Forex Brokers in Spain Regulated by CNMV

Forex Brokers in Spain are regulated by the ‘Comisión Nacional del Mercado de Valores’ (CMNV) which translates into the ‘National Securities Market Commission,’ a known supervisory entity founded in 1988 and held responsible by the ‘Ministry of Economy and Finance of Spain.’ The priority of the CNMV is to ensure the safety of country’s economy by providing suitable trading conditions for both the investment service providers such as Forex brokerage firms and the investors. The CMNV is in charge of issuing, suspending or removing licenses of the registered firms in addition to administering other provisions and penalties if deemed necessary. The organization also attempts to prevent the CMNV regulated firms from unethical financial conducts and promote reasonable treatment towards clients. Below are Forex brokers that are registered with CNMV.

Min Deposit $5
Micro, Standard, Zero
Leverage up to 1:888
Floating Spreads

Forex, CFDs, Metals, Energies, Stocks
MT4 & 5, Web, Mobile Platforms
Bank wire, Credit cards, Skrill, Neteller, PerfectMoney

Regulations: FCA, CySEC, ASIC
CNMV license: #2774
Founded: 2009
Headquarters: Cyprus, UK, Australia

👉 www.XM.com

EXNESS

Min Deposit $1
Cent, Mini, Classic, ECN
Unlimited leverage
Floating & Fixed Spreads

Forex, CFDs, Metals, Energies
MT4 & 5, Web, Mobile Platforms
Bank wire, Credit cards, FasaPay, Skrill, Neteller, PerfectMoney & more

Regulations: CySEC, FCA
CNMV license: #3523
Founded: 2008
Headquarters: Cyprus

👉 www.exness.com

FXTM

Min Deposit $5
Cent, Micro, ECN
Leverage up to 1:1000
Floating Spreads

Forex, CFDs, Metals, Energies, Stocks
MT4 & 5, Web, Mobile Platforms
Bank wire, Credit cards, Skrill, Neteller, PerfectMoney

Regulations: FCA, CySEC, IFSC
CNMV license: #3429
Founded: 2013
Headquarters: Cyprus

👉 www.ForexTime.com

HYCM

Min Deposit $100
Fixed, Classic, Raw
Leverage up to 1:200
Floating & Fixed Spreads

Forex, Stocks, Indices, Cryptocurrencies
MT4 & 5, Web, Mobile Platforms
Bank Wire, Credit cards, PerfectMoney, Skrill, Neteller, Bitcoin

Regulations: CySEC, FCA
CNMV license: #3916
Founded: 1999
Headquarters: Cyprus

👉 www.HYCM.com

CNMV Forex Regulation

The ‘National Securities Market Commission’ or ‘Comisión Nacional del Mercado de Valores’ (CNMV), an autonomous Spanish regulatory body established in 1988 by the Securities Market Law, regulates and oversees the activities of all the firms and organizations involved in the Securities Market and relevant financial operations in Spain. The authority is held accountable by the Ministry of Economy and Finance of Spain. In 2008, the CNMV declared that its laws and provisions were to be unified with those of the European Union finance ministers (ECOFIN) to enhance the effectiveness of supervision and establish a transparent and competitive environment for all the investors in the market. However, this realignment is not achieved yet and will be enforced together with a new regulatory framework for the CNMV regarding the Financial Markets and instruments according to the MiFID II Directive and MiFIR Regulation effective from January 3, 2018. The CNMV strives to bring about a reformed and transparent Spanish Securities Market engaging in fair dealing prices, a safe and healthy market untarnished by unlawful activities, and the safety of investors’ assets and deposits. The CNMV is empowered to run monthly investigations into all the partakers of the Market including Forex and CFD brokers, broker-dealers and Collective Investment Schemes providers, securities issuers, as well as participants in the secondary securities markets concerning their risks, financial condition, liquidity, conformity with the Law, capital stock and net worth of management (for CISs), records of transactions, and their overall operational status. Moreover, through prudential supervision, the CNMV keeps the transactions safe and the solvency of the financial system in check.