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Fineco (FinecoBank) review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Fineco puts the bank and the dealing platform under the same roof, which suits investors who want a fixed deposit, a SIPP and markets in a single account. The account fee is £0, and the brokerage side sits under investor protection of EU ICS up to EUR 20,000.

Key facts

Best for
A single home for saving, dealing and a card, run by an Italian bank.
Minimum deposit
€0↗
Stock trade fee
€2.95↗
Account fee
£0↗
Inactivity fee
€0↗
Markets
Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Bonds, Funds↗
Regulators
Bank of Italy, Consob↗
Investor protection
EU ICS up to EUR 20,000↗
Retail accounts that lose money
64.22%↗
Currency conversion fee
1%↗
Deposit and withdrawal fees
No fees for deposits or withdrawals↗
Platforms
FinecoX↗
Account types
SIPP↗
Legal entity
FinecoBank S.p.A.↗
Headquarters
Italy↗
Support channels
Email↗
Features
Crypto, Mobile app
Pricing model
Low fees
Official website
finecobank.com

Savings

Headline rate
2%↗
Rate type
Fixed↗
Term
12 months↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Deposit account for existing Fineco current account holders only, funded with new cash on the current account from 1,000 EUR, locked 12 months; early partial or full release at 1% gross annual with funds available the next business day, or at 2% gross annual with funds available after 32 calendar days↗
Monthly fee
€0↗
Account kind
Fixed↗

Debit cards

Free ATM withdrawals
€99↗
Card type
Debit↗
Card network
Visa↗
Currencies
21↗

Loans

Lender type
Direct lender↗
Loan types
Personal, Secured, Credit-line↗

Robo-advisors

Portfolio types
ETF, ESG, Cash, Crypto↗

Facts checked September 26, 2026, 10 sources

Apps and profiles

Elsewhere
WikidataWikipediaLinkedInX

Pros and cons

Pros

  • Savings and dealing sit in the same account, with the fixed deposit alongside the trading platform.
  • The market list is broad: stocks, etfs and forex, and a SIPP is available for retirement investing.
  • The minimum deposit is €0, and No fees for deposits or withdrawals applies to money going in and out.
  • Everyday spending runs on a debit card on the visa network, with an ATM allowance of €99.

Cons

  • Support runs on email only, so questions about a leveraged position wait for a written reply.
  • A stock trade costs €2.95, where a commission-free rival is cheaper for frequent dealing.
  • Leveraged markets sit next to the shares, and retail accounts here lost money 64.22% of the time.
Fineco (FinecoBank)

Ready to try Fineco (FinecoBank)?

Scored 9.1 / 10 by SumCue.

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Who it suits

  • Investors who already hold a Fineco current account and want a fixed deposit, a SIPP and dealing side by side.
  • Traders who want a single platform across stocks, etfs and forex.
  • People who keep money in several currencies, with 21 available.

Who should look elsewhere

  • bunq, when a current account is all the account needs: its minimum deposit of €10 comes without a dealing platform.
  • CFI, for currency trading on its own, where the minimum deposit of $0 is the figure to weigh.
  • Fiesta Credito MX, if the comparison is credit in Mexico under CONDUSEF rather than a European bank.

Safety of your money

Fineco is supervised by Bank of Italy and Consob, the Italian regulators behind the firm. The fixed deposit is covered by deposit protection of EU DGS up to EUR 100,000, while investments held on the dealing platform fall under investor protection of EU ICS up to EUR 20,000. Two separate schemes apply, one for cash in the bank and one for the brokerage side.

Rates and terms

The fixed deposit pays a headline rate of 2%, and the rate type is fixed. The term runs for 12, and the access terms limit it to existing current account holders funding it with new cash. You can release money early, and the rate then depends on how much notice you give.

How Fineco (FinecoBank) compares

Where Fineco (FinecoBank) is available

Available
Italy
Licence in Italy
Bank of Italy, checked September 26, 2026
Licence in Italy
Consob, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Is there a monthly or annual fee?+

The account fee is £0 and the monthly fee is €0, so holding the account costs nothing. Cash going in and out carries No fees for deposits or withdrawals. The charge to watch is trading, at €2.95 a stock trade.

Who regulates Fineco?+

Fineco is supervised by Bank of Italy and Consob, so the bank and the brokerage sit inside a regulated Italian structure. Deposits are covered by EU DGS up to EUR 100,000, and investment balances by EU ICS up to EUR 20,000, a smaller cap than the deposit cover.

Can I take money out of the fixed deposit early?+

Yes, a partial or full release is allowed, and the rate you get depends on how much notice you give before the money comes back. The deposit itself pays 2% at a rate type of fixed over a term of 12.

Do I need to put money in to start?+

The minimum deposit is €0, so a small first transfer is enough. The fixed deposit works differently: the access terms say it must be funded with new cash on an existing current account, so it is not opened as a standalone product.

What can I trade?+

You can trade stocks, etfs and forex through FinecoX, with crypto and mobile app among the listed features. Portfolio styles run to etf, esg and cash, so ETF, cash and crypto holdings sit in the same place.

Is there a pension account and a card?+

A SIPP is listed among the account types: sipp. Everyday banking runs alongside the dealing side, with a debit card on the visa network and an ATM allowance of €99.

How do I reach support?+

Written contact is the channel: email. The channel list does not run to phone or live chat, so time-sensitive questions about a leveraged position wait for a written reply.

How risky is trading on the platform?+

The platform lists forex, CFDs, options and futures next to shares and funds, and retail accounts lost money 64.22% of the time. Levelled products can move quickly against a small balance, so the settings matter as much as the picking.

Sources

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

Fineco (FinecoBank)

Fineco (FinecoBank)

A single home for saving, dealing and a card, run by an Italian bank.

9.1/10See alternatives