Many traders in Spain use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Mobile Trading App in Spain for 2024, based on our assessments.
The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.
FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.
Vantage Markets is a broker that is a real catch for traders who prefer ECN trading.
IC Markets Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders.
The broker is suitable for traders with a basic trading experience, who are prepared to start trading on a real account right away.
Best Mobile Trading App in Spain for 2024
RoboForex | FBS | Vantage Markets | IC Markets | 4XC | |
---|---|---|---|---|---|
Trading platform |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
MT4, Mobile Trading, MT5 |
MT4, MT5, WebTrader, Mobile Apps |
MT4, cTrader, MT5, TradingView |
MT5, MT4, WebTrader |
Min deposit |
$10 |
$10 |
$50 |
$200 |
$50 |
Leverage |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
From 1:1 |
Trust management |
No |
No |
No |
No |
No |
Accrual of % on the balance |
No |
No |
No |
No |
No |
Spread |
From 0 points |
From 1 point |
From 0 points |
From 0 points |
From 0 points |
Level of margin call / stop out |
60% / 40% |
40% / 20% |
100% / 50% |
100% / 50% |
100% / 50% |
Execution of orders |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
Market Execution |
Market Execution |
No deposit bonus |
No |
No |
No |
No |
$50 |
Cent accounts |
Yes |
Yes |
No |
No |
No |
1
Best Mobile Apps in Spain - RoboForex
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
👍 Advantages of trading with RoboForex for traders in Spain:
•Availability of favorable trading conditions and a minimum deposit
•Unique investment program CopyFx
•Highest affiliate payments: up to 84% of the fee paid by the referral
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders in Spain:
•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime
•Lack of tools when trading on the R StocksTrader platform
2
Best Mobile Apps in Spain - FBS
FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.
👍 Advantages of trading with FBS for traders in Spain:
•negative balance protection;
•a large selection of trading instruments;
•the support service works 24/7.
👎 Disadvantages of FBS for traders in Spain:
•no cryptocurrency;
•auto copying is not available;
•no PAMM accounts;
•not suitable for short-term trading, such as scalping;
•the support service works in a limited number of languages;
•only two real accounts.
3
Best Mobile Apps in Spain - Vantage Markets
Vantage Markets is a multi-asset broker offering a vast array of 1,000+ trading instruments, including currency pairs, CFDs on stocks, indices, commodities, energy, and ETFs. Holding licenses from reputable regulators like the FCA and ASIC, Vantage Markets ensures a level of security and trust for its clients.
The broker provides a choice between spread-based and commission-based account types, with leverage up to 1:500 on Forex pairs. Its PRO ECN option particularly stands out with commission starting from $1.5 per lot, making it attractive for high-volume traders.
Alongside the popular MetaTrader 4/5 platforms, the broker offers proprietary trading platform ProTrader and a convenient Vantage App. Additionally, Vantage Markets integrates with TradingView, enabling direct trading from the popular charting platform.
👍 Advantages of trading with Vantage Markets for traders in Spain:
•A vast array of trading instruments like 1000+ currency pairs and contracts for difference (CFDs).
•The broker has licenses from four reputable regulators.
•Classic trading terminals and a proprietary mobile application.
•An extensive array of trading signals to choose from for traders, regardless of the type of trading account.
👎 Disadvantages of Vantage Markets for traders in Spain:
•Customers from most countries are forced to cooperate with a branch that has an offshore license.
•Limited training and a lack of information on Forex trading.
•Snail-paced withdrawal of funds with the requirement to comply with special conditions.
4
Best Mobile Apps in Spain - IC Markets
IC Markets stands out as a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more.
The broker provides ultra-fast execution with order speeds up to 40 milliseconds facilitated by its top-tier liquidity partners and processes over $29 billion in Forex trades daily. With a strong focus on active traders, it offers ECN accounts with raw spreads from 0 pips and leverage up to 1:500 (based on which regulator's rules apply to a trader's account). Copy trading is also well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.
IC Markets clients benefit from robust security and regulatory licenses from ASIC, CySEC, and others.
👍 Advantages of trading with IC Markets for traders in Spain:
•Availability of three licenses;
•Wide range of assets;
•Standard and ECN account types for trading on different platforms;
•Mobile apps for Android and iOS-based devices;
•Scalping, hedging, and algorithmic trading are allowed;
•Minimum delay when executing orders and ultra-fast market execution;
•Competitive trading fees;
•Wide choice of social trading and copy trading platforms;
•24/7 support via live chat;
•Demo accounts on MT4, MT5, and cTrader;
•Swap-free accounts are available for Muslim traders.
