3 Best Forex Brokers in Spain for 2026
Updated: Oct 21, 2026
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What changed in this update
At FXEmpire, we have a 250-point rating system for brokers that we have tested. Our large database allows us to find the best options for traders, depending on their circumstances. For Spanish traders, they will be looking for more than just spreads or platforms. Yes, those are important, but there are other things that they will like, such as Spanish support, websites, and analysis.
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Every review and score on our site comes from independent, hands-on testing, and no broker can pay to change a score or a verdict. Brokers pay to appear on our site. That can affect which brokers we feature and where. How we make moneyWhy you can trust this list
2011
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Scoring categories- How this list works. Our editors choose brokers that meet this page's criteria and impressed us in testing. The list is not in score order. Brokers pay to appear on our site, which can affect which brokers we feature and where. No broker can pay to change a score or a verdict.
- The authority on broker reviews since 2011. Traders have relied on our independent testing for over a decade.
- 70+ brokers tested. We test leading brokers the same way, so we can compare them fairly.
- Every broker takes the same test. One published scoring system, with 9 weighted categories and 250+ variables, all measured hands-on by our analysts.
- Key facts are checked before publishing. An editor re-checks licenses, spreads and fees against our test data.
In this article, I am only including brokers that accept clients from Spain, prioritizing those passported to Spain via the CNMV or regulated by top-tier European regulatory bodies. I also looked for those places that support the Euro as a base currency, avoiding unnecessary conversion costs.
Spanish-language platforms were also a bonus, but not always easily found. The brokers should also offer a large list of assets for trade, such as forex, commodities, stocks, indices, crypto, and more, if possible.
List of Top Forex Brokers in Spain
14,200+ trading instruments. Versatile trading platform. MT4, MT5. Free VPS. Advanced market research. FIX API solutions. Copy trading.
Tightly regulated. 2100+ tradable instruments. Execution averaging 12 milliseconds. Robust market research. No deposit requirement to open an account.
Advanced trading platform. Listed on the SIX Swiss Exchange. Autochartist content. Trading FIX APIs. Execution speeds of about 9 milliseconds.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
 MultiBank Group | 4.5 | 4.0 | $50 | 1:500 (TFG) 1:30 (ASIC) · 1:500 (SCA) · 1:20 (MAS) · 1:30 (BaFin) · 1:30 (CySEC) · 1:500 (BVI FSC) · 1:1000 (CIMA) · 1:30 (FMA) · 1:500 (FSA) · 1:30 (AUSTRAC) · 1:500 (VARA) · 1:500 (VFSC) · 1:500 (FSCM) | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. |
 FxPro | 4.4 | 3.6 | $0 | 1:30 (FCA) 1:200 (SCB) · 1:10000 (FSA) · 1:30 (CySEC) · 1:10000 (FSA) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
 Swissquote | 4.3 | 2.6 | $1000 | 1:100 (FINMA) 1:100 (DFSA) · 1:20 (MAS) · 1:20 (SFC) · 1:30 (FCA) · 1:100 (FSCA) · 1:30 (CSSF) · 1:30 (MFSA) · 1:30 (CySEC) | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments |
How Did I Select the Best Forex Brokers in Spain?
- I searched for brokers that are allowed to operate in Spain and are regulated by major European regulators.
- Only brokers that accept Spanish clients were included in this article.
- All brokers in this article support the euro (EUR) as a base account currency.
- I found brokers to offer platforms, websites, and customer support in Spanish.
Best Overall
All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all.
- $50Min Deposit
- 14187Tradable Instruments
- MediumFees
Why We Picked It
MultiBank is based in Dubai and has been in operation since 2005. The ability to trade over 14,200 instruments means traders can trade the entire world. This includes forex, metals, shares, indices, commodities, and cryptocurrencies.
Key Features:
- Entity for Spanish Traders: MEX Europe Ltd, regulated by CySEC
- Max Leverage: 1:30 for retail traders and 1:200 for professional traders
- Website and customer support in Spanish: Yes
- Platforms in Spanish: MultiBank App (web and mobile), MetaTrader 4, and MetaTrader 5
- European Markets: 9 currency pairs, hundreds of stocks, 5 indices
- Spanish Assets: 1 Index
The MultiBank App is the platform I tested, and I found the TradingView-supplied charting was very familiar. The app is very fast and is very efficient. The markets are easy to look around, and allow the traders to find opportunities.
There is also a free Virtual Private Server for clients to take advantage of, for low-latency trading, and even a FIX API for Direct Market Access (DMA) trading. This allows traders to find raw spreads directly from the exchange order books.
The spreads are good, ranging from low to average, although the crypto markets are a bit of an outlier, with high spreads. The in-house market analysis and news area is top-notch, and even includes trading signals for those looking for them. The educational content is also a strong point.
Pros and Cons
Pros
- Over 20,000 tradable instruments
- Strong proprietary app
- Advanced market analytics
- Free VPS
- FIX APIs
- Copy trading available
Cons
- High spreads in crypto markets
Best Order Execution
4.4
73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK)
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
FxPro has been in operation since 1999 and offers over 2,100 assets for trading. Based out of London and heavily regulated, FxPro offers forex, commodities, share CFDs, indices, cryptocurrencies, futures contracts, and ETFs. With over 400 markets being based in the European Union, this will be a strong choice for local traders.
Key Features:
- Entity for Spanish Traders: FxPro Financial Services Ltd, regulated by CySEC
- CNMV registration number: 1722
- Max Leverage: 1:30 for retail traders and 1:200 for professional traders
- Website and customer support in Spanish: Yes
- Platforms in Spanish: Yes (except for FxPro Trading Platform)
- Available Platforms: FxPro Web Trader, MT4, MT5, TradingView, and cTrader
- European Markets: 19 currency pairs, 2 metals, 352 share CFDs, 8 indices, 6 futures, multiple ETFs
- Spanish Assets: 1 Index
I used the Standard FxPro account for my testing, which has no commissions with tight spreads starting at 1.2 pips. The account doesn’t have a minimum deposit, and I found that overall, the spreads in this account were within the industry standards for most instruments.
FxPro has a robust proprietary trading platform, with excellent charting and technical analysis tools, and offers several order types, as well as one-click orders. The platform is super fast, as the average execution speed was 12 milliseconds. For those looking to automate trading, a free Virtual Private Server is offered to clients as well.
There is a strong market research area, as well as analysis. The broker also has multiple types of educational material, with technical analysis, fundamental analysis, and psychology all covered.
Pros and Cons
Pros
- Great selection of platforms
- 12 millisecond executions
- Over 2,100 assets
- Free VPS
Cons
- FxPro platform is in English only
Best Trading Platform
4.3
Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments
- $1000Min Deposit
- 454Tradable Instruments
- HighFees
Why We Picked It
Swissquote is out of Switzerland and has been in business since 1996. It has the ability to offer millions of investments – via structured products – depending on the amount deposited, as well as local regulations. This bank is listed on the SIX Swiss Exchange and stands out from the crowd with its versatile trading platform.
Key Features:
- Entity for Spanish Traders: Swissquote Bank Europe S.A., regulated by CSSF (Luxembourg)
- CNMV registration number: 5159
- Max Leverage: 1:30 for retail traders
- Available Platforms: CFXD, MT4, MT5, TradingView, SQX (for crypto trading)
- Website and customer support in Spanish: Yes
- Platform in Spanish: Yes
- European Markets: 17 currency pairs, 2 metals, Multiple share CFDs, 9 indices, 1 bond
- Spanish Assets: 2 indices
I used the CFXD platform for my test, which is very streamlined and also has many supporting tools and high-definition charts. There are over 80 technical indicators and 15 timeframes available for traders to analyze markets.
There is the ability to place market, limit, stop, one-click, and chart-based orders, as well as trading alerts and watchlist customization. The advanced filters allow you to find what you are looking for quickly, and the broker has also integrated Autochartist analysis.
Swissquote has execution speeds as low as 9 milliseconds and provides FIX API solutions for traders to get Direct Market Access (DMA) trading, the ability to access an exchange order book directly for raw spreads. The Standard account has no commissions and floating spreads that start at 1.7 pips.
Pros and Cons
Pros
- Advanced trading platform
- Market research integration
- Trading, as well as investing solutions
- FIX APIs
Cons
- Spreads are slightly higher than other places
All Brokers That Accept Clients from Spain
Every broker we reviewed that accepts Spain residents, ranked by FXEmpire score. The regulator and leverage are those of the entity that opens accounts for clients from Spain.
| Broker | Entity for Spain | Max Leverage | Score | Fees Score | Min Deposit | Platforms | Visit Broker |
|---|---|---|---|---|---|---|---|
IC Markets (EU) Ltd CySEC Cyprus | 1:30 | 4.8 | 5.0 | $0 | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
IG Europe GmbH BaFin Germany | 1:30 | 4.7 | 3.8 | $50 | MT4, ProRealTime, L2 Dealer, TradingView, IG Online Platform | 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
Vantage Global Limited VFSC Vanuatu | 1:2000 | 4.6 | 4.4 | $50 | MT4, MT5, TradingView, Vantage App, Vantage Web Trading | Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions. | |
StoneX Europe Ltd. CySEC Cyprus | 1:30 | 4.5 | 3.7 | - | MT4, WebTrader | 72.5% of retail investor accounts lose money when trading CFDs with this provider. | |
Hantec (Seychelles) Services Limited FSA Seychelles | 1:1000 | 4.5 | 4.2 | $10 | MT4, MT5, Hantec Mobile, Hantec Web Trader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Interactive Brokers Central Europe Zrt. MNB Hungary | 1:30 | 4.5 | 4.6 | $0 | IBKR Client Portal, IBKR Desktop, IBKR App, Trader Workstation (TWS), GlobalTrader App | Your capital is at risk | |
MEX Asset Management GmbH BaFin Germany | 1:30 | 4.5 | 4.0 | $50 | MT5, MT4, MultiBank App | All forms of investment carry risk including an investor not recovering the amount invested. These services may not be suitable to all. | |
Startrader Financial Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $50 | MT5, MT4, STARTRADER App | All investments entail risks and may result in both profits and losses. I | |
VT Markets Limited FSCM Mauritius | 1:1000 | 4.5 | 4.5 | $100 | MT5, MT4, VT Markets app, TradingView | Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks. | |
XTB S.A. KNF Poland | 1:30 | 4.5 | 4.3 | $0 | xStation 5 | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
BBG Limited FSA Seychelles | 1:500 | 4.4 | 4.2 | $0 | MT5, MT4, TradingView, cTrader, myFXbook, Zulutrade, BlackBull Trade | BlackBull Markets and its associated entities have access to provide over 26000 tradable instruments to clients across all our Trading Platforms. Black Bull Group Limited (trading name: BlackBull Markets) is a company registered and incorporated in New Zealand (Company Number 5463921, NZBN 9429041417799) located at Level 20, 188 Quay St Auckland 1010. Black Bull Group Limited is a registered Financial Services Provider (FSP403326). | |
Deriv Investments (Europe) Limited MFSA Malta | 1:30 | 4.4 | 3.1 | - | MT5, cTrader, Deriv Trader, Deriv Go, Deriv Nakala, Deriv Bot, SmartTrader | 71% of retail investor accounts lose money when trading CFDs with this provider. | |
FxPro Financial Services Ltd CySEC Cyprus | 1:30 | 4.4 | 3.6 | $0 | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) | |
Notesco Financial Services Ltd* CySEC Cyprus | 1:30 | 4.4 | 4.0 | $50 | MT4 | Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | |
OANDA TMS Brokers S.A. KNF Poland | 1:30 | 4.4 | 3.9 | $0 | MT5, MT4, OANDA Trade Web Platform | Your capital is at risk. Spreadbetting only available in UK. | |
Trading Point of Financial Instruments Ltd CySEC Cyprus | 1:30 | 4.4 | 3.1 | $5 | MT5, MT4, XM Web Platform, XM Mobile App | Forex and CFD trading involves significant risk to your invested capital. | |
ActivMarkets – Empresa de Investimento S.A. CMVM Portugal | 1:30 | 4.3 | 3.4 | $0 | MT5, MT4, ActivTrader, TradingView | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
ATFX Global Markets (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.2 | $50 | MT4, MT5, ATFX Trading App | Trading Foreign Exchange (Forex) and Contracts for Differences (CFDs) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. | |
IUX Markets (MU) LTD FSCM Mauritius | 1:3000 | 4.3 | 4.9 | $30 | MT5, IUX Web Trade, IUX App Trade | This website is not designed to encourage or promote trading activities. Please note that leveraged margin trading and binary options carry significant risks, including the potential for rapid financial losses. | |
Indication Investments Ltd CySEC Cyprus | 1:30 | 4.3 | 4.2 | $100 | MT5, MT4, Libertex Platform | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Royal Financial Trading (CY) Ltd CySEC Cyprus | 1:30 | 4.3 | 3.5 | $0 | MT4, MT5 | Your capital is at risk. | |
Plus500EE AS EFSA Estonia | 1:30 | 4.3 | 3.3 | $100 | Plus500 Web Platform, Plus500 Mobile App | CFD Service, 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
PXBT Trading Ltd FSA Seychelles | 1:2000 | 4.3 | 3.8 | $0 | MT5, PrimeXBT Mobile App, PXTrader 2.0 | Crypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. These products are not suitable for all investors. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. | |
PU Prime Ltd FSCM Mauritius | 1:1000 | 4.3 | 3.6 | $20 | MT5, MT4, PU Prime App, PU Web Trader, PU Copy Trading | Trading Contracts for Difference (CFDs) involves a high level of risk and may not be suitable for all traders. | |
Swissquote Bank Europe Ltd CSSF Luxembourg | 1:30 | 4.3 | 2.6 | $1000 | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments | |
Zenfinex Global LLC FSA Seychelles | 1:2000 | 4.3 | 3.4 | $9 | MT5, MT4, Taurex Trading App, Brokeree, Pelican | Trading in financial instruments carries a high level of risk and may not be suitable for all investors. The value of your investments may fluctuate and you may lose all of your invested capital, especially due to leverage. | |
Trading.com Markets EU Limited CySEC Cyprus | 1:30 | 4.3 | 2.9 | $50 | MT5, Trading.com WebTrader, Trading.com App | FX and CFD trading involve a high risk of loss. T&Cs Apply. | |
DB Invest Limited FSA Seychelles | 1:1000 | 4.2 | 2.3 | $50 | MT5, DB Investing App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
Novelty Trading Limited CySEC Cyprus | 1:30 | 4.2 | 3.6 | $50 | MT5, cTrader, MT4, TradingView, Errante App | FX and CFDs trading involves a high risk of loss | |
eToro (Europe) Ltd CySEC Cyprus | 1:30 | 4.2 | 3.0 | - | eToro Platform | 61% of retail CFD accounts lose money. | |
FP Trading Ltd FSRA Finland | 1:500 | 4.2 | 4.7 | - | MT4, MT5, cTrader | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. There is a possibility to lose all your initial capital. The legal documents should be considered before entering into transactions with us. | |
Gleneagle Securities Pty Limited VFSC Vanuatu | 1:2000 | 4.2 | 4.0 | $50 | MT4, MT5, FXT WebTrader, FXTrading App | Any advice included in this website or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation and particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the advice, the recipient should carefully consider the appropriateness of advice in light of his or her financial circumstances and should carefully review the Product Disclosure Statement regarding the relevant financial product as provided by your investment broker. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. When acquiring derivative products, you have no entitlement, right or obligation to the underlying financial asset. | |
FXFlat Bank GmbH BaFin Germany | 1:30 | 4.2 | 3.3 | $10 | Trading 212 Web Trader, Trading 212 App | Your capital is at risk. | |
First Interstellar Global Ltd FSA Seychelles | 1:500 | 4.1 | 3.2 | $0 | MT4, MT5, FISG App | Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. Trading foreign exchange and leveraged financial products has high risks and may cause you to lose your principal. You should not take the risk of loss more than you can afford and please ensure that you fully understand the risks involved. Trading leveraged products is not suitable for all investors. Trading unleveraged products such as shares also involves risk as the value of shares can go down as well as up, meaning you may get back less money than you originally invested. Past performance is no guarantee of future results. Before trading, please consider your level of experience, investment objectives and seek independent financial advice if necessary. It is the customer’s responsibility to ensure that the legal requirements of his/her country of residence allow him/her to use the services provided by the Interstellar Financial Group Limited. | |
Exinity Limited FSCM Mauritius | 1:3000 | 4.1 | 3.1 | $100 | MT5, MT4, FXTM Trader App | Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. | |
TIO Markets Ltd MISA Comoros | 1:1000 | 4.1 | 3.8 | $20 | MT4, MT5 | Trading on margin comes with a high risk of losing money rapidly due to leverage. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money. Never deposit more than you are prepared to lose. | |
Alchemy Markets Ltd MFSA Malta | 1:30 | 4.0 | 3.2 | $1000 | MT4, MT5, TradingView | All instruments offered by Alchemy Markets are traded as CFDs. We offer only commission-free trading on Forex, Indices, and Metals for Classic, Premier and Demo accounts. For more information on our charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit our product pages and sheets. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with us. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
TSG Brokers Ltd CySEC Cyprus | - | 4.0 | 4.5 | $96 | TSG Trade Web, TSG Trade Mobile App, MT5 | Trading in CFDs, involves a high level of risk. 77.95% of retail investor accounts lose money when trading CFDs with this provider. It is possible to lose all your invested capital. Such financial products may not be suitable or allowed for you, and you should consider such restrictions and whether you understand how CFDs work and all the risks involved. | |
4xCube Ltd FSC CA Cook Islands | 1:500 | 3.9 | 3.6 | $50 | MT5, MT4 | Online trading with margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. The products are intended for retail, professional and eligible counterparty clients. For clients who maintain account(s) with 4XC, retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by 4XC, any affiliates of aforementioned firms, or other firms within 4XC of companies [collectively the “4xCube Ltd”], carefully consider your financial situation and experience level. 4xCube Ltd may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. 4xCube Ltd assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on 4xCube Ltd websites prior to taking further action. | |
Liteforex (Europe) Ltd CySEC Cyprus | 1:30 | 3.9 | 2.5 | $50 | MT5, MT4, LiteFinance App | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | |
MAIV Limited FSA Seychelles | 1:2000 | 3.9 | 3.5 | $50 | MT5, Rock-West App | CFDs are Leveraged Financial Instruments, and trading them carries a high level of risk. It is possible to lose all your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Past performance is not a reliable indicator of future performance. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs and/or any other financial instruments. Please read our full Risk Disclosure policy and the Client Agreement. | |
DLS Markets Limited VFSC Vanuatu | - | 3.7 | 4.1 | $100 | MT5, MT4, DLSM GO App | Investing in CFDs and Margin FX Contracts carries significant risks and is not suitable for all traders. You may lose more than your initial deposit. You don’t own, or have, any interest in the underlying assets. | |
Anzo Capital Limited (SVG) LLC | 1:1000 | 3.6 | 3.6 | $50 | MT4, MT5 | Investing in leveraged products carries significant risks and is not suitable for all investors. You could lose more than your deposits. | |
Equitex Capital Limited FSA Seychelles | 1:500 | 3.6 | 3.0 | $100 | MT5 | Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the- counter derivatives carries significant risks and is not suitable for all investors. | |
TradeSmart Capital Limited | 1:2000 | 3.3 | 4.5 | $50 | MT5 | Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. | |
DuraMarkets Ltd MISA Comoros | 1:500 | 3.2 | 3.9 | $10 | MT5, MT4 | CFDs and margin trading carry a very high degree of risk. You must be prepared to sustain a total loss of any funds deposited with us, as well as any additional losses, charges, or other costs we incur in recovering any amount due from your end, in the course of trading. Hence, you should ensure that you’ve fully understood the risks involved and invest the amount that you are willing to lose. |
This guide covers brokers that accept clients from Spain. For the full ranking across all countries, see our best forex brokers worldwide.
Best Forex Brokers in Other European Countries
Each guide ranks the brokers we tested that accept clients in that country, under its own regulation.
Not from Spain? See the best forex brokers worldwide or all our country guides.
Where to Go Next
More of our best-broker guides, grouped by what you trade, the platform you use, how you trade and where you trade from.
What you trade
Platforms
How you trade
All the Brokers We Tested
See a list of all the brokers we tested and considered for this guide
4XC
3.9
ActivTrades
4.3
ADSS
4.3
AMarkets
4.0
Anzo Capital
3.6
ATFX
4.3
AvaTrade
4.5
Bullwaves
3.6
Capital.com
4.5
DB Investing
4.2
Deriv
4.4
DLSM
3.7
Doto
4.0
DuraMarkets
3.2
Elev8
4.2
Errante
4.2
eToro
4.2
eToro US
4.3
Exness
4.6
FISG
4.1
FP Markets
4.6
FP Trading
4.2
FXCC
4.2
FxPro
4.4
FXT
4.2
FXTM
4.1
Hantec
4.5
Headway
4.1
IC
4.8
iFOREX
4.2
IG
4.7
IronFX
4.4
IUX
4.3
JustMarkets
4.3
Libertex
4.3
LiteForex
3.9
Mitrade
4.2
OANDA
4.4
OANDA US
4.3
OneRoyal
4.3
Pepperstone
4.7
Plus500
4.3
Plus500 US
4.5
PrimeXBT
4.3
PU Prime
4.3
Rock-West
3.9
Spreadex
4.5
STARTRADER
4.5
Swissquote
4.3
tastyfx
4.4
Taurex
4.3
TenTrade
3.9
Tickmill
4.4
TIOmarkets
4.1
TMGM
4.4
Trade Set Go
4.0
TradeSmart
3.3
Trading 212
4.2
Trading.com
4.3
Vantage
4.6
Versus Trade
3.8
VT Markets
4.5
XM Group
4.4
XTB
4.5
YWO
4.3
Update History
Oct 21, 2026 · Ola Alder
We added links to our forex broker guides for other countries.
Sep 14, 2026 · Ola Alder
We moved the page to our new template, adding a summary card, a compare table of all listed brokers, a list of every broker we tested, and this update history.
Sep 2, 2026 · Ola Alder
We made Swissquote our Best Trading Platform pick.
Sep 1, 2026 · Ola Alder
We removed the "How to Avoid Forex and CFD Scams?" and "How to Choose a Forex Broker in Spain?" sections.
Feb 18, 2026 · Jitan Solanki
We removed AvaTrade from the list.
Feb 8, 2026 · Ola Alder
We removed eToro from the list and the FAQ and "Forex Trading in Spain" sections.
Oct 21, 2025 · Plamen Stoyanov
We added MultiBank to the list as our Best Overall pick and moved FxPro to our Best Order Execution category.
Jun 10, 2025 · Dan Blystone
We removed Plus500 from the list.
Jun 5, 2025 · Jitan Solanki
We rewrote the page around a ranked list of five brokers with new guide sections.
We change this page's date only for a material change, logged here. Typo fixes never change the date.
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About the Authors
Plamen StoyanovBroker Analyst
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Christopher LewisSenior Analyst
Christopher Lewis is an experienced trader and technical analyst specializing on currencies, indices, and commodities. He also has been working as a proprietary trader for institutional accounts. Chris has been an FXEmpire analyst since the site's early days and shares his trading insights on his own blog, The Trader Guy. His sharp, practical understanding of the trading industry means he knows forex and CFD brokers inside-out, so you can trust his guidance on how they work and which one to choose.
Aviva GurevichSenior Content Editor
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
Ola AlderSenior Content Editor
As a Senior Content Editor at FXEmpire, Ola has edited and fact-checked more than 350 broker reviews and guides. She continually refines FXEmpire’s proprietary broker rating system and keeps a close eye on industry trends, making sure our reviews reflect the latest changes in the market.