Desk file · 2026 edition · record confidence: high
Fineco Bank
We opened the file on Fineco Bank the way we open every file: register first, marketing never. Trading since 1999, run out of Reggio Emilia / Milan, Italy (registered office Piazza Durante 11, Milan), and carrying 3 licence entries on the public record, 3 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| Bank of Italy | Italy | T1 | FinecoBank Banca Fineco S.p.A. | images.finecobank.com | |
| FCA | 735612 | United Kingdom | T1 | FinecoBank Banca Fineco S.p.A. | register.fca.org.uk |
| PRA | United Kingdom | T1 | FinecoBank S.p.A. (UK branch) | images.finecobank.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- FinecoBank S.p.A. is an Italian bank enrolled in the Register of Banking Groups at No. 020081, part of the UniCredit group at incorporation and independent from UniCredit since 2019 (Wikipedia/company materials).
- The bank's own UK application form states it is authorised and regulated by the Bank of Italy and Consob, deemed authorised by the UK PRA, and subject to FCA regulation with limited PRA regulation.
- FinecoBank has been listed on Borsa Italiana (FTSE MIB constituent since 2016) since its 2014 IPO.
- The FCA register lists FinecoBank SPA under FRN 735612; a UK branch operates under Companies House establishment number BR021431.
- Fineco launched its Fineco Online brokerage service in 1999.
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- minDeposit not stated on crawled UK pages
- maxLeverage not verified on an own spec page
- spreadEurusd not verified
- segregatedFunds not verified (banking-client protections differ from broker segregation)
- negativeBalanceProtection not verified in crawled legal text
- Italian banking licence/ABI register number not verified on a primary register page
| Founded | 1999 |
| Head office | Reggio Emilia / Milan, Italy (registered office Piazza Durante 11, Milan) |
| Minimum deposit | not verified |
| Leverage cap | |
| EUR/USD | not verified pips |
| Tier-1 entries | 3 |
| Record confidence | high |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.