5 Best Forex Brokers in Austria
We’ve listed the 5 Best Forex Brokers in Austria that offer secure and reliable access to global forex markets. Forex trading in Austria is legal and well-regulated under the supervision of the 🇦🇹 Financial Market Authority (FMA), ensuring high standards of transparency and investor protection. Austrian traders benefit from working with both locally supervised and internationally regulated brokers. They can trade a wide range of instruments, including major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies, through advanced trading platforms that emphasize security, competitive pricing, and efficient order execution.
5 Best Forex Brokers in Austria (2026)
- IG – Overall, the Best Forex Broker in Austria
- AvaTrade – Strong EU regulation under Irish oversight
- FXCM – Supports Trading Station, MT4, and automation
- XM – Tight spreads and 1,400+ instruments
- FP Markets – Strong balance between cost and performance
Top 10 Forex Brokers (Globally)
1. IG
IG operates legally and is fully authorized to serve traders in Austria. The broker is regulated by top-tier authorities, including the 🇬🇧 FCA and 🇩🇪 BaFin, ensuring full compliance with EU trading standards. Austrian traders gain access to IG’s secure platforms, competitive spreads, and transparent trading conditions.
| Feature | Details |
| Regulation | 🇬🇧 FCA 🇩🇪 BaFin 🇦🇺 ASIC |
| Availability | Fully available in Austria |
| Trading Platforms | MT4 IG Platform ProRealTime |
| Spreads From | 0.6 pips |
| Leverage (Retail) | Up to 1:30 |
| CFDs Offered | 17,000+ instruments |
| Account Protection | Segregated funds and negative balance protection |
 | Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Frequently Asked Questions
Is IG regulated to operate in Austria?
Yes, IG is regulated under 🇩🇪 BaFin and recognized within the EU MiFID II framework, allowing it to offer services to traders in Austria. This ensures full legal access, fund protection, and adherence to strict compliance standards.
Can Austrian traders open accounts directly with IG?
Yes, Austrian traders can register directly on IG’s official platform. They can fund accounts in euros, trade with leverage up to 1:30, and access more than 17,000 instruments through IG’s advanced web and MT4 platforms.
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Highly regulated globally | Minimum deposit $250 |
| Offers 17,000+ instruments | No high leverage for EU traders |
| Advanced trading platforms | Limited bonuses |
| Excellent education and tools | Some regional restrictions |
| Strong investor protection | Inactivity fees apply |
Our Insights
IG stands out as a trusted, EU-compliant forex broker for Austrian traders. It combines deep market access, cutting-edge platforms, and strong investor protection, making it an excellent choice for both new and experienced traders in Austria.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐⭐ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐⭐ |
2. AvaTrade
AvaTrade holds a valid EU licence via the 🇮🇪 Central Bank of Ireland (CBI) and operates fully in Austria under EU regulations. Austrian traders can open accounts, trade forex, CFDs, cryptocurrencies, indices, and stocks with regulated protections. The broker provides multiple platforms, competitive spreads, and accessible customer support for all EU clients.
| Feature | Statement |
| Regulatory coverage | EU licence via 🇮🇪 CBI allows Austrian traders to trade under full EU law |
| Trading offering | Forex, CFDs, crypto, indices, stocks, and commodities |
| Fixed‑spread appeal | Competitive fixed spreads starting around 0.9 pips for Austrian traders |
| Platform variety | MT4, MT5, proprietary platforms, and copy trading support |
| EU protections | Segregated client funds, investor compensation scheme in Ireland |
 | Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Crypto: Yes |
Frequently Asked Questions
Is AvaTrade directly licensed by the Austrian regulator?
No. AvaTrade does not hold a direct licence from the Austrian 🇦🇹 FMA. However, it operates legally in Austria using its EU passport under the 🇮🇪 Central Bank of Ireland licence. This allows Austrian traders to access all trading products under regulated EU rules with full investor protections.
Does AvaTrade accept retail forex traders living in Austria?
