Brokers by Country · ES
European Brokers in Spain, 2026
Tracked byIndependent review teamUpdated
Spain combines ESMA retail rules with one of Europe's stricter local CFD-marketing regimes — the CNMV has imposed product-intervention measures since 2018 on aggressive promotion to Spanish residents. EU-passported brokers (CySEC, MFSA, BaFin) make up most of the active market, with SEPA and Bizum as the standard funding rails.
6 / 6 brokers accept Spain
EuropeanEditorial top pick
01Editorial top pick
01FxPro
Local licenseFCACySECSCBFSCAOpen account at FxPro →- Avg spread
- 0.30pip
- Cost / lot
- $10.00
- Min deposit
- $100
- Max leverage
- 1:500
midpoint of broker rangeincl. $7 commissionEU/UK retail: 1:30 · SCB (Bahamas) entity: 1:500Four diversified regulators (FCA, CySEC, FSCA, SCB) with 18+ years operating history · MT4/MT5 Standard accounts are spread-only at ~1.2 typical pips — only use cTrader or Raw if you want commission-based pricing
Fits ifYou are EU or UK retail and want double tier-1 cover (FCA + CySEC) at one brokerPlatformsMetaTrader 4, MetaTrader 5, cTrader, FxPro EdgeFounded in 2006 · Verified Jun 1, 2026
- 02
02Tickmill
Local licenseFCACySECFSAFSCAOpen account at Tickmill →- Avg spread
- 0.20pip
- Cost / lot
- $8.00
- Min deposit
- $100
- Max leverage
- 1:1000
editorial estimateincl. $6 commissionEU/UK retail: 1:30 · Seychelles entity: 1:1000Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page
Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricingPlatformsMetaTrader 4, MetaTrader 5Founded in 2014 · Verified Jun 1, 2026
- 03
03Deriv
Local licenseBVIMFSAOpen account at Deriv →- Avg spread
- 0.70pip
- Cost / lot
- $7.00
- Min deposit
- $5
- Max leverage
- 1:1000
editorial estimateno commissionEU retail (MFSA Malta): 1:30 · Labuan / Vanuatu / BVI entities: up to 1:1000$5 minimum + 25 years of operating history (since 1999 as Binary.com, rebranded Deriv in 2020) · Forex is secondary to synthetic indices (their proprietary product) — CFD instrument breadth is narrower than ECN-focused brokers like Tickmill
Fits ifYou trade synthetic indices (Volatility, Crash, Boom) — Deriv invented this product categoryPlatformsMetaTrader 5, Deriv XFounded in 1999 · Verified Jun 1, 2026
- 04
04Libertex
Local licenseCySECOpen account at Libertex →84% of retail investor accounts lose money
- Cost / lot
- Floating
- Min deposit
- €100
- Max leverage
- 1:30
For retail clientsCySEC-regulated (Indication Investments Ltd, licence 164/12) with ICF investor compensation and negative balance protection · Single-jurisdiction CySEC coverage — no FCA or ASIC fallback
Fits ifYou are an EU/EEA resident who wants an EU-regulated (CySEC) broker with ICF compensation and negative balance protectionPlatformsMetaTrader 4, MetaTrader 5, Libertex PlatformFounded in 1997 · Verified Jun 1, 2026
- 05
05AvaTrade
Local licenseASICFSCACBIBVIOpen account at AvaTrade →- Avg spread
- 0.90pip
- Cost / lot
- $9.00
- Min deposit
- $100
- Max leverage
- 1:400
broker-published typicalno commissionEU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume
Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating historyPlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTradeFounded in 2006 · Verified Jun 1, 2026
- 06
06XM Group
Local licenseASICCySECIFSCOpen account at XM Group →- Avg spread
- 1.30pip
- Cost / lot
- $13.00
- Min deposit
- $5
- Max leverage
- 1:1000
midpoint of broker rangeno commissionEU/AU retail: 1:30 · XM Global (offshore entity): up to 1:1000$5 minimum makes starting cheap · Standard account EUR/USD spread 1.0–1.6 pip (broker-published range) + $0 commission ≈ $13/lot — one of the highest costs in our list
Fits ifYou want the lowest-friction entry in our list — $5 minimum depositPlatformsMetaTrader 4, MetaTrader 5, Web TraderFounded in 2009 · Verified Jun 1, 2026
Country context
- Regulator
- CNMV · Comisión Nacional del Mercado de Valores — restricts aggressive CFD marketing under 2018+ measures
- Currency
- EUR
- Payment methods
- SEPABizumIberpayRevolut
Capital gains are taxed on a progressive scale — 19% up to €6,000, 21% to €50,000, 23% to €200,000, 27% to €300,000 and 28% above. Forex and CFD profits fall within the savings-income (rentas del ahorro) base. Foreign brokers do not withhold, so traders must self-declare through the annual IRPF return.
ESMA leverage caps apply (1:30 majors, 1:20 minors and gold, lower for other CFDs). Negative balance protection is mandatory. The CNMV additionally restricts CFD advertising — bonuses, gifts and unsolicited contact aimed at Spanish residents are prohibited; brokers must include explicit risk warnings in any communication.
Frequently asked
Which brokers accept residents of Spain?+
6 of 6 brokers in our ranking accept Spain: FxPro, Tickmill, Deriv, Libertex, AvaTrade.
Who regulates brokers for Spain?+
Primary regulator: CNMV — Comisión Nacional del Mercado de Valores — restricts aggressive CFD marketing under 2018+ measures.
What payment methods are available?+
Common methods: SEPA, Bizum, Iberpay, Revolut.
What are the tax rules for trading in Spain?+
Capital gains are taxed on a progressive scale — 19% up to €6,000, 21% to €50,000, 23% to €200,000, 27% to €300,000 and 28% above. Forex and CFD profits fall within the savings-income (rentas del ahorro) base. Foreign brokers do not withhold, so traders must self-declare through the annual IRPF return.
Scope of coverage
- Brokers tracked
- 14
- Regulators indexed
- 55
- Regulator actions logged
- 2
- Latest pricing verification
- Jun 1, 2026
Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.