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5 Best Spain Stock Brokers (June 2024)

Updated on is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

Investors in Spain are fortunate, as the country boasts a vibrant financial sector full of opportunities.  Before one can capitalize on these, a reputable stock broker must be chosen to offer safe and easy access to capital markets.

Here, we look at 5 of the top stock brokers servicing Spain at the time of writing.  Before investing, ensure each remains authorized to do so by the Comisión Nacional del Mercado de Valores (CNMV).

Considerations Before Trading in Spain

Whether you're new to the industry or an experienced trader looking for new opportunities, it's crucial to consider several key factors before choosing a broker. These include evaluating fees and commissions, the broker's features and trading platform, and ensuring it matches your trading style.

  • Regulatory Compliance and Security: Ensure the broker is not restricted by the Comisión Nacional del Mercado de Valores (CNMV) or another reputable regulatory authority from operating within the country.  Additionally, check the security measures the broker has in place to protect your investments and personal information from unauthorized access or cyber threats.
  • Trading Platforms and Tools: The quality and user-friendliness of a broker's trading platform are crucial for a smooth trading experience.  Look for platforms that offer real-time market data, advanced charting tools, and seamless execution.  Many brokers also provide mobile trading apps, allowing you to manage your investments on the go.  Consider if the broker offers demo accounts to test their platforms and tools before committing funds.
  • Fees, Costs, and Account Features: Understand the fee structure, including any commissions on trades, account maintenance fees, and costs associated with depositing or withdrawing funds.  It's also essential to compare the minimum deposit requirements, leverage options, and various account types available.  Some brokers offer added benefits such as educational resources, market analysis, and customer support services that can be valuable, especially for novice investors.

Warning: Regardless of broker choice or capital deployment, investing always brings a level of risk that must be understood and considered.

1. eToro

eToro™ - Become a better investor with the eToro Academy

eToro stands out as a dynamic trading and investing platform that currently services Spain.  It was founded in 2007 with a mission to make trading accessible to everyone, everywhere.  The platform empowers its users with a variety of tools and an expansive selection of financial instruments, fostering a robust community of traders and investors.

eToro offers 0% commission trading on real stocks and enables clients to trade major Forex pairs starting from as low as 1 pip.  With access to over 5,000 instruments, including stocks, currencies, ETFs, indices, commodities, and cryptocurrencies, eToro provides ample opportunities for diversification.  Notably, eToro supports trading in 100 cryptocurrencies, making it a significant player in the digital assets space.

The platform is particularly well-known for its social trading features, which allow users to connect with a 30 million-strong global community.  This network enables traders to share strategies, copy trades, and discuss market trends, thereby democratizing financial information and trading strategies.

Moreover, eToro enhances the trading experience with user-friendly tools such as Stop Loss, Price Alerts, and the ability to go short without leverage.  Its commitment to risk management is evident with features like Zero Balance Protection, ensuring that users do not lose more than their account balance.

For beginners, eToro offers a risk-free start with a $100,000 virtual portfolio, allowing new traders to practice without risk.  Overall, eToro is known for its comprehensive platform that combines innovative trading technology with a community-focused approach, making it a top choice for traders looking to expand their investing capabilities in a collaborative environment.

  • Comprehensive Trading Platform: eToro offers a vast array of trading options including stocks, Forex, cryptocurrencies, ETFs, indices, and commodities, with over 5,000 instruments available.
  • Social Trading Leader: Features a strong community aspect with social trading opportunities, allowing users to share strategies and copy trades from a global network of 30 million members.
  • Zero Commission Stocks: Provides 0% commission trading on real stocks, enhancing affordability for traders looking to invest in shares.
  • Advanced Trading Tools: Equipped with practical tools like Stop Loss, Price Alerts, and capabilities for short selling without leverage, along with Zero Balance Protection to safeguard users.
  • Risk-Free Practice Account: New traders can start with a $100,000 virtual portfolio, offering a safe environment to learn and practice trading strategies.

Visit eToro →

Warning: eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Residents of Brazil, China, Japan, Korea, Portugal, Turkey, Ukraine, & Russia are prohibited.

2. Saxo Bank

Saxo Bank, a globally recognized online trading and investment platform, offers Spanish investors a gateway to international financial markets.  Known for its wide range of multi-asset offerings, Saxo Bank combines advanced trading technology with comprehensive market access to traders of all experience levels.

Notably, Saxo Bank is acclaimed for its sophisticated trading platforms: SaxoTraderGO and SaxoTraderPRO.  These provide investors with intuitive, user-friendly interfaces that boast many powerful trading tools.  Importantly, these platforms are designed to facilitate seamless trading across devices, ensuring investors can manage their portfolios from anywhere at any time.

If you are interested in using a platform that boasts access to a deep pool of financial products, look no further than Saxo Bank. It offers stocks, bonds, Forex, commodities, options, futures, and more. This variety allows investors to diversify their investment strategies across different asset classes and global markets, enhancing the potential for balanced risk management and returns.

A key strength of Saxo Bank is its provision of in-depth market analysis and insights.  The platform offers detailed research reports, market commentary, and real-time data to help investors make informed decisions.  This resource is invaluable for understanding global economic trends and adjusting trading strategies accordingly.

Saxo Bank is also known for providing robust customer support.  With dedicated assistance in multiple languages, investors can receive help and guidance whenever needed, ensuring a smooth and supportive trading experience.

Saxo Bank offers a powerful combination of technological innovation, extensive market access, and educational support for investors in Spain looking to expand their trading horizons. Its commitment to providing a comprehensive trading environment makes it a prime choice for those seeking to engage effectively with global financial markets.

