{"id":927,"date":"2016-11-17T13:30:49","date_gmt":"2016-11-17T13:30:49","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=927"},"modified":"2020-09-21T11:39:03","modified_gmt":"2020-09-21T11:39:03","slug":"cnmv-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/cnmv-registered\/","title":{"rendered":"CNMV Forex Brokers"},"content":{"rendered":"

CNMV stands for the Comisi\u00f3n Nacional del Mercado de Valores<\/a>, or National Securities Market Commission. This is a government agency of Spain in charge of the securities markets and financial regulation in the country. The agency is independent within the Ministry of Economy and Finance. The CNMV was established in 1988 under a regulatory framework to meet the EU criteria. The Commission has played a crucial role in the Spanish Stock market by introducing stronger measures for the protection of investors. The main role of the CNMV is to secure a transparent and fair financial market which grants stability, consumer protection, and instruct intermediaries and brokers to behave correctly. One of its duties includes assisting the EU Commission in evaluating financial sectors of EU candidate countries. Since Spain is an EU member state, it also has to comply with the EU primary and secondary legislations, including the MiFD which is directly associated to securities and the financial market.<\/p>\n

Forex Trading in Spain<\/h2>\n

Spain is also a very desirable destination for Forex broker companies given that many Spaniards are attracted by the potentially lucrative and profitable business opportunities.
\nOne of the things that give traders security is definitely well-regulated conditions for trading. A clear policy on business conduct which protects investors form violations is what traders and investors need. All EU countries, including Spain, have set solid ground rules and detailed regulations which define the best practices for the Forex companies. The Spanish market is a well-regulated one with the 4th largest economy in the Eurozone by GDP statistics. It is designated as a high-income economy and therefore it is no surprise that the Forex industry flourishes to some extent in this country<\/p>\n

CNMV Registered Brokers: Making Sure Laws Are Observed<\/h3>\n

\"cnmvForex is a risky market, not only by the nature of the industry but also because many companies operate under false pretenses. That was the main reason why the majority of the countries have established legal bodies or organizations for the issuance of licenses, especially in the Forex market. The Forex market will probably always remain one of the markets where you could come across a bad broker who just wants to steal your investments. Thanks to the many agencies, like the CNMV in Spain, traders and investors get to enjoy legal protection against their broker. CNMV makes sure that the Spanish market runs smoothly with no misleading Forex companies who attract customers by false advertising. CNMV registered brokers are not allowed to step outside the legal framework defined to protect investor and traders. The CNMV enjoys a great reputation among Spanish traders who mostly trust a CNMV broker. The registration requirements are not that simple; a broker has to provide sufficient capital to cover potential and real risks. The minimum capital requirement is defined by the CNMV in Spain. Brokers are also not allowed to make false advertisements which say one thing but mean another one. It is strictly forbidden to mislead the traders. Many international companies, as well as national, have found the ideal working ground in Spain. <\/p>\n

Why Choose CNMV Regulated Forex Broker?<\/h3>\n

Regulation is extremely important for all types of financial institutions and when you are looking to make monetary transactions you should always make sure it is with companies who are licensed and actually work within a legal framework. This is exactly where CNMV fits in, as it is their duty to make sure every Forex transaction done in Spain is clean and transparent, and there is no shady business going on. The obligations and responsibilities that CNMV has in relation to the Forex market include:<\/p>\n