Best Zero Spread Forex Brokers in Spain

Last updated September 2, 2026

The top regulated brokers offering Zero 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
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Spain

#1
Tickmill
Tickmill
Review
#2
IC Markets
IC Markets
Review
#3
Pepperstone
Pepperstone
Review
Full Comparison
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Last reviewed:
By:BrokerAnalysis Research Desk
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Sep 2026

Our 2 top picks for Zero Spread in Spain

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

#1 · Best for Zero Spread in Spain
Tickmill

Tickmill

Offers Zero Spread
Min. deposit €100
  • Offers Zero Spread
  • Regulated: CySEC, FCA, FSA
  • Minimum deposit €100
CySEC, FCA, FSA
#2 · Best alternative
IC Markets

IC Markets

Offers Zero Spread
Min. deposit €200
  • Offers Zero Spread
  • Regulated: CySEC, ASIC, SCB
  • Minimum deposit €200
CySEC, ASIC, SCB

Why these two

Both brokers here are confirmed to offer Zero 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 Zero Spread brokers actually cost Spain traders?

Across the 3 Zero Spread brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 0.1 pips, with 3 of those figures taken from the broker's own published specification.

Zero Spread brokers for Spain traders

Zero spread accounts from Spain brokers offer 0.0 pip spreads on select instruments — but always with a commission per trade. Our current ranking starts with Tickmill where it is available, followed by IC Markets and Pepperstone. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 3 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

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

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

Pepperstone

ASIC, FCA, CySEC
Cashback / Rebate

Active Trader Rebates + Free TradingView

Up to 20% cash rebates via Active Trader program. Free TradingView Essential plan included.

Verified Jun 15, 2026
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Key Features for Spanish Traders

3 brokers · how we rank

Compare essential features of forex brokers accepting Spanish clients with EUR accounts.

BrokerWithdrawalFX commissionTime to open accountUSDJPY spreadRegulation & fundingAction
0.1€1001 business day€2/lotSame day0.2
No tier-1 licence listed
0.0€20024-48 hours€3.50/lot1 day0.0
No tier-1 licence listed
0.1€01-2 business days€2.25/lotSame day0.1
No tier-1 licence listed
Rank 01 · best overall
Tickmill
Spread
0.1
Min dep.
€100
Withdrawal
1 business day
FX commission
€2/lot
Time to open account
Same day
USDJPY spread
0.2
Visit Tickmill Read review
Rank 02
IC Markets
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
Visit IC Markets Read review
Rank 03
Pepperstone
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
Visit Pepperstone Read review

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.

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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.

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
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
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

Frequently Asked Questions About Zero Spread Forex Brokers in Spain

Frequently Asked Questions

The best zero spread brokers for Spain traders offer 0.0 pip spreads on major pairs for the majority of trading hours, with competitive commissions and reliable EUR deposits. All brokers on this page were tested for actual zero-spread performance.
During peak liquidity hours, yes — the spread is literally 0.0 pips on major pairs. During off-peak hours or news events, it may widen to 0.1-0.5 pips. No broker maintains exactly 0.0 pips 100% of the time.
Commissions on zero spread accounts typically range from $3.50-10 per lot per side. Compare total cost (any residual spread + commission) against raw spread alternatives to determine the better deal.
They are comparable. Zero spread accounts offer slightly more cost predictability. Raw spread accounts may have lower total cost if their average spread + commission beats the zero spread account's commission. Calculate for your specific trading pattern.
Typically only major pairs (EUR/USD, GBP/USD, USD/JPY) achieve consistent 0.0 pips. Minor and exotic pairs will still have a spread even on zero spread accounts.
Yes — zero spread accounts are well-suited for scalping because of predictable entry costs. Most brokers offering zero spread accounts allow scalping and automated trading.
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

  1. Pepperstone
  2. IC Markets
  3. Tickmill
  4. FCA
  5. CySEC
  6. BrokerAnalysis

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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 — Zero Spread brokers for Spain traders

Across the 3 Zero Spread brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.0 pips, ranging from 0.0 to 0.1 pips, with 3 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0 pips
Brokers measured
3
Linked to broker spec
3 of 3
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 · icmarkets.com · tickmill.com

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.