AvaTrade in Spain: Is it Available and Legit?
As of June 2026, AvaTrade is not available to clients in Spain. This likely indicates that the broker either lacks the necessary regulatory authorization based on our analysis or has explicitly excluded Spain from its service areas.
Top 5 AvaTrade alternatives in Spain
Unfortunately, AvaTrade is not authorized to operate in Spain according to our analysis. However, there are excellent alternative options available for residents of Spain. We selected them based on the following criteria:
- The broker accepts clients from Spain
- The broker holds at least one Tier-1 regulatory license.
- The broker has a high overall score according to our methodology.
- The broker offers competitive trading conditions.
| Vantage Markets | XM | FxPro | JustMarkets | Eightcap | ||
|---|---|---|---|---|---|---|
| TU Overall Score | 9 | 9.3 | 8.55 | 8.4 | 8.4 | |
| Regulation and safety Score | 10 | 10 | 10 | 9.7 | 10 | |
| Regulation | ASIC, FCA, FSCA, VFSC | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | FCA, CYSEC, FSCA, SCB, FSA (Seychelles) | CySEC, FSC (Mauritius), FSA, FSCA | ASIC, SCB, CySEC, FCA | |
| Minimum deposit | $50 | $5 | $100 | $10 | $100 | |
| Currency pairs | 40 | 57 | 70 | 70 | 40 | |
| Floating spread EUR/USD, min pips | 0.3 | 0.7 | 0.9 | 0.1 | 0.4 | |
| Floating spread EUR/USD, max pips | 1.4 | 1.2 | 1.7 | 0.5 | 1.5 | |
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Is Forex trading regulated in Spain? Is Forex taxable in Spain?
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Forex regulation in Spain
Spain’s financial regulator is the Securities and Exchange Commission (CNMV). This body ensures the issuance of licenses to brokers and monitors their compliance with regulations and legislation.
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Investor protection
The Law on the Securities Market (Ley del Mercado de Valores) is a law that establishes general rules for the regulation of trading securities, including Forex. Spain complies with the Markets in Financial Instruments Directive (MiFID) II, which ensures the regulation of brokers in the EU. In the event of the broker’s bankruptcy, traders can receive compensation from the European organization ESPIS - up to €20,000.
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Taxation
In Spain, you have to pay income tax on Forex. The tax rate is progressive. 23% tax must be paid if the annual income does not exceed EUR 30,000. The interest rate increases progressively to 52%, if the trader receives more than EUR 600,000 per year.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.