Clarytrade
20 brokers indexedcommission weighted 0%
Trading in Spain

Trading platforms in Spain: entities, licences & costs

Which platforms accept Spain clients, the exact legal entity that opens your account, register-checked licence numbers and real costs — ranked by our published method, commission weighted 0%.

15 of the 20 platforms in our database accept Spain clients. We've mapped 13 of them to the specific legal entity that onboards a Spain client: 2 would open your account through a tier-1-regulated entity, while 4 route Spain clients through an offshore (tier-3) entity — which changes your compensation cover and complaint route. The table below lists 13 register-checked licence numbers so you can verify each firm yourself (CySEC, KNF, BaFin, CIMA). On the numbers, the lowest all-in cost option here is IC Markets, and the highest leverage available to Spain traders is 1000:1 (PU Prime).

Regulator

Local regulator, EU/EEA (passported)

Trading is generally legal in Spain; EU/EEA firms passport in under MiFID II and are supervised by local and home-state regulators. Confirm the firm's authorisation before funding.

Leverage rules

In the EU/EEA, retail CFD leverage is capped at 30:1 (lower for more volatile assets) under ESMA rules, with negative-balance protection. Non-EU European countries set their own rules — verify locally.

Common deposit methods

Debit card, SEPA / local bank transfer

Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.
Register-checked

Which legal entity onboards a Spain client

The brand you see isn't always the entity on your client agreement. These are the entities our checks map to Spain clients, with the licence number to verify on the official register. 4 here route you offshore — protection differs.

IC Markets (EU) Ltd
Cyprus (EU/EEA)
CySEC · Tier 2
Licence 362/18
ICF — up to €20,000
First Prudential Markets Ltd
Cyprus (EU/EEA)
CySEC · Tier 2
Licence 371/18
ICF — up to €20,000
XTB S.A.
Poland (EU/EEA)
KNF · Tier 1
Licence DDM-M-4021-57-1/2005
Protection varies — verify
IG Europe GmbH
Germany (EU/EEA)
BaFin · Tier 1
Licence 148759
Protection varies — verify
Exness (Cy) Ltd
Cyprus (EU/EEA)
CySEC · Tier 2
Licence 178/12 · register
ICF — up to €20,000
Vantage International Group Limited
Cayman Islands
CIMA · Tier 3 · offshore
Licence 1383491
No compensation scheme
Tickmill Europe Ltd
Cyprus (EU)
CySEC · Tier 2
Licence 278/15 · register
ICF — 90% of the claim, up to €20,000
VT Markets Ltd
Mauritius
FSC · Tier 3 · offshore
Licence GB23202269
No compensation scheme
Eightcap EU Ltd
Cyprus (EU/EEA)
CySEC · Tier 2
Licence 246/14 · register
ICF — up to €20,000
Solaris EMEA Limited
Cyprus
CySEC · Tier 2
Licence 433/23
ICF — up to €20,000 for eligible clients.
Trading Point of Financial Instruments Ltd
Cyprus (EU/EEA)
CySEC · Tier 2
Licence 120/10 · register
ICF — up to €20,000
PU Prime Limited
Seychelles
FSA · Tier 3 · offshore
Licence SD050 · register
No compensation scheme
STARTRADER Financial Markets Limited
Mauritius
FSC · Tier 3 · offshore
Licence GB24203371
No compensation scheme

Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.

Real costs

Trading costs for Spain traders

Lowest all-in cost on our scan: IC Markets. Indicative figures — verify the live schedule before funding.

PlatformAll-in costSpread fromCommissionMin depositWithdrawalMax leverage
IC Markets$····0 pips$7/lot$200Same – next day30:1
FP Markets$····0 pips$6/lot$100Within 1 day30:1
Exness$····0 pips$7/lot$10Often instant30:1
Tickmill$····0 pips$6/lot$100Same – next day30:1
Blueberry Markets$····0 pips$7/lot$100Same – next day30:1
ThinkMarkets$$···0 pips$7/lot$01–2 days30:1
Vantage Markets$$···0 pips$6/lot$50Same – next day30:1
VT Markets$$···0 pips$6/lot$100Same – next day30:1
Eightcap$$···0 pips$7/lot$1001–2 days (same-day cut-off)30:1
Axi$$···0 pips$7/lot$01–3 days (bank transfers)30:1
PU Prime$$···0 pips$7/lot$50Reported instant1000:1
StarTrader$$···0 pips$6/lot$50Within 24h500:1
XTB$$···0.5 pips$0Same – next day30:1
IG$$$··0.6 pips$2501–3 days (method-dependent)30:1
XM$$$··1.6 pips$51–2 days30:1
Ranked

15 platforms available in Spain

Region: EU
IC Markets logo

High-volume raw-spread ECN broker popular with scalpers and EAs.

0
Match
Higher riskHigh regulation

Why this fits: Onboarded via IC Markets (EU) Ltd (CySEC 362/18) · Max leverage here: 30:1

Real cost
$····
Withdrawal
Same – next day
Min deposit
$200
Leveraged CFDs — you can lose more than you deposit.
FP Markets logo

Low-cost ASIC/CySEC broker with deep share access via IRESS.

0
Match
Higher riskHigh regulation

Why this fits: Onboarded via First Prudential Markets Ltd (CySEC 371/18) · Max leverage here: 30:1

Real cost
$····
Withdrawal
Within 1 day
Min deposit
$100
Leveraged CFDs — you can lose more than you deposit.
XTB logo
#3XTB

Listed multi-asset broker with commission-free real stocks and a top platform.

