Accounts and access
Sections ↑CM Capital offers domestic securities and futures trading alongside institutional and high-frequency services. Its retail tariff separates RLP discounts, strategy fees and forced exits. The margin table contains exceptional values for the 26 October 2026 session; requirements for later sessions may change.[3]
At a glance01
Client and access routes
| Route | Scope |
|---|---|
| Retail trader | Self-directed B3 account; RLP changes eligible mini-contract brokerageSource 3Source 8 |
| Adviser / assisted desk | Separate service and charging basisSource 3Source 8 |
| Institutional / HFT | Specialist execution/connectivity; not automatically included with a retail terminalSource 3Source 8 |
| Nonresident investor | Dedicated service route with its own onboardingSource 3Source 8 |
Markets and contract mechanics
Sections ↑At a glance02
Markets in the published tariff
At a glance03
WDO mini-dollar contract specification
| Feature | B3 contract rule |
|---|---|
| Underlying | BRL per US dollar commercial exchange rateSource 1 |
| Contract size | USD 10,000 of notional exposureSource 1 |
| Quote convention | BRL per USD 1,000; a quoted 5,000.0 corresponds to BRL 5.0000 per USDSource 1 |
| Minimum tick | 0.50 quotation point = R$5 per contractSource 1 |
| One quotation point | R$10 per contract; 100 points = R$1,000Source 1 |
| Trading lot | One contractSource 1 |
| Expiry | First business day of the expiry month; trading ends in the preceding sessionSource 1 |
| Settlement | Financial settlement; a futures position does not deliver a withdrawable USD balanceSource 1 |
The contract size is much larger than the cash posted as margin. A 14-point adverse move in one WDO contract equals R$140 before costs. That arithmetic does not mean the broker must close the position at R$140, or that losses cannot exceed the collateral.[1][2]
Trading costs and subscriptions
Sections ↑At a glance04
Futures brokerage per contract
| Contract | Published standard rate | Condition |
|---|---|---|
| WIN / WDO | R$0 with RLP; R$0.99 without | Eligible retail RLP accountSource 3 |
| DOL / IND | R$2.99 | Standard tableSource 3 |
| WSP | R$0.99 | Standard tableSource 3 |
| ISP | R$6.99 | Standard tableSource 3 |
| BIT / ETR / SOL | R$0 | Published current tableSource 3 |
| DI | R$2.99 | Standard tableSource 3 |
| SML / GLD | R$0.99 | Standard tableSource 3 |
| Stock futures | R$0.02 day / R$0.03 swing | Per contractSource 3 |
At a glance05
Commodity brokerage
At a glance06
Compulsory liquidation from 9 March 2026
At a glance07
Options exercise bands
At a glance08
Lending, debit and forced redemption
| Event | Tariff |
|---|---|
| Securities borrower | 0.20% of settled or renewed lending valueSource 3 |
| Securities lender | 40% of the contract lending rateSource 3 |
| Debit default | 2% penalty on the obligation plus late interest calculated at 1% monthly for days overdueSource 3 |
| Forced redemption of funds / fixed income / Treasury / pension | 0.50% of the redemption financial valueSource 3 |
| Fund or pension underlying fees | Administration and possible performance fees are governed by the product rulesSource 3 |
At a glance09
Paid strategy execution
| Strategy | Published pricing |
|---|---|
| Trade Certo / Gradiente Linear — cash market | 0.15% of Bovespa trading valueSource 3 |
| Trade Certo / Gradiente Linear — WIN/WDO/BIT | R$0.49 per contract with active RLPSource 3 |
| Trade do Analista / Trade Quant — cash market | 0.5% per buy and sell operationSource 3 |
| Trade do Analista / Trade Quant — WIN | R$0.99 each buy and sell contractSource 3 |
| Trade do Analista / Trade Quant — WDO | R$1.99 each buy and sell contractSource 3 |
At a glance10
Charges outside headline brokerage
| Cost component | When it matters |
|---|---|
| B3 charges | Exchange, clearing and settlement charges follow the applicable instrument and trading patternSource 3Source 1 |
| Tax and invoice additions | Broker schedules may quote charges before taxes or other invoice items; check each schedule’s basisSource 3Source 1 |
| Platform subscription | A recurring charge may apply even when order commission is waivedSource 3Source 1 |
| Risk intervention | The broker’s compulsory-close or desk tariff can exceed self-service commissionSource 3Source 1 |
| Price movement and financing | Slippage, daily futures settlement and collateral/debit charges are separate from brokerageSource 3Source 1 |
Execution, margin and risk controls
Sections ↑At a glance11
Exceptional margin snapshot: 26 October 2026
At a glance12
Other published collateral amounts
B3 publishes a R$140 minimum intraday margin for WDO. It is an exchange floor, not a promise that every account can trade with R$140. The broker’s live requirement, available guarantees, pending orders and any switch to an overnight position determine actual capacity.[2]
Funding, withdrawals and asset transfers
Sections ↑At a glance13
Depositing BRL
| Method | Published process / restriction |
|---|---|
| TED | Same-holder bank account; obtain transfer details in Portal profile or app PerfilSource 5 |
| Pix | Same-holder bank account; use the Pix key displayed inside the authenticated CM interfaceSource 5 |
| Recipient | The Pix beneficiary is CM Capital Markets CCTVM Ltda.; allocation to the client is automaticSource 5 |
| Multiple CM accounts | Pix is credited to the principal accountSource 5 |
