10 Best Forex Brokers in Austria
The 5 Best Forex Brokers in Austria – Rated and Reviewed. We have listed the Top Forex Brokers that accept traders in Austria.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Austria – a List
- Is Forex Trading Legal in Austria?
- The Best Forex Brokers for Beginners and Foreigners
- Cheapest, Low-Spread Forex Brokers in Austria
- Best Forex Brokers with Euro Accounts
- Low EUR (€) Minimum deposit Forex Brokers
and much, MUCH more!
5 Best Forex Brokers in Austria – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Austrian Traders | 💶 Min. Deposit (EUR) |
| 🥇 eToro | 👉 Click Here | ✅Yes | €9.33 |
| 🥈 CMC Markets | 👉 Click Here | ✅Yes | None |
| 🥉 Tickmill | 👉 Click Here | ✅Yes | €93.34 |
| 🏅 IG | 👉 Click Here | ✅Yes | €46.67 |
5 Best Forex Brokers in Austria (2024)
- ☑️ eToro- Overall, the Best Forex Broker in Austria
- ☑️ CMC Markets – Best Forex Broker for Beginners
- ☑️ Tickmill – High Austrian Trust Score
- ☑️ IG – Low € Minimum Deposit
- ☑️ Pepperstone – Award-Winning Broker Choice
eToro
eToro is a well-established and trusted Forex Broker with Copy Trading capabilities. CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, and, the SIPC regulate it. Additional safety features include Two-Factor Authentication (2FA) and sophisticated encryption protocols.
Accounts offered are Standard and Retail. The minimum deposit is 10 USD. Over 55 Currency Pairs are offered, including minor, major, and, exotic. A Proprietary Trading Platform is provided. The following trading instruments and products are available:
- 55 currency pairs
- 32 commodities
- 531 ETFs
- 21 indices
- 77 cryptocurrencies
- 4,610 stocks
Moreover, NFTs (Non-Fungible Tokens) are provided. Deposit and Withdrawal Options include Paypal, Debit Card, and, Neteller.
| 🔎 Broker | 🥇 eToro |
| 📈 Regulation and Licenses | CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, SIPC |
| 📉 Ease of Use | 5/5 |
| 📊 Support Hours | 24/5 |
| 💻 Trading Platforms | eToro platform |
| 💹 Account Types | Standard Retail Account |
| 💴 Base Currencies | USD |
| 🅰️ Spreads | From 1 pip EUR/USD |
| 🅱️ Leverage | 1:400 (eToro Seychelles Ltd) |
| 💶 Currency Pairs | 55; minor, major, exotic pairs |
| 💳 Minimum Deposit | From 10 USD (US) |
| 🚫 Inactivity Fee | 10 USD after 12 months of inactivity |
| 📌 Website Languages | English, Italian, German, etc. |
| 💰 Fees and Commissions | Spreads from 1 pip, zero commission fees |
| 🤝 Affiliate Program | ✅Yes |
| ✖️ Banned Countries | Canada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria |
| 📈 Scalping | None |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Social trading | Withdrawal Fee |
| Low trading fees | Inactivity fee |
| Negative balance protection | Conversion fees |
| User-friendly Platform | Single base currency |
Our Insights
The Benefits of trading with eToro include Copy/Social trading, crypto trading, and, a wide range of Educational resources.
CMC Markets
CMC Markets is a trusted and well-regulated Global Entity. BaFin, FCA, ASIC, MAS, FMA, IIROC, and, the DFSA regulate it. Additional security measures include Segregated Client Funds and cutting-edge encryption technology. Account offers are CFD, Spread Betting, and, Corporate. No minimum deposit is required.
Trading Platforms available are MetaTrader 4 and Next Generation. Furthermore, a proprietary trading app is provided. Base Currencies accepted include GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, and, SGD. The following trading instruments and products are available:
- Over 330 currency pairings, including major, minor, and exotic pairs
- 80+ indices
- 12 cryptocurrencies
- 9,500+ shares
- Share Baskets
- 50+ treasuries
Moreover, over 10,000 ETFs are available. Deposit and Withdrawals include Credit/Debit Cards, Bank Transfers, and, Online Banking.
| 🔎 Broker | 🥇 CMC Markets |
| 💴 Minimum Deposit | 0 USD |
| 5️⃣ Ease of Use Rating | 5/5 |
| 🎁 Bonuses | Yes |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Next Generation platform | High Fees |
Our Insights
The Benefits of CMC Markets include a wide variety of Base Currencies, Multi-lingual Customer Support, and, educational materials.
Tickmill
Tickmill is a trustworthy and highly regulated Online Forex and CFD Brokerage committed to a cost-effective trading environment. The Seychelles FSA, FCA, CySEC, Labuan FSA, and, the FSCA regulate it. Additional safety measures include SSL Encryption and the Segregation of Client Funds. Moreover, Tickmill participates in financial services compensation schemes.
Accounts offered are VIP, Classic, Pro, Islamic, and, Demo. The minimum deposit is 100 USD. Base currencies include USD, EUR, GBP, and, PLN. Trading Platforms available are MetaTrader 4 and MetaTrader 5. A Proprietary Tickmill App is available.
