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 global forex and CFD broker with over 15 million clients in more than 190 countries. Since 2009, it has offered low trading fees on 1000+ instruments. XM is well-regulated, including by ASIC and CySEC, and provides a complete MetaTrader experience.
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5eToro is a leading platform offering trading services in thousands of CFDs, stocks, and cryptoassets. Founded in 2007, it has millions of active traders worldwide and is regulated by top authorities like the FCA and CySEC. It is well-known for its social trading platform. Crypto Trading is available through eToro USA LLC; investments carry market risk, including potential loss of principal. CFDs are not available in the US Crypto investments are risky and highly volatile. Tax may apply. Understand the risks. 61% 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, Stock CFDs, Futures, Futures OptionsForex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView | 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 has introduced ForecastTrader, a zero-commission service allowing users to trade yes/no Forecast Contracts on political, economic, and climate events. Contracts offer fixed $1 payouts, 24/6 market access, and a 3.83% APY on held positions.
- 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.
Cons
- 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.
- 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.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
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
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- 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 top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
- 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
- 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.
- Years later, AvaTrade is still among the few brokers with a custom risk management tool, AvaProtect, which insures losses up to $1M for a fee and is simple to use on the platform.
- 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.
Cons
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- While the deposit process is smooth, AvaTrade doesn't support crypto payments, unlike TopFX, which caters to crypto-focused traders.
- 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.
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 excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
- XM's customer support has proven reliable, offering 24/5 service in 25 languages, response times under 2 minutes, and a growing Telegram channel.
- XM offers over 1,000 instruments, giving traders various short-term opportunities, including turbo stocks, fractional shares, and thematic indices.
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 global entity is generally reliable and well-regulated but is registered with the less robust IFSC regulator. It no longer accepts UK clients, limiting its market reach.
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
- The broker offers excellent services for beginners, including commission-free stock trading, a low minimum deposit, and an unlimited demo account.
- eToro launched automated crypto staking for easy passive income, except for Ethereum, which requires opt-in.
- Investment portfolios are available, focusing on traditional markets, tech, crypto, and more.
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.
- There are no guaranteed stop-loss orders, which would be a helpful risk management feature for beginners.
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 top stock 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.