CNMV
Comisión Nacional del Mercado de Valores - Spain's securities market regulator.
CNMV is Spain's securities regulator, enforcing EU MiFID II rules and ESMA restrictions on retail CFD trading.
CNMV (Comisión Nacional del Mercado de Valores) is Spain's securities markets supervisor. Operating under EU MiFID II, it regulates investment services firms and enforces ESMA restrictions on retail forex and CFD trading.
How It Works
- Regulates securities markets and investment firms in Spain
- Operates under EU MiFID II framework
- Enforces ESMA leverage caps (30:1 forex)
- Maintains warning list of unauthorized entities
Trading Tips
Spanish traders protected under EU regulations
Check CNMV register and warning list
Investor compensation up to €100,000
CNMV Example
Say a Spanish trader checks a broker promising CFD promos in Madrid. The CNMV register shows no authorisation, and its warning list names the firm. The trader walks away, which is the entire value of the check.
How Traders Use CNMV
Spain-based traders should verify every broker on the CNMV before funding, and respect its CFD warnings: they exist because Spanish clients kept getting hurt. Local language support means nothing without local authorisation.
Related Terms
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