Summary: If you want to buy stocks directly through Intesa Sanpaolo, you are out of luck. The bank does offer any form of investing features through its online platform. Not to worry, there are many alternative ways to invest in stocks with a Intesa Sanpaolo bank account. You can transfer the funds to a share brokerage platform account and purchase stocks there.
We recommend using the eToro Europe exchange as it's the most secure brokerage platform in Italy and is regulated by CySEC. eToro is a multi-asset investing and trading exchange that offers six asset classes including stocks, indices, commodities, exchange-traded funds (ETFs), fiat currencies and cryptocurrencies.
What is Intesa Sanpaolo Bank
Intesa Sanpaolo is the largest bank in Italy, and was created through a merger of two large Italian banks, Intesa and Sanpaolo IMI. The bank has over 11,000 branches and more than 30,000 ATMs across Italy. It also has a strong international presence with around 1,200 branches in 19 countries. It's a member of the Intesa Sanpaolo Group, one of the largest banking groups in Europe with over EUR 1 trillion in assets.
The bank offers a wide range of products and services including personal and business banking, corporate banking, investment banking, private banking, and asset management. Unfortunately, it doesn't offer any share-investing features through its platform. To buy stocks with Intesa Sanpaolo, the best way is by using the eToro exchange.
How to buy Stocks with Intesa Sanpaolo Bank
The best and most secure way to buy stocks with an Intesa Sanpaolo bank account is by going through the eToro exchange. Intesa Sanpaolo users can deposit EUR to eToro via Bank Transfer, Credit Card, Debit Card, Trustly, Rapid Transfer & Klarna. Follow the below steps to get started.
- Sign up to eToro and complete your email and identity verification.
- Click 'Deposit Funds', select a method and deposit EUR to eToro.
- Open the search bar, type in the stock you want to buy and tap ‘Trade’.
- Input in the amount of Euros you want to invest and click ‘Set Order’.
Can I buy Intesa Sanpaolo Bank Stocks?
On eToro, not only can you buy stocks with a Intesa Sanpaolo bank account but you also have the ability to directly invest in Intesa Sanpaolo bank by purchasing its stock ‘ISP.MI’. Follow the steps below to buy the Intesa Sanpaolo Bank stocks.
- Head to the search bar, type in ‘Intesa Sanpaolo’ and click ‘Trade'.
- Enter the amount you want to purchase and select ‘Set Order’.
Is it expensive to buy stocks?
The answer depends entirely on what platform you use to buy stocks on. If you use eToro, the fees are virtually non-existent, with free EUR deposits for Intesa Sanpaolo bank account holders. In addition to free deposits, eToro also offers brokerage-free trading on stocks which means purchasing stocks is completely free. You can visit eToros Fees Schedule for a full breakdown of its fees.