0
Match
Medium riskHigh regulation

Why this fits: Onboarded via XTB S.A. (KNF DDM-M-4021-57-1/2005) · Max leverage here: 30:1

Real cost
$$···
Withdrawal
Same – next day
Min deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.
IG logo
#4IG

The FTSE-100 original — 17,000+ markets since 1974; entity and products vary sharply by country.

0
Match
Medium riskHigh regulation

Why this fits: Onboarded via IG Europe GmbH (BaFin 148759) · Max leverage here: 30:1

Real cost
$$$··
Withdrawal
1–3 days (method-dependent)
Min deposit
$250
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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.
Exness logo

High-leverage broker known for fast, often-instant withdrawals.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Exness (Cy) Ltd (CySEC 178/12) · Max leverage here: 30:1

Real cost
$····
Withdrawal
Often instant
Min deposit
$10
Leveraged CFDs — you can lose more than you deposit.
ThinkMarkets logo

Established multi-regulated broker with its own ThinkTrader platform.

0
Match
Higher riskHigh regulation

Why this fits: Accepts Spain clients · Max leverage here: 30:1 · Verify the account entity at signup

Real cost
$$···
Withdrawal
1–2 days
Min deposit
$0
75% of retail investor accounts lose money when trading CFDs with this provider.
Vantage Markets logo

ECN broker with a polished app and broad multi-asset CFD range.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Vantage International Group Limited (CIMA 1383491) · Max leverage here: 30:1

Real cost
$$···
Withdrawal
Same – next day
Min deposit
$50
Leveraged CFDs — you can lose more than you deposit.
Tickmill logo

Low-cost multi-entity broker favoured by scalpers and EAs; licences and protection vary by country.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Tickmill Europe Ltd (CySEC 278/15) · Max leverage here: 30:1

Real cost
$····
Withdrawal
Same – next day
Min deposit
$100
73% of retail investor accounts lose money when trading CFDs with Tickmill Europe Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Blueberry Markets logo

Australian ASIC-regulated raw-spread broker known for fast support.

0
Match
Higher riskMedium regulation

Why this fits: Accepts Spain clients · Max leverage here: 30:1 · Verify the account entity at signup

Real cost
$····
Withdrawal
Same – next day
Min deposit
$100
Leveraged CFDs — you can lose more than you deposit.
VT Markets logo

Fast-growing ECN broker with low entry and strong charting.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via VT Markets Ltd (FSC GB23202269) · Max leverage here: 30:1

Real cost
$$···
Withdrawal
Same – next day
Min deposit
$100
Leveraged CFDs — you can lose more than you deposit.
Eightcap logo

ASIC/FCA/CySEC-regulated CFD broker with native TradingView, MT4 and MT5.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Eightcap EU Ltd (CySEC 246/14) · Max leverage here: 30:1

Real cost
$$···
Withdrawal
1–2 days (same-day cut-off)
Min deposit
$100
71.90% of retail investor accounts lose money when trading CFDs with Eightcap EU Ltd.
Axi logo
#12Axi

Multi-entity CFD broker with MT4/MT5 and fee-focused account tiers.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Solaris EMEA Limited (CySEC 433/23) · Max leverage here: 30:1

Real cost
$$···
Withdrawal
1–3 days (bank transfers)
Min deposit
$0
66.36% 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.
XM logo
#13XM

Large retail broker with low minimums, micro accounts and heavy education.

0
Match
Higher riskMedium regulation

Why this fits: Onboarded via Trading Point of Financial Instruments Ltd (CySEC 120/10) · Max leverage here: 30:1

Real cost
$$$··
Withdrawal
1–2 days
Min deposit
$5
Leveraged CFDs — you can lose more than you deposit.
PU Prime logo

A multi-entity CFD broker with education resources, webinars, broad market access and copy trading availability. Entity, leverage and product terms should be verified before depositing.

0
Match
Higher riskRegional / offshore multi-entity

Why this fits: Onboarded via PU Prime Limited (FSA SD050) · Max leverage here: 1000:1

Real cost
$$···
Withdrawal
Reported instant
Min deposit
$50
CFDs are high-risk products. Leverage can amplify losses. Verify the legal entity, product terms and availability before depositing.
StarTrader logo

Multi-asset broker with raw-spread pricing and copy trading.

0
Match
Higher riskLow regulation

Why this fits: Onboarded via STARTRADER Financial Markets Limited (FSC GB24203371) · Max leverage here: 500:1

Real cost
$$···
Withdrawal
Within 24h
Min deposit
$50
Mainly offshore-regulated — weaker investor protection.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

FAQ

Trading in Spain — questions

Which legal entity will onboard me as a Spain client?

Across the platforms that accept Spain clients, accounts are opened through entities under CySEC, KNF, BaFin, CIMA, FSC, FSA. 4 route Spain clients through an offshore (tier-3) entity — protection differs there. Local oversight is typically Local regulator, EU/EEA (passported). Always confirm the licence on the official register before depositing.

Which platform has the lowest cost in Spain?

Of the 15 platforms available to Spain traders, IC Markets has the lowest all-in cost on our scan (spreads from 0 pips, $7/lot commission, $200 minimum). Costs change with account type and instrument — verify the live schedule before funding.

What leverage can I use in Spain?

The highest leverage available to Spain traders among these platforms is 1000:1 (PU Prime). In the EU/EEA, retail CFD leverage is capped at 30:1 (lower for more volatile assets) under ESMA rules, with negative-balance protection. Non-EU European countries set their own rules — verify locally. Higher leverage increases both potential gains and losses.

How does Clarytrade pick these platforms?

We rank by our published 8-criteria method, filter to platforms that accept Spain clients, resolve the specific legal entity that would open your account, and weight affiliate commission at 0%.

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