The Order of the Second of May (Spanish: Orden del Dos de Mayo) is one of the highest distinctions granted by the Community of Madrid, and has a single degree: Grand Cross (Gran Cruz).

The Grand Cross of the Order of Second of May is awarded to natural or legal persons, national and foreign institutions, and groups or other entities, for acts or services relevant to citizens, mainly within the Community of Madrid, and in general for its contribution to the political, economic, cultural or social progress of the region.

In the case of legal entities, the decoration takes the form of a badge of honor.

Likewise, in the case of groups or other entities, it is up to the President of the Community of Madrid to decide on the form of materialization of the distinction (e.g., on some occasions personalized diplomas have been sent to those awarded).

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