Best Brokers in Italy (2026)
Compare top brokers tailored for the Italian market. Enjoy strict CONSOB and MiFID II regulatory alignment, client fund segregation, tight spreads, and localized safeguards.
Broker features, fees and regulation compared.
XTB
74% of retail CFD accounts lose money
eToro
51% of retail CFD accounts lose money
AvaTrade
57% of retail CFD accounts lose money
Plus500
82% of retail CFD accounts lose money
| Broker | Rating | Trading Fees | Min Deposit | Regulation | Platforms | Action |
|---|---|---|---|---|---|---|
|
XTB
Top Web Platform
|
4.7 / 5 (★★★★★) | Low Spreads / Zero Commission | $0 | FCA, CySEC, KNF | xStation 5, xStation Mobile | Open Account → |
|
eToro
Social Trading
|
4.5 / 5 (★★★★☆) | Spread-based & Crypto fees | $50 | FCA, CySEC, ASIC | eToro Web, Mobile App | Open Account → |
|
AvaTrade
Multi-Regulated
|
4.6 / 5 (★★★★☆) | Zero Commission (Fixed Spreads) | $100 | CBI, ASIC, FSCA | MT4, MT5, AvaTradeGO | Open Account → |
|
Plus500
CFD Specialist
|
4.7 / 5 (★★★★★) | Zero Commission (additional fees may apply) | $100 | FCA, ASIC, CySEC (#250/14) | Proprietary Web, Mobile App | Open Account → |
Best international online brokers in Italy in 2026
Italian residents can choose from domestic and international online brokers offering access to European shares, US markets, ETFs, forex and CFDs. The best fit depends on what you want to trade, how often you place orders and which services are available to customers living in Italy. A broker with low US stock commissions, for example, may charge extra to convert euros into dollars, while a platform designed for active forex trading may not offer the same range of investments for long-term portfolios.
Italy also has a practical consideration that can affect your choice: tax administration. Some brokers offer regime amministrato, under which an eligible intermediary generally handles applicable Italian tax withholding. Others operate under regime dichiarativo, leaving customers responsible for the relevant declarations and payments. Before opening an account, compare the trading costs, available markets, regulatory entity and tax arrangements together.
How to choose a broker in Italy
A broker suitable for buying Italian ETFs once a month may not be the right choice for trading EUR/USD every day. Before comparing platforms, decide which instruments you need and check the account terms available specifically to Italian residents. These are six useful areas to review.
Verify the broker's legal entity using CONSOB and the relevant regulatory register.
Compare commissions, spreads, financing and currency conversion costs.
Check SEPA transfers, withdrawal fees and minimum deposits.
Look for clear order screens, account reports and useful trading tools.
Check Borsa Italiana shares, ETFs, US markets, forex and CFDs.
Check whether support and account documentation are available in Italian.
How can I check whether an international broker is authorised in Italy?
International brokers can serve Italian residents through different legal arrangements. Some operate through an investment firm authorised in another EU country, while others have an Italian entity or branch. To check a broker, first find the exact legal company name in its account agreement, then look it up through the official CONSOB website. You can also use ESMA's guide to checking regulated investment firms to locate the relevant European regulator.
Do not assume that a well-known trading brand is automatically authorised for every product or customer location. Confirm the legal entity, permitted activities and applicable investor compensation scheme. Italy's bank deposit guarantee is different from investment-firm compensation, and the protection available through a foreign broker depends on the entity holding your account. Regulation is important, but it does not protect against ordinary trading losses.
What can I trade through an international broker in Italy?
The products available depend on the broker and the type of account offered to Italian residents. Some platforms focus on direct investment in shares and ETFs, while others specialise in forex or leveraged derivatives. Check the instrument itself rather than assuming that every product shown on a broker's global website is available in Italy.
- Italian & International Shares and ETFs: Depending on the broker, you may be able to buy shares listed on Borsa Italiana, including FTSE MIB companies, as well as European and US stocks. ETF access varies, and some US-domiciled ETFs are restricted for EU retail investors because of European disclosure requirements.
- Foreign Exchange (Forex): Brokers may offer trading in pairs such as EUR/USD and GBP/USD. Retail forex products are often leveraged derivatives, so check spreads, margin requirements and financing costs before trading.
- Contracts for Difference (CFDs): CFDs allow you to speculate on the prices of shares, indices, commodities and other instruments without owning the underlying assets. Leverage can magnify losses, and CFDs are not the same as buying shares or ETFs directly.
Frequently Asked Questions
Under regime amministrato, an eligible intermediary generally handles applicable tax withholding. Under regime dichiarativo, you manage the relevant declarations and payments yourself.
Foreign brokerage accounts may create Italian reporting obligations even without withdrawals. Check Agenzia delle Entrate guidance.
Gains from many trading instruments are generally subject to a 26% tax, but treatment depends on the product. Foreign brokers may not withhold Italian taxes.
Qualifying minusvalenze can offset certain capital gains and may be carried forward for up to four subsequent tax years. Restrictions apply.
Italian brokers may simplify tax administration. International brokers may offer different markets and tools. Compare regulation, costs and tax handling.
Compare spreads, commissions, overnight financing, currency conversion, withdrawal fees and margin requirements.