The Best Trading and Investment 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.

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.

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.

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. 

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.

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.

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.

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.