Regulator profile · MX
CNBV — Comisión Nacional Bancaria y de Valores
Tracked byBrokerlist Editorial · Independent review teamUpdated
The Comisión Nacional Bancaria y de Valores (CNBV) is Mexico's national banking and securities commission. It supervises banks, brokerage firms (casas de bolsa), mutual funds and capital-markets infrastructure. Banco de México (Banxico) handles foreign-exchange flows and monetary policy separately.
Brokers in Mexico accepting residents under CNBV- Jurisdiction
- United Mexican States.
- Founded
- 1995
- Mandate
- Established under the Law of the National Banking and Securities Commission, consolidating predecessor banking and securities regulators. CNBV enforces the Securities Markets Law (Ley del Mercado de Valores 2005), the Mutual Investment Funds Law, and various banking-sector statutes. Cross-coordinates with Banxico on FX matters and CONDUSEF on consumer protection.
- Consumer protection
- IPAB (Instituto para la Protección al Ahorro Bancario) covers bank deposits up to approximately MXN 2.5 million per depositor (400,000 UDI indexed unit). Securities investor protection operates via the Mexican Stock Exchange (BMV) settlement systems. CONDUSEF handles consumer complaints with mediation and arbitration powers.
- Retail leverage caps
- CNBV does not impose specific retail FX leverage caps; conduct-of-business rules and capital-adequacy requirements apply to licensed firms. Most Mexican retail FX activity uses either a small number of CNBV-authorised local brokerages or offshore providers — the latter operating outside the CNBV/Banxico framework.
- Public register
- CNBV publishes lists of authorised banks, casas de bolsa, mutual fund operators and other regulated entities. Cross-reference SAT (tax authority) registration and Banxico foreign-exchange operator listings for full compliance picture. Open register ↗
- Dispute resolution
- CONDUSEF (Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros) handles consumer financial-services complaints. CONDUSEF can mediate, arbitrate and issue binding awards against licensed firms. Disputes with unauthorised offshore brokers fall outside its jurisdiction.
- Editor notes
- Major CNBV-authorised brokerages include Casa de Bolsa Banorte, Vector Casa de Bolsa, GBM and BBVA Mexico's securities arm — primarily focused on Mexican equities, fixed income and BMV-listed derivatives rather than retail OTC FX. Offshore broker access is widespread among Mexican retail traders despite operating outside the CNBV/Banxico regulatory perimeter; USDT crypto-rail funding is a common workaround.
Brokers we track with a CNBV licence
No brokersNo tracked broker currently holds a CNBV licence in our database.