Milan-listed bank-broker that is one of Europe's largest by trading volume; also serves UK clients.
- Headquarters
Italy- Founded
- 1999
- Type
- Banks with share dealing
- Licences on record
- 2 (2 European)
- EU client entity
- FinecoBank S.p.A. (Banca d'Italia / CONSOB)
- Platforms
- Own platform
- Products
- Stocks, ETFs, CFDs, Futures, Options, Bonds, Funds
- Website
- finecobank.com
Strengths
- Listed Italian bank with one of Europe's largest trading platforms
- Shares, ETFs, bonds, funds, futures, options and CFDs
- Multi-currency account; acts as tax agent for Italian residents
Watch-outs
- Monthly account fee may apply depending on usage
- Mainly for Italian and UK residents
Overview
FinecoBank was founded in 1999 and is listed on Euronext Milan. It combines banking, brokerage and financial advice, and also serves UK clients.
Our view
For Italian residents, Fineco's role as tax agent (regime amministrato) is a major convenience. See our Italy guide.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| CONSOB Commissione Nazionale per le Società e la Borsa | Italy |
EU/EEA – passportable | Regulator website |
| Banca d'Italia Banca d'Italia | Italy |
EU/EEA – passportable | Regulator website |
What protection would you get?
If you are a retail client of Fineco's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: Up to €20,000 per investor – Fondo Nazionale di Garanzia (FNG)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Arbitro per le Controversie Finanziarie (ACF)
- Best forex brokers in Italy
Verify Fineco yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Group holds a banking licence (higher capital requirements) | +8 |
| Publicly listed group (audited public accounts) | +8 |
| Operating for 27 years | +7 |
| Total | 78/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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