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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
Intro and winners
- Interactive Brokers is the best international online brokers in Spain in 2023. - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
- DEGIRO - One of the lowest fees on the market. Regulated by top-tier authorities. Easy-to-use web and mobile platform.
- eToro - Free stock and ETF trading. Seamless account opening. Social trading.
- XTB - Commission-free stocks/ETFs for some. Free and fast deposit and withdrawal. Easy and fast account opening.
- Saxo Bank - Great trading platform. Outstanding research. Broad product portfolio.
- Capital.com - Low forex CFD fees. Great account opening experience. Excellent email and chat support.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- Plus500 - Easy-to-use platform. Great account opening. Quick and helpful customer support.
- TradeStation - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
- tastytrade - Low trading fees. Great educational materials. Good research tools.
Table of contents
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1. Intro and winners
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2. International online brokers' key info overview
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3. Trading fees
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4. Other fees at international online brokers
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5. Our assessment of best international online brokers for residents in Spain in 2023
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6. Interactive Brokers
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7. DEGIRO
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8. eToro
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9. XTB
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10. Saxo Bank
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11. Capital.com
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12. Alpaca Trading
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13. Plus500
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14. TradeStation
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15. tastytrade
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16. Didn't find the best broker for you?
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17. How did we select the best international online brokers in Spain in 2023?
Best international online brokers in Spain in 2023
International online brokers' key info overview
While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.
| Broker | Minimum deposit | Time to open account |
|---|---|---|
| Interactive Brokers | $0 $0 for non-margin client accounts, $2,000 for margin accounts. (A margin account is where you trade with borrowed money, also known as leverage.) | 1-3 days |
| DEGIRO | $0 No minimum account balance | 1 day |
| eToro | $10 For Israeli clients, the minimum first-time deposit is $10,000. For residents of Australia and the US, it is $50, while for residents of Russia, China, Hong Kong, Taiwan and Macau, it is $500. | 1 day |
| XTB | $0 No minimum deposit for individual accounts but £15,000 for corporate accounts. | 1 day |
| Saxo Bank | $2,000 The minimum account balance is £500 in the UK, while $2,000-10,000 in other countries and zero for Danish and Norwegian clients. | 1 day |
| Capital.com | $20 $20 minimum deposit for credit/debit cards and Apple Pay, and $250 minimum required for bank transfer | 1 day |
| Alpaca Trading | $0 $0 for retail account, $30,000 for business accounts | 1 day |
| Plus500 | $100 $100 for credit/debit cards and electronic wallets; $500 for bank transfers | 1 day |
| TradeStation | $0 $1 for cash accounts, $2,000 for margin accounts, and $5,000 for futures accounts | 1 day |
| tastytrade | $0 No minimum account balance | 1 day |
Popularity of the best online brokers in Spain
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Best international online brokers in Spain in 2023
Trading fees
In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.
| Broker | US stock | UK stock |
|---|---|---|
| Interactive Brokers | $1.0 Fixed pricing: $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. | $3.7 Fixed £3 for trade value less than £6,000, 0.05% of trade value for more than £6,000 |
| DEGIRO | $2.1 €2 per trade (€1 commission plus a €1 handling fee) | $3.4 £2.75 per trade (£1.75 commission plus a £1 handling fee) |
| eToro | $0.0 Free stock and ETF trading | $0.0 Free stock and ETF trading, except for clients from Australia, where a 0.09% spread cost per transaction applies |
| XTB | $0.0 Real stocks available only in a few EU countries. US stock fee: 0% up to monthly €100,000, and 0.2% with a minimum of €10 after | $0.0 Real stocks available only in a few EU countries. US stock fee: 0% up to monthly €100,000, and 0.2% with a minimum of €10 after |
| Saxo Bank | $10.0 $0.02/share; min $10, but with a VIP account the minimum can be as low as $3 | $9.9 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min |
| Capital.com | - Not available | - Not available |
| Alpaca Trading | $0.0 Commission-free stock trading | - Not available |
| Plus500 | - Available through Plus500 Invest account: $0.006 per share | - Available through Plus500 Invest account: 0.045% of trade value with min £2 |
| TradeStation | $0.0 Commission-free up to the first 10,000 shares per trade for US clients. $5 per trade for non-US clients | - Not available |
| tastytrade | $0.0 Free stock and ETF | - Not available |
Best international online brokers in Spain in 2023
Other fees at international online brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| Interactive Brokers | No account fee | No inactivity fee |
| DEGIRO | No account fee | No inactivity fee |
| eToro | No account fee | $10 per month after one year inactivity. Inactivity means that you don't log in to your account |
| XTB | No account fee | €10 per month after 1 year of trading inactivity and if no deposit was made in the last 90 days |
| Saxo Bank | No account fee | In the UK, £25 after one quarter of inactivity. SIPP and ISA accounts are exempt from this fee. In non-UK countries, up to $150 after 6 months of inactivity |
| Capital.com | No account fee | No inactivity fee |
| Alpaca Trading | No account fee | No inactivity fee |
| Plus500 | No account fee | $10 per month after 3 months of inactivity. Inactivity means that you don't log in to your account |
| TradeStation | No account fee | $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year |
| tastytrade | No account fee | No inactivity fee |
Best international online brokers in Spain in 2023
Our assessment of best international online brokers for residents in Spain in 2023
At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.
