CNMVBrazilTier 1Licence number
No number recorded
View licence record- Licence holder
- Held by RICO
- Licence type and regime
- Dealing in securities
Not checkedUpdated
At a glance
Regulation on record for RICO
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
RICO has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for RICO, strongest authority first.
1 record
- CNMVBrazilTier 1
Protection
What this licence protects
CNMV's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Negative balance protection
- Complaints routeCNMV Investor Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by RICO
Answered from the register entries on this page.
Most Popular Questions
RICO offers trading in various regulated financial instruments including forex, options, derivatives, commodities, binary options, futures, and CFDs.
RICO supports several funding methods including bank wire transfer, credit/debit cards, e-wallets like PayPal and Skrill, and cryptocurrencies. Processing times vary from instant for e-wallets to several days for bank transfers, with fees typically dependent on the broker and method.
RICO provides access to the MetaTrader 5 platform, which is available on desktop, iOS, Android, and web trader versions. MetaTrader 5 supports multi-asset trading including Forex, stocks, and futures with advanced analytics and algorithmic tools.
Yes, XP Investimentos CCTVM S.A., also known as RICO, is regulated in Brazil. It holds a license for dealing in securities and is overseen by the Comisión Nacional del Mercado de Valores (CNMV), a tier 1 global regulator. The broker complies with onshore regulations and provides client fund insurance up to €20,000.
RICO has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
RICO holds licence records issued by CNMV. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by RICO comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by RICO has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
RICO has licence records in Brazil. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.