This advertising message is for promotional purposes only. To read all the terms and conditions for the advertised services, please refer to the fact sheets and documentation required under current regulations, that you can find in the desktop website. All services require the client to open a Fineco current account. Read more ›
1 CFD are excluded from the offer of 100 commission free trades.
Contracts For Difference (CFD) trading is available to clients following the assessment of their knowledge of derivative instruments and the subscription of the Derivative Trading Contract.
CFDs (Contracts for Differences): a CFD is a financial derivative, which 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 in the underlying asset. In particular, in CFD 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 characterized 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 a working day (overnight) are subject to a multi-day position fee.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78,7% 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.
2 Bank No. 1 in Europe for online trading (for Executed orders) / The most used platform in Europe – Source: Main European brokers balance sheets 2016 (Comdirect, ConsorsBank).
3 The £3.95 fee is only applied, if the total generated monthly commission fees are more than £800 for online transactions on UK Shares, European shares [NS1] (EquiductGermany, Xetra, Equiduct France, Netherlands, Portugal , Euronext, Italy), US Shares (Nyse, Amex, Nasdaq). The fee is also applied for specific types of derivative futures, if the generated monthly commission fees are more than £500. See the fact sheet for further details.
Transactions executed on the following markets are subjected to additional costs: Finland, Spain , Switzerland and all orders non traded on line or not marketable on line. See the fact sheet for further details.
For transactions executed on specific markets, you may incur additional taxes or fixed fees related to the single market.
Best Digital Bank in Italy – Source: Global Finance Award, financial magazine – 2016.
Bank No. 1 in Europe for online trading/The most used platform in Europe – Source: Main European brokers balance sheets 2015 (Comdirect, Cortal-Consors, Dab Bank)
World Finance 100 Award – Source: The international magazine World Finance 100 positioned Fineco amongst the top 100 corporations of 2015, from a selection of 17 banks at a global level.
The most recommended bank – Source: The Boston consulting Group "What really shapes the Customer Experience" Research 2015
98% satisfied clients - Source: 2016 TNS Infratest research – Italy
FinecoBank S.p.A. - Part of the UniCredit Banking Group enrolled in the Register of Banking Groups at No. 020081 – Registered Office Piazza Durante 11, Milan 20131 – Headquarters Via Rivoluzione d’Ottobre 16, Reggio Emilia 42123 – Share capital €200,773,450.35, fully subscribed and paid-in - ABI Code 3015,5 – VAT No. 12962340159 – Tax ID No. and Milan Companies Register No. 01392970404 – Economic and Administrative Index (REA) No. 1598155 – Member of the National Compensation Fund and the National Interbank Deposit Guarantee Fund. Fineco Bank is a trademark licensed for use by FinecoBank S.p.A. authorised by the Bank of Italy and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request. Read less ›