Best Online Brokers in Austria in 2026 (compared)

Interactive Brokers leads the list as one of the best online brokers in Austria.

Founded in 1978, Interactive Brokers is one of the largest international brokers, listed on NASDAQ (ticker: IBKR). It’s regulated by multiple international top-tier authorities, with no minimum deposit requirement. Austrian investors are typically served by Interactive Brokers Ireland Ltd, regulated by the Central Bank of Ireland (CBI), which provides EU passporting that covers Austria.

IBKR caters to both beginners and professional investors looking for any type of financial product (stocks, ETFs, bonds, options, futures, forex, commodities, and more), with an easy-to-use platform, advanced technical and fundamental trading tools, and strong educational resources.

Interactive Brokers supports a wide range of account base currencies, including EUR, USD, GBP, and many others. Account funding is via bank transfer only. The broker offers some of the tightest spreads and lowest commissions in the industry, with a tiered commission structure that scales with your monthly trading volume – giving Austrian investors access to 150+ markets across 30+ countries, including Wiener Börse, major US exchanges, Frankfurt/Xetra, and most major European and Asian markets from a single account.

For investors who prefer to trade on the go, Interactive Brokers offers the IBKR Mobile app, providing convenience and advanced functionality. IBKR GlobalTrader is another mobile trading app designed for simple, accessible global trading. It supports fractional shares from $1 and a paper trading mode with $10,000 in simulated cash – well-suited to newer investors easing into the ecosystem.

On the downside, the main IBKR platforms (Trader Workstation, IBKR Desktop) can feel overwhelming if you’re new to investing. Fortunately, IBKR offers extensive educational materials and video tutorials, and GlobalTrader provides a smoother entry point for beginners.

One important consideration for Austrian investors: IBKR doesn’t act as a KESt-withholding agent (kein KESt-Abzug an der Quelle). This means Austrian residents using IBKR need to declare investment income and capital gains themselves through the annual Einkommensteuererklärung and pay the 27.5% KESt manually – a more involved process than with domestic Austrian brokers (like Flatex, Erste Bank, easybank, or DADAT) which automatically handle KESt at source. If simplified Austrian tax reporting is a priority for you, that’s worth weighing against IBKR’s substantial advantages on cost, market access, and product range.

Want to know more? Check our comprehensive Interactive Brokers review and visit IBKR’s website.

Another exceptional trading platform in Austria is eToro, an international online broker with over 40 million users who trade stocks, ETFs, forex, commodities, real cryptocurrencies, and CFDs. It went public on NASDAQ (ticker: ETOR) in May 2025 – a notable credibility milestone. It’s known for its social trading feature, which lets you copy the trades of other experienced investors. There are thousands of verified traders on eToro, and you can choose who to follow based on past Return on Investment (ROI), risk profile, and other factors.

The eToro platform gives users access to thousands of financial instruments, including stocks and ETFs across major US and European exchanges (including Frankfurt/Xetra and Wiener Börse). Users can also invest in Smart Portfolios – ready-made baskets that combine multiple assets or top traders around a particular theme or strategy.

eToro offers commission-free ETF trading in Austria. Stock trades carry a $1 commission on most US, EU, and UK markets, with $2 on some other exchanges (Australia, Hong Kong, Dubai, Abu Dhabi).

Opening an account and depositing is straightforward, and you can practise with a free demo account ($100,000 in virtual funds) before committing real money. On the downside, spreads can be wider on some products than at specialist brokers, withdrawals carry a $5 fee with a $30 minimum, and the only base currency is USD – so Austrian investors funding in EUR will be charged a currency conversion fee on deposits and withdrawals. Note also that eToro doesn’t withhold KESt at source – Austrian investors handle their own 27.5% Kapitalertragsteuer reporting through the annual Einkommensteuererklärung.

If you’d like to learn more, check our eToro review.

