How we choose our partner brokers
In this section we explain how we select the brokers that we include in our Broker Comparison . We carry out a careful qualitative and quantitative analysis to present you with the brokers that we believe to be the best for you, both in terms of offerings and security. We only include brokers in our comparison that we feel comfortable recommending to family and friends.
Regulation
First of all, we check the country of regulation of the broker and whether the broker is authorized by a serious and recognized institution for the protection of investors. Regulation ensures greater security for your funds as an investor.
ETF Offering
At Investeem we believe in the benefits of long-term investing, rather than speculative short-term trading. Therefore, we only include in our Broker Comparison those brokers and investment platforms that offer a large section dedicated to direct investments in ETFs. Costs are one of the few variables you can control when investing. Therefore, while we understand that brokers and investment platforms also need to earn money from the services they offer, we only include in our comparison those brokers and investment platforms that work to minimize costs for investors, for example by offering free PACs (accumulation plans or savings plans) in ETFs or by purchasing ETFs directly at no cost. We evaluate the quality and convenience of each partner's offer for long-term investors, in line with our investment philosophy that promotes long-term investments. More than the quantity of the offer, we focus on quality, for example by checking in which types of indices it is possible to create a free PAC in ETFs.
Platform
We open a securities account with each broker we work with to evaluate their platform, specifically to examine the level of ease of use, intuitiveness and available analysis tools.
Bureaucratic Procedures
We evaluate the level of bureaucracy required when you decide to open a securities account with the brokers and investment platforms listed in the Broker Comparison, and throughout the experience. In particular, we examine the ease of opening the account, the possibility of operating under both the administered regime and the declarative regime, and, in the case of the latter, the ease and support that the broker offers in managing your position with the Italian tax authorities. We also examine whether it is possible to transfer outgoing securities accounts.
Inclusiveness of the Offer
At Investeem, we believe that everyone can benefit from the advantages of long-term investing. Therefore, we also evaluate the offer of brokers and investment platforms in our Broker Comparison for investors with limited availability, such as fractional sharing or other promotions.
Evaluation and score
EVALUATION CRITERIA
REGULATION:
If not regulated by the major European Union countries, the broker will not be admitted to the Broker Comparison.
CFD OFFER:
If the broker specializes in offering CFDs or has done so in the past, the broker will not be admitted to the Broker Comparison.
ETF OFFER: 0-5 POINTS
Possibility of free direct purchase of ETFs on the following indices (S&P 500, MSCI World, MSCI ACWI, Gold, Nasdaq 100, FTSE All-World)
not possible: 0 points
possible: 2 points
Possibility to create a free ETF PAC on the following indices (S&P 500, MSCI World, MSCI ACWI, Gold, Nasdaq 100, FTSE All-World)
not possible: 0 points
possible: 2 points
Securities account cost
not free: 0 points
free: 1 point
PLATFORM: 0-3 POINTS
Ease of order execution, including PAC with ETFs:
difficult: 0 points
easy: 1 point
Stock Analysis and Research:
not available: 0 points
available: 1 point
complete: 2 points
BUREAUCRATIC REQUIREMENTS: 0-6 POINTS
Ease of account opening:
difficult: 0 points
easy: 1 point
Managed regime offer:
no: 0 points
yes: 2 points
Tax return preparation support:
no: 0 points
yes: 1 point
Timeframe for crediting funds to the current account:
long: 0 points
short: 1 point
Possibility of transferring outgoing securities account:
not possible: 0 points
possible: 1 point
OFFER INCLUSIVITY: 0-2 POINTS
Possibility of fractional purchase:
not possible: 0 points
possible: 1 point
Free promotions for young people:
not present: 0 points
present: 1 point
OVERALL RATING
EXCELLENT: 13-16
VERY GOOD: 10-12
GOOD: <10