Which broker is better for Italy traders in 2026? Expert analysis across 12 categories.
For Italian traders looking for a reliable forex broker, Oanda and EasyMarkets are two well-known options, but they cater to different needs. Oanda, with a score of 3.6/5, is a global giant known for its tight spreads and advanced trading tools, making it a favorite among experienced Italian traders. EasyMarkets, scoring 3.4/5, appeals to beginners and those who prefer fixed spreads and a simpler interface. Both brokers accept Italian clients and support local payment methods like SEPA, Bank Transfer, and PostePay, which are essential for hassle-free deposits and withdrawals. Additionally, both comply with European regulations, ensuring Italian traders are protected under CONSOB oversight. Whether you trade from Milan or Rome, this comparison will help you decide which broker suits your style, budget, and goals in 2025.
| Instrument | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | EasyMarkets |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | EasyMarkets |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | EasyMarkets |
| Standard acc spread | from 1.0 pips | from 0.8 pips | EasyMarkets |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $25 | Oanda |
For Italian traders, trading costs are a critical factor, and Oanda has the edge here with variable spreads starting from 0.6 pips on EUR/USD, compared to EasyMarkets' fixed spreads of 1.2 pips. Oanda's cost structure is more favorable for high-volume traders, as spreads can narrow further with larger trade sizes. EasyMarkets' fixed spreads offer predictability, which can be useful for traders who prefer no surprises, but they are higher overall. Italian traders should consider their trading frequency—Oanda is cheaper for active traders, while EasyMarkets may suit those who trade less often and value simplicity.
| Account Type | Oanda | EasyMarkets |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✗ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $25 |
| Entity / Asset | Oanda | EasyMarkets |
|---|---|---|
| Italy (offshore) | Up to 1:100 | Up to 1:2000 |
| Forex major pairs | 1:100 | 1:2000 |
| 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 | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | Oanda |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | Oanda |
| Crypto CFDs | ✗ | 20+ | Oanda |
| Stocks / Share CFDs | ✗ | ✗ | EasyMarkets |
| ETFs | ✗ | ✗ | Tie |
| Platform | Oanda | EasyMarkets |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✗ | ✗ |
| cTrader | ✗ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✗ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Oanda offers its proprietary web and mobile platforms, as well as MetaTrader 4 (MT4), which is popular among Italian traders for its advanced charting and automated trading capabilities. EasyMarkets provides its own web-based platform and mobile app, which are user-friendly but lack the depth of MT4. For Italian traders who want customization and technical analysis tools, Oanda is the better choice. EasyMarkets' platform is ideal for beginners who need a straightforward interface without overwhelming features.
| Factor | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | EasyMarkets |
| Avg execution speed | ~30ms | ~40ms | Oanda |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✗ | ✗ | Tie |
Oanda is known for its fast and reliable execution, with no requotes and minimal slippage, thanks to its advanced technology. EasyMarkets offers fixed spreads and guaranteed stop-loss orders, which can prevent slippage but may result in wider spreads. For Italian traders who prioritize speed and precision, Oanda is superior. EasyMarkets' execution is suitable for those who want to avoid market gaps.
| Safety Factor | Oanda | EasyMarkets |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both Oanda and EasyMarkets are regulated by top-tier authorities, but Oanda holds a license from the FCA (UK) and has a European entity, while EasyMarkets is regulated by CySEC (Cyprus). For Italian traders, CONSOB oversight is indirect but both brokers comply with ESMA rules, including leverage limits (up to 1:30 for retail clients) and negative balance protection. Oanda's stronger regulatory track record and longer history give it an edge in trust. Italian traders should ensure they sign up with the EU-regulated entity of each broker for full protection.
| Payment Method | Oanda | EasyMarkets |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 to 5 business days | 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) |
Italian traders can fund their accounts at both Oanda and EasyMarkets using SEPA bank transfers, which are free and typically arrive within 1-2 business days. Both brokers also accept PostePay, a popular Italian prepaid card, for instant deposits. Credit/debit cards (Visa, Mastercard) are supported as well. Withdrawals are processed via the same methods, with SEPA transfers taking 1-3 days and PostePay withdrawals being faster. Oanda charges no deposit fees, while EasyMarkets may have a small fee for certain withdrawal methods. Both brokers handle all transactions in EUR, avoiding conversion costs for Italian traders.
| Islamic Account Feature | Oanda | EasyMarkets |
|---|---|---|
| Swap-free available | ✗ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Italian Muslim traders can request Islamic (swap-free) accounts from both Oanda and EasyMarkets. Oanda offers Islamic accounts with no overnight swap charges, but traders must contact support to activate it. EasyMarkets also provides swap-free accounts with no hidden fees, and the process is straightforward. Both brokers ensure that Islamic accounts comply with Sharia law by not charging or paying interest. Italian traders should confirm eligibility and any account conditions before opening.
| Support Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | Oanda |
Oanda offers 24/5 customer support via live chat, email, and phone, with Italian language support available. EasyMarkets also provides 24/5 support through live chat and email, but phone support is limited. For Italian traders, Oanda's more robust support options and availability in Italian make it slightly better. EasyMarkets' response times are generally good, but language support may not be as comprehensive.
| Mobile Feature | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | Oanda |
| Google Play rating | 4.3 stars | 4.2 stars | Oanda |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | Oanda |
| Resource | Oanda | EasyMarkets | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | Oanda |
Choose Oanda if you...
Choose EasyMarkets if you...
For Italian traders in 2025, Oanda is the better overall choice due to its tighter spreads, advanced platforms, and higher trust score (3.6 vs 3.4). It excels for active traders who want low costs and robust tools, and it supports local payment methods like SEPA, Bank Transfer, and PostePay seamlessly. EasyMarkets is a solid alternative for beginners or traders who value fixed spreads and simplicity, but its higher costs and limited platform features hold it back. Both brokers are regulated and safe for Italian clients, but Oanda's superior execution and cost efficiency make it the winner for most retail traders. Consider your trading style and goals before making a decision.