Founded in 2002, XTB is a major player in the brokerage industry with extensive worldwide experience. It’s regulated by multiple top-tier authorities including the FCA (UK), KNF (Poland), CySEC (Cyprus), and DFSA (Dubai), and is listed on the Warsaw Stock Exchange (ticker: XTB). XTB now serves over 1.9 million clients globally.

XTB offers 0% commission on real stocks and ETFs up to €100,000 of monthly turnover (a 0.2% commission, €10 minimum, applies above that threshold), with fractional shares from €10 and an Investment Plan feature for recurring ETF investing. It also offers CFDs on stocks, ETFs, indices, forex, commodities, and cryptocurrencies for those who want leveraged exposure – though CFDs are complex, higher-risk instruments and a majority of retail accounts lose money trading them.

Opening an account and transferring funds is quick and hassle-free. For beginners, XTB offers a free demo account where you can practise as if with real money, alongside a strong library of educational tools. For intermediate and advanced investors, the platform provides plenty of technical and fundamental analysis tools to help inform your decisions.

XTB also offers other financial products including commodities and cryptocurrencies (through CFDs). Spreads on crypto CFDs are on the higher side, while forex spreads are competitive. Note that XTB charges an inactivity fee of €10/month after 12 months of no trading, if you also haven’t deposited in the previous 90 days. XTB doesn’t withhold KESt at source for Austrian residents, so you’ll handle your own 27.5% Kapitalertragsteuer reporting through the annual Einkommensteuererklärung.

Still have questions? Go through our XTB review.

Founded in 2014, Scalable Capital is a German fintech offering two distinct services: Brokerage (where you can trade shares, ETFs, funds, crypto ETPs, and derivatives, and invest via savings plans) and Wealth (a robo-advisor service where Scalable manages a personalised portfolio for you). It’s one of the largest digital brokers in the DACH region (Germany, Austria, Switzerland) with over 1 million clients and is a particularly natural fit for Austrian investors thanks to its German base and DACH-focused product range.

On the brokerage side, the product range is extensive: 8,000+ shares, 2,500+ ETFs, 2,000+ funds, 100+ crypto ETPs, and 700,000+ derivatives. Scalable offers three pricing tiers:

• Free Broker (€0/month): €0.99 per trade on most products, free trading on a curated list of “PRIME ETFs” with savings plans.
• PRIME+ (~€4.99/month): commission-free trading on all stocks, ETFs, and ETPs (above €250 trade size), plus interest on uninvested cash.
• PRIME+ Flex (~€2.99/month): a flexible mid-tier with reduced commissions and select free trades.

All tiers offer free savings plans on the PRIME ETF selection, making Scalable an attractive choice for Austrian investors building long-term ETF portfolios.

Within the Wealth (robo-advisor) service, Scalable Capital builds and manages a personalised ETF-based portfolio for you. You complete a short questionnaire to assess your risk profile, and an appropriate portfolio is allocated automatically. Annual management fees scale with portfolio size – 0.75% on the first €100,000, declining for larger portfolios (to roughly 0.49% above €500,000). All fund costs are charged separately.

Scalable Capital holds regulatory permission from the German Federal Financial Supervisory Authority (BaFin) to provide securities services and is also supervised by the Deutsche Bundesbank. Client cash is protected up to €100,000 under the German Deposit Guarantee Scheme, and client securities up to €20,000 under the German Investor Compensation Scheme (limited to 90% of any losses).

Importantly for Austrian investors: Scalable Capital acts as a KESt-withholding agent for Austrian residents – automatically deducting the 27.5% Kapitalertragsteuer at source on capital gains, dividends, and interest, and remitting it to the Austrian tax authority. This makes Scalable one of the most operationally convenient broker options for Austrian residents who don’t want to deal with manual Einkommensteuererklärung filings for investment income.

Launched in 1992 in Copenhagen, Saxo (rebranded from “Saxo Bank” in 2024-2025) is one of the most established financial entities in the brokerage industry, with a track record spanning over three decades. It lets you trade more than 71,000 financial instruments through its unified SaxoTrader platform (which consolidated SaxoTraderGO and SaxoTraderPRO into a single experience in 2025), plus the simpler SaxoInvestor app for beginners.

