5 Best Online Brokers in Spain for 2025

That recommendation comes from our panel of trading experts, based on what we feel is most important: cost, security, and easy access to international markets.

We frequently test the best trading platforms & online brokers, and survey our Spanish users to gather their thoughts and feedback on each of the top trading apps in Spain.

Armed with that information we created a final ranking to answer the question: what are the best online brokers in Spain for Spanish users?

What is the best stock trading app in Spain?

These are the brokers that we rank as the overall best online trading platforms in Spain. 

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

Visit site

eToro review

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.

4.1

Bitpanda

Min. Deposit $25

Fees –

No. assets 3000+

Demo account No

Visit site

Bitpanda review

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong

4.1

DEGIRO

Min. Deposit n/a

Fees From €1

No. assets 2000000+

Demo account No

Visit site

DEGIRO review

Investing involves risk of loss

Top 5 online brokers in Spain, reviewed & compared

1. eToro. Best for beginners, copy-trading & demo-account

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4.5

Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN

Fees & Costs

Trading fees	Yes, on certain assets
Inactivity fees	Yes
Rollover/overnight fees	Yes, on CFDs
Withdrawal fees	Yes
Spreads	Yes, on certain assets
Conversion fees	Yes, for non-USD currencies

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Read review Visit eToro

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

2. Bitpanda: Best for fractional & small scale investing

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4

Ratings

$25

Min. deposit

…

Fees

3,000

No. assets

No

Demo account

Overview

We love Bitpanda because it’s an all-in-one investment platform. BitPanda offers 250+ assets, including hundreds of stocks and exchange traded funds. 

Bitpanda’s fractional shares option is one of its standout features, especially to new investors, or those with limited capital. With fractional shares, you can purchase small portions of expensive stocks allowing the flexibility to start investing with small amounts (€1 minimum) and gradually build your investment portfolio. 

Small-scale investing is just one of Bitpandas best features. It also offers a user-friendly interface that simplifies the investment process. Its transparent fee structure means you’ll be fully aware of any costs before making a trade. There’s also a wealth of educational resources making it an excellent choice for investors wanting to learn more. 

The fees: Bitpanda’s fees are easy to understand. All fees are included in the spread, so you won’t be charged a commission on your trades. A premium of 1.5% is included as part of the buy and sell price of each asset.

Highlights

No. of tradable assets	3000+
Min. Deposit	€25
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, Crypto, Commodities, ETFs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FMA, MiFID II, BaFin, VASP, PSD2, EMI

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	Yes
Withdrawal fees	Depending on method
Spreads	Yes
Conversion fees	Yes

Pros & Cons

300+ cryptocurrencies Wide range of other digital assets 10 fiat currencies accepted Low fees for Bitcoin buyers using credit or debit card in Europe Fully automated transactions happening in real time

Fees are not explicitly laid out Restricted European countries at present Limited customer support features

Read review Visit Bitpanda

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong

3. Degiro. Best for 0% commission on US commodity stocks

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4

Ratings

£-

Min. deposit

From €1 (+€1 handling fee)

Fees

2,000,000

No. assets

No

Demo account

Overview

We love Degiro because it offers a simple trading platform so that you can trade quickly and easily wherever you are. Degiro’s pricing model means you’ll maximize your returns by minimizing your trading costs. With some of the lowest fees, Degiro is one of the most cost-effective trading platforms around. 

Not only are Degiro’s fees low, but it also provides access to a wide range of investment opportunities across more than 50 international markets. You can’t directly invest in commodities on Degiro, but the platform makes it easy to indirectly invest by offering several commodity stocks and ETFs.  

Degiro’s platform is user-friendly and designed to cater to both novice and experienced investors, making it easy to manage investments and execute trades efficiently. The website also boasts a huge range of educational material, including an Investor’s Academy, to help you get started.

The fees: All stock trades come with a €1 handling fee. US stock trading has no other fees, UK stock trading costs $1.75, and European stock trading costs €3.90. The rest of the world costs €5. A core selection of ETFs are free to trade, other global ETFs cost €2 plus a €1 handling fee. Derivative trading costs €0.75. There are no inactivity, deposit, or withdrawal fees.

Highlights

No. of tradable assets	2,000,000 +
Min. Deposit	$0
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, Index prices, Commodities
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	BaFin

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Low trading fees No minimum deposit required Segregated client funds

No US customers No forex or cryptocurrencies offered for trading Limited educational resources

Read review Visit DEGIRO

Investing involves risk of loss

4. FP Markets. Best for low spread & 0-pip trading

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4

Ratings

$-

Min. deposit

…

Fees

–

No. assets

No

Demo account

Overview

We love FP Markets because it uses cutting-edge technology to ensure all stock trades are executed at lightning fast speed. It’s an award-winning broker and offers over 10,000 Australian and international share CFDs and stock CFDs across 4 continents. 

FP Markets has zero restrictions and allows all trading styles, including scalping and running expert advisors. Stock CFDs can be traded directly from its Metatrader 5 platform or via Iress, which gives direct market access to multiple global exchanges such as the Nasdaq, NYSE, and London stock exchange. 

The fees:  FP Market charges commission for all stock trades. For Australian stocks, its 0.05%, Hong Kong stocks, 0.20%, UK 0.10%, European 0.10%, and USA stocks are 2 cents per share. 

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Trade 10,000+ CFDs across multiple asset classes Highly regulated and reliable platform Copy and social trading features

Not available in the US, Japan & New Zealand IRESS platform is expensive

Read review Visit

CFDs are derivatives and can be risky; losses can exceed your initial payment and you must be able to meet all margin calls as soon as they are made. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

5. Pacific Union. Best for social trading & customer support

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4

Ratings

$-

Min. deposit

…

Fees

–

No. assets

No

Demo account

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

70+ forex pairs and 200+ financial assets available to trade Extremely low minimum trade sizes Multilingual support in 18+ languages

Minimum withdrawal of $100 Fewer assets than many competitors

Read review Visit

Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.

Which trading app in Spain has the best user reviews?

As part of our research process we gathered up reviews and feedback from Spanish users to help us finalise the rankings.

Below is a summary of the feedback and ratings for each platform.

Are stock brokers in Spain regulated?

Yes, online brokers have to be regulated in order to offer share dealing services.

Ideally, you want to find a broker that offers top-tier regulatory protection either through your local regulator, or through another internationally recognised institution. 

On top of that, many online brokers in Spain are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission). 

Here are the best online brokers in Spain and where they’re regulated across the world.

How much does it cost to use an online trading platform in Spain?

It is normally free to sign up to a stock trading platform in Spain.

The main cost comes in the form of trading fees, which depend on the platform and on what you want to trade. Some of the best stock trading apps in Spain offer completely free trading, while others charge a flat fee or commission per trade.

On average, this usually adds up to about 1-2% of your total trade value.

Here’s a comparison of the trading fees across our highest rated Spanish brokers.

Another way an online broker in Spain might charge you is via the spread.

The spread is the difference between the buy and sell price of an asset, and effectively serves as a commission the broker is charging you on top of the market price.

The smaller the spread, the better value you’re getting from your broker.

Here’s a comparison of the spreads across the top Spanish trading platforms.

On top of the trading fees and spreads, there may be other charges for using your online broker account.

These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.

Here’s a look at the types of fees different brokers in Spain charge, to give you a complete picture of the cost of trading with the top brokers in Spain.

How much money do I need to start trading?

Typically, the minimum deposit for each Spanish broker is the equivalent of $10.

If this is all you can manage: great, and you can get started with that.

But you probably want to start with a larger amount of money, or a plan to add more over time, otherwise it’s going to be difficult to grow your wealth in any significant way.

You should also consider the minimum trade size on each platform. This governs the smallest investment you can make, so if you plan to invest small amounts then it is a crucial number to think about.

Compare the minimum and maximum trade sizes for each top broker in Spain right here.

More about stock trading platforms in Spain

What products can I trade?

For most people, the key question is whether you can trade stocks from other countries, as well as Spain. The answer is yes, with some caveats.

In general though, you certainly can trade global stocks through a Spanish stock broker. And you often aren’t limited to stocks, there are other options as well – including things like ETFs, which are super simple to buy.

Stocks

• Spanish stocks. One investment option is to simply buy and sell stocks that are listed in Spain. Investing in the Spanish market is normally the most straightforward option for Spanish residents, as you can buy shares in any company that’s listed on a Spanish stock exchange.
• US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in Spain will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in Spain.
• International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in Spain offer global stocks, but it may be a limited selection. If you want to buy equities from outside Spain or the US, be sure to check those stocks are available through your online broker before you sign up.

ETFs

ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500.

Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of Spain’s top stock exchanges and indexes. 

Mutual funds

Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in.

Typically, a fund manager chooses a mixture of global stocks, local Spanish stocks, and ETFs that track global indices from across the world.

Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria.

Typically a mutual fund charges higher management fees every year because of the extra work involved. The best stock broker in Spain should allow you to invest in stocks from Spain, as well as ETFs and mutual funds.

Futures and options

Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price. They’re favoured by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.

Other assets

Most trading platforms in Spain offer a variety of assets alongside stocks, funds, and ETFs. With the best Spanish brokers you can create a diversified portfolio made up of leading global stocks, ETFs, cryptocurrencies, and dabble with trading currency pairs and commodities as well.

Compare the assets available with each of the top Spanish brokers below.

You should keep in mind, however, that to invest in other financial products from Spain, you may be better off using a different type of trading platform.

For example, for trading currency pairs you want one of the best forex brokers in Spain, for cryptocurrencies like Bitcoin, the best crypto exchanges in Spain. The best cfd brokers in Spain offer a range of financial assets, including many of the options above.

How to buy stocks in Spain

Every stock trading app in Spain is designed to help you invest with the minimum of fuss. 

Follow this six step guide to learn how to buy shares online in Spain for the first time.

How we chose the best online trading platform in Spain

Our reviewing panel is made up of industry experts, including our Director Michael Charalambous, Editor of News, Harsh Vardhan, Editor of Education, James Knight, and long-time trader and Platform Reviewer, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.

We work with many financial experts across the world, and we tap into their expertise to give us an insight into the particular trading environment of each country, and what’s important to users in Spain compared to everywhere else.

All that breaks down into a list of criteria that we use to form a final ranking.

Here are the key factors that played into our final ranking of the best stock brokers in Spain.

• Fees. We prioritised Spanish brokers that offer commission-free trading, charge low trading fees, don’t charge deposit or withdrawal fees, and don’t charge any hidden fees.
• Device availability. An online trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in Spain to work across mobile, tablet, and desktop. 
• Platform security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
• Free demo accounts. All the best stockbrokers in Spain should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
• Access to global markets. International stock brokers in Spain that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
• Trading and analysis tools. An online stock broker that offers analysis tools makes it easier to do all your research and trading in one place. Any online broker that offered this convenience scored well.
• Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in Spain should integrate with these services and those that did so received a higher ranking. 
• Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in Spain where the majority of Spanish customers had a positive experience.

Find out more about how we rate, rank, and review platforms.

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