Trade.com Goes Live in Italy with Local Regulatory License

Fazzaco learned that Trade.com, the multi asset brokerage brand operated by Trade Capital Holding, has acquired an Italian regulatory license and launched operations in the country.

The Italian business, run under the locally formed entity Trade Capital Italia SIM, which has received authorization as an investment services company from CONSOB, will provide services for both retail and professional clients. Local customers will be able to trade US and EU-listed equities. Looking ahead, the company plans to introduce CFDs services in the next two or three months.

"We see Italy as a very strategic market," Roei Gavish, the Group CEO of Trade.com.

Further, Trade.com eyes more markets in the European Union region.

Additionally, the company has launched a new offering TRADE Challenge, through which it will offer its own capital to eligible traders for trading. The new product will go live in Asia, Latin America, Africa, Europe, and the Middle East and North Africa.