The best alternatives to Fineco Bank are
- Saxo Bank - Danish investment bank
- Interactive Brokers - International broker providing all asset classes
- Hargreaves Lansdown - UK-based stockbroker
- Interactive Investor - UK stockbroker
Let's see in a bit more detail how the Fineco Bank alternatives compare to Fineco Bank and each other:
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| Overall score | 4.5 | 4.8 | 4.9 | 4.4 | 4.6 |
| Fees score | 3.4 stars | 3.3 stars | 4.5 stars | 3.1 stars | 3.3 stars |
| Account opening score | 4.2 stars | 2.0 stars | 3.2 stars | 4.6 stars | 5.0 stars |
| Deposit and withdrawal score | 3.3 stars | 4.8 stars | 3.0 stars | 3.8 stars | 4.3 stars |
| Web platform score | 4.3 stars | 5.0 stars | 4.0 stars | 3.7 stars | 4.3 stars |
| Markets and products score | 3.8 stars | 5.0 stars | 5.0 stars | 3.0 stars | 3.0 stars |
| Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to Fineco Bank? There are many areas based on which Fineco Bank can be compared with others. When we say a given online broker is a good alternative to Fineco Bank we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
Not sure which broker to choose? For a tailored recommendation, check out our broker finder tool. Answer 4 simple questions and get a list of the most relevant brokers.
Fineco Bank alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- Fineco Bank is recommended for traders and investors looking for a great trading platform and a broker with a solid background
- Saxo Bank is recommended for investors and traders looking for a great trading platform and solid research
- Interactive Brokers is recommended for traders looking for broad market access and a professional trading environment
- Hargreaves Lansdown is recommended for beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms
- Interactive Investor is recommended for beginners and investors focusing on the uk market
Important factors of finding Fineco Bank alternatives
So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether Fineco Bank or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. The amounts Fineco Bank charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than Fineco Bank.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you cannot make a deposit with your credit card at Fineco Bank, some alternatives might allow you to do that.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Fineco Bank alternative is a must.
Now let's dive into the details of how Fineco Bank and its alternatives perform in the most important areas!
Fineco Bank alternatives
Saxo Bank
Saxo Bank, a Danish investment bank founded in 1992, provides online trading and investment services. The company is regulated by several financial authorities globally, including the Danish Financial Services Agency (FSA) and the UK's Financial Conduct Authority (FCA).
Saxo Bank is a global service provider and its subsidiaries are present in the form of separate legal entities in different regions of the world. The services offered by the various entities may differ slightly, especially with respect to fees and product portfolios. In this review, we tested Saxo Bank UK.
Being regulated by top-tier financial authorities, and having a long track record and a banking background, are all good signs for Saxo Bank's safety.
HEADS UP: Recent issues with account opening - Saxo Bank seems to have a delay in sending you a crucial URL to start your account opening. For more info, see Saxo Bank account opening issues in the review's Account opening chapter. If you'd like to open an account regardless, click here to read about Saxo Bank alternatives.
Recommended for investors and traders looking for a great trading platform and solid research
| Pros | Cons |
|---|---|
| • Great trading platform | • High bond, options and futures fees |
| • Outstanding research | • High minimum deposit |
| • Broad product portfolio | • Lacks live chat and 24/7 availability |
Fees
Saxo Bank has overall average trading and non-trading fees, but the structure is quite mixed, with great differences between the fees for various asset classes.
| Pros | Cons |
|---|---|
| • Low forex fees | • Inactivity fee |
| • Low fund fees | • Custody fee |
| • No withdrawal fee | • High fees for options and futures |
| Saxo Bank | Fineco Bank | |
|---|---|---|
| Apple benchmark fee | $20.3 | $8.2 |
| Vodafone benchmark fee | $23.1 | $9.0 |
| EURUSD benchmark fee | $7.1 | $17.3 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Saxo's account opening is fully digital, user-friendly and available in most countries. However, the minimum deposit is high in certain countries and verification can be slow.
| Pros | Cons |
|---|---|
| • Fully digital | • Minimum deposit is high in certain countries |
| • User-friendly | • Slow account verification |
| • Available in almost every country |
| Saxo Bank | Fineco Bank | |
|---|---|---|
| Minimum deposit | $2,000 | $0 |
| Time to open account | >3 days | 1-3 days |
If you are interested more in Saxo Bank minimum deposit, this overview will help you.
