Best DAX 40 CFD Forex Brokers in Spain

Last updated July 30, 2026

The top regulated brokers offering DAX 40 CFD accounts to Spain traders — compared on spreads, fees, regulators, and minimum deposit.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Spain

#1
XM
XM
Review
#2
IC Markets
IC Markets
Review
#3
Tickmill
Tickmill
Review
Full Comparison
Personalized broker matching

Need a faster shortlist than reading every Spain page?

Use the guided matching flow to narrow your next broker by country, budget, and trading platform before you compare the full table.

Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Jul 2026

Our 2 top picks for DAX 40 CFD in Spain

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for DAX 40 CFD in Spain
XM

XM

Offers DAX 40 CFD
Min. deposit €5
  • Offers DAX 40 CFD
  • Regulated: CySEC, ASIC, FSC
  • Minimum deposit €5
CySEC, ASIC, FSC
#2 · Best alternative
IC Markets

IC Markets

Offers DAX 40 CFD
Min. deposit €200
  • Offers DAX 40 CFD
  • Regulated: CySEC, ASIC, SCB
  • Minimum deposit €200
CySEC, ASIC, SCB

Why these two

Both brokers here are confirmed to offer DAX 40 CFD for Spain traders — this list only includes brokers we've verified have this specific feature, not every broker that's generally popular in Spain.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What are the best DAX 40 CFD brokers in Spain in 2026?

The best DAX 40 (GER40) CFD brokers for Spain in 2026 offer spreads from 0.5 points during European hours, leverage up to 1:200, and reliable execution during ECB announcements.

DAX 40 CFD brokers for Spain traders

The DAX 40 (GER40/DE40) is Europe's most important stock market index, tracking the 40 largest companies on the Frankfurt Stock Exchange — including SAP, Siemens, Allianz, Deutsche Telekom, and BMW. Our current ranking starts with XM where it is available, followed by IC Markets, Tickmill, and Pepperstone. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Country Offers

Available offers for Spain traders

Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.

Browse All Promotions

IC Markets

ASIC (Australia)
Cashback / Rebate

Up to $2.50/Lot Rebate + 21% Comm Off

Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Verified Jun 15, 2026

XM

CySEC (Cyprus)
No-Deposit Bonus

$30 No-Deposit Bonus for New Clients

$30 no-deposit bonus for new clients. Profits withdrawable after meeting volume requirements.

Verified Jun 15, 2026

Tickmill

FCA (UK)
No-Deposit Bonus

$30 Welcome Account — No Deposit

$30 no-deposit bonus for new clients (60-day trading period). Trader of the Month: $1,000 prize.

Verified Jun 15, 2026
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Key Features for Spanish Traders

BrokerLink
XMNone€5Open
IC Markets€3.50/lot€200Open
Tickmill€2/lot€100Open
Pepperstone€2.25/lot€0Open
CMC MarketsNone€0Open
Admiral MarketsNone€100Open

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

XM logo
Our Rating
4.5/5.0
Best ForAccessible broker with low minimum deposit and broad market range.
Min Deposit€5

XM Review Summary

XM is a practical choice for traders in Spain who want an easy account opening process, low entry cost, and a broad CFD offering through established international regulation.

Pros
  • Regulation varies by entity
  • Minimum deposit: €5
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
IC Markets logo
Our Rating
4.5/5.0
Best ForRaw spreads and fast execution for active traders in Spain.
Min Deposit€200

IC Markets Review Summary

IC Markets stands out for traders in Spain who prioritize raw pricing, dependable execution, and support for MetaTrader and cTrader workflows.

Pros
  • Regulation varies by entity
  • Minimum deposit: €200
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Tickmill logo
Our Rating
4.5/5.0
Best ForLow commissions and clean trading conditions for EUR-based accounts.
Min Deposit€100

Tickmill Review Summary

Tickmill remains a strong value option for traders in Spain who want tight pricing, transparent commissions, and a straightforward EU-facing trading setup.

Pros
  • Regulation varies by entity
  • Minimum deposit: €100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Pepperstone logo
Our Rating
4.5/5.0
Best ForBest for advanced traders, automated trading & tradingview enthusiasts.
Min Deposit$0 (Recommended $200)

Pepperstone Review Summary

Pepperstone is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (Razor) | 1.0 pips (Standard) on EUR/USD, and $0 (Recommended $200) minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $0 (Recommended $200)
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Raw or ultra-low spread account available — compare account types before opening
CMC Markets logo
Our Rating
4.5/5.0
Best ForMost instruments available.
Min Deposit€0

CMC Markets Review Summary

CMC Markets offers the widest range of forex pairs (330+) and their Next Generation platform is considered one of the best in the industry for charting and analysis.

Pros
  • Regulation varies by entity
  • Minimum deposit: €0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
Admiral Markets logo
Our Rating
4.5/5.0
Best ForMetaTrader specialist with Spanish support.
Min Deposit€100

Admiral Markets Review Summary

Admiral Markets (Admirals) provides excellent MetaTrader customization with their Supreme Edition plugin. Popular in Spain for educational content and competitive conditions.

Pros
  • Regulation varies by entity
  • Minimum deposit: €100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening

Frequently Asked Questions About DAX 40 CFD Forex Brokers in Spain

Frequently Asked Questions

The best DAX 40 (GER40) CFD brokers for Spain traders offer spreads under 1 point during European hours, flexible leverage, and reliable execution during ECB events. All listed brokers accept EUR deposits.
The DAX is a total-return index — dividends are automatically reinvested in the calculation. This means the DAX appears to perform better on charts vs price-only indices (S&P 500, FTSE 100). It also has 40 components (expanded from 30 in 2021).
Key drivers: ECB interest rate decisions, German IFO Business Climate Index, ZEW Economic Sentiment, eurozone PMI data, automotive sector news, China trade data (major German export market), and broader EU political developments.
Peak liquidity during Frankfurt market hours (08:00-16:30 CET). Tightest spreads 09:00-15:00 CET. Key overlap with US markets (15:30-17:30 CET) adds volume. ECB announcements (13:45 CET) create the biggest intraday moves.
DAX: total-return, German manufacturing, 40 stocks. FTSE 100: UK blue-chips, commodity-heavy, price-only. CAC 40: French luxury/energy, price-only. The DAX is most popular for CFD traders due to tightest spreads and highest intraday volatility.
DAX CFD leverage: 1:5 under ESMA (EU), 1:20 under ASIC, up to 1:200 with offshore brokers. The DAX's moderate volatility makes it suitable for moderate leverage strategies.

Sources & References

  1. FCA
  2. CySEC
  3. ASIC
  4. BrokerAnalysis
  5. BrokerAnalysis
  6. BrokerAnalysis

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