Interactive Brokers offers unrivalled market access and the lowest commissions in the industry for active stock traders. The TWS platform is extremely powerful but has a steep learning curve for beginners.
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 Stock Brokers
4 brokers
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Read Review3.7/ 5
ActivTrades offers share CFDs on 600+ global stocks via ActivTrader and MT4 under FCA regulation with supplemental client fund insurance up to GBP 1,000,000 - a regulated European broker with above-standard fund protection for equity CFD traders.
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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 stock 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 investors.
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.