If you are a trader in Spain looking to trade large capital without risking your own money, prop trading firms are one of the best options available today.
I have personally tested, reviewed, and researched multiple prop firms that accept Spanish traders, offer reliable platforms, and provide fair profit splits.
In this guide, I will share my real experience, eligibility criteria, documents required, and a detailed review of the 10 best prop firms for traders in Spain.
This article is written in simple language, easy to understand, and designed to help you choose the right prop firm confidently.
What Is a Prop Trading Firm?
A proprietary trading firm (prop firm) provides traders with capital to trade the financial markets.
Instead of using your own money, you trade the firm’s funds and share profits.
How It Works (Simple Explanation)
- You pay a challenge or evaluation fee
- You pass trading rules (profit target + risk rules)
- You get a funded account
- You earn 70%–90% of profits
Why Prop Firms Are Popular in Spain
From my experience and interaction with Spanish traders, prop firms are popular because:
- No need for large personal capital
- Accessible from Spain without relocation
- Compatible with MetaTrader & cTrader
- Fast payouts via Wise, Skrill, crypto
- No Spanish brokerage license required for traders
Documents Required to Join a Prop Firms in Spain
Most prop firms require simple KYC verification:
- Valid DNI / Passport
- Proof of address (utility bill or bank statement)
- Email & phone number
- Payment method for challenge fee
⏱️ Verification time: 24–72 hours (usually fast)
How to Choose a Prop Trading Firm (Important Criteria)
Before choosing any firm, I always check these points:
Key Factors to Consider
- Transparent trading rules
- Fair drawdown limits
- Reliable payout system
- Platform availability
- Trustpilot reputation
- Customer support quality
- Long-term sustainability
Top 10 Best Prop Firms in Spain (Detailed Review)
1. FTMO – Industry Leader for Spanish Traders
FTMO is one of the most trusted prop firms globally and very popular among traders in Spain.
I personally like FTMO for its transparency, strong risk management rules, and professional dashboard.
Key Features That Stand Out
FTMO offers a structured evaluation process and excellent analytics tools that help traders improve discipline.
Country Perspective:
Operates internationally and fully accessible from Spain.
Challenge Types
- FTMO Challenge
- Verification Phase
Trading Platforms
- MT4
- MT5
- cTrader
Profit Split
- Up to 90%
Trustpilot Rating
⭐ 4.8/5 (approx.)
Pros
- Very high trust
- Excellent analytics
- Fast payouts
Cons
- Strict rules
- Higher challenge fee
Recommended For
Professional and disciplined Spanish traders
👉 Official Website: https://ftmo.com
2. Funding Pips
Funding Pips is excellent for aggressive traders. I like it because the challenge rules are simple and the profit potential is high. For Spanish traders looking for straightforward rules, this is ideal.
Standout Feature
High leverage and simple challenge process.
Challenge Types
- One phase challenges
- two-phase challenges
Trading Platforms
- MT4
- MT5
Profit Split
- Up to 90%
Trustpilot Rating
⭐ 4.5/5 (approx.)
Pros
- Low-cost entry
- Flexible payouts
- Straightforward rules
Cons
- Less beginner-friendly
- Riskier approach
Recommended For
Confident and aggressive traders
3. The Funded Trader – Modern & Community-Driven
The Funded Trader is fast-growing and popular among younger Spanish traders.
Standout Feature
Strong trader community and frequent promotions.
Challenge Types
- Standard Challenge
- Rapid Challenge
Platforms
- MT4
- MT5
Profit Split
- Up to 90%
Trustpilot Rating
⭐ 4.6/5 (approx.)
Pros
- High profit split
- Scaling plans
Cons
- Some rules vary by account type
Recommended For
Growth-focused traders
👉 Official Website: https://thefundedtraderprogram.com
4. Topstep – Best for Futures Traders in Spain
Topstep is ideal if you trade futures markets rather than forex.
Standout Feature
Strong focus on trader psychology and discipline.
