Fineco Bank Review 2026
Established in 1999
•
Italy
• Bank of Italy Regulated
Fineco Bank is a well-established broker with a solid 4.4/5 rating. Regulated by Bank of Italy (highest protection tier), this broker offers spreads from 1.0 pips on EUR/USD with a minimum deposit of $0. Trade 20000+ instruments including forex, CFDs, and more.
📊 Fineco Bank Overview
Fineco Bank (FinecoBank S.p.A.) is a well-established broker founded in 1999 headquartered in Milan, Italy. The broker operates under the supervision of Bank of Italy , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 20000+ tradable instruments including 50 forex pairs , 18000 stocks , Fineco Bank caters to diverse trading strategies.
| Legal Name | FinecoBank S.p.A. |
|---|---|
| Founded | 1999 |
| Headquarters |
Milan, Italy
|
| Primary Regulation | Bank of Italy (Tier 1 - Highest Protection) |
| Publicly Traded | Yes (FBK.MI) |
| Instruments | 20000+ assets |
| Min Deposit | $0 |
| Max Leverage | 1:30 |
📖 Fineco Bank — In-Depth Introduction
Few brokers can match the 27-year legacy of Fineco Bank, a true industry pioneer that has weathered multiple market cycles. Operating under the stringent oversight of Bank of Italy, Fineco Bank adheres to the highest regulatory standards in the industry. This tier-1 regulation means clients benefit from robust investor protection, including segregated accounts, negative balance protection, and access to compensation schemes. With a $100 minimum deposit requirement, Fineco Bank removes barriers to entry for new traders.
Company Background
Fineco Bank (legally FinecoBank S.p.A.) has been operating in the financial services industry for 27 years. Headquartered in Milan, Italy, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
As a publicly traded company (FBK.MI), Fineco Bank is subject to enhanced financial disclosure requirements, providing an additional layer of transparency.
The broker provides access to 20000+ tradable instruments.
💸 Fineco Bank Fees — Complete Cost Analysis
Fineco Bank offers competitive trading costs that will appeal to cost-conscious traders. The 1.0 pip spread on EUR/USD is below the industry average, providing good value. Fineco Bank operates on a spread-only model with no commission charges on standard accounts. This simplifies cost calculation—what you see in the spread is what you pay. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $50 in spread costs per day with Fineco Bank. Over a month (22 trading days), that's $1100.
Trading Costs Breakdown
💡 Cost Calculator: Fineco Bank
Non-Trading Fees
| Fee Type | Fineco Bank | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Fineco Bank Safe? — Complete Security Analysis
Fineco Bank's 95/100 Trust Score places it among the safest brokers in our database. This score is calculated using 15+ safety factors including regulation, fund segregation, and company transparency. Client funds at Fineco Bank are held in segregated accounts at top-tier banks, completely separate from the company's operational funds. This means even in the unlikely event of broker insolvency, your money remains protected and inaccessible to creditors.
Regulatory Framework
Fineco Bank is regulated by Bank of Italy.
Security Features Checklist
Understanding the Trust Score
Our 95/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Fineco Bank?
✅ Best For
- Beginners will appreciate Fineco Bank's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Professional traders will appreciate Fineco Bank's institutional-grade features: tight spreads, advanced platforms, API access, and high leverage options (where permitted).
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on Fineco Bank
Fineco Bank is a solid choice for most traders looking for reliability with a 4.4/5 rating.
📈 Fineco Bank Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Fineco Bank performed in our rigorous testing:
Fineco Bank offers a solid trading experience with competitive conditions.
💰 Fineco Bank Fees & Spreads
Understanding trading costs is crucial for profitability. Fineco Bank uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 1.0 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.8 | 1.0 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Fineco Bank:
- Spread Cost: 1.0 pips × $10/pip = $10.0
- Commission: $0
- Total Cost: $10.0 per lot
🛡️ Fineco Bank Regulation & Safety
Fineco Bank is regulated by Bank of Italy, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- Bank of Italy
- FCA 222329
- Consob
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- ✓ Publicly Traded (FBK.MI)
🎯 Trust Score: 95/100
High Trust: Fineco Bank has demonstrated excellent regulatory compliance and safety standards.
🖥️ Fineco Bank Trading Platforms
Fineco Bank offers 3 trading platforms, giving traders flexibility in how they access the markets.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
PowerDesk
Fineco Bank's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | PowerDesk |
|---|---|---|---|---|
| Available | ✓ | ✓ | ✗ | ✓ |
| Copy Trading | ✗ | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✓ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 Fineco Bank Tradable Instruments
Fineco Bank offers access to 20000+ tradable instruments across multiple asset classes. This includes 50 forex pairs , and 18000 global stocks.
👤 Fineco Bank Account Types
Fineco Bank offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Not available
💳 Fineco Bank Deposits & Withdrawals
Fineco Bank requires a minimum deposit of $0 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Fineco Bank Pros & Cons
✅ Pros
- Competitive spreads with average 1.0 pips on EUR/USD
- Top-tier Bank of Italy regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
❌ Cons
- No copy trading feature
- Limited educational resources for advanced traders
📚 Fineco Bank Education & Research
Fineco Bank's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Fineco Bank Customer Support
Fineco Bank offers customer support to assist traders with their queries.
⭐ Fineco Bank User Reviews
📝 User reviews will be displayed here. Share your experience with Fineco Bank!
Write a Review🏆 Fineco Bank — Our Verdict
Fineco Bank is a solid choice for most traders. With Bank of Italy regulation, 1.0 pips EUR/USD spreads, and a $0 minimum deposit, this broker is particularly accessible for beginners .
Best for: Safety-focused traders , Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Fineco Bank — Frequently Asked Questions
Is Fineco Bank a safe and regulated broker?
Yes, Fineco Bank is regulated by Bank of Italy, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 2 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Fineco Bank?
The minimum deposit at Fineco Bank is $0. This means you can start with any amount. This is considered low and accessible for beginners.
What trading platforms does Fineco Bank offer?
Fineco Bank offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- PowerDesk — Custom-built trading solution
What are Fineco Bank's spreads on EUR/USD?
Fineco Bank offers EUR/USD spreads from 0.8 pips with an average of 1.0 pips. The broker uses Variable spreads.
How long do withdrawals take at Fineco Bank?
Withdrawal processing times at Fineco Bank depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Fineco Bank offer a demo account?
Yes, Fineco Bank offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Fineco Bank's maximum leverage?
Fineco Bank offers maximum leverage of 1:30. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:30 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Fineco Bank in ?
Fineco Bank accepts traders from . The broker operates under Bank of Italy regulation. Always verify current availability and applicable regulations on the broker's website.
Does Fineco Bank offer Islamic (swap-free) accounts?
Fineco Bank does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with Fineco Bank?
Fineco Bank offers access to 20000+ tradable instruments:
- 50 Forex currency pairs
- 18000 Stock CFDs