This entity is not authorized to engage in any activity

In a press release, the CMVM also warns that the said entity is not legally authorized to carry out advertising or prospecting for clients with a view to concluding financial intermediation contracts.

“The CMVM clarifies that this entity, contrary to what has been disclosed, has no relationship with the financial intermediary XTB SA – Branch in Portugal (X-Trade Brokers Dom Maklerski SA – Branch in Portugal), which operates through the site, registered with the CMVM, and which is not the subject of this communication nor, in any way, endorsed by it”, adds the CMVM in the press release.

The CMVM also points out in the statement that “to ensure that a particular entity that offers investment services in financial instruments is authorized to carry out an activity in Portugal, it must consult the list of authorized financial intermediaries or the list of entities authorized to provide financial services in Portugal under the freedom to provide services (LPS) regime.

[Notícia atualizada às 14h05]

Read also : Portugal increases direct investment in Cape Verde by 38%

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