Overall, The purpose of Directa’s inception is to allow individuals to operate directly from their personal computers and now on their handheld devices on the financial markets with immediate execution of their orders at reduced costs. Directa Simpa holds an overall trust score of 5/10.
Directa Simpa at a glance
| 🔍 Broker's Name | Directa Simpa |
| 📍 Headquartered | Torino, Italy |
| 📅 Year Founded | 1996 |
| ⚖️ Regulating Authorities | Not indicated |
| 🌐 Countries not accepted for trade | Not indicated |
| ☪️ Islamic account (swap-free) | No |
| 📒 Demo Account | Yes |
| 🏛 Institutional Accounts | Yes |
| 💼 Managed Accounts | Yes |
| 📊 Maximum Leverage | Not indicated |
| 💰 Minimum Deposit | Not indicated |
| 💳 Deposit Options | Not indicated |
| 💳 Withdrawal Options | Not indicated |
| 📱 OS Compatibility | dLite, Darwin 2.0 Online Trading Platform |
| 📉 Platform Types | Web, iOS, and Android |
| 📈 Tradable assets offered | Shares, bonds, funds, ETFs, and certificates |
| 👨💼 Languages supported on Website | English, Italian, Czech, and German |
| 👥 Customer Support Languages | English, Italian, Czech, and German |
| 📆 Customer Service | 24 hours a day/ 5 days a week |
| ⭐ Open an account | 👉 Click Here |
|---|
Min Deposit
USD 0
Regulators
Not Regulated
Trading Platform
Proprietary Platform
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Directa Simpa below.
A Quick Overview of our Directa Simpa Review – 22 Key Points
- ☑Directa Simpa at a glance
- ☑Who is Directa Simpa?
- ☑Directa Simpa Safety and Security
- Directa Simpa Pro and cons
- Directa Simpa Leverage
- Directa Simpa Accounts
- Directa Simpa Market instruments
- Directa Simpa Fees, Spreads and Commissions
- Directa Simpa Deposit and withdrawal
- Directa Simpa Trading platforms
- How to open a Directa Simpa account
- Directa Simpa Customer support
- Directa Simpa Education
- Directa Simpa Research
- Directa Simpa Awards
- Directa Simpa vs DIF Broker vs Daytradeaustria – A Comparison Table
- Directa.it’s Top Countries by Similar Web
- Directa Current Popularity Trends
- Directa Simpa Customer Reviews
- Conclusion
- Disclaimer
- Frequently Asked Questions
Directa has activated its online trading system via the Internet in December 1998 as an entirely proprietary platform that has been continuously refined over time.
Who is Directa Simpa?
According to research in South Africa Directa Simpa is the pioneer of online trading in Italy that was founded in 1995 and has been operational since March 1996. The purpose of Directa’s inception is to allow individuals to operate directly from their personal computers and now on their handheld devices on the financial markets with immediate execution of their orders at reduced costs.
It began operations in 1996 with a proprietary non-Internet system, making it the first telematic broker in Italy and one of the first in the world, but has since specialized to meet the needs of active investors (day traders and scalper). Customers with Directa can trade on the Milan Stock Exchange (equities, derivatives, and fixed income securities), NYSE, NASDAQ, OTC, AMEX, CME, Eurex, Frankfurt’s XETRA, Cboe Europe, and the Forex market, via LMAX Exchange.
Directa has activated its online trading system via the Internet in December 1998 as an entirely proprietary platform that has been continuously refined over time. Today, these Directa platforms that were internally developed, are available free and do not require installing any software. They are compatible with all major operating systems.
Over 18 000 users trust their online trading operations with Directa’s trading tools, apps, and platforms.
Directa Simpa Safety and Security
One of the best benchmarks to measure the safety of a broker like Directa Simpa is to establish which regulating authorities are watchdogs over its actions. The Directa Simpa website does not give any indication that the broker is regulated by a reputable authority but guarantees provided by Italian law in the event of the bank’s bankruptcy are up to € 20,000 for each account.
Directa however has one of the safest Firewall systems possible, and Standard SSL (Secure Socket Layer) 128-bit encryption is used to protect customer passwords. Additionally, the client may mark more than one computer with an identification code issued by the Directa server, preventing any other from connecting to the account even with the correct access code and password.
Finally, it is not possible to order money transfers to accounts that are not in the client’s name or as specifically indicated in the contract.
