Trading platforms in Spain are an important part of the cryptocurrency ecosystem. They allow people to buy coins, trade them on exchanges, and hold them in digital wallets. In this guide, we’ll walk you through some of the best trading platforms in Spain so that you can find one that meets your needs.
ICMarkets
ICMarkets is a broker that offers to trade in Forex, CFDs, and Binary Options. It is right Cyprus Securities and Exchange Commission (CySEC) regulates the company. Like most brokers in Spain, ICMarkets has its headquarters in the United Kingdom, but it also has a subsidiary office in Spain. This makes it one of the only brokers we recommend for Spanish citizens who wish to trade with an EU-regulated broker while still being able to trade with other EU members, such as Portugal or Italy.
Admiral Markets
Admiral Markets is a CFD broker with a focus on forex trading. The brokerage has been providing services to traders since 2001 and is currently regulated by the FCA and CySEC. In addition to offering forex, Admiral Markets also allows you to trade commodities and stocks, including:
- Commodities such as gold, silver, or oil
- Stocks (some of which include Apple Inc., Tesla Inc., and Facebook Inc.)
Pepperstone
Pepperstone is a global CFD broker that offers its services to retail and institutional investors. The company is headquartered in Sydney, Australia.
Its trading platform is available in English, French, German, and Spanish. The platform is accessed through a web browser or mobile device with an app available for iOS and Android devices.
AvaTrade
AvaTrade is an online broker that has been offering trading services since 2006. AvaTrade offers a wide range of trading instruments, including forex, CFDs, and stocks.
The AvaTrade platform is available in 11 languages and can be accessed on desktop and mobile devices. The broker also offers a comprehensive educational section for new traders and a dedicated customer support team 24/5 via live chat or email.
Libertex
Libertex is a regulated forex broker. It offers a wide range of trading instruments and is regulated by the Financial Conduct Authority (FCA).
Libertex is also a member of the Financial Services Compensation Scheme (FSCS), which means that any funds you deposit with Libertex are protected up to £50,000
Plus500
Plus500 is a CFD broker that offers its services to traders in Spain. Plus500 is regulated by the Financial Conduct Authority (FCA) and CySEC. It has been around since 2006, so you can be sure that this broker has a solid reputation for delivering quality service.
Plus500 offers an online platform and mobile trading app for its customers to use for their trading activities. The web-based platform is easy to navigate if you are familiar with stock exchanges and other financial services websites. Still, most likely, you will want to stick with the mobile app if you are looking at trading on your smartphone or tablet device, as it offers better usability over the web version of their website.
Plus500 offers a free demo account where new traders can test their strategies before risking real money trades. This is always a valuable feature because it allows novice investors time to learn about investing before actually putting any money into play, preventing them from making costly mistakes later when they have more experience under their belts!
XTB
XTB is a regulated broker that offers access to the global financial markets. It has a wide range of products and services, including stocks and forex trading, CFDs, futures and options, and ETFs (Exchange Traded Funds). XTB also offers tools such as mobile trading apps for iOS or Android devices, web-based platforms with advanced charting capabilities, and education programs to help you learn how to trade successfully on your own.
The brokerage firm has been around since 2000 but only recently entered Spain through a partnership with BrokerWay24. The company is known for having low trading costs (less than 3 euros per lot – 0.01% commission), which makes it competitive with other brokers in Spain. It also has no minimum deposit requirements, so you can start small until you feel comfortable moving up from there.
Takeaway
The market is a dynamic environment, and it cannot be easy to keep up with. With that said, we’re here to help you make sense of it all. We want you to feel self-confident about your decisions so that when it comes down to making the right choice for your trading platform, there are no doubts in your mind. As always, remember that the best thing you can do is research what’s available before committing yourself fully to any one option.
Simona LeVey did her degree in psychology at Tel Aviv University. She is interested in mental health, wellness, and lifestyle.
