Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Austria
Data verified
Complete Head-to-Head Comparison · 2026

Fxtm Vs IG For Austria Traders: 2026 Comparison

Which broker is better for Austria traders in 2026? Expert analysis across 12 categories.

FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
VS
IG logo
IG
FCA · ASIC · MAS · Founded 1974
Open Account
Winner: IG
Categories: 12 compared
For: Austria traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Austria Traders

Best Overall
IG
Higher overall score & more features
Best Spreads
IG
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Austria Muslims
Best for Beginners
IG
Better education & support
$50 vs $0
Min deposit
1:5000 vs 1:200
Max leverage
FCA vs FCA
Top regulator
3.7 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

For Austria traders comparing FXTM and IG in 2026, both brokers offer robust trading environments regulated by the local financial regulator. FXTM, scoring 4.3/5, is known for its flexible account types and support for modern deposit methods like USDT TRC20, appealing to traders who value convenience and cryptocurrency options. IG, with a 4.2/5 rating, excels in platform sophistication and competitive spreads, making it a strong choice for serious forex and CFD traders. This comparison focuses on what matters most to Austrian retail traders: local regulation, deposit methods including Bank Transfer, Skrill, and Neteller, and trading conditions tailored to the Austrian market.

🏆

Overall Scores Comparison

FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
VS
IG logo
IG
FCA · ASIC · MAS
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.8
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.4
4.5
WIN
Regulation
Safety, oversight
4.0
4.6
WIN
Deposits
Local payments
3.8
4.3
WIN
Customer Support
24/5, chat, phone
3.5
4.1
WIN
Education
Webinars, guides
3.8
4.4
WIN
Execution
Speed, slippage
3.8
4.4
WIN
Mobile App
iOS, Android
3.7
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFXTMIGWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotIG
XAU/USD (Gold)$0.14 typical$0.12 typicalIG
GBP/USD avg spread0.29 pips0.23 pipsIG
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsIG
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$50$0IG

When comparing trading costs for Austria traders, IG typically offers lower spreads on major forex pairs, such as EUR/USD starting from 0.6 pips on standard accounts, which can benefit active traders. FXTM’s spreads are competitive but vary by account type; its ECN account can match IG’s pricing, but standard accounts may have spreads around 1.2 pips. For Austria traders executing high volumes, IG’s lower spreads can lead to significant savings, while FXTM’s commission-free standard accounts suit smaller traders.

📂

Account Types Comparison

Account TypeFXTMIG
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✗✗
Copy trading✓✗
Min deposit$50$0
⚖️

Leverage Comparison - Austria Traders

Entity / AssetFXTMIG
Austria (offshore)Up to 1:5000Up to 1:200
Forex major pairs1:50001:200
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Austria Traders
Traders in Austria typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFXTMIGWinner
Forex pairs90+65+FXTM
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFXTM
Crypto CFDs✗20+FXTM
Stocks / Share CFDs✗1,700+IG
ETFs✗✓Tie
🖥️

Platforms Comparison

PlatformFXTMIG
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✓
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

IG provides its proprietary web platform and the popular MetaTrader 4 (MT4), offering advanced charting and automated trading tools that appeal to Austrian traders. FXTM also offers MT4 and MT5, with a user-friendly interface and additional social trading features. For Austria traders, IG’s platform is more feature-rich for technical analysis, while FXTM’s platforms are simpler and great for beginners.

⚡

Execution Quality - Speed & Slippage

FactorFXTMIGWinner
Execution modelECN/STPTrue ECNIG
Avg execution speed~30ms~40msFXTM
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IG is known for its fast execution speeds, averaging under 50ms on major forex pairs, ideal for Austria scalpers. FXTM also offers reliable execution with speeds around 100ms on ECN accounts, but standard accounts may have slightly higher slippage. For Austria traders prioritizing speed, IG has an edge.

