Which broker is better for Italy traders in 2026? Expert analysis across 12 categories.
When choosing between EasyMarkets and Pepperstone for trading in Italy, retail traders need to consider local regulations, payment methods, and cost structures. Both brokers are popular among Italian traders but cater to different needs. EasyMarkets (overall score 3.4/5) is known for its user-friendly platform, fixed spreads, and innovative risk management tools like deal cancellation. Pepperstone (score 4.9/5) excels in low spreads, fast execution, and advanced trading platforms suitable for active and algorithmic traders. For Italian traders, the availability of SEPA transfers and PostePay deposits makes both brokers accessible. However, Pepperstone's razor-thin spreads and high execution quality make it the preferred choice for cost-sensitive and experienced traders, while EasyMarkets appeals to beginners who want simplicity and fixed costs. This comparison examines key aspects such as trading costs, platforms, regulation under CONSOB, and local payment methods to help you decide which broker fits your trading style in 2025.
| Instrument | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Pepperstone |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Pepperstone |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Pepperstone |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Pepperstone |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $25 | $0 | Pepperstone |
For Italian traders, trading costs are a critical factor, especially for frequent forex trading. Pepperstone offers variable spreads starting from 0.0 pips on its Razor account with a commission of €3.50 per lot, making it one of the cheapest options for active traders. In contrast, EasyMarkets uses fixed spreads that are higher (e.g., 1.2 pips on EUR/USD) but provide cost certainty regardless of market volatility. For scalpers and day traders in Italy, Pepperstone's low spreads lead to significant savings over time. Volume impact is substantial: trading 10 lots per month with Pepperstone costs around €70 in commissions versus over €200 in spreads with EasyMarkets. Italian traders who prioritize low costs should choose Pepperstone, while those who value predictable spreads may prefer EasyMarkets.
| Account Type | EasyMarkets | Pepperstone |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $25 | $0 |
| Entity / Asset | EasyMarkets | Pepperstone |
|---|---|---|
| Italy (offshore) | Up to 1:2000 | Up to 1:1000 |
| Forex major pairs | 1:2000 | 1:1000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | EasyMarkets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | EasyMarkets |
| Crypto CFDs | 30+ | 20+ | EasyMarkets |
| Stocks / Share CFDs | ✗ | ✗ | Pepperstone |
| ETFs | ✗ | ✗ | Tie |
| Platform | EasyMarkets | Pepperstone |
|---|---|---|
| MetaTrader 4 (MT4) | ✗ | ✓ |
| MetaTrader 5 (MT5) | ✗ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✗ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer platforms suited to different Italian trader profiles. EasyMarkets provides its proprietary web platform and a mobile app that is intuitive for beginners, with features like risk management tools and one-click trading. Pepperstone offers MetaTrader 4, MetaTrader 5, cTrader, and TradingView, which are ideal for advanced and algorithmic traders in Italy. Pepperstone's platforms support automated trading, custom indicators, and fast execution, which are essential for active strategies. For Italian traders who use expert advisors (EAs) or prefer charting tools, Pepperstone is the better choice. EasyMarkets' simplicity is better for new traders who want an all-in-one, easy-to-navigate interface.
| Factor | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Pepperstone |
| Avg execution speed | ~30ms | ~40ms | EasyMarkets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✓ | Tie |
Execution quality directly impacts trading outcomes. Pepperstone is renowned for its ultra-fast execution, with average speeds below 40 milliseconds and minimal slippage, thanks to its direct market access (DMA) and multiple liquidity providers. This is crucial for Italian scalpers and high-frequency traders. EasyMarkets uses a market maker model with fixed spreads, which can lead to slightly slower execution and occasional requotes, but its deal cancellation feature allows traders to reverse losing trades within a short window. For speed-sensitive strategies, Pepperstone is the clear winner; for risk-averse traders, EasyMarkets offers unique trade protection.
