The Best Trading and Investment Apps in Spain

Spain has a thriving online trading market with a range of great trading and investment apps. Moreover, as a full-fledged member of the European Union, the brokers operating in the country are subjected to some of the strictest regulations in the world.

Spain has an extremely high adoption rate of mobile technology, as well as an increasingly tech-savvy population. The result is a market packed full of the world’s best trading apps and investment platforms, readily available for anyone with some money to spare.

Our team of experts have spent over 150+ hours testing different trading apps to create a unique trading guide for our readers.

Best Trading Apps in Spain

eToro
Plus500
AvaTrade

Spread for Bitcoin

0.75%

Variable

0.5%

Spread for USD/EUR

3 pips

Variable

1.3 pips

Spread on Amazon

0.09%

Variable

1 pips

Commission

Withdrawal Fee

€25

€0

€0

Minimum Deposit

€100

€100

€100

Time to Withdraw

1 Day

1-3 Days

1+ Day

How Many Cryptocurrencies

16 (plus pairs)

12 (CFD)
Availability subject to regulation

12 (plus pairs)

How Many Currency Pairs

47

70+ (CFD)

60+

How Many Stocks

1,000+

1,500+ (CFD)

90

Platform

eToro + eToroX

Plus500

MT4, MT5 & AvaTradeGo

Mobile App

24/7 Support

Regulation

CySEC

FCA, CySEC, ASIC, MAS

Central Bank of Ireland

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Trading Apps in Spain

There is no shortage of trading apps in Spain. Even the major banks in the country support trading using mobile devices.

After putting all the available apps to the test, we’re convinced that these three are the best online trading apps in Spain right now. All three of them provide all the tools you need to trade efficiently.

Despite this, the brokers are fairly different from each other and we suggest that you read our reviews to learn more about each one.

One thing these trading apps have in common is that they allow you to trade thousands of assets on a range of different markets using the latest mobile trading technology. The apps are also fully regulated and legal in Spain.

Best Investment Apps in Spain

Plus500
DeGiro
IBRK

Commission

Depend on asset

Withdrawal Fee

€0

0

1 free withdrawal/month

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

Depend on market

FCA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Investment Apps in Spain

When trying to find the best investment app in Spain, certain specific factors will determine your decision. Firstly, the app needs to support some form of long-term investment in a suitable market.

Naturally, the app also has to be licensed to operate in Spain, which all the brokers we recommend are. And don’t forget that long-term investments on apps usually come with commission, unlike derivatives trading, such as forex and CFDs.

Another thing to consider is whether you need a trading app that’s been translated into Spanish. Investments are always risky and you need to understand all the information provided to you. Luckily, some of the top investment apps do have a platform in Spanish.

Best Free Trading Apps in Spain

Plus500
FOREX.COM
eToro

Spread on Amazon

Variable

Depend on market

0.09%

Commission

Depend on asset

Withdrawal Fee

€0

0

€25

Minimum Deposit

€100

$250

€100

Time to Withdraw

1-3 Days

1-3 Days

1 Day

How Many Stocks

1,500+ (CFD)

220 (as CFDS)

1,000+

Platform

Plus500

Forex/MT4

eToro + eToroX

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

Cysec, FCA

CySEC

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Free Trading Apps in Spain

There is no such thing as a completely free trading app in Spain, at least not if you want to make profits in real money. With that said, there are several very cheap and commission-free apps, as well as an alternative solution that allows you to trade for free.

You see, the best trading apps in Spain have a demo account, which is a replica of a regular trading account with one difference: you trade using virtual money.

Thus, there is no risk involved since you can’t lose real money, meaning trading is free.

There are also a number of practice apps that can be used to learn to trade and they tend to be free. However, they are typically not very accurate or efficient.

Best Forex Trading Apps for Education in Spain

FOREX.COM
eToro
IG Markets

Spread on Amazon

Depend on market

0.09%

Min. $2

Commission

Depend on asset

Withdrawal Fee

0

€25

0%

Minimum Deposit

$250

€100

$250

Time to Withdraw

1-3 Days

1 Day

1-3 Days

How Many Stocks

220 (as CFDS)

1,000+

12,000+

Platform

Forex/MT4

eToro + eToroX

MetaTrader 4 + DMA

Mobile App

24/7 Support

Regulation

Cysec, FCA

CySEC

ASIC

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Forex Trading Apps for Education in Spain

Learning how to trade is not easy, yet it’s absolutely crucial for anyone looking to trade. Fortunately, it’s never been easier to find trading resources and forex trading apps with great educational material.

