Best Forex Brokers Spain 2023
The four regional stock markets in Spain are operated by the Bolsas y Mercados Españoles (BMEX) holding company that was founded in 2002 in Madrid, Spain. The four regional Spanish exchanges are the Stock Exchange of Madrid or Bolsa de Madrid, the Stock Exchange of Barcelona or Bolsa de Barcelona, the Stock Exchange of Bilbao or Bolsa de Bilbao, and the Stock Exchange of Valencia or Bolsa de Valencia.
In addition, the BMEX operates a futures and options exchange called the Official Market of Options and Financial Futures in Spain (MEFF) that lists futures and options on government bonds, the IBEX-35 stock index futures, and stock options. The IBEX 35 is the narrow benchmark stock market index for Bolsa de Madrid, Spain’s largest stock exchange.
The BME also runs two fixed-income securities exchanges called the Mercado de Renta Fija SA (AIAF) and the Mercado Alternative de Renta Fija or Alternative Fixed Income Market (MARF). The primary Spanish private fixed-income benchmark index is called the AIAF 2000 Index.
Forex traders will certainly be familiar with the euro (EUR) issued by the European Union and managed by the European Central Bank. The Bank for International Settlements (BIS) ranks the euro second among the most actively traded currencies of 2016, accounting for about 31.4% of the overall turnover in the forex market. The euro also ranked second among currencies kept as reserves by central banks, making up roughly 19% of such reserves in Q3 2018 according to the International Monetary Fund (IMF).
Finally, financial regulation in Spain is broken down into three categories. The primary investment sector regulator is the Spanish Securities Market Commission or Comisión Nacional del Mercado de Valores (CNMV), which also regulates forex trading and ensures compliance with the EU’s markets in financial instruments directive (MiFID). The insurance and pension fund sector in Spain is regulated by the Dirección General de Seguros y Fondos de Pensiones (DGSFP), while the banking sector regulator is the Bank of Spain or Banco de España (BDE), which is the Spanish central bank.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Best Online Brokers for Spain
-
IG
-
FOREX.com
- XTB - 9/10 Overall
- eToro - 8.8/10 Overall
- AvaTrade - 8.6/10 Overall
-
FXCM
- XM Group - 8.4/10 Overall
- Pepperstone - 8.4/10 Overall
- Admiral Markets - 8.3/10 Overall
- IC Markets - 8.2/10 Overall
- Tickmill - 8.0/10 Overall
- HFM - 7.8/10 Overall
- HYCM (Henyep) - 7.7/10 Overall
- Eightcap - 7.6/10 Overall
- ThinkMarkets - 7.4/10 Overall
Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 0.86 |
All-in Cost EUR/USD - Active | 0.5957 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1974 |
Publicly Traded (Listed) | Yes |
Bank | Yes |
Tier-1 Licenses | 7 |
Tier-2 Licenses | 2 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 19537 |
Forex Pairs (Total) | 100 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 33 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 1.0 |
All-in Cost EUR/USD - Active | 1.0 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | No |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1999 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 4 |
Tier-2 Licenses | 2 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 5500 |
Forex Pairs (Total) | 91 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | Yes |
Social Trading / Copy Trading | No |
Charting - Indicators / Studies (Total) | 203 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 1.07 |
All-in Cost EUR/USD - Active | 1.04 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2002 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 1 |
Tier-2 Licenses | 3 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 12000 |
Forex Pairs (Total) | 57 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 39 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 1 |
All-in Cost EUR/USD - Active | N/A |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2007 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 2 |
Tier-2 Licenses | 1 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 3458 |
Forex Pairs (Total) | 49 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | No |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 66 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | No |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 0.92 |
All-in Cost EUR/USD - Active | 0.61 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2006 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 4 |
Tier-2 Licenses | 4 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 1260 |
Forex Pairs (Total) | 55 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 80 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 1.38 |
All-in Cost EUR/USD - Active | 1.38 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 1999 |
Publicly Traded (Listed) | Yes |
Bank | No |
Tier-1 Licenses | 3 |
Tier-2 Licenses | 3 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 440 |
Forex Pairs (Total) | 41 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | No |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 59 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 1.6 |
All-in Cost EUR/USD - Active | 0.8 |
PayPal (Deposit/Withdraw) | No |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2009 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 2 |
Tier-2 Licenses | 1 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 1429 |
Forex Pairs (Total) | 55 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | No |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 30 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 0.77 |
All-in Cost EUR/USD - Active | 0.87 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2010 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 2 |
Tier-2 Licenses | 2 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 2342 |
Forex Pairs (Total) | 62 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | No |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 15 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |

Overall Rating
Minimum Deposit
Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.
