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Fineco Review

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Blain Reinkensmeyer

June 30, 2025
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Steven Hatzakis Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.11% of retail CFD accounts lose money You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Fineco is a trusted multi-asset broker offering forex and CFDs across its brands regulated in Italy and passported throughout the EU. Fineco offers a wide variety of asset classes, in addition to forex and CFDs. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy – you will not be permitted to open an online account with FinecoBank.

  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 9770
4.5
4.5/5 Stars
OVERALL SCORE
Range of Investments4.5/5 Stars
Commissions & Fees3.5/5 Stars
Platforms & Tools4/5 Stars
Research4.0/5 Stars
Mobile Trading4/5 Stars
Education3.5/5 Stars

Check out ForexBrokers.com's picks for the best forex brokers in 2025.

2025#25
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2022#23

feedAvailable only to EU residents

December 2023: Fineco is in the process of winding down its U.K. operations. As such, Fineco is only available to Italian residents online. Residents of the EU can only open a non-resident account by meeting with a Fineco representative in person, in Italy.

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Table of Contents

Fineco pros & cons

thumb_up_off_alt Pros

  • Knock-out options are available, along with guaranteed stop-loss orders (GSLOs).
  • Competitive pricing on index CFDs.
  • Regulated as a bank and publicly traded on the Italian stock market (BIT: FTK).

thumb_down_off_alt Cons

  • English-language content for Research and Education is limited.
  • Lack of daily market analysis across platforms and the website.
  • Must be a resident of Italy to open an account online.

My top takeaways for Fineco in 2025:

  • Offers a larger variety of over 10,000 tradeable markets, ranging from exchange-trade securities, funds, options, and CFDs on forex and shares.
  • Caters well to longer-term investors with a large selection of funds, including managed investment options.
  • Content for English speakers has expanded significantly for research and education.
  • Advanced screeners are available within web platform, and advanced charts for forex traders.
  • Offers numerous trading platforms, including FinecoX powered by ChartIQ, and the PowerDesk desktop platform.
  • Fineco is no longer available to U.K. forex traders.

Trust score

Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.

Is FinecoBank safe?

Trust Score
94
ForexBrokers.com

FinecoBank is considered Highly Trusted, with an overall Trust Score of 94 out of 99. FinecoBank is publicly traded and does operate a bank. FinecoBank is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). FinecoBank is authorised by the following Tier-1 regulator: Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system. Learn more about Trust Score.


Feature Fineco logoFineco
Year Founded info 1999
Publicly Traded (Listed) info Yes
Bank info Yes
Tier-1 Licenses info 2
Tier-2 Licenses info 0
Tier-3 Licenses info 0
Tier-4 Licenses info 0

Range of investments

FinecoBank offers 54 forex pairs and 126 CFDs across indices, bonds, commodities, and popular shares, along with access to non-CFD share trading on international and US exchanges.

Cryptocurrency: Cryptocurrency trading is not available at any FinecoBank entity. Check out our top picks for crypto trading platforms if this is an important offering for you.

Investors in the U.K. can find further detail about Fineco’s U.K. offerings in the FinecoBank review on our sister site, UK.StockBrokers.com

Feature Fineco logoFineco
Forex Trading (Spot or CFDs) info Yes
Tradeable Symbols (Total) info 9770
Forex Pairs (Total) info 54
U.S. Stock Trading (Non CFD) info Yes
Int'l Stock Trading (Non CFD) info Yes
Social Trading / Copy Trading info No
Cryptocurrency (Physical) info No
Cryptocurrency (Derivative) info No
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Fineco fees

Fineco does not publish average spread data for forex and CFD trading – making it difficult to assess its true trading costs.

Fineco lists a spread of 1 pip for the EUR/USD, which – even if an average value – is higher than the typical spread offered by forex brokers. Fineco also lists a spread of 0.8 pips, but neither of these spreads are listed as an average value, and no corresponding date range has been provided. That said, it’s worth noting that Fineco appears to offer lower spreads on its index CFDs.

Feature Fineco logoFineco
Minimum Deposit info $0
Average Spread EUR/USD - Standard info N/A info
All-in Cost EUR/USD - Active info N/A info
Active Trader or VIP Discounts info No
ACH or SEPA Transfers info Yes
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info No
Visa/Mastercard (Credit/Debit) info No
Bank Wire (Deposit/Withdraw) info Yes

Mobile trading apps

FinecoBank offers a proprietary mobile app for Android and iOS devices. The online account application is only available to residents of the U.K. and Italy.

FinecoBank’s mobile app continues to improve, and I appreciate that it closely mirrors the broker’s web platform. For instance, the app’s economic calendar and charts are similar to what’s available on the web platform – though those tools are slightly limited within the app (the mobile version offers fewer indicators and a limited calendar view). Navigation has also improved with the introduction of new shortcuts that enhance the user experience. To learn more about the brokers with the best mobile trading apps, read our mobile trading guide.

