In a statement, CMVM also warned that the aforementioned entity is not legally authorized to conduct advertising or prospecting for clients with the aim of entering into brokerage contracts.
“CMVM states that, contrary to what has been disclosed, this entity is not related to the financial intermediary XTB SA – branch in Portugal (X-Trade Brokers Dom Maklerski SA – branch in Portugal), which operates through the website www.xtb.com /pt, is registered with CMVM, which is not the subject of this communication and does not endorse it in any way,” CMVM adds in the statement.
CMVM also asserts in the statement that “to ensure that a particular entity providing investment services in financial instruments is authorized to conduct activity in Portugal, it must refer to the List of Authorized Financial Intermediaries or the List of Entities Authorized to Provide Financial Services in Portugal in the Free Services Provision System (LPS)” .
[Notícia atualizada às 14h05]Read also: Portugal boosts 38% increase in direct investment in Cape Verde
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Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