Yes. AvaTrade accepts Austrian retail traders, providing full access to forex, CFDs, cryptocurrencies, and indices. Traders benefit from regulated leverage limits, risk disclosures, and segregated client accounts. Austrian clients can also use popular platforms like MT4, MT5, and AvaTrade’s proprietary software to trade efficiently and securely.
| Minimum Deposit: $100 Regulated by: CBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Strong EU regulation (via 🇮🇪 Ireland) | Not directly regulated by Austrian 🇦🇹 FMA |
| Wide asset selection | Inactivity fees may apply |
| MT4, MT5, proprietary platforms | Spreads can widen during high volatility |
| Educational resources and social trading | Leverage limited for retail under EU rules |
| Accepts Austrian clients with EU-compliant onboarding | Some services tailored to other jurisdictions |
Our Insights
AvaTrade offers Austrian traders a safe and regulated environment to trade forex, CFDs, cryptocurrencies, and indices. While it lacks a direct 🇦🇹 FMA licence, it operates legally under its 🇮🇪 Central Bank of Ireland licence. The broker provides multiple platforms, competitive spreads, investor protections, and a wide range of trading assets for Austrian clients.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐⭐ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐⭐⭐ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐⭐ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3. FXCM
Top-tier frameworks in major jurisdictions regulate FXCM, but it does not hold a direct licence from the Austrian 🇦🇹 Financial Market Authority (FMA). Austrian residents must verify local eligibility and the broker’s cross‑border acceptance before opening an account to ensure regulatory compliance.
| Feature | Statement |
| Global brand presence | FXCM has longstanding global operations and brand recognition |
| Platform support | Offers major platforms such as MT4 and proprietary tools |
| Regulatory pedigree | Holds licences in leading jurisdictions (e.g., UK, Australia) |
| Diverse instruments | Offers forex, CFDs, and various trading tools |
| Educational resources | Provides market research, trading tools, and analysis |
 | Minimum Deposit: $50 Regulated by: FCA, ASIC, CySEC, FSCA Crypto: Yes |
Frequently Asked Questions
Does FXCM hold a licence specifically from the Austrian FMA for Austrian traders?
No. FXCM does not appear in the FMA’s list of authorised Austrian‑licensed brokers. Austrian clients would rely on EU passporting or other arrangements and must confirm that trading with FXCM complies with local Austrian regulations.
Can residents of Austria trade with FXCM even without an Austrian licence?
Potentially yes, but with caution. FXCM may accept Austrian traders through an EU-regulated arm or via cross‑border arrangements. Austrian traders should verify eligibility, client protections, and regulatory compliance before opening an account.
| Minimum Deposit: $50 Regulated by: FCA, ASIC, CySEC, FSCA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Established global broker with broad experience | No direct Austrian 🇦🇹 FMA licence |
| Wide range of trading instruments and platforms | Unclear if full Austrian client protections apply |
| Strong regulation in other jurisdictions | EU passporting complexity for Austrian residents |
| Established brand and reputation | Some historical regulatory issues elsewhere |
| Good platform variety and resources | Leverage may be limited under Austrian/EU rules |
Our Insights
FXCM offers Austrian traders a reputable global brokerage option with strong platform support and broad instrument access. However, because it lacks a specific Austrian 🇦🇹 FMA licence, Austrian clients must carefully confirm local eligibility, client protections, and regulatory alignment before trading. If those checks pass, FXCM can be a viable choice.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐☆☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
3 Best Forex Brokers in Austria – A Comparison
| Feature |  |  |  |
| Minimum Deposit | 250 USD | 100 USD | 50 USD |
| Spreads From | 0.6 pips | 0.9 pips | 0.2 pips |
| Commissions | None | None | None |
| Leverage | Up to 1:30 (Retail) | Up to 1:400 | 1:30 (UK), 1:400 (Other Regions) |
| CFDs Available | 17,000+ | Wide range (varies by platform) | Multiple asset classes |
| Trading Platforms | MT4 IG Platform ProRealTime | MT4 MT5 AvaTradeGO | MT4 Trading Station |
| Regulation | 🇬🇧 FCA 🇦🇺 ASIC 🇺🇸 CFTC 🇺🇸 NFA 🇩🇪 BaFin | 🇮🇪 CBI 🇻🇬 BVI 🇲🇺 FSC 🇦🇺 ASIC 🇿🇦 FSCA 🇯🇵 JFSA 🇯🇵 FFAJ | 🇬🇧 FCA 🇦🇺 ASIC |
| Account Segregation | Yes | Yes | Yes |
| Negative Balance Protection | Yes | Yes | Yes |
| Investor Protection | Yes | Yes | Yes |
| Affiliate/IB Program | Yes | Yes | Yes |
| Open an Account |  | | |
4. XM
XM holds a licence under the 🇨🇾 Cyprus Securities and Exchange Commission (CySEC) and operates across the European Economic Area, enabling its services to Austrian residents. Austrian traders can open accounts at XM and access forex and CFD trading with EU‑compliant protections.
