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. Continua ›
A Professional Client is defined as a Client who possesses the experience, knowledge and competence necessary to make informed decisions about investments and to correctly assess the risks they assume (see Consob Regulation, Annex 3). Art. 37 ("Contracts"), paragraph 3, Art. 38 ("Contracts relating to portfolio management"), Art. 42 ("Appropriateness"), paragraph 4 which refers to Art. 56, paragraph 1 of Del. Reg. 565/2017, Art. 44 ("Combined sales practices"), paragraph 2, Art. 47 ("Obligation to execute orders at the most favourable conditions for the Client"), paragraph 3 and Art. 60 ("Statements to Clients"), paragraph 2, of the Consob Regulation on Intermediaries (adopted with Resolution no. 20307/2018) do not apply to professional Clients. It is possible to request an upgrade to 3 different types of Professional Client: 1) Professional Client for derivative and leveraged instruments, 2) Professional Client for asset management instruments, 3) Professional Client in general. A Fineco Professional Client, aware of the lower level of protection provided, can operate with this qualification only on accounts with a single holder and on joint accounts, only if the other joint holders have a similar classification. It is possible to operate offline on managed assets even if the joint account holders do not have the same qualification only if the user is qualified as a Professional Client on asset management instruments or on a general basis.
Contracts For Difference (CFD) trading is available to clients following the assessment of their knowledge and experience 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. 64.14% 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 in CFDs, please read carefully the Key Information Documents (KIDs) available on the website: finecobank.com.Leverages offered are differentiated according to the type of underlying and customer classification: up to 28.57 times for retail customers and up to 100 times for professional customers.For the economic conditions, features, nature and risks of the products, reference must be made to the contract supplements (delete links to contract supplements) concerning the services for receiving and transmitting orders and for executing orders on behalf of customers also by negotiating derivative financial instruments, as well as to the relevant Product Sheets and Operating Rules, available on the website finecobank.com
Logos Time CFDs (Binary Options): derivative financial instrument stipulated between the Bank and the Client, whose value is directly linked to that assumed by another financial instrument (so-called Underlying Asset) upon expiry of the CFD contract. The underlying asset may consist of equity securities listed on regulated markets or Futures contracts on indices, rates or currencies. The settlement of the contract is therefore calculated on the basis of the occurrence or otherwise on the contract's expiry of the option chosen by the Client at the time of its opening. If the chosen option occurs, the Client will make a profit equal to the product of the Margin paid and the Payout Factor shown by the Bank before the opening of each position. Operations on Logos Time CFDs involve a high degree of risk. If the price variation at the end of the transaction is different from the one chosen by the Client, the entire margin paid will be lost. No matter what happens, the loss of the transaction will never exceed the margin paid. The payout factor can fluctuate between 0.5 and 1. The change in the payout factor can only take place outside trading hours. Logos Time CFDs are products offered only to professional Clients. For the costs, characteristics, nature and risks of the products see the contractual supplement concerning the services for receiving and sending orders, executing orders on behalf of Clients also through the autonomous trading of derivative financial instruments, the relevant Product Sheets and Operational Rules available on the website finecobank.com. Transactions on derivative financial instruments are reserved for Fineco Clients who are qualified to trade by completing a specific questionnaire and signing the Contractual Supplement.
FinecoBank S.p.A. - Registered Office Piazza Durante 11, Milan 20131 - Headquarters Via Rivoluzione d'Ottobre 16, Reggio Emilia 42123 - Share capital € 201,508,439.55 subscribed and paid-in - Bank enrolled in the Register of Banks and Parent Company of the FinecoBank Banking Group – enrolled in the Register of Banking Groups at No. 3015 - VAT No. 12962340159 - Tax ID No. and Milan-Monza-Brianza-Lodi 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 and regulated by the Bank of Italy and Consob (Italian Market Regulator). Deemed authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. - PEC: finecobankspa.pec@actaliscertymail.itRiduci ›
