Written by Stephane Dubois Written by Stephane Dubois
Reviewed by Sandro Pontedra Reviewed by Sandro Pontedra

FinecoBank Review 2026

FinecoBank Review 2026
Overall Rating
Commissions Rating
Education Rating
Service Rating
Founded 1999
Regulation Consob, FCA, PRA
Standard account $1000
Leverage 1:30
Spread 1.3-1.5

FinecoBank General Information

Fineco Bank is an Italian bank, founded in 1999. It is regulated by the Bank of Italy, the Commissione Nazionale per le Società e la Borsa (Consob), and also subject to limited regulation by the UK's Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA). Fineco Bank has a banking license, is listed on the Italian stock exchange (Borsa Italiana), and is a constituent of the STOXX Europe 600 stock index.

FinecoBank S.p.A., known as FinecoBank or just Fineco is an Italian bank that specializes in online brokerage. Launched in 1999 with its Fineco Online service for retail traders, Fineco became a listed company in 2014 and has been independent from UniCredit banking group since 2019.

Fineco offers banking, brokerage and investment services to retail clients from the convenience of a single multicurrency account. Efficiency, innovation and transparency helped Fineco become one of the highest rated banks in Europe, with over 1.4 million customers. Since launching in 1999, Fineco's mission has been to enhance the experience of online banking. Our business model allows us to offer a range of financial services designed to meet our clients' banking and investment needs, which they can access from an innovative and user- friendly platform.

Main figures

Invest with confidence

Discover multi-brand funds and platform fees at a maximum of 0.25%, with the flexibility to start investing with as little as £100. We pick the best for you. Exceptional Funds Managers in one multi-brand platform. Diversified solutions to meet your investment objectives, with a constantly growing offering.

Grow your money with ISA

Maximise the tax-free benefits with our Stocks and Shares ISA. Get it by 29 September 2022 and reach your investment goals at zero platform fees until 5 April 2023. 0.25% max when promo ends.

Why choose FINECO?

Online trading pioneer since 1999, we have processed over 45 million orders in 2021 and we are part of the EuroStoxx 600 Index.

FinecoBank Trading Information 2026

Phone
  • 0800 640 6465 From UK
  • +44 (0)20 7065 7555 From abroad
Platforms and Tools

Broaden your trading horizons

Find the products that match your needs and desired risk level and trade with an award-winning platform.

  • Futures. Trade Intraday & Overnight on CME, EUREX and IDEM. Up to 20x leverage with Micro E-Mini Futures.
  • Options. Access CBOE market, Volatility Index (VIX) and options on S&P, DJ, Nasdaq and Russell Indices and US Stocks.
  • Bonds. Gilts, Gov bonds and 6,000 sovereign, corporate and structured securities with real time direct market access.
  • ETFs. Choose from a vast range of ETFs and ETCs or set your regular saving plan on multiple ETFs, from £2.95 per month.

Say hello to a premium trading experience

All our online trading platforms are designed and developed in-house, covering your trading needs from one account.

  • Powerdesk. Our advanced and intuitive trading platform, fully customisable.
  • Web trading and investing. Trade financial markets and invest with funds, bonds and ETFs.
  • Mobile trading app. On-the-go trading and investing with our premium app.
  • Stock screeners. Navigate financial markets with intuitive search and pre-set filters.

PowerDesk: designed for top performance

Winner of ‘Best Trading Platform’ at the 2021 2020 London Trader Show - PowerDesk is a professional, powerful, fast and customisable workstation, created exclusively for Fineco clients.

Your personalized trading space

If you are an active trader or investor, you need to be able to react quickly to every opportunity. Trade without compromise on PowerDesk and benefit from the following:

  • Trade directly in over 20 currencies
  • Live prices and real-time market data
  • Advanced charting tools
  • No activation costs or monthly fees

Bring the trading floor with you - at home or on the go. You can trade thousands of products - including Shares, CFDs, FX, ETFs, Futures, Bonds, Options and other financial instruments worldwide.