The following trading instruments and products are available:
- 2 currency pairings
- 23 Indices
- 3 energy contracts
- 4 precious metals
- 4 bond instruments
Moreover, a selection of eight cryptocurrencies is available. Deposit and Withdrawal options include China UnionPay, FasaPay, and, WebMoney.
| 🔎 Broker | 🥇 Tickmill |
| 💴 Minimum Deposit | $100 |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips on the Pro and VIP Accounts |
| 📉 Leverage | 1:500 |
| 💶 Currency Pairs | 62, major, minor, and exotic pairs |
| 📊 Scalping | ✅Yes |
| 💹 Hedging | ✅Yes |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✔️ Pros | ❌ Cons |
| MetaTrader 4 and MetaTrader 5 | Limited range of instruments |
| Pro account with minimal commissions | Limited Trading Platforms |
Our Insights
The benefits of trading with Tickmill include highly competitive trading terms, Leverage of up to 1:500, and, Multi-lingual customer support.
IG
IG is a well-founded, established, and, Trusted Forex and CFDs Provider. Ten Tier-1 Regulators govern it. Regulators include the FCA, BaFin, CySEC, FINMA, and, the DFSA. Multiple Accounts available include a CFD/DMA Trading Account, a Limited Risk Trading Account, and an Options Trading Account. The minimum deposit is 50 USD.
Trading Platforms include MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, and, FIX API. The following trading instruments and products are available:
- Eighty currency pairs, including major, minor, and exotic pairs
- More than eighty indices
- Over 10,000 shares
- More than 35 commodities
- Ten cryptocurrencies, including Ripple, Bitcoin, and Ethereum
- 33 futures contracts
- Twelve bonds
- Twenty options markets
- More than 6,000 ETFs
- 28 digital 100s
Moreover, the broker offers trading on six interest-rate markets. Deposit and Withdrawal Options include International Transfers, PayPal, and, ACH.
| 🔎Broker | 🥇IG |
| 📈 Regulation and Licenses | FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| 📉 Ease of Use | 4/5 |
| 📊 Support Hours | 24/7 |
| 💻 Trading Platforms | MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API |
| 💴 Base Currencies | USD |
| 📊 Spreads | From 0.1 pips DMA |
| 📌 Leverage | 1:222 (Pro), 1:30 (EU, UK, Retail) |
| 💸 Currency Pairs | 80+; major, minor, and exotic pairs |
| 💳 Minimum Deposit | From 50 USD (differs per region) |
| 🚫 Inactivity Fee | Yes, 12 USD after 2 years of inactivity |
| 📍 Website Languages | English |
| 💰 Fees and Commissions | Spreads from 0.1 pips, commissions from 0.10% |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to over 17,000 instruments across markets | Limitations on customer support hours |
| Investing opportunities for high-volume traders | Inactivity fees apply |
| Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The Benefits of trading with IG include one of the highest levels of safety and excellent educational resources.
Pepperstone
Pepperstone is a trustworthy and highly regulated Forex Broker. It provides competitive spreads on Contracts for Difference. ASIC, BaFin, CMA, CySEC, DFSA, FCA and, the SCB regulate it. Moreover, it utilizes numerous robust safeguards.
The Accounts offered are Standard, Razor, Islamic, and, Demo. The minimum deposit is AU$ 200. Trading Platforms are TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai. The following trading instruments and products are available:
- 70 Forex pairs, including major, minor, and exotic currency pairings
- 17 commodities
- 28 indices
- Over 1,000 shares
Moreover, there are 100 ETFs accessible for trading. Deposits and Withdrawal Options include MPesa, PayPal, and, Neteller.
| 🔎 Broker | 🥇 Pepperstone |
| 💴 Minimum Deposit | AU$200 |
| 📈 Account Types | Standard Account, Razor Account |
| 💵 Base Currencies | USD, GBP |
| 📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
| 📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
| 💶 Currency Pairs | 70, minor, major, and exotic pairs |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fully digital account opening | Mostly CFDs offered |
| Great customer service | Basic Trading Platforms |
Our Insights
The benefits of trading with Pepperstone include Easy account registration, 24/7 Customer Support, and, Free Withdrawals.
The Vienna Stock and Commodity Exchange
The Vienna Stock and Commodity Exchange was established in 1876. the Wiener Börse has had two departments; the Stock Exchange and the Commodity Exchange. Moreover, the Vienna Stock Exchange operates two markets: the Official Market and the Vienna MTF. The Vienna MTF is a multilateral trading facility.
Furthermore, the Wiener Börse AG owns and operates the Prague Stock Exchange, and holds stakes in energy exchanges and clearing houses.
In Conclusion
The Popularity of Forex Trading in Austria has seen a notable rise. Trading Forex in Austria is Legal and well-regulated by the Financial Market Authority (FMA) of Austria. Moreover, multiple International Brokers accept Austrian Traders.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker >> |
| 🥈 |  | Read Review | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | CySEC, MISA, FSCA | USD 5 | Visit Broker >> |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker >> |
| 6 |  | Read Review | FCA, FINMA, FSA, ASIC | USD 0 | Visit Broker >> |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker >> |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker >> |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker >> |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker >> |
Our Insights
While reviewing the Best Forex Brokers that accept Austrian Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Frequently Asked Questions
Can I Trade ETFs with eToro?
eToro has a diverse portfolio of 531 ETFs.
Can I trade Crypto with CMC Markets?
CMC Markets does allow Cryptocurrency Trading.
What can I trade with Tickmill?
Tickmill trades cryptocurrencies, FX, stock indices, and other products.
Is IG a Global Forex Broker?
IG provides a global service.
What accounts does Pepperstone offer?
Standard, Razor, Swap-Free, and Demo.
Top 4 Brokers
