FinecoBank at a glance
FinecoBank is an Italian banking and multi-asset trading institution offering banking, investment and trading services. Its trading products include shares, ETFs, bonds, futures, options and contracts for difference (CFDs), including Forex CFDs through its UK-facing trading service. Available products, pricing, account conditions and regulatory protections depend on the customer's country, legal entity and account type
FinecoBank reports a founding year of 1999 and a head office in Milan, Italy. It lists 3 regulators and 6 trading platforms.
BrokerBazaar verdict
FinecoBank is an established Italian banking and multi-asset investment institution offering trading services across several financial markets. Its product range includes Forex CFDs in its published trading documentation. However, customers must distinguish its Italian banking operations from its historical UK-facing trading service. Current regulatory permissions, product availability and trading terms must be verified for the specific legal entity and country before opening an account.
Legal entities, regulation and licences
FinecoBank operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
FinecoBank states that it accepts clients from Italy, United Kingdom. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Forex CFDs, Stock CFDs, Index CFDs, Commodity CFDs, Bond CFDs, Shares, Bonds, ETFs, Options, Futures, Certificates, Covered Warrants. Platforms: FinecoX, PowerDesk, PowerChart, PowerCell, Fineco Web Platform, Fineco Mobile App. Account types: Current Account, Trading Account, Investment Account, Multicurrency Account, Standard Account, ISA Account (UK eligibility and product availability to be confirmed).
Best-for tags assigned by our team: Multi-Asset Trading, Forex CFDs, Active Traders, Experienced Traders, Multi-Market Access, Bank-Backed Institution, Advanced Trading Platforms, Multi-Currency Investing.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is Not independently verified as a single universal minimum.. Spreads start from From 0.8 pips and commission is The published UK Forex CFD pag…. Maximum leverage is 1:30, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, SEPA Transfer, International SWIFT Transfer, Eligible Debit Card or Account-Linked Funding Methods, Cash Deposit at Eligible UniCredit Branches or ATMs (Italy, where supported), Cheque Deposit (Italy, subject to account eligibility). Withdrawal methods: Bank Transfer, SEPA Transfer, International SWIFT Transfer, Transfer Between Fineco Accounts, ATM Withdrawal Using Eligible Fineco Debit Card, Eligible UniCredit Branch Withdrawal (Italy, subject to account terms).
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: FCA: Segregated in ring-fenced client accounts under the CASS rules. Compensation: FSCS — up to £85,000 per client.
Complaints and dispute process
Formal complaints: helpdesk@finecobank.com. Phone: 0800 640 6667 (UK existing customers), +44 20 7065 7557 (calling from abroad). Submit complaints to complaints@finecobank.com or by post to FinecoBank S.p.A., Complaints Office, Piazza Durante 11, 20131 Milan, Italy. Fineco's published UK Terms of Business state that complaints are normally handled within a maximum of 60 days. If dissatisfied with the outcome, eligible UK customers may refer the complaint to the Financial Ombudsman Service, subject to its rules and eligibility
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Established Italian banking institution
- Strength: Offers Forex CFDs alongside multiple asset classes
- Strength: Access to international financial markets
- Strength: FinecoX and PowerDesk offer advanced trading tools
- Strength: Supports multi-currency account services
- Strength: Web and mobile trading access
- Strength: Officially published trading and account documentation
- Limitation: Forex CFDs involve significant leverage and market risk
- Limitation: Current spreads and margin requirements require verification
- Limitation: Product availability varies by country and account type
- Limitation: Some platforms or features may require activation or additional conditions
- Limitation: Trading fees and account charges vary by instrument
- Limitation: UK regulatory entity and permissions need direct register confirmation
- Limitation: Not every deposit or withdrawal method is available in every region
Who this broker suits, and who it does not
FinecoBank is most relevant to traders looking for: Multi-Asset Trading, Forex CFDs, Active Traders, Experienced Traders, Multi-Market Access, Bank-Backed Institution, Advanced Trading Platforms, Multi-Currency Investing.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
FinecoBank change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for FinecoBank yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about FinecoBank
Data sources. Broker submission, the regulator registers linked above, Fineco registration document 2024; UniCredit press release; Fineco CFD page, web-archive and domain records, and third-party traffic data. Last register check 2026-09-28. External ratings: Trustpilot 4/5; FinecoBank UK (Trustpilot) 2.5/5; WikiFX N/A/10; Google Play Store 3.9/5; Apple App Store 4.5/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with FinecoBank through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.