Capital Management

Whether you’re investing for your retirement, a down payment on a new home, looking to grow your wealth, or all of the above, Fineco Asset Management offers you the right path, picking multiple investment opportunities for you.

  • The multi-strategy fund of funds that invests in the highest potential growth trends, such as electric vehicles, smart cities, drones, fintech and oncology.
  • The new fund of funds that provides the ideal solution to invest, based on risk profile, with continuous and periodic rebalancing: cautious, balanced or dynamic.
  • A selection of high-quality strategies managed exclusively for Fineco clients by prestigious asset managers.
Banking services

With Fineco you also have a current account with many services to manage your savings and a free debit card to make purchases and withdraw in the UK and abroad.

Bank simply everywhere. Spend like a local in the UK and anywhere in Europe.

  • Free EU and UK withdrawals. Enjoy free withdrawals in the UK with GBP debit card and in the Euro zone with EUR debit card.
  • Pay bills in europe like a local. Speed up your recurrent bills in Europe at no fees, with EUR Direct Debit.
  • Extra-large shopping. Extend you Fineco's card limits and make large purchases up to £10,000.
  • Send money instantly. Eur Bank Transfers get to the beneficiary in a few seconds. 24hrs a day.
  • Unexpected outgoings? Set in real time via Fineco App or online a withdraw up to £5,000, simply.
  • Send money globally. Online bank transfers to 250 destinations and 20 different currencies.
  • Digital payments. Pay with your smartphone or smartwatch, without taking the card out of your wallet. Discover more
  • Travel contactless. Use your Fineco Card to travel across the London network at no additional cost.

Are you a frequent traveller? Love spending your holidays in Europe? We have smart banking solutions for you.

Multiple currencies. One account

Convert currencies whenever you want, in real time, online and via Fineco App. Save currencies conversion fees and get the true exchange rates, tight spreads only. 

Education

Fineco Academy: your trading guide

Get free access to webinars and short online courses hosted by professionals to learn everything about trading and investments.

  • Courses and webinars for beginners and advanced traders
  • Build and develop trading knowledge with professional traders
  • New webinars every week
  • Learn anywhere, anytime with webinars on demand
Commissions

Сompetitive and transparent pricing. We’ll never ask you to pay fees for switching holding, dealings, withdrawing funds or exit. So, you can focus on returns. Plus, the more you hold in your portfolio, the less you pay.

  • Start investing from £100
  • Annual platform fee 0.25% maximum

Funds platform fee will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Funds on the last day of the each month.

  • Transfer funds from another bank with no transfer fee
  • No hidden fees, spread, exit costs or transfer fees
  • No dealing charge for buying or selling funds
Value of Investments in Funds Annual platform fee
On the first £250,000 0.25%
On the value between £250,000 and £1m 0.15%
On the value between £1m and £2m 0.05%
On the value over £2m FREE
Support

Speak to one of our specialists directly. At Fineco, we ensure that your problems are solved for you over the phone from Monday to Friday, from 8:00am to 9:00pm

Futures

Futures on Commodities CFDs

Light Crude Oil 0.2 points
Gold 0.3 points

In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration:

  • Long Euro traded CFD positions = Euribor 1m 360 (**) + 2.50%
  • Long non-Euro Traded CFD positions = Mid TOM Next rate(*) of the relevant currency + 2.50%
  • Short Euro traded CFD positions = Euribor1m360 (**) – 2.50%
  • Short non-Euro Traded CFD positions = Mid TOM Next rate (*) of the relevant currency – 2.50%

Euribor (European Interbank offered rate) is an interbank rate calculated and published daily. It is used as the interest rate at which banks lend money to other banks in the interbank market.

