Verification record
Fineco review
The entity behind Fineco, its licence, and how to confirm both yourself.
Last checked
Fineco is a real firm and not an outright scam, though enough is unverified here that we would want the gaps closed before recommending it. Regulated by Bank of Italy; CONSOB; ECB/European banking supervision, offering Fineco Web, Fineco App, PowerDesk.
Our rating
One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.
Regulation and safety
- Regulated by
- Bank of Italy; CONSOB; ECB/European banking supervision
- Regulator tier
- Tier 1
- Register entry
- Bank of Italy / CONSOB registers
- Client money segregated
- Yes, subject to Italian/EU banking and investment-services rules
- Held at
- FinecoBank itself is a licensed bank
- Negative balance protection
- Yes for eligible retail CFD clients under EU rules
- Compensation scheme
- Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately
- Audited by
- Independent statutory auditor
- Not available to
- Primarily Italy; services and product availability depend on residency
A licence is the first thing a fake broker cannot produce, so it is the first thing to check.
Fineco lists its regulation as Bank of Italy; CONSOB; ECB/European banking supervision.
The company behind the brand
- Legal entity
- FinecoBank S.p.A.
- Company number
- Italian Banking Register No. 3015
- Headquarters
- Reggio Emilia, Italy
- Founded
- 1999
- Publicly listed
- Yes, Borsa Italiana: FBK
- Parent company
- Independent public company
- Employees
- 1,000+
- Also trades as
- FinecoBank; Fineco
Deposits and withdrawals
- Deposit methods
- Bank transfer and Fineco banking-account funding
- Withdrawal methods
- Bank transfer through Fineco banking infrastructure
- Deposit time
- Bank-transfer dependent
- Withdrawal time
- Standard banking transfer times
- Minimum withdrawal
- No conventional broker-specific minimum
- Local payment methods
- Italian/EU banking infrastructure
What it costs to trade
- Spread from
- 1.0 pip
- EUR/USD spread
- From 1.0 pip
- GBP/USD spread
- Instrument/market dependent
- Commission
- $0 on CFD Forex
- All-in cost, EUR/USD
- From 1.0 pip
- Spread type
- Variable
- Overnight swap
- Overnight financing applies to multiday CFD positions
- Deposit fee
- None for standard account funding
- Withdrawal fee
- Banking/account conditions apply
- Currency conversion
- Spread incorporated into applicable FX conversion
Costs matter less than whether you can withdraw, but an offer that looks impossible usually is.
Spreads from 1.0 pip suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Fineco lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Accounts
- Minimum deposit
- $0
- Account types
- Fineco Account, Trading Account, Professional Client
- Account currencies
- EUR, multicurrency supports USD, GBP, CHF
- Islamic account
- No
- Demo account
- Limited/no conventional standalone forex demo
- Professional account
- Yes
- Minimum trade size
- Instrument-dependent
- Time to open
- Online application; verification-dependent
Markets and execution
- Markets
- Forex, Shares, ETFs, Bonds, CFDs, Indices, Commodities, Futures, Options, Certificates, Crypto-linked CFDs
- Currency pairs
- Multiple
- Total instruments
- Thousands
- Crypto CFDs
- Yes, Bitcoin and Ethereum futures-linked CFDs
- Maximum leverage
- 1:30
- Execution model
- Market maker/principal for CFDs
- Execution speed
- Not publicly disclosed
- Order types
- Market, limit, stop and advanced platform-specific orders
- Servers
- European banking/trading infrastructure
Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.
Fineco covers forex, shares, etfs, bonds, cfds, indices, commodities, futures, options, certificates, crypto-linked cfds. A wider range matters less than depth in the instruments you actually trade.
Funding options: bank transfer and fineco banking-account funding. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.
Platforms and tools
- Platforms
- Fineco Web, Fineco App, PowerDesk
- Own platform
- Yes
- Mobile app
- Proprietary
- Browser trading
- Yes
- Automated trading
- No MetaTrader EA support
- Copy trading
- No
- Indicators
- Advanced technical-analysis indicators and charting
- Third-party tools
- Market data and professional trading tools integrated into Fineco
- API access
- Limited/not a conventional retail trading API offering
Fineco offers Fineco Web, Fineco App, PowerDesk. A proprietary platform can be excellent, but it means your setup does not transfer if you later change broker.
Support and education
- Support hours
- Business/extended market hours
- Contact channels
- Phone, online support, secure client area
- Languages
- Italian primarily
- Telephone
- N/A
- N/A
- Live chat response
- Online support available
- Education
- Extensive: webinars, trading education, platform guides, investment education and events
- Research
- Market news, real-time data, analysis, technical tools and investment research
Information is regularly updated. Last compiled from Fineco's own website on 26 August 2026.
Questions people ask about Fineco
Is Fineco a real registered company?
Yes. At Fineco, the company you would be contracting with is FinecoBank S.p.A., registered as Italian Banking Register No. 3015 and based in Reggio Emilia, Italy. A registration number is checkable in the register of the country that issued it, and a broker that will not give you one is telling you something.
Is Fineco regulated, and by whom?
Fineco holds Bank of Italy; CONSOB; ECB/European banking supervision, which we grade as tier 1. A licence number is the part worth checking, because it is the thing a cloned site copies and the thing the regulator's register will not confirm.
Does Fineco trade under any other names?
Fineco also appears as FinecoBank and Fineco. This matters when you are checking a licence or a warning list, because a search for one name will not always find what was published about another.