Brokers for
Options brokers in Italy for box spreads
3 brokers approve spreads on index options for residents of Italy. The same facts for each: fees, approvals, countries.
A box spread is a bull call spread plus a bear put spread on the same strikes and expiration, worth the gap between the strikes at expiration. Traders often build it on SPX, whose options settle in cash and can only be exercised at expiration, so no leg is assigned early. Check that the broker takes a four-leg order on SPX and what the four legs cost in fees. 3 brokers approve spreads on index options for residents of Italy.
At a glance: 3 brokers, 1 at $0 per contract, 1 with $0 exercise and assignment, 3 approving naked options, 2 working with QuantWheel; median fee $0.35 per contract, lowest margin rate at $50,000 9.75%.
| Broker | QuantWheel | Exercise | Approval | 0DTE | Margin | Offers | |
|---|---|---|---|---|---|---|---|
 tastytrade | Trade & Sync | $1 open / $0 close$10 opening cap per leg; other fees apply | $5 | Naked | Yes | 10.00% | |
 Tradier | Coming | $0.35 per contractPaid plans differ; other fees apply | $9 | Naked | Yes | 9.75% | |
 Firstrade | $0 per contractRegulatory fees apply | $0 | Naked puts | Yes | 11.50% |
The brokers one by one
What qualifies each for this page, from its fee schedule and options agreement, and the one fact that sets it apart.tastytrade$1 open / $0 close · $5 per event · naked
tastytrade opens options accounts for residents of Italy. It charges $1 open / $0 close ($10 opening cap per leg; other fees apply). Exercise and assignment cost $5 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; with Trade & Sync the orders you approve go to the broker from QuantWheel.
Tradier$0.35 per contract · $9 per event · naked
Tradier opens options accounts for residents of Italy. It charges $0.35 per contract (Paid plans differ; other fees apply). Exercise and assignment cost $9 each. It approves up to naked short options. It trades on Web, Desktop, Mobile, API. QuantWheel syncs positions and trades from the account and suggests; placing orders from QuantWheel is coming soon, so today you place them at the broker.
Firstrade$0 per contract · $0 exercise and assignment · naked puts
Firstrade opens options accounts for residents of Italy. It charges $0 per contract (Regulatory fees apply). Exercise and assignment cost $0. It approves up to naked short puts, not naked calls. It trades on Web, Mobile. It is not connected to QuantWheel.
More by what you trade
Every page in this folder lists the brokers that qualify, with the same facts.Related pages
The same page for other countries, then the facets traders pair with this one.Questions people ask
Box spreads