The product range across global markets includes stocks, ETFs, bonds, mutual funds, options, futures, CFDs, forex, and commodities. Saxo provides advanced research tools suited to both “buy-and-hold” investors and active leverage-based traders. In March 2025, Saxo was acquired by J. Safra Sarasin Group, the Swiss-Brazilian private banking group, adding further institutional backing.

Saxo’s account tiers (Austrian residents are served through Saxo’s Danish entity under EU passporting):

• Classic: no minimum deposit since 2024, giving access to competitive spreads and customer support 24/5.
• Platinum: $200,000 minimum, lower trading prices (typically 30% reduction), priority local-language support.
• VIP: $1,000,000 minimum, best pricing, direct access to trading experts, and exclusive event invitations.

Pricing varies by account tier. For example, a US stock order is around 0.08% of trade value (minimum $1) in Classic, dropping to roughly 0.03% (minimum $1) in VIP. For accounts holding stocks, ETFs/ETCs, or bonds, a custody fee of up to 0.15% per year applies (capped at €/$/£100 per month for Classic clients, with lower caps for Platinum/VIP).

Saxo Bank A/S is a fully licensed European bank under the supervision of the Danish Financial Supervisory Authority (Finanstilsynet). It’s a member of the Danish Guarantee Fund (Garantiformuen), which protects client cash deposits up to €100,000 and securities up to €20,000 per client. As a fully licensed bank rather than just an investment firm, Saxo benefits from stricter prudential regulation than many of its broker peers – a meaningful credibility advantage for Austrian investors prioritising safety.

Saxo doesn’t withhold KESt at source for Austrian residents, so you’ll handle your own 27.5% Kapitalertragsteuer reporting through the annual Einkommensteuererklärung. However, Saxo’s broker statements are generally well-formatted and exportable, which simplifies the manual reporting process.

Founded in 2004, Trading 212 is a fintech headquartered in London that aims to democratise investing through one of the cleanest mobile and web platforms in European retail. It now serves over 5 million clients managing more than €30 billion in assets, with access to over 13,000 stocks and ETFs across UK, US, and European markets – plus forex, commodities, CFDs, and (via 212 Crypto, launched March 2026 under MiCA) real cryptocurrencies. New users get a free fractional share worth up to €100 with our promo code.

Trading 212 offers commission-free stocks and ETFs (other fees may apply – see terms and conditions), fractional shares from €1, and the popular Pies & AutoInvest feature for building diversified portfolios with one-tap rebalancing. The platform also pays competitive interest on uninvested cash (around 2% EUR, varying with central bank rates). Opening an account is fast and fully digital. On the downside, the product range still has some gaps – no individual bonds, options, or futures – and the platform is less suited to advanced traders looking for deep charting tools. Trading 212 charges a 0.15% FX conversion fee when trading assets in a currency different from your base account, which is among the lowest in the European retail market.

Within the app, you’ll find two distinct sub-platforms: Trading 212 Invest, where you can trade real stocks and ETFs commission-free, and Trading 212 CFD, where you can trade leveraged financial products (CFDs – which are complex instruments where a majority of retail accounts lose money). The newer Trading 212 Crypto account (launched March 2026) adds real cryptocurrency exposure under MiCA regulation, though it’s not yet available in all EEA countries.

On safety, Trading 212 is regulated by multiple top-tier authorities: the FCA (UK), CySEC (Cyprus), ASIC (Australia), BaFin (Germany), and operates through a Bulgarian entity (FSC) for some EEA markets. Austrian residents are typically served through one of Trading 212’s EU-passported entities (Cyprus or Germany), with client funds protected up to €20,000 under the Cyprus Investor Compensation Fund (for clients onboarded via CySEC). Trading 212 doesn’t withhold KESt at source for Austrian residents, so you’ll handle your own 27.5% Kapitalertragsteuer reporting through the annual Einkommensteuererklärung.

If you want to learn more, check our Trading 212 review.