In order to trade successfully, it is very important to choose the right broker. in Italy, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best online brokers for beginners in Italy 2025. You can compare their features and trading conditions.
1
eToro - Best for beginners in Italy
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders from Italy:
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders from Italy:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
DEGIRO - Best for beginners in Italy
DEGIRO is a Dutch investment company operating since 2008. The broker has been providing online services since 2013. Today DEGIRO is headquartered in Amsterdam and has offices in 18 European countries. Its activities are controlled by the Financial Conduct Authority (FCA, 574048), as well as regulators in the Netherlands: Financial Markets Authority (AFM, 12048408) and Central Bank (DNB, R128868). DEGIRO was awarded over 86 international awards: financial publications of Germany, France, Denmark, and the Netherlands have repeatedly recognized the company as the best stock market broker.
👍 Advantages of trading with DEGIRO for traders from Italy:
•Low brokerage fees for trading stock market assets;
•The ability to open transactions on European and American exchanges;
•Simple trading platform functionality.
👎 Disadvantages of DEGIRO for traders from Italy:
•There is no online chat on the company's website.
3
Revolut - Best for beginners in Italy
Revolut is a British fintech company that has been providing investors with accounts for trading precious metals, cryptocurrencies, and stocks listed on U.S. exchanges since 2015. The broker offers its clients access to investing in stocks and ETFs on European stock exchanges. For organizations and private clients, the company offers a multi-currency account with the possibility of exchanging currencies at the current inter-bank exchange rate. Revolut is supervised by the Financial Services Authority (FSA).
👍 Advantages of trading with Revolut for traders from Italy:
•In addition to stock trades, customers can trade cryptocurrencies and precious metals.
•The broker offers commission-free trading plans.
•The minimum number of shares to buy is 0.00000001.
•There are no minimum deposit requirements.
•Social trading is available, which allows newcomers to the stock market to copy trades of successful traders.
•Communication with the support service via chat is available in the mobile application 24 hours a day.
•There is no fee for opening and maintaining a trading account.
👎 Disadvantages of Revolut for traders from Italy:
•Stock trading is currently only available to UK residents.
•Operations in precious metals and cryptocurrencies are not regulated by supervisory authorities.
•The company does not offer fiduciary management of its investment portfolio.
4
Firstrade - Best for beginners in Italy
Discount broker Firstrade was founded in 1985 in the state of New York. In 1997, the company began providing online stock exchange brokerage services. Nowadays, Firstrade serves clients in 30 countries and offers a vast array of investment assets, a trading platform with an intuitive user interface, and favorable conditions for traders with different backgrounds and trading skill levels. For many years, major industry publications such as Forbes, Barron's, and Smart Money have awarded Firstrade the title of Best Online Broker. Firstrade was named Best in Class by StockBrokers.com in 2019.
👍 Advantages of trading with Firstrade for traders from Italy:
•A vast array of available assets such as stocks, options, exchange-traded funds (ETFs), mutual funds, and fixed income products.
•In addition to US and permanent residents, the broker accepts clients from 29 other countries.
•A zero-entry fee for trading stocks, options, and ETFs.
•A zero-initial deposit for trading with your funds.
•Availability of insurance coverage from SIPC.
•Access to comprehensive research instruments and analytical market reviews.
•The ability to trade from mobile devices as well as through a web browser without the need to install an application.
👎 Disadvantages of Firstrade for traders from Italy:
•The broker's clients cannot trade on international exchanges. At the moment, Firstrade only deals with securities listed on the US markets and exchanges.
•The company does not offer fractional stock trading.
•US citizens temporarily or permanently residing abroad cannot open accounts as US residents. Only international accounts are available to such traders.
5
TradeStation - Best for beginners in Italy
The TradeStation Group (TradeStation) was founded in 1987 as a trading software company then-named Omega Research. After being listed in the American market, Nasdaq launched an online version, and in 2001 it began providing brokerage services for the sale of securities under the TradeStation brand. Until 2021, inclusive, the broker's trading platform was recognized ten times in a row as the best in its class by StockBrokers.com. In 2020, TradeStation was named Broker of the Year at the First Annual TradingView Broker Awards. In the same year, according to Investor's Business Daily, the company was among the Top 4 of US online stock brokers.
👍 Advantages of trading with TradeStation for traders from Italy:
•Licensed by the US Securities and Exchange Commission (SEC) and insurance coverage from the Securities Investor Protection Corporation (SIPC).
•Has a wide range of trading instruments, including cryptocurrencies, IPOs, and ETFs.
•Does not charge commissions for trading US stocks and ETFs.
👎 Disadvantages of TradeStation for traders from Italy:
•You cannot trade currency pairs.
•Regulators do not oversee TradeStation Crypto, Inc., which maintains crypto trading accounts.
•The support service does not work around the clock and only answers questions that are asked in English.
•There are only a few ways to withdraw funds, the average time of receipt of funds to a bank account is 4-5 business days.
