Notes

First Forex Brokers Madrid for 2023
Residents of Spain can trade forex and CFD products. a que hora abre el mercado forex aren't necessary to become authorised by the Comisi�n Nacional del Mercado de Valores (CNMV) to simply accept residents of Spain as customers. The English translation of "Comisi�n Nacional del Mercado de Valores" is National Securities Market Commission.

Best Forex Brokers Spain
For the best forex brokers in Spain, we created a summary of all brokers that list Spain as a country they accept clients from. We then ranked brokers by their Overall ranking.

Here is our list of the very best forex brokers in Spain:



IG - Best overall broker, most trusted
Saxo Bank - Best web-based trading platform
XTB - Great research and education
eToro - Best for copy and crypto trading
AvaTrade - Ideal for beginners and copy trading
XM Group - Good for algo trading
Pepperstone - Ideal for MetaTrader and copy trading

Spain Forex Brokers Comparison
Compare Spain authorised forex and CFDs brokers hand and hand using the brokerage comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Overall ranking.

2023 Review Methodology
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data in addition to the observations and qualified opinions of our expert researchers. Every year we publish thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how exactly we calculate Trust Score here).

Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points along the way). We test all available trading platforms for each broker ? if they are proprietary or come from third-party providers ? and evaluate them predicated on a host of data-driven variables.

We also take an in-depth look at each broker?s commissions and fees, such as for example bid/ask spreads ? including the average spread data for a few of the most popular forex currency pairs. We research other trading costs, such as for example inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a variety of other important fee-based data points.

Some of the other important research categories which are factored into our testing include mobile trading accessibility and capability, availability of general market trends and educational content, and each broker?s overall Trust Score.

Read our full explanation and accounting of our research and testing process to learn more about how exactly we test.

Forex Risk Disclaimer
There is a high degree of risk involved in trading securities. With respect to margin-based forex trading, off-exchange derivatives, and cryptocurrencies, there's considerable exposure to risk, including but not limited by, leverage, creditworthiness, limited regulatory protection and market volatility which could substantially affect the price, or liquidity of a currency or related instrument. It will not be assumed that the methods, techniques, or indicators presented in the products will be profitable, or that they will not bring about losses
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