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28 Best Forex Brokers In Spain 

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Choosing the Best Forex Brokers In Spain is essential for success while dealing on the Spanish foreign exchange (Forex) market. The top Forex brokers in Spain should be chosen after taking into account a number of aspects.

Compliance with regulations comes first and foremost. Investors should confirm that the broker is accredited and governed by Spain’s financial regulatory body, the Comisión Nacional del Mercado de Valores (CNMV). This promotes trust and security in your trading endeavors.

Additionally, for traders aiming to optimize their earnings, competitive spreads and cheap trading fees are essential. A variety of trading instruments, including main and minor currency pairs, as well as different financial instruments like commodities and indices, are frequently provided by the top Forex brokers in Spain.

Additionally, these brokers offer user-friendly trading platforms with cutting-edge charting tools, technical analysis, and real-time market data that are geared toward both novice and seasoned traders.

How To Choose The Best Forex Brokers In Spain?

For forex traders, selecting the finest forex broker in Spain—or any other nation—is an important choice. Your trading success and experience can be substantially impacted by choosing the correct broker. You can follow these procedures to select the top forex broker in Spain:

Compliance with Rules: Make that the broker is overseen by an established financial regulatory body, such as the Cyprus Securities and Exchange Commission (CySEC) or the Comisión Nacional del Mercado de Valores (CNMV) in Cyprus or the Financial Conduct Authority (FCA) in the UK.

Account Types: When comparing account kinds, take your capital and trading style into account. Standard, mini, and micro accounts are just a few of the several account kinds that brokers frequently provide to meet the demands of different traders.

Trading Environment: Advanced charting and technical analysis tools should be available on the broker’s trading platform, which should also be stable and user-friendly. The trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are well-liked options.

Monetary pairs: To allow you versatility in your trading tactics, be sure the broker offers a large selection of currency pairs, including major, minor, and exotic pairs.

Fees and Spreads: Pay close attention to any additional fees or commissions as well as spreads (the disparity between the ask and bid prices). Traders may find lower spreads to be more cost-effective.

Leverage: Recognize the leverage choices the broker provides. Leverage can boost profits, but it also raises the possibility of big losses. Make sure the leverage choices offered by the broker fit your level of risk tolerance.

Customer Service: Analyze the broker’s availability and level of client support. In the event that you run into problems or have inquiries, excellent customer service is essential.

Cash in and cash out: Examine the broker’s deposit and withdrawal options, as well as any fees that may apply. Make sure the procedure is simple and dependable.

Research and Education: To assist you develop your trading abilities and make knowledgeable selections, search for brokers who offer educational materials and research tools.

Here Is List Of Best Forex Brokers In Spain

  • Saxo Bank
  • Fusion Markets
  • IC Markets
  • Global Prime
  • Tickmill
  • CMC Markets
  • Pepperstone
  • FP Markets
  • Axi
  • MultiBank
  • IG 
  • XTB 
  • FXCM 
  • XM Group
  • Admiral Markets
  • E​xness
  • IronFX
  • AvaTrade
  • HF Markets
  • eToro 
  • RoboForex 
  • FxPro 
  • HFM 
  • NAGA
  • Capex
  • Trade
  • Markets.com
  • Plus500 

28 Best Forex Brokers In Spain 

1.Saxo Bank (Best Forex Brokers In Spain)

Awarded investment company with more than 1,000,000 clients globally Saxo offers the top online trading platform that links traders and investors to international financial markets. Our clients enjoy safe access to more than 71,000 financial instruments because we are an independent supplier that is completely regulated and licensed.

Saxo Bank

At Saxo, we think that investing awakens a fresh sense of interest about the world. You will interact with new businesses, towns, and perhaps even foreign nations as you uncover an innate urge within to actively learn, explore, and ask questions. This might be described as a desire or passion for learning new things. We refer to it as curiosity.

2.Fusion Markets

Asserting dedication to provide affordable prices year after year, Brookerchooser has recognized us as the “Best MetaTrader Broker” (2020, 2021, 2022, 2023) and “Lowest Spread Forex Broker” (2020, 2021, 2022, 2023) for four consecutive years.

Fusion Markets

Fusion is aware that your trading account balance decreases when trading fees increase. Due to this, we provide commissions starting at $2.25 per lot ($4.50 each side) and 0 spread on the majority of pairs.

3.IC Markets (Best Forex Brokers In Spain)

One of the most well-known Forex CFD providers, IC Markets Global provides trading options for experienced day traders, scalpers, and newcomers to the forex market. Cutting edge trading systems, low latency connectivity, and exceptional liquidity are all things that IC Markets Global offers its customers.

