The Best Forex Brokers and Platforms in Spain

When testing forex brokers in Spain, we use the same methods to make sure that our findings are accurate and useful to the readers. With a combination of user reviews and testing, our results showed that IG Markets, CMC Markets, and XTB are the best for forex trading in Spain.

The above-recommended forex brokers are overseen by the National Securities Market Commission (CNMV), which is the local financial regulator of Spain’s securities markets. The best part is that top-tier international regulators, such as the Financial Conduct Authority (FCA), also regulate them.

Additionally, the best forex brokers above have a pool of forex instruments, including ETFs, futures, and options. They also have a platform with excellent features and tools for useful market analysis. While testing, we noticed that these three have efficient mobile applications that allow traders to monitor their activities anywhere they see fit.

The best forex brokers in Spain are IG Markets, CMC Markets, and XTB. They have many forex instruments, easy-to-use features, and offer educational tools to improve your trading experience. Try them today, and we assure you that your first experience will be one among many.

We usually review the best trading platforms based on functionality. Our recommended brokers have platforms that are designed in a more advanced manner. These forex trading platforms deliver exceptional speed and performance that will make sure that you are in control of your trading activities.

Additionally, these brokers’ trading platforms have educational tools that suit all forex traders. Whether you are a beginner, intermediate, or expert, the available educational tools will boost your trading experience.

Note that the National Securities Market Commission (CNMV) authorises foreign brokers to access the Spanish market. Therefore, during our research, we made sure that these brokers allow Spanish forex investors. The three are also licensed and regulated by top-rated authorities, such as the Securities and Exchange Commission (SEC).

Do not hesitate to try the best forex trading platforms in Spain. With demo accounts, you will have a taste of how their forex trading platforms work.

If you are a beginner in Spain looking for a forex trading platform, eToro, CMC Markets, and Plus500 top the list. According to our reviews, what makes them stand out is their easily tailored platforms that suit your trading needs. For example, eToro has a social trading platform where you can copy trades from the professionals.

Additionally, these three forex brokers’ platforms are unique and up-to-date with new functionalities and features. The resources and educational tools are also easily accessible for traders to learn and improve their experience.

 Note that most beginners require easy-to-use and customise trading platforms, of which only these three platforms are able to provide.

It’s no a brainer that Spain’s official language is Spanish. Therefore, you are likely to find many forex brokers also conversing in Spanish. During our research, we compared all the available forex brokers. We prioritised the brokers that offer not only Spanish accounts, but those that also perform seamlessly. 

Windows is one of the best-operating systems that traders prefer. Therefore, it makes sense to find a broker that works well with your Windows device. During our research, we spend hours testing brokers on various operating systems. Together with user reviews, our findings confirmed that the best forex brokers for Windows in Spain are the ones we recommend above.

If you haven’t tried these brokers on your Windows PC, then you don’t know what you’re missing. Their forex trading platforms run very smoothly like you’ve never witnessed before.

 Everything you need for your trading needs is easily accessible, and they can be customised to suit all investors.

One forex broker that left us in awe is eToro. This social trading broker has a well-established platform with an impeccable performance that only Windows users can explain. Generally, the best forex brokers for Windows are the ones listed above. Therefore, if you have been looking for a suitable broker for your Windows desktop, then perhaps it’s about time you try one of these three.

Using our testing procedure and comparing honest user reviews, we concluded that the best forex brokers for Mac OS in Spain are XTB, IG Markets, and CMC Markets. We usually begin our research by confirming if the brokers are safe. Our best forex brokers for Mac OS are regulated by top-tier authorities, such as the National Securities Market Commission (CNMV) and the Financial Conduct Authority (FCA).

We noticed that brokers in today’s trading market are offering trading platforms that are supported on Mac OS devices.

The brokers mentioned above keep updating their platforms with modern features so that traders can enjoy their experience, regardless of their Mac’s generation.