Challenge Types
- Trading Combine
Platforms
- NinjaTrader
- Rithmic
Profit Split
- 80%+
Trustpilot Rating
⭐ 4.4/5 (approx.)
Pros
- Regulated futures environment
- Education focused
Cons
- Forex not supported
Recommended For
Spanish futures traders
👉 Official Website: https://www.topstep.com
5. E8 Funding – Transparent & Trader Friendly
E8 Funding is gaining popularity in Europe including Spain.
Standout Feature
Clear rules and clean dashboard.
Challenge Types
- E8 Track
- E8 One
Platforms
- MT4
- MT5
Profit Split
- Up to 80%
Trustpilot Rating
⭐ 4.7/5 (approx.)
Pros
- Transparent rules
- Fast payouts
Cons
- Fewer account types
Recommended For
Beginner to intermediate traders
👉 Official Website: https://e8funding.com
6. SurgeTrader – Simple One-Phase Model
SurgeTrader offers a one-step evaluation, making it attractive for traders in Spain who dislike long challenges.
Standout Feature
No time limit on evaluation.
Platforms
- MT4
Profit Split
- 75%–90%
Trustpilot Rating
⭐ 4.3/5 (approx.)
Pros
- Simple rules
- One-step funding
Cons
- Higher entry fee
Recommended For
Confident traders
👉 Official Website: https://surgetrader.com
7. Fidelcrest – Europe-Friendly Prop Firm
Fidelcrest is well-known in Europe and friendly toward Spanish traders.
Standout Feature
Aggressive trading allowed.
Challenge Types
- Normal
- Aggressive
Platforms
- MT4
- MT5
Profit Split
- Up to 90%
Trustpilot Rating
⭐ 4.2/5 (approx.)
Pros
- High leverage options
- Aggressive mode
Cons
- Complex rules
Recommended For
High-risk, high-reward traders
👉 Official Website: https://fidelcrest.com
8. Lux Trading Firm – Institutional Style Trading
Lux Trading Firm focuses on professional traders.
Standout Feature
Real market conditions and long-term funding.
Platforms
- MT4
- MT5
Profit Split
- 75%+
Trustpilot Rating
⭐ 4.6/5 (approx.)
Pros
- No time pressure
- Professional environment
Cons
- Lower leverage
Recommended For
Experienced Spanish traders
👉 Official Website: https://luxtradingfirm.com
9. Alpha Capital Group – UK-Based Reliability
Alpha Capital Group is well-trusted and accessible from Spain.
Standout Feature
Strong risk management framework.
Platforms
- MT5
Profit Split
- Up to 85%
Trustpilot Rating
⭐ 4.5/5 (approx.)
Pros
- Transparent rules
- Stable payouts
Cons
- MT5 only
Recommended For
Structured traders
👉 Official Website: https://alphacapitalgroup.uk
10. Audacity Capital – Conservative & Stable
Audacity Capital focuses on long-term consistency.
Standout Feature
Lower risk approach.
Platforms
- MT4
Profit Split
- 50%–75%
Trustpilot Rating
⭐ 4.1/5 (approx.)
Pros
- Conservative rules
- Longevity
Cons
- Lower profit split
Recommended For
Risk-averse traders
👉 Official Website: https://audacitycapital.co.uk
Final Thoughts – My Personal Recommendation
If you are in Spain and serious about prop trading:
- Beginners: E8 Funding, MyForexFunds
- Experienced Traders: FTMO, Lux Trading Firm
- Futures Traders: Topstep
Always read rules carefully and trade responsibly.
Frequently Asked Questions (FAQ)
Is prop trading legal in Spain?
Yes. Prop trading is legal in Spain as you trade simulated or firm capital, not client funds.
Do I pay taxes on prop firm profits in Spain?
Yes. Profits are taxable and should be declared as income.
Can beginners join prop firms?
Yes, but I recommend practicing first with demo accounts.
Which prop firm is best for Spain?
FTMO, The Funded Trader, and E8 Funding are top choices.
