Austria
  • Only reliable and regulated CFD providers (accounts); your funds are protected and segregated

  • Compare CFD brokers by trading features and tools, platforms, range of markets, and more

Online CFD Broker Comparison – Austria

Broker
xm broker
Markets
  • Common CFD Markets +
Platforms
  • WebTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

76% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • All clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance

  • All clients enjoy the same fair and ethical trading conditions regardless of their net capital worth

Broker
fpmarkets broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

Platforms
  • WebTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

71% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Trading Tools: VPS, Traders Toolbox, Forex Calculator

  • Transparent pricing and fast execution

Broker
xtb broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • ETFs

Platforms
  • xStation

  • xStation Mobile

  • No MetaTrader 4/5

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Apply

77% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Trader’s calculator, performance statistics, sentiment

  • Easy to use, fully customisable trading platform

Broker
pepperstone broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

Platforms
  • cTrader

  • MetaTrader 4

  • MetaTrader 5

  • Mobile & Tablet

Open Account
Apply

72% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Razor sharp pricing, with some of the most competitive spreads/commissions in the industry

  • Fast execution, no dealing desk intervention and deep liquidity along with award-winning 24/7 customer support

Broker
spreadex broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • Options

  • Bonds and Interest Rates

  • Exchange Traded Funds

Platforms
  • Proprietary

  • Mobile & Tablet

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Apply

58% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Even though SpreadEx don’t offer MT4, they make up for it with a humongous range of stocks to choose from

  • Simple but advanced trading platform to make your trading experience as pleasant as possible

Broker
cityindex broker
Markets
  • Common CFD Markets +
  • Cryptocurrencies

  • Options

  • Bonds and Interest Rates

Platforms
  • Proprietary AT Pro

  • WebTrader

  • MetaTrader 4

  • Mobile & Tablet

Open Account
Apply

67% of retail investors lose money when trading CFDs with this provider

Notable Benefits
  • Over 12,000 financial markets to choose from and trade on state of the art trading platform with free analytical and technical indicators; WebTrader and MT4 are also available to access all the markets on offer

  • EU (EEA) customers are NOT accepted

Finding a Reliable CFD Broker in Austria

Traders and investors from all walks of life recognise the need of choosing only licenced and trustworthy providers, but with so many CFD brokers to select from, they may feel confused and befuddled. Traders will have different requirements and needs based on their trading experience and goals, which is why it’s critical to review what brokers have to offer and how to make the most of the features and trading platforms available; the comparison table above makes it simple to see what each CFD broker has to offer, as well as their pros and cons. Let’s look at what to expect and how to make sure you’re dealing with the best CFD brokers.

Broker Regulations

When it comes to selecting a reputable Contracts For Difference broker, the first and most important factor to examine is regulation. Any broker who isn’t regulated should be avoided like the plague. Regulated companies are subject to more tighter restrictions as a result, ensuring that traders obtain the best deal possible and preventing rogues or unfair business practises from affecting others’ trading success.

When it comes to choosing a CFD broker, most traders make a split-second decision, and as a result, a large number of traders are quickly dissatisfied with the level of service they are receiving. Remember to check for limits as a first step to protect your money, personal data, and trading portfolio from unfair, illicit influence, so that your search proceeds as smoothly as possible.

Regulated brokers are allowed to do lawful transactional business in Austria, and given the nature of CFDs, traders should look for a broker who is registered with a competent regulatory authority to ensure the level of assurance and security that they require. To help traders and investors save time on research, only licenced CFD brokers are compared and assessed.

Reputation

You wouldn’t put your money in the hands of the first stranger you met on the street; instead, you establish an account with a respected bank, so why not do the same with CFD trading? If you want a good broker, you should look into its reputation and what other traders have to say about it. Fortunately, we’ve done the effort for you and combed online forums and review sites to ensure that we only include reliable CFD brokers; organisations with which you may trade comfortably and have a positive trading experience.

Spreads and Trading Fees

CFD brokers, like any other business, are in it to make money, which is why they charge their clients for each trade. It is vital to understand what costs brokers charge and how to minimise them in order to have a successful trading career.

Spreads, or the difference between ask and bid prices, are the primary source of profit for CFD brokers. Traders gain from tighter spreads since they pay the spread every time they make a deal. Brokers’ spreads (unless otherwise stated) are frequently volatile and change based on the underlying market conditions; we only list brokers with competitive spreads and transaction fees to ensure traders keep their trading costs as low as possible.

Overnight financing (swap rate) is a cost that traders pay for keeping their holdings overnight. Contracts for Difference (CFDs) are a leveraged instrument in which you borrow money from your broker and your broker charges you interest every night for holding your positions. This price is normally around the relevant interest rate benchmark +/-2.5 percent, and if you plan on holding your positions for an extended period of time, this fee can really eat into your profits, therefore you may want to consider a swap free account.