Directa Simpa Pro and cons
| ✔️ Pros | ❌ Cons |
| Advanced services for professional trading | No evidence of reputable regulation |
| Forex and CFD derivatives trading system | No information on leverage etc. |
| More than 10 000 financial instruments | Little information on broker services |
| Professional trading platforms | |
| Simple, dynamic, or variable commission |
Directa Simpa Leverage
Although Directa Simpa mentions the possibility of buying and selling securities by utilizing the financial leverage, the website does not provide any information on leverage ratios. Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.
Leverage
Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. If you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.
Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g., 5% or 1%), and you must have funds in your trading account to ensure sufficient margin.
For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades, otherwise your trading account will be fully hedged.
Directa Simpa Accounts
Directa Simpa offers the following types of accounts:
| 🌐 Trading Account Option |
| 🌐 Investment Account Option |
Demo Account
This account can be free with the platform that best suits your needs. You will have virtual liquidity of € 100 000 available for 15 days.
| 🌐 Directa Demo Account | $100 000 virtual funds |
| Available 15 days | |
| ⭐ Open an account | 👉 Click Here |
|---|
Directa Account at Zero Costs
With Directa, it is possible to carry out trading/investing operations while keeping money and securities in an ordinary account held at one of Directa’s partner banks throughout the country.
▶ This account has zero account opening or closing costs, no monthly or annual management fees, zero securities custody, and administration costs, and no liquidity transfer costs charged to the Customer.
▶ No fees are charged for using proprietary platforms and zero fees for access to markets.
▶ There is no stamp duty on liquidity also for amounts exceeding € 5 000 on average per year.
Directa Simpa Market instruments
Directa Simpa offers the following of the above: Shares, bonds, funds, ETFs, and certificates. In addition to trading on Italian stocks, European Blue Chips, and on American markets, Directa also offers crowdfunding and trading at no cost on a wide range of listed funds, ETFs, and Certificates.
Directa Simpa Fees, Spreads and Commissions
Cost depends on several factors, like spread and margins, and Directa Simpa clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the ask rate. A pip represents the smallest increment that an exchange rate can move.
Trading fees seem to be charged according to an intricate system and are set out in detail, although a bit incomprehensible, on the broker’s website. The broker’s accounts have zero account opening or closing costs, no monthly or annual management fees, zero securities custody, and administration costs, and no liquidity transfer costs charged to the Customer.
No fees are charged for using proprietary platforms and zero fees for access to markets. There is no stamp duty on liquidity also for amounts exceeding € 5 000 average per year.
Min Deposit
USD 0
Regulators
Not Regulated
Trading Platform
Proprietary Platform
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Directa Simpa Deposit and withdrawal
Accounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be done in the same ways, but sometimes differ. In the case of Directa Simpa, no information could be obtained at the time of writing about minimum requirements or payment methods to fund accounts.
Directa Simpa Trading platforms
The forex trading platform provided by Directa Simpa to its clients is the software to carry out their trades. Some brokers provide only one, others quite a few platforms. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.
Directa Simpa provides the following platforms:
▶ dLite
This is a simple and intuitive platform, compatible with all operating systems, and available for all modern PCs, tablets, and smartphones. It offers a single trading environment with operational modules as well as data visualization tools, customizable according to a customer’s needs.
▶ Darwin 2.0 Online Trading Platform
The advanced professional online stock trading platform is complete with every feature a trader may ever need. The investor has in a single trading environment, many operational trading modules as well as data visualization tools.
▶ Visual Trader (VT6)
the visual trader offers market and geographical analysis, market profile as well as Nick charts to ensure an efficient trading environment.
How to open a Directa Simpa account
Similarly, to a bank, to register a forex trading account with Directa Simpa for the first time, you will be required to go through a basic “know your customer” process, which will allow Directa Simpa to ascertain that your submitted details and ensure the safety of your funds and account details.
With Directa Simpa the process entails a standard procedure and can be initialized from the website.
Step 1 – Navigate to the Directa Simpa website
Click “Open Account’ to start the Directa Simpa account registration process
Step 2 – Directa Simpa documentation required
Ensure you have an id document, bank account IBAN code, and tax identification number, and click proceed.
Step 3 – Directa Simpa application form
Provide your Personal details to complete the application for Directa Simpa such as your last and first name, and email address, and sign a declaration if administered under your personal company.
Complete the KYC process for Directa Simpa approval and login details.