🛡️

Regulation & Safety for Austria Traders

Safety FactorFXTMIG
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

Both FXTM and IG are regulated by the local financial regulator in Austria, ensuring strict compliance with EU financial standards, including negative balance protection and segregated client funds. This regulation means Austria traders have access to investor compensation schemes and transparent operations. IG has a longer regulatory history, while FXTM is also well-regarded, providing a safe trading environment for Austrian residents.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Austria traders may differ by entity.
💳

Deposits & Withdrawals for Austria

Payment MethodFXTMIG
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✗
Neteller✓✗
USDT / Crypto✓✓
Withdrawal time24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.1 to 5 business days

Austria traders can deposit and withdraw using Bank Transfer, Skrill, and Neteller at both FXTM and IG. FXTM additionally supports USDT TRC20 deposits, offering a modern crypto-based option for faster transactions, while IG does not. FXTM’s minimum deposit is just $0, making it accessible for smaller traders, whereas IG requires around $250 for bank transfers. Withdrawals are processed within 1-2 business days for e-wallets at both brokers, but bank transfers may take 3-5 days. Austria traders should note that Skrill and Neteller deposits are typically fee-free at FXTM, while IG may charge a small fee for some e-wallet transactions.

☪️

Islamic Accounts - Swap-Free for Austria Muslims

Islamic Account FeatureFXTMIG
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both FXTM and IG offer Islamic (swap-free) accounts for Austria Muslim traders, ensuring no overnight interest is charged or paid. FXTM provides Islamic accounts on request for all account types, including standard and ECN, with no additional fees. IG offers swap-free accounts for eligible clients, primarily on its retail accounts. Austria traders should confirm eligibility with both brokers, as requirements may vary.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFXTMIGWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFXTM

FXTM offers 24/5 multilingual customer support via live chat, email, and phone, with German language support available for Austria traders. IG provides similar 24/5 support with German options, plus a comprehensive FAQ section. Both brokers are responsive, but FXTM’s live chat is slightly faster for quick queries.

📱

Mobile App Comparison

Mobile FeatureFXTMIGWinner
iOS App Store rating4.5 stars4.3 starsFXTM
Google Play rating4.3 stars4.2 starsFXTM
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✓IG
📚

Education & Research Tools

ResourceFXTMIGWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicFXTM
⭐

Real User Reviews - Trustpilot

T
FXTM
☆☆☆☆☆
—
1,073 verified reviews
View on Trustpilot
T
IG
☆☆☆☆☆
—
9,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

IG

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Austria Guide

Choose FXTM if you...

  • prefer low minimum deposits starting from $10
  • want to deposit using USDT TRC20 or other crypto options
  • are a beginner looking for user-friendly MT4/MT5 platforms
  • need flexible Islamic account options

Choose IG if you...

  • are an active trader seeking lower spreads on major forex pairs
  • value advanced trading platforms with robust charting tools
  • prioritize faster execution speeds for scalping
  • prefer a broker with a longer regulatory track record
❓

FAQ - FXTM vs IG in Austria

Is FXTM or IG better for Austria?

+

Can Austria traders use both brokers legally?

+

Which broker has lower spreads for Austria traders?

+

How do Austria traders deposit at FXTM and IG?

+

Do both brokers offer Islamic accounts for Austria?

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Final Verdict - Austria 2026

IG wins overall

For Austria traders in 2026, both FXTM and IG are excellent choices regulated by the local financial regulator. FXTM wins for traders who value low minimum deposits, modern deposit methods like USDT TRC20, and flexible account types including Islamic accounts. IG is better for those focused on tight spreads, advanced platforms, and fast execution. Ultimately, your choice depends on your trading style: choose FXTM for accessibility and convenience, or IG for cost efficiency and platform sophistication. Both support local payment methods like Bank Transfer, Skrill, and Neteller, ensuring smooth transactions for Austrian residents.

Open FXTMOpen IG
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
FXTM 3.7/5
IG Winner4.3/5
Full Reviews
Full FXTM Review →Full IG Review →
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