Question 1

What does Comissão do Mercado de Valores Mobiliários (CMVM) regulate?

Accepted Answer

Comissão do Mercado de Valores Mobiliários is the financial regulator in Portugal, established in 1991. It oversees: Securities, Investment.

Question 2

Is CMVM a tier-1 regulator?

Accepted Answer

CMVM is currently a Tier 1 regulator on Brokers Watch. Tier 1 = strict authorization, active enforcement, and meaningful client-fund protection. Tier 3 = light-touch or offshore.

Question 3

Is there a compensation scheme under CMVM?

Accepted Answer

We do not have a verified compensation scheme on file for CMVM. Absence of a scheme means client funds may not be recovered if a licensed firm becomes insolvent.

Question 4

How many brokers are licensed by CMVM?

Accepted Answer

No firms in our directory are currently linked to CMVM. Public registers on the regulator's own site will show the authoritative list.

Question 5

Where can I verify a broker's license with CMVM?

Accepted Answer

Visit https://www.cmvm.pt and search the official public register. Cross-check the exact entity name and license number — cloned firms often re-use similar-looking names.

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