Directa Simpa Customer support
Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it. In the case of Directa, Simpa customers can reach the support team via phone, live chat, and email.
Directa Simpa Education
Before starting to trade, potential clients of Directa Simpa should avail themselves of all the information and trading skills needed to be successful in the world of forex and commodity trading. Directa Simpa offers platforms with technologically advanced features, including guidance on how to use it to trade successfully.
Directa Simpa Research
To be able to trade with confidence, traders should do as much research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they do not lose money unnecessarily and trade as profitable as possible.
With Directa Simpa they have access to basic reviews, analysis, and news.
Directa Simpa Awards
Being an awarded company instills extra confidence in traders. Although Directa Simpa is acclaimed by customers, there is no indication of awards won on its homepage.
Directa Simpa vs DIF Broker vs Daytradeaustria - A Comparison Table
| 🥇 Directa Simpa | 🥇 DIF Broker | 🥇 Daytradeaustria | |
| 💳 Minimum Deposit | Not Indicated | EUR 2000 | $ 2000 |
| ⤴ Maximum Leverage | Not Indicated | 1:30 | 1:100 |
| 🎉 Rewards Programs | ☑ Yes | None | ☑ Yes |
| 💻 MetaTrader 4 Platform | None | None | ☑ Yes |
| ⭐ Open an account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
|---|
Directa.it's Top Countries by Similar Web
| Countries | % of Traders |
| 🌍 Italy | 81.15% |
| 🌍 Switzerland | 6.53% |
| 🌍 Sweden | 3.24% |
| 🌍 Austria | 2.94% |
| 🌍 Ukraine | 2.92% |
| 🌍 Others | 3.21% |
| 📌 Open an account | 👉 Click Here |
|---|
Directa Current Popularity Trends
According to Google Trends, here is an overview of how frequently the search term – “Directa” is entered into Google’s search engine over a given period of time.
Directa Simpa Customer Reviews
One of the best choices among Italian brokers
Good Italian broker who acts as a withholding agent, which is no small feat. The interface needs to be modernized, but it does its job. I followed one of their free webinars and it was well done. – Thomas
Very competitive rates compared to …
Very competitive rates compared to the Italian average, but not compared to foreign alternatives and with a somewhat difficult platform. Wide access to the markets but unfortunately the offer on options is very poor. If the Italian and especially the US iso-alpha options are tradable, my rating will go to 4 stars. – fry
Great
For ETFs, the Italian market, and derivatives it is excellent, low commissions, and really safe, directa is a certainty. The only problem is the American stocks, the commissions are quite in line with the average of normal banks, therefore high, and it’s a real shame because I invest mainly in American stocks, so I referred to other brokers for this part of my wallet. I will put 5 stars immediately if the commissions on US stocks go down – Gio
Conclusion
Overall, Directa Simpa can be described as the pioneer of online trading in Italy and one of the first telematic brokers in Italy and in the world. Directa customers can trade on the Milan Stock Exchange (equities, derivatives, and fixed income securities), NYSE, NASDAQ, OTC, AMEX, CME, Eurex, Frankfurt’s XETRA, Cboe Europe, and the Forex market, via LMAX Exchange.
The broker’s platforms were internally developed, are available free, and do not require installing any software. They are compatible with all major operating systems. Simple, dynamic, or variable commission is available, more than 10 000 financial instruments can be traded, and advanced services are provided for professional trading.
Min Deposit
USD 0
Regulators
Not Regulated
Trading Platform
Proprietary Platform
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Disclaimer
Directa Simpa warns potential customers that Forex and CFDs trading always carries a substantial risk and may not be suitable for all investors. Before deciding to trade with Directa Simpa, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Directa Simpa warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Directa Simpa cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.
Frequently Asked Questions
Is Directa Simpa a fake or a scam broker?
Our research did not reveal any adverse reviews or findings against Directa Simpa, but traders should take note that this broker seems not to be regulated by any reputable authorities.
What is the overall rating out of 10 for Directa Simpa?
Directa Simpa holds a rating of 5/10.
How many instruments can I trade with Directa Simpa?
You can trade several different instruments with Directa Simpa, which include Shares, Bonds, Funds, ETFs, Certificates
Does Directa Simpa manipulate the market?
No, Directa Simpa is not known for any market manipulation.
When was Directa Simpa founded?
Directa Simpa started operations in 1996.
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