Forex regulation in Italy
This page explains the authorities and public records connected with retail forex and CFD activity in Italy. Rules can depend on the product, legal entity, client type and location.
Regulatory overview
Commissione Nazionale per le Società e la Borsa and Banca d'Italia are on record for Italy.
Authorities
Broker records
| Broker | Authority | Licence | Status | |
|---|---|---|---|---|
 Fineco 7.9/10 | CONSOB | Not confirmed | Review pending | View licence record |
| Fineco 7.9/10 | Bank of Italy | Not confirmed | Review pending | View licence record |
Client protections
Under CONSOB
- Client-money rules
- Applies in limited circumstances
- Capital requirements
- Varies by licence
- Negative balance protection
- Not confirmed
- Leverage restrictions
- Applies to eligible retail clients
- Compensation scheme
- Not confirmed
- External dispute resolution
- Not confirmed
- Risk disclosures
- Required for relevant firms
- Reporting or audit
- Required for relevant firms
Under Bank of Italy
- Client-money rules
- Applies in limited circumstances
- Capital requirements
- Varies by licence
- Negative balance protection
- Not confirmed
- Leverage restrictions
- Not confirmed
- Compensation scheme
- Not confirmed
- External dispute resolution
- Not confirmed
- Risk disclosures
- Required for relevant firms
- Reporting or audit
- Required for relevant firms
Complaint routes
We have not confirmed a public complaint-submission route for an authority in Italy. Check the official website and the broker's governing documents.
Official warnings
No official warnings connected with Italy are recorded.
Frequently asked questions
Is forex trading regulated in Italy?
CONSOB, Bank of Italy are the authorities on record for Italy.
Does a foreign licence protect a trader in Italy?
Only when the account is legally contracted with the licensed entity and the licence permits the relevant service. A broker brand may operate several entities, and the protections follow the entity that signs the account agreement, not the brand.