Deposit and withdrawal
Saxo Bank provides multiple deposit and withdrawal options free of charge, on a user-friendly interface.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Electronic wallets not available |
| • Free withdrawal | |
| • No deposit fee |
| Saxo Bank | Fineco Bank | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | Yes |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Saxo Bank's web trading platform is one of the best on the market. Easy to use, the platform also provides features tailored for professionals, such as an advanced order panel.
| Pros | Cons |
|---|---|
| • User-friendly | None |
| • Clear fee report | |
| • Two-step (safer) login |
| Saxo Bank | Fineco Bank | |
|---|---|---|
| Web platform score | 5.0 stars | 4.3 stars |
| Mobile platform score | 5.0 stars | 4.7 stars |
| Desktop platform score | 5.0 stars | 2.7 stars |
Learn more about Saxo Bank's web trading platform in the detailed Saxo Bank review.
Markets and products
Saxo Bank's product portfolio covers all asset classes and a lot of markets globally. Mutual funds are the only area where the selection could be improved.
| Saxo Bank | Fineco Bank | |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| Funds | Yes | Yes |
| Bonds | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | No |
Verdict
Saxo Bank is a great broker, providing a complex and good service.
It offers a user-friendly and well-designed trading platform, backed by great research. The product portfolio covers all asset types and many international markets.
It has some drawbacks though. The fees for bonds, options and futures are high. There is also a high minimum deposit for certain countries. Lastly, there is no live chat or 24/7 customer support.
In general, Saxo Bank is one of the best online brokerage companies out there. By opening an account, you will get a broad, well-developed service constantly adapted to the needs of clients.
| Saxo Bank | |
|---|---|
| Summary | Saxo Bank is a Danish investment bank. It is regulated by several financial authorities globally, including the top-tier UK FCA. |
| Fees score | 3.3 stars |
| Recommended for | Investors and traders looking for a great trading platform and solid research |
Fineco Bank alternatives
Interactive Brokers
Interactive Brokers, one of the biggest US-based discount brokers, was founded in 1977. The broker is regulated by several financial authorities globally, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).
Given that the broker has licenses from multiple top-tier regulators, Interactive Brokers is considered safe. The fact that it has a long track record and publicly disclosed financials while being listed on a stock exchange all point to IB being a safe service provider.
Interactive Brokers recently launched a new app for global stock trading: read our review of IBKR GlobalTrader.
In addition, Interactive Brokers also has an app you can use for ESG investing: read our review of IMPACT by Interactive Brokers.
Recommended for traders looking for broad market access and a professional trading environment
| Pros | Cons |
|---|---|
| • Low trading fees | • Complicated account opening process |
| • Wide range of products | • Complex desktop trading platform |
| • Many great research tools | • Understaffed customer service |
Fees
Interactive Brokers has low trading fees and the best margin rates in the industry. For US clients, stock and ETF trading is free if they choose the Lite plan.
| Pros | Cons |
|---|---|
| • Low trading fees | None |
| • Free stock and ETF trading for US clients | |
| • Low margin rates |
| Interactive Brokers | Fineco Bank | |
|---|---|---|
| Apple benchmark fee | $2.3 | $8.2 |
| Vodafone benchmark fee | $9.1 | $9.0 |
| EURUSD benchmark fee | $10.4 | $17.3 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
IB's account opening process is fully digital and the required minimum deposit is low. On the negative side, the process is complicated and account verification takes relatively long.
| Pros | Cons |
|---|---|
| • Fully digital | • Not user-friendly |
| • No minimum deposit for most account types |
| Interactive Brokers | Fineco Bank | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1-3 days | 1-3 days |
If you are interested more in Interactive Brokers minimum deposit, this overview will help you.
Deposit and withdrawal
Interactive Brokers offers several account base currencies and one free withdrawal per month. The main drawback is that you can only use bank transfer.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card not available |
| • Several account base currencies | |
| • First withdrawal free each month |
| Interactive Brokers | Fineco Bank | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | Yes |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
The Interactive Brokers web platform is simple and easy to use, even for beginners, however there are some minor but annoying glitches.
| Pros | Cons |
|---|---|
| • User-friendly | • User experience could be better |
| • Clear fee report | |
| • Two-step (safer) login |
| Interactive Brokers | Fineco Bank | |
|---|---|---|
| Web platform score | 4.0 stars | 4.3 stars |
| Mobile platform score | 3.5 stars | 4.7 stars |
| Desktop platform score | 3.8 stars | 2.7 stars |
Learn more about Interactive Brokers's web trