Best Borsa Italiana Brokers 2025
Discover the best brokers with access to the Borsa Italiana following our rigorous hands-on testing.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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2Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
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3Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
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4XM is a well-known forex and CFD broker with over 10 million clients in more than 190 countries. Since 2009, this reliable broker has provided low trading fees on over 1000 instruments. It is highly regulated by bodies such as ASIC and CySEC and offers a complete MetaTrader experience.
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5eToro is a highly regarded platform offering trading in thousands of CFDs, stocks, and cryptoassets. Since 2007, it has gained millions of traders worldwide and is regulated by top authorities like the FCA and CySEC. The platform is especially known for its extensive social trading features. Crypto Trading is available through eToro USA LLC; Investments have market risks, including potential principal loss. CFDs are unavailable in the US Crypto investments are risky and highly volatile. Taxes may apply. Check the risks on the eToro website. 51% of retail CFD accounts lose money.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $0 | $100 | 1:50 | ✗ | FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM | Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies | Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower | USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF | Capitalise.ai & TWS API | ✓ | ✗ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Stocks, Futures, Futures OptionsForex, CFDs, Stocks, Indices, Commodities, Futures, Options, Crypto | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN | Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | |
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✓ | ✓ | $300$100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | ✓ | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | USD, EUR, GBP, CAD, AUD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $5 | 0.01 Lots | 1:10001:30 | ✓ | ASIC, CySEC, DFSA, IFSC | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | USD, EUR, GBP, JPY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $100 | $10 | 1:30 EU | ✓ | FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTsStocks, ETFs, Options, Crypto | eToro Web, CopyTrader, TradingCentral | USD, EUR, GBP | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✓ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Borsa Italiana Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Borsa Italiana Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✓ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS, Android & Windows | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Borsa Italiana Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $0 | $100 | ✓ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $5 | 0.01 Lots | ✓ | ✓ | ||
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✓ | $100 | $10 | ✓ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Borsa Italiana Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Capitalise.ai & TWS API | ✗ | ✗ | ✓ | ✗ | 1:50 | ✓ | ✓ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:10001:30 | ✓ | ✗ |
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Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✗ | ✗ | ✓ | ✗ | 1:30 EU | ✗ | ✓ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Borsa Italiana Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | USD: 4.8%, GBP: 4.7% | ✗ | ✓ | ✓ | ✗ | ✓ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 2.7% | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 5.3% | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Borsa Italiana Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Borsa Italiana Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.003 | 0.08-0.20 bps x trade value | 0.12%-0.18% | |
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
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✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
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✗ | $5 | 0.002 | 0.8 | Variable | |
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✓ | $10 | 0.57 (Apple) | 0.9 | BTC 1% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Borsa Italiana Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| eToro |
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| XM |
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| Interactive Brokers |
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| FOREX.com |
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| AvaTrade |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
Cons
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- FOREX.com provides a selection of top trading platforms and additional features. These include Trading Central research, a SMART Signals pattern scanner, trading signals, and strategy builders.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- AvaTrade introduced AvaFutures to provide low-margin access to global markets. In 2025, it expanded by adding CME's Micro Grain Futures, which are financially settled contracts at 1/10th the size of standard contracts for key commodities such as corn, wheat, and soybeans.
Cons
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
- XM offers over 1,000 instruments, giving traders various short-term opportunities, including turbo stocks, fractional shares, and thematic indices.
- XM excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
Cons
- XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
- XM only uses the MetaTrader platforms for desktop trading, offering no in-house downloadable or web-based solutions with unique features for beginners.
- The XM app is user-friendly and offers unique copy trading products, but its technical analysis tools need enhancement for advanced traders.
Why Trade With eToro?
eToro's social trading platform ranks highly due to its excellent user experience and active community chat, useful for beginners seeking trading opportunities. The platform also offers competitive fees on a vast selection of CFDs and actual stocks, alongside beneficial rewards for skilled strategy contributors.
Pros
- eToro secured second place in DayTrading.com's 'Best Crypto Broker' for 2025 due to its wide range of tokens, reliable service, and competitive fees.
- eToro enhanced social trading in 2025 by incorporating insights from over 10 million Stocktwits users to assess market sentiment.
- eToro has expanded its investment options by regularly adding new crypto assets, now offering over 100 digital currencies.
Cons
- The absence of extra charting platforms like MT4 may reduce the appeal for experienced traders used to third-party software.
- The minimum withdrawal amount is $30 with a $5 fee, impacting beginners with little capital.
- Contact options are limited, except for the in-platform live chat.
Filters
Introduction to Borsa Italiana Brokers
Borsa Italiana brokers provide access to a key European stock exchange with a focus on Italian stocks. This includes popular companies like Juventus, Moncler, and UniCredit. In this guide, we’ll simplify how to start trading through Borsa Italiana brokers, discuss price influences, explore historical performances, outline various trading strategies, and offer tips for choosing the best brokers.
