Best Forex Brokers in Spain for 2026

Best Forex Brokers in Spain for 2026

Top CNMV-regulated forex brokers offering competitive spreads, Spanish language support, and localized services for Spanish traders.

James Wilson

Written by

James Wilson

Edith Balazs

Fact Checked by

Edith Balazs

Last reviewed:
By:James Wilson
Fact-checked by:Edith Balazs

Top 10 Forex Brokers for Spanish Traders in 2026

Spain has a strictly regulated forex market under the supervision of the Comisión Nacional del Mercado de Valores (CNMV). Spanish traders benefit from strong investor protections and access to top-tier global brokers that comply with local regulations. Our experts have evaluated brokers based on their compliance, Spanish customer support, and trading conditions. XTB leads our rankings for Spain in 2026, followed by eToro and IG, all offering excellent services tailored to the Spanish market.

Is forex trading regulated in Spain?

Yes, forex trading in Spain is regulated by the Comisión Nacional del Mercado de Valores (CNMV). EU-regulated brokers can also service Spanish clients under MiFID II passporting, providing strong investor protection.

Key Features for Spanish Traders

Compare essential features of forex brokers accepting Spanish clients with EUR accounts.

Broker
XTBNone€0
IGNone€250
Pepperstone€2.25/lot€0
CMC MarketsNone€0
eToroSpread only€50
Plus500None€100
Admiral MarketsNone€100
Saxo BankNone€2000
OANDANone€0
Tickmill$2/lot€100

Detailed Broker Analysis

Recommended
Excellent Spanish language support.
4.5/5App Score

XTB offers excellent Spanish language support with a local office in Madrid. Their award-winning xStation platform provides advanced charting, market analysis, and seamless execution for Spanish traders.

Forex spread classLow
Minimum deposit€0
Inactivity fee€10/mo
Currency pairs57
Deposit methodsBank Transfer, Visa, Mastercard, PayPal
Withdrawal fee€0
Recommended
Global leader with Spanish presence.
4.9/5App Score

IG is CNMV-registered with 50 years of experience. Spanish traders enjoy access to world-class platforms, extensive research, and a massive range of markets.

Forex spread classLow
Minimum deposit€250
Inactivity fee€12/mo
Currency pairs80+
Deposit methodsBank Transfer, Visa, Mastercard, PayPal
Withdrawal fee€0
Pepperstone logo
Pepperstone
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Recommended
Ultra-low spreads for active traders.
4.6/5App Score

Pepperstone delivers institutional-grade execution with razor-thin spreads. Popular among Spanish scalpers and algo traders for their superior trading infrastructure.

Forex spread classUltra-Low
Minimum deposit€0
Inactivity fee€0
Currency pairs97
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller
Withdrawal fee€0
CMC Markets logo
CMC Markets
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Recommended
Most instruments available.
5.0/5App Score

CMC Markets offers the widest range of forex pairs (330+) and their Next Generation platform is considered one of the best in the industry for charting and analysis.

Forex spread classLow
Minimum deposit€0
Inactivity fee€10/mo
Currency pairs330
Deposit methodsBank Transfer, Visa, Mastercard, PayPal
Withdrawal fee€0
Recommended
Social trading leader in Spain.
4.3/5App Score

eToro revolutionized social trading and remains extremely popular in Spain. Copy successful traders, invest in CopyPortfolios, and access both traditional and crypto markets.

Forex spread classAverage
Minimum deposit€50
Inactivity fee$10/mo
Currency pairs49
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller
Withdrawal fee$5
Recommended
Simple platform, beginner friendly.
4.0/5App Score

Plus500 offers a simple, intuitive platform perfect for Spanish beginners. Fully regulated with competitive spreads and a wide range of CFD instruments.

Forex spread classAverage
Minimum deposit€100
Inactivity fee€10/mo
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill
Withdrawal fee€0
Admiral Markets logo
Admiral Markets
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Recommended
MetaTrader specialist with Spanish support.
4.1/5App Score

Admiral Markets (Admirals) provides excellent MetaTrader customization with their Supreme Edition plugin. Popular in Spain for educational content and competitive conditions.

Forex spread classLow
Minimum deposit€100
Inactivity fee€10/mo
Currency pairs80
Deposit methodsBank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller
Withdrawal fee€0
Saxo Bank logo
Saxo Bank
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Recommended
Premium broker for serious traders.
4.4/5App Score

Saxo Bank is CNMV-registered and offers premium trading tools for experienced Spanish traders. Outstanding research, multi-asset access, and professional-grade platforms.

Forex spread classLow
Minimum deposit€2000
Inactivity fee€0
Currency pairs185
Deposit methodsBank Transfer, Visa, Mastercard
Withdrawal fee€0
Recommended
Trusted forex pioneer since 1996.
4.2/5App Score

OANDA is one of the original forex brokers with a sterling reputation. No minimum deposit and excellent execution make it a solid choice for Spanish traders.

Forex spread classAverage
Minimum deposit€0
Inactivity fee€0
Currency pairs70
Deposit methodsBank Transfer, Visa, Mastercard, PayPal
Withdrawal fee€0
Tickmill logo
Tickmill
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Recommended
Ultra-low commissions for active traders.
4.2/5App Score

Tickmill offers some of the lowest trading costs available. With raw spreads from 0.0 pips and low commissions, ideal for Spanish scalpers and high-frequency traders.

Forex spread classUltra-Low
Minimum deposit€100
Inactivity fee€0
Currency pairs62
Deposit methodsBank Transfer, Visa, Mastercard, Skrill, Neteller
Withdrawal fee€0

Frequently Asked Questions

Yes, forex trading in Spain is regulated by the Comisión Nacional del Mercado de Valores (CNMV). EU-regulated brokers can also service Spanish clients under MiFID II passporting, providing strong investor protection.

Under ESMA regulations, retail traders in Spain can access up to 30:1 leverage on major forex pairs and 20:1 on minor pairs. Professional traders may qualify for higher leverage after meeting specific criteria.

Yes, forex trading profits in Spain are subject to capital gains tax (Impuesto sobre Ganancias Patrimoniales). Rates range from 19% to 23% depending on the profit amount. Consult a Spanish tax advisor for specific guidance.

Yes, most brokers serving Spain offer EUR-denominated accounts. This eliminates currency conversion fees when depositing from Spanish banks and simplifies profit/loss calculations.

XTB, IG, eToro, and Plus500 all offer full Spanish language support including platforms, customer service, and educational materials. Some brokers like XTB have local offices in Madrid.

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers →

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows country acceptance status. Please verify availability with the broker directly before proceeding.

Independent Analysis

Rankings based on verified data and hands-on testing. See our methodology →

Data Verified

January 2026