Average Spread EUR/USD - Standard | 0.8 |
All-in Cost EUR/USD - Active | 0.7 |
PayPal (Deposit/Withdraw) | Yes |
Skrill (Deposit/Withdraw) | Yes |
Visa/Mastercard (Credit/Debit) | Yes |
Year Founded | 2001 |
Publicly Traded (Listed) | No |
Bank | No |
Tier-1 Licenses | 3 |
Tier-2 Licenses | 2 |
Forex Trading (Spot or CFDs) | Yes |
Mobile Trading - Forex or CFDs | Yes |
Tradeable Symbols (Total) | 6942 |
Forex Pairs (Total) | 80 |
Bitcoin | Yes |
Virtual Trading (Demo) | Yes |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Proprietary Platform | Yes |
Social Trading / Copy Trading | Yes |
Charting - Indicators / Studies (Total) | 30 |
Android App | |
Apple iOS App | Yes |
Education (Forex or CFDs) | Yes |
Daily Market Commentary | Yes |
Forex News (Top-Tier Sources) | Yes |
Economic Calendar | Yes |
How to Trade in Spain
For prospective traders, there are numerous online forex brokers situated in Spain or in the EU to select from. Traders living in Spain may also deposit money to trade online using accounts that are opened with any non-EU broker that will take them on as a client.
Fortunately, most online brokers that offer forex or contract for difference (CFD) trading will accept clients from Spain, although having a broker with an EU office is generally preferred as they must abide by the EU’s MiFID regulations. Moreover, EU based brokers will also have a reputation to uphold with the CNMV, and you can generally litigate in the EU should any issues arise with them.
Alternatively, if opting for a non-EU broker, traders should always ensure that the broker is well regulated. Aspects to consider are the broker’s range of services, where and how the broker holds clients’ funds (i.e. does the broker hold client funds segregated from their own money), and if the broker has a good general reputation.
Both asset classes and stock trading are available to trade online. Regarding asset classes that are available to trade online, the selection can vary substantially among brokers. Although the majority of online brokers make some form of currency trading available to clients, not all of them provide CFD trading that usually allows traders to operate in a broader range of tradable assets.
Whilst, in relation to stock trading, the BMEX’s four supervised regional stock exchanges provide fair and transparent markets in numerous Spanish stocks and other asset classes. Trades on these exchanges are generally executed in euros. The consolidated BMEX exchanges operate based on an electronic trading platform called SIBE that was developed in-house and facilitates the full interconnection of the four regional Spanish stock exchanges. In addition to stocks, SIBE also supports products like ETFs, certificates, warrants, and various other instruments.
For trading Spanish public debt and some assets listed on AIAF, the wholesale electronic trading platform used by institutional members is known as the Electronic Financial Assets Trading System (SENAF). Furthermore, all fixed income assets traded on the Spanish stock exchanges are traded via an electronic market with real-time data. Market members can access this platform through SIBE terminals.
Furthermore, just as our guide to setting up demo accounts explains, most online brokers will provide traders with a demo account with virtual money that can be used to test their services and practice trading strategies.
Biggest Opportunities of Trading in Spain
Spain has a long tradition with respect to its financial services sector. As one of the largest economies in the EU, Spanish GDP reached USD 1.314 trillion in 2017 and continues to offer business opportunities in a number of areas, including major infrastructure projects. Spain has also recently reformed its financial sector and labor laws, which have cut the costs of doing business in Spain compared to other countries in the EU. In addition, doing business in Spain could open the possibility of acquiring value-added partners in the countries in Latin America and the Caribbean where Spanish is the common language.
