Fineco Bank — where it wins, where it loses
Fineco Bank wins on regulatory reach. It loses on published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
- regulatory reach
Loses on
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| Bank of Italy | Italy | Tier 1 | FinecoBank Banca Fineco S.p.A. | images.finecobank.com | |
| FCA | 735612 | United Kingdom | Tier 1 | FinecoBank Banca Fineco S.p.A. | register.fca.org.uk |
| PRA | United Kingdom | Tier 1 | FinecoBank S.p.A. (UK branch) | images.finecobank.com |
Checkable
Facts the comparison runs on
On the record
- FinecoBank S.p.A. is an Italian bank enrolled in the Register of Banking Groups at No. 020081, part of the UniCredit group at incorporation and independent from UniCredit since 2019 (Wikipedia/company materials).
- The bank's own UK application form states it is authorised and regulated by the Bank of Italy and Consob, deemed authorised by the UK PRA, and subject to FCA regulation with limited PRA regulation.
- FinecoBank has been listed on Borsa Italiana (FTSE MIB constituent since 2016) since its 2014 IPO. Source: FinecoBank investor relations (finecobank.com) and Borsa Italiana listings.
- The FCA register lists FinecoBank SPA under FRN 735612; a UK branch operates under Companies House establishment number BR021431.
- Fineco launched its Fineco Online brokerage service in 1999.
| Trading since | 1999 |
|---|---|
| Base | Reggio Emilia / Milan, Italy (registered office Piazza Durante 11, Milan) |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | Fineco Web/App platform, PowerDesk |
| Account tiers | Banking account, Trading account, FX account |
| Markets | Forex, Shares, ETFs, Options, Futures, Bonds, Funds, CFDs |
| Record confidence | high |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- minDeposit not stated on crawled UK pages
- maxLeverage not verified on an own spec page
- spreadEurusd not verified
- segregatedFunds not verified (banking-client protections differ from broker segregation)
- negativeBalanceProtection not verified in crawled legal text
- Italian banking licence/ABI register number not verified on a primary register page
Costs less
Who beats Fineco Bank on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.