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
eToro Commissions and Fees
Registration on the eToro platform is free. The broker does not charge a fee for opening and closing long positions on stocks quoted at the US stock exchanges. The stocks of other markets are available as derivatives, with eToro charging a trading fee on them in the form of the spread. Also, the fees are applied to short positions and leveraged orders. The company accepts and allows withdrawals of only US dollars. If a client deposits or withdraws another currency, it is converted into USD at a fee of 0-50 pips. Members of eToro club get a 50-100% fee reduction on conversion. If a client shows no activity for a period of 12 month, the broker charges the inactivity fee of $10. There is no deposit fee. eToro charges $5 on each withdrawal.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
$5 |
Yes |
|
Pro |
from $1.1 |
$5 eToro’s fee + the fees of payment systems |
DEGIRO Commissions and Fees
DEGIRO trading terms were analyzed by Traders Union analysts for the explicit and hidden commissions. There is a fee for buying and selling instruments, as well as tax on income from dividends. All DEGIRO Fees for trading stock market assets are listed in the Compare Fees section. There is also a comparison of fees between DEGIRO and other stock brokers. The company doesn’t charge a commission for funds replenishment and withdrawal, but it is charged by the bank making the transfer. DEGIRO has no commission for opening and maintaining accounts.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
All the accounts for trading in the stock market. |
1.5$ |
There is a bank commission |
Revolut Commissions and Fees
During our analysis of trading conditions, it was found that Revolut limits the number of trades without commissions. Depending on the account type, 1-5 transactions per month are free. There is a monthly subscription fee of £2.99-£12.99 on different accounts, which can be reduced by 20% if you pay in advance for a year. The broker charges a fee of 1 USD for additional orders. Since stocks listed on American exchanges are offered for investment, the fees are calculated in USD and then the funds are converted to the account currency at the current exchange rate. For transactions in cryptocurrency, the commission is 1.5-2%, and for transactions in precious metals, it’s 0.5-1.5% of the transaction volume. The amount of interest depends on the selected trading account. No additional hidden commissions were revealed.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard |
From £2.99 |
No |
|
Plus |
From £2.99 |
No |
|
Premium |
From £2.99 |
No |
|
Metals |
From £2.99 |
No |
Firstrade Commissions and Fees
To figure out all potential fees of the Firstrade broker, experts at the Traders Union analyzed Firstrade’s trading conditions in detail. The broker offers zero fees on trades in stocks, ETFs, and mutual funds. The online options trading fee is $0 per trade and $0 per contract. These are the commissions for placing orders with a broker: stocks and ETFs - $19.95; and options - $19.95 per trade + $0.50 per contract. As of February 2021, the SEC's trading fee is $5.10 for every $1 million in sales proceeds. The options regulation fee (ORF) is $0.0347 per contract. Firstrade charges a fee for wire transfer withdrawals: $30 for payments to US banks and $35 for international transfers.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Brokerage account |
From $0 |
Yes |
TradeStation Commissions and Fees
The Traders Union analysts have studied in detail the conditions of TradeStation brokerage accounts and concluded that the company charges only trading commissions. The broker does not charge non-trading fees for withdrawing funds. Free trading is possible only in American stocks and ETFs. However, if the limit of 10,000 shares is exceeded, the broker will charge $0.005 per share, and when trading securities of international companies, the fee increases to $5 per trade. Additional commissions are also charged when trading through a desktop terminal if the account balance is less than $2,000.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
TS SELECT |
From $0.60 |
No |
|
TS GO |
From $0.50 |
No |
|
Crypto |
From $0.50 |
No |
Summary
Many brokers are available for traders from Italy, but not all of them offer good conditions. In this review, TU experts chose the Best online brokers for beginners in Italy 2025. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best Online Brokers For Beginners in Italy
| eToro | DEGIRO | Revolut | Firstrade | TradeStation | |
|---|---|---|---|---|---|
|
Overall score |
7.75 |
7.57 |
7.69 |
5.77 |
6.73 |
|
Execution of orders |
9.1 |
9.3 |
9.2 |
6.89 |
7.7 |
|
Investment instruments |
9.7 |
9.9 |
9.8 |
7.31 |
8.3 |
|
Withdrawal speed |
9.5 |
9.7 |
9.6 |
6.95 |
8.1 |
|
Customer Support work |
9.3 |
9.5 |
9.4 |
7.25 |
7.9 |
|
Variety of instruments |
9 |
9.2 |
9.1 |
6.73 |
7.6 |
|
Trading platform |
9.8 |
10 |
9.9 |
7.47 |
8.4 |
|
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FAQ
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
What commissions and fees should I take into consideration when I am choosing a broker?
The commissions and fees in the financial markets are divided into trading and non-tradings ones. Trading fees are the fees that are charged directly during trading (spread, commission per lot, etc.), while non-trading fees are the ones charged outside the trading process (for example, account fee, inactivity fee, deposit and withdrawal fee).
What are the risks of trading in the financial markets?
Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.
Why is a license important for a broker?
License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.
Best Online Brokers For Beginners by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.