| Feature | Statement |
| EU regulatory coverage | Operates under CySEC licence allowing Austrian access |
| Low minimum deposit | Offers account types with low entry threshold for Austrian clients |
| Platform variety | Supports MetaTrader 4 and MetaTrader 5 for Austria‑based traders |
| Broad product range | Provides forex, CFDs, indices, commodities accessible in Austria |
| Strong brand reputation | Established global broker trusted by Austrian traders |
 | Minimum Deposit: $5 Regulated by: FSC Crypto: Yes (not available under CySEC (EU) or DFSA (MENA). |
Frequently Asked Questions
Does XM have a specific licence from the Austrian Financial Market Authority (FMA)?
No. XM does not hold a direct licence from the Austrian FMA. It operates under its CySEC licence issued in Cyprus, which allows it to serve clients in Austria via the EU passport mechanism.
Can traders living in Austria open a live account with XM?
Yes. Austrian residents are eligible to open a trading account with XM, subject to identity verification and regulatory compliance under the CySEC‑regulated entity. XM supports EUR accounts, various account types, and offers full forex trading access to Austrians.
| Minimum Deposit: $5 Regulated by: FSC Crypto: Yes (not available under CySEC (EU) or DFSA (MENA). |
Pros and Cons
| ✓ Pros | ✕ Cons |
| EU regulation via 🇨🇾 Cyprus allows Austrian access | No direct Austrian 🇦🇹 FMA licence for XM |
| Low starting deposit suits Austrian beginners | Leverage limited by EU retail rules for Austrian clients |
| Multiple account types and platform options | Some account types or bonuses may exclude Austrian residents |
| Access to a wide range of instruments in Austria | EU regulatory disclosures may restrict some features for Austrian users |
| Recognised global brand with Austrian presence | Austrian traders may face standard European restrictions rather than country‑specific benefits |
Our Insights
XM provides Austrian traders a secure way to trade forex and CFDs under EU regulation via its 🇨🇾 CySEC licence. Although it lacks a direct Austrian 🇦🇹 FMA licence, it accepts Austrian clients through EU authorisation, offers low deposit accounts, multiple platforms, and a diverse range of instruments, making it a reliable option for Austria.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐☆ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐⭐ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐⭐☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐☆ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5. FP Markets
FP Markets holds a licence under the 🇨🇾 Cyprus Securities and Exchange Commission (CySEC) and serves clients across the European Economic Area, including Austria. Austrian traders can access FP Markets under its European arm and benefit from regulatory protections, multi‐platform access, and a wide range of instruments.
| Feature | Statement |
| European licence | Operates under CySEC which allows access for Austrian clients |
| Wide instrument variety | Offers 10 000+ instruments including forex, CFDs, commodities |
| Platform diversity | Supports MetaTrader 4, MetaTrader 5, cTrader and others |
| Competitive pricing | Claims raw spreads from 0.0 pips for Austrian traders |
| Institutional grade features | No Dealing Desk model, strong liquidity, global infrastructure |
 | Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Frequently Asked Questions
Does FP Markets hold a licence from the Austrian Financial Market Authority (FMA)?
No. FP Markets does not hold a direct licence from the Austrian FMA. It operates under its CySEC licence, which allows service provision into Austria by virtue of EU passporting and cross‑border regulation.
Can Austrian residents open a live account with FP Markets?
