Home / Reviews / Fineco / Regulation
Fineco regulation: what happens if the firm fails
The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses Fineco and what the protections are.
Facts last checked . Read the full Fineco review.
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
What this means
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.
Client money is held separately from the firm's own money, at FinecoBank itself is a licensed bank. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about Fineco regulation
Is client money segregated at Fineco?
Yes. Fineco holds client money separately from its own funds, at FinecoBank itself is a licensed bank.
Does Fineco offer negative balance protection?
Yes. Fineco offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Is there a compensation scheme at Fineco?
Fineco's compensation scheme is recorded as: Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately. A scheme covers the broker failing, not losses on your trades.