Home -
Original -
Main body -

WikiFX Express

Exness
XM
EC Markets
TMGM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
DBG Markets

Spain’s CNMV Flags Six Unlicensed Forex Brokers

WikiFX
| 2025-09-19 01:29

Abstract:Spain’s CNMV has flagged six unlicensed brokers, warning investors of potential risks. Check WikiFX to verify broker licenses and protect your funds.

Spains National Securities Market Commission (CNMV) has issued a warning against six websites found to be offering financial and forex services without the required authorization. The regulator stressed that unlicensed brokers pose significant risks to investor protection and should be avoided.

CNMV‘s Position on Investor Safety

As Spain’s financial markets watchdog, the CNMV regularly publishes “public warnings” to remind investors that entities lacking authorization cannot legally provide investment services in the country. For those who engage with such firms, the risks are considerable—ranging from the potential loss of funds to the absence of legal safeguards in case of disputes.

The regulator highlighted that investors must verify a brokers regulatory status before opening accounts or transferring money, particularly when the offers seem attractive or exclusively online.

Six Firms Named in the Warning

According to the CNMV, the following websites are operating without authorization in Spain:

  • Ghcwm / GHC Wealth Management – Website: sp.ghcwm.com
  • BlumBerg / BlumBerg Trade – Website: blumbergtrade.net
  • Ever Trust Gain – Website: evertrustz-gain.com
  • KHNTUS – Website: khntus.com
  • InteractivePRO / Interactive Pro LTD – Website: interactive-proltd.com
  • PPC Finance – Website: ppc.finance

The CNMV clarified that these companies are not registered under Spains Securities Market Law, meaning their investment and forex-related services lack the oversight necessary to protect investors.

What Investors Should Do

Investors are strongly advised to verify broker details directly on the CNMVs official website before making financial decisions. This step is crucial in avoiding unauthorized platforms that could misuse client funds or fail to provide proper safeguards.

Staying alert to regulator warnings and consulting reliable resources helps investors reduce risk and trade with greater confidence.

WikiFX Express

Exness
XM
EC Markets
TMGM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
DBG Markets

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
D prime

D prime

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
D prime

D prime

Regulated

Latest News

Behind the Licences: Is Pepperstone Really Safe for Malaysians?

WikiFX
2025-10-04 15:52

Promised Recession... So Where Is It?

WikiFX
2025-10-04 18:30

Hirose Halts UK Retail Trading Amid Market Shift

WikiFX
2025-10-03 18:07

FINRA Fines United Capital Markets $25,000

WikiFX
2025-10-03 17:30

CONSOB Blocks EurotradeCFD’s Solve Smart, 4X News

WikiFX
2025-10-03 17:05

Oanda: A Closer Look at Its Licenses

WikiFX
2025-10-03 15:02

FCA Urges Firms To Report Online Financial Crime

WikiFX
2025-10-03 15:32

IBKR Jumps on September DARTs, Equity Growth

WikiFX
2025-10-03 19:10

Service Sector Surveys Show Slowdown In September Despite Rebound In Employment

WikiFX
2025-10-03 18:08

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Mevora Capital

Mevora Capital

Tharwa Investment

Tharwa Investment

uMarketPro

uMarketPro

Mobis-invest

Mobis-invest

Vertex Group

Vertex Group

Easytrade Pros

Easytrade Pros

Axelprivatemarke

Axelprivatemarke

Velox Trades

Velox Trades

MatrixTrade Capitals

MatrixTrade Capitals

PandoraProfit

PandoraProfit