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Forex Brokers in Spain

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Recognizing the best forex brokers is not just a matter of making sure of its security and basic trading features. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.

The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.


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Score Broker Country Regulation Min Deposit Max Leverage
145
IC Markets
IC Markets
Spain
ASIC
$200
1 : 1000
162
XM
XM
Spain
CNMV
$5
1 : 1000
249
FXOpen
FXOpen
Spain
FCA
$1
1 : 500
112
Markets4you
Markets4you
Spain
FSC (BVI)
$0
1 : 1000
264
MTrading
MTrading
Spain
SVGFSA
$10
1 : 1000
514
Grand Capital
Grand Capital
Spain
FFMS
$10
1 : 500
55
Orbex
Orbex
Spain
CNMV
$200
1 : 500
733
TMGM
TMGM
Spain
ASIC
$100
1 : 500
482
XTB
XTB
Spain
CNMV
$0
1 : 30
2
Alpari
Alpari
Spain
SVGFSA
$1
1 : 1000
709
ROinvesting
ROinvesting
Spain
CNMV
$100
1 : 400
707
MultiBank
MultiBank
Spain
CNMV
$50
1 : 500
16
Trade360
Trade360
Spain
CNMV
$500
1 : 200
739
Axiance
Axiance
Spain
CNMV
$100
1 : 500
529
XGLOBAL Markets
XGLOBAL Markets
Spain
CNMV
$100
1 : 30
692
UFX
UFX
Spain
CNMV
$100
1 : 200
51
FxGrow
FxGrow
Spain
CNMV
$100
1 : 100
774
Baxia Markets
Baxia Markets
Spain
SCB
$10
1 : 500
219
FXGM
FXGM
Spain
CNMV
$200
1 : 30
315
Darwinex
Darwinex
Spain
CNMV
$10000
1 : 200
492
One Financial Markets
One Financial Markets
Spain
FCA
$250
1 : 30
556
OneTrade
OneTrade
Spain
CNMV
$500
1 : 100
406
EverFX
EverFX
Spain
CNMV
$250
1 : 500
685
AMarkets
AMarkets
Spain
The Financial Commission
$100
1 : 1000
700
ATFX
ATFX
Spain
CNMV
$200
1 : 30
62
NSFX
NSFX
Spain
CNMV
$300
1 : 50
305
Fullerton Markets
Fullerton Markets
Spain
The Financial Commission
$200
1 : 500
109
Alvexo
Alvexo
Spain
CNMV
$500
1 : 400
641
Olymp Trade
Olymp Trade
Spain
The Financial Commission
$2
1 : 500
470
Binary.com
Binary.com
Spain
FSA (Japan)
$1
1 : 1000
711
Forex24
Forex24
Spain
CNMV
$2000
1 : 400
649
AMP Global
AMP Global
Spain
CNMV
$100
1 : 50
775
NPBFX
NPBFX
Spain
FSC (BVI)
$10
1 : 1000
750
GANNMarkets
GANNMarkets
Spain
The Financial Commission
$10
1 : 400
674
EuropeFX
EuropeFX
Spain
CNMV
$1000
1 : 30
590
World Forex
World Forex
Spain
FSC (BVI)
$1
1 : 500
762
OpoFinance
OpoFinance
Spain
The Financial Commission
$100
1 : 500
477
Deriv
Deriv
Spain
FSC (BVI)
$5
1 : 1000
563
Gerchik & Co
Gerchik & Co
Spain
VFSC
$100
1 : 100
735
Opoforex
Opoforex
Spain
The Financial Commission
$100
1 : 500

If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.



FAQ

Finding the best forex broker in Spain is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from Spain, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.

The list in this page can be a good reference if you look to trade with in Spain. We have sorted specific forex brokers that accept clients from Spain, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.

If you are a beginner and looking for the right broker to trade forex in Spain, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.


Additional FAQ

Forex brokers commonly implement KYC through various methods, including manual ID verification conducted by an internal team, the use of third-party ID verification services that automate the process, and pre-KYC screening to expedite data filtering and enhance efficiency.

Continue Reading at Is KYC Important in Forex Trading?

These are some of the best Malaysian brokers to consider:

  1. Tickmil: LFSA with License Number MB/18/0028.
  2. FBS: LFSA with License Number MB/18/0028.
  3. IFC Market: LFSA with License Number MB/20/0049.
  4. ICM Market: LFSA with License Number MB/18/0029.
  5. Hirose: LFSA with License Number MB/15/0006.
  6. Deriv: LFSA with License Number MB/18/0024.
  7. XM Malaysia: Not regulated by the LFSA.

Continue Reading at Top Forex Brokers for Malaysian Traders

Some of the top regulatory agencies in the world include:

  • The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) in the United Kingdom
  • The Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the United States
  • The Swiss Financial Market Supervisory Authority (FINMA) in Switzerland
  • The Australian Securities and Investments Commission (ASIC) in Australia
  • The Financial Services Agency of Japan (JFSA) in Japan
  • The Cyprus Securities and Exchange Commission (CySEC) in Cyprus

If the broker you use is regulated by one of the regulatory agencies above, you can be confident that it is safe. The reason is that these regulatory agencies have strict requirements that brokers must meet to be licensed.

Only the most reputable and trustworthy brokers can obtain a license.

Continue Reading at How to Avoid Forex Broker Scams

Earnforex has sorted out current forex broker awards into three categories:

  1. The highest tier (trusted) awards are organized by renowned and highly reputable publications such as FXStreet.
  2. Medium-tier (expos and conventions) such as Finance Magnates Summits and iFX Expo. The organizers themselves are reputable, and there are some rather tough qualifications for forex brokers who want to participate
  3. Lowest tier (dubious awards), including magazines and broker rating websites such as World Finance Magazine, International Business Magazine, Financial Derivative Magazine, and so on.

Continue Reading at Forex Broker Awards: All You Need to Know