IC Markets

Online forex trading is being revolutionized by IC Markets Global. Previously exclusive to investment banks and high net worth people, traders can now access pricing. executive team has extensive knowledge of the Asian, European, and North American forex, CFD, and equity markets. This knowledge has given us the ability to hand-pick some of the top pricing suppliers on the market and choose the best technology solutions.

4.Global Prime

In order to primarily serve the expanding institutional demand for MT4 Forex trading at the time of its establishment in 2010, Global Prime. We started serving retail customers in 2011 and haven’t looked back since.

Global Prime

We have expanded to serve thousands of clients globally in just 12 years, and we are now the top-rated broker in our sector. goal is to keep democratizing access to global financial markets. We strive to provide a wide variety of items with extremely low trading fees and no minimum account size because of this.

5.Tickmill (Best Forex Brokers In Spain)

We do provide Cash CFDs, which let you trade at a constant price without regard to time limits. The underlying futures contracts serve as the basis for the Cash CFD pricing. With low spreads starting at 0.0 pips and an average execution speed of 0.15 seconds, Tickmill caters to your needs.


Deposits made through Skrill, Neteller, FasaPay, UnionPay, and credit cards are handled instantaneously, while withdrawals take one business day to process. We take pride in the fact that there are no trading limitations or requotes. We also permit the use of algorithms, EAs, arbitrage, hedging, and scalping.

6.CMC Markets

We want to give you the best trading experience possible. We have a passion for online trading, and we’re always coming up with new ideas and trying to make it easier for our customers to invest in the stock market. Regardless of market volatility, we strive to deliver tight spreads together with competitive and dependable pricing.

CMC Markets

Across the board, we provide competitive spreads, starting at 0.5 pip on the EUR/USD, 1 point on significant indexes like the UK 100, and 0.2 points on Gold. Our margin rates for FX start at 3.3%, indices and commodities start at 5%, and shares and treasuries start at 20%.

7.Pepperstone (Best Forex Brokers In Spain)

We at Pepperstone are familiar with trading. We are here to provide you with everything you need to confidently face the international markets, with the scope of a global fintech and the agility of a start-up. A group of seasoned traders who were dedicated to enhancing the internet trading industry created Pepperstone in 2010 in Melbourne, Australia.


We set out to offer traders around the world excellent technology, affordable spreads, and a sincere commitment to helping them understand the trade after being frustrated by delayed executions, high prices, and subpar customer service.

8.FP Markets

Since its founding and registration in 2005, FP Markets has provided foreign exchange (Forex) and contracts for differences (CFD) brokerage services on a global scale. We take great satisfaction in offering traders an amazing trading experience, and we frequently receive recognition as the #1 Value Global Forex Broker*.

FP Markets

Forex traders are aware of the significance of dealing with a universal broker that is regulated, as this requires FP Markets to abide by some of the strictest international regulations set forth by the European Securities and Markets Authority (ESMA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investment Commission (ASIC).

9.Axi (Best Forex Brokers In Spain)

As traders ourselves, we are aware of your needs. Whether you’re a novice trader or an expert, we equip you with narrow spreads, lightning-fast execution, cutting-edge tools, and a customer service that consistently wins awards.


We have clients in more than 100 nations and are licensed and regulated. We take great pride in being a leading international online trading organization, and we won’t stop working until we can offer each and every one of our traders the best possible trading environment.


Trade with assurance with the cutting-edge trading platforms from MultiBank Group, which offer ground-breaking levels of stability and dependability. Take advantage of the tightest pricing and liquidity offered by premier banks and prime brokers by subscribing to them.


ASIC, AUSTRAC, BAFIN, CIMA, ESCA, FSC, FMA, MAS, TFG, and VFSC are just a few of the 14 regulators who oversee the various entities that make up MultiBank Group, which operate on five different continents. In order to serve its international clientele and collaborate with affiliates in important financial centers across the world, MultiBank Group operates more than 25 offices globally.

11.IG (Best Forex Brokers In Spain)


You’ve arrived at the proper location. We provide CFDs, which let thousands of traders profit from opportunities in indices, currency, shares, and other markets. We are the top CFD provider in the world because more traders entrust us with their funds than any other company1. IG International prioritizes the protection of client funds and has been granted a license by the Bermuda Monetary Authority to engage in the trading of digital assets.



One of the biggest FX & CFD brokers in the world, we offer retail traders immediate access to hundreds of international marketplaces. One of the biggest stock exchange-listed FX & CFD brokers in the world, XTB has almost 20 years of experience. Over 13 nations, including the UK, Poland, Germany, France, and Chile, host our offices.

13.FXCM (Best Forex Brokers In Spain)

Leading suppliers of online foreign exchange (FX), CFD, spread betting, and related services include FXCM. The mission of the company, which was founded in 1999, is to give international traders access to the biggest and most liquid market in the world by providing cutting-edge trading tools.