Visit Saxo Bank →

3. Interactive Brokers

Move into the future with IBKR

Interactive Brokers offers Spanish investors an expansive gateway to various global financial markets.  Renowned for its comprehensive trading options, the platform caters to novice and experienced investors/traders, presenting an extensive portfolio that includes stocks, ETFs, bonds, options, futures, forex, and cryptocurrencies.

Traders in Spain looking to diversify their investment strategies will find Interactive Brokers an invaluable partner, thanks to its access to over 150 markets worldwide.  This includes premier financial centers such as New York, London, Tokyo, and Hong Kong, allowing traders to capitalize on global opportunities, day or night.

Interactive Brokers is known for boasting impressive liquidity across a cost-effective trading environment.  This is particularly advantageous for Spanish investors seeking efficient, low-cost trading options.  The platform's cutting-edge trading technologies and tools offer advanced charting capabilities, real-time market data, and comprehensive analytical resources to support informed trading decisions.

For those interested in stock trading, Interactive Brokers has the ability to invest in an extensive selection of over 40,000 stocks.  This includes the benefit of participating in U.S. extended-hours trading, giving traders the flexibility to respond to market changes outside of standard trading hours.

Moreover, the platform's wide range of ETFs, exceeding 8,300, enables investors to swiftly and economically diversify their portfolios.  By investing in ETFs that track various indices and sectors, Spanish traders can easily spread their investments across different market segments, enhancing their portfolio's potential for growth while managing risk.

Based in the United States and adhering to the strict regulations of NYSE, FINRA, and SIPC, Interactive Brokers assures a high degree of investor protection and credibility.  This regulatory framework establishes a secure and reliable trading environment, making Interactive Brokers a trusted choice for investors in Spain navigating the global financial markets.

Visit Interactive Brokers →

4. Trading 212

How to pick stocks?

Trading 212 Markets Ltd. stands out as a comprehensive investment platform that caters to the diverse needs of Spanish investors. It offers access to global financial markets with zero-commission trading and particularly appeals to those new to investing. It provides a user-friendly interface and a variety of investment options.

Trading 212 is known for its clean, intuitive design, simplifying navigating financial market complexities for traders of all experience levels.  The platform offers trading in various assets, including stocks, Forex, commodities, and more, allowing investors to diversify their portfolios effectively.

Trading 212 users can engage in both CFD trading and traditional stock trading, providing flexibility depending on individual risk preferences and investment strategies. The platform also features options for investing in cryptocurrencies and ETFs, broadening the scope of investment opportunities.

Like others on this list, Trading 212 invests heavily in investor education.  Its site features an extensive array of educational videos, articles, and tutorials that are also accessible directly through the app. These resources are designed to help investors understand market dynamics and develop more effective trading strategies.

The platform provides real-time market data and analysis tools essential for making informed trading decisions.  These include advanced charting tools and economic calendars, helping investors stay on top of market trends and news events that could impact their investments.

The platform offers dedicated customer support, providing timely assistance to ensure a seamless trading experience.  Support is available through multiple channels, including live chat and email, to address any issues or questions that may arise.

For Spanish investors looking for a versatile and accessible platform to start trading on global markets, Trading 212 offers a robust solution.  With its commitment to zero-commission trading, comprehensive educational resources, and robust regulatory framework, Trading 212 is well-suited to both novice investors and experienced traders looking to expand their investment portfolios.

Visit Trading 212 →

5. xtb

XTB Investment plans - invest your savings in a smarter way

XTB is a prominent online trading platform that provides Spanish investors with the tools and opportunities to engage in global financial markets. XTB maintains a strong focus on Forex and CFD trading and offers comprehensive access to stocks, commodities, ETFs, and cryptocurrencies, resulting in the platform's ability to cater to various investment interests.

XTB is renowned for its user-friendly trading platform, xStation 5, which combines ease of use with powerful trading capabilities.  This platform has advanced charting tools, real-time performance statistics, and an economic calendar that helps traders make informed decisions quickly and efficiently.

Investors using XTB can enjoy a diverse portfolio by trading in various asset classes.  The platform specializes in Forex, offering a wide range of currency pairs, but also provides robust options for trading in stocks, commodities like gold and oil, and a selection of the major cryptocurrencies.

XTB provides its users with comprehensive analysis tools that include market commentary and expert insights. This feature particularly benefits those looking to deepen their market understanding and stay ahead of potential price movements.

XTB's customer support is noted for its responsiveness and availability. Support is accessible via phone, email, and live chat, providing traders with assistance whenever needed to ensure a seamless trading experience.

XTB presents a robust platform that combines diverse trading options with excellent educational resources and top-tier regulatory oversight for investors in Spain, aiming to explore international financial markets. It's an ideal choice for diversifying their trading strategies and growing their investment portfolios.

Visit XTB →


This list presents some of the best New Zealand stock brokers, offering detailed insights into their services, fees, platforms, and customer support.  Each broker has been evaluated based on their trading platforms, ease of use, market access (including local and international stocks), trading fees, customer service quality, and educational resources.

If after reading this you have found a stock broker of interest to you, consider the FMA's recommendation to adhere to what it calls ‘the 5 D's of DIY investing'.

  • Do you due diligence
  • Don't freak out if markets go down
  • In Doubt? Talk to a financial adviser
  • Diversify
  • Drip feed your investments (aka dollar cost averaging)

Whether you're looking for low-cost trading, comprehensive research tools, robust trading platforms, or excellent customer service, hopefully this guide helps you to find the broker that best fits you trading needs and financial goals.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.