5 Best Austria Forex Brokers (October 2025)

In Austria, investors can access a well-regulated Forex market, but selecting the right broker remains crucial.  Austria’s Forex brokers must be authorised by the Austrian Financial Market Authority (FMA) or passported under an EU regulator.  Below, we look at 5 of the top Forex brokers servicing Austrian investors at the time of writing.  Before funding an account, always confirm that each broker remains authorised by the FMA or its EU equivalent.

Considerations Before Trading in Austria

Regulatory Compliance and Security: Verify the broker’s authorisation status with the Austrian FMA or a reputable EU regulator (e.g., CySEC, FCA).  Ensure robust measures—such as segregated client funds and SSL encryption—are in place to protect your capital and personal data.

Trading Platforms and Tools: A smooth trading experience depends on platform stability and feature-rich tools.  Look for real-time price feeds, advanced charting, expert advisors (EAs), mobile apps, and the availability of demo accounts to practise without risk.

Fees, Costs, and Account Features: Understand spreads, commissions, overnight financing (swap) rates, and any inactivity or withdrawal fees.  Compare minimum deposit requirements, leverage options (up to 1:30 for retail clients in Europe), and account types—standard, pro, VIP—that best suit your strategy.

Warning: Forex trading involves significant risk. You should only trade with capital you can afford to lose.

1. eToro

eToro combines social trading with multi-asset CFD trading, allowing Swiss traders to trade a range of assets, including Forex, stocks, ETFs, commodities, and cryptocurrencies.  Founded in 2007, eToro is regulated by CySEC (EU passport to Austria), FCA and ASIC, and offers:

• Competitive Spreads: From 1 pip on major pairs.
• Social & Copy Trading: Copy top traders or share your own strategies within a 30 million-member community.
• User-Friendly Interface: Intuitive web and mobile apps, with advanced charting tools, price alerts, and risk management features (Stop Loss, Take Profit, Zero Balance Protection).
• Demo Account: $100,000 in virtual funds to practise without risk.

eToro’s all-in-one platform makes it ideal for traders who value community insights alongside market access.  Its social trading network allows Austrian investors to observe and replicate real-time strategies from seasoned professionals.  At the same time, the built-in risk controls and Zero Balance Protection give users confidence that they will never lose more than the funds they deposit.  The combination of competitive spreads and a $100,000 virtual account ensures that newcomers can learn without financial exposure and that experienced traders can experiment with sophisticated tools before deploying live capital.

Visit eToro →

Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Residents of Brazil, China, Georgia, Greece, Japan, North Korea, Portugal, Russia, South Korea, Turkey, Ukraine, and Vietnam are prohibited. Full list of restricted countries can be found here.

2. IG

IG is a UK-based broker regulated by the FCA and CySEC, offering Austrian traders access to over 17,000 markets, including Forex, indices, commodities, shares, and more.  Known for its advanced platforms and research tools, IG provides:

• Wide Market Access: Trade Forex alongside shares, indices, commodities, and cryptocurrency CFDs.
• Educational Resources: Webinars, tutorials, and in-depth market analysis to support all experience levels.
• Transparent Pricing: Competitive spreads with no hidden fees and clear margin requirements.

IG’s comprehensive offering makes it a strong choice for Austrian traders seeking both Forex and a broad range of other instruments.  The broker’s commitment to transparent pricing and robust educational content helps users build confidence, while its professional-grade platforms—IG Trading and MT4—ensure reliable execution and sophisticated analysis tools.

Visit IG →

Warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

3. XM

XM is renowned for its global reach and client-centric approach, licensed by CySEC, ASIC, and IFSC.  Key features for Austrian traders include:

• Low Spreads: From 0.6 pips on major currency pairs.
• Flexible Leverage: Up to 1:30 for retail clients in Europe, higher for professionals.
• Multiple Account Types: Micro, Standard, and XM Ultra Low accounts to fit different trading volumes and styles.
• Generous Bonuses: Periodic deposit bonuses and loyalty programs (check local eligibility).

XM’s broad range of account options makes it suitable for both conservative traders and high-volume professionals.  Offering spreads as low as 0.6 pips and leverage up to 1:30 under EU rules allows Austrian traders to tailor risk and reward to their individual strategies.  The tiered account structure ensures that small-scale investors and seasoned institutions alike can find a cost structure that meets their needs, all while benefiting from loyalty incentives that reward ongoing activity.

Visit XM →

4. BlackBull Markets

BlackBull Markets, authorised by New Zealand’s FMA and via EU passporting, offers Austrian traders institutional-grade conditions through MT4, MT5, and cTrader:

• Raw Spreads: From 0.0 pips with a small commission per lot.
• Institutional Liquidity: Direct access to Tier-1 bank pricing.
• Fast Execution: Average order flow times under 30 ms.
• 24/5 Support: Dedicated account managers and multilingual customer service.

BlackBull Markets appeals to professional traders seeking institutional-level trading conditions.  With raw spreads from zero pips, competitive commission rates, and sub-30ms execution speeds, Austrian investors can execute high-frequency or algorithmic strategies with minimal latency and maximum transparency.

Visit BlackBull Markets →

5. Pepperstone

Pepperstone, regulated by ASIC, FCA, DFSA, and CySEC EU, provides Austrian traders with advanced execution and automation:

• Ultra-Low Spreads: From 0.0 pips on Razor accounts (MT4/5 & cTrader).
• Multi-Platform Support: MT4, MT5, cTrader, and TradingView integration.
• Auto-Trading: Support for Expert Advisors, ZuluTrade, and Myfxbook.
• Free VPS: Complimentary VPS hosting for automated strategies.

Pepperstone distinguishes itself through its robust technological ecosystem, seamless platform integrations, and support for automated trading.  Austrian traders can leverage razor spreads, low commissions, and complimentary VPS hosting to run expert advisors and algorithmic strategies reliably.

Visit Pepperstone →

Summary

While there are various other reputable brokers that operate in Austria, this list highlights five of the best.  Austrian investors of all experience levels should find something to their liking, with each broker vetted for regulatory compliance, competitive pricing, platform quality, and support. When choosing your broker, remember to:

• Do your due diligence on regulation, fees, and platform stability.
• Diversify your trading strategies and risk exposure.
• Deploy risk management tools like stop-loss and take-profit orders.
• Dollar-cost average where appropriate to smooth out market volatility.
• Discuss any uncertainties with a qualified financial advisor.

Whether you seek social trading, institutional spreads, or advanced automation, this guide should help you find the broker that best suits your Forex objectives in Austria.