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IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, an excellent proprietary platform, and regulatory credibility that few brokers can match, at the cost of slightly higher charges than specialist ECN desks.
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.
Forex trading is regulated in Portugal. The country currently has 56 brokers operating under its regulatory framework. Always verify a broker's licence with the CMVM before depositing funds.
Look for brokers regulated by the CMVM or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the CMVM are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under CMVM rules, traders in Portugal are subject to local leverage restrictions, capped at 1:30 for major pairs. Check the specific broker's terms for the leverage available to residents of Portugal.
Yes. Most brokers available in Portugal offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
The brokers listed here are all reviewed for their suitability and compliance when serving forex traders in Portugal. Retail forex activities in Portugal are supervised by the Comissão do Mercado de Valores Mobiliários (CMVM), the country's Tier 1 financial regulator. Traders benefit from a maximum leverage cap of 1:30, investor fund protections, and mandatory negative balance protection under EU MiFID II rules. Both local and major European brokers typically operate in Portugal via EU passporting.
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