Best Oil CFD (WTI & Brent) Forex Brokers in Spain

Last updated September 2, 2026

The top regulated brokers offering Oil CFD (WTI & Brent) 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
IC Markets
IC Markets
Review
#2
Tickmill
Tickmill
Review
#3
XM
XM
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 Oil CFD (WTI & Brent) in Spain

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

#1 · Best for Oil CFD (WTI & Brent) in Spain
IC Markets

IC Markets

Offers Oil CFD (WTI & Brent)
Min. deposit €200
  • Offers Oil CFD (WTI & Brent)
  • Regulated: CySEC, ASIC, SCB
  • Minimum deposit €200
CySEC, ASIC, SCB
#2 · Best alternative
Tickmill

Tickmill

Offers Oil CFD (WTI & Brent)
Min. deposit €100
  • Offers Oil CFD (WTI & Brent)
  • Regulated: CySEC, FCA, FSA
  • Minimum deposit €100
CySEC, FCA, FSA

Why these two

Both brokers here are confirmed to offer Oil CFD (WTI & Brent) 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 Oil CFD (WTI & Brent) brokers actually cost Spain traders?

Across the 6 Oil CFD (WTI & Brent) brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.3 pips, ranging from 0.0 to 1.0 pips, with 5 of those figures taken from the broker's own published specification.

Oil CFD (WTI & Brent) brokers for Spain traders

Oil CFD trading lets Spain traders speculate on WTI Crude and Brent Crude price movements without physical delivery contracts or futures roll costs. Our current ranking starts with IC Markets where it is available, followed by Tickmill, XM, and Pepperstone. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account. This guide ranks 6 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

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

6 brokers · how we rank

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

BrokerWithdrawalFX commissionTime to open accountUSDJPY spreadRegulation & fundingAction
0.0€20024-48 hours€3.50/lot1 day0.0
No tier-1 licence listed
0.1€1001 business day€2/lotSame day0.2
No tier-1 licence listed
0.6€524 hoursNoneMinutes0.7
No tier-1 licence listed
0.1€01-2 business days€2.25/lotSame day0.1
No tier-1 licence listed
0.5 pips (Standard)$51 business day$0 (Spread only on most products)
No tier-1 licence listed
From ~1.0 pips (confirm current terms)$50Confirm current terms directlyConfirm current terms directly
No tier-1 licence listed
Rank 01 · best overall
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 02
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 03
XM
Spread
0.6
Min dep.
€5
Withdrawal
24 hours
FX commission
None
Time to open account
Minutes
USDJPY spread
0.7
Visit XM Read review
Rank 04
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
Rank 05
Deriv
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
Visit Deriv Read review
Rank 06
TIO Markets
Spread
From ~1.0 pips (confirm current terms)
Min dep.
$50
Withdrawal
Confirm current terms directly
FX commission
Confirm current terms directly
Time to open account
USDJPY spread
Visit TIO Markets 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.

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.

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
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
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
Deriv logo
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
TIO Markets logo
Our Rating
4.5/5.0
Best ForBest for traders who have independently verified current terms and accept the trust concerns disclosed in our review.
Min Deposit$50

TIO Markets Review Summary

TIO Markets is a multi-regulated broker with MT4, MT5 access, From ~1.0 pips (confirm current terms) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • 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 Oil CFD (WTI & Brent) Forex Brokers in Spain

Frequently Asked Questions

The best oil CFD brokers for Spain traders offer WTI and Brent crude with spreads from 3 cents, flexible leverage, and reliable execution during volatile OPEC announcements and EIA inventory reports. All brokers on this page accept EUR deposits.
WTI (US Oil) is priced at Cushing, Oklahoma and is the US benchmark. Brent Crude is the global benchmark from the North Sea. Brent typically trades at a premium to WTI. Most brokers offer both with similar leverage and margin requirements.
Oil CFD leverage varies by regulator — up to 1:500 with offshore brokers, 1:10 under ESMA (EU), and 1:20 under ASIC (Australia). Spain traders should check their broker's leverage policy for energy commodities.
Most brokers offer oil CFD trading from Sunday 23:00 to Friday 22:00 GMT with a daily 1-hour maintenance break. Peak liquidity is during the US session (14:00-21:00 GMT) when NYMEX floor trading is active.
Major oil price drivers: OPEC+ production decisions, US EIA weekly inventory reports (Wednesday 14:30 GMT), geopolitical events in oil-producing regions, US dollar strength, global GDP forecasts, and seasonal demand patterns.
Yes — most brokers offer 0.01 lot (micro lot) oil CFDs, requiring margin as low as $5-10. This lets Spain traders start with small positions while learning how oil markets move before scaling up.
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. XM
  3. IC Markets
  4. Tickmill
  5. Deriv
  6. FCA

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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 — Oil CFD (WTI & Brent) brokers for Spain traders

Across the 6 Oil CFD (WTI & Brent) brokers available to Spain traders on this page, the median researched EUR/USD spread is 0.3 pips, ranging from 0.0 to 1.0 pips, with 5 of those figures taken from the broker's own published specification.

median researched EUR/USD spread
0.3 pips
Brokers measured
6
Linked to broker spec
5 of 6
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.