Online Trading Solutions & Investments | Fineco (2024)

Level up your trading with Fineco

Online Trading Solutions & Investments | Fineco (1)

Premium Trading

Advanced trading platforms for desktop and mobile.

Online Trading Solutions & Investments | Fineco (2)

Fair pricing

Competitive fees, low spreads, no hidden charges.

Online Trading Solutions & Investments | Fineco (4)

One-stop solution

Brokerage, banking and investment services.

This advertising message is for promotional purposes only. To view all the terms and conditions for the advertised services, please refer to the fact sheets and documentation required under current regulations. All services require the client to open a Fineco current account. All products and services offered are dedicated to Fineco account.

Derivatives trading is available to clients following the assessment of their knowledge and experience of derivative instruments and the subscription of the Derivative Trading Contract.
Before trading CFDs, or other derivatives instruments please read carefully the Key Information Documents (KIDs) available on the website finecobank.co.uk

US and EU Shares and ETFs: Costs are displayed in GBP but are changed to the multicurrency subaccount in the same currency.
Different costs are applied to OTC transactions placed through customer care.
For US OTC Shares and ETFs different commissions could be applied.
For EU Shares, in case of Euronext, a fixed fee of 9 euros will be applied.

Funds: The value of the financial instruments will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

Funds platform fees 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 each month. To learn about all risks, costs and funds nature, please read the KIIDS and the offer prospectus available on finecobank.com as well as on the website of the company offering the UCITS units/shares before proceeding. Past performance is not indicative of future returns. The performance of funds and benchmarks, where present, is gross of tax.

Amount of trading commissions accrued in a month: Up to £499: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £6.95; Europe shares and ETFs (EquiductGermany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €6.95; USA shares and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $6.95. Over £500: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £3.95; Europe shares and ETFs (Equiduct Germany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €3.95; USA and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $3.95. The fees applied on the bond markets are expressed in GBP but charged to the Multicurrency Sub-Account of the settlement currency. For transactions executed on specific markets you may incur additional taxes or fixed fees related to the single market. See the fact sheets for further details.

Replay: ETFs Investment Plan; see the fact sheets for further details.

To learn about all risks, costs and the nature of the funds please read the KIIDS and the offer prospectus available on finecobank.co.uk as well as on the website of the company offering the UCITS units/shares before proceeding. Past performance is not indicative of future returns. Past performance is not indicative of future returns. The performance of funds and benchmarks, where present, is gross of tax. Platform fees are paid monthly.

Bonds: Commission is displayed GBP but is charged to the multicurrency subaccount in the same currency.

Free live quotes and real-time news: specifically US, UK and Italian live quotes and real-time news.

*With Fineco, you can trade FX CFDs from 22:15 on Sundays to 22:00 on Fridays (with the exception of the interval from 22:00 to 22:15).: you can buy and sell currencies with a quick order when the quotes are most favourable, day or night.

Trade without converting currency everytime: Multi-currency is a service that enables other currencies in your bank account, necessary for some online trading services involving financial products in currencies other than the euro. The exchange rate between two currencies is subject to continuous trading in the interbank market.

A spread is applied to the exchange rate (Currency Exchange) to the extent indicated in the fact sheets. Please note that to trade on foreign markets it is necessary to apply online to enable individual markets in your personal area of the Fineco website: Home page › Account Management › Managing Services › Trading and Investments › Multicurrency. Exchange rate and its spread are shown in a table available in the reserved area of Fineco's website. The table is constantly kept updated.

First GBP or EUR Debit Card with no annual fees: No annual fees for the first card for each account holder; £9.95 annual fee for the second card; £2.95 card shipping cost.

Free withdrawals in the UK with GBP debit card and in the Eurozone with EUR debit card: The ATM provider may charge additional withdrawal fees. Fineco will not charge any fees for transactions or withdrawals made in the currency of your card.

With Fineco's EUR Visa Debit Card, your EUR purchases and withdrawals are debited directly from your EUR account, so you have no exchange rate commissions.

A CFD is a financial derivative, that you can buy or sell with FinecoBank as your direct counterparty. Its value is directly related to that of an underlying asset (securities, indices, currencies, futures on bonds, futures on volatility indicators and futures on commodities) and consequently follows the price movement of the underlying asset. In particular, when CFDs trading your profit/loss is given by the difference in value between the opening price and the subsequent closing price of the contract. The opening price and the closing price are determined by the Bank applying, if appropriate, a mark-up or a spread on the underlying price to the extent indicated by the economic conditions at the time. CFDs are characterised by a strong leverage effect. This means that a relatively small price movement in the underlying market will have a proportionally higher impact on the value of your margined position and an unfavourable price movement may result in losses exceeding your initial margin deposit (increasing underlying price for short positions, decreasing for long positions). CFD Positions open for more than one business day (overnight) are subject to a multi-day position fee.
The spreads applied to CFDs may be changed at any time within the contractually agreed limits.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Before trading CFDs, please read carefully the Key Information Documents (KIDs) available on the website finecobank.co.uk

SOURCES

1.3 million clients: Internal data, figures as of December 31st, 2020 including Italian and UK customers.

