Before starting trading in the market, always choose a reliable forex broker for trading. This article helps you out in selecting the best forex brokers in Italy from the market. All brokers have excellent features and services for traders. All the fore brokers of Italy are regulated by the (CONSOB).
What is forex trading?
In simple words, the exchange of one currency against another currency. The forex exchange exists for a variety of reasons like tourism, commerce, and trading. The currency price increases in the trading market, known as going long, and the price of currency decreasing in the trading market is known as short. Every day the transaction of individuals, companies, and banks is around $6.6trillion, huge. The forex trading and stock markets are different; the stock is buying as a share and buying and selling the currencies in the forex market.
What is a forex broker?
The forex broker is the mediator between buyers and sellers of the currencies. According to the forex broker, a different broker has a commission or fees charged.
Which are the Best Forex Brokers in Italy?
These are the best forex brokers in Italy that providing amazing services to traders.
Brokereo
The brokereo platform is started in 2020, and it is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The platform offers 300+ CFDs instruments on various assets like forex, cryptocurrency, metals, stocks, commodities, and indices. The Brokereo is the brand name of Concorde Investments Ltd. the broker uses the MetaTrader 4 platform for trading. Brokereo offers the three types of trading accounting as silver, gold, and platinum and each account has unique features and services to the traders. The minimum deposit required for the trading is $250.
What are the features and services of the Brokereo platform?
- The platform offers commission-free trading to all the traders of the platform.
- Customer support is available for traders.
- The available base currencies are EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP, and more.
- The broker offers the maximum leverage of 1:500 to the professional traders.
- The spread starts from 0.03.
- There is no charge to deposit the money into the account.
- Hedging is allowed in all accounts. It helps reduce the losses and risk in the investment by taking the opposite positions.
- Fifth, decimal trading is offered for better liquidity and execution in trading positions.
- The broker offers a Swap discount of % to the professional clients.
Spread in silver account
- Gold 3.00
- Crude Oil 1.00
- Dax 5.00
- EUR/USD 3.0
- GBP/USD 3.5
- USD/JPY 3.5
Spread in the gold account
- Gold 1.80
- Crude Oil 0.40
- Dax 3.75
- EUR/USD 2.5
- GBP/USD 3.0
- USD/JPY 3.0
Spread in platinum account
- Gold 1.50
- Crude Oil 0.30
- Dax 2.50
- EUR/USD 2.0
- GBP/USD 2.5
- USD/JPY 2.5
IGMFX
IGMFX is a great broker in the market, and it is authorised and regulated by the Cyprus Securities and Exchange Commission (CSEC). The broker offers 170+ CFDs instruments on various assets like forex, commodity, stocks, metals, indices, and cryptocurrency. The data of all the trader’s translations are completely secure by the broker. The broker provides educational resources to the traders for a better trading experience with the help of ebooks, VOD, tutorials, courses, and articles. The broker offers three types of trading accounts for trading such as silver, gold and platinum.
What are the features and services of the IGMFX platform?
- The platform has a dedicated account manager for trading.
- The maximum leverage is offered up to 1:400 to the professional traders of the forum.
- The platform provides the facility of the customer support system for the traders.
- The broker uses the MetaTrader 4 platform for trading.
- The trader has the option of trading signals via SMS from MTE.
- The margin call is 100%; it is one of the most beneficial features of the IGMFX.
- You have an option of stop-loss of 50% in the platinum account.
Spread of silver account
- EUR/USD 3
- GBP/USD 3
- USD/JPY 3
- Crude oil $0.13
Spread of the gold account
- EUR/USD 2.5
- GBP/USD 2.8
- USD/JPY 2.8
- Crude oil $0.10
Spread of platinum account
- EUR/USD 1.8
- GBP/USD 2.3
- USD/JPY 2.3
- Crude oil $0.08
TradedWell
The TradedWell platform is started in 2020, and it is a brand name of ITrade Global. TradedWell is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers 170+ CFD instruments on various assets like forex, cryptocurrency, metals, commodities, and indices. The platform doesn’t charge any commission from the traders. The maximum leverage is offered up to 1:500 to the professional clients. The broker provides educational material like articles, VOD, courses, tutorials, ebooks to the traders of the platform. The technology which is using by the broker is the latest as well as upgraded in the market.
What are the features and services of the TradedWell platform?
- The headquarter of the TradedWell is Isiodu, Andrea Laskaratou & Emmanuel Roides Street 10-12, 2. Floor, Ayia Zoni, 3031 Limassol, Cyprus.
- Fifth, decimal trading is offered for better liquidity and execution in trading positions.
