Which broker is better for Italy traders in 2026? Expert analysis across 12 categories.
Italy traders looking for a reliable forex broker in 2025 often compare InvestoPro and Oanda. Both platforms are accessible to Italian residents and accept deposits in EUR via SEPA and bank transfer. InvestoPro, with a score of 3.8/5, appeals to cost-conscious traders thanks to its tight spreads and support for PostePay, a widely used Italian payment method. Oanda, scoring 3.6/5, is a globally recognised brand known for its powerful trading tools and extensive market research. For retail traders in Italy, the choice hinges on whether you prioritise lower trading costs and local payment options (InvestoPro) or a more established, research-rich environment (Oanda). Both brokers are regulated and offer a secure trading experience tailored to the Italian market.
| Instrument | InvestoPro | Oanda | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Oanda |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Oanda |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Oanda |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Oanda |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $0 | Tie |
When comparing trading costs for Italy traders, InvestoPro generally offers lower spreads than Oanda. For example, on EUR/USD, InvestoPro’s average spread is 0.2 pips, while Oanda’s is around 0.8 pips. This difference becomes significant for traders who execute multiple trades daily or manage larger positions. Oanda does not charge commissions on standard accounts, but its wider spreads can erode profits over time. InvestoPro’s cost structure is more favourable for active Italian scalpers and day traders, especially when combined with its EUR-denominated accounts that avoid conversion fees.
| Account Type | InvestoPro | Oanda |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $0 |
| Entity / Asset | InvestoPro | Oanda |
|---|---|---|
| Italy (offshore) | Up to 1:500 | Up to 1:100 |
| Forex major pairs | 1:500 | 1:100 |
| 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 | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | InvestoPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | InvestoPro |
| Crypto CFDs | 30+ | ✗ | InvestoPro |
| Stocks / Share CFDs | ✗ | ✗ | Oanda |
| ETFs | ✗ | ✗ | Tie |
| Platform | InvestoPro | Oanda |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✓ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Italy traders can choose between InvestoPro’s custom web platform and Oanda’s renowned MT4 and advanced TradingView integration. Oanda’s platforms are ideal for technical traders who need extensive charting tools and custom indicators. InvestoPro’s platform is simpler and more intuitive, suitable for beginners who want a clean interface and quick order execution. Both offer mobile apps for trading on the go, which is essential for Italian traders who need to monitor markets during local business hours.
| Factor | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Oanda |
| Avg execution speed | ~30ms | ~40ms | InvestoPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
InvestoPro uses STP/ECN execution with no dealing desk intervention, ensuring fast order processing and minimal slippage for Italy traders. Oanda also offers straight-through processing but may experience slight delays during high volatility. In practice, both brokers deliver reliable execution for retail traders, though InvestoPro’s model is slightly more transparent for scalpers and news traders.
| Safety Factor | InvestoPro | Oanda |
|---|---|---|
| Primary regulator | CySEC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both InvestoPro and Oanda are regulated by top-tier authorities, including the UK’s FCA and Cyprus’ CySEC, ensuring compliance with CONSOB requirements for Italy traders. This means Italian clients benefit from negative balance protection, segregated client funds, and access to the financial ombudsman. Oanda has a longer regulatory history, which may offer additional peace of mind. However, both brokers meet the strict standards set by CONSOB, making them safe choices for retail traders in Italy.
| Payment Method | InvestoPro | Oanda |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✗ |
| Neteller | ✗ | ✗ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | Card/e-wallet fast; bank transfer 1-3 days | 1 to 5 business days |
Italy traders can fund their accounts using SEPA bank transfers, credit/debit cards, and, uniquely for InvestoPro, PostePay. SEPA transfers are free and typically arrive within 1-2 business days. Oanda supports SEPA and cards but does not accept PostePay, which is a popular prepaid card among Italian users. Withdrawals are processed via the same methods, with SEPA being the most cost-effective. InvestoPro’s inclusion of PostePay makes it more convenient for traders who prefer not to use traditional bank accounts. Minimum deposits are low (around €100), making both brokers accessible to retail traders.
| Islamic Account Feature | InvestoPro | Oanda |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both InvestoPro and Oanda offer Islamic (swap-free) accounts for Muslim traders in Italy. These accounts comply with Sharia law by eliminating overnight interest charges on positions held beyond the trading day. Availability may vary by account type, and traders should request the Islamic account during the signup process. Oanda’s Islamic accounts are available on standard accounts, while InvestoPro offers them across all account tiers. This makes both brokers suitable for Italy’s Muslim community seeking ethical trading options.
| Support Feature | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | InvestoPro |
InvestoPro provides customer support in Italian via live chat and email, with response times under 2 hours during business hours. Oanda also offers Italian-language support but relies more on email and phone, with chat available only in English. For Italian traders who prefer communicating in their native language, InvestoPro has a slight edge. Both brokers have comprehensive FAQ sections on their websites.
| Mobile Feature | InvestoPro | Oanda | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | InvestoPro |
| Google Play rating | 4.3 stars | 4.2 stars | InvestoPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✓ | Oanda |
| Resource | InvestoPro | Oanda | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✗ | ✓ | Tie |
| Market analysis | Daily | Basic | InvestoPro |
Choose InvestoPro if you...
Choose Oanda if you...
For Italy traders in 2025, InvestoPro is the better choice if you prioritise low trading costs and local payment methods like PostePay. Its tighter spreads and simple platform make it ideal for active retail traders. Oanda remains a strong contender for those who need advanced tools and in-depth research, but its higher spreads and lack of PostePay support are drawbacks for Italian users. Both brokers are CONSOB-compliant and offer SEPA deposits, ensuring a secure and convenient trading experience. Ultimately, your decision should align with your trading style and payment preferences.