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BEST BROKER IN AUSTRIA

Best Forex & CFD Brokers in Austria

Top CySEC-regulated brokers, ranked by our disclosed methodology. A CySEC licence carries the right to passport services into Austria under MiFID II, but passporting works via a per-country notification the firm's home regulator files on its behalf -- it isn't automatic, and which specific products or account types are actually offered can vary by entity and by country even where notification is in place. Treat "CySEC-regulated" as confirmation of the licence, not a guarantee that every broker below is actively onboarding Austria retail clients today -- confirm directly with the broker. Brokers we cover whose only licence is offshore (e.g. Seychelles FSA) aren't EU-passportable at all and are left out of this page for that reason -- see our full reviews for those.

Austria joined the EU in 1995 and has used the euro since the currency's launch. Retail CFD and forex trading is supervised domestically by the FMA (Finanzmarktaufsicht), which enforces the same EU-wide leverage caps and risk-warning rules that apply to every CySEC-licensed broker passporting into the country.

Austrian retail investors are historically more exposed to traditional bank-distributed savings and investment products than to leveraged CFD trading, so the market is smaller and more niche than in several larger EU economies -- worth knowing before comparing marketing claims from any provider.

Base currency: EUR (eurozone) · Local regulator: FMA (Finanzmarktaufsicht) · EU member since: 1995

Applicable EU regulatory framework

Any broker serving Austria retail clients operates under MiFID II, the EU-wide framework covering investment firms, plus the retail-facing product intervention rules ESMA introduced in 2018 (leverage caps, standardized risk warnings, negative balance protection, and a ban on bonus incentives). A CySEC (or other EU member-state) licence is the precondition for legally offering these services anywhere in the EU/EEA, but the firm must also complete a MiFID passporting notification for Austria specifically -- it is not automatic just because the firm is licensed somewhere in the EU.

Investor compensation arrangements

This is the detail most broker-comparison content glosses over: investor compensation for a passported broker (the large majority of brokers on this site, relative to Austria) comes from the broker's home-country scheme, not a Austria-specific one. For a CySEC-licensed entity, that means Cyprus's Investor Compensation Fund (ICF), covering eligible retail clients up to €20,000 per person if the firm fails -- the same cover regardless of which EU country the client lives in. A UK FCA entity instead carries the UK's FSCS cover, up to £85,000 per person, via a separate licence that doesn't passport from the EU side at all post-Brexit.

No broker in our researched set is confirmed to hold a Austria-licensed entity specifically (as opposed to a passported CySEC or other EU entity), so no Austria-specific compensation scheme applies to any broker reviewed here -- it's the home regulator's scheme in every case. See our investor compensation schemes page for the general mechanics.

Leverage rules

Retail leverage is capped under the same ESMA-derived limits across every EU member state, Austria included: 30:1 on major currency pairs, 20:1 on non-major pairs/gold/major indices, 10:1 on other commodities and non-major indices, 5:1 on individual equities, and 2:1 on crypto-asset CFDs. Clients who qualify as "professional" under MiFID II's elective-professional criteria (meeting at least two of: a sufficiently large portfolio, relevant trading frequency/experience, or relevant industry employment) can apply for higher leverage, but lose the retail-specific protections -- including, notably, negative balance protection -- that come with those caps.

Taxation overview

Non-securitised derivatives (the category forex/CFDs are generally understood to fall into) are, since Austria's 2022 eco-social tax reform, eligible for the flat 27.5% special capital-gains rate if the broker voluntarily withholds Austrian KESt (tax at source); otherwise the gain must be self-declared, though the special rate can still often be applied on request. Losses on non-securitised derivatives can only be offset against same-category private capital income in the same year -- no carryforward. No primary Austrian tax-law source was found explicitly naming spot forex/CFDs as "non-securitised derivatives" -- this is the standard interpretation in secondary/tax-advisory sources, not confirmed verbatim against the EStG text. Consult an Austrian Steuerberater for your specific position.

General overview only, not tax advice -- rules change and depend on your personal circumstances (including whether you're classified as trading as a business). Confirm your specific position with a local tax advisor.

Local deposit methods

EPS (eps-Ueberweisung) is Austria's dominant domestic bank-transfer rail generally (an estimated 15-20% of Austrian e-commerce volume), but no evidence was found that forex/CFD brokers commonly offer it as a deposit method -- broker comparison sites for Austria list cards, SEPA wire, and e-wallets instead.

