To day trade financial markets like stocks listed on the Bolsa de Madrid, the IBEX 35 index, or currency pairs containing the EUR, you’ll need to open an account with an online broker.
The Comisión Nacional del Mercado de Valores (CNMV) regulates brokers in Spain, though other EU-regulated platforms can provide short-term trading products to Spanish investors through the EU’s passporting scheme. That said, it’s important to follow CNMV regulations and tax rules in Spain.
We’ve identified the best day trading brokers in Spain following rigorous tests. Many of these platforms offer tailored services for Spanish traders, including local securities, EUR accounts and the most popular e-wallet in the country, PayPal.
Spain’s CNMV introduced restrictions in 2023 on the marketing of CFDs, including forex CFDs, to resident retail investors. Traders are allowed to seek out these products on their own initiative, but these restrictions underline the very real risk of losses when trading leveraged CFDs.
Top 6 Platforms For Day Trading In Spain
Following our extensive tests of hundreds of online brokers, these 6 stand out as the best for short-term traders in Spain:
-
- Demo account
- Regulator: FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms: MT4, MT5, TradingView, TradeLocker
71.28% of retail traders lose money when trading CFDs -
- Demo account
- Platforms: xStation
- Min. deposit: $0
75% of accounts lose money when trading CFDs with this provider. -
- Demo account
- Regulator: FCA, ASIC, CMVM , FSCA, SCB, FSA
- Platforms: TN Trader, MT4, TradingView
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- Demo account
- Regulator: ASIC, VFSC, FSA
- Platforms: MT4, MT5, cTrader, TradingView, DupliTrade
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- Demo account
- Instruments: CFDs, Forex, Indices, Shares, Commodities
- Regulator: ASIC, CySEC, FSCA, FSC
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- Demo account
- Regulator: FMA, FSA
- Min. deposit: $0
Learn how we test brokers and why you can trust our ratings.
Here is a short overview of each broker's pros and cons
- Eightcap 4.6/5 Eightcap is a multi-regulated forex and CFD broker established in Australia in 2009. The broker has proven popular with active day traders, providing 800+ instruments with tight spreads and notable improvements in recent years, integrating the leading TradingView platform, alongside AI-powered financial calendars and algo trading tools with zero coding experience required.
- XTB 4.8/5 Founded in 2002 in Poland, XTB now serves more than 1 million clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.
- Trade Nation 4.4/5 Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas.
- Fusion Markets 4.6/5 Fusion Markets is an online broker established in 2017 and regulated by the ASIC, VFSC and FSA. It is best known for its low-cost forex and CFD trading, although its multiple account types and copy trading solutions cater to a range of traders. New clients can sign up and start trading in 3 easy steps.
- FBS 4.3/5 Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
- BlackBull 4.5/5 BlackBull is a New Zealand-based CFD broker providing diverse trading opportunities on over 2,180 instruments. After undergoing a rebrand in 2023, it now sports a modern look and feel complete with professional-grade trading tools and ultra-fast execution speeds averaging 20ms.
Best Day Trading Platforms and Brokers in Spain 2026 Comparison
| Broker | Minimum Deposit | Markets | Platforms | Max Leverage* | Regulator |
|---|---|---|---|---|---|
| Eightcap | $100 | CFDs in Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, TradingView, TradeLocker | 1:30 | FCA, ASIC, CySEC, FSC, SCB, FSA |
| XTB | $0 | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation | 1:30 | FCA, CySEC, KNF, DFSA, FSC, SCA, CMF, Bappebti |
| Trade Nation | $0 | CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only) | TN Trader, MT4, TradingView | 1:30 | FCA, ASIC, CMVM , FSCA, SCB, FSA |
| Fusion Markets | $0 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | MT4, MT5, cTrader, TradingView, DupliTrade | 1:500 (Exceeds ESMA limits; high risk) | ASIC, VFSC, FSA |
| FBS | $5 | CFDs, Forex, Indices, Shares, Commodities | FBS App, MT4, MT5 | 1:30 | ASIC, CySEC, FSCA, FSC |
| BlackBull | $0 | CFDs, Stocks, Indices, Commodities, Futures, Crypto | BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist | 1:500 | FMA, FSA |
Community Sentiment
See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Our Users' Rating | Trustpilot Score | Trustpilot Reviews | iOS App Rating | Android App Rating |
|---|---|---|---|---|---|
| Eightcap | 3909 | ||||
| XTB | 3043 | ||||
| Trade Nation | 2175 | ||||
| Fusion Markets | 10336 | ||||
| FBS | 10253 | ||||
| BlackBull | 3521 |
Eightcap
Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.