2022 Best broker for Global Trading and Best Live Trading Event: ADVFN International Financial Awards

94% customer service satisfaction rate: Source of data: KANTAR Italia - May 2023

Recognised and awarded for best platform and provider of the year – Source: ADVFN International Financial Awards

FORBES WORLD'S BEST BANK 2022: In the Forbes Oscars of the banking world, we came out on top: Best Italian Bank 2022 - https://www.forbes.com/lists/worlds-best-banks

Where not expressly indicated, sources are taken from internal FinecoBank processing.

A spread is applied to the exchange rate (Currency Exchange) to the extent indicated in the fact sheets. Please note that to trade on foreign markets it is necessary to apply online to enable individual markets in your personal area of the Fineco website: Home page › Account Management › Managing Services › Trading and Investments › Multicurrency.

Exchange rate and its spread are shown in a table available in the reserved area of Fineco's website. The table is constantly kept updated.

Euronext Tech Leaders initiative - euronext.com/en/raise-capital/euronext-tech-leaders

Online Trading Solutions & Investments | Fineco (2024)

FAQs

How do I deposit money into Fineco? ›

It's easy to deposit money to your Fineco Bank account
  1. Log in to Fineco Bank's client area.
  2. Look for the 'Deposit' or 'Funding' menu.
  3. Choose your funding method.
  4. Enter the amount to be deposited and other necessary details for the transaction.
  5. Double-check if payment details are correct.
Apr 17, 2024

How do I close my Fineco bank account? ›

How to close my account at Fineco Bank in February 2024?
  1. You need to bring your balance to zero, by selling or transferring your assets.
  2. Fineco Bank has average fees, which influence the cost of closing your account.
  3. Transferring your portfolio to a new broker is also an option.

Can you buy stocks through Bank of America? ›

You can open an investment account online in just a few minutes and if you already have a Bank of America account most of your information will prefill. If you need a little more help getting started you can speak with an advisor at 888.637.

How do I open a Fineco bank account? ›

Account opening at Fineco Bank is user-friendly and it takes 1-3 days. You will need to prove your identity and residency with documents. There are multiple base currencies available. The minimum deposit at Fineco Bank is $0.

Is Fineco a good trading platform? ›

It has low non-trading fees, including no fees for inactivity, deposits or withdrawals. Its mobile trading platform is well-designed and user-friendly. As a listed broker with a banking background, Fineco Bank scores high on safety. On the negative side, you can use only bank transfer for depositing funds.

Is Fineco Bank legit? ›

FinecoBank is an independent multi-channel direct bank based in Italy, offering banking, credit, trading and investment services in a single account. It is a European leader in brokerage and has one of the largest networks of financial advisors in Italy.

How do I withdraw money from Fineco? ›

In addition to bank transfer, Fineco Bank also allows you to withdraw funds to a debit or credit card. Many brokers don't offer this option, so this is a definite plus for Fineco Bank. Whatever methods you use, you may only withdraw money to bank accounts, cards or wallets that are in your name.

Is Fineco an online bank? ›

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.

What country is Fineco Bank? ›

FinecoBank Banca Fineco SpA is an Italy-based multichannel bank. It operates though three segments: Banking, Brokerage and Investing. Its offering includes banking, trading and investment services, on transactional and adviso.

What family owns Bank of America? ›

Berkshire Hathaway (BRK. A -0.23%)(BRK. B -0.28%): Warren Buffett's Berkshire Hathaway is the largest Bank of America shareholder, with 1.03 billion shares amounting to a 13% stake. As of March 2024, it was the second-largest of Warren Buffett's stock holdings after Apple (AAPL 2.48%), worth almost $37 billion.

Is it good to buy stocks through your Bank? ›

Unlike deposits at FDIC-insured banks and NCUA-insured credit unions, the money you invest in securities typically is not federally insured. You could lose your principal, which is the amount you've invested. That's true even if you purchase your investments through a bank.

How much money do you need to open a Merrill Edge account? ›

For clients who want to make their own investment decisions, Merrill Edge offers simple flat-rate pricing with no minimum balance and no trade minimums. Merrill Edge also offers one-on-one guidance for clients who prefer to work with a Merrill Edge Financial Solutions Advisor and plan to invest at least $20,000.

What is the minimum deposit for Fineco Bank? ›

With Fineco, there's no minimum deposit and no custody or admin fees.

What is the alternative to Fineco Bank? ›

Top 5 Fineco Bank competitors
  • BinckBank.
  • BPER Banca.
  • Strateo.
  • Sudtirol Bank.
  • UniCredit.

What is a multi currency account on Fineco? ›

Multiple currencies, one account, extra possibilities

With Multicurrency you can handle multiple currencies, allowing you to manage and diversify your liquidity and invest in different currencies day and night and wherever you choose.

How do you deposit money into your account? ›

Both checks and cash can be deposited in-person at any of your bank's locations. After making a deposit at a branch, your funds will typically be available immediately if the deposit was cash, or typically the next day if the deposit was an endorsed check.

How do I deposit money into my trading account? ›

Investors can simply log in to their respective forex accounts, type in their credit card information and the funds will be posted in about one business day. Investors can also transfer funds into their trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Can money be deposited online? ›

To fund your online bank account, you can deposit cash into a separate bank account that has ATMs or branches and then transfer that money to your online bank electronically. You can also buy a money order and make it payable to yourself before making a mobile check deposit into your online bank account.

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