Hidden fees such as deposit and withdrawal charges or inactivity fees are no longer common; instead, CFD providers strive to make their pricing as straightforward and transparent as possible.

Choice of CFD Markets

CFDs are interesting because of the number of markets you can trade from a single account, which is why it’s vital to compare CFD brokers to guarantee you can trade the markets you desire. While all brokers have common markets (indices, stocks, currencies, and commodities), the number of stocks and other markets offered by each broker might vary greatly, ranging from 1,000 to 20,000. Make sure your broker offers the markets you want to trade before you open a CFD account.

Accounts and Features

CFD brokers will typically offer a variety of accounts to pick from based on your trading style, experience, and trading volume. Make sure you choose the best account for your trading needs, as this will save you a lot of time and confusion in the future.

If you are unsure about which account is appropriate for you, give them a call or contact them via live chat so they can advise you. This way, you can put their customer service to the test and end up with the perfect trading account; there’s no shame in asking for help; they’re there to help.

Austria’s Best CFD Trading Platforms

The CFD trading platform is an important tool that you should become familiar with and practise with to ensure that you understand how to place trades and orders. Some brokers will provide you with a choice of well-known platforms, while others will provide you with a free trading system. It is entirely up to you whatever trading platform you use; however, it is recommended that you start with a platform that you are comfortable with and understand, or that you spend some time learning how to use it effectively. You may always test a system by signing up for a free demo account and then switching to a real account once you’re ready to trade.

UI and Design

Trading platforms are all quite similar in style, and if you’re comfortable with one, you’ll be comfortable with another, so pick the one that appeals to you the most. Each platform is easily adjustable, allowing you to fine-tune and alter it to your preferences.

Numerous Trading Tools

Each platform will provide traders a set of trading tools, but the range of tools will vary significantly, so it’s vital to use the system that offers you the tools you need to trade successfully. Orders, charting tools, indicators, and the option to trade right from the graphs will all be available on the majority of platforms. That’s where the comparison table above comes in helpful, because it shows you which trading tools are available on each platform and which brokers provide additional free services.

If you are new to trading and are just getting started as a CFD trader, it is critical that you do not become overwhelmed by the number of tools available; just because your trading platform has some excellent capabilities, does not mean you must utilise them all at once. Utilize tools intelligently and only when necessary; just because your charting programme includes 50 indicators does not imply you must utilise all of them on every transaction.

Types of Orders

Each trader should employ orders, particularly stop loss orders, to limit losses. Before you begin trading, familiarise yourself with the order placement process to avoid misunderstanding and frustration during a live trade. Different platforms will handle orders differently; for example, some will want you to specify a price at which you wish to quit the trade, while others will require you to specify the number of “points” away from the current price. It is entirely up to you which orders to employ, if any; nonetheless, orders will save you time and help you maintain control of your emotions, as you will no longer need to sit in front of a monitor monitoring every tick and panicking when a transaction goes bad.

CFD Brokers to Choose from in Austria

Trading with a reputed and licenced CFD broker is an irrefutable fact that will make your trading career lot more pleasurable and rewarding. That is why it is critical for traders to compare and research CFD trading platforms and providers to ensure they are getting the best deal possible; it may appear hard and time-consuming at first, but it will pay off in the long run.

The best CFD brokers offer a secure trading environment, dependable trading platforms, exceptional customer service, and competitive pricing. Don’t take chances with your broker selection; instead, trade with reliable CFD brokers you can trust.

Is trading with a regulated broker required for me?

You can trade with whatever CFD broker you like, but the rules are in place to protect you from unscrupulous and dishonest providers. Because they must follow certain regulations and rules, regulated brokers give you additional peace of mind.

Is having a bigger number of CFD markets beneficial?

It depends entirely on the markets you desire to trade. Because most traders only trade frequently traded marketplaces, having tens of thousands of companies available on their trading platform is superfluous.

What trading platform should I use for CFDs?

The best CFD platform is one that provides all of the features and tools you’ll need to put your trading strategies into action and achieve your trading objectives; trade on a platform you’re comfortable with.

What about CFD trading commissions?

The CFD market is oversaturated, with exceptionally low spreads. The CFD brokers listed above provide some of the best spreads and swap rates in Austria.

Who is a reliable CFD broker in Austria?

Only you, as a trader, can decide which CFD broker is best for you based on your trading needs, experience, and preferences. Your broker must be reputable and licenced and provide you with the great service you deserve and require. In Austria, there are many reputable and EU regulated CFD brokers to choose from.