Top Forex brokers for Spain

Forex trading na legal and well-regulated for Spain. The country regulator for finance, the National Securities Market Commission (CNMV), dey oversee Spain Forex brokers as e concern directives from the European Securities and Markets Authority (ESMA). This one dey ensure say retail investors and FX traders dey safe. Even though Spain dey EU, dem still dey face 35% youth unemployment. The whole country GDP be $1.49 trillion, so dem dey rank 15th for the whole world. Per capita GDP na $31,000, so Spain dey rank 36th for the whole world. The CNMV also dey ensure say the top Forex brokers for Spain na part of the Investor Compensation Scheme, wey go give eligible investors up to €20,000 if broker dey insolvent. We don compile list of best Forex brokers for Spain from our careful research.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.36
AvaTrade read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.18
RoboForex read review
MT4Copy tradingECNHigh leveragePAMMSignals
Regulations
FSC Belize
Platforms
MT4
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
8.64
Pepperstone read review
MT4MT5cTraderCopy tradingECNPAMMSignals
Regulations
ASIC, BaFin, CMA +4 more
Platforms
MT4, MT5, TradingView +1 more
8.46
High leverageSignals
Regulations
CNMV, FCA UK, KNF +1 more
Platforms
xStation
8.10
easyMarkets read review
MT4MT5Copy tradingHigh leverage
Regulations
ASIC, CySEC, FSA Seychelles +1 more
Platforms
MT4, MT5, TradingView +1 more
7.92
Tickmill read review
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
7.74
VT Markets read review
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSA St. V, FSCA
Platforms
MT4, MT5
Forex trading profits for Spain dey subject to dynamic capital gains tax wey dey range from 19% to 23% depending on income. For profits wey no pass €6,000, the tax na 19%. For earnings between €6,000 and 50,000, the tax na 21%. For profits between €50,000 and 200,000, the tax na 23%. Trusted Forex brokers for Spain dey follow rules wey dey limit the maximum leverage for retail traders, wey dey prevent overleveraging. Major currency pairs get leverage cap of 1:30, non-major pairs, gold, and major indices get leverage cap of 1:20, commodities and minor indices get leverage cap of 1:10, stocks and other CFDs get leverage cap of 1:5, and cryptos get the lowest leverage of 1:2. Even though 1:30 leverage go need substantial initial capital, professional traders fit get access to higher leverage levels. Spain get reliable internet and electricity for rural and urban areas, so dem dey ensure stable connection with global financial markets at all times.

FAQs about Spain