Best forex brokers in Italy

Broker Country Rating Min. Deposit Website
US5/5$50Click for a special offerWebsite
UK, Cyprus, Belize4.95/5$5Click for a special offerWebsite
Australia4.90/5$100Click for a special offerWebsite

Italy is a major market for the forex industry, which however is serviced mainly by international brokers, with a European license.

And that is possible because as an EU member Italy and its regulatory agency the Commissione Nazionale per le Societa e la Borsa (CONSOB) comply with the Markets in Financial Instruments Directive (MiFID), which allows, for example, a broker, regulated by the Cyprus Securities and Exchange Commission (CySEC) to operate in Italy after going through a formal passportization procedure with CONSOB. That is the reason quite a few forex and CFD brokers are licensed by CONSOB per se.

Other wise the Commission is the public authority responsible for regulating the Italian securities market. It regulates the investment services and operations of all financial intermediaries, as well as all activities on the regulated markets, including the regulation of the Italian stock exchange – the Borsa Italiana.

CONSOB also oversees the operations of market management companies, the transparency and orderly conduct of trading, as well as the transparency and the fairness of the conduct of intermediaries and financial representatives.

Regarding forex brokers, all CONSOB requirements are uniform with the ones specified by the MiFI Directive – namely to guarantee negative balance protection to all customers, to maintain a minimum operational capital of at least 730 000 EUR, to keep all trading capital in a segregated, protected form creditors account, to allow external audits and to file regular reports. In addition, all EU and respectively Italian brokers are prohibited from offering trading bonuses.

Forex news from Italy

Italy’s CONSOB blacklists unregulated brokerage GoldfxTrading

The unregulated Forex brokerage GoldFXtrading most likely registered offshore  has been added to the warning list of the Italian financial watchdog Commissione Nazionale

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CONSOB blacklists two Marshall Islands-based companies

The Marshall Islands-based companes Silver Wolf Limited and Joshua Limited acting through the websites www.marketspremium.com and capitalmarketsbanc.co been added to the warning list

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CONSOB blacklists broker brands of Saint Vincent and the Grenadines company

Numerous broker brands of the same company, including centrobancitaly.com; www.mycentrobancitaly.com; www.centrobancit have been added to the warning list of the Italian financial watchdog Commissione

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Unregulated brokerage Brokerz LTD added to CONSOB’s warning list

The unregulated Forex brokerage Brokerz LTD registered offshore in Saint Vincent and the Grenadines has been added to the warning list of

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Italy’s CONSOB warns against unregulated brokerage FSMSmart

The unregulated Forex brokerage FSMSmart supposedly based in Switzerland has been added to the warning list of the Italian financial watchdog Commissione Nazionale per

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Italian financial watchdog CONSOB blacklists GoldmanCFD

The unregulated Forex brokerage Goldmancfd supposedly based in Bulgaria has been added to the warning list of the Italian financial watchdog Commissione Nazionale per

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CONSOB blacklists broker brands of shady offshore company

Numerous broker brands of the same company, including SmartProFX, ProCapitalFX and CryptoClubFX have been added to the warning list of the Italian

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Italian financial watchdog CONSOB blacklists FXNoble

Unregulated Forex brokerage FXNobel, after being blacklisted by the Malta Financial Services Authority, receives similar treatment from the Italian financial regulator Commissione

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Unregulated brokers TorOption and FXBreeze blacklisted by CONSOB

Unregulated CFD brokerages TorOption and FXBreeze are the latest additions to the long warning list of Italian financial watchdog Commissione Nazionale per le

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Italy’s CONSOB warns against the Trade12 forex broker

The Italian financial watchdog, CONSOB, has warned that the companies Exo Capital Markets Ltd and Global Fin Service Ltd are not authorised to provide investment

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Italy’s CONSOB warns against unauthorized forex broker ZAR FX

Italy’s financial regulatory body CONSOB issued on Monday a warning notice against unauthorized entities Zar Forex Capital Markets, RGV Media, and RGV Holdings. These

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Italy’s CONSOB warns against unauthorized optioncm.com, ifx4u.com

Italy’s financial regulatory body CONSOB issued on Monday a warning notice against four unauthorized entities – binary options broker DGX System Ltd, Crlink Ltd,

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Italy’s CONSOB says UK, Danish, Irish authorities warn against 9 investment cos

Italy’s financial regulatory body CONSOB said on Monday it has received warning notices from the supervisory authorities in the UK, Denmark, and

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