IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.
Read ReviewCMVM
Last updated
4
Regulated Brokers
Country
PortugalJurisdiction
European Union
Tier
Tier 1
Highest level of investor protection with strict capital requirements and segregated client funds.
Max Leverage
1:30
Maximum retail client leverage under this jurisdiction.
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 a broker's licence status directly on CMVM's public register.
CMVM Regulated Forex Brokers
4 brokers
4.6/ 5
Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
Read Review4.3/ 5
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.
Read ReviewBest-in-class social and copy trading on a clean proprietary web/mobile platform. FCA / CySEC / ASIC regulated.
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Find my brokerFrequently Asked Questions
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. As a Tier 1 regulator, it enforces strict capital adequacy, client fund segregation, and compensation schemes, making it one of the safest options for retail traders.
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.