Feature Fineco logoFineco
Android App info Yes
Apple iOS App info Yes
Mobile Alerts - Basic Fields info Yes
Watchlist Syncing info No
Mobile Charting - Draw Trendlines info No
Mobile Charting - Multiple Time Frames info Yes
Mobile Economic Calendar info Yes
Mobile Charting - Indicators / Studies info 6

Trading platforms

Fineco offers a trading platform for web and desktop called PowerDesk. The geolocational restrictions (and lack of demo account availability) at Fineco meant that it was impossible for me to install the PowerDesk trading platform, but I was granted access to the web platform. While the Fineco web platform has a rich variety of features for forex and CFD traders, and has recently been refined, it would continue benefit from a modern upgrade to improve its ease of use.

Platforms overview: Fineco delivers a wide range of markets through its web platform. By bringing banking and investing together under one roof, Fineco has made it easy for traders to access everything they need – including forex, CFDs, and funds.

Feature Fineco logoFineco
Virtual Trading (Demo) info No
Proprietary Platform info Yes
Desktop Platform (Windows) info Yes
Web Platform info Yes
Social Trading / Copy Trading info No
MetaTrader 4 (MT4) info No
MetaTrader 5 (MT5) info No
DupliTrade info No
ZuluTrade info No
Charting - Indicators / Studies (Total) info 37
Charting - Drawing Tools (Total) info 7
Charting - Trade From Chart info No
Watchlists - Total Fields info N/A

Research

Given the caveat that I was unable to test much of FinecoBank’s trading platform features, I nevertheless felt that the research features were underwhelming. FinecoBank’s newsroom section does host an assortment of articles that I found to be decent, including its Market Theme series. Following FinecoBank's exit from the U.K. market, most of the resources provided by the broker are in Italian; English-language content at FinecoBank is now limited.

Research overview: Research consists of articles, videos, and news headlines from Thomson Reuters found in FinecoBank’s platform suite. I found the custom screeners within the web platform to be very robust for analyzing different securities, including using visualized plot graphs based on fundamentals.

Market news and analysis: Fineco’s Market Theme series of articles is a reasonably helpful blend of investor education and time-sensitive market information. However, the time-sensitive quality of some of the content means it can quickly become outdated. Daily market commentary remains absent from Fineco’s platform offering, besides the headlines from Thomson Reuters which are nicely integrated.

Feature Fineco logoFineco
Daily Market Commentary info No
Forex News (Top-Tier Sources) info Yes
Autochartist info No
Trading Central (Recognia) info No
Social Sentiment - Currency Pairs info No

Education

FinecoBank’s webinars, videos and articles are a good foundation for future improvement, but its run-of-the-mill educational content can’t compete with the top forex brokers.

Learning center: FinecoBank provides a video library for both its English (U.K.) and Italian (IT and EN) websites, where there are dozens of videos grouped by theme. I found some of the English content to be good quality, including some archived webinars on FinecoBank’s YouTube channel.

Fineco’s daily webinars cover investing and trading themes, and also include live trading events. The website hosts a mix of research and educational articles in its newsroom section. Overall, FinecoBank’s educational has improved but still trails behind peers.

Room for improvement: Adding the ability to filter material by experience level would enhance the platform’s educational content. I’d also like to see a general expansion of the topics and themes covered in this section. Some of the best brokers offer lesson programs, complete with quizzes and progress tracking – features that are currently absent at FinecoBank.

Feature Fineco logoFineco
Education (Forex or CFDs) info No
Client Webinars info Yes
Client Webinars (Archived) info No
Videos - Beginner Trading Videos info Yes
Videos - Advanced Trading Videos info No
Investor Dictionary (Glossary) info Yes

Final thoughts

If you reside in Italy, FinecoBank is an excellent choice for all things banking and brokerage, with forex and CFDs offered alongside popular global stock markets.

Though you can trade a wide variety of securities at FinecoBank, its range of available CFDs is narrow and the broker's research and educational content can't keep up with industry leaders. For traders residing outside of Italy but within the EU, please note that you won’t be able to open a live account with Fineco unless you visit a branch in person.

Fineco Star Ratings

Feature Fineco logoFineco
Overall Rating info 4.5/5 Stars
Trust Score info 94
Range of Investments 4.5/5 Stars
Commissions & Fees 3.5/5 Stars
Platforms & Tools 4/5 Stars
Research 4.0/5 Stars
Mobile Trading 4/5 Stars
Education 3.5/5 Stars

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

FAQs

What is the minimum deposit required at Fineco?

Fineco Bank does not require a minimum deposit to open a trading account, making it highly accessible for new traders who wish to start investing without a significant initial commitment. However, it's important to note that maintaining a balance of at least €2,500 can help avoid inactivity fees, depending on the account type selected.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

  • For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
  • For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

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About FinecoBank

FinecoBank holds 106.6 billion in total assets and services over 1.4 million clients as of December 31st, 2022, and is publicly traded on the Italian stock exchange Borsa Italiana (BIT) under the ticker symbol FBK. Launched in 1999, FinecoBank was part of the UniCredit banking group until 2019 when it became a fully independent company and member of the FTSE MIB (Milano Indice di Borsa), representing the 40 most-traded stock classes in Italy.


About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

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