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IC Markets
ASIC (Australia)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
Best EUR/USD Lowest Spread Forex Brokers in Spain
Last updated September 2, 2026
The top regulated brokers offering EUR/USD Lowest Spread 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
Written by
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
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
Our 2 top picks for EUR/USD Lowest Spread in Spain
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.
#1 · Best for EUR/USD Lowest Spread in Spain
Tickmill
Offers EUR/USD Lowest SpreadMin. deposit €100
- Offers EUR/USD Lowest Spread
- Regulated: CySEC, FCA, FSA
- Minimum deposit €100
CySEC, FCA, FSA
#2 · Best alternative
IC Markets
Offers EUR/USD Lowest SpreadMin. deposit €200
- Offers EUR/USD Lowest Spread
- Regulated: CySEC, ASIC, SCB
- Minimum deposit €200
CySEC, ASIC, SCB
Why these two
Both brokers here are confirmed to offer EUR/USD Lowest Spread 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 do EUR/USD Lowest Spread brokers actually cost Spain traders?
Across the 5 EUR/USD Lowest Spread brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.1 pips, ranging from 0.0 to 0.8 pips, with 5 of those figures taken from the broker's own published specification.
EUR/USD Lowest Spread brokers for Spain traders
EUR/USD is the world's most traded currency pair — accounting for roughly 24% of all daily forex volume. Our current ranking starts with Tickmill where it is available, followed by IC Markets, XM, and Pepperstone. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 5 brokers for Spain traders. Local oversight for Spain traders sits with CNMV. Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. Oversight relevant to traders in Spain sits with CNMV. Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you. If a locally regulated firm fails, Spain's investor compensation scheme covers up to €100,000 per investor — above the €20,000 EU minimum.
Country Offers
Browse All PromotionsAvailable 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.
Cashback / Rebate
XM
CySEC (Cyprus)$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)$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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Quick Rankings
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FIND MY BROKERKey Features for Spanish Traders
5 brokers · how we rank
Compare essential features of forex brokers accepting Spanish clients with EUR accounts.
| Broker | Withdrawal | FX commission | Time to open account | USDJPY spread | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
| 0.1 | €100 | 1 business day | €2/lot | Same day | 0.2 | No tier-1 licence listed | ||
| 0.0 | €200 | 24-48 hours | €3.50/lot | 1 day | 0.0 | No tier-1 licence listed | ||
| 0.6 | €5 | 24 hours | None | Minutes | 0.7 | No tier-1 licence listed | ||
| 0.1 | €0 | 1-2 business days | €2.25/lot | Same day | 0.1 | No tier-1 licence listed | ||
| 0.5 pips (Standard) | $5 | 1 business day | $0 (Spread only on most products) | — | — | No tier-1 licence listed |
Rank 01 · best overall
Spread
0.1
Min dep.
€100
Withdrawal
1 business day
FX commission
€2/lot
Time to open account
Same day
USDJPY spread
0.2
Rank 02
Spread
0.0
Min dep.
€200
Withdrawal
24-48 hours
FX commission
€3.50/lot
Time to open account
1 day
USDJPY spread
0.0
Rank 03
Spread
0.6
Min dep.
€5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
0.7
Rank 04
Spread
0.1
Min dep.
€0
Withdrawal
1-2 business days
FX commission
€2.25/lot
Time to open account
Same day
USDJPY spread
0.1
Rank 05
Spread
0.5 pips (Standard)
Min dep.
$5
Withdrawal
1 business day
FX commission
$0 (Spread only on most products)
Time to open account
—
USDJPY spread
—
We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
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.
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
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
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
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
Our Rating
4.5/5.0
Best ForBest for synthetic indices traders & digital options users.
Min Deposit$5
Deriv Review Summary
Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Regulation varies by entity
- Minimum deposit: $5
- Multiple platform options
Cons
- Trading conditions vary by country and account type
- Spreads listed at Competitive spread structure — compare account types before opening
Frequently Asked Questions About EUR/USD Lowest Spread Forex Brokers in Spain
Frequently Asked Questions
The lowest EUR/USD spreads for Spain traders are offered on Raw/ECN accounts — IC Markets, Pepperstone, and Tickmill consistently offer 0.0 pip raw spreads with commissions of $3-7 per round-trip lot. Total trading cost (spread + commission) is what matters.
On a Raw/ECN account: 0.0-0.2 pips raw spread + $3-7 commission per round-trip lot is excellent. On a Standard account: 0.8-1.2 pips is good. Anything above 1.5 pips on EUR/USD is expensive by 2026 standards.
EUR/USD liquidity changes with trading sessions. London/New York overlap (13:00-17:00 GMT) has deepest liquidity = tightest spreads. Asian session has less liquidity = wider spreads. Daily rollover (~22:00 GMT) has the widest spreads.
For traders doing 5+ lots/day, Raw/ECN accounts are cheaper. Example: Raw 0.1 pip + $3.50 commission = 0.45 pip total cost vs. Standard 1.2 pip total cost. The breakeven is roughly 2-3 lots per day.
Yes — brokers connected to more Tier-1 LPs (major banks: JP Morgan, Citi, UBS, Deutsche Bank) typically offer tighter spreads because they aggregate the best bid/ask across multiple providers. ECN/STP brokers tend to have better LP pools.
During London/New York overlap, 0.0 pips is achievable on most Raw/ECN accounts. However, this is instantaneous — it fluctuates. Average spreads of 0.1-0.2 pips during peak hours are realistic. Off-peak hours will be wider.
Forex trading in Spain: Forex and CFD trading access depends on broker permissions and local solicitation rules. Verify serving entity before deposit. The market is overseen by CNMV. Verify your own eligibility with the broker before funding an account — rules can change and we date-stamp this page when they do.
Sources & References
- Pepperstone — published spread specification— Pepperstone (2026)
- XM — published spread specification— XM (2026)
- IC Markets — published spread specification— IC Markets (2026)
- Tickmill — published spread specification— Tickmill (2026)
- Deriv — published spread specification— Deriv (2026)
- FCA Register— FCA (2026)
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Risk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
Affiliate Disclosure:
BrokerAnalysis may earn commissions from partners listed. This does not influence our rankings or analysis, which are based on our independent methodology. Read our Content Standards.
Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.
How we measured this — EUR/USD Lowest Spread brokers for Spain traders
Across the 5 EUR/USD Lowest Spread brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.1 pips, ranging from 0.0 to 0.8 pips, with 5 of those figures taken from the broker's own published specification.
- median researched EUR/USD spread
- 0.1 pips
- Brokers measured
- 5
- Linked to broker spec
- 5 of 5
- Data as of
- 2026-09-02
Figures compiled by BrokerAnalysis from each broker's own published specification where available, otherwise from our broker catalogue. Per-broker spreads, minimum deposits and regulators are listed in the comparison table on this page. Spreads are typical, not guaranteed, and change with market conditions.
Sources: pepperstone.com · xm.com · icmarkets.com · tickmill.com · www2.deriv.me
What changes locally
- Oversight relevant to traders in Spain sits with CNMV.
- Brokers licensed in the EU or UK cap retail leverage at 30:1 on major FX pairs under ESMA/FCA product-intervention rules, so the headline leverage a broker advertises offshore is not what a locally regulated entity will give you.
- If a locally regulated firm fails, Spain's investor compensation scheme covers up to €100,000 per investor — above the €20,000 EU minimum.