How can I change the font color of the selected item in a spinner?
I am able to change the background color of the selected item, the color of the dropdown item etc,
just use this line onItemSelected listner -
public void onItemSelected(AdapterView<?> parent, View arg1, int arg2,long arg3) 
     {
       item = (String) parent.getItemAtPosition(arg2);
       ((TextView) parent.getChildAt(0)).setTextColor(0x00000000);
 }
You can change the selected text color by adding OnItemSelectedListener to the spinner
qtySpinner.setOnItemSelectedListener(new AdapterView.OnItemSelectedListener() {
    @Override
    public void onItemSelected(AdapterView<?> parent, View view, int position, long id) {
        ((TextView) view).setTextColor(Color.BLACK); //Change selected text color
    }
    @Override
    public void onNothingSelected(AdapterView<?> parent) {
    }
});
If your spinner is using an ArrayAdapter, you can simply pass a custom layout for your spinner items. That layout can be a simple textView but with the android:textColor attribute.
MainActivity.java onCreate()
adapter = new ArrayAdapter<>(this, R.layout.spinner_custom_textcolor, data);
spinner.setAdapter(adapter);
spinner_custom_textcolor.xml
<TextView xmlns:android="http://schemas.android.com/apk/res/android"
android:id="@android:id/text1"
style="?android:attr/spinnerItemStyle" 
android:textColor="@color/YOUR_COLOR_HERE"
android:singleLine="true"
android:layout_width="match_parent"
android:layout_height="wrap_content"
android:ellipsize="marquee"
android:textAlignment="inherit"/>
*Everything from the above layout except for android:textColor is a direct copy from android.R.layout.simple_spinner_item
some of you that using MaterialBetterSpinner and Binding your Layouts, all the above won't help, try this, hope it helps you:
public class MyAdapter extends ArrayAdapter<String> {      
        public MyAdapter(Context context, int textViewResourceId, List<String> objects) {
            super(context, textViewResourceId, objects);           
        }
        @Override
        public View getDropDownView(int position, View convertView, ViewGroup parent) {
            return getCustomView(position, convertView, parent);
        }
        @Override
        public View getView(int position, View convertView, ViewGroup parent) {
            return getCustomView(position, convertView, parent);
        }
        public View getCustomView(int position, View convertView, ViewGroup parent) {
            LayoutInflater inflater = (LayoutInflater) getContext().getSystemService(Context.LAYOUT_INFLATER_SERVICE);
            final YourXMLBinding rowBinding = DataBindingUtil.inflate(inflater, R.layout.yourXML, parent,false);
            rowBinding.tv1.setText(mMy.getValues().get(position));
            if(position == mMy.getCurrentIndex()) {
                rowBinding.tv1.setTypeface(Typer.set(getContext()).getFont(Font.ROBOTO_BOLD));//change font
                rowBinding.tv1.setTextColor(ContextCompat.getColor(getContext(), R.color.yourColor));//change color
            }
            return rowBinding.getRoot();
        }
    }
yourXML is something like this:
<?xml version="1.0" encoding="utf-8"?>
<layout>
    <LinearLayout xmlns:android="http://schemas.android.com/apk/res/android"
        android:layout_width="fill_parent"
        android:layout_height="wrap_content"
        android:orientation="horizontal"
        android:background="@color/colorBackgroundStart">
        <TextView
            android:id="@+id/tv1"
            android:layout_width="0dp"
            android:layout_weight="0.7"
            android:layout_height="30dp"
            android:textColor="#fff"
            android:textSize="16dp"
            android:layout_marginTop="8dp"
            android:layout_marginBottom="10dp"
            android:layout_marginLeft="8dp"/>
</layout>
create a spinner with this adapter and yourXML :
final MyAdapter adapter = new MyAdapter(getContext(), R.layout.yourXML, s.getValues());
final MaterialBetterSpinner spinner = new MaterialBetterSpinner(getContext());
spinner.setAdapter(adapter);
Setting ((TextView) view).setTextColor(getResources().getColor(R.color.black));
 inside onItemSelected(...) listener method will work.
