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PortugalThe brokers listed here hold licences from the Comissão do Mercado de Valores Mobiliários (CMVM), Portugal’s Tier 1 financial markets regulator. CMVM-regulated brokers must comply with European Union MiFID II requirements, including client fund segregation and negative balance protection. Retail traders face a maximum leverage cap of 1:30 on major currency pairs. Portuguese authorisation also allows brokers to offer services throughout the European Economic Area via EU passporting.
Verify on official register
Check a broker’s licence status directly on the CMVM register.
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.
Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
FCA-regulated UK broker with 23 years of history, SMSG membership, and a proprietary ActivTrader platform featuring built-in volatility protection, strong in southern European markets.
CMVM is classified as a Tier 1 regulator. Highest level of investor protection with strict capital requirements and segregated client funds.
We currently list 4 forex brokers regulated by CMVM. The full list is shown above, sorted by overall trader rating.
CMVM is based in Portugal and covers the European Union jurisdiction. Highest level of investor protection with strict capital requirements and segregated client funds.
Visit the official CMVM website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of CMVM in Portugal. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.
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