Fineco Bank
FinecoBank is an Italian digital bank and brokerage platform offering banking, trading and investment services through a single account. It is regulated as a bank and investment services provider in Italy and offers proprietary platforms such as FinecoX, PowerDesk and the Fineco App rather than MetaTrader-based trading.
Min. Deposit
$0
Max Leverage
1:30
Est.
1999
Regulated by
FXJ Score
6.3
/ 10Execution Model
Market Maker
How orders are processed
Segregated Funds
Yes
Client funds held separately
Negative Balance
Protected
You cannot lose more than you deposit
Scalping
Not Allowed
Short-term high-frequency trading
Pros
Italian bank and brokerage platform
Regulated by Bank of Italy and CONSOB
Member of National Compensation Fund
Member of National Interbank Deposit Guarantee Fund
Listed company on FTSE MIB
Banking, investing and trading from one account
Proprietary FinecoX platform
PowerDesk available for advanced trading
Fineco mobile app available
Access to equities, ETFs, certificates, options, CFDs, Forex, futures, bonds and covered warrants
Multicurrency service available
Negative balance protection for retail CFD clients
No separate CFD order commission; cost is mainly in spread
Cons
UK business has been closed
Not a typical international FX/CFD broker profile
No MetaTrader 4
No MetaTrader 5
No cTrader
No xStation 5
Market Maker / OTC model for CFDs
Not ECN
Not STP in the CFD sense
Spread data is incomplete
Typical spreads are not published for the standard CMS instrument list
Crypto trading not confirmed
Funding methods appear less flexible than standard CFD brokers
Availability outside Italy should be checked before publishing
Typical Spreads
Varies by account type| Symbol | Category | Typical Spread | Min Spread |
|---|---|---|---|
| EUR/USD | Forex | 3.0 pips | 3.0 pips |
Typical Spread
3.0 pips
Min Spread
3.0 pips
Account Currencies
Deposit Methods
Withdrawal Methods
Account Types
Fineco Account
Single current account model combining banking, trading and investing services.
Trading Account
Access to equities, ETFs, certificates, options, CFDs, Forex, futures, bonds and covered warrants through Fineco platforms.
Derivatives Trading Service
Add-on service required for derivatives such as futures, options, Forex, CFDs and related instruments.
Multicurrency Service
Optional service allowing clients to hold and operate in foreign currencies for investing and trading purposes.
Platforms
Instruments
FX Junction Verdict
FinecoBank is a strong Italian banking and brokerage platform, especially for clients looking for a regulated bank-based investment account with access to stocks, ETFs, bonds, futures, options, Forex and CFDs. Its strengths are regulation, banking status, proprietary platforms and broad traditional market access. However, it is not a natural fit for a standard FX/CFD broker CMS profile because it does not support MT4/MT5, uses an OTC Market Maker model for CFDs and does not publish complete CMS-ready spread data for the usual forex, index and commodity benchmark instruments.