Compare Investing & Brokerage in Italy

Live offers across tracked providers in Italy — updated daily from the Giraffy database.

Live offers

20 live offers compared from 20 providers, from €0 €/operazione. Updated daily.

ING Investimenti ING

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0%
  • Prodotti disponibili: ETF, Azioni
  • Investimento minimo: €1

Libertex Trading Libertex Italia

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0%
  • Prodotti disponibili: CFD, Azioni
  • Investimento minimo: €10

Raisin Investimenti Raisin

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0%
  • Prodotti disponibili: Depositi, ETF
  • Investimento minimo: €1

Intesa Sanpaolo Investimenti Intesa Sanpaolo

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,3% annuo
  • Prodotti disponibili: Fondi, ETF
  • Investimento minimo: €1

UniCredit Investimenti UniCredit

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,5% annuo
  • Prodotti disponibili: Fondi
  • Investimento minimo: €100

Widiba Investimenti Widiba

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,2% annuo
  • Prodotti disponibili: Fondi, ETF
  • Investimento minimo: €100

AXA Impassion Investimenti AXA Italia

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,5% annuo
  • Prodotti disponibili: Fondi riciclabili
  • Investimento minimo: €100

BPER Investimenti BPER Banca

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,3% annuo
  • Prodotti disponibili: Fondi
  • Investimento minimo: €100

eToro Investimenti eToro Italia

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0%
  • Prodotti disponibili: Azioni, ETF, Cripto
  • Investimento minimo: 50 €

XTB Investimenti XTB Italia

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0%
  • Prodotti disponibili: Azioni, ETF
  • Investimento minimo: €0

Scalable Capital Investimenti Scalable Capital Italia

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 0,75% annuo
  • Prodotti disponibili: ETF, Azioni
  • Investimento minimo: €1

Mediolanum Investimenti Banca Mediolanum

€0 €/operazione

  • Commissione per ordine: €0/operazione
  • Commissione piattaforma: 1% annuo
  • Prodotti disponibili: Fondi
  • Investimento minimo: 500 €

Portafoglio Moneyfarm Moneyfarm

0.75% /anno

Robo-advisor italiano con portafogli ETF gestiti da esperti e personalizzati in base al tuo profilo di rischio.

  • Commissione per ordine: Nessuna commissione di transazione
  • Commissione piattaforma: 0,75% annuo (sui primi 20.000 €)
  • Prodotti disponibili: Gestione di portafogli ETF
  • Investimento minimo: 5.000 euro

Repubblica commerciale Trade Republic

€1 per scambio

Broker paneuropeo con commissione fissa di 1 € per operazione. Interesse del 4% sulla liquidità non investita fino a 50.000 €.

  • Commissione per ordine: €1 fisso per transazione
  • Commissione piattaforma: Nessuna commissione di piattaforma
  • Prodotti disponibili: Azioni, ETF, criptovalute, derivati
  • Investimento minimo: €1

Interactive Brokers Italia Interactive Brokers Italia

€1 €/operazione

  • Commissione per ordine: €1
  • Commissione piattaforma: 0%
  • Prodotti disponibili: Azioni, ETF, Prodotti
  • Investimento minimo: €0

SIM Directa Directa SIM

€1.75 per scambio

Broker online italiano dal 1994. Accesso diretto ai mercati azionari italiani ed europei.

  • Commissione per ordine: A partire da 1,75 € (azioni italiane)
  • Commissione piattaforma: Nessuna commissione di piattaforma
  • Prodotti disponibili: Azioni, ETF, CFD, derivati
  • Investimento minimo: €500 per l'apertura

DEGIRO DEGIRO

€3 + 0,03% per operazione

Broker europeo a basso costo con accesso a oltre 50 borse valori globali.

  • Commissione per ordine: €3 + 0,03%
  • Commissione piattaforma: €0
  • Prodotti disponibili: Azioni, ETF, obbligazioni, fondi
  • Investimento minimo: €0

Saxo Bank Investimenti Saxo Bank Italia

€3 €/operazione

  • Commissione per ordine: €3
  • Commissione piattaforma: 0,12% annuo
  • Prodotti disponibili: Azioni, ETF, Prodotti
  • Investimento minimo: €0

Banca Sella Trading Banca Sella

€5 €/operazione

  • Commissione per ordine: 5 €
  • Commissione piattaforma: 0%
  • Prodotti disponibili: Azioni, ETF
  • Investimento minimo: €1

Fineco Investing Fineco Bank

Price on request

Il broker online leader in Italia. Zero commissioni sugli ETF per i primi 3 mesi. Servizi bancari e di investimento in un'unica soluzione.

  • Commissione per ordine: Azioni a €3,95, ETF a €0 (promozione)
  • Commissione piattaforma: Nessuna commissione di piattaforma
  • Prodotti disponibili: Azioni, ETF, fondi, derivati
  • Investimento minimo: €1

What is Investing in Italy?

Investing means putting money into assets — shares (azioni), bonds, ETFs and funds — with the aim of growing it over time. In Italy the most popular entry points are ETFs and single stocks bought through an online broker or bank, often via a PAC (piano di accumulo del capitale), a regular automated plan that invests a fixed sum each month to smooth out market timing.

