XTB Expands Latin American Footprint With Chilean License
XTB has secured a securities agent license in Chile. This reinforces XTB’s commitment to growth in Latin America, unlocking new opportunities for active traders in the region.
Key Takeaways
- XTB has received a securities agent license from Chile’s Financial Market Commission (CMF).
- XTB expects to start onboarding traders from Chile in the first half of 2025.
- Chilean traders will gain access to international stocks, ETFs, and derivatives through XTB’s user-friendly platform.
- This move marks part of of XTB’s broader Latin American expansion, with Brazil expected to follow.
About The CMF
The Financial Market Commission (CMF) is the key regulatory authority overseeing securities markets, banking, and financial institutions in Chile, including online brokers.
Its mission is to ensure transparency, stability, and investor protection.
Chile’s CMF is considered an ‘orange tier’ body in DayTrading.com’s Regulation & Trust Rating.
About XTB
Founded with the mission to democratize investing, XTB provides instant access to global financial markets through its award-winning xStation platform.
With over 7,000 instruments, including CFDs, stocks, ETFs, and forex, XTB continues to be a top choice for short-term traders worldwide.
Regulated by multiple financial authorities, including the FCA, CySEC, and KNF, alongside the CMF, XTB excels for its innovative app, competitive pricing, and commitment to education.
As XTB expands its footprint, Chilean traders will have an avenue to build their portfolios with a trusted global broker.