Christian Harris, Reviewer
Eightcap quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs in Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- FCA, ASIC, CySEC, FSC, SCB, FSA
- Platforms
- MT4, MT5, TradingView, TradeLocker
- Minimum Deposit
- $100
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, SGD
Pros
- After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
- Eightcap added TradeLocker in 2026 for certain regions, marking it out as the best regulated TradeLocker broker, while still delivering Eightcap's ultra-fast execution and low fees for active traders on the charting software.
- Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, and more recently the 100-million strong social trading network TradingView.
Cons
- The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
- Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
- In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
XTB
XTB stands out as a top choice for new day traders with the terrific xStation platform, low trading costs, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform.
Christian Harris, Reviewer
XTB quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs
- Regulator
- FCA, CySEC, KNF, DFSA, FSC, SCA, CMF, Bappebti
- Platforms
- xStation
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP
Pros
- XTB offers fast withdrawals with payment within 3 business days, depending on the method and amount.
- Opening an XTB account is a hassle-free, entirely online process that takes just a few minutes, making the entry into day trading smooth for new traders.
- XTB has improved its assets and markets offering further in 2026 with options trading in Spain and Germany, spot cryptos in some regions, and Investment Plans 2.0 with more pre-built plans covering sectors like Defence, a more intuitive interface, and greater flexibility to combine single stocks and ETFs into individual plans.
Cons
- Not being able to adjust the default leverage level of XTB products is frustrating, as manual adjustment can significantly mitigate trade risk, especially in forex and CFD trading.
- The demo account expires after just four weeks, a serious limitation for traders who wish to thoroughly test the xStation platform and practice short-term strategies before committing real funds.
- XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.
Trade Nation
Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.
Christian Harris, Reviewer
Trade Nation quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only)
- Regulator
- FCA, ASIC, CMVM , FSCA, SCB, FSA
- Platforms
- TN Trader, MT4, TradingView
- Minimum Deposit
- $0
- Minimum Trade
- 0.1 Lots
- Account Currencies
- USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK
Pros
- Trade Nation's 2026 partnership with Volt has sped up payments for Australian traders, who can now make instant deposits and withdrawals using PayID, with the faster payout capabilities planned for clients in the UK and EU.
- The demo comes with a $5,000 practice account and you can request a one-on-one platform walkthrough by callback - this level of personal help is rare.
- The broker expanded into Europe with regulated online trading services after securing authorization from Portugal's CVMV, boosting its safety protections for European residents.
Cons
- Withdrawals can take up to five business days, which is around the industry average but slower than the 1-3 days we’re increasingly seeing brokers offer in an attempt to quash withdrawal complaints from retail investors.
- There is no raw or ECN pricing tier, which are often prefered by day traders. No matter how much you deposit or trade, you use the same fixed (or variable on MT4) pricing as beginners, making it unsuitable for scalpers especially.
- The 2–20% rebate scheme is closed to FCA, CMVM, and ASIC clients, meaning active day traders in these regions who would benefit from transaction rebates cannot claim them.
Fusion Markets
Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.
Jemma Grist, Reviewer
Fusion Markets quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Stocks, Indices, Commodities, Crypto
- Regulator
- ASIC, VFSC, FSA
- Platforms
- MT4, MT5, cTrader, TradingView, DupliTrade
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD
Pros
- Withdrawal processing times have been slashed to under an hour and can be processed 24/7, making it faster and easier for active traders to withdraw any gains.
