eToro stands out among multi-asset brokers for offering genuine crypto ownership - not just CFDs - with 100+ coins, a built-in social layer, and FCA/CySEC/ASIC regulation on a single platform.
Read ReviewCMVM
Last updated
4
Regulated Exchanges
Country
PortugalJurisdiction
European Union
Tier
Tier 1
Comprehensive crypto regulatory framework with licensing requirements, asset segregation, and consumer protections.
Official Website
cmvm.pt
Portugal's Comissão do Mercado de Valores Mobiliários regulates capital markets and investment firms under EU MiFID II. CMVM-authorised brokers benefit from EU passport rights and clients receive ESMA leverage caps, negative balance protection, and investor compensation. Most international brokers serve Portuguese retail clients via passporting from their CySEC, FCA, or other EU licence.
Verify on official register
Check an exchange's licence status directly on CMVM's public register.
CMVM Regulated Crypto Exchanges
4 brokers
IG offers a wide cryptocurrency CFD range - including weekend markets and overnight volatility indices - backed by its LSE-listed regulatory credibility, though spread-only pricing makes it less competitive for high-frequency crypto traders.
Read ReviewInteractive Brokers offers real cryptocurrency ownership (not CFDs) on Bitcoin, Ethereum, and select altcoins via its regulated IBKR platform - backed by SEC, FINRA, and FCA oversight, making it one of the safest regulated routes to crypto for sophisticated investors.
Read Review3.7/ 5
ActivTrades offers crypto CFDs on Bitcoin, Ethereum, and a select range of major altcoins via ActivTrader and MT4, under FCA regulation with supplemental client fund insurance up to GBP 1,000,000 - a regulated low-cost entry point for crypto CFD exposure.
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Find my brokerFrequently Asked Questions
CMVM is classified as a Tier 1 crypto regulator. Comprehensive crypto regulatory framework with licensing requirements, asset segregation, and consumer protections.
We currently list 4 crypto exchanges regulated or registered under CMVM. The full list is shown above, sorted by overall rating.
CMVM is based in Portugal and covers the European Union jurisdiction. As a Tier 1 crypto regulator, it requires exchanges to hold client assets separately, maintain capital reserves, and meet ongoing compliance obligations, comparable to MiFID II standards for traditional finance.
Visit the official CMVM website and use their public register or licence verification tool. Enter the exchange's registered name to confirm its current status. This is the most reliable way to verify regulatory standing.
CMVM regulation primarily addresses licensing, AML/KYC compliance, and operational standards. Compensation for hacks depends on the exchange's own insurance fund or Proof of Reserves commitments, not typically a government-backed compensation scheme. Always choose exchanges with published cold storage ratios and Proof of Reserves attestations.