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Regulated Forex Brokers in Spain

Forex brokers in Spain are regulated by the Comision Nacional del Mercado de Valores (CNMV), known in English as the National Securities Market Commission of Spain. In addition, all Spanish forex brokers are also overseen by the European Securities and Markets Authority (ESMA), just like forex brokers in all other EU countries.

Because of the ESMA’s influence, Spanish forex brokers are all required to offer negative balance protection, as well as capping leverage at 1:30 for their non-professional clients. Spanish forex traders looking for higher leverage should therefore instead consider signing up with a forex broker outside of the EU, for example in Switzerland, Australia, or New Zealand.

XTB Group XTB Group (2004) Leverage: up to 1:200 Deposit: from 250 USD Spreads:  low  low Location: UK Germany France Spain Poland Belize Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: MetaTrader 4 xStation Wire Transfer Credit Cards PayPal Skrill Sofort PaySafeCard SafetyPay GKFX GKFX (2010) Leverage: up to 1:30 Deposit: from 50 USD Spreads:  mid  mid Location: UK Germany Spain Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller Sofort MultiBank Group MultiBank Group (2005) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  low  low Location: Australia Austria Germany Spain British Virgin Islands Cayman Islands Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller
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