Brokerage firms that wish to provide binary options trading services to Italian traders are required to obtain a permit from CONSOB or have their European permit accepted by CONSOB.
iopzioni.com covers binary options trading in Italy and provides a list of top Italian binary options brokers which helps traders to choose the best Italian binary options brokers that are both professional and legitimate .
Binary options are lawful in Italy and are managed by CONSOB (Commissione Nazionale per le Società e la Borsa). This association is tasked with the supervision of all financial markets related service providers in Italy.
Any broker who wishes to operate in the Italian binary options market is obliged by the Italian law to either apply for a CONSOB permit or have their European Union licenses approved by CONSOB.
Brokers without the CONSOB license are basically infringe upon the law and could conceivably confront criminal charges.
CONSOB issue regularly warnings about binary options brokers to avoid.
There are dozens of binary options brokers that are authorized by CONSOB to operate in the Italian binary options market. None of the brokers that operate are genuine Italian based companies ,almost all of them are Cyprus registered companies and only few of them have a representative office in Italy.