CNMV Brokers for 2020

We found 11 online brokers that are appropriate for Trading Cnmv.

Best Cnmv Brokers Guide

CMVM Brokers

Spain has a healthy financial environment thanks to the CNMV.

CNMV regulation has helped the growth of Forex trading in the country.

CNMV or the Comision Nacional del Mercado de Valores (National Securities Market Commission) is a Spanish government agency that regulates the securities market.

Founded in 1988 after financial reform, the independent agency operates under the Ministry of Economy.

All the CMVM brokers abide to the strict rules and regulations of Comissao do Mercado de Valores Mobiliarios in Portuguese as Forex trading is gradually becoming popular in the country and more traders are now investing in the industry than before.

Most of the traders who are currently investing in the Portuguese Forex market through CMVM brokers are located outside the country. They are based all over the world. To bring them under one plane with respect to regulation, the CMVM regulatory body plays an important role.

CNMV and Forex Trading

CNMV plays several roles in the Spanish Forex market. It issues licenses to financial entities and imposes penalties if a breach of regulations is found after investigation. It communicates with traders, looks into the matters of disputes and resolves those.

The independent agency also oversees activities of CNMV brokers.

CMVM and Portuguese Forex Regulation

CMVM is an abbreviation of Portuguese Comissao do Mercado de Valores Mobiliarios, which is known as the Portuguese Securities Market Commission in English. It was founded in 1991 to regulate and supervise financial instruments as well as the securities markets in the country.

The independent public institution also oversees the operations of financial entities and their offered services. As it is not funded by the government, the agency collects revenue from the supervision fees, which are paid by the participating entities including the CMVM brokers.

The regulatory authority is a member of the International Organization of Securities Commission (IOSCO) and the Committee of European Securities Regulators (CESR).

CMVM Brokers and Regulations

The CMVM brokers are strictly regulated by the agency, which publishes monthly bulletins for consumers.

The priority of CMVM in the bulletins include

The priority of CMVM is to protect the investors abreast of providing a competitive, fair and efficient market environment. It looks after to suppress illegal acts and prevent investors from getting trapped under such circumstances.

The agency offers several services for investor assistance, investor compensation scheme and conflict mediation. All these are required by the MiFID.

The MiFID

Known as Directive on Markets in Financial Instruments, the MiFID was established in 2004 as a European Union law that provides harmonized rules for investment services across the EU. Its primary goals are to increase the protection of investors and build competition in investment services.

The CMVM brokers in Portuguese are able to offer their products and services across the EU member states under the passporting rights of MiFID.

Traders and Complaints

The agency has a separate department to deal with complaints of investors. It is called the Investor Assistance and Communication Department or the DAIC (Departamento de Apoio ao Investidor e Comunicacao).

With such a measure the CMVM intends to enforce confidence among the investors in the Portuguese securities markets. It helps consumers to understand the matters related to savings and investments.

However, if the complaints fail to reach a resolution, the matter can be accelerated with the Conflict Mediation Service, which mediates between parties to resolve conflicts.

Traders who deal with CNMV brokers can lodge complaints with the regulatory agency if any wrongdoing is found being carried out against them or if the CNMV brokers are not abiding by the rules laid down.

Initially, the matter is to be raised with service providers. If the dispute is not resolved at this level, traders are suggested to approach the Financial Ombudsman.

Hopefully, most cases are resolved here. Those who fail to reach an agreement can file a complaint at the CNMV.

Investor Compensation Scheme

The Investor Compensation Scheme (SII) is designed by the CMVM to protect investors and the money returned when a financial entity fails to repay. The scheme is not for everyone.

It is intended only to serve the small investors. Insurance companies, credit unions, general government entities, financial institutions and other institutional investors are not covered in it.

SII offers the maximum compensation of 25,000 euros per investor.

CNMV is known for being one of the best regulatory agencies in the world and it plays an important role in the healthy Forex environment in Spain.

One important measure of CNMV is well appreciated.

It publishes warning lists periodically revealing names of brokers who are not regulated by them even if the listed brokers claim to be CNMV brokers.

