The safety dossier

Safety first

Fineco review

Who regulates Fineco, under which licence, and what that means for your money.

Last checked

Fineco offers some protection if it fails and not all of it, which is the ordinary offshore trade-off: you gain leverage and lose the safety net. Regulated by Bank of Italy; CONSOB; ECB/European banking supervision, offering Fineco Web, Fineco App, PowerDesk.

Our rating

★★★½

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

The licence is what decides where your money sits and who is obliged to do something about it.

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

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

Cost is the last thing to weigh here, and never the thing that should decide it.

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.

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.

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.

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

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

Support and education

Support hours
Business/extended market hours
Contact channels
Phone, online support, secure client area
Languages
Italian primarily
Telephone
N/A
Email
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

What happens to my money if Fineco goes bust?

Fineco sits behind Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Which bank actually holds client money at Fineco?

Fineco holds client money with FinecoBank itself is a licensed bank, in accounts kept separate from the firm's own. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.

Can I lose more than I deposit with Fineco?

Fineco provides negative balance protection, recorded as yes for eligible retail CFD clients under EU rules. So it exists and it does not reach every client, and which entity you were onboarded to decides whether it reaches you.