Unlike banks, brokers do not have high rates for their transactions, since the focus of their business is not to win over each one. So you can rest assured that you will not be pressured into signing contracts about which you know little because the manager has to meet the sales target for the month.
How to Know if a Stockbroker is Reliable
At Blix Group, you invest easily and can trust your money to secure financial applications. Every securities broker, in addition to being regulated, is also inspected. For this reason, they have a compliance department.
The objective is to ensure that all internal rules and processes are respected. Thus, risky conduct that could harm customers and the institution itself is avoided. We will now know a little more about each of the elements that provide security to a stockbroker. From the Blix Group this is essential option now.
Registration with the CVM
Linked to the Ministry of Finance, the Securities and Exchange Commission (CVM) is a federal agency that works with legal personality, has its own assets and has administrative authority over the market and securities.
The CVM’s main function is to regulate and supervise investments made in the country, protecting the interests of investors and ensuring the transparency of transactions.
On the commission’s website, it is possible to search the name of the brokerage firms to make sure that they are registered and authorized to act in the area. The initiative seeks to evaluate and qualify the service of brokers and banks that operate in the market.
The program currently has 120 registered financial institutions and more than 12 thousand certified professionals.
Qualification to Operate in the Treasury Direct
We know by Treasury Direct the public fixed income securities that are issued through the system of the same name, organized by the National Treasury. Even though the deals are done on their own platform, banks and brokers are qualified to buy and sell securities in an integrated manner.