How to Choose the Best Forex Brokers in Italy?
Italy possesses a heavy population of approx 60 million potential forex traders, and the country has a mixed economy and ranks as the third-largest country in the Eurozone. Forex trading is legal in Italy, and investors are allowed to access and trade forex easily. Finding the best forex brokers in Italy is slightly difficult as there are many scam brokers in the market.
It is highly recommended that forex brokers do business in Italy, get authorisation from CONSOB or the National Commission for Companies and the Stock Exchange. However, this is not strictly essential.
Italian forex traders have less choice to find the best forex brokers. We have made this easy for Italian forex traders to find the legit broker that accepts traders from Italy and into their base currency.
While choosing the right broker, traders should keep in mind some essential facts and points like regulation, trading platform, account types, trading instruments, fees & commission and customer support.
Below will dive deep into unbiased reviews of the top forex brokers in Italy based on the various features and parameters. This will help our valuable viewers to choose the right broker and start their forex trading journey.
Best Forex Brokers in Italy
ROinvesting:
ROinvesting is an excellent international forex broker that incorporated its services in 2015. The broker operates from Cyprus and is the trade name of Royal Forex Ltd under registration no 336694. The brokerage firm is regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence no 269/15.
The broker offers a wide range of trading instruments from various financial markets worldwide. CFD trading, forex trading, stock trading, crypto trading, indices trading, etc.
The broker offers commission-free trades with the core account types known as Silver, Gold and Platinum for the retail and professional traders. It also provides a demo account and swap-free Islamic account for Muslim traders under Sharia law.
The broker offers an advanced and globally used trading platform, MetaTrader4, for mobile, web and desktop. The trading platform allows traders to trade in multiple markets at one click and offers advanced technical tools and analysis options. The platform is user-friendly and perfect for all traders from novice to pro level.
The broker offers multiple payment options for deposit and withdrawal. It has outstanding educational support, which helps traders understand the different strategies and dynamics of the financial markets.
The broker has a dedicated and award-winning customer support team, which is well trained and assists investors and traders promptly 24/7.
Why Trade with ROinvesting?
- CySEC regulated
- Min Deposit $250
- 345+ Tradable assets
- Userfriendly trading platform
- Commission-free trades
- Maximum Leverage 1:500
- Variable Spreads
- Dedicated customer support
Overall, ROinvesting is the best forex broker for Italian traders that offers all essential services and features for forex trading. Read a detailed ROinvesting review. Open an account and start trading with ROinvesting.
Brokereo:
Brokereo is the Concorde Investments (Cyprus) brand name that operates from Limassol, Cyprus, under registration no. 300828. The broker is regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC) under licence no 189/13. The broker is the leading forex broker and expanding its services worldwide. The service provider always tries to provide best in class services to its valuable clients.
The broker offers a large number of 300+ trading assets from different financial markets, covering forex, stocks, crypto, commodities, indices, etc. The broker provides a best in class MetaTrader4 trading platform with advanced analysis and trading features.
The broker provides the commission-free trading features with unique three trading account types Silver, Gold and Platinum. Each account type has some additional features and services. Spreads start as low as 0.3 pips on platinum account type.
The broker offers comprehensive payment methods for deposit and withdrawals. The education and research section of the broker is outstanding and quite informative. Beginner traders can benefit from all material and enhance their trading profits.
The financial service provider offers 24/7 customer support with a dedicated team that solves problems instantly.
Why Trade with Brokereo?
- Min Deposit $250
- CySEC regulated
- 300+ Tradable assets
- MetaTrader4 trading platform
- Low and Floating spread
- Maximum Leverage 1:30
- Dedicated support
Overall, Brokereo is the best forex broker for Italian traders that offers all essential services and features for forex trading. Read a detailed Brokereo review. Open an account and start trading with Brokereo.
IGM FX:
IGM FX is the leading online broker expanding its services rapidly with its advanced trading features and conditions. The firm has started its operations to offer outstanding financial assistance to every trader from novice to pro level. Within no time, the trading platform has been managed to get thousands of active clients.
IGM Forex is situated in Limassol, Cyprus. The firm is regulated by Cyprus Securities and Exchange Commission(CySEC) under license number 309/16.
The broker offers a wide range of trading instruments through various financial markets across the globe. Forex trading, Stock trading, Commodity trading, Crypto trading, CFD trading, Indices trading, etc., are some of the top markets in which traders can trade and enhance their trading journey.
