Best IBEX 35 Brokers 2025
Discover the best brokers with access to Spain’s IBEX 35 Index following our rigorous hands-on testing.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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2Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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3Videforex, started in 2017, is a platform that grants access to stock, index, crypto, forex, and commodities markets through binary options and CFDs. Its specialized platform, mobile app, and integrated copy trading are suitable for new and less frequent traders. By offering market analysis tools and hosting trading contests, Videforex helps to enhance your trading expertise.
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4InstaTrade, located in the British Virgin Islands, is an online broker that focuses on structured fixed income products and active trading via CFDs. Its no-spread accounts, outstanding research primarily from InstaTrade TV, and access to the well-known MT4 and InstaTrade Gear make it a good choice for traders of all levels.
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5Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stock CFDs, Futures, Futures Options | WebTrader, Mobile, MT4, MT5, TradingView | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $250 | $0.01 | 1:500 | ✓ | ✗ | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView | USD, EUR, GBP, AUD, RUB | ✓ | ✗ | ✓ | |
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✓ | ✓ | $1 | 0.01 | 1:1000 | ✓ | BVI FSC | FISP, CFDs, Forex, Stocks, Indices, Commodities, Cryptos, Futures | InstaTrade Gear, MT4 | USD, EUR, RUB | Experts Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $50 | 0.01 | 1:2000 | ✗ | ✗ | CFDs, Forex, Indices, Stocks, Commodities, Crypto | MT4, MT5 | USD, EUR | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best IBEX 35 Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
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✓ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best IBEX 35 Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
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iOS & Android | ✓ | ||
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iOS & Android | ✗ | ||
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Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best IBEX 35 Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | $100 | ✓ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $250 | $0.01 | ✗ | ✗ | ||
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✓ | $1 | 0.01 | ✗ | ✗ | ||
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✓ | $50 | 0.01 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best IBEX 35 Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
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Experts Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best IBEX 35 Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best IBEX 35 Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best IBEX 35 Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✗ | $10 | NA | 0.1 | Floating | |
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✗ | ✗ | 8 (Apple Inc) | 0.0 | 0 | |
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✗ | ✗ | 5 | 0.7 | 1.1 | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best IBEX 35 Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| InstaTrade |
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| Interactive Brokers |
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| FOREX.com |
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| Videforex |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- There's a large selection of free or paid research subscriptions available to all traders. If you subscribe to Toggle AI, you will also receive commission refunds from IBKR.
Cons
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Traders have the opportunity to earn up to 98% payouts on over 100 assets through the broker's binary options. This offering is comparable to competitors such as IQCent.
- Videforex often hosts trading contests. These competitions offer both new and experienced traders a chance to practice and win cash prizes. Trades can be made from as low as ¢0.01.
Cons
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
Why Trade With InstaTrade?
InstaTrade provides active trading on an extensive platform. It has a unique offering known as Fixed Income Structured Product (FISP), which allows for passive investment. Investors can potentially earn up to a 50% return within 6 months, provided certain conditions are fulfilled.
Pros
- InstaTrade promises returns using its structured passive trading solution (FISP), with applications processed within 24 hours.
- InstaTrade provides a high-quality range of charting tools for traders. Its web trader includes over 250 indicators, 11 types of charts and a design that's easy to use.
- InstaTrade TV provides video interviews and insightful market information about stocks, cryptocurrencies, and more. It assists in identifying opportunities for quick trading.
Cons
- InstaTrade's website and client interfaces are quite complex which can be confusing for new traders. On the other hand, XTB offers a more straightforward and user-friendly trading experience.
- The advertising of FISP, specifically about its "profit guarantee" and "risk-free trading," creates unease.
- InstaTrade is registered in the British Virgin Islands, providing minimal regulatory protections for retail traders.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Plexytrade is a unique offshore broker that accepts US residents as clients. This makes it one of the few offshore brokers that serve US-based traders.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
- Plexytrade, though unregulated, ensures trader safety by offering negative balance protection and maintaining segregated accounts for client funds.
Cons
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- The platform doesn't offer social or copy trading options. This means that novice traders cannot mirror the actions of more accomplished traders, unlike on platforms such as eToro.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
Filters
Understanding IBEX 35 and How to Trade It
The IBEX 35 is Spain’s leading stock index, featuring many prominent European companies. If you’re looking to invest in the IBEX 35, this guide will help you learn about trading the index, the companies involved, and effective strategies. We also discuss top stock brokers and how to choose the right trading platforms.
