Spain

Monex in Spain

From everyday international payments to sophisticated FX hedging strategies, Monex provides the full spectrum of foreign exchange services to businesses across Spain and Europe.

About Monex Spain

Two regulated entities, one trusted partner

Monex operates two distinct regulated entities in Spain to serve the full range of FX needs. Whether you're making international payments or managing complex currency exposures, we have the authorisation, expertise, and technology to help.

Our Madrid-based teams combine deep local market knowledge with the global resources of the Monex group — an investment-grade financial institution with operations across the Americas, Europe, and Asia-Pacific.

Monex Europa S.L.

Bank of Spain · Reg. #6936

MEMSV S.V., S.A.U.

CNMV · Licence #321

Torre Picasso, Madrid — Monex Spain office

Payments & Spot FX

International payments made simple

Authorised by the Bank of Spain as a payment institution, our commercial FX team helps businesses manage cash flow and foreign exchange risk while making fast, secure international payments.

Spot FX

Same-day, next-day, and spot foreign exchange in 60+ currencies. Multiple liquidity pools for sharper pricing, seamless execution, and fast, secure settlement.

Deliverable Forwards

OTC forward contracts for FX-related payments — payroll, invoices, and intercompany transfers. Fix the value of future payments and protect your margins from currency fluctuations.

Flexible margin terms available for hedging up to 5 years ahead, subject to creditworthiness.

Market Orders

Limit orders and stop-loss orders that let you take advantage of market moves without watching rates all day — including overnight volatility you'd otherwise miss.

Derivatives & Risk ManagementProfessional clients only

Tailored FX hedging strategies

Authorised by the CNMV as an investment firm, our derivatives desk provides bespoke solutions tailored to your risk appetite, hedging priorities, and internal treasury policies.

FX Spot

FX Forwards

FX Options

NDFs

FX Swaps

FX Hedging Solutions

Whether you need to protect certain rates, participate in favourable moves, or outperform the market, our dedicated team creates and monitors tailored hedging policies as your business evolves. Regular performance updates ensure your programme stays aligned with your objectives.

Risk Management Strategies

Our team of dedicated traders provides information on the different products available — deliverable and non-deliverable forwards, swaps, and options — enabling you to manage balance sheet exposures and hedge currency risk with confidence.

Non-Deliverable Forwards

Cash-settled contracts for markets where local currency controls restrict standard forwards. Offset the financial impact of currency movements without physical exchange of notional amounts.

Forwards

Customised OTC contracts for hedging or balance sheet/loan hedging purposes — where the purpose extends beyond identifiable goods and services, requiring an authorised investment firm.

Options Contracts

The right, but not the obligation, to buy or sell currency at a predetermined rate. Tailored to your hedging needs — protect against adverse moves while benefiting from favourable ones.

Technology

MonexPay

Available 24/7 on desktop, tablet, and mobile, our intuitive payment platform gives you total control — submit payment instructions, manage bank details, and execute same-day, spot, and forward FX transactions to 100+ countries with live exchange rates. All in a few clicks.

Learn more about MonexPay

Ready to get started?

Speak with one of our experienced FX specialists in Madrid to find out which services are right for your business.

Payments & Spot FX

+34 911 430 020

Monex Europa S.L.

Derivatives & Hedging

+34 919 032 784

MEMSV · Professional clients only

Monex Europa S.L.

Authorised and regulated by the Bank of Spain as a payment institution (Registration #6936). Company ID: B56461320. Registered office: Torre Picasso, Plaza Pablo Ruiz Picasso 1, 28020 Madrid. Funds held with Monex Europa S.L. are not covered by any financial services compensation scheme.

Monex Europe Markets S.V., S.A.U.

Authorised and regulated by the Comisión Nacional del Mercado de Valores (CNMV), licence #321. Company registration: A16789208. Services available to professional clients only. Foreign exchange derivatives may not be suitable for everyone and can present a high level of risk to your capital.

Two regulated entities, one trusted partner

Monex Europa S.L.

Bank of Spain · Reg. #6936

MEMSV S.V., S.A.U.

CNMV · Licence #321

International payments made simple

Authorised by the Bank of Spain as a payment institution, our commercial FX team helps businesses manage cash flow and foreign exchange risk while making fast, secure international payments.

Spot FX

Same-day, next-day, and spot foreign exchange in 60+ currencies. Multiple liquidity pools for sharper pricing, seamless execution, and fast, secure settlement.

Deliverable Forwards

OTC forward contracts for FX-related payments — payroll, invoices, and intercompany transfers. Fix the value of future payments and protect your margins from currency fluctuations.

Flexible margin terms available for hedging up to 5 years ahead, subject to creditworthiness.

Market Orders

Limit orders and stop-loss orders that let you take advantage of market moves without watching rates all day — including overnight volatility you'd otherwise miss.

Tailored FX hedging strategies

Authorised by the CNMV as an investment firm, our derivatives desk provides bespoke solutions tailored to your risk appetite, hedging priorities, and internal treasury policies.

FX Spot

FX Forwards

FX Options

NDFs

FX Swaps

FX Hedging Solutions

Risk Management Strategies

Non-Deliverable Forwards

Cash-settled contracts for markets where local currency controls restrict standard forwards. Offset the financial impact of currency movements without physical exchange of notional amounts.

Forwards

Customised OTC contracts for hedging or balance sheet/loan hedging purposes — where the purpose extends beyond identifiable goods and services, requiring an authorised investment firm.

Options Contracts

The right, but not the obligation, to buy or sell currency at a predetermined rate. Tailored to your hedging needs — protect against adverse moves while benefiting from favourable ones.

MonexPay

Learn more about MonexPay