How to Buy Stocks with Raiffeisen Zentralbank

A short and simple guide to purchasing stocks with Raiffeisen Bank.

Rebecca Davis
Peer Reviewed
Updated on 
Oct 7, 2022
Affiliate Disclosure

Key Takeaways: Raiffeisen Bank is one of the few Austrian banking institutions that offer stock investing through its online platform, myRaiffeisen. Although the bank does offer share investing services, we do not recommend using them as the fees are much higher than most traditional online brokers.

The best and most secure way to purchase stocks with the funds in your Raiffeisen Bank account is by going through eToro Europe. It's a multi-asset investing platform that offers investment opportunities in stocks, ETFs, indices, commodities, fiat currencies and crypto.

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Can I buy stocks on Raiffeisen Bank?

Yes, Raiffeisen Bank offers share investing features directly through its online platform, myRaiffeisen. However, we recommend avoiding this platform due to its high fees and limited selection of investment products (stocks). If you want to buy stocks with Raiffeisen Bank, we suggest using going through an online broker.

We recommend using the eToro Europe platform as it offers over 8000 investment products and is a global platform with over 20 million users. Additionally, it has been operating for a longer time and was founded over 15 years ago. In that time it has never been hacked or subject to a cyber attack. To learn more about eToro, you can visit our eToro Review.


How to buy stocks with Raiffeisen Bank

If you want to buy stocks with Raiffeisen Bank, you have come to the right place. The most secure and affordable way to buy stocks with Raiffeisen bank is by using the eToro exchange. eToro supports a variety of EUR deposit methods including credit/debit card, bank transfer, PayPal, Skrill, Neteller, Rapid Transfer, Trustly, Klarna & SOFORT. Follow the below guide to get started.

  1. Sign up to the eToro Europe platform and complete the onboarding process.
  2. Click 'Deposit Funds' and EUR as your deposit currency, choose a method and send funds from your Raiffeisen Bank account.
  3. Search for the stock you wish to buy in the search bar and click the 'Trade' button next to its name.
  4. Input the amount of Euros you wish to invest and tap the 'Set Order' button.
How to buy stocks with Raiffeisen Bank.
How to buy stocks with Raiffeisen Bank.

Is it expensive to invest in stocks?

It may be expensive to invest in stocks depending on what platform you decide to use. On eToro however, the fees are virtually non-existent. This is because eToro Europe offers free and instant EUR deposits for Raiffeisen Bank account holders. Additionally, it does not charge any fees to invest in stocks or ETFs. Which means it is basically free to buy stocks on eToro with a Raiffeisen bank account.

eToro Fees Schedule.
eToro Fees Schedule.

What is Raiffeisen Zentralbank

Raiffeisen Zentralbank, or RZB, is the central bank of the Raiffeisen Banking Group, Austria's second largest banking group. It is headquartered in Vienna and has branches throughout Austria as well as in Central and Eastern Europe. RZB provides a wide range of banking services to retail and institutional clients.

RZB was founded in 1927 as the central institution of the Austrian Raiffeisen cooperative movement. The cooperative movement had its roots in the 19th century, when farmers in Austria organised themselves into cooperatives to gain access to credit and other financial services.

Today, the Raiffeisen Banking Group consists of over 2,600 Raiffeisen banks in Austria and Central and Eastern Europe, with a total of more than 15 million customers.

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