It sets color for your selected spinner text.
The solution that worked for me was to use a CheckedTextView for the the drop down resource view and then change the color of the checked item using a color selector.
spinner_dropdown_item.xml in the layout folder:
<?xml version="1.0" encoding="utf-8"?>
<!-- A `CheckedTextView` allows the color of the text to be changed when it is selected (checked). -->
<CheckedTextView
    xmlns:android="http://schemas.android.com/apk/res/android"
    android:id="@+id/spinner_item_textview"
    android:layout_height="wrap_content"
    android:layout_width="match_parent"
    android:maxLines="1"
    android:ellipsize="end"
    android:paddingStart="20dp"
    android:paddingEnd="20dp"
    android:paddingTop="8dp"
    android:paddingBottom="8dp"
    android:textSize="18sp"
    android:textColor="@color/spinner_color_selector"
    android:background="@color/spinner_background" />
spinner_color_selector in the color folder:
<?xml version="1.0" encoding="utf-8"?>
<!-- Highlight the selected (checked) item when the spinner is open. -->
<selector xmlns:android="http://schemas.android.com/apk/res/android" >
    <item android:state_checked="true" android:color="@color/white" />
    <item android:color="@color/blue_100" />
</selector>
spinner_dropdown_item.xml must be set as the DropDownResourceView for the Adapter.  In my case I am using a ResourceArrayAdapter that pulls information from multiple sources.
// Setup a `MatrixCursor` for the static entries.
String[] matrixCursorColumnNames = {DatabaseHelper._ID, DatabaseHelper.NAME};
MatrixCursor matrixCursor = new MatrixCursor(matrixCursorColumnNames);
matrixCursor.addRow(new Object[]{-2, getString(R.string.first_spinner_item)});
matrixCursor.addRow(new Object[]{-1, getString(R.string.second_spinner_item)});
// Get a `Cursor` with the list of additional items from the database.
Cursor cursor = DatabaseHelper.getCursor();
// Combine `matrixCursor` and `cursor`.
MergeCursor mergeCursor = new MergeCursor(new Cursor[]{matrixCursor, foldersCursor});
// Create a `ResourceCursorAdapter` for the spinner with `this` context.  `0` specifies no flags.;
ResourceCursorAdapter resourceCursorAdapter = new ResourceCursorAdapter(this, R.layout.spinner_item, mergeCursor, 0) {
    @Override
    public void bindView(View view, Context context, Cursor cursor) {
        // Get a handle for the spinner item `TextView`.
        TextView spinnerItemTextView = (TextView) view.findViewById(R.id.spinner_item_textview);
        // Set the `TextView` to display the name.
        spinnerItemTextView.setText(cursor.getString(cursor.getColumnIndex(DatabaseHelper.NAME)));
    }
};
// Set the `ResourceCursorAdapter` drop drown view resource.
resourceCursorAdapter.setDropDownViewResource(R.layout.spinner_dropdown_item);
// Get a handle for the `Spinner`.
Spinner spinner = (Spinner) findViewById(R.id.spinner);
// Set the adapter for the folder `Spinner`.
spinner.setAdapter(resourceCursorAdapter);
Because ResourceCursorAdapter uses the same bindView to populate the spinner when it is open and closed, the id of the TextView in spinner_dropdown_item.xml and spinner_item.xml must be the same.
spinner_item.xml in the layout folder:
<?xml version="1.0" encoding="utf-8"?>
<TextView
    xmlns:android="http://schemas.android.com/apk/res/android"
    android:id="@+id/spinner_item_textview"
    android:layout_height="wrap_content"
    android:layout_width="match_parent"
    android:maxLines="1"
    android:ellipsize="end"
    android:paddingStart="10dp"
    android:paddingEnd="10dp"
    android:textSize="18sp"
    android:textColor="@color/primaryTextColor" />