Wikilix
Licence record

RICO: CNMV licence recorded for RICO

Issuing authority
Comisión Nacional del Mercado de Valores
Jurisdiction
Brazil
Licence type
Dealing in securities

This is Wikilix's record of a licence issued by Comisión Nacional del Mercado de Valores. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Comisión Nacional del Mercado de Valores No number on the register

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
XP Investimentos CCTVM S.A.
Issuing authority
Comisión Nacional del Mercado de Valores
Jurisdiction
Brazil
Licence type
Dealing in securities

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/rico/licenses/comision-nacional-del-mercado-de-valores/licence-4158Fields on file 1 / 11

Open RICOAll RICO licencesAbout CNMV
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
Brazil
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence type (Wikilix classification)
Dealing in securities
The authority

About CNMV

Comisión Nacional del Mercado de Valores is the authority that issued this licence, and the jurisdiction it applies in is Brazil.

Full name
Comisión Nacional del Mercado de Valores
Jurisdiction
Brazil
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1988
Oversight
A government or statutory body
Firms we track under it
174 firms
Regulates
forex, Options, Derivatives, Commodity, Binary option, Futures, CFD
Licences it issues
MiFID Investment Firm Licence
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how RICO applies it.
The holder

Who holds this licence

The licence above is recorded against RICO. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
XP Investimentos CCTVM S.A.
Based in
Brazil
Wikilix score
41.3the firm’s overall score, not a rating of this licence
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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 holds this CNMV licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the CNMV register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates CNMV tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
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