In order to characterize magnetic properties of cobalt-based nanoparticles synthesized through electrodeposition on metal substrates, methods must be employed which enable the imaging of sample surface, the selection of a specific nanoparticle, and the accurate evaluation of local magnetic parameters, such as magnetic moment or saturation magnetization. Due to the combination of imaging capability and quantitative probing of ultra-low magnetic field through the use of a nanometer sized tip with a magnetic coating, magnetic force microscopy (MFM) is a promising tool to characterize Co-based nanoparticles directly on substrates. In this work, the report the preliminary results of the use of MFM to analyze Co nanoparticles electrodeposited on an Al substrate. The aim wa to assess the effective capability of this technique to investigate this kind of nanomaterials, foresee offered possibilities, and highlight current limitations to overcome.