Broker

Spread

for EURUSD

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details
CFDs are leveraged products and 73% of retail traders lose money when trading CFDs.Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Austria

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose
For Austria?

scored best in our review of the top brokers for austria, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages

offers one way to trade. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being segregating client funds, being established for over

Trust Score comparsion

Trust Score
Year Established
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you’ll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn’t available in the following countries: . They do not offer islamic accounts .

Part 3

A Comparison of vs. vs.


Want to see how stacks up against and ? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Platform
Services
Base currency options
Funding options
Micro account
ECN account

Part 4

Plus500

www.plus500.at

The Plus500 subsidiary operating in Austria is authorised within the EEA by the Cyprus Securities and Exchange Commission (CySEC). Its parent company, Plus500 UK Ltd, is authorised and regulated by the UK Financial Conduct Authority (FCA) to offer regulated products and services. This ensures significant levels of protection to clients based in Europe.

Founded in 2008, the company now boasts of more than 150,000 active customers. There are several factors that contribute to Plus500 being one of the top brokers for traders in Austria: their trading platform and website are available in 32 different languages, including German; they offer a free demo account to Austrian traders; and they offer their users a high level of support.

Furthermore, Plus500 provides access to an array of different markets including cryptocurrencies, stocks, shares, commodities, forex. Predominantly through contracts for difference (CFDs), clients can trade on indices, markets and shares for some of the largest companies in Austria and across Europe, such as the Austria 20, OMV, and the Germany 30. A variety of payment options are also accepted by the company including Visa/Mastercard, PayPal/Skrill, and direct bank deposits.

IG

www.ig.com.at

IG Markets Ltd. offers its products and services in Austria under the authorisation and regulation of the FCA (Financial Conduct Authority). With over 40 years of experience in providing financial instruments, IG is one of the most well-reputed trading companies in Austria, as well as globally. Headquartered in London, it has offices in Germany, Switzerland, Spain and 12 other countries across 5 continents.

IG’s vast trading platform allows CFD trading on many financial markets including commodities, Digital 100, indices, and shares; they are also a leading provider of forex and offer physical equities trading. Before starting to trade, clients can try out a free demo account with €10,000 of virtual currency.

IG has confirmed over 5 million orders per month on average and has an active customer base of over 150,000. IG accepts payments through Visa/Mastercard and direct bank deposits.

Clients in Austria also have access to an execution-only stockbroking service.

AvaTrade

www.avatrade.de

With more than 10 years in the industry, AvaTrade offer services for financial traders in over 150 countries, including Austria. The company’s European headquarters are located in Ireland and they are regulated by the Central Bank of Ireland for the provision of regulated products and services.

The AvaTrade platform offers traders access to more than 250 instruments including commodities, indices, forex, cryptocurrencies, and CFDs for stocks. The company have more than 200,000 registered customers conducting over 2 million trades a month.

AvaTrade have 11 offices worldwide, with the closest office to Austria located in Milan, Italy. A German language website and trading platforms are available for Austrian clients, and Euros can be selected as the primary currency for accounts. AvaTrade accepts payments through debit/credit card and wire transfer. Online wallets such as PayPal and Skrill payments are not available to EU and Australian customers.


Jump to top
Loading icon