- The deposit and withdrawal options of the TradedWell platform is Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer.
- The broker doesn’t charge any commission on trading; in simple words, the platform is completely commission-free.
- The minimum deposit required for trading is $250.
- The execution speed of the silver account is 0.08
- The execution speed of the gold account is 0.06
- The execution speed of the platinum account is 0.05.
- Hedging is allowed in all accounts; it helps to reduce the losses and risk in the investment by taking the opposite positions on the same asset.
- The data of all the trader’s transactions is completely safe from hackers.
Spread in silver account
- Gold 80
- Crude oil 250
- EUR/USD 28
- GBP/USD 28
- USD/JPY 28
Spread in the gold account
- Gold 70
- Crude oil 250
- EUR/USD 20
- USD/JPY 20
- GBP/USD 20
Spread in platinum account
- Gold 60
- Crude oil 200
- EUR/USD 18
- USD/JPY 18
- GBP/USD 18
ROinvesting
ROinvesting was founded in 2015, and it authorised and regulated by the Cyprus Securities and Exchange Commission (CYSEC). It is the brand name of Royal Forex Ltd. The platforms offer 350+ CFS instruments to the trader on various assets like forex, cryptocurrency, metals, indices, stocks, and commodities. The platform also provides educational resources for a better experience trading with the help of articles, courses, VOD, tutorials, and ebooks. The broker offers the three types of trading account like silver, gold, and platinum for trading.
What are the features and services of the ROinvesting platform?
- The broker offers the auto trading option for the traders.
- The broker offers the maximum leverage of 1:500.
- The execution model of the ROinvesting platform is MT4NDD, MT4NCC, MT4 Fixed, MT4 Cent.
- Hedging is allowed in all accounts. It helps to reduce the losses and risk in the investment by taking the opposite positions on the same asset.
- The broker provides a dedicated account manager for trading.
- The headquarters of the ROinvesting is in City home 81, 3rd floor, 128-130 Limassol Avenue, 2015 Strovolos, Nicosia.
- Fifth, decimal trading is offered for better liquidity and execution in trading positions.
Spread in silver account
- EUR / USD 28
- GBP / USD 28
- USD / JPY 28
- AUD / USD 28
- USD / CHF 28
Spread in the gold account
- EUR / USD 20
- GBP / USD 20
- USD / JPY 20
- AUD / USD 20
- USD / CHF 20
Spread in platinum account
- EUR / USD 18
- GBP / USD 18
- USD / JPY 18
- AUD / USD 18
- USD / CHF 18
BDSwiss
The BDSwiss is the oldest broker in the market that was founded in 2012. It is a brand name of BDSwiss Holding Ltd. BD Swiss is authorised and regulated by the Cyrus Securities and Exchange Commission (CySEC), Mauritius Financial Services Authority (FCA), and last Seychelles Financial Services Authority (FSA). The broker offers 250+ CFDs instruments on various assets like forex, commodity, indices, and shares through the MetaTrader 4 platform. The broker provides the three types of accounts for trading: classic, VIP, and raw, which has different amazing features for the account holders.
What are the features and services of the BDSwiss platform?
- The platform is completely commission-free for traders.
- The spread is starting from1.5.
- In the raw account, the spread starts from 0.
- The traders have a personal account manager for trading.
- The trader can use the trading tools of the platform which the broker provides.
- The maximum leverage is offered up to 1:30 to the Raw account holder.
- The minimum deposit is different for all the accounts, such as classic minimum deposit is $100, VIP minimum deposit is $3000, and Raw minimum deposit is $5000.
- The deposit and withdrawal option of BDSwiss platform is Credit Card, Giropay, iDeal, Neteller, Skrill, Sofort, Wire Transfer.
- The broker provides customer support services to the traders.
IC Markets
IC Markets is based on the Australian broker, and it was founded in 2007. IC Markets is authorised and regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the last Seychelles Financial Services Authority (FSA). The platform offers three types of trading account for trading such as cTrader, Raw Spread, and Standard account. The broker provides commission-free trading for all the traders of the platform.
What are the features and services of the IC Markets platform?
- The spread starts in Raw spread, and CTrader is 0.
- The spread of the standard account starts from 1.0
- The trader can trade on 60+ currency pairs.
- The platform uses the Metatrader 4 as well as MetaTrader 5 platform for trading.
- The minimum deposit is €200 before starting the trading.
- The commission fee is different for all the accounts like CTrader commission is €3.0, Raw Spread commission is €3.5, and the standard account commission is €0.0.
The Bottom Line
In this article, we discussed best forex brokers in Italy and the features and services of the broker towards traders. All the brokers have unique features and services for the traders.
