CMVM-regulated forex brokers (2026)
2 of the brokers we rank hold a licence from the Comissão do Mercado de Valores Mobiliários (Portugal) (CMVM); the highest-rated is ActivTrades (9.1/10). We classify the CMVM as a tier-1 (strictest) regulator.
Comissão do Mercado de Valores Mobiliários (Portugal) · Tier 1 · www.cmvm.pt
An CMVM licence can be passported to serve clients across the EU/EEA under MiFID II.
Always check the exact legal entity on the regulator's own register before depositing; each broker review lists its entities and licence numbers.
| # | Broker | Score | Regulators | EUR/USD all-in | Min. deposit | % losing | Compare |
|---|---|---|---|---|---|---|---|
| 1 | ActivTrades ActivTrader · MetaTrader 4 · MetaTrader 5 | 9.1 | CMVMFCASCBFSC Mauritius+1 | 0.50 pipstarget | 0 | 73% | |
| 2 | Trade Nation TN Trader (web/mobile) · MetaTrader 4 · TradingView | 8.9 | CMVMFCAASICFSCA+2 | 0.50 pips | 5 | 75.8% |