With respect to trading across borders, Spain achieved the top ranking among countries surveyed by the World Bank assisted by its status as an EU country. Spain also ranked highly in resolving insolvencies and enforcing contracts, where the country scored 19th and 23rd respectively, and it also ranked 30th overall with respect to the ease of doing business.
Biggest Challenges of Trading in Spain
The EU countries of France, Germany, Italy, Portugal and the UK are among Spain’s largest and nearest trading partners. This is why in February 2019, as reported by the Spanish newspaper El Pais, the Spanish Tax Agency sent letters to Spanish exporters warning them of detrimental impacts such as new customs and tax obligations, that the UK’s scheduled exit from the EU will have on Spanish exports.
Moreover, Spain’s dependence on foreign oil and imports of high added-value goods results in a systemic trade deficit. As a consistent net importer with a reported negative balance of trade numbers since 1962, Spain’s economic situation could be adversely affected by trade tariffs, trade wars, and the failure of trading partners to adhere to key trade accords.
As per the World Bank, Spain’s rank for starting a business, dealing with construction permits, and obtaining credit was 86th, 78th, and 73rd respectively. Other areas of difficulty included registering the property at 58th and the supply of electricity at 48th.
Summary
Overall, traders and businesses will generally find Spain a rather safe place to operate due to its participation in the European Union. This, coupled with Spanish financial institutions being regulated by the CNMV and online brokers by the EU’s strict MiFID regulations, heightens its stability.
To conclude, those seeking an online broker to trade from Spain will want to understand the broker’s range of asset classes, regulatory oversight, trading platform, and reputation. A reputable broker should also provide adequate security for a margin deposit and keep clients' funds separate from their own money.
BrokerNotes.co 2023 Overall Rankings
To recap, here are our top forex brokers for 2023, sorted by Overall ranking.
Company | Accepts ES Residents | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Trust Score | Tradeable Symbols (Total) | Read Review | Visit Site |
![]() |
9.9 | £250.00 | 0.86 | 99 | 19537 | IG Review |
Visit Site
|
|
![]() |
9.7 | €2,000 | 0.9 | 99 | 60000 | Saxo Bank Review | ||
![]() |
9.7 | $0 | 0.6 | 99 | 8500 | Interactive Brokers Review | ||
![]() |
9.6 | $0 | 0.51 | 99 | 12377 | CMC Markets Review | ||
![]() |
9.5 | $0 | 1.25 | 99 | 0 | TD Ameritrade Review | ||
![]() |
9.3 | $100 | 1.0 | 99 | 5500 | FOREX.com Review |
Visit Site
|
|
![]() |
9.2 | £100.00 | 1.0 | 99 | 13500 | City Index Review | ||
![]() |
9 | $0 | 1.07 | 95 | 12000 | XTB Group Review | ||
![]() |
8.8 | $10-$10,000 | 1 | 93 | 3458 | eToro Review | ||
![]() |
8.7 | $1000 | N/A | 99 | 466 | Swissquote Review | ||
![]() |
8.6 | $100 | 0.92 | 93 | 1260 | AvaTrade Review | ||
![]() |
8.5 | Starts from $50 | 1.38 | 96 | 440 | FXCM Review |
Visit Site
|
|
![]() |
8.5 | €100 | 0.8 | 98 | 2800 | Plus500 Review | ||
![]() |
