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Tax Guide · 2026

Forex Tax in Spain 2026

Capital gains, CFDs and spread betting — how Spain taxes forex profits in 2026, the headline rate of 19-28% (progressive savings tax), filing deadlines, and loss-offset rules enforced by Agencia Tributaria (AEAT).

Spain Forex Tax Rates 2026

The brackets, rates and thresholds that apply to forex and CFD profits in Spain for the 2026 tax year.

Income TierTax RateThresholdNotes
Up to EUR 6,00019%First bandSavings base
EUR 6,001 - 50,00021%Second bandProgressive
EUR 50,001 - 200,00023%Third bandProgressive
EUR 200,001 - 300,00027%Fourth bandProgressive
Above EUR 300,00028%Top bandTop savings rate

Source: Agencia Tributaria (AEAT). Rates apply to the 2026 tax year and are subject to change in national budget updates.

Key things Spain forex traders need to know

1. Who administers forex tax in Spain

The Agencia Tributaria (AEAT) is the primary authority responsible for collecting forex and CFD capital-gains tax in Spain. Filings are made annually on Modelo 100 (Declaracion IRPF) with the deadline falling on Early April to end of June (Renta). All records — broker statements, trade ledgers, and proof of any foreign withholding — should be retained for the statutory minimum period (typically 5-7 years).

2. How forex is classified versus CFDs

Forex and CFD gains are ganancias y perdidas patrimoniales integrated into the savings income base of the IRPF, not the general employment income base.

3. Spread betting status in Spain

Spread betting is not widely available to Spanish retail clients. The CNMV treats it as a financial derivative under MiFID II, so it follows the same rules as CFD trading rather than being classified as gambling.

4. Cryptocurrency treatment

Cryptocurrency disposals are also ganancias patrimoniales taxed on the same 19%-28% savings scale. Modelo 721 must declare crypto held abroad above EUR 50,000 equivalent.

5. Professional-trader reclassification

If trading constitutes an actividad economica, profits move from the savings base into the general income base with rates up to ~47% (combining national and autonomous community surcharges).

Go deeper: full Spain tax guide

This page is the 2026 headline summary. For an in-depth walkthrough including software recommendations, record-keeping checklists, and foreign-broker declaration workflows, visit the full deep dive.

Read the full Spain tax deep dive

Frequently Asked Questions

How much tax do I pay on forex profits in Spain?
Forex and CFD profits in Spain are taxed at 19-28% (progressive savings tax) under the Rendimientos del ahorro regime, administered by Agencia Tributaria (AEAT). The exact amount depends on your total capital income, any available allowances, and whether Spain's progressive-scale or flat-rate option is more favourable in your specific circumstances.
Do I need to declare foreign-broker profits in Spain?
Yes. Spain residents must self-declare profits from CySEC-passported or other foreign-regulated brokers — they do not usually withhold local tax. Declaration is made annually on Modelo 100 (Declaracion IRPF) with a deadline of Early April to end of June (Renta).
Is spread betting tax-free in Spain?
Spread betting is not widely available to Spanish retail clients. The CNMV treats it as a financial derivative under MiFID II, so it follows the same rules as CFD trading rather than being classified as gambling.
What happens if I am classified as a professional trader in Spain?
If trading constitutes an actividad economica, profits move from the savings base into the general income base with rates up to ~47% (combining national and autonomous community surcharges).
DF

Reviewed by

Daniel Ferretti

Regulatory Affairs Editor · EU Financial Regulation Specialist

10+ years of experience · 28 articles

  • LLM International Financial Law, University of Luxembourg
  • Former CySEC Compliance Officer

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.

This page is for informational purposes only and does not constitute tax advice. Tax rules change frequently and depend on personal circumstances — consult a qualified local tax adviser before making decisions about your forex or CFD trading activity.