In Austria, like in all EU countries, forex brokers are strictly regulated by both national and EU regulatory agencies. In the case of Austria, the national regulator is known as the Financial Market Authority (FMA), or the Finanzmarktaufsichtsbehörde in German. As always in the EU, holding a license from the FMA also allows the broker to operate and offer its products to residents in all other EU member states.
Along with the United States and Japan, the EU is one of the regions in the world where forex brokers are most strictly regulated. This is evident in the very low trading leverage that is available from Austrian and EU-regulated forex brokers, among other things.