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2022 Guide to investing in Stocks, Shares, CFD's, Cryptocurrencies, Commodities and more in Spain

Best Spain brokers
Best Spain Brokers 2022

This guide to the best online brokers in Spain has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

This guide contains the latest information about finding the most professional trading patforms in Spain.

If you're a new entrant in the realm of trading and broker, so many facts will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You'll acquire adept skills at all of the concepts of brokerage as you continue trading. For starters, you have to choose the perfect agent in Spain who'll be transparent with you always.

In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan is key to your success.

We currently have 22 Brokers from our research that we believe are the Professional Online Brokers in Spain

Finding The Top Spain Online Brokers?

This guide has been designed to help you find a reputable Spain broker. When looking for a good, professional broker in Spain it can be a little confusing.  Below we show what your trading options are in Spain and what Spain brokers can offer you.

Getting a free trial of at least 3 days is a good way to evaluate the quality and reliability of any Spain broker. Before making any ultimate decisions, you have to be able test the tradins platform's and software in real-time but with minimal risk. This will allow you to test the software and see how easy it is. A reuptable broker in Spain should make it as easy as possible for you. They shouldn't have to do a lot research nor set up multiple accounts before they let you start trialling their tools.

We currently have 22 Online Brokers that we believe are the Professional Trading Patforms in Spain

ExanteDIF BrokerInvestors IntelligenceEagleFXBinary.comSpreadConetwealth share tradingSwissquoteVinson FinancialsamarketsBoston Merchant FinancialCredit Financier Investfx choiceCommonwealth SecuritiesageaWestpacPepperstonegcm forexnetotradetd ameritradeNutmegTopForex
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Rating5.70/55.41/56.28/52.89/52.11/54.43/54.65/55.69/55.86/54.05/53.51/55.51/55.05/54.61/56.25/56.08/57.86/54.00/54.45/53.45/54.56/56.16/5
Minimum Deposit$11700$500$1$10$250$100$250$0$200$250$50$500$250$5000$250$50$200$250$250$250$0$100
Year Founded2011199619472019201420052017199920042016198818172016199920142008201020172016201620082009
HeadquartersMaltaPortugalLondonDominicaUnited StatesLondonBulgariaSwitzerlandCyprusUnited KingdomDubaiLebanonAustraliaAustraliaCyprusAustrailiaAustraliaUSAUSAMaltaUSACyprus
Regulated ByMalta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMAFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA)UnregulatedUnregulatedFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F284Financial Conduct Authority (FCA)Cyprus Securities and Exchange Commission (CySEC), The markets in financial instruments directive (MiFID)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223Australian Securities and Investment Commission (ASIC)Swiss Financial Market Supervisory Authority (FINMA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F235Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F221Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F248Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F283Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F319UnregulatedCyprus Securities and Exchange Commission (CySEC)
Clients10,000+10,000+10,000+5,000+10,000+10,000+250,000+300,000+10,000+1,000,000+10,000+10,000+10,000+10,000+250,000+10,000+10,000+142,500+14,000,000+10,000+10,000+10,000+
Risk WarningBetween 74-89% of retail investor accounts lose money when trading CFDs.Your capital is at riskLosses can exceed depositsCFD and Spot Forex trading both come with a high degree of risk. You must be prepared to sustain a total loss of any funds deposited with EagleFXYour capital is at riskLosses can exceed depositsYour capital is at riskTrading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investmentLosses can exceed depositsYour capital is at riskLosses can exceed depositsYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% 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 moneyYour capital is at riskYour capital is at riskYour capital is at riskYour capital is at riskLosses can exceed deposits
Withdrawal FeesYesYesNoYesYesYesYesNoNoYesNoYesNoNoNoNoNoYesNoNoNoYes
Inactivity FeesNoNoYesYesYesNoNoNoNoNoNoYesYesNoNoNoYesNoNoNoYesNo
Deposit Fees117005001102501002500200250505002505000250502002502502500100
CFD FeesNoYesYesNoYesYesYesNoYesNoNoYesNoNoYesNoYesYesNoNoNoYes
Accepts Credit CardsNoYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts PayPalNoNoNoNoNoNoYesNoNoYesNoNoYesNoYesNoYesYesYesYesNoNo
Accepts SkrillNoNoNoNoNoNoYesNoNoYesNoNoYesNoYesNoYesYesYesYesNoNo
Accepts PayoneerNoYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYes
Accepts NetellerNoNoNoNoNoNoYesNoNoYesNoNoYesNoYesNoYesYesYesYesNoNo

Online Stock Trading In Spain

Trading stocks and shares in Spain is highly controlled and considered very secure. But, as always, that any investment can go down as well as up, which means that your capital is in danger.

