Five Unlicensed Forex Brokers Added into the Warning List of CNMV

From September 29 to October 6, 2025, the National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV), Spain’s financial regulator, issued warnings to five unauthorized forex brokers and other unlicensed financial service providers.

As the watchdog overseeing Spain's financial markets, the CNMV updates ‘Public Warnings’ that serve as a crucial warning to investors, urging caution and fund protection when dealing with unregulated brokers.

According to the regulator, brokers flagged by the Commission were not legally providing financial services within the country. Therefore, BrokersView advises investors to carefully review the warnings issued by the CNMV before making investment decisions, especially those residing in Spain.

The following brokers are not authorized to offer investment services, conduct foreign currency transactions, or deal in related financial instruments under the Securities Market Act:

Name	Website	Screenshot of homepage
Smewm Ltd	https://smewmltd.com/
MarketAI Exchange	https://marketaiexchange.io/
ONENCORE / BCG INVESTMENTS LIMITED	https://onencore.com/en/home
Vyntor / VYNTOR GLOBAL GROUP LTD	https://www.vyntor.net/en/index.html
	https://www.vyntor.com/en/index.html
	https://www.vyntortech.com/#/subPackages/login/login
QuoMarkets	https://www.quomarkets.com/

BrokersView reminds you

The National Securities Market Commission (CNMV) is the Spanish government agency responsible for the financial regulation of the markets in Spain.

Click to find more brokers regulated by the CNMV.