ASIC, CySEC, DFSA +2 kancane
Top Spain Forex brokers
Forex trading is legal and well-regulated in Spain. The country's financial regulator, the National Securities Market Commission (CNMV), oversees Spain Forex brokers according to directives from the European Securities and Markets Authority (ESMA). This ensures safety for retail investors and FX traders.
Despite its EU membership, Spain faces 35% youth unemployment. With a total nominal GDP of $1.49 trillion, it ranks 15th globally. Per capita GDP is $31,000, placing Spain 36th worldwide.
The CNMV also ensures that top Forex brokers in Spain are part of the Investor Compensation Scheme, offering eligible investors up to €20,000 in case of broker insolvency. We've compiled a list of the best Forex brokers in Spain through careful research.
MT4MT5Ulwazi elikhupile kakhuluukukopishaECNithuluzi eliphakathiPAMMAmasignali
Izaziso
I-platforms
MT4, MT5
MT4MT5Ulwazi elikhupile kakhuluukukopishaECNithuluzi eliphakathiPAMMAmasignali
Izaziso
ASIC, CySEC, DFSA +2 kancane
I-platforms
MT4, MT5
MT4MT5Ulwazi elikhupile kakhuluukukopishaECNithuluzi eliphakathiPAMMSTP
Izaziso
ASIC, CySEC, DFSA +2 kancane
I-platforms
MT4, MT5
MT4ukukopishaECNithuluzi eliphakathiPAMMAmasignali
Izaziso
FSC Belize
I-platforms
MT4
MT4MT5Ulwazi elikhupile kakhuluukukopishaECNithuluzi eliphakathiPAMMAmasignaliSTP
Izaziso
ASIC, CySEC, FSCA +2 kancane
I-platforms
MT4, MT5
MT4MT5C-IsitshenziselwaukukopishaECNPAMMAmasignali
Izaziso
ASIC, BaFin, CMA +4 kancane
I-platforms
MT4, MT5, I-TradingView +1 kancane
ithuluzi eliphakathiAmasignali
Izaziso
CNMV, FCA UK, KNF +1 kancane
I-platforms
xStation
MT4MT5ukukopishaithuluzi eliphakathi
Izaziso
ASIC, CySEC, FSA Seychelles +1 kancane
I-platforms
MT4, MT5, I-TradingView +1 kancane
MT4MT5ukukopishaithuluzi eliphakathiAmasignali
Izaziso
CySEC, FCA UK, FSA Labuan +2 kancane
I-platforms
MT4, MT5
MT4MT5Ulwazi elikhupile kakhuluukukopishaECNithuluzi eliphakathiPAMMAmasignaliSTP
Izaziso
ASIC, FSA St. V, FSCA
I-platforms
MT4, MT5
Forex trading profits in Spain are subject to a dynamic capital gains tax of 19% to 23% based on income. For profits up to €6,000, the tax is 19%, rising to 21% for earnings between €6,000 and 50,000, and reaching 23% for profits between €50,000 and 200,000.
Trusted Forex brokers in Spain adhere to rules that limit maximum leverage for retail traders, preventing overleveraging. Major currency pairs have a 1:30 leverage cap, non-major pairs, gold, and major indices are at 1:20, commodities and minor indices at 1:10, stocks and other CFDs at 1:5, and cryptos at the lowest 1:2 leverage. While a 1:30 leverage requires substantial initial capital, professional traders can access higher leverage levels.
Spain enjoys reliable internet and electricity across rural and urban areas, ensuring stable connectivity with global financial markets at all times.