| Safety Factor | EasyMarkets | Pepperstone |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is paramount for Italian traders, and both brokers comply with EU standards. EasyMarkets is regulated by CySEC, allowing it to offer services across the EU, including Italy, under the MiFID II framework. It also adheres to CONSOB's guidelines for transparency and client fund segregation. Pepperstone is also regulated by CySEC and is fully compliant with ESMA rules, including leverage limits and negative balance protection. For Italian traders, this means both brokers provide a safe trading environment, but Pepperstone's slightly stricter regulatory oversight (also holding licenses in the UK and Australia) may inspire additional confidence. The key takeaway: both are legitimate, but Pepperstone's global reputation and multiple regulatory licenses give it an edge for risk-aware Italian traders.
| Payment Method | EasyMarkets | Pepperstone |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✓ |
| Withdrawal time | Cards 1-2 business days; e-wallets instant-1 business day; bank wire 3-10 business days; overall back-office processing within 1 business day (24h) | 24 hours to 5 business days if submitted before 07:00 AEST |
Italian traders have convenient options for funding their accounts at both EasyMarkets and Pepperstone. Both support SEPA bank transfers, which are free and typically processed within 1 business day for deposits. Bank transfers are also available but may take longer. The standout local option is PostePay, the popular Italian prepaid card system, which is accepted by both brokers for instant deposits with no fees. Withdrawals via SEPA are also efficient, with funds returned to the same payment method used for deposit. EasyMarkets processes withdrawal requests within 1-2 days, while Pepperstone offers faster processing, often within 24 hours. Both brokers do not charge internal fees, but Italian traders should check for any bank intermediary charges. Overall, Pepperstone edges ahead with faster withdrawal processing, but both offer the essential local payment methods Italian traders need.
| Islamic Account Feature | EasyMarkets | Pepperstone |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Muslim traders in Italy who require Sharia-compliant accounts, both EasyMarkets and Pepperstone offer swap-free (Islamic) accounts. EasyMarkets provides Islamic accounts with no overnight interest charges on positions held for an extended period, but certain instruments like commodities may have limited swap-free availability. Pepperstone also offers Islamic accounts on request, with swap-free conditions applicable to most forex pairs and CFDs. Italian traders should note that Islamic accounts at both brokers may have reduced leverage and restricted trading hours for some assets. Neither broker charges additional fees for swap-free accounts, making them accessible to all eligible traders in Italy.
| Support Feature | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | EasyMarkets |
Customer support is vital for Italian traders, and both brokers offer assistance in Italian. EasyMarkets provides 24/5 live chat, email, and phone support with Italian-speaking agents, along a comprehensive FAQ section. Pepperstone also offers multilingual support including Italian, with 24/7 live chat and email. Pepperstone's support is notably faster, with typical response times under 30 seconds for live chat. For Italian traders requiring immediate assistance, Pepperstone's round-the-clock availability is a significant advantage, while EasyMarkets' support is adequate but limited to trading hours.
| Mobile Feature | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | EasyMarkets |
| Google Play rating | 4.3 stars | 4.2 stars | EasyMarkets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | Pepperstone |
| Resource | EasyMarkets | Pepperstone | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | EasyMarkets |
Choose EasyMarkets if you...
Choose Pepperstone if you...
For Italian retail traders in 2025, the choice between EasyMarkets and Pepperstone boils down to trading style and cost preferences. Pepperstone, with its 4.9/5 score, emerges as the superior option for most traders due to its low spreads, outstanding execution speed, versatile platforms, and excellent customer support. It is particularly well-suited for active, experienced, and cost-conscious Italian traders who use SEPA or PostePay for deposits. EasyMarkets (3.4/5) remains a solid choice for beginners and those who value fixed spreads and unique risk management features, such as the deal cancellation tool. Both brokers are regulated under CONSOB guidelines and accept EUR deposits without conversion fees. However, considering overall value, regulatory strength, and local payment convenience, Pepperstone is the recommended broker for the majority of Italian traders.