Local restrictions beyond the EU baseline

The FMA's Product Intervention Measures regulation (in force since 15 May 2019) made ESMA's then-temporary CFD/binary-options measures permanent under Austrian law, with minor Austria-specific tweaks to risk-warning wording -- in substance the EU baseline made permanent nationally, not a materially different extra layer.

Brokers with an actual local entity or office

None of the brokers in our researched set are confirmed to be headquartered in Austria, or to hold a Austria-licensed entity specifically -- every broker ranked below passports in under its EU licence from elsewhere (typically Cyprus). We don't have comprehensive data on which brokers have filed a branch-level or local-office notification short of full headquarters, so we don't claim one here rather than guess.

BrokerAvg. spreadPlatformsScore
01 AvaTrade EU-regulated (MiFID passporting) + FSA Seychelles No. SD033 · est. 2006 0.93 pips (EUR/USD) Proprietary (AvaTradeGO), MT4, MT5, DupliTrade, ZuluTrade 4.1 / 5 Read review Visit Broker
02 ThinkMarkets CySEC No. 215/13 + FCA No. 629628 + FSA Seychelles No. SD060 · est. 2010 1.1 pips (EUR/USD) MT4, MT5, TradingView, Proprietary (ThinkTrader) 4.01 / 5 Read review Visit Broker
03 Exness CySEC No. 178/12 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD025 · est. 2008 0.2 pips (EUR/USD) MT4, MT5, Proprietary (Exness Terminal) 3.97 / 5 Read review Visit Broker
04 CFI EU-regulated (MiFID passporting) + FCA No. 828955 + FSA Seychelles No. SD107 · est. 1998 0.4 pips (EUR/USD) MT5, cTrader, TradingView, Proprietary (CFI Trading App) 3.88 / 5 Read review Visit Broker
05 IG CySEC No. 309/16 + FCA No. 195355 · est. 1974 0.6 pips (EUR/USD) Proprietary, MT4, ProRealTime 3.81 / 5 Read review Visit Broker
06 Pepperstone CySEC No. 388/20 + FCA No. 684312 + FSA Seychelles-licensed (licence number unconfirmed) · est. 2010 1.1 pips (EUR/USD) MT4, MT5, cTrader, TradingView 3.75 / 5 Read review Visit Broker
07 HF Markets CySEC No. 183/12 + FCA No. 801701 + FSA Seychelles No. SD015 · est. 2010 1.2 pips (EUR/USD) MT4, MT5, Proprietary (HFM App) 3.73 / 5 Read review Visit Broker
08 FOREX.com CySEC No. 400/21 + FCA No. 446717 · est. 1999 1 pips (EUR/USD) Proprietary, MT4, MT5, TradingView 3.59 / 5 Read review Visit Broker
09 FP Markets CySEC No. 371/18 + FSA Seychelles No. SD130 · est. 2005 1 pips (EUR/USD) MT4, MT5, cTrader, TradingView 3.59 / 5 Read review Visit Broker
10 FXCM CySEC No. 392/20 + FCA No. 217689 · est. 1999 1.3 pips (EUR/USD) Trading Station (proprietary), MT4, ZuluTrade, NinjaTrader 3.54 / 5 Read review Visit Broker

Ranked using our disclosed overall broker score (nine weighted categories, led by regulation & client protection and trading costs) -- every broker here holds a CySEC licence capable of being passported into Austria, not a confirmed, currently-active local notification for each one (see the nuance above). We don't have independent country-level trading-volume or market-share data, so this reflects broker quality and, where applicable, a confirmed local headquarters -- not measured local popularity. See our comparison tool to compare any two directly, or the leverage guide for what the EU-wide ESMA rules mean for your account.

Austria-specific FAQs

Is CFD/forex trading legal in Austria?

Yes, if offered by an FMA-authorized firm or an EU firm passporting in; binary options are banned for retail clients under a permanent FMA rule since 2019.

Do I have to declare my CFD/forex profits to the Finanzamt?

Generally yes, unless your broker voluntarily withholds Austrian KESt on your behalf. This is a general overview only -- confirm your specific situation with a Steuerberater.

Regulatory sources

Austria: FMA (Finanzmarktaufsicht) (official site) · EU-wide: ESMA · Broker licensing: our CySEC regulation page