Brokerpoint Spanish stocks trading availability

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Can I buy Spanish stocks at Brokerpoint as of December 2024?

Curious if you can invest in the Spanish stock market through Brokerpoint? We’ve got the answer for you.

Great news: you can trade Spanish stocks at Brokerpoint. So if you're aiming to diversify your portfolio with some Spanish flair, you're in the right place.

Buying Spanish stocks is a good way to diversify your portfolio (AI-generated image)

All you need to know about trading Spanish stocks at Brokerpoint

Tamás Gyuriczki

Investments • Stock Market • Market Analysis

Together with my brokerage analyst colleagues, I thoroughly tested the services of Brokerpoint by opening a real-money account and executing actual trades on its platforms. Here’s what you need to know about trading Spanish stocks at Brokerpoint:

Brokerpoint is among the few global brokers where you can trade stocks on the Bolsas y Mercados Españoles (BME).
Trading in Spanish stocks is rarely free, so expect to pay a fee.
Check out the best brokers for Spanish stocks to see your top available options.

Before we begin, let's see if Brokerpoint is available in your country:

No, you can't open an account at Brokerpoint if you live in the United States!

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Brokerpoint

3.7/5

Minimum deposit

Stock fee

Low

FX fee

Low

Inactivity fee

yes

Account opening

>3 days

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Want to unlock your perfect broker match?

Brokerpoint is one of the select brokers where you can trade Spanish stocks

Let’s say you are an adventurous investor, sipping your morning coffee while scanning global markets. You’re tired of the same old US and European stocks and want to diversify your portfolio to include companies from less major markets. So you start to wonder, “Where can I trade Spanish stocks, which brokers offer this?”

Well, open up a good bottle of sangria, because Brokerpoint is among the small number of global brokers where you can trade Spanish stocks. If you want to diversify your investments by investing in this European stock market, Brokerpoint is a good choice.

Bolsas y Mercados Españoles (BME) is the main stock exchange group in Spain, with its primary exchange located in Madrid. It offers trading in equities, bonds, and derivatives. The IBEX 35 is the main index, covering 35 of the most liquid stocks. Approximately 130 companies are listed.

Trading Spanish stocks usually carries a fee

While you might be able to trade stocks commission-free at many brokers for major markets like the US and Europe, this isn't always the case for all stock markets. If you're interested in stocks from a developed market within the EU, like Spain, you may still find some brokers that offer commission-free trades, but don't take it for granted. It is more likely that you might have to pay a little bit extra. It's kind of like when you go to a specialty store for a unique beer – the rare stuff usually costs more.

Now let’s check out exactly what fees you will face when trading Spanish stocks at Brokerpoint:

Spanish stock trading fees at Brokerpoint: 0.1%, min €2.29.

Alright, let's take a closer look at what Brokerpoint has to offer overall. Here’s a handy table that breaks down all the essential details:

Brokerpoint main highlights
💰 Brokerpoint stock fee class	Low
📃 Brokerpoint number of available stock markets	90
💰 Brokerpoint minimum deposit	$0
💰 Brokerpoint inactivity fee	Yes
📃 Brokerpoint deposit methods	Bank transfer
🗺️ Country of regulation	Ireland
🎮 Brokerpoint demo account provided	No

Data updated on December 18, 2024

Browse the best competitors for trading Spanish stocks

Not fully satisfied with Brokerpoint overall? Wondering if there is another broker that also offers Spanish stocks, but with better overall service and conditions?

Head over to our toplist of the best brokers for trading Spanish stocks to explore Brokerpoint’s top competitors for diversifying your portfolio with stocks from Spain. Browse through our curated selection of top-notch brokerages to see if you can go one better than Brokerpoint!

FAQ

What is the largest stock exchange in Spain?

The largest stock exchange in Spain is the Bolsas y Mercados Españoles (BME), where about 130 companies are listed.

Can I invest in the Spanish stock market?

There are no limitations in general to invest in Spanish stocks. All you have to do is find a broker that makes this market available for you.

What are the fees for trading Spanish stocks?

The exact fee varies by broker. Although you may find some brokers that offer Spanish stocks commission-free, in general you should expect to pay some type of commission. Usually, brokers will set a percentage fee of the trade value, and also charge a minimum fee. For example, 0.1% of trade value, with a minimum of €5.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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