30-Jurisdiction Statutory Audit • Italy (IT)
Is Saxo Regulated in Italy? (CONSOB Compliance Audit)
Deterministic regulatory audit of Saxo (Saxo Bank A/S) against Italy's national supervisor (Commissione Nazionale per le Società e la Borsa), statutory investor compensation limits, and retail margin rules.
Coverage: Italy (IT) • Supervisor: CONSOB (Tier-1 Onshore)
- Local CONSOB Filings
- 1
- Total Global Licences
- 8
- 6D Overall Score
- 7.0
- Regime Classification
- Tier-1
Switch National Jurisdiction Audit (30 Statutory Regimes)
← Back to Saxo Main DossierItaly (CONSOB) Statutory Compliance Matrix for Saxo
Side-by-side comparison of Italy's statutory requirements against Saxo's recorded filings.
| Statutory Dimension | Italy (CONSOB) Mandate | Saxo Recorded Standing |
|---|---|---|
| National Supervisory Authority | Commissione Nazionale per le Società e la Borsa (CONSOB) | 1 Local CONSOB Filing(s) |
| Local Certificate Number(s) | Mandatory registration on official CONSOB public register | |
| Statutory Investor Compensation Cap | €20,000 FNI (Fondo Nazionale di Garanzia) | Eligible when onboarded directly under BG SAXO SIM SPA |
| Retail Leverage & Margin Cap | 30:1 Major FX / 20:1 Minor FX & Gold (CONSOB / ESMA CFD Intervention) | Bound by statutory CONSOB retail margin floors |
| Client Money Segregation Rule | TUF (Consolidated Law on Finance) Art. 22 Patrimonial Separation of Client Assets | Verify daily trust reconciliation & negative balance protection in client agreement |
Saxo — Italy (CONSOB) Compliance Exhibit
Deterministic vector diagram of local licensing, investor protection, and leverage constraints.
Top 5 Regulated Peers for Italy (CONSOB) Comparison
Benchmark Saxo against peer institutions in our futures, options and derivatives providers slice.
| Institution | Recorded Licences | 6D Score | Risk Classification | |
|---|---|---|---|---|
| APME FX | CYSECCONSOB | 6.0 | Risk level not supplied | |
| OANDA | ASICFSANFA | 9.1 | Risk level not supplied | |
| AvaTrade | FSAFFAJASIC | 6.0 | Risk level not supplied | |
| Straits Financial Group | CFTCMASNFA | 6.0 | Risk level not supplied | |
| StoneX One | NFAMASASIC | 5.0 | Risk level not supplied |
Saxo in Italy (CONSOB): Frequently Asked Questions
Statutory licensing, compensation cap, and leverage answers.
Is Saxo regulated in Italy by CONSOB?
In our supervisory dataset, Saxo holds 1 active local filing(s) in Italy (CONSOB #296). Clients onboarded under the local Italy subsidiary are governed by CONSOB rules, €20,000 FNI (Fondo Nazionale di Garanzia), and 30:1 Major FX / 20:1 Minor FX & Gold (CONSOB / ESMA CFD Intervention).
What is the investor compensation limit for Italy residents using Saxo?
Under Italy's statutory framework (CONSOB), eligible retail clients onboarded directly with Saxo's locally authorised entity are subject to: €20,000 FNI (Fondo Nazionale di Garanzia). Always verify that your account contract names the Italy-regulated subsidiary (BG SAXO SIM SPA).
What retail leverage cap and margin rules apply in Italy (CONSOB)?
Commissione Nazionale per le Società e la Borsa (CONSOB) enforces the following retail leverage and margin standard in Italy: 30:1 Major FX / 20:1 Minor FX & Gold (CONSOB / ESMA CFD Intervention), alongside client asset protection rules requiring TUF (Consolidated Law on Finance) Art. 22 Patrimonial Separation of Client Assets.
Which regulated alternatives to Saxo hold licences in Italy or comparable tiers?
Comparable institutions in this directory include APME FX (6.0/10, 2 filings), OANDA (9.1/10, 6 filings), AvaTrade (6.0/10, 8 filings), Straits Financial Group (6.0/10, 3 filings), StoneX One (5.0/10, 5 filings). Use the 1v1 Compare links in the table above to benchmark Saxo against each peer.
Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.