Spanish regulator CNMV warns against unregulated broker Banco CFD

Spain’s securities regulator CNMV keeps updating its investor warning list, with one more entity getting a warning today – broker Banco CFD.

The broker, operating at, is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which includes investment advice, or provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of said Law, in relation to the financial instruments detailed in article 2 of the said Law, including, to those purposes, transactions on foreign currency.

You can view the warning from the Spanish regulator by clicking here.

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