If you are just starting out using online trading then it's advised to get a demo account with a controlled broker so that you are able to find out the strategies without the danger of losing cash.

Live Forex Trading In Spain

Forex is the largest liquid financial market in the world using a daily monetary exchange turnover of over $5 trillion (BIS statistics April 2016).

Forex (Abbreviation of Foreign Exchange) is a currency exchange between two distinct countries and the following management of the consequent position where one currency gains and the other loses.

It is simple to do Live Forex Trading in Spain with experienced online trading platforms

Live CFD Trading In Spain

CFD trading is the buying and selling of contracts for difference via an online provider in Spain. When you trade CFDs you are entering into an agreement to exchange the difference in the price of an asset from the point at which the contract is opened to when it is closed.

Spread Betting In Spain

Spread Betting in Spain is possible using trusted online brokers like eToro or IC Markets. It is a simple bet as to whether the price will go up or down.  Often, the Spain online trading platforms will show the prices you have.

If you are looking at how to do spread betting in Spain then it is suggested to start with a demo account with either XM or Trading212 so that you can practice with virtual money before risking your own capital.

Trading Shares in Spain

Internationally, Spain is considered safe to do online trading and has access to other global financial centers. In Spain, online brokers are highly regulated, professional and supportive. 

However, it is always important to be as informed as possible so below are some of the most important things any trader should know:

The financial markets in Spain are mature and are seen are very trustworthy due to regulation and compliance by the local Fiancial trade authority in Spain.

The online trading apps used by brokers in Spain are thoroughly tested and highly rated & secure.

Whichever Online Trading Platforms in Spain you decide to use, ensure they have all of the below:

  • User friendly platform
  • Access to a risk management tool
  • Good or instant execution speed
  • High quality charts
  • Capable of doing social trading
  • Quick online help or support

Challenges Of Trading in Spain

The US Dollar is considered the base currency globally so even a little change in the US economic markets could affect the financial markets in Spain. The EU is also a large market and changes there can affect the financial markets in Spain.

Like every country there are opportunities in Spain financial markets and overall the prospects are great. However, like in all global financial markets we recommend that any Online Trading Solutions in Spain you decide to use, make sure you do your due diligence first before risking any real money. We have collated thousands of datapoints and written this guide to help you find the Best Trading Platforms in Spain.  We hope that by using this guide you will find a experienced broker that matches your needs.

Frequently Asked Questions About Trading Forex In Spain

Is Forex Trading Legal In Spain?

There is a growing misconception that trading Forex in Spain is deemed unsafe. This isn't the case, Forex trading in Spain is very active, regulated and safe.

Trading in Forex is permitted in Spain as for any company to trade internationally, foreign currency has to be exchanged. Any time you purchase something and it is sent from overseas, there'll be multiple currency exchanges by multiple companies to get that thing to you.

The main thing is that if trading Forex in Spain you select one of the best online brokers.

Do Forex Traders Pay Tax In Spain?

Once a dealer is successful and their gains reach a certain level then they can be taxed in Spain according to the standard taxation rules.

Tax returns must always be filed even if there is a reduction. You should seek out advice with a documented accountant in Spain to ensure you are abiding by all current regional laws as it is very determined by your personal circumstances.

Can You Trade Cryptocurrencies In Spain?

Cryptocurrency markets in Spain are rather new. As Cryptocurrencies operate on decentralised resources in Spain matters like interest rate fluctuations and political instability do not affect them as far as the money markets.

Cryptocurrencies are more popular with the younger generations as well as increasing income levels and technologies adoption, trading cryptocurrency in Spain is increasing day by day. It's still small in comparison to the Forex markets however around $6 billion USD of Bitcoin is traded every day.

Can You Trade Commodities In Spain?

Commodity trading in Spain includes trading in matters like precious metals, energies and agricultural commodities.

Some products like agricultural are seeing exponential growth inSpain.

Fast growing economies like India have a significant need for many fundamental raw materials for their inhabitants. It follows that states like Spain can take advantage of the situation.