Hiring outstanding trading educators, adhering to stringent financial standards, and aiming for the best online trading experience available. Mobile trading, one-click order execution, and trading from real-time charts are benefits for clients. Additionally, FXCM delivers premium resources, trading tools, proprietary data, and training courses on FX trading.

14.XM Group

The currency exchange market as we know it today is referred to by the terms forex trading, currency trading, or FX trading. In layman’s terms, this refers to the global, decentralized marketplace where people, businesses, and financial institutions exchange currencies for one another at floating rates.

XM Group

After World War II, the present floating rates system was implemented and has been in use ever since. The Bretton Woods Agreement, a monetary management system that predated the current system of forex trading rates, stipulated that currency exchange rates should be linked to and correlated with the gold reserves held by the two original signatories of the agreement.

15.Admiral Markets (Best Forex Brokers In Spain)

Admiral Markets has changed to Admirals, and we are happy to announce this. This rebranding symbolizes our continued development into a comprehensive financial centre. While we broaden what we provide, our dedication to you doesn’t change.

Admiral Markets

Purchasing stocks and ETFs Trading Calculator Account Types: Demo Trading Account Payouts & Deposits Islamic Forex Account Documents and Policies for Fractional Investing Individual Offer


Exness, a forex and CFD broker established in 2008, provides access to trading in currencies, cryptocurrencies, equities, indices, metals, and commodities. Exness provides MetaTrader 4 and 5 in addition to their own proprietary Trading Terminal platform.


Different types of traders are catered for by a wide range of account types. According to the corporate website, Exness had 257,135 active clients as of January 2022.

17.IronFX (Best Forex Brokers In Spain)

Four companies—Notesco Financial Services Ltd. in Cyprus, Notesco UK Limited in the UK, Notesco (SA) Pty Ltd. in South Africa, and Notesco Limited in Bermuda—provide IronFX’s services.


The broker offers MetaTrader 4, a platform that is quite well-liked.Seven different account kinds are available to traders. The option to select between the fixed and the floating spread is available on three accounts. For four different account categories, there is an option for an Islamic account.

There are several currency pairings, commodities, and indices available on IronFX. Interesting is the bitcoin offering as well. There are a moderate amount of stocks available. The choices for deposits and withdrawals are numerous. The foundation currencies that traders can utilize vary.



The Best Forex Broker in Spain is AvaTrade, which is licensed by 7 top-tier regulators on 6 continents. AvaTrade provides access to more than 1250 trading instruments, numerous trading platforms, and a selection of automated trading platforms.

19.HF Markets (Best Forex Brokers In Spain)

HF Markets is the best broker option for foreigners due to its global regulatory compliance. FSCA, CySEC, DFSA, FSA, FCA, and the CMA are a few of the regulations. HFM is a recognized forex and commodities broker that offers both retail and institutional clients trading services and resources.

HF Markets

HFM has established itself as the go-to forex broker for traders all over the world because to its philosophy of offering the finest trading conditions to its customers and granting both scalpers and traders utilizing expert advisors unlimited access to its liquidity.


As a member of a worldwide community, eToro’s trading and investing platform gives you the tools to increase your money and knowledge. All of us desire for our money to work harder. We all want to be able to perform better, whether we are experts or novices.


In 2007, eToro was established with the goal of creating a society in which anybody may invest and trade in a straightforward manner.

We consider shared information to be powerful. In order to foster social interaction and investor education, we have established an investment community. Our website is made to give you the resources you need to increase your wealth and knowledge.

21.RoboForex (Best Forex Brokers In Spain)

The company’s strong suits are the RoboForex bonus programs. If a trader deposits $10 or more into their account, they will each receive a $30 Welcome Bonus. Additionally, the broker provides a typical bonus of up to 120% on both the initial deposit and subsequent account replenishments. Depending on the volume of trading, additional bonuses range from 5% to 15% cash back on the costs to 10% extra funds for more than 1,000 trades.


Except for R StockTrader, all accounts require a $10 minimum deposit. The minimum amount required to duplicate trades on the CopyFx platform and trade stocks on the R StocksTrader is $100. On Pro and ProCent accounts, the spread on Prime and ECN accounts is floating and starts at 0 pip.


On six asset classes, including forex, shares, spot indices, futures, spot metals, and spot energy, FxPro offers Contracts for Difference (CFDs). Without the use of a dealing desk, we give our clients access to top-tier liquidity and sophisticated trade execution.


Since 2010, the FCA has authorized and governed FxPro UK Limited. Since 2007, the CySEC and the FSCA have authorized and governed FxPro Financial Services Limited. The SCB is responsible for authorizing and supervising FxPro Global Markets Limited.

23.HFM (Best Forex Brokers In Spain)

HFM is a recognized forex and commodities broker that offers both retail and institutional clients trading services and resources. HFM has established itself as the go-to forex broker for traders all over the world because to its philosophy of offering the finest trading conditions to its customers and granting both scalpers and traders utilizing expert advisors unlimited access to its liquidity.