Choosing the Right IBEX 35 Brokers
When selecting a broker for IBEX 35 trading, consider these factors:
Available Instruments
IBEX 35 brokers offer various tools and methods for trading:
- Mutual funds that follow IBEX 35’s performance.
- ETFs (Exchange Traded Funds) that use leveraged options, allowing up to 3x long and 2x short leverage.
- Individual stocks from the IBEX 35, useful if you want to avoid low-dividend companies.
- Over-the-counter products like CFDs (Contracts for Difference) and binary options for price speculation.
- Options and futures contracts provided by MEFF in Spain.
Trading Platforms
The best brokers offer reliable trading platforms like MetaTrader 5. Look for features such as:
- Proprietary software with custom tools.
- Access to historical data and analysis tools.
- Demo accounts to practice trading strategies.
Fees
Trading costs can affect your profits. Consider:
- Commission-free options or brokers with low spreads.
- Additional fees like account management, inactivity charges, or overnight fees.
Deposits & Withdrawals
Choose brokers that offer:
- Local deposit and withdrawal options.
- Flexible limits and instant processing.
- Low minimum deposit requirements.
Additional Tools
Top brokers provide helpful features like:
- Copy trading or strategy building platforms.
- Live news feeds and economic calendars for informed trading decisions.
Introducing IBEX 35
The IBEX 35 index includes the top 35 liquid and large-cap companies listed on Spain’s Bolsa de Madrid (Madrid Stock Exchange), established in 1992. It’s reviewed twice a year and can include companies like Banco Santander and Telefonica.
Factors Affecting IBEX 35 Prices
Several elements can impact the index’s performance:
Single Stock Performance
Because the index contains only 35 companies, changes in high-profile stocks can significantly influence overall performance.
Global Economy
The IBEX 35 is sensitive to global economic changes, as seen during historical financial crises.
Value of the Euro
Changes in the Euro’s value can affect the index’s stocks, especially in leading European companies like Inditex.
Key Sector Performance
Since many IBEX 35 companies belong to similar sectors like banking or energy, specific sector performances can heavily influence the index.
Spain’s Local Economy
Economic conditions in Spain, such as employment rates, can affect these companies’ stock values.
IBEX 35: Price and Performance
The IBEX 35’s history features several highs and lows:
- Highest point: €16,040.40 on 9th November 2007.
- Lowest point: €1,861.90 on 5th October 1992.
Dividends
IBEX 35 companies offer varying dividend yields; investors can target high dividend stocks for better returns.
List of IBEX 35 Companies
Here are some companies in the IBEX 35 and their sectors:
- Acciona (Construction)
- Acerinox (Steel Manufacturing)
- Banco Santander (Financial Services)
- Endesa (Electricity)
- Inditex (Fashion)
- Repsol (Oil and Gas)
Trading Strategies for IBEX 35
Investors can consider various strategies based on market conditions:
News-Based Trading
Stay ahead by reacting to news about major banks or the European Central Bank, impacting the IBEX 35’s performance.
Scalping
Traders can exploit price changes in volatile markets for quick gains, although not all brokers permit scalping.
Hedging
Use opposing positions with stocks or ETFs to minimize risks in volatile markets.
Dividend Investing
Target high dividend-bearing stocks for a steady income, focusing on those within the IBEX 35 with reliable payouts.
IBEX 35 Trading Hours
Regular trading hours are 9:00 am to 5:30 pm CEST from Monday to Friday. However, futures can be traded from 8:00 am to 8:00 pm CEST.
Final Advice on IBEX 35 Brokers
Picking the right broker for IBEX 35 trading gives you access to Spain’s leading companies, especially in financial services. Explore our list of the best brokers to begin your investment journey.
FAQs
What Is IBEX 35 Trading?
It involves trading an index of 35 top companies on Spain’s Bolsa de Madrid.
Is the IBEX 35 Expanding?
There are no current plans to expand beyond 35 companies, but the index is updated regularly.
When Are IBEX 35 Dividends Paid?
Dividends are paid throughout the year. Use economic calendars from brokers for details.
Can I Trade IBEX 35 in Dollars?
Yes, instruments like ETFs and CFDs allow trading in dollars. Check broker offerings.
Where Is IBEX 35 Based?
The IBEX 35 is based in Spain with companies listed on the Bolsa de Madrid. Some businesses like IAG are headquartered elsewhere.