Forex & CFD brokers in Spain
Compare costs, account features and the legal entity for Spain clients. Confirm your eligibility before applying.
Compare 14 brokers
Ranked by Clarity Score
Why this fits: EU-authorised entity: IC Markets (EU) Ltd (CySEC 362/18) · Max leverage: 30:1
Why this fits: EU-authorised entity: XTB S.A. (KNF) · Max leverage: 30:1
The FTSE-100 original — 17,000+ markets since 1974; entity and products vary sharply by country.
Why this fits: EU-authorised entity: IG Europe GmbH (BaFin 148759) · Max leverage: 30:1
Why this fits: EU-authorised entity: TF Global Markets (Europe) Ltd (CySEC 215/13) · Max leverage: 30:1
Why this fits: Country coverage recorded for Spain clients · Entity not yet mapped — confirm eligibility and account entity · Recorded leverage: Confirm account terms (entity unverified)
Low-cost multi-entity broker favoured by scalpers and EAs; licences and protection vary by country.
Why this fits: EU-authorised entity: Tickmill Europe Ltd (CySEC 278/15) · Max leverage: 30:1
Why this fits: Country coverage recorded for Spain clients · Entity not yet mapped — confirm eligibility and account entity · Recorded leverage: 30:1 (entity unverified)
Why this fits: Offshore entity only: VT Markets Limited (FSC GB23202269) — outside the local regulator's rules · Max leverage there: 500:1 (offshore entity)
Why this fits: EU-authorised entity: Eightcap EU Ltd (CySEC 246/14) · Max leverage: 30:1
Why this fits: EU-authorised entity: Solaris EMEA Limited (CySEC 433/23) · Max leverage: 30:1
Why this fits: EU-authorised entity: Trading Point of Financial Instruments Ltd (CySEC 120/10) · Max leverage: 30:1
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.
Why this fits: Offshore entity only: PU Prime Limited (FSA SD050) — outside the local regulator's rules · Max leverage there: 1000:1 (offshore entity)
Why this fits: Offshore entity only: STARTRADER Financial Markets Limited (FSC GB24203371) — outside the local regulator's rules · Max leverage there: 500:1 (offshore entity)
ForexCopy is not compatible with MT5 accounts. Confirm the account and platform before applying.
Why this fits: Country coverage recorded for Spain clients · Entity not yet mapped — confirm eligibility and account entity · Recorded leverage: Separate EU offering (entity unverified)
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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
The account landscape in Spain
Our country coverage records include 14 of the 23 platforms for Spain clients. This is a research shortlist, not confirmation of account acceptance. We've recorded possible entity mappings for 11: 8 map to an EU-authorised entity (tier 1–2), 2 of them tier-1, while 3 map to an offshore (tier-3) entity, whose leverage, compensation and complaint terms need a separate check. Confirm the company named on your own application and agreement. The table below lists 8 register-checked licence numbers so you can verify each firm yourself (CySEC, KNF, BaFin). On the numbers, the lowest all-in cost option here is IC Markets, and the highest leverage through an EU-authorised entity is 30:1 (IC Markets). Offshore entities advertise more — up to 1000:1 at PU Prime — but that leverage comes without the local regulator's protections.
Which legal entity onboards a Spain client
The brand you see isn't always the entity on your client agreement. These are possible entity mappings for Spain clients, with licence details to verify on the official register. 3 records map to an offshore entity; confirm that company's terms and whether it accepts your application.
Entity mapping from our register checks — shown to illustrate how the onboarding entity shifts by country. A verified licence proves the entity holds that authorisation; it does not prove the entity onboards retail clients here, which is a separate check and is why rows marked “likely” stay unconfirmed. Yours may differ; always confirm the legal entity on the signup screen and the official register before depositing. Informational only, not financial advice.
Trading costs for Spain traders
Lowest all-in cost on our scan: IC Markets. Indicative figures — verify the live schedule before funding.
| Platform | All-in cost | Spread from | Commission | Min deposit | Withdrawal | Max leverage (by route) |
|---|---|---|---|---|---|---|
| IC Markets | $···· | 0 pips | $7/lot | $200 | Same–next day | 30:1 |
| Tickmill | $···· | 0 pips | $6/lot | $100 | Same–next day | 30:1 |
| Blueberry Markets | $···· | 0 pips | $7/lot | $100 | Same–next day | 30:1 (entity unverified) |
| ThinkMarkets | $$··· | 0 pips | $7/lot | $0 | 1–2 days | 30:1 |
| Vantage Markets | $$··· | 0 pips | $6/lot | $50 | Same–next day | Confirm account terms (entity unverified) |
| VT Markets | $$··· | 0 pips | $6/lot | $100 | Same–next day | 500:1 (offshore entity) |
| Eightcap | $$··· | 0 pips | $7/lot | $100 | 1–2 daysSame-day cut-off | 30:1 |
| Axi | $$··· | 0 pips | $7/lot | $0 | 1–3 daysBank transfers | 30:1 |
| PU Prime | $$··· | 0 pips | $7/lot | Account-dependent | InstantReported | 1000:1 (offshore entity) |
| StarTrader | $$··· | 0 pips | $6/lot | $50 | ≤24 hrs | 500:1 (offshore entity) |
| XTB | $$··· | 0.5 pips | — | $0 | Same–next day | 30:1 |
| IG | $$$·· | 0.6 pips | — | $250 | 1–3 daysMethod-dependent | 30:1 |
| XM | $$$·· | 1.6 pips | — | $5 | 1–2 days | 30:1 |
| InstaForex | $$$·· | — | Check account quote | From USD1 | Method dependent | Separate EU offering (entity unverified) |
Trading in Spain — questions
Which legal entity could onboard a Spain client?
8 broker records map Spain clients to an EU-authorised entity (CySEC, KNF, BaFin). 3 records map Spain residents to an offshore (tier-3) entity. This does not establish local authorisation or application acceptance; check that entity's leverage, compensation and complaint terms. For 3 we have not yet mapped the onboarding entity. Check your national regulator's register for local oversight. Always confirm the entity named on your client agreement and its licence on the official register before depositing.
Which platform has the lowest cost in Spain?
Among the 14 platforms in our country records for 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?
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. Through an EU-authorised entity, the highest leverage among these brokers is 30:1 (IC Markets). 3 broker records map Spain residents to an offshore entity, where up to 1000:1 is advertised (PU Prime). This is not a confirmed offer for your account; check the contracting entity's terms. Higher leverage increases both potential gains and losses.
How does Clarytrade pick these platforms?
We rank by our published 8-criteria method, filter using our country coverage records, and show possible legal entities for Spain clients. Mappings and licences do not confirm application acceptance. Affiliate commission is weighted at 0%.