10 Best Forex Brokers in Austria

Edited by: Louis Schoeman

Forex Brokers 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!

 

10 Best Forex Brokers in Austria

 

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✅YesNone
🥉 Tickmill👉 Click Here✅Yes€93.34
🏅 IG👉 Click Here✅Yes€46.67

 

5 Best Forex Brokers in Austria (2024)

  1. ☑️ eToro- Overall, the Best Forex Broker in Austria
  2. ☑️ CMC Markets – Best Forex Broker for Beginners
  3. ☑️ Tickmill – High Austrian Trust Score
  4. ☑️ IG – Low  Minimum Deposit
  5. ☑️ Pepperstone – Award-Winning Broker Choice

 

eToro Review

 

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 LicensesCySEC, FCA, ASIC, FSA, FinCEN, FINRA
📉 Ease of Use5/5
📊 Support Hours24/5
💻 Trading PlatformseToro platform
💹 Account TypesStandard Retail Account
💴 Base CurrenciesUSD
🅰️ SpreadsFrom 1 pip EUR/USD
🅱️ Leverage1:30
💶 Currency Pairs55; minor, major, exotic pairs
💳 Minimum Deposit$50 USD
🚫 Inactivity Fee10 USD after 12 months of inactivity
📌 Website LanguagesEnglish, Italian, German, etc.
💰 Fees and CommissionsSpreads from 1 pip
🤝 Affiliate Program✅Yes
✖️ Banned CountriesCanada, Japan, Brazil, Turkey, North Korea, Iran, Cuba, Albania, Serbia, Sudan, and Syria
📈 ScalpingNone
📉 Hedging✅Yes
📊 Trading InstrumentsForex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs
🚀Open an Account👉 Click Here

 

eToro Overview

 

Pros and Cons

✅ Pros❌ Cons
Social tradingWithdrawal Fee
Low trading feesInactivity fee
Negative balance protectionConversion fees
User-friendly PlatformSingle 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 Review

 

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 Deposit0 USD
5️⃣ Ease of Use Rating5/5
🎁 BonusesYes
⏰ Support Hours24/5
🚀 Open an Account👉 Click Here

 

CMC Markets

 

Pros and Cons

✅ Pros❌ Cons
Next Generation platformHigh Fees

 

Our Insights

The Benefits of CMC Markets include a wide variety of Base Currencies, Multi-lingual Customer Support, and, educational materials.

 

Tickmill Review

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 FeeNone
📈 SpreadsFrom 0.0 pips on the Pro and VIP Accounts
📉 Leverage1:500
💶 Currency Pairs62, major, minor, and exotic pairs
📊 Scalping✅Yes
💹 Hedging✅Yes
🖱️ Trading PlatformsMetaTrader 4, MetaTrader 5, Tickmill App
⏰ Support Hours24/5
🚀 Open an Account
👉 Click Here

Tickmill Overview

 

Pros and Cons

✅ Pros❌ Cons
MetaTrader 4 and MetaTrader 5Limited range of instruments
Pro account with minimal commissionsLimited 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 Review

 

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
📌 Year Founded1974
👤 Amount of Staff2,000+
👥 Amount of Active Traders300,000+
📍 Publicly Traded✅Yes
🛡️RegulationFCA,
ASIC,
CFTC,
NFA,
BaFin
🌎 Country of RegulationUK,
Australia,
US,
Germany
↪️ Account Segregation✅Yes
🚨 Negative Balance Protection✅Yes
⭐ Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed AccountsNone
💴 Minor Account CurrenciesUSD, EUR, GBP
💶 Minimum Deposit$250
⏰ Average
Deposit/Withdrawal
Processing Time
1-3 business days
💷 Fund Withdrawal FeeNone
📈 Spreads from0.6 pips
📉 CommissionsNone
💰 Number of Base Currencies Supported5
📊 Swap FeesApplicable
⚙️ LeverageUp to 1:30 (Retail)
🔖 Margin RequirementsVaries by asset
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
⏲️ Order Execution Time0.1 seconds
🖱️ VPS Hosting✅Yes
✔️CFDs Total17,000+
📌 CFD Stock Indices80+
🍎 CFD Commodities30+
📍 CFD Shares12,000+
💴 Deposit OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
💶 Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
PayPal,
Skrill
🖥️ Trading PlatformsMetaTrader 4,
ProRealTime,
L2 Dealer,
IG Trading Platform
💻 OS CompatibilityWindows,
MacOS,
Android,
iOS
📐 Forex Trading ToolsEconomic calendar,
Autochartist,
Trading signals
🥰 Live Chat Availability✅Yes
💌 Customer Support Email✅Yes
☎️ Customer Support Contact Number✅Yes
💙 Social Media PlatformsFacebook, Twitter, LinkedIn
✏️ Languages SupportedMultiple languages
📔 Forex Course✅Yes
📚 Webinars✅Yes
📒 Educational ResourcesArticles,
Videos,
Tutorials
📑 Affiliate Program✅Yes
🗃️ Amount of PartnersNot specified
🗄️ IB Program✅Yes
📇 Notable Events or Teams✅Yes
🪙 Rebate Program✅Yes
💴 Cent or Micro AccountsNone
🚀Open an Account👉 Click Here

 

IG

 

Pros and Cons

✅ Pros❌ Cons
Access to over 17,000 instruments across marketsLimitations on customer support hours
Investing opportunities for high-volume tradersInactivity fees apply
Several advanced Trading platformsIG 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 broker review

 

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 DepositAU$200
📈 Account TypesStandard Account, Razor Account
💵 Base CurrenciesUSD, GBP
📉 SpreadsFrom 0.0 pips EUR/USD on the Razor Account
📊 Leverage1:500 (Pro), 1:200 (Retail)
💶 Currency Pairs70, minor, major, and exotic pairs
🚀 Open an Account
👉 Click Here

 

Pepperstone

 

Pros and Cons

✅ Pros❌ Cons
Fully digital account openingMostly CFDs offered
Great customer serviceBasic Trading Platforms

 

Our Insights

The benefits of trading with Pepperstone include Easy account registration, 24/7 Customer Support, and, Free Withdrawals.

 

Forex in Austria

 

The Vienna Stock and Commodity Exchange

The Vienna Stock and Commodity Exchange was established in 1876. The Wiener Börse has two departments: the Stock Exchange and the Commodity Exchange. Moreover, the Vienna Stock Exchange operates two markets: the Official Market and the Vienna MTF, 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.

 

The Vienna Stock and Commodity Exchange

 

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.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTCUSD 100Visit Broker
🥉Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewASIC, FCA, CySEC, SCBUSD 100Visit Broker
6Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
7Read ReviewBVI FSCUSD 1Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit 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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Faq

eToro has a diverse portfolio of 531 ETFs.

CMC Markets does allow Cryptocurrency Trading.

Tickmill trades cryptocurrencies, FX, stock indices, and other products.

IG provides a global service.

Standard, Razor, Swap-Free, and Demo.

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Best Forex Brokers