HFM provides a range of account types, trading platforms, and tools to make it easier for retail and institutional clients to trade Forex and derivatives online. Through cutting-edge automated trading platforms, all Retail, Affiliate, and White Label clients can access a range of spreads and liquidity. HFM offers clients an unrivaled selection of account options from which they can choose to take advantage of a customized trading experience that matches



NAGA has authorized and locally controlled group entities. The Financial Services Authority of Seychelles (FSA) oversees NAGA Capital Ltd. Commodities, stocks, futures, currency pairs, indices, and other CFDs.

25.Capex (Best Forex Brokers In Spain)

We are a global company that was founded in 2016 with the intention of improving accessibility and rewardingness of online trade for everyone. We combine technology with a client-focused and educational approach to produce a really unique trading experience.


We’re always there for you in a world that is continuously changing, giving you all the tools you need to strive for greatness and never accept anything less than you deserve.



Welcome to the CFD trading world, a place filled with limitless options! Trade more than 2,100 leveraged assets and short or long the market using cutting-edge technology. We give you the ability to take full advantage of market changes. With CFDs, you may easily traverse the constantly shifting landscape of multiple financial markets from a single practical platform.

27.Markets.com (Best Forex Brokers In Spain)

We have been in operation since 2009, and we are fully compliant in five key regions, including the UK and Europe. You’ve come to the correct place if you want to trade with the support of a reputable broker who has helped traders just like you for more than ten years.


The BBC, CNBC, and Bloomberg have all highlighted our analysts. You receive markets.com’s market knowledge and analysis before anyone else when you trade with them. start out as a more knowledgeable trader.


A multinational, multi-asset fintech company called Plus500 runs trading platforms with its own proprietary technology. Customers of Plus500 have access to a variety of trading products, including as Contracts for Difference (“CFDs”), share dealing, and futures trading through Plus500US in the US. The FTSE 250 index includes Plus500, which has a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS).


Plus500CY Ltd. is the provider of the Plus500 trading platform. Therefore, the financial products listed or made available on this website are issued and sold by Plus500CY Ltd. A Cyprus-based business with offices in Limassol is called Plus500CY Ltd. With license number 250/14, the business is approved and governed by the Cyprus Securities and Exchange Commission (CySEC) to provide contracts for difference.

Conclusion Best Forex Brokers In Spain

In conclusion, choosing the Best Forex Brokers In Spain is an important choice for both new and seasoned traders. The Spanish forex market has a wide range of possibilities, so it’s important to weigh many elements before making a decision.

First and foremost, regulatory compliance is crucial. Check that the broker is accredited and governed by the Comisión Nacional del Mercado de Valores (CNMV), as this guarantees that the broker operates within the law and abides by stringent financial criteria.

Second, think about the trading platform and resources provided. Your trading experience can be greatly improved by a feature-rich, user-friendly platform. Look for brokers who provide a variety of research tools, instructional resources, and technical analysis tools.

Additionally, it is important to carefully consider trading expenses including spreads, charges, and overnight financing rates. Over time, lower costs may have a significant effect on your profitability.

Additionally important are customer service and assistance. When you have concerns or problems, or during crucial trading moments, prompt and responsive customer service can literally save your life.

The variety of assets and trading possibilities accessible should also be considered. You can have more trading opportunities with a wide range of currency pairs, commodities, indices, and cryptocurrencies.

FAQ Best Forex Brokers In Spain

What are Forex brokers?

Financial institutions known as forex brokers enable currency trading on the foreign exchange market. By giving traders access to the forex market, they enable them to purchase and sell currencies and take advantage of changes in exchange rates to their advantage.

Are Forex brokers in Spain regulated?

Yes, the Comisión Nacional del Mercado de Valores (CNMV), Spain’s financial regulatory body, oversees Forex brokers in the country. To guarantee the security of your money, it’s essential to trade through a broker that has been approved by the CNMV.

What trading platforms do the best Forex brokers in Spain offer?

Popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are frequently provided by the top forex brokers in Spain. These systems are renowned for having intuitive user interfaces, sophisticated charting tools, and automated trading features.

Do Forex brokers in Spain charge fees and commissions?

The spread (the price difference between the buy and sell prices), trade commissions, and overnight financing costs (swap rates) are all possible expenses that Forex brokers may impose. Before creating an account, it is critical to comprehend the broker’s charge schedule.

What currency pairs can trade with a Spanish Forex broker?

The majority of Spanish Forex brokers provide a large selection of currency pairings, including popular ones like EUR/USD, GBP/USD, and USD/JPY as well as uncommon and exotic ones. Currency pairs might not be offered by all brokers.

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