- The market analysis features, Market Buzz and Analyst Views, are great tools for discovering opportunities and conveniently integrated into the client dashboard.
- Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
Cons
- While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
- Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
- Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.
FBS
FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.
Christian Harris, Reviewer
FBS quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Forex, Indices, Shares, Commodities
- Regulator
- ASIC, CySEC, FSCA, FSC
- Platforms
- FBS App, MT4, MT5
- Minimum Deposit
- $5
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, AUD, JPY
Pros
- FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
- 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
- The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
Cons
- There are only four base currencies available - EUR, USD, AUD and JPY (region dependant) - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.
- Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
- Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
BlackBull
After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.
Christian Harris, Reviewer
BlackBull quick facts
- Demo Account
- ✔Yes
- Instruments
- CFDs, Stocks, Indices, Commodities, Futures, Crypto
- Regulator
- FMA, FSA
- Platforms
- BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist
- Minimum Deposit
- $0
- Minimum Trade
- 0.01 Lots
- Account Currencies
- USD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, SGD
Pros
- With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.
- BlackBulls’s research is superb, especially the daily ‘Trading Opportunities’ articles that break down complex market movements into easy-to-understand insights, making it simpler to capitalize on emerging trends.
- BlackBull is a much greater fit for aspiring traders following the overhaul of its ECN Prime account, now featuring improved spreads averaging 0.16 on EUR/USD and a more accessible minimum deposit of $0 compared to the old $2,000.
Cons
- Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.
- Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.
- Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.
*Leverage magnifies both profits and losses and can result in the loss of your entire investment. The leverage figures shown are the maximums levels available at each broker and may vary depending on the instrument and account.
Methodology
To find the best day trading platforms in Spain, we searched our database of 143 online brokers, removed any that don’t accept traders from Spain, and ranked them by their overall rating.
Our ratings combine the results of 100+ data points with the firsthand observations of our testers.
- We verified that each broker accepts Spanish day traders.
- We prioritized trusted brokers with credible licensing.
- We focused on brokers with competitive day trading fees.
- We checked each broker for a wide range of day trading markets.
- We confirmed that each broker offers powerful charting tools for technical analysis.
- We favored brokers with transparent leverage and margin requirements.
- We investigated each broker’s execution speed and quality.
How To Choose A Day Trading Broker In Spain
Our years of experience and countless hours testing day trading platforms have shown us that there are several important factors to consider when choosing a broker:
Choose A Trustworthy Broker
A trusted firm will have a long track record, a great reputation, and be licensed by a respected financial body. They’ll also provide safeguards to protect you from trading scams, which have targeted Spanish investors in recent years.
Euronews, for example, reported the arrest of 8 suspects who ran a pyramid scheme targeting young people. The organizers ran a fake trading academy, employing cult-like techniques on young victims to cut ties with their families and dedicate themselves to the academy.
This highlights the importance of day trading with platforms regulated by a reputable authority. In Spain, the Comisión Nacional del Mercado de Valores (CNMV) oversees online brokers, although other European-regulated brokers can onboard Spanish traders through the European Union’s passporting scheme.
Still, check the broker’s legal entity, home regulator and any applicable investor compensation scheme. Learn how EU broker passporting can affect how your capital is protected: EU broker passporting.
- IG is a highly trusted broker with 50+ years in the industry, a public listing on the London Stock Exchange (LSE) and licensing from multiple ‘green tier’ authorities, including the FCA (UK), FINMA (Switzerland) and CFTC (US).
Choose A Broker With Low Fees
Low trading fees will help you keep frequent transaction costs down and in turn, protect your profits.
Spreads and commissions are the most common day trading fees, but we also consider non-trading costs like funding or account maintenance charges.
It’s also worth weighing the costs with the overall quality of service provided. For example, we’ve found some of the best brokers provide specific insights into Spanish markets, like the IBEX 35 index, or tools that give you direct economic updates from the Banco de España, helping you identify short-term trading opportunities.