| Processing window | Business days 06:30–23:59; outside that window, next business windowSource 5 |
At a glance14
Withdrawing cash
| Channel | Procedure |
|---|---|
| Portal | Transferências > Recursos; select the registered bank account, amount and dateSource 6 |
| App | Expand the home-screen tools, then Transferências > RecursosSource 6 |
| Payment rail | TED, according to the help articleSource 6 |
| Expected receipt | Can take until the end of banking hours; subject to available funds and processingSource 6 |
At a glance15
Custody-transfer service periods
Client assets and investor protection
Sections ↑CM Capital’s privacy and corporate disclosures identify CM Capital Markets CCTVM Ltda., CNPJ 02.685.483/0001-30. The group’s institutional services and the retail trading account have different operational scopes; software access by itself does not establish a client’s market permissions.[9][8]
At a glance16
Investor compensation and market losses
| Issue | Applicable boundary |
|---|---|
| BSM MRP | Up to R$200,000 per occurrence for qualifying, proven losses in covered intermediary or custody activitySource 11Source 12 |
| Market risk | Ordinary price losses and the issuer’s bankruptcy are not covered by MRPSource 11Source 12 |
| Claim timing | BSM states an 18-month period from the loss-causing eventSource 11Source 12 |
Support, outages and complaints
Sections ↑At a glance17
Customer service and complaint contacts
| Channel | Published contact | Scope / hours |
|---|---|---|
| Service / WhatsApp | +55 11 2388-0480 | Published client channelSource 3Source 5 |
| Reception | +55 11 3842-1122 | Corporate contactSource 3Source 5 |
| Help centre | https://ajuda.cmcapital.com.br/ | Published funding, withdrawal and portability instructionsSource 3Source 5 |
| Complaints / ombudsman | https://cmcapital.com.br/ | Use the official Ouvidoria link for formal escalationSource 3Source 5 |
At a glance18
A disputed automatic close
| Issue | Published evidence to compare |
|---|---|
| Trigger | CM distinguishes closure for loss and closure by timeSource 4Source 3 |
| Fee date | Use the 9 March 2026 column, not the preceding historical chargeSource 4Source 3 |
| Cash-market close | 0.5% with R$45 minimumSource 4Source 3 |
| Supporting records | Retain the order, position, timestamp, brokerage note and applicable margin noticeSource 4Source 3 |
Platforms and additional services
Sections ↑At a glance19
Retail tools and specialist services
| Service | Scope |
|---|---|
| Professional terminals | Profit Ultra, Profit Pro, Scalper Pro and Tryd Pro are listedSource 3Source 8 |
| CM Home Broker | Retail digital dealing interfaceSource 3Source 8 |
| Strategy tools | Trade do Analista, Trade Quant, Trade Certo and Gradiente Linear have separate tariffsSource 3Source 8 |
| HFT / interdealer / nonresident | Specialist services listed separately from retail tradingSource 3Source 8 |
Company and legal identity
Sections ↑At a glance20
Legal identity
| Identifier | Detail |
|---|---|
| Company | CM Capital Markets Corretora de Câmbio, Títulos e Valores Mobiliários Ltda.Source 9Source 3Source 10 |
| CNPJ | 02.685.483/0001-30Source 9Source 3Source 10 |
| Corporate address | Rua Gomes de Carvalho, 1195, 4th floor, Vila Olímpia, São PauloSource 9Source 3Source 10 |
| B3 participant lookup | Use the company’s exact CNPJ when matching the participant entrySource 9Source 3Source 10 |
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
CM Capital Markets Corretora de Câmbio, Títulos e Valores Mobiliários Ltda.
BrazilSource 8
No separate licence entry is recorded in this panel.
Worked examples and practical distinctions
Sections ↑At a glance21
Worked WDO cost and price examples
| Scenario | Calculation | What the result excludes |
|---|---|---|
| Non-RLP WDO round trip | 2 × R$0.99 = R$1.98 base brokerage | 10.68% tax, B3 costs and P/LSource 3Source 1 |
| One WDO risk exit | R$31.90 base liquidation charge | Entry fee, taxes, exchange costs and lossesSource 3Source 1 |
| Non-RLP entry plus risk close | R$0.99 + R$31.90 = R$32.89 base charges | Other charges and P/LSource 3Source 1 |
| WDO 40-point loss | 40 × R$10 = R$400 | No promise of liquidation at that precise amountSource 3Source 1 |
WDO provides exchange-traded currency exposure and cash settlement in reais. Funding an overseas currency account requires a separate conversion with its own fees and terms.[1]
Sources & further reading
- B3 mini-dollar futures contract specification B3 · Accessed 26 Oct 2026
- B3 minimum intraday margins for retail mini-futures B3 · Accessed 26 Oct 2026
- Current futures brokerage, RLP and compulsory liquidation history CM Capital · Accessed 26 Oct 2026
- Compulsory liquidation charges changed on 9 March 2026 CM Capital Support · Accessed 26 Oct 2026
- Funding CM accounts by same-name TED or PIX CM Capital Support · Accessed 26 Oct 2026
- Withdrawing via CM app or portal and TED settlement CM Capital Support · Accessed 26 Oct 2026
- Portability procedures and eligible derivatives, 2026 CM Capital Support · Accessed 26 Oct 2026
- CM Capital group, e.PLUS, Brazil/Spain company history CM Capital · Accessed 26 Oct 2026
- CM CCTVM group entity and address from privacy notice CM Capital · Accessed 26 Oct 2026
- BSM: scope and limit of MRP compensation BSM Supervisão de Mercados · Accessed 26 Oct 2026
- BSM: submitting an MRP claim and the 18-month deadline BSM Supervisão de Mercados · Accessed 26 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.