Broker availability
Partly — InstaForex accepts clients in Spain, with limits
Accounts are opened through InstaForex EU (CySEC license 266/15). Instant Trading Ltd (BVI — offshore entity) will not take clients here. EU clients must use InstaForex EU entity. Subject to ESMA leverage caps, bonus restrictions, and CySEC compliance requirements. The BVI entity does not accept EU residents.
Availability last verified: September 2026
Broker availability in 🇪🇸 Spain
147 / 341 brokers147 out of 341 brokers in our database accept clients from Spain (43% availability). See all available brokers →
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| Regulator | BVI FSC, CySEC | FCA, SEC | FCA, CySEC | SEC, MAS |
| Min. deposit | $1 | $0 | $100 | $0 |
| Spread from | 0 pips | 0.5 pips | 1 pips | 0.2 pips |
| Max leverage | 1000 | 1 | 500 | 4 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Min. deposit
$1
Spread from
0 pips
Max leverage
1000
BrokerRank score
3.59 / 5
Trading conditions in 🇪🇸 Spain
Regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA. Max forex leverage: 1:30. Permitted instruments: Forex, CFDs, Stocks, ETFs, Options. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
Comparing InstaForex with other brokers available to Spain traders.
Regulated by
BVI FSC, CySEC
Headquarters
Kaliningrad, Russia
Founded
2007
Min. deposit
$1
BrokerRank score
3.59 / 5
Markets
forex, commodities, indices
InstaForex accepts clients from Spain, but not without limits. Accounts are opened through InstaForex EU (CySEC license 266/15). Instant Trading Ltd (BVI — offshore entity) will not take clients here. EU clients must use InstaForex EU entity. Subject to ESMA leverage caps, bonus restrictions, and CySEC compliance requirements. The BVI entity does not accept EU residents.
The top-rated brokers available in Spain include Coinbase, ForTrade, Interactive Brokers. All are verified to accept clients from Spain and are regulated by reputable authorities.
Using a VPN to circumvent geo-restrictions violates InstaForex's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
Yes — forex trading is legal in Spain and regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA. The maximum permitted leverage for forex is 1:30. Only brokers licensed in Spain or operating under an approved passporting arrangement can legally serve retail clients.
Forex: up to 1:30. Stocks: up to 1:5. These limits are set by CNMV (Comisión Nacional del Mercado de Valores) + ESMA and apply to all licensed brokers serving Spain residents. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
Traders in Spain regulated by CNMV (Comisión Nacional del Mercado de Valores) + ESMA can access the following instruments: Forex, CFDs, Stocks, ETFs, Options. Spain applies ESMA leverage caps. CNMV has its own blacklist of unauthorised entities operating in Spain.
147 out of 341 brokers in the BrokerRank database accept clients from Spain. The top-rated options include Coinbase, ForTrade, Interactive Brokers. You can see the full list on our Spain brokers page.