Looking for Forex brokers Spain? Not sure which Brokers Online Forex is best for you or is truly regulated mejores brokers de Forex?

We provide answers to all the questions in this article. We researched 100 Forex brokers accepting Spanish traders and compared their regulation status, spread & commission, the time for deposit & withdrawal and many more findings.

Forex CNMV Regulation Espana

Spain Forex Brokers must obtain a license from local authority Comisión Nacional del Mercado de Valores (CNMV) before they operate legally. However, any EU Regulated Broker with crossborder ESMA and MiFID license and CNMV registration accept Spanish clients. Check CNMV historical breakdown Wikipedia.

CNMV Spanish regulated Brokers likewise ESMA regulated brokers protect clients in case of the broker insolvency up to €20,000 per client. To check broker number and latest updates or regulations see CNMV official website: www.cnmv.es and Follow Twitter @CNMV_Medios.  

Best Forex Brokers Spain - CNMV Regulation website
Best Forex Brokers Spain – CNMV Regulation website

Best Brokers Forex Spain

To find the best forex trading brokers Spain, we research over 100 Forex Brokers and comparative Forex Brokers license, spread & commission, conditions for deposit withdrawal, trading platform, education and tools, customer service and almost all details. Here is our list of the Best Brokers Espana Forex:

  • XM – Best Forex Broker for Beginners in Spain
  • Interactive Brokers – Best Day trading Broker Spain
  • Admiral Markets – Lowest Spread Broker Spain
  • Forex.com – Best Forex Trading Platform Espana

What makes a good forex brokers in Spain?

There are 4 keys make good and best Online Forex Brokers in Spain for recommended Regulated Brokers, these including license and protection, trading conditions, trading platform & tools, and customer support.

  • Must be licensed by CNMV or operate with EU cross-border registration with customer protection for traders funds safety
  • Offer good trading conditions and accounts suitable for your trading experience with good trading costs and range of markets
  • Propose range of trading platform suitable for your strategies like copy trading, scalping, day trading with no restrictions
  • Provide quality education Webinars and research tools with good customer service to solve traders issues

España Top Brokers Forex List & Review

We also narrow the list of numerous Forex Brokers and select Top 10 ten Brokers Forex either from regulated CNMV Brokers or reputable Online Forex brokers Europe that accepts Spanish clients. See our comparison below consistent of Brokers recomendados para Forex and ranking de Brokers Forex to find which broker might fit your need the best.

Forex BrokerCNMV Regulated / EU licenseWhy they are our top picksOur Review
XMYesXM might be the best for Beginners and Forex Cent Account. XM provides professional education materials and great proposal for beginners with lower risk strategies like Cent Account, also minimum deposit is only 5$ (most broker offer 100$).Visit XM site    

XM Review
Interactive BrokersYesInteractive Brokers Forex is among the best for professional traders, active traders and institutions. IB is one of the biggest Forex Brokers USA with great proprietary software, powerful tools, and low Spread Forex Commissions Interactive brokers leverage offering.Visit InteractiveBrokers site  

Interactive Brokers Review
IGYesIG is great for all size traders. IG stands on strong background, is publically traded US and UK company (while most brokers are not) with advanced trading conditions, great education, trading platforms, low costs and is PayPal Forex brokers.Visit IG site  

IG Review
Admiral MarketsYesAdmiral Markets is top UK Forex Brokers and one of the best among low Spread Forex brokers. Admiral Markets EUR/USD spread averages at 0.6 which is much lower than average 1.2 on other brokers plus its proposal is very wide and suitable for beginners.Visit Admiral Markets site

Admiral Markets review
Forex.comYesForex.com might be good for platform selection. Forex.com is a trusted global brand offering popular MT4 Forex trading Platform and proprietary trading software, great quality education and research, plus trading conditions are good with different account types and cost.Visit Forex.com site     

Forex.com Review
eToroYeseToro Copy Trading App is ranked the best for Social Trading. There are thousands (not hundreds – thousands) of top traders and copy trading portfolios to automate Forex Trading and invest with easy to use Web Platform eToro, the best for number top traders and transparency.Visit eToro site

eToro Social trading review
XTBYesXTB might be the best fit if you are looking for a good currency trading Platform and Web based Forex Trading platform with direct access to markets. XTB has good range of pairs CFDs, easy to use Apps and great customer support.Visit XTB site

XTB Review

More on Brokers Espanoles Forex

To get started with Forex trading in Spain it is better to narrow selection with specified categories and see Forex Brokers ranking Review to find Best Forex Market Brokers suitable for you. See below some common questions answered.

No Deposit Bonus Forex Brokers Spain  

Eventually none of the regulated Europe and Spain Forex Brokers offering no deposit bonus or other bonuses due to regulations. However, some large Forex Brokers like XM propose no deposit bonus via its international entity, likewise Plus500 offers deposit bonus.  

ECN Forex Brokers Spain

Based on our research there are only 9 brokers are true ECN Forex Brokers with ECN accounts. These including FXTM ranked the best Brokers ECN Forex MT5, RoboForex and Swiss Forex Brokers Dukascopy.

Spain Best Forex Brokers for Beginners

Beginners recommended to select broker with quality education and support service, and Demo account to practice trading strategy. Among Best Brokers for beginners are IG, Trading212, also see FXTM a Forex Cent Account Brokers allowing to trade smaller size counted in cents.

Forex Brokers with Binary Options

Forex options or Binary Options are restricted and are not allowed for trading within EU due to regulations finding lack of transparency in Option Trading. None of regulated Espana brokers offer Options, however one of regulated Swiss Forex brokers Dukascopy is Forex Option Brokers with regulated trading of Binary Options.

No Dealing Desk Forex Brokers in Spain

No Dealing Desk Forex Brokers List consisted of well-regulated brokers like FxPro or XM with true no dealing desk execution that directly connecting trades to the market with no dealer intervention, and providing good trading execution.

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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