The traders get the benefit of three main account types known as Silver, Gold, and Platinum. All these accounts have some unique features and services. It also provides a globally recognised and widely used MetaTrader4 trading platform with advanced features to its customers.
The broker provides a broad and comprehensive range of payment methods for deposit and withdrawal. The educational and research section is outstanding. The broker has quality and dedicated customer service that offers 24/7 assistance to its customers.
Why Trade with IGM FX?
- Min Deposit $250
- CySEC regulated
- 165+ Tradable assets
- MetaTrader4 trading platform
- Low and Floating spread
- Maximum Leverage 1:30
- Negative Balance Protection
- Outstanding Educational Support
- Dedicated support
Overall, IGM FX is the best forex broker for Italian traders that offers all essential services and features for forex trading. Read a detailed IGM FX review. Open an account and start trading with IGM FX.
Tradedwell
Tradedwell is an emerging forex broker and is the trading name of reputed firm iTrade Global that operates from Limassol, Cyprus, under registration no. 335424. The firm is regulated by Cyprus Securities and Exchange Commission(CySEC) under license number 298/16. The brokerage firm offers advanced trading services and the latest technology to its clients.
Traders benefit from trading on more than 170+ tradable assets from various markets, including CFD trading, forex trading, stock trading, crypto trading, commodity trading, indices trading, etc.
The broker offers commission-free trades on all assets through three core account types: silver account, gold account, and platinum account. The broker also offers a demo account and swap-free Islamic account for Muslim traders under sharia law. Traders can take advantage of the latest and advanced trading features offered by the broker. Each account type comes with swap discounts and starts with low spreads.
The broker offers a globally recognised and used MetaTrader4 trading platform through desktop, web and mobile app. The platform is well equipped with the latest technology and advanced analysis tools and indicators.
The broker offers free deposits and withdrawal through multiple payment options. Broker’s education and research section is the eyecatcher. The material is outstanding and beneficial for both novice and seasoned traders.
The broker’s customer support is best in class and offers multilingual and instant support to their clients and solves their queries in no time.
Why Trade with Tradedwell?
- Min Deposit $250
- CySEC regulated
- 170+ Tradable assets
- MetaTrader4 trading platform
- Low and Floating spread
- Maximum Leverage 1:500
- Negative Balance Protection
- Outstanding Educational Support
- Dedicated multilingual support
Overall, Tradedwell is the best forex broker for Italian traders that offers all essential services and features for forex trading. Read a detailed Tradedwell review. Open an account and start trading with Tradedwell.
BDSwiss
BDSwiss started its operation in 2012 and is the trading name of BDSwiss Holding Ltd. The firm is regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC).
The broker offers trading on more than 250+ tradable instruments, including forex, crypto, stocks, commodities, indices, etc. The service provider provides commission-free trading through its three account types known as Raw, Vip and Classic accounts. It also offers a demo account and an Islamic account.
The broker offers its own Web trading platform and MetaTrader4 and MetaTrader5. The broker offers free deposits and withdrawals through multiple payment options. Traders might get charged an inactivity fee after 90 days.
The research and educational material are excellent and informative. The customer support of the broker is exceptional and offers 24/5 assistance.
Why Trade with BDSwiss?
- CySEC regulated
- 250+ Tradable assets
- MetaTrader4 trading platform
- Maximum Leverage 1:30
- Outstanding Educational Support
IC Markets
IC Markets started its operations in 2007 from Sydney, Australia. The broker is regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC) and Australian Securities and Investments Commission (ASIC).
The broker offers a wide range of trading instruments from different financial markets like stocks, forex, cryptos, indices, futures, etc. Traders get access to the three account types Raw(C Trader), Raw(MetaTrader) and standard account type. It also provides a demo account and an Islamic account. Traders have to pay commission on Raw account type while commission-free trade on standard account with 1pip.
The broker offers C Trader, MetaTrader4 and MetaTrader5 through desktop, web and mobile app. The broker has multiple payment methods for deposit and withdrawal. The customer care team is quite responsive to the broker and offers 24/7 support.
Why Trade with IC Markets?
- CySEC regulated
- MetaTrader4 and MetaTrader5 trading platform
- Maximum Leverage 1:500
- Min Deposit $200
Final Thought:
This was a detailed overview of the best forex brokers in Italy. We hope you will find this helpful article. Overall all brokers are the best brokers that offer the best trading services and features. We will recommend going with ROinvesting as the broker is the best international forex broker that offers outstanding features and trading conditions that support all types of traders from novice to seasoned.