We expect these brokers to continue excelling in being the best for Mac OS users in Spain. Note that our research does not end here. We will keep on researching and keep you posted on any changes. Therefore, we encourage you to be on the lookout for our updates. 

If you are a retail investor with a low budget, then these forex brokers will suit your needs. Our research has confirmed that they are by far the best forex brokers with micro accounts in Spain. Although any trader can use these brokers, they are best suited for beginners who are still familiarising themselves with the forex markets.

A broker that offers a micro account should also have many research tools, like the ones we recommend. That way, you will be able to learn more and improve your experience.

Also, these brokers have reliable customer support which will be at your disposal, should you need any clarification.

Overall, our research has led us to conclude that the best forex brokers with micro accounts in Spain are eToro, XM and XTB. This is because they allow low budget investors to access their forex markets. Their features are easy-to-use and customisable, making them fit for all traders. We highly encourage you to try them using their demo accounts before signing up the live version.

Spain’s massive population continues to attract forex brokers. However, not all forex brokers will allow Spaniards to invest with them. They must get approval from the National Securities Market Commission (CNMV), which is the primary and only financial regulatory authority in Spain.

We know that it is challenging to choose a safe forex broker in Spain. Not only do you expect to find a forex broker, but you will also need to find the best. To achieve this, we advise you to consider the following factors:

• Trading instruments: We believe that a forex investor, especially beginners, would wish to try their luck on various forex instruments to see which one works best. Therefore, consider choosing a forex broker with a diverse selection in one platform.
• Trading platform: A forex broker’s online presence is essential when choosing a brokerage firm. The trading platform should be flexible, easy-to-use, with an excellent user interface. Also, choose a broker with various research and educational resources to improve your forex trading experience.

• Fees: This is another essential factor to consider when choosing a forex broker. In forex trading, commissions and spreads play a big part in identifying a suitable forex broker. Therefore, we strongly advise that you choose a forex broker with commissions and spreads that matches your budget.
• Account types: Forex brokers offer various types of accounts, including micro, VIP, premium, zero spread, and fixed, to name a few. Depending on your level of expertise and preference, this is a factor that you should also  consider.
• Customer service: Spanish is the second most spoken language globally, after English. Therefore, when choosing a forex broker, not only should you confirm their reputation, but you should also ensure that they offer their services in Spanish. 

In this “best forex brokers and platforms” guide, we tested each broker, and reviewed honest user reviews, and ranked the best forex brokers in Spain. Our team of experts spent more than 150 hours researching, making sure that we get the best results, without being biased.

Our researchers have the necessary skills to conduct successful research. In fact, most of us to-date are investors in some of the brokers we recommend here. Note that we do not rely on our findings only. We combine them with user reviews that we get from Google Play and the App Store. We do this because we want to give our readers accurate information to make informed decisions.

As mentioned in our guide above, Spain has stringent trading regulations. When doing our research, we also kept this factor in mind to determine the best forex broker. The brokers we recommend for Spaniards are all regulated by the National Securities Market Commission (CNMV). They are also licensed and regulated by top-tier international authorities, such as the Financial Conduct Authority (FCA), and the Securities and Exchange Commission (SEC).

Remember that when a forex broker possesses more than one brokerage license, it further proves their credibility as one of the safest in the industry.

Our research is based on multiple processes. We test the forex brokers by signing up their demo or free trial accounts. We then trade on these platforms, just like any other investor. Once we have shortlisted our most preferred brokers, we go through the same process again to make sure we know which one has better features and perform the best. We also go through all customer reviews on Google Play and the App Store. Only then do we make our final decision and share it with our readers.

The trading markets keep changing due to technological advancements. With these changes, new brokers are introduced into the market. Since the new brokers have more updated trading platforms, it forces the existing forex brokers to also update theirs. These updates can have significant effects on the features and performance of these platforms. Therefore, when the change happens, we make sure that we also update our reviews on them.