| Broker | Overall score | Fees score |
|---|---|---|
| Interactive Brokers | 4.9 | 4.4 |
| DEGIRO | 4.9 | 4.4 |
| eToro | 4.9 | 4.4 |
| XTB | 4.8 | 4.3 |
| Saxo Bank | 4.8 | 2.9 |
| Capital.com | 4.6 | 4.4 |
| Alpaca Trading | 4.7 | 4.9 |
| Plus500 | 4.7 | 4.0 |
| TradeStation | 4.7 | 4.1 |
| tastytrade | 4.7 | 4.3 |
If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.
And now, let's see the top international online brokers for 2023 for residents in Spain in detail one by one, starting with the winner, Interactive Brokers.
#1 Best international online broker in Spain in 2023
Interactive Brokers
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2023 |
#2 Best international online broker in Spain in 2023
DEGIRO
Recommended for traders and investors looking for execution only
| DEGIRO snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of DEGIRO services, check out our review for 2023 |
#3 Best international online broker in Spain in 2023
eToro
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
| eToro snapshot | |
|---|---|
| Minimum deposit | $10 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, Klarna, POLi, iDEAL |
| Withdrawal fee | $5 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of eToro services, check out our review for 2023 |
#4 Best international online broker in Spain in 2023
XTB
Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
| XTB snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, Paysafe, Skrill |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of XTB services, check out our review for 2023 |
#5 Best international online broker in Spain in 2023
Saxo Bank
Recommended for investors and traders looking for a great trading platform and solid research
| Saxo Bank snapshot | |
|---|---|
| Minimum deposit | $2,000 |
| Fees class | Average |
| Deposit method | Bank transfer, Credit/debit cards |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Saxo Bank services, check out our review for 2023 |
#6 Best international online broker in Spain in 2023
Capital.com
Recommended for investors and cfd traders looking for a great trading platform and excellent customer service
| Capital.com snapshot | |
|---|---|
| Minimum deposit | $20 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, Apple Pay, PayPal |
| Withdrawal method | Bank transfer, Credit/debit cards, Apple Pay, PayPal |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Capital.com services, check out our review for 2023 |
#7 Best international online broker in Spain in 2023
Alpaca Trading
Recommended for traders interested in algorithmic stock trading
| Alpaca Trading snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Alpaca Trading services, check out our review for 2023 |
#8 Best international online broker in Spain in 2023
Plus500
Recommended for experienced traders looking for an easy-to-use platform and a great user experience
| Plus500 snapshot | |
|---|---|
| Minimum deposit | $100 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Skrill |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Skrill |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Plus500 services, check out our review for 2023 |
#9 Best international online broker in Spain in 2023
TradeStation
Recommended for traders focusing on us markets and buy-and-hold investing
| TradeStation snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of TradeStation services, check out our review for 2023 |
#10 Best international online broker in Spain in 2023
tastytrade
Recommended for options and futures traders focusing on us markets
| tastytrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of tastytrade services, check out our review for 2023 |
Best international online brokers in Spain in 2023
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Best international online brokers in Spain in 2023
How did we select the best international online brokers in Spain in 2023?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fees, commissions),
- We checked and compared every aspect of their services,
- Opened an account and tested the platform (charting, features, usability) with real money.
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
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