If traders deal with non-CNMV brokers, the agency cannot provide protection to the investment as their services are outside the legal boundaries. The CNMV has no control over them.

Traders who seek to invest in the Spanish Forex market are suggested to only deal with CNMV brokers.

With them, the funds are held segregated from their account.

With CNMV brokers the trading environment seems fair as the trades are executed at the trending market price.

CNMV Brokers and Validity

Finding CNMV brokers is not a difficult task.

The primary feature to look for is whether they are regulated. If the brokers are licensed by CNMV, it means they are regulated by the agency.

The regulatory information can be found on their websites including their licensing information. Usually, such information is mentioned at the bottom of the website.

However, it is also be possible scammers may use the same process to earn trust and later run away with the money.

The information mentioned at the bottom of the website may simply be untrue, confusing or misleading.

This is the reason it is recommended to check the claims with the official CNMV website.

If there is no reference to the claims made by the brokers, it is advised to contact the brokers first and thereafter the CNMV.

It is better to avoid any dealings with non CNMV regulated brokers.

CMVM Brokers Verdict

Spain is a member country of the European Union, which also holds some basic standards of regulation as all the regulatory bodies need to comply with European Directive MiFID.

All the CNMV brokers are highly professional and friendly.

They abide to the rules and regulations of the National Securities Market Commission and tries to resolve issues at their own end initially.

The agency has a good mechanism of overseeing the Spanish Forex market and all the CNMV brokers.

The Portuguese financial markets are well regulated by the CMVM and its licensed brokers play important roles in implementing the rules framework while helping traders to invest in the financial instruments.

The agency functions independently and is known for its strict norms across the European Union. It oversees operations of the financial entities closely and collects supervision fees from them.

Under CMVM brokers all the traders are safe and protected. It is suggested not to deal with such brokers who are not licensed by the agency.

We've collected thousands of datapoints and written a guide to help you find the best CNMV Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best cnmv brokers below. You can go straight to the broker list here.

Reputable Cnmv Brokers Checklist

There are a number of important factors to consider when picking an online Cnmv trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Cnmv Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Cnmv Brokers of 2020 compared

Here are the top Cnmv Brokers.

Compare Cnmv Brokers min deposits, regulation, headquarters, benefits, funding methods and fees 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

Broker IC Markets Trading212 FP Markets Roboforex Markets.com XTB Plus500 Pepperstone XM City Index FXPrimus
Rating
Regulation Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)
Min Deposit 200 1 100 1 250 No minimum deposit 100 200 5 25 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 60,000+ 14,000,000+ 10,000+ 10,000+ 10,000+ 200,000+ 15,500+ 10,000+ 70,000+ 14,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
Sign Up with
trading212
Sign Up with
fpmarkets
Sign Up with
roboforex
Sign Up with
marketscom
Sign Up with
xtb
Sign Up with
plus500
Sign Up with
pepperstone
Sign Up with
xm
Sign Up with
cityindex
Sign Up with
fxprimus
Risk Warning Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Losses can exceed deposits Losses can exceed deposits 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. 79% 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. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 78.6% 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 Your capital is at risk 74% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits
Demo IC Markets
Demo
Trading 212
Demo
FP Markets
Demo
Roboforex
Demo
Markets.com
Demo
XTB
Demo
Plus500
Demo
Pepperstone
Demo
XM
Demo
City Index
Demo
FXPrimus
Demo
Excluded Countries AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA US US, JP, NZ US, JP RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, IN, PK, BD, NG , ID, BE BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE BR, KR, IR, IQ, SY, JP, US US, CA, IL, KR, IR, MM, CU, SD, SY US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.

All Cnmv brokers in more detail

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 2020 article further below. You can see it now by clicking here

We have listed top Cnmv brokers below.

Cnmv Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 60000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(4/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 14000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Trading 212 offers Stocks, Forex, Commodities, Indices

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 200000+ traders. 79% 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. XTB offers Forex, CFDs, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs


Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 10000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 Pepperstone offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 70000+ traders. Your capital is at risk XM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
FXPrimus
(4/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)