FxPro in Spain: Is it Available and Legit?
As of June 2026, FxPro 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 FxPro services in Spain
FxPro is accessible to traders and investors in Spain. Key highlights include:
- Spain residents can open an account with FxPro
- FxPro has earned an overall rating of 8.55/10 points according to our methodology.
- FxPro received 10/10 points for regulation and safety.
- For more detailed information, see our comprehensive FxPro review.
Is FxPro a regulated broker? Is it safe?
FxPro is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
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Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
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Full Name Financial Services Authority of Seychelles | Country Seychelles | Protection Fund No specific fund | Regulation level Tier-3 |
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Full Name Financial Sector Conduct Authority of South Africa | Country South Africa | Protection Fund No specific fund | Regulation level Tier-2 |
|
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Full Name Securities Commission of The Bahamas | Country Bahamas | Protection Fund No specific fund | Regulation level Tier-2 |
Is FxPro safe to use in Spain?
A broker’s security is largely defined by its regulatory status. FxPro 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, FxPro 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?
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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.
FxPro vs other regulated brokers in Spain
To provide a clear understanding of available options for traders in Spain, Traders Union compared FxPro trading conditions with those of other regulated brokers accepting clients in the region.
| FxPro | Vantage Markets | XM | ||
|---|---|---|---|---|
| Regulation | FCA, CYSEC, FSCA, SCB, FSA (Seychelles) | 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 | 70 | 40 | 57 | |
| Floating spread EUR/USD, min pips | 0.9 | 0.3 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.7 | 1.4 | 1.2 | |
| Go to broker |
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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.