- Fusion Markets continues to offer terrific pricing on major assets like EUR/USD, with spreads from 0.0 pips and ultra-low commissions from $2.25 per side. I also love that you get free access to tailored tools, including an intuitive economic calendar where you can filter for events in Spain.
Choose A Broker With The Markets You Want To Trade
Trading a wide range of markets will allow you to spread your risk and explore different market opportunities.
For forex traders in Spain, we look for local assets like currency pairs involving the EUR. Equally, we may investigate Spanish indices and stocks listed on the Bolsa de Madrid, and the country’s chief export commodities like crude oil and copper.
- CMC Markets is a top pick for Spanish traders, with 12,000+ instruments on offer including all major EUR currency pairs, the IBEX 35 index, plus a range of local stocks such as Banco de Sabadell and Ferrovial.
Choose A Broker With Reliable Charting Platforms
A powerful charting platform is crucial for day traders developing their short-term strategies.
Common solutions include the renowned MetaTrader 4 and MetaTrader 5, but we also highly rate the modern alternatives that are becoming prevalent, namely cTrader and TradingView.
I love cTrader’s intuitive and feature-rich interface that makes research and technical analysis smooth.
As you can see in the example below, I was able to leverage the platform’s Autochartist integration to view real-time insights and chart patterns for the ES35 Index, directly from my workspace.
Jemma GristAuthor
- Vantage remains a top pick when it comes to charting tools, with terminals to suit all requirements including MT4, TradingView and a proprietary solution: ProTrader. Short-term traders also benefit from additional automated trading tools and research from Autochartist and DupliTrade.
Choose A Broker With Good Execution Quality
The best brokers deliver optimum conditions for fast-paced trading strategies like day trading.
Low latency and slippage will ensure that trades are executed at the requested time and price. We also investigate the speed at which trades are executed where possible – ideally looking for less than 100 milliseconds.
- FxPro maintains its position as one of the fastest brokers in the industry, delivering ultra-fast non-dealing desk execution of less than 12 milliseconds. Additionally, more than 84% of trades were executed at the requested price or better in 2023.
Choose A Broker With Transparent Leverage and Margin Requirements
A key component of day trading, leverage allows you to magnify your potential returns using only a small outlay, known as margin.
The best brokers are crystal clear about how much money you need to put down and maintain in your account to trade with leverage.
Let’s say I believe the IBEX 35 is going to increase because I anticipate better-than-expected GDP and unemployment figures are about to be released.
My broker offers me 1:10 leverage on the IBEX, meaning if I put down €100, my purchasing power would be €1000 (10 x €100).
If the IBEX does indeed increase, my profits will be multiplied by 10. That said, so too will my losses if it falls. As a result, a solid risk management strategy is crucial.
Jemma GristAuthor- Eightcap offers flexible leverage rates depending on the entity you trade with. The international branch, for instance, offers leverage up to 1:500, while the EU-regulated entity caps leverage at 1:30, making it a safer option for retail investors in Spain, especially beginners.
Choose A Broker With An Accessible Minimum Deposit
Based on our regular evaluations, most brokers require up to €250 to open a live account, though many day trading platforms let you start with much less.
We also favor brokers that support local payment methods which may offer cheaper and faster transactions. Findings from Pay.com reveal that PayPal is still the most popular digital wallet in Spain, though alternatives like Apple Pay and Google Pay are gaining ground.
FAQ
Who Regulates Day Trading Platforms In Spain?
The Comisión Nacional del Mercado de Valores (CNMV) is responsible for overseeing the financial markets in Spain, including day trading brokers.
That said, other European regulators, such as the CySEC and BaFin, are also permitted to accept Spanish traders through the EU’s passporting scheme. If you do choose to trade with an international broker, make sure you adhere to the CNMV’s regulations and tax rules in Spain.
Which Is The Best Broker That Accepts Day Traders From Spain?
Use our ranking of the best day trading brokers in Spain to find a suitable option.
IG, for example, is highly trusted and offers an excellent range of local markets, including Spanish ETFs and bonds, plus a EUR account.