Best brokers available in Spain

Spanish residents can use regulated domestic branches and cross-border EEA brokers, but broker availability and product marketing are not the same thing. Retail CFDs, including rolling-spot forex, remain available only under permanent leverage, margin-close-out, negative-balance, incentive and risk-warning protections. Since August 2023 the CNMV also restricts advertising and aggressive promotion of CFDs to Spanish retail investors and the general public, so a broker may be operationally available while a public affiliate Open Account CTA is deliberately suppressed.

Brokers serving Spain

Interactive BrokersInteractive Brokers Ireland Limited Available 96/100 Review & country fit →
Available/eligible products: Stocks, ETFs subject to PRIIPs/KID availability, Listed options, Listed futures, Bonds and funds, Spot currencies/FX subject to permissions, CFDs subject to eligibility and Spanish retail rules
Restricted/not offered: Binary options, Forecast/event contracts for Spanish retail clients, Products without required PRIIPs/KID documentation or account permissions
eToroeToro (Europe) Ltd Available 94/100 Review & country fit →
Available/eligible products: Stocks, ETFs, Cryptoassets under the EEA MiCA route, CopyTrader/portfolio features subject to eligibility
Restricted/not offered: CFDs for new Spanish users from 2 August 2024, Forex via CFD for new Spanish users, Binary options, Direct listed options and futures not verified
XTBXTB S.A., Sucursal en España Available 91/100 Review & country fit →
Available/eligible products: Real stocks, ETFs, Vanilla options, CFDs on forex, indices, commodities, shares and crypto subject to Spanish retail rules, Fractional rights where offered
Restricted/not offered: Binary options, CFD leverage, incentives or promotion outside CNMV retail rules, Direct listed futures not verified
PepperstonePepperstone EU Limited Restricted 91/100 Review & country fit →
Available/eligible products: Forex and CFD products only for Spanish residents who qualify and are accepted as professional clients
Restricted/not offered: New ordinary retail accounts for Spanish residents, Public Open Account CTA for Spanish retail visitors, Forex CFDs for new Spanish retail clients, Other CFDs for new Spanish retail clients

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