Degiro Review 2026: Everything Italy Traders Need To Know
Snapshot for Italy traders
PROS for Italy Traders
- Free SEPA bank transfers for Italian bank accounts, plus modern Skrill and USDT deposit options.
- Ultra-low commissions on Italian and European stocks (from €2 per order on Borsa Italiana).
- Strong European regulation by AFM, DNB, with BaFin branch oversight and CONSOB passporting.
- Zero minimum deposit and no custody fees with a Standard Account.
- Full Italian-language platform, app and customer support for local traders.
CONS for Italy Traders
- No leverage for retail clients in Italy: maximum 1:1, making forex trading capital-inefficient.
- No MetaTrader 4/MT5, cTrader, TradingView support — only a proprietary platform.
- No Islamic swap-free (Sharia-compliant) account for Italian Muslim traders.
- Lack of demo trading for practicing forex strategies before risking real money.
- No copy trading and no advanced analysis tools, disappointing for active speculators.
Broker review
DEGIRO Overview for Italy
Founded in 2008 and headquartered in Amsterdam, DEGIRO has grown into one of Europe's largest brokerage firms, serving over 3 million investors. For Italian traders, DEGIRO is particularly appealing because of its ultra-low commission structure and a huge selection of global and European stock exchanges — including Borsa Italiana. The broker offers direct market access to more than 100 venues across 30 countries, allowing Italian users to trade Italian shares like Eni or Intesa Sanpaolo from a single interface.
DEGIRO is not a traditional leveraged forex broker; it is a multi-asset investment platform. Though it offers forex instruments, the maximum leverage is 1:1 for retail clients in the EU due to legacy policies and ESMA rules. This makes DEGIRO better suited for stock, ETF, and fund investors rather than active retail forex traders. Its clean fee schedule and dedicated Italian language support make it a solid choice for long-term investors in Italy looking for a reliable, transparent custody-based brokerage experience.
| Detail | Information |
|---|---|
| Founded | 2008 |
| Headquarters | Netherlands |
| Regulated by | AFM,BaFin |
| Min Deposit | $0 |
| Max Leverage | 1 |
| Platforms | — |
| Islamic Account | Not available |
| Copy Trading | Not available |
| Demo Account | Available |
Regulation & Safety — Is DEGIRO Safe for Italy?
DEGIRO operates under the supervision of the Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB). Its AFM license number is 12020331, and it also holds a registration with the German regulator BaFin for its German branch. Under the European MiFID II passport, DEGIRO has the legal right to offer investment services throughout the EU, including Italy.
For Italian traders, this means DEGIRO is registered in the CONSOB register of EU-passporting financial firms, and Italian clients benefit from the Dutch investor protection framework, including participation in the Dutch investor compensation scheme (up to €20,000 in case of broker insolvency). You can easily verify DEGIRO's standing by checking the CONSOB official website or the AFM register. In practice, regulation by both AFM and BaFin gives DEGIRO a high level of credibility — though Italian clients should note that these authorities do not offer the same deposit guarantee as the Italian FITD for bank deposits.
Spreads & Trading Costs 2026
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
Account Types for Italy Traders
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | No |
| Islamic (Swap-free) | No |
| Scalping Allowed | No |
| Hedging Allowed | No |
| Expert Advisors (EA) | No |
| Copy Trading | No |
Trading Platforms Available
Deposits & Withdrawals — Italy Guide
Islamic Account — Italy Muslim Traders
DEGIRO does not offer an Islamic (swap-free) account for Italy's Muslim traders. Since DEGIRO operates without CFDs on leverage for retail clients, most products do not incur overnight swap charges anyway; however, some structures and lending behaviours may involve interest-related elements that are not Sharia-compliant. The broker's official position is that it does not support swap-free accounts, so Muslim traders who require strict Sharia compliance will need to look at alternative forex brokers.
If you are an Italian Muslim trader seeking a genuinely compliant swap-free online trading experience, we recommend checking brokers that are transparently certified as Islamic accounts and that clearly apply zero interest on overnight positions. DEGIRO, with its traditional brokerage model, is not built for that niche, and there is no hidden Islamic option available.
| Feature | Details |
|---|---|
| Islamic Account Available | No |
| Swap Fees | May apply |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Instruments & Markets in Italy
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Education & Research Tools
Customer Support — Italy Review
Common Mistakes Italy Traders Make with DEGIRO
- Mistake: Opening a DEGIRO account for leveraged forex trading without realising the maximum leverage is only 1:1. Many Italian traders assume 'forex broker' means high leverage, but DEGIRO is blocked from offering leveraged retail forex in the EU.
- Mistake: Expecting to use MT4 or MT5 expert advisors (EAs). If you are used to automated forex strategies, DEGIRO's proprietary platform will not work for you, so plan to migrate your trading style or use a different broker.
- Mistake: Sending USDT to your DEGIRO account on the wrong blockchain. Italy-based users often overlook network compatibility; always verify the supported chains on the deposit page to avoid losing funds in transfer.
Trust, comparison and news
DEGIRO vs Competitors in Italy
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| DEGIRO (current) | $0 | Check broker | No | No | 3.9 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Security & Fund Protection — DEGIRO
Segregated Funds
Negative Balance Protection
Top-tier Regulation
DEGIRO User Reviews & Ratings
CompareBroker Expert Rating
What traders love
Common complaints
Final Verdict — Is DEGIRO Worth It for Italy Traders?
DEGIRO is a dependable, cost-effective broker for Italian investors who mainly trade stocks, ETFs, and long-term investment vehicles. Its compensation structure is among the most transparent in Europe, and the regulatory framework is strong thanks to AFM and BaFin supervision. For Italian users looking to buy shares on Borsa Italiana or global markets with very low commissions, DEGIRO is an excellent recommendation.
However, for retail forex traders, DEGIRO is not the right home. The absolute lack of leverage (1:1), lack of MetaTrader platforms, and absence of copy trading or advanced charting mean that active currency traders in Italy will likely prefer a dedicated forex broker with ECN pricing, professional platforms, and flexible leverage. As a result, our final verdict for Italy traders: choose DEGIRO for your portfolio of stocks and ETFs, but pick a separate platform for leveraged forex trading.