👎 Disadvantages of IC Markets for traders in Spain:
•Education materials available on the website are not very informative or diverse;
•Rebates are available outside Australia and the European Economic Area;
•Not all clients are equally protected since compensation for investment is subject to the trader's country of residence.
5
Best Mobile Apps in Spain - 4XC
4XC offers access to trading Forex, metals, indices, oil, forward contracts, and cryptocurrencies, over 80 trading instruments in total.
4XC provides competitive conditions such as leverage up to 1:500 and spreads starting from 0.0 pips. The broker supports multiple account types including Standard, Pro, and VIP, each tailored to meet different trading needs and strategies.
For passive investing, the broker provides PAMM accounts and social trading service. The Signal Centre at 4XC enhances trading with premium AI signals integrated via the easy-to-use Acuity Trading Tool plugin, which seamlessly integrates into MetaTrader 4/5 platforms. Also, the broker provides additional free trading signals on its website.
👍 Advantages of trading with 4XC for traders in Spain:
•Attractive trading conditions for beginners. Minimum deposit is USD 50 with leverage up to 1:500. This amount is enough to open a position on some assets within the rules of risk management;
•Relatively narrow spread: from 1 pips on the Standard ECN account;
•Good educational opportunities: structured courses for beginners, advanced traders and experts.
👎 Disadvantages of 4XC for traders in Spain:
•Withdrawal fee (except for the VIP account). Withdrawals are limited to one transaction per day;
•The FAQ section does not fully answer the questions of a potential trader.
Best Mobile Trading App in Spain 2024: Education for Investors
When choosing the trading app, it is important to consider educational tools offered by brokers.
RoboForex - Education for Investors
Investment Education Online
A large training section has been created on the RoboForex website. Each trader will receive the necessary information for successful trading — from the basics of the Forex market to analytics, reviews of trading strategies, advisors, and indicators.
The company's specialists recommend opening a demo (practice) account and educating yourself by obtaining and later applying theoretical knowledge in practice by actually trading on the demo account, thereby combining theory and practice. Thus, you will gain valuable experience and the necessary skills to work on a real account.
FBS - Education for Investors
Investment Education Online
The FBS website has an impressive training section where everyone can get the information they need to trade successfully on Forex and beyond. The broker provides a quick guide to Forex, tips for traders, and video tutorials. The company also conducts webinars. The section is divided into levels for beginners, elementary, intermediate, and advanced levels.
To practice the knowledge gained on the FBS website, the specialists of the brokerage company recommend opening a demo account. You can practice on it without risking real money. The next step is to open a cent account which will allow you to trade in the real market, but with lower risks than on a standard account.
To support traders, a separate analytical section with an economic calendar, a currency converter, and calculators have been created on the site.
Vantage Markets - Education for Investors
Investment Education Online
Vantage Markets broker training is very limited. This section is presented with training videos on working with trading terminals. There is a shortage of valuable information for half-baked traders.
Vantage Markets does not have cent (micro) accounts, so traders can only practice on a demo account.
IC Markets - Education for Investors
Investment Education Online
The Education section on the broker’s official website contains the basics of over-the-counter (OTC) trading on the Forex market. Forex glossary is available in the Help & Resources block. The Australian office also has podcasts with their infographic text decoding.
To virtually trade without risking real money, open a demo account on MT4, MT5, or cTrader.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Spain choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Mobile Trading App in Spain 2024.
RoboForex | FBS | Vantage Markets | IC Markets | 4XC | |
---|---|---|---|---|---|
Overall score |
8.61 |
8.28 |
7.32 |
8.4 |
6.08 |
Execution of orders |
8.95 |
9.5 |
8.2 |
9.45 |
4.41 |
Investment instruments |
8.2 |
6.96 |
9.19 |
8.77 |
5.51 |
Withdrawal speed |
9.71 |
9.57 |
8.2 |
9.43 |
8.47 |
Customer Support work |
9.17 |
7.58 |
6.64 |
7.19 |
6.12 |
Variety of instruments |
8.75 |
7.02 |
7.37 |
8.02 |
8.02 |
Trading platform |
6.86 |
9.03 |
4.31 |
7.51 |
3.95 |
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FAQ
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Does the functionality of apps differ from that of the web version?
It depends on the broker. A good quality mobile app replicates the functionality of the web version either fully or as much as possible.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.