8.4 | $20 | 0.65 | 85 | 3152 | Capital.com Review | ||
![]() |
8.4 | $5 | 1.6 | 90 | 1429 | XM Group Review | ||
![]() |
8.4 | $200 | 0.77 | 93 | 2342 | Pepperstone Review | ||
![]() |
8.4 | $0 | 1.26 | 92 | 124 | OANDA Review | ||
![]() |
8.3 | $100 | 0.8 | 88 | 6942 | Admiral Markets Review | ||
![]() |
8.3 | $100 AUD | 1.2 | 86 | 10000 | FP Markets Review | ||
![]() |
8.2 | $200 | 0.62 | 86 | 3583 | IC Markets Review | ||
![]() |
8.2 | $100 | 1.9 | 98 | 2179 | Markets.com Review | ||
![]() |
8.1 | $100 | 1.51 | 90 | 2249 | FxPro Review | ||
![]() |
8.0 | $100 | 0.51 | 82 | 725 | Tickmill Review | ||
![]() |
8.0 | $0 | N/A | 92 | 126 | Fineco Bank Review | ||
![]() |
7.9 | $0 | 0.827 | 74 | 26000 | BlackBull Markets Review | ||
|
7.8 | $100 | N/A | 84 | 10000 | DooPrime Review | ||
![]() |
7.8 | $50 | 1.30 | 89 | 1000 | Vantage Review | ||
![]() |
7.8 | $100-$5000 | 1.6 | 83 | 1081 | BDSwiss Review | ||
![]() |
7.8 | $100 | 0.96 | 79 | 12000 | TMGM Review | ||
![]() |
7.8 | $0 | 1.2 | 85 | 3500 | HFM Review | ||
![]() |
7.7 | $0.00 | N/A | 77 | 408600 | FlowBank Review | ||
![]() |
7.7 | $100 | 0.6 | 86 | 362 | HYCM Review | ||
![]() |
7.6 | EUR 10 | N/A | 77 | 1785 | Trading 212 Review | ||
![]() |
7.6 | $100 | 1.0 | 87 | 736 | Eightcap Review | ||
![]() |
7.5 | $0 | 0.6 | 83 | 601 | Trade Nation Review | ||
![]() |
7.5 | $50 | 1.27 | 71 | 965 | Moneta Markets Review | ||
![]() |
7.4 | $250.00 | N/A | 86 | 1674 | ThinkMarkets Review | ||
![]() |
7.4 | $200 | 1.2 | 71 | 168 | VT Markets Review | ||
![]() |
7.4 | $50 | 1.2 | 75 | 1600 | ACY Securities Review | ||
![]() |
7.3 | $100 | 0.9 | 84 | 199 | a href="/reviews/easymarkets">easyMarkets Review | ||
![]() |
7.3 | $100 | 1.4 | 69 | 12000 | Roboforex (RoboMarkets) Review | ||
![]() |
7.2 | $50 | 1.2 | 84 | 340 | IronFX Review | ||
![]() |
7.2 | $1 | 0.9 | 74 | 112 | Exness Review | ||
![]() |
7.2 | $0 | N/A | 70 | 2000 | Spreadex Review | ||
![]() |
7.1 | $250 | N/A | 75 | 1062 | Trade360 Review | ||
![]() |
7.1 | 0 | N/A | 83 | 175 | Axitrader Review | ||
![]() |
7.1 | $0 | N/A | 66 | 354 | GKFX Review | ||
![]() |
7.1 | -1 | N/A | 79 | 750 | Vestle Review | ||
![]() |
7 | $25 | 0.9 | 69 | 229 | OctaFX Review | ||
![]() |
7 | $100 | N/A | 80 | 87 | FXOpen Review | ||
![]() |
7 | $100 | N/A | 67 | 500 | Teletrade Review | ||
![]() |
6.9 | $100 | N/A | 69 | 140 | FXPrimus Review | ||
![]() |
6.9 | $0 | N/A | 62 | 150 | Forex4you Review | ||
![]() |
6.9 | $500 | N/A | 66 | 425 | LegacyFX Review | ||
![]() |
6.8 | $500 | N/A | 69 | 500 | GBE Brokers Review | ||
![]() |
6.8 | $20 | N/A | 67 | 105 | Alpari Review | ||
![]() |
6.7 | Depends on payment method | N/A | 67 | 655 | TopFX Review | ||
![]() |
6.7 | $10 | N/A | 72 | 300 | Libertex Review | ||
|
6.6 | $500 | N/A | 70 | 150 | ATFX Review | ||
![]() |
6.6 | $100 | 3 | 67 | 619 | UFX Review | ||
![]() |
6.5 | $250 | N/A | 80 | 142 | Xtrade Review | ||
![]() |
6.4 | $200 | N/A | 67 | 256 | Tradeo Review |
More Forex Guides
- Best Forex Brokers
- Best CFD Brokers
- Best Zero Spread Brokers
- Best MetaTrader Brokers
- Best Brokers for Mac
- Compare Forex Brokers
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.