How To Trade At Borsa Italiana Brokers
There are many ways to engage in trading with Borsa Italiana brokers. Let’s break them down:
Single Stocks
– Individual Stocks: These involve buying shares of specific Italian companies. International investors might find it challenging to locate brokers supporting Italian stocks, except for those in the MIB 40 index.
– CFDs and Derivatives: Some brokers allow trading in CFDs (Contracts for Difference) on major stocks. You can also trade futures and options for big companies like Banco Bpm and UniCredit directly on the exchange.
Indices
– Investing in Indices: The indices offered by Borsa Italiana offer a simple way to speculate on the broader market’s performance. You’ll find more options for larger indices like the MIB 40.
– Mutual Funds and ETFs: Mutual funds track these indices, while ETFs allow more flexible trading throughout the day.
– Derivatives: Options like CFDs, binary options, and spread betting on indices are available, providing ways to profit from market movements.
ETFs
ETFs (Exchange-Traded Funds) provide exposure to specific sectors like finance or tourism. They are a flexible way for investors to engage with market segments and ESG (Environmental, Social, Governance) themes.
Bonds
Borsa Italiana also offers government and corporate bonds. However, the selection might be limited compared to other investment options.
Comparing Borsa Italiana Brokers
Here’s what to consider when choosing a broker to access Borsa Italiana:
Instruments
Ensure the broker offers the instruments you want, whether it’s stocks, indices, or derivatives. You might need multiple brokers if you want a comprehensive trading strategy.
Leverage
For those interested in trading derivatives, leverage is a key factor. It allows you to trade larger positions with a smaller amount of money.
Safety & Regulation
Opt for brokers regulated by respected bodies like the UK FCA or CySEC. Look for security features such as two-factor authentication to protect your funds.
Fees
Low fees are crucial. Investigate the broker’s fee structure, including commissions, spread, and potential hidden charges.
Opening Hours
The exchange operates from 09:00 to 17:30 (Italian time), with additional pre and post-market sessions. Confirm that your broker aligns with these hours for smooth trading.
Payment Options
Choose a broker offering convenient and cost-effective payment methods, like credit cards, bank transfers, or e-wallets.
Strategies
Different brokers may support various trading strategies such as:
– Fundamentals: Focus on the intrinsic value of stocks for long-term investment decisions.
– Momentum: Base trades on short-term price movements and news.
– Dividend Investing: Invest in stocks with high payouts for regular income.
– Covered Calls: Use options strategies for consistent returns.
About The Borsa Italiana
Established as the Milan Stock Exchange in 1808, the Borsa Italiana oversees Italian companies and indices and operates in Euros. It plays a crucial role in the region’s economy.
Ownership
Once owned by the London Stock Exchange, the Borsa Italiana is now part of Euronext, acquired in 2021. It is undergoing changes to become Euronext Milan.
Indices
Borsa Italiana offers several indices, each representing various sectors:
– FTSE MIB 40: The key index, covering Italy’s top companies.
– FTSE Italia All-Share: Represents the entire market.
– FTSE MIB ESG: Focuses on sustainable and responsible companies.
Price & Performance
The Borsa Italiana contributes significantly to Italy’s economy with a market value over €560 billion. The performance of its core index, FTSE MIB, averages a 3.04% return annually.
Dividends
The MIB index yields higher dividends compared to other European indices. Investors can capitalize on dividend payouts by choosing specific high-yield stocks.
Price Determinants
Understanding factors that affect stock prices is crucial:
Local Economy
Italy’s economic conditions, such as trade laws and employment rates, impact stock prices on the exchange.
Value Of The Euro
The Euro’s strength affects the valuation of Italian stocks internationally.
Single Stock Performance
A few large companies heavily influence market cap and pricing, especially in indices like the MIB 40.
Global Economy
International market trends and economic conditions can impact Italian stocks significantly.
Ownership
Changes in ownership, like the recent acquisition by Euronext, can influence investor confidence and stock performance.
Final Word On Borsa Italiana Brokers
Borsa Italiana is central to trading in Italy, offering diverse products like stocks, indices, and ETFs. To start trading effectively, explore our list of recommended Borsa Italiana brokers.
FAQs
Do Borsa Italiana Brokers Offer CFDs?
Yes, many brokers provide CFDs on popular indices like MIB 40 and major stocks like Ferrari and UniCredit.
Are There Any Borsa Italiana Brokers With The No PDT Rule?
The Pattern Day Trading rule restricts frequent intraday trades in the US. International brokers or a funded margin account can help bypass this rule.
Do Borsa Italiana Brokers Offer Trading On Every Listed Company?
While there are over 375 companies listed, not all brokers offer access to every stock. Check via demo accounts.
Who Owns The Borsa Italiana?
Owned by Euronext since 2021, brokers continue to offer trading on the exchange without interruption.
What Are The Borsa Italiana Trading Hours At Online Brokers?
Borsa Italiana trades from 09:00 to 17:30 CET. Confirm if your broker supports trading during these hours.