Customer Reviews
Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Fineco Bank across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform3.0
- Customer Service2.5
- Research & Analysis2.5
Pros
- Low costs
- Wide market ranage
- Direct market account
Cons
- Not based in UK
See full expert review
Our verdict
Fineco is an Italian bank and brokerage, active across Europe which has been in operation for 20 years. Fineco has over 1.30 million clients and assets of more than €82.0 billion under administration. Fineco became a bank in 1999 and through M&A became a part of the Unicredit group in 2008. Ultimately Fineco demerged from Unicredit to become an independent company in its own right in 2019.
Summary
Fineco’s main problem for UK investors is that it is based in Italy. That being said, in Italy, it is often referred to as the Hargreaves Lansdown of Italy. But then if you’re based in the UK, surely you’re better of investing with Hargreaves Lansdown?
Customer reviews
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 117 reviews
- Excellent68%
- Very good15%
- Basic9%
- Poor5%
- Bad3%
Read customer reviews
Complete
Complete
No thought
No thought
good
good
2/5
3/5
5/5
Pros:
Simple interface
5/5
Pros:
simple and easy to use
Cons:
nothing
5/5
5/5
Cons:
Iveco
4/5
Pros:
It’s easy to use
Cons:
Simply a little more
Fineco Bank Sets Final Dates for UK Wind-Down
Fineco Bank, one of Europe’s largest stock brokers is bidding farewell to the UK. The Italian bank wrote to clients this week to remind them that the firm would restrict activities on clients’ accounts starting in late November. The bank decided to withdraw from the UK market, post-Brexit, despite having initially continued to operate here
Fineco Bank announces that it will close its UK operations
Fineco Bank one of Italy’s largest online trading firms announced on Friday that it will close its UK operations ahead of a regulatory deadline in December. Why is Fineco Bank closing its UK business? Fineco Bank will close its UK operations ahead of a regulatory deadline in December. Fineco which is based in Italy currently
Fineco Bank launches FinecoX its next generation trading platform
Fineco Bank, which operates one of Europe’s largest online trading brokerages, has launched a new high-end dealing platform called FinecoX. The next-generation trading software features customisable screen layouts, dynamic charting and multi-asset trading. Interested in Fineco Bank? Read our Fineco Bank expert review FinecoX has has professional-level customisation, tools and data The trading and price display
Fineco launches regular investment plans
For those that want to invest for the long term, rather than speculating on the markets through online trading, Italian bank and broker Fineco has launched a regular investment service. What is the Fineco Regular Investment Plan? With the Fineco Regular investment Plan you and invest Funds & ETFs with as little as £/€/$ 50
Paolo Di Grazia, Fineco General Manager & Head of Global Business on the Italian bank’s UK derivatives expansion
As Deputy General Manager of Fineco as well as Head of Global Business. What does an average day look like for you? Right now one of the top priorities for the bank, and consequentially for me, is serving at best our UK clients. Fineco Bank has over 20 years of history and the UK is
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
Comments are closed.