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Eightcap in Spain: Is it Available and Legit?

Andrey Mastykin
Written by:
Andrey Mastykin
Dan Blystone
Reviewed by:
Dan Blystone
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
June 05, 2026
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Eightcap isn't available in US
Eightcap REVIEW

As of June 2026, Eightcap is available to traders and investors in Spain. This accessibility confirms the broker's authorization to operate within Spain and its compliance with the necessary regulatory requirements.

Essential details of Eightcap services in Spain

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

Eightcap is accessible to traders and investors in Spain. Key highlights include:

  • Spain residents can open an account with Eightcap
  • Eightcap has earned an overall rating of 8.4/10 points according to our methodology.
  • Eightcap received 10/10 points for regulation and safety.
  • For more detailed information, see our comprehensive Eightcap review.

Is Eightcap a regulated broker? Is it safe?

Eightcap is a regulated Forex broker operating under the supervision of the following regulatory authorities:

Eightcap regulation review
ASIC ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.
Full Name Australian Securities and Investments Commission Country Australia Protection Fund No specific fund but has stringent consumer protection Regulation level Tier-1
CySec CySec CySec regulates investment firms, brokers, and their transactions in securities and derivatives on the Cyprus Stock Exchange. It imposes strict operational conditions, regular audits, and financial compliance.
Full Name Cyprus Securities and Exchange Commission Country Cyprus Protection Fund Up to €20,000 Regulation level Tier-1
FCA UK FCA UK The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.
Full Name Financial Conduct Authority Country United Kingdom Protection Fund Up to £85,000 Regulation level Tier-1
SCB SCB The SCB regulates securities and capital markets in The Bahamas, focusing on transparency, accountability, and protection of the investing public.
Full Name Securities Commission of The Bahamas Country Bahamas Protection Fund No specific fund Regulation level Tier-2

Is Eightcap safe to use in Spain?

A broker’s security is largely defined by its regulatory status. Eightcap is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, Eightcap received a Regulation and safety score of 10/10, placing it among the most secure brokers.

Is Forex trading allowed in Spain? Is Forex taxable in Spain?

  • 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.

  • 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.

  • 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.

Eightcap vs other regulated brokers in Spain

To provide a clear understanding of available options for traders in Spain, Traders Union compared Eightcap trading conditions with those of other regulated brokers accepting clients in the region.

Regulation ASIC, SCB, CySEC, FCA ASIC, FCA, FSCA, VFSC CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya)
Minimum deposit $100 $50 $5
Currency pairs 40 40 57
Floating spread EUR/USD, min pips 0.4 0.3 0.7
Floating spread EUR/USD, max pips 1.5 1.4 1.2
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Why trust us

Independent analysis, real experts, and transparent methodology

  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

why trust us why trust us why trust us why trust us why trust us why trust us

Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • In my experience, a hallmark of a reliable broker is the ease with which you can verify its operations in your country. Many top-tier brokers provide detailed FAQs or interactive maps on their websites, clearly outlining the regions they serve. If this information isn’t readily available, contact their customer support directly. A reputable broker will have knowledgeable support staff who can clarify its regulatory status and geographic reach.

Editors' Top Picks and Insights

All news

Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

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.

Learn about our editorial policies
Dan Blystone
Dan Blystone
Senior English Editor

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
Chinmay Soni
Head of Fact-Checking Department

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.

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