Looking to trade with Austria Forex broker? Not sure which Austria based broker is best for you? Or need to verify if your broker is truly regulated by Australia FMA? 

We provide answers to all the questions in this article. We researched and compared over 20 Austria reputable Forex brokers including their regulation status, spread & commission, the time for deposit & withdrawal and many more findings.

FMA Regulated Forex Brokers in Austria

Austria Forex Brokers are recommended to become authorized by local authority Financial Market Authority (FMA) before they accept Austria traders. However, due to EU cross border ESMA and MiFID directives European licensed brokers can accept Austrian traders. See historical breakdown Austria FMA Wikipedia.

There is a guarantee in case of the broker insolvency protecting traders up to €20,000 per client as defined by MiFID. Traders can identify the number of your broker and check the record via FMA official website:  www.fma.gv.at

Best Forex Brokers Austria - FMA Regulation website
Best Forex Brokers Austria – FMA Regulation website

Best Online Forex Brokers in Austria

To find the best forex brokers in Austria, we research over 20 Austria brokers and compare Forex Brokers license, spread & commission, deposit withdrawal time, trading platform, education and tools, customer service and almost all details. Here is our list of the Best forex brokers in Austria.

  • IG – Best Overall Forex Broker Austria
  • Tickmill – Best for VIP account Austria
  • Interactive Brokers – Best Broker for day trading Austria
  • IC Markets – Best MT4 platform Austria

What makes a good Forex broker?

There are 4 keys make good Austria brokers including license, trading conditions, education & tools, and customer support.

  • Must have a FMA license or EU license and operate with EU cross-border registration for funds safety and to avoid shadow Brokers from offshore
  • Offer good trading conditions and competitive low spreads for various online trading markets and trading platform suitable for you
  • Provide quality education like Webinars, tutorial videos and research for good tools and knowledge
  • Run good customer service center supporting German language and quick response to solve traders issues

Top Forex Brokers Austria List & Review

We also narrow the list of numerous brokers based in Austria and including some popular European international brokers or German Brokers all Forex Brokers below are either regulated by FMA or holding license of reputable Forex brokers regulators in Europe that accept clients from Austria. In addition to 4 top Brokers mentioned above, here you can see which broker might fit your need the best.

Forex BrokerFMA Regulated / EU Cross-border licenseWhy they are our top picksOur Review
IGYesIG might be the best fit if you are looking for the best overall forex broker and Broker for Beginners. IG offers 12 markets (most brokers 4,5), 17000+ instruments, easy to trade platform, 100+ webinars per month and amazing customer support.Visit IG site

IG review
TickmillYesTickmill might be the best fit for VIP account trading. With NDD execution, powerful platform and tools the spreads are from 0.0 pips with 1 EUR commission per side only, while most brokers offering minimum 3-4$.Visit Tickmill site

Tickmill review
IC MarketsYesIC Markets are good for great research tools and MT4 platform. IC Markets providing MT4, MT5 and cTraders also with extra tools like Correlation Matrix, Chart Trading, PAMM and MAM accounts.Visit IC Markets site  

IC Markets Review
Interactive BrokersYesInteractive Brokers Forex should be the best for day trading and active traders. IB has great trading software, powerful tools, forum and analysis. IB is one of the largest Brokers, Best Forex Brokers for US traders with great instruments range as Future Trading Brokers, CFDs , Stock and Forex with low Interactive Brokers fees margin requirements and is ECN Interactive Brokers offices in US UK and worldwide.Visit InteractiveBrokers site  

Interactive Brokers
GKFXYesGKFX is best among Forex Prime Brokers list. It may best suit traders of bigger size, GKFX offering competitive trading conditions, spread are among most low we saw on Live Trading account, 0.67 for EUR USD pair.Visit GKFX site

GKFX Review
eToroYeseToro might be the best for Copy Trading and Social Trading. There are thousands (not hundreds – thousands) of top traders and copy trading portfolios. eToro is the best for number top traders and transparency of trader’s performance.Visit eToro site

eToro review
Plus500YesPlus500 might be the best among CFD Brokers. Plus500 offers some of the biggest range of CFDs worldwide, provide easy to use Best Brokers App Plus500 and good tools.Visit Plus500 site

Plus500 review

More on Austria Brokers

To get started with Forex trading in Austria and selecting the broker it is better to narrow selection with specified categories and compare Forex Brokers Reviews. See below some common questions answered.

No Dealing Desk Forex Brokers Austria

No Dealing Desk Forex Brokers directly connecting your trades to the market with our dealer intervention, this is good for transparency and trading execution, however check only among well-regulated brokers like XM, TMS Brokers provided by OANDA for no dealing desk execution.

Austria Best Forex Brokers for Beginners

Beginners should select broker with quality education and support service to start trading correctly, also test strategy via Demo Account Virtual Brokers provide. Best Beginners broker with offer good Webinars, courses and research tool. See IG Markets Education section.

Cryptocurrency Brokers Austria

Cryptocurrency Brokers in Austria are mainly CFD brokers offering Cryptocurrency CFDs. Check Forextime Broker, eToro Cryptocurrency and AxiTrader account, or GBE Broker Europe.

STP ECN Forex Brokers Ausrtia

Simlarly to Germany Forex Brookes, ECN Forex Brokers offering ECN accounts connecting trades via the bridging technology to the market. ECN environment providing RoboForex and FXTM.

Best Binary Options Brokers

Binary Options are banned due to the highest risks by most of world authorities and typically offered only by offshore and unregulated brokers considered shadow brokers.

Author of this review

By Jimmy O'Brien

Author of this review

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

Over 15 years experience in forex, commodities and equities markets research. He loves analyzing and trading the markets as a strategist and trader. In late 2019, Jimmy turned to researching and analyzing forex brokers. Now he and his team focus researching and comparing broker’s pros and cons.

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