Retail investors typically open a securities account (deposito titoli) with a broker or bank and trade on Borsa Italiana and international exchanges.

How the Italian market works

A key choice is between the regime amministrato and the regime dichiarativo. Under the amministrato regime, your broker or bank acts as tax withholding agent (sostituto d'imposta) and handles capital-gains tax for you automatically — the simplest option for most people. Under the dichiarativo regime you report gains yourself in your tax return, which some active or foreign-broker investors prefer.

Providers range from full-service Italian banks and brokers to low-cost international platforms, so investors can pick on fees, product range and tax handling.

Key features and tax wrappers

ETFs and PAC — diversified, low-cost funds bought outright or via a monthly accumulation plan.

PIR — Piani Individuali di Risparmio offer capital-gains tax exemption when you invest in qualifying Italian and EU companies and hold for at least five years, encouraging long-term domestic investment.

Regime amministrato — the broker withholds and pays your tax, sparing you the paperwork.

MiFID II suitability — providers assess your knowledge, objectives and risk tolerance before offering products.

How to choose

Look at total cost: trading commissions, any custody or account fees, ETF ongoing charges, and the imposta di bollo — a 0.20% annual stamp duty levied on the value of your securities holdings. Match the platform to your style: a PAC-friendly broker for regular investing, a low-commission platform for frequent trading, or a full bank if you want advice. Confirm whether the provider operates the regime amministrato so tax is handled for you.

Leading providers in Italy

Popular platforms include Fineco Bank, Directa SIM, Banca Sella and ING among Italian institutions, and Trade Republic, DEGIRO, Libertex Italia and savings marketplace Raisin among international names. Giraffy tracks around 20 live investing options for the Italian market.

What it costs

Costs run from effectively €0 commission on some ETF and PAC offers up to around €5 or a small percentage per trade on other platforms, plus fund ongoing charges. On top sits the 0.20% imposta di bollo on your holdings. On profits, the standard capital-gains tax is 26%, reduced to 12.5% on Italian government bonds (BTP) and other qualifying sovereign debt — a meaningful advantage for bond investors.

Protections and regulation

Securities and investment services are regulated by CONSOB, Italy's markets authority, with Banca d'Italia supervising banking aspects. Under MiFID II, providers must assess suitability and disclose costs transparently. Investments carry market risk and are not capital-guaranteed, but client assets are ring-fenced and eligible platforms participate in investor-compensation schemes.

Common questions

What is a PIR? A tax-advantaged plan that exempts capital gains if you invest in qualifying Italian/EU firms and hold for at least five years.

Do I have to file taxes on my gains? Not under the regime amministrato — your broker withholds the tax; only the dichiarativo regime requires self-reporting.

Why is tax lower on BTP? Italian government and qualifying sovereign bonds are taxed at 12.5% instead of the standard 26% to encourage holding public debt.

The cheapest Investing & Brokerage in Italy is €0 €/operazione from ING.

Investing & Brokerage in Italy — FAQ

How do I start investing in Italy?

Giraffy tracks 5 investing platforms across ING,Libertex Italia,Raisin,Intesa Sanpaolo,UniCredit providers in Italy. The lowest fee tracked is €0 €/operazione. Most platforms let you open an account online in minutes. Consider your risk tolerance, investment horizon, and whether you want self-directed or managed portfolios before choosing a platform.

What are platform fees and why do they matter?

Platform fees are what you pay to hold investments — typically an annual percentage of your portfolio (0.15–0.45%) or a flat monthly fee. On a £50,000 portfolio, a 0.1% difference in platform fee is £50/year — small annually but significant compounded over decades. Compare total cost: platform fee plus fund charges (OCF/TER).

What is the difference between ETFs, index funds, and individual stocks?

ETFs (Exchange-Traded Funds) and index funds both hold a basket of securities tracking a market index — they provide instant diversification at low cost. Individual stocks are single-company shares with higher risk and potential return. Most long-term investors start with low-cost index funds or ETFs before branching into individual stock picking.

Is my money protected if my investing platform fails?

Investor protection varies by market. In the UK, the FSCS covers up to £85,000 in eligible investments per firm. In the US, SIPC covers up to $500,000. In Italy, check whether your platform is Banca d'Italia-regulated — this determines what protection applies.

What is a minimum investment amount on investing platforms?

Many platforms in Italy now offer fractional shares and funds with minimums as low as £1 or equivalent. Traditional brokers may require a minimum opening deposit of £500–£5,000. Compare minimums on each deal card if you're starting with a small amount.

What taxes apply to investment returns?

Investment returns may be subject to capital gains tax (on profits when you sell) and income tax (on dividends). Rules differ significantly between markets — in Italy, check the Banca d'Italia's guidance or consult a tax adviser. Using tax-efficient wrappers (ISA in the UK, TFSA in Canada, etc.) where available can significantly reduce your tax bill.

What is the difference between active and passive investing?

Passive investing tracks a market index (e.g. S&P 500, FTSE All-World) via index funds or ETFs — low cost, broad diversification, and typically outperforms most active funds over 10+ years. Active investing involves fund managers (or you) selecting individual securities trying to beat the market — higher cost, higher risk, mixed results.