Yes. Austrian residents appear eligible to open live accounts with FP Markets via its European entity. Sources list Austria among supported countries and note that Austrian clients may trade under the CySEC-regulated branch.
| Minimum Deposit: $100 Regulated by: ASIC, CySEC, FSCA, FSA, FSC, CMA Crypto: Yes |
Pros and Cons
| ✓ Pros | ✕ Cons |
| Access via strong EU regulation (CySEC) | No direct Austrian FMA licence |
| Very wide range of tradable markets | Leverage capped for retail under EU law for Austrian clients |
| Multiple advanced platforms available | Some account features may differ for Austrian domiciled clients |
| Transparent cost structure for raw accounts | Minimum deposit may still be higher than ultra‑low brokers |
| Eligibility clearly includes Austria in supported list | Some protections may depend on onboarding entity and country |
Our Insights
FP Markets offers Austrian traders a legitimate, regulated route to trade forex and CFDs through its European‑licensed arm under CySEC. While it lacks a direct Austrian FMA licence, it accepts Austrian clients, provides a wide instrument choice, multiple platforms, and a competitive cost structure. For Austrian traders seeking an EU‑compliant broker with broad offerings, FP Markets represents a strong option.
| # | Criteria | Score |
| 1 | Overall Rating and Trust Score | ⭐⭐⭐⭐☆ |
| 2 | Range of Investments, Platforms and Tools | ⭐⭐⭐⭐⭐ |
| 3 | Commissions, Fees, and Bonus Offers | ⭐⭐⭐⭐☆ |
| 4 | Research and Education | ⭐⭐⭐⭐☆ |
| 5 | Mobile Trading and User Experience | ⭐⭐⭐⭐☆ |
| 6 | Customer Support and Regulatory Compliance | ⭐⭐⭐☆☆ |
| 7 | Deposit and Withdrawal Option | ⭐⭐⭐☆☆ |
| 8 | Execution Speed and Order Types | ⭐⭐⭐⭐⭐ |
| 9 | Risk Management and Safety Measures | ⭐⭐⭐⭐☆ |
| 10 | Markets Analysis and Trading Tools | ⭐⭐⭐⭐☆ |
5 Best Forex Brokers in Austria – Head to Head
| Highly trusted and long established global broker. | |  |
| Fixed spreads and user friendly trading platforms. | | |
| Supports Trading Station, MT4, and automation. | | |
 | Low minimum deposit and beginner-friendly accounts. | | |
 | Over 10,000 instruments across asset classes. | | |
Forex Trading in Austria – Quick Overview
Forex trading in Austria is legal and well-regulated under the supervision of the 🇦🇹 Financial Market Authority (FMA). Austrian traders enjoy a secure and transparent trading environment thanks to strict EU financial standards and client protection measures. Most brokers operating in Austria are licensed under EU MiFID II regulations, allowing traders access to both local and international markets.
Traders in Austria can use globally recognized platforms such as MetaTrader 4, MetaTrader 5, cTrader, and proprietary web platforms, offering access to major and minor currency pairs, commodities, indices, cryptocurrencies, and shares. The trading environment is highly competitive, with tight spreads, strong leverage controls, and high levels of investor safety.
Pros and Cons of Forex Trading in Austria
| ✓ Pros | ✕ Cons |
| Strong FMA and EU regulation | Leverage capped at 1:30 |
| High trader protection standards | Strict account verification |
| Access to top global brokers | No local forex-only brokers |
| Secure client fund segregation | Limited promotional bonuses |
| Advanced trading technology | Tax obligations on profits |
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In Conclusion
Austria offers a stable and transparent environment for forex trading, supported by strong EU regulations and reputable international brokers. With access to advanced trading technology, educational resources, and strict investor protection, Austrian traders are well-positioned to trade confidently in global markets.
Faq
Yes, forex trading is fully legal and supervised by the Financial Market Authority (FMA).
Yes, as long as the broker is EU-regulated or recognized by the FMA.
Popular options include MT4, MT5, and proprietary trading platforms.
Yes, trading profits are subject to capital gains tax under Austrian law.
EU regulations cap leverage for retail traders at 1:30 on major forex pairs.
