Trade.com, a trading brand operated by Trade Capital Holding, has entered the Italian market after receiving approval from local regulators.

The Italian unit, operated by the Consob-licensed Trade Capital Italia SIM, will provide services to retail and institutional clients in Italy.

The company's users will be able to trade stocks registered in the United States and the European Union.

It is worth noting that the company plans to launch CFD services in the near future.

The broker said that Trade.com Italy's institutional activities are related to the provision of financial advice and operational support for investment funds.

"We see Italy as a very strategic market," said Roei Gavish, CEO of Trade.com Group, commenting on the launch of the unit.

The company has also launched a new TRADE Challenge offering that will allow eligible traders to access funding. The new product will be available in Asia, Latin America, Africa, Europe, the Middle East, and North Africa.