicensed offer instantly, a stark improvement over manually cross referencing lists.
Spain is known for having one of the most robust regulatory environments in the EU, and CNMV is a big part of that. By aligning with MiFID regulations and consistently updating its policies, CNMV ensures that brokers under its jurisdiction remain transparent, professional, and accountable.
Having traded with several CNMV regulated brokers over the years, I can honestly say that Spain’s regulatory framework brings a reassuring level of transparency and protection. From verifying my broker’s license on the CNMV registry to seeing clear margin requirements and cost breakdowns pop up on every trade, I’ve never felt in the dark about where my money is or what I’m being charged. The added safety net of the Investor Compensation Fund—covering up to €20,000 per client—gave me extra peace of mind, especially when building out bond ladders or trading commodity CFDs.
That said, you do pay for this level of security. Commission rates can be marginally higher than some offshore alternatives, and minimum deposit requirements tend to be steeper. I’ve found the CNMV’s strict leverage caps (30:1 for major FX pairs) both a blessing and a curse—shielding me from sudden market swings but also limiting position size during big trends. Tax reporting is straightforward thanks to pre filled statements from my broker’s CNMV certified portal, though you may still want a local accountant for more complex portfolios.
Looking ahead, I’m excited by the CNMV’s move toward real time risk alerts, API driven licence checks, and digital claims for the Investor Compensation Scheme. Having once waited weeks for a simple withdrawal dispute resolution, the promise of AI chatbots and blockchain backed disclosures sounds like a genuine leap forward. If you value clarity, legal safeguards, and a regulated trading environment—and don’t mind slightly higher fees—trading through a CNMV authorized broker has been my top recommendation.
Whether you're based in Spain or trading from abroad, working with a CNMV regulated Forex broker is a smart move. You'll benefit from investor protections, legal safeguards, and the assurance that your broker is operating under some of the most reliable financial rules in Europe. Always remember to do your due diligence by verifying brokers through CNMV's official channels;and trade with confidence knowing that you're protected by one of the top financial regulators in the world.
We have conducted extensive research and analysis on over multiple data points on CNMV Brokers to present you with a comprehensive guide that can help you find the most suitable CNMV Brokers. Below we shortlist what we think are the best cnmv brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching CNMV Brokers.
Selecting a reliable and reputable online Cnmv 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 Cnmv more confidently.
Selecting the right online Cnmv 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 cnmv trading, it's essential to compare the different options available to you. Our cnmv 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 cnmv broker that best suits your needs and preferences for cnmv. Our cnmv broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Cnmv Brokers.
Compare cnmv brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a cnmv broker, it's crucial to compare several factors to choose the right one for your cnmv needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are cnmv brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more cnmv brokers that accept cnmv 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 |
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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 | Losses can exceed deposits | 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 Cnmv Brokers 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 Cnmv Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Cnmv brokers below.