Can I buy Spanish stocks at eToro as of December 2024?
Curious if you can invest in the Spanish stock market through eToro? We’ve got the answer for you.
Great news: you can trade Spanish stocks at eToro. So if you're aiming to diversify your portfolio with some Spanish flair, you're in the right place.
Together with my brokerage analyst colleagues, I thoroughly tested the services of eToro 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 eToro:
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eToro is among the few global brokers where you can trade stocks on the Bolsas y Mercados Españoles (BME).
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Trading in Spanish stocks is rarely free, so expect to pay a fee.
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Check out the best brokers for Spanish stocks to see your top available options.
Before we begin, let's see if eToro is available in your country:
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eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal
eToro 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 eToro 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, eToro 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 eToro:
Spanish stock trading fees at eToro: Free stock and ETF trading, except for clients in Australia, Denmark, Finland, the Netherlands, Norway, Spain, and Sweden, where a $1-2 commission per trade applies for stocks.
Alright, let's take a closer look at what eToro has to offer overall. Here’s a handy table that breaks down all the essential details:
💰 eToro stock fee class | Low |
📃 eToro number of available stock markets | 20 |
💰 eToro minimum deposit | $10 |
💰 eToro inactivity fee | Yes |
📃 eToro deposit methods | Bank transfer, Credit/debit cards, eToro Money, Neteller, Skrill, Trustly, iDEAL, Przelewy 24, RapidTransfer, Klarna, Giropay |
🗺️ Country of regulation | UK, USA, Cyprus, Australia, Seychelles |
🎮 eToro demo account provided | Yes |
Data updated on December 11, 2024
Browse the best competitors for trading Spanish stocks
Not fully satisfied with eToro 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 eToro’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 eToro!
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.
Further reading
- Diversifying your investments
- eToro stock conditions explained
- Stock trading at eToro: an expert guide and rating
- eToro penny stocks trading conditions explained
- eToro bond availability
- ETF trading conditions at eToro explained
- eToro fractional shares trading conditions explained
- Are margin interest rates low at eToro?
- eToro cash interest rate
- eToro ESG investing
- eToro invest $100,000
- eToro IPO accessibility
- eToro Mexican stocks trading availability
- eToro US stock trading details
- eToro Australian stocks trading availability
- eToro Canadian stocks trading availability
- eToro Japanese stocks trading availability
- eToro French stocks trading availability
- eToro Italian stocks trading availability
- eToro Swiss stocks trading availability
- eToro Hong Kong stocks trading availability
- eToro Dutch stocks trading availability
- eToro Singapore stocks trading availability
- eToro Swedish stocks trading availability
- eToro Norwegian stocks trading availability
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.