Options
  Up to $499 From $500 to $9,999 From $10,000
S&P, DJ, Nasdaq, Russell, VIX $3.95 per lot $2.95 per lot $1.95 per lot

With $500 of total commissions generated paid in the month you access the first reduced commission bracket, which you keep the following month. With $10.000 you reach the Top range of $1.95 per lot. Fees expressed in USD and EUR are converted in to GBP at the official exchange rate existing at the time of the relevant transaction.

Stocks

Trade thousands of UK, US and international shares with the flexibility to enter the order either in sterlin or in the local currency:

  • Invest in domestic and international stocks
  • Pay just a fixed commission per order
  • Diversify your trading on 26 markets

Now you can trade AFTER HOURS on the NASDAQ! Exploit volatility when big announcements are released at the close of the market! Trade on thousands of securities from the major world markets with transparent pricing and some of the lowest commissions and spreads in the UK.

Global Shares CFDs

Go long or short on FTSE100, US and EU shares with Fineco’s CFDs. Zero commission and no additional spreads, only the market one. Or you can trade CFDs on global shares with our premium platform:

  • Zero commissions, only tight spreads
  • Get the real stocks price, no extra fees

Overnight positions charges apply based on value and duration. 0,06% mark up per side on FTSE250 share CFDs.

Shares and ETFs

Main Stock Markets

UK £2.95 per order
USA $3.95 per order
GER, ITA, FRA* €3.95 per order
CANADA TSX C$10.0 per order

Other Stock Markets

SPAIN 0.19% fee (min. €14.95)
SWITZERLAND 0.19% fee (min. CHF24)
FINLAND* €9.0 per order + 0.19% fee (min. €2.95 - max €19)
* For Securities on the Hex market it is added € 9 of fixed charges for each executed order. Please find details on all available markets and pricing on the Fact Sheets. For French securities trading only on the EURONEXT stock exchange €9 of fixed fees will be applied for each executed order. Please find details on all available markets and pricing on the Fact Sheets.
Indices

World Indices CFDs

Follow the markets in any direction with Fineco’s CFDs on major world Indices: UK, EU, US, Brazil, Mexico, South Africa and more.

  • Zero commissions, only spreads
  • S&P500 as low as 0.6 points
  • Nasdaq 100 as low as 0.4 points

Overnight positions charges apply based on value and duration.

Cryptocurrencies

With Fineco you can trade anywhere and hold GBP, EUR, USD and 20+ currencies in a single account. Trade directly in the currency and convert them without extra charges, only a spread. For example, once you’ve converted GBP to USD, you can buy or sell US shares directly in USD, paying only the trading fee. 

  • Realtime online currency exchange: Fast and easy online currency exchange, no matter the time of day or where you are.
  • Get true exchange rates: Get real time exchange rates for major foreign currency pairs as well as charts, historical data, news & more.
  • 20+ currency: More than 20 available currencies from around the world, including USD, GBP, EUR, CAD and CHF.
  • No conversion fees applied: Fineco applies tight spreads only and no conversion fees or extra margin for exchange rates.

FX CFDs

EUR/USD 0.8 pips
GBP/USD 1.0 pips
EUR/GBP 1.0 pips

In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration. Long and short positions = 2.95% + a variable amount calculated on the basis of the relevant currency’s TOM Next Rates*

Commodities

Commodities CFDs

Trade Futures on Commodities CFDs on Fineco’s website and app. Choose among Gold, Natural Gas, Crude Oil, Platinum and more.

  • Zero commissions, only spread
  • Light Crude Oil as low as 0.2 points
  • Gold as low as 0.3 points

Overnight positions charges apply based on value and duration.

Main Features and Highlights
Country of regulation Italy, UK
Trading fees class Average
Inactivity fee charged No
Withdrawal fee amount $0
Minimum deposit $0
Time to open an account 1-3 days
Deposit with bank card Not available
Depositing with electronic wallet Not available
Number of base currencies supported 21
Demo account provided No
Products offered Stock, ETF, Forex, Fund, Bond, Options, Futures, CFD