So, if you’re looking to educate yourself on forex trading, opt for one of the trading apps listed above.

We’ve gone through all of their educational material and have concluded that they have useful resources for both beginners and more experienced traders.

While learning how to trade, you should always have access to a demo account where you can test your new skills without the risk of losing real money. 

Best Stock Trading Apps for Android in Spain

Plus500
eToro
DeGiro

Spread on Amazon

Variable

0.09%

Depend on market

Commission

Depend on asset

Withdrawal Fee

€0

€25

0

How Many Cryptocurrencies

12 (CFD)
Availability subject to regulation

16 (plus pairs)

N/A

How Many Stocks

1,500+ (CFD)

1,000+

Thousands

Platform

Plus500

eToro + eToroX

DeGiro

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

CySEC

Depend on market

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Stock Trading Apps for Android in Spain

In order to be as transparent as possible when establishing the best stock trading apps for Android in Spain, we relied not only on our reviews and tests, but also on the reviews of real customers.

To do this, we collected trading app reviews from Google Play.

 As expected, our top picks for Android trading apps were also the apps with the highest ratings in the Android app store.

Out of all these apps, Plus500 is the highest-ranked app. In fact, Plus500 is the highest-rated trading app in both Google Play and the App Store.

Best Stock Trading Apps for iOS in Spain

Plus500
AvaTrade
IG Markets

Spread for Bitcoin

Variable

0.5%

6 pips

Spread for USD/EUR

Variable

1.3 pips

1 pip

Spread on Amazon

Variable

1 pips

Min. $2

Commission

Withdrawal Fee

€0

€0

0%

Minimum Deposit

€100

€100

$250

Time to Withdraw

1-3 Days

1+ Day

1-3 Days

How Many Cryptocurrencies

12 (CFD)
Availability subject to regulation

12 (plus pairs)

How Many Currency Pairs

70+ (CFD)

60+

80+

How Many Stocks

1,500+ (CFD)

90

12,000+

Platform

Plus500

MT4, MT5 & AvaTradeGo

MetaTrader 4 + DMA

Mobile App

24/7 Support

Regulation

FCA, CySEC, ASIC, MAS

Central Bank of Ireland

ASIC

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

WHAT MAKES THE Best Stock Trading Apps for iOS in Spain

Using the same procedure as above, we’ve listed the best iOS trading apps in Spain by combining the data from our tests and millions of user reviews from the App Store.

Once again, Plus500 is the top trading app of all trading apps in Spain. However, both AvaTradeGo and IG Markets ranked really high in our tests as well as in the opinions of previous and active customers.

If your mobile device is either an iPhone or an iPad, we suggest you try out one of the above-mentioned brokers. They are perfectly safe to use and we can almost guarantee that you’ll enjoy trading with them.

What Makes a Good Trading & Investment App in Spain?

All the best trading and investment apps in Spain live up to certain standards in terms of safety, selection of assets, and quality of trading platforms, etc. More specifically, we consider the following criteria to be the most important:

  • Regulated: All brokers in Spain have to be regulated by the CySEC, as well as the Spanish Securities Market Commission – or Comisión Nacional del Mercado de Valores (CNMV). Both of these institutes are tasked with ensuring that all brokers follow the EU’s trading directives (MiFID), meaning the broker has to prioritise customer and fund safety.
  • Assets: Naturally, the best broker has a selection of assets and instruments that suit everyone. For example, the best forex trading app should offer major pairs such as EUR/USD, as well as minors such as EUR/AUD, and exotic pairs such as SEK/EUR. Moreover, the best stock trading apps in Spain allow you to trade international stocks and domestic stocks listed on the Spanish stock exchange – Bolsa de Madrid.
  • Platforms: Lastly, all the best trading apps have to perform exceptionally in our tests. Our team of experienced traders use their knowledge to run extensive tests on all the features and tools to ensure that they work properly and offer benefits to the traders.

Obviously, our tests and criteria for the best trading apps in Spain are more comprehensive than this. In the section below, you can read more about the process we use to evaluate which trading apps are, in fact, the best in Spain and elsewhere in the world.

How we Research the Trading Apps

Even though we’ve touched on the subject already, we believe it’s important that you have a clear understanding of how we test, review, and rate trading apps.

What makes our reviewing process different from many of our competitors is that we don’t  just rely on our own expertise and tests. Instead, half of the data we use to rate brokers come from our tests, while the other half is based on millions of customer reviews from the app stores.

We collect the reviews automatically and so we have no way of editing the reviews and ratings that we get from Google Play and the App Store.

The benefit of this is that our reviews are unbiased and transparent by default, regardless of what our tests show.

Naturally, we look at local requirements as well. For example, since Spain isn’t an English speaking country, we give bonus points to any trading app that’s available in Spanish.

Similarly, we list brokers and apps that offer relevant instruments to the jurisdiction, such as trading apps with Spanish stocks listed and forex apps that allow you to trade EUR in pairs with the world’s currencies.

Tested Platforms & Brokers - And By Who
  • eToro
  • Markets.com
  • 24Option
  • IQ Option
  • BDSwiss
  • HotForex
  • Trade.com
  • Libertex
  • Plus500
  • XTB
  • InstaForex
  • IG Markets
  • GKFX
  • LionsFX
  • Valutrades
  • XM
  • IronFX
  • Blackwellglobal
  • FPmarkets
  • Amana Capital
  • Admiral Markets
  • Alvexo
  • Bizintra
  • Pepperstone
  • Windsorbrokers
  • HYCM
  • ForexTime
  • FXPro
  • FXGrow
  • AAAtrade
  • Markets
  • IFC
  • iForex
  • FXCM
  • Markets
  • CMC
  • LCG
  • Forex.com
  • Oanda
  • FXCC
  • Finmaxbo
  • Marketscube
  • Trader.online
  • Teletrade
Adam Jarfjord
Senior Editor
With several years of experience writing financial copy combined with an avid interest in forex trading, Adam possesses a superb understanding of the industry.

FAQs

Can you day trade on your phone?
Yes, technically you can day trade on your phone. All of the recommended trading apps in this article provide all the tools you need to effectively research any market before you place profitable traders. However, it is not recommended to day trade only on a smartphone because of its limited screen size. Instead, consider your trading app and smartphone a tool that you use to keep track of your open positions, even when you’re not seated at your trading station.
Can you really make money from trading apps?
Most definitely. All the best trading apps in Spain have support for real-money trading, what would be the point otherwise? When signing up for a trading account, you automatically get to use both the offered desktop platforms, as well as the broker in question’s app. You can therefore access your account and balance from any device, meaning you can make real money from trading apps in Spain.
Are trading apps in Spain safe?
Yes, all the regulated and licensed apps that are obeying the Spanish trading laws can be considered safe trading apps in Spain. Now, all the apps that we recommend are always licensed, we wouldn’t have it any other way. Therefore, the easiest way to ensure that the apps you’re trading with are safe is to rely on our recommendations. Alternatively, you can also check whether the broker in question has an online trading license from CySEC, the FCA, or a similar, reliable governing body.
How can I learn online trading?
Well, to begin learning how to trade is no easy feat, by any means. Keep this in mind because you will need to dedicate both time and effort into learning how to trade efficiently. Luckily, thanks to the Internet, it’s easier to learn online trading today than ever before. For example, all the top brokers and trading apps provide educational material for both beginners and pros. Secondly, the Internet is full of free (and paid) trading courses for different assets, instruments, and brokers. Lastly, you have a vast selection of forex trading, stock investment, and similar books to make use of. And don’t forget to sign up for a demo account with a reputable broker. That way, you can trade under real market conditions, but without any risk, thus practice trading and develop strategies.
Can I start trading with €100 in Spain?
Yes, some of the brokers that we have recommended have a minimum deposit level of just €100. Some brokers have higher limits, which effectively make it impossible to start trading with only €100. Please note that the first deposit limit only applies for the first deposit needed to confirm your account registration. After that, you’re allowed to deposit any amount you please.
How much money can you make day trading?
There is no ceiling on the profits you can make from day trading. Some of the best day traders in Spain are making millions of euros every year, only from trading. Note that up to 80% of online traders lose money in the end!

Conclusion

With its own regulatory body, a thriving stock market, and a growing interest in online, mobile trading, Spain boasts an exciting selection of trading apps and brokers.

Whether you want to trade stocks, forex, cryptocurrencies, CFDs, and more, there is an investment or trading app to fulfil your needs.

After having tested all the brokers in Spain, we’ve concluded that the trading apps listed above are the best apps in 2021.

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