Best Forex Brokers in Italy

Following our in-depth review and ranking process, here are the best forex brokers in Italy;

Best Forex Brokers in Italy

  1. IG
  2. IC Markets
  3. CMC Markets
  4. Avatrade
  5. Markets.com

1. IG

IG

IG is a highly reputable global online broker established by IG Group plc; a publicly-traded company listed on the London Stock Exchange. IG offers CFD trading across a wide variety of asset classes including forex, shares, indices, commodities, cryptocurrencies, options, bonds, interest rate, sectors and ETFs with over 17,000+ instruments available to trade.

IG offers an exceptional brokerage service, with trading solutions suitable for retail (beginners and professionals) and institutional clients (such as hedge funds, family offices, private investment vehicles, asset managers, brokers, banks and introducing brokers). Also, traders can get access to an extensive list of great brokerage services including deep liquidity, superior trade execution, volume-based rebates, industry-standard trading platforms, competitive spreads, expert customer support service, and much more.

IG Overview

BrokerIG
Regulation CFTC (U.S.), FCA (U.K.), ASIC (Australia), FCA (United Kingdom), FINMA (Switzerland), FMA (New Zealand), MAS (Singapore), FSA (Japan), FSCA (South Africa), DFSA (UAE), BMA (International)
Forex Pairs81
Trading PlatformsProRealTime, L2 Dealer, MetaTrader 4
Minimum Deposit$300 (or currency equivalent)
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:200
Account CurrenciesUSD, GBP, AUD, EUR, SGD, HKD.
Payment MethodsBank Wire Transfer, Credit/Debit Cards, Paypal

Pros

  • Strong regulatory framework.
  • Listed on the stock exchange.
  • 45+ years of industry experience.
  • 313,000+ clients worldwide.
  • Deep liquidity.
  • Negative balance protection.
  • Volume-based rebates.
  • Industry-standard trading platforms available in web, mobile and desktop versions.
  • Competitive spreads from 0.6 pips on major currency pairs.
  • Fast and secure payment methods.
  • No minimum deposit for bank transfer.
  • Excellent eductional offering for beginner, intermediate and advanced traders.
  • Outstanding research offering.
  • Great customer support service.

Cons

  • Inactivity fee charged (after 2 years of inactivity).
  • No support for copy trading and social trading.
  • High financing rate.
  • Limited product portfolio in some countries.
  • No support for social trading and copy trading.

2. IC Markets

IC Markets

IC Markets is a global leading online broker, as well as one of the largest forex & CFD providers (by trade volume) in the world. It offers CFDs on a wide variety of global markets including forex, stocks, commodities, indices, cryptocurrencies, bonds and futures, with over 1780+ instruments to trade.

IC Markets offers an excellent trading solution suitable for beginner and professional traders, along with adequate support for all trading styles and strategies (such as scalping, hedging, algorithmic trading etc). In addition, all clients can enjoy a plethora of top-notch trading services, some of which includes; consistent ultra-low spreads from 0.0 pips, fast trade executions, deep liquidity, advanced trading platforms & tools, transparent pricing and low trading fees, and an experienced customer support team available 24/7.

IC Markets Overview

BrokerIC Markets
Regulation ASIC, FSA, CYSEC
Forex Pairs61
Trading PlatformsMetaTrader 4, MetaTrader 5, cTrader
Minimum Deposit$200 (or currency equivalent.)
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:500
Account CurrenciesAUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, CHF.
Payment MethodsBank Wire Transfer, Credit and debit cards, Paypal, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Rapidpay, Thai internet banking, Vietnamese internet banking.

Pros

  • Hassle-free account registration process.
  • Strong regulatory framework.
  • Over 180,000+ clients across 190 countries worldwide
  • Deep liquidity.
  • Negative balance protection.
  • Clients funds are segregated.
  • Industry-standard trading platforms available for mobile and desktop devices.
  • Provides support for algorithmic Expert Advisors.
  • Over 61 currency pairs to trade including major, minor and exotic currency pairs.
  • Flexible leverage from 1:1 to 1:500.
  • Low latency and ultra-fast trade execution.
  • Supports all trading styles and strategies.
  • Low spreads (starting from 0.6 pips) with zero commissions on the standard account.
  • Ultra-low spreads from 0.0 pips on IC Markets’ Raw Spread accounts.
  • Multiple fast and secure payment methods, with fast deposit and withdrawal processing times.
  • Demo account with unlimited usage duration.
  • No inactivity fee.
  • Dedicated and friendly multi-lingual customer support service available 24 hours a day, 7 days a week.

Cons

  • Product offering limited to CFDs.
  • No proprietary trading platform.

3. CMC Markets

CMC Markets

CMC Markets is a global Forex and CFDs provider established by CMC Group; a publicly-traded company listed on the London Stock Exchange and a constituent of the FTSE 250 Index. It offers CFDs across a wide variety of markets including forex, indices, commodities, shares, ETFs, cryptocurrencies and treasuries with over 11,000+ instruments to trade.

CMC Markets offers excellent trading solutions for both retail and institutional clients (such as banks, brokers, money managers, family offices, fintech and private banks). It also provides support for all trading strategies including scalping, hedging, algorithmic trading etc. Furthermore, traders can enjoy competitive spreads, deep liquidity, superior order execution, industry-standard trading platforms, fast & secure payment methods, quality market research offering, quality education offering and a great customer support team, among others.

CMC Markets Overview

BrokerCMC Markets
Regulation ASIC (Australia), IIROC (Canada), BaFin (Germany), MAS (Singapore), and the FCA (U.K), FMA (New Zealand), DFSA (UAE)
Forex Pairs300+
Trading PlatformsNext Generation platform, MetaTrader 4 (MT4)
Minimum Deposit$0
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:500
Account CurrenciesGBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD
Payment MethodsWire Transfer, Credit / Debit Cards, Electronic Payments.

Pros

  • Strong regulatory framework.
  • Over 30 years’ industry experience
  • Beginner friendly.
  • Trusted by over 300,000+ global clients.
  • Clients funds are segregated.
  • Deep liquidity and no requotes.
  • 330+ currency pairs.
  • No minimum deposit.
  • Industry-standard trading platforms (proprietary and third-party) available for mobile and desktop devices.
  • Support for expert advisors.
  • Ultra-fast order execution with umatched liquidity.
  • Flexible and high leverage, from 1:1 to 1:500.
  • Ultra low spreads from 0.0 pips on major currency pairs.
  • Secure payment methods, with fast deposit and withdrawal processing times.
  • Great customer support with fast response time.

Cons

  • Limited product offering.
  • Withdrawal fee charged for international bank transfer.

4. Avatrade

Avatrade

Avatrade is a global leading online broker established and operated by Ava Group; a highly trusted global brand in the online trading industry. Avatrade offers forex trading & CFD trading across a wide variety of asset classes including indices, metals, energies, commodities, stocks, bonds, ETFs and cryptocurrencies, with over 1250+ instruments to trade.

Avatrade offers an exceptional trading solution suitable for both beginner and professional retail traders. It also provides support for all types of trading styles and strategies, along with an extensive list of great trading services including deep liquidity, negative balance protection, competitive spreads, industry-standard trading platforms, fast & secure payment methods and great customer support service.

Avatrade Overview

BrokerAvatrade
Regulation ASIC (Australia), Central Bank of Ireland (Ireland), FSA, FFAJ (Japan), ADGM-FSRA, FSC (British Virgin Island), FSCA (South Africa), CySEC (Europe), ISA (Israel)
Forex Pairs55
Trading PlatformsMetaTrader 4, MetaTrader 5, WebTrader, AvaTradeGo, AvaOptions
Minimum Deposit$100
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:400
Account CurrenciesEUR, GBP, USD, CHF, AUD
Payment MethodsBank Wire Transfer, Credit/ Debit Cards, Skrill, Neteller, WebMoney, POLi

Pros

  • Strong regulatory framework.
  • Beginner friendly.
  • Hassle free account registration process.
  • Clients funds are segregated.
  • Deep liquidity.
  • Negative balance protection.
  • Competitive spreads.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Transparent fee structure with no hidden charges.
  • No deposit and wihdrawal fee.
  • Multiple fast and secure deposit and withdrawal methods.
  • Offers social/ copy trading through third party trading platforms such as DupliTrade and ZuluTrade.
  • Great customer support service.

Cons

  • Limited range of instruments, compared to competitors.

5. Markets.com

Markets.com

Markets.com is a reputable online broker established in 2008 by Safe Cap Investments, a subsidiary of Playtech PLC which is a publicly-listed company traded on the London Stock Exchange’s main market. It CFD trading across a wide variety of global markets, including forex, indices, commodities, shares and cryptocurrencies with over 2000+ instruments to trade.

Markets.com is suitable for both beginner and professional retail traders. It provides several innovative trading solutions and tools, to meet a wide range of clients trading needs. These include access to industry-standard trading platforms, low latency & fast order execution, a wide selection of asset classes, fast & secure payment methods, negative balance protection and a great customer support service.

Markets.com Overview

BrokerMarkets.com
Regulation CySEC (Europe), FCA (United Kingdom), FSCA (South Africa), ASIC (Australia) and FSC (British Virgin Island).
Forex Pairs67
Trading PlatformsMarketsx, Marketsi, MetaTrader 4 and MetaTrader 5.
Minimum Deposit$100
Demo AccountAvailable | Open Demo Account
Maximum Leverage1:300
Account CurrenciesUSD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, AED
Payment MethodsBank wire transfer, local bank transfer, credit/ debit cards, Skrill, Neteller, Paypal, iDeal and Sofort.

Pros

  • Strong regulatory framework.
  • Parent company listed on the London Stock Exchnage.
  • Beginner friendly.
  • Hassle-free account registration process.
  • Deep liquidity.
  • Negative balance protection.
  • Low latency and fast order execution.
  • Competitive spreads.
  • Industry standard trading platforms available in web, mobile and desktop versions.
  • Multiple fast and secure payment methods.
  • Offers a swap free account.
  • Great customer support service, with fast response time.

Cons

  • Limited product offering.
  • Inactivity fee charged (after 3 months of inactivity).