Spanish Financial Regulator CNMV Warns Unregulated FX Brokers

On July 14, 2025, the National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV), Spain’s financial regulator, issued warnings to 11 unauthorized forex brokers.

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
Capital Group Spain	https://capitalgroupspain.com/
Trive-247	https://www.trive-247.com/
Betterasset Capital	https://betterasset-capital.ltd/index.html
Monovex / Monovex LTD	https://monovex.com/en/home
Tsa Markets	https://tsa-markets.com/
Deravest	https://deravest.com/
AI Chain Trader	https://aichaintrader.com/
AlgosOne / AlgosOne APP / White Mint Financial Company S.R.O.	https://algosone.ai/
IbericaPlus	https://iberica-plus.com/en/
Platinum Stock Trade	https://platinumstocktrade.com
Market Makers / Market Makers Management LTD	https://marketmakers.website/ https://marketmakers.cc/

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.