Overview
Fineco Bank is an Italian online bank and brokerage firm founded in 1999, originally as a division of the UniCredit Group. The company offers a comprehensive suite of financial services, including trading, banking, and investment solutions, making it one of Europe's leading online brokers. Over the years, Fineco has expanded its services beyond Italy, catering to clients from various parts of Europe.
- Founded
- 1999
Strengths and watchouts
- Multi-Regulated.
- Investor Protection Available.
- Low Non-Trading Fees.
- Great Mobile App.
- Offers Banking Services.
- Offers Real Stocks.
- Poor Charting Tools.
- Only One Office Location.
- No Longer Available for UK Traders.
Safety and regulation
Fineco Bank is regulated by some of the most trusted financial authorities, including the UK’s Financial Conduct Authority (FCA) and Italy’s CONSOB. These regulatory licenses ensure that Fineco adheres to strict standards, providing clients with a secure and transparent trading environment. The company’s regulatory status allows it to offer financial services across Europe. Fineco Bank follows stringent regulatory requirements for safeguarding client funds. Client deposits are kept in segregated accounts, ensuring that they are separate from the bank’s operational funds. The bank is also a member of the Italian investor compensation scheme, providing additional protection to clients in case of insolvency.
- Consob
- FCA
- PRA
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- ETFs
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Standard | $0 | 1.0 | 1:1 to 1:50 |
Fees and costs
Fineco offers competitive spreads across a variety of markets. The spreads start from 0.6 pips for major forex pairs, with no commission on forex trades. However, certain instruments may incur a small commission depending on the account type and asset being traded. Swap rates are charged for positions held overnight, and these rates can either be positive or negative depending on the currency pair or asset being traded. Traders should always check the swap rates for the specific instruments they are trading. Fineco charges an inactivity fee on accounts that have not been used for an extended period. This fee is standard in the industry to maintain security and ensure the proper management of dormant accounts.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →