Looking for the best forex brokers in Spain? From our reviews of 30+ brokers we picked the 7 that serve Spanish traders under EU licences with Spanish-language platforms and support, with practical tips from our experts.
Spanish traders are served by EU brokers registered with the CNMV as cross-border providers, most of them licensed by CySEC or the FCA. The best combine that licence with a Spanish-language platform and support, euro accounts and the ESMA leverage caps and protections. We reviewed the brokers on FXCOINZ and picked seven that meet that bar. Each entry links to our full review.
eToro offers Spanish traders a fully Spanish-language platform with real stocks and ETFs commission-free, crypto, CFDs and copy trading, under its CySEC-licensed European entity and a $50 minimum deposit. Its investor-style design makes it a common first account in Spain.
Spanish-language platform, real shares and copy trading under an EU licence.
Plus500 serves Spain through its CySEC entity with a Spanish-language WebTrader and apps, commission-free CFDs, guaranteed stops and a $100 minimum deposit, on one of the simplest interfaces in the industry.
Commission-free CFDs on a clean Spanish-language platform.
IG serves Spain with a Spanish-language platform and app, share dealing alongside CFDs, a $50 minimum deposit and one of the deepest education libraries available, under FCA regulation with EU passporting. Founded in 1974, it is the longest-established broker on this list.
Real shares and CFDs from a 50-year-old broker with a full Spanish service.
XM offers Spanish-speaking clients MetaTrader 4 and 5 in Spanish, a $5 minimum deposit, no funding fees, Spanish webinars and support, from its CySEC-licensed entity under ESMA rules.
MetaTrader in Spanish with the smallest minimum deposit here.
Capital.com provides a Spanish-language proprietary platform with AI-driven insights, an integrated TradingView connection, commission-free CFDs and a $20 minimum deposit, through its CySEC-licensed entity, plus a large Spanish education hub.
A modern Spanish-language platform with TradingView built in.
Tickmill Europe Ltd serves Spanish traders under its CySEC licence with raw spreads from 0.0 pips, low commissions, no-dealing-desk execution, MetaTrader 4 and 5 plus TradingView, and Spanish-language support, from a $100 minimum deposit.
Low-cost raw spreads with an EU licence and TradingView.
FxPro offers Spanish clients no-dealing-desk execution on MetaTrader 4, MetaTrader 5 and cTrader, with TradingView for cTrader accounts, no minimum deposit and Spanish-language support, under FCA and CySEC regulation since 2006.
NDD execution and a wide platform choice with no minimum deposit.
Start with the entity, not the brand: a broker serving Spain should onboard you through an EU-authorised company, which means a CySEC, BaFin, FCA or comparable licence and the investor protections that come with it. Then check the practical things that decide your day-to-day experience: account currency and deposit methods that work locally, support and a platform in your language, spreads on the pairs you trade, and whether the broker offers real shares or CFDs only. The CNMV also publishes warnings about unauthorised firms targeting Spain; check both lists before depositing.
Compare the all-in cost of a round trip on EUR/USD and on the index or share you trade most: the spread, any commission per lot, and the overnight financing rate. Add the fees outside the trade: currency conversion when the account is not in euros, withdrawal charges, and inactivity fees, which most brokers on this list apply after a few months without trading. A broker that advertises zero commission recovers it in the spread, so the headline number alone tells you little.
Every broker here is licensed by at least one tier-1 authority, but the entity that will hold your account is what matters. Take the licence number from the broker's legal pages and look it up on the regulator's own register: the CNMV keeps a public register of authorised and passported firms at cnmv.es, and CySEC and the FCA publish the home licences. The register shows whether the company is authorised, which services it may offer and whether it passports into Spain under EU rules. If the number is missing or the entity is offshore, walk away.
Client money is held in segregated accounts, leverage is capped for retail clients so a single trade cannot wipe you out, negative balance protection stops you owing the broker money, and an investor compensation scheme covers a portion of your funds if the firm fails. You also get a regulator to complain to, and marketing rules that limit the bonus-driven sales tactics common offshore.
Avoid brokers that onboard Spain residents through an offshore entity to offer higher leverage, platforms without a licence number on the site, deposit bonuses tied to trading-volume conditions, and any firm that discourages withdrawals. Be wary of a local phone number and language support standing in for regulation; the licence, not the office, is what protects you.
Forex trading in Spain means buying and selling currency pairs, almost always as CFDs through a broker authorised in the EU. Retail clients trade under ESMA rules: leverage capped at 1:30 on major pairs, negative balance protection and standardised risk warnings. Profits are taxable in Spain, so keep your statements and check the local rules on how trading income is treated.
Trading involves significant risk. Rankings include partner links.