Best trading apps & platforms in Portugal

Pick what you want to trade. Each list shows only companies allowed to serve people living in Portugal. Local regulator: CMVM.

Forex brokers29 licensed providers

Top pickIG78See the ranking CFD brokers31 licensed providers

Top pickIG78See the ranking Stock brokers & investing apps9 licensed providers

Top pickInteractive Brokers71See the ranking Crypto exchanges19 licensed providers

Top pickCoinbase80See the ranking Gold & commodities29 licensed providers

Top pickIG78See the ranking

What’s allowed in Portugal

Taken from the regulators. Coinish only links to providers whose company is allowed to serve Portugal residents.

Market	Status	What it means for you
Forex	Local licence required	Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. Retail forex is offered as CFDs, which the CMVM restricts for retail investors in Portugal (CMVM Regulation 5/2019). Regulator sources (2) “Restricts the marketing, distribution and sale of contracts for differences and prohibits the marketing, distribution and sale of binary option” cmvm.pt · Jul 4, 2022 “investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis” bafin.de · Oct 5, 2026
CFDs	Local licence required	Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. CMVM Regulation 5/2019 restricts the marketing, distribution and sale of CFDs to retail investors in Portugal. Regulator sources (2) “Restricts the marketing, distribution and sale of contracts for differences and prohibits the marketing, distribution and sale of binary option” cmvm.pt · Jul 4, 2022 “investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis” bafin.de · Oct 5, 2026
Stocks and ETFs	Local licence required	Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. Regulator sources (1) “investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis” bafin.de · Oct 5, 2026
Crypto	Local licence required	Since the MiCA transitional period ended on 1 July 2026, crypto platforms serving EU residents need MiCA authorisation as a crypto-asset service provider (CASP) in an EU member state. Regulator sources (2) “Articles 109 and 110 of the MiCA Regulation empower ESMA to publish a central register of crypto-asset white papers, authorised crypto-asset service providers, and non-compliant entities” esma.europa.eu · Oct 5, 2026 “Regulation (MiCA) on 1 July 2026” esma.europa.eu · Oct 5, 2026

Market

Status

What it means for you

Forex

Local licence required

Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. Retail forex is offered as CFDs, which the CMVM restricts for retail investors in Portugal (CMVM Regulation 5/2019).

Regulator sources (2)

“Restricts the marketing, distribution and sale of contracts for differences and prohibits the marketing, distribution and sale of binary option”
cmvm.pt · Jul 4, 2022
“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026

CFDs

Local licence required

Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport. CMVM Regulation 5/2019 restricts the marketing, distribution and sale of CFDs to retail investors in Portugal.

Regulator sources (2)

“Restricts the marketing, distribution and sale of contracts for differences and prohibits the marketing, distribution and sale of binary option”
cmvm.pt · Jul 4, 2022
“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026

Stocks and ETFs

Local licence required

Brokers need MiFID II authorisation from an EEA regulator; firms authorised elsewhere in the EEA may serve residents under the European passport.

Regulator sources (1)

“investment firms authorised by Bafin may establish a branch, make use of tied agents or provide investment services on a cross-border basis”
bafin.de · Oct 5, 2026

Crypto

Local licence required

Since the MiCA transitional period ended on 1 July 2026, crypto platforms serving EU residents need MiCA authorisation as a crypto-asset service provider (CASP) in an EU member state.

Regulator sources (2)

“Articles 109 and 110 of the MiCA Regulation empower ESMA to publish a central register of crypto-asset white papers, authorised crypto-asset service providers, and non-compliant entities”
esma.europa.eu · Oct 5, 2026
“Regulation (MiCA) on 1 July 2026”
esma.europa.eu · Oct 5, 2026

Good to know

Tax on sharesGains on selling shares are Category G capital gains (mais-valias); for shares held more than 24 months, the purchase cost is adjusted by monetary correction coefficients.info.portaldasfinancas.gov.pt

If a local firm failsSistema de Indemnização aos Investidores (SII): up to €25,000 per investor. Firms licensed elsewhere use their home country's scheme.cmvm.pt

Check before you sign upSearch the company's name on the CMVM register before you open an account.web3.cmvm.pt

Top trading apps in Portugal

Ordered by their best Coinish Score here. We count an app only when the store listing is published by the broker’s own company. The app is the same worldwide; the company that opens your account depends on where you live.

Crypto · 80

Forex, CFDs · 78

Crypto · 77

Crypto · 77

Crypto · 75

Forex, CFDs · 72

See every trading app (47 for Portugal)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.