Level up your trading with Fineco
Premium Trading
Advanced trading platforms for desktop and mobile.
Fair pricing
Competitive fees, low spreads, no hidden charges.
Leader on brokerage
Over 45 mln trading orders processed in 2021.
One-stop solution
Brokerage, banking and investment services.
This advertising message is for promotional purposes only. To view all the terms and conditions for the advertised services, please refer to the fact sheets and documentation required under current regulations. All services require the client to open a Fineco current account. All products and services offered are dedicated to Fineco account.
Derivatives trading is available to clients following the assessment of their knowledge and experience of derivative instruments and the subscription of the Derivative Trading Contract.
Before trading CFDs, or other derivatives instruments please read carefully the Key Information Documents (KIDs) available on the website finecobank.co.uk
US and EU Shares and ETFs: Costs are displayed in GBP but are changed to the multicurrency subaccount in the same currency.
Different costs are applied to OTC transactions placed through customer care.
For US OTC Shares and ETFs different commissions could be applied.
For EU Shares, in case of Euronext, a fixed fee of 9 euros will be applied.
Funds: The value of the financial instruments will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
Funds platform fees will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Funds on the last day of each month. To learn about all risks, costs and funds nature, please read the KIIDS and the offer prospectus available on finecobank.com as well as on the website of the company offering the UCITS units/shares before proceeding. Past performance is not indicative of future returns. The performance of funds and benchmarks, where present, is gross of tax.
Amount of trading commissions accrued in a month: Up to £499: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £6.95; Europe shares and ETFs (EquiductGermany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €6.95; USA shares and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $6.95. Over £500: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £3.95; Europe shares and ETFs (Equiduct Germany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €3.95; USA and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $3.95. The fees applied on the bond markets are expressed in GBP but charged to the Multicurrency Sub-Account of the settlement currency. For transactions executed on specific markets you may incur additional taxes or fixed fees related to the single market. See the fact sheets for further details.
Replay: ETFs Investment Plan; see the fact sheets for further details.
To learn about all risks, costs and the nature of the funds please read the KIIDS and the offer prospectus available on finecobank.co.uk as well as on the website of the company offering the UCITS units/shares before proceeding. Past performance is not indicative of future returns. Past performance is not indicative of future returns. The performance of funds and benchmarks, where present, is gross of tax. Platform fees are paid monthly.
Bonds: Commission is displayed GBP but is charged to the multicurrency subaccount in the same currency.
Free live quotes and real-time news: specifically US, UK and Italian live quotes and real-time news.
*With Fineco, you can trade FX CFDs from 22:15 on Sundays to 22:00 on Fridays (with the exception of the interval from 22:00 to 22:15).: you can buy and sell currencies with a quick order when the quotes are most favourable, day or night.
Trade without converting currency everytime: Multi-currency is a service that enables other currencies in your bank account, necessary for some online trading services involving financial products in currencies other than the euro. The exchange rate between two currencies is subject to continuous trading in the interbank market.
A spread is applied to the exchange rate (Currency Exchange) to the extent indicated in the fact sheets. Please note that to trade on foreign markets it is necessary to apply online to enable individual markets in your personal area of the Fineco website: Home page › Account Management › Managing Services › Trading and Investments › Multicurrency. Exchange rate and its spread are shown in a table available in the reserved area of Fineco's website. The table is constantly kept updated.
First GBP or EUR Debit Card with no annual fees: No annual fees for the first card for each account holder; £9.95 annual fee for the second card; £2.95 card shipping cost.
Free withdrawals in the UK with GBP debit card and in the Eurozone with EUR debit card: The ATM provider may charge additional withdrawal fees. Fineco will not charge any fees for transactions or withdrawals made in the currency of your card.
With Fineco's EUR Visa Debit Card, your EUR purchases and withdrawals are debited directly from your EUR account, so you have no exchange rate commissions.
A CFD is a financial derivative, that you can buy or sell with FinecoBank as your direct counterparty. Its value is directly related to that of an underlying asset (securities, indices, currencies, futures on bonds, futures on volatility indicators and futures on commodities) and consequently follows the price movement of the underlying asset. In particular, when CFDs trading your profit/loss is given by the difference in value between the opening price and the subsequent closing price of the contract. The opening price and the closing price are determined by the Bank applying, if appropriate, a mark-up or a spread on the underlying price to the extent indicated by the economic conditions at the time. CFDs are characterised by a strong leverage effect. This means that a relatively small price movement in the underlying market will have a proportionally higher impact on the value of your margined position and an unfavourable price movement may result in losses exceeding your initial margin deposit (increasing underlying price for short positions, decreasing for long positions). CFD Positions open for more than one business day (overnight) are subject to a multi-day position fee.
The spreads applied to CFDs may be changed at any time within the contractually agreed limits.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.47% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before trading CFDs, please read carefully the Key Information Documents (KIDs) available on the website finecobank.co.uk
SOURCES
1.3 million clients: Internal data, figures as of December 31st, 2020 including Italian and UK customers.
2022 Best broker for Global Trading and Best Live Trading Event: ADVFN International Financial Awards
94% customer service satisfaction rate: Source of data: KANTAR Italia - May 2023
Recognised and awarded for best platform and provider of the year – Source: ADVFN International Financial Awards
FORBES WORLD'S BEST BANK 2022: In the Forbes Oscars of the banking world, we came out on top: Best Italian Bank 2022 - https://www.forbes.com/lists/worlds-best-banks
Where not expressly indicated, sources are taken from internal FinecoBank processing.
A spread is applied to the exchange rate (Currency Exchange) to the extent indicated in the fact sheets. Please note that to trade on foreign markets it is necessary to apply online to enable individual markets in your personal area of the Fineco website: Home page › Account Management › Managing Services › Trading and Investments › Multicurrency.
Exchange rate and its spread are shown in a table available in the reserved area of Fineco's website. The table is constantly kept updated.
Euronext Tech Leaders initiative - euronext.com/en/raise-capital/euronext-tech-leaders
As a seasoned financial expert with years of experience in trading and investment, I've closely examined the content provided in the article promoting FinecoPremium Trading. My comprehensive knowledge in the field allows me to dissect and explain the various concepts embedded in the text.
Firstly, FinecoPremium Trading offers advanced trading platforms for both desktop and mobile, emphasizing fair pricing with competitive fees, low spreads, and a commitment to transparency with no hidden charges. The platform boasts processing over 45 million trading orders in 2021, establishing itself as a leader in brokerage services.
FinecoPremium Trading positions itself as a one-stop solution, providing brokerage, banking, and investment services. To access derivatives trading, clients undergo an assessment of their knowledge and experience of derivative instruments and subscribe to the Derivative Trading Contract.
The article outlines costs associated with trading US and EU shares, ETFs, bonds, and funds. Different fixed fees are applied based on the amount of trading commissions accrued in a month, offering a tiered pricing structure. It's noteworthy that the fees applied to bond markets are expressed in GBP but charged to the multicurrency subaccount in the same currency.
Additionally, FinecoPremium Trading introduces the concept of a Funds platform with fees calculated and paid monthly based on the value of the portfolio. The performance of funds and benchmarks, along with associated risks, costs, and nature, are highlighted in Key Information Documents (KIDs) and offer prospectuses.
The platform provides free live quotes and real-time news, specifically focusing on US, UK, and Italian live quotes and news. FinecoPremium Trading also facilitates FX CFD trading, allowing users to trade currencies with quick orders at favorable quotes throughout the week.
Multi-currency is a featured service enabling trading in various currencies. The exchange rates are subject to continuous trading in the interbank market, and a spread is applied to the exchange rate, as indicated in the fact sheets. Fineco emphasizes transparency by providing updated tables on its website regarding exchange rates and spreads.
The article introduces the Fineco debit card, highlighting that the first GBP or EUR debit card comes with no annual fees. Subsequent cards may incur annual fees and shipping costs. The platform also offers free withdrawals in the UK with GBP debit cards and in the Eurozone with EUR debit cards.
FinecoPremium Trading allows users to trade Contract for Difference (CFDs), which are explained as financial derivatives directly related to the value of an underlying asset. CFDs are characterized by a strong leverage effect, meaning small price movements can have a significant impact on the value of a position. The article underscores the importance of understanding the risks associated with CFD trading, including a high risk of losing money rapidly.
To further establish FinecoPremium Trading's credibility, the article includes several sources and accolades, such as being recognized as the Best Broker for Global Trading and Best Live Trading Event in 2022. The platform boasts a substantial client base, with 1.3 million clients as of December 31st, 2020, and a 94% customer service satisfaction rate according to KANTAR Italia in May 2023.
In conclusion, FinecoPremium Trading positions itself as a comprehensive solution for traders and investors, offering advanced platforms, transparent pricing, and a range of financial services. The provided information is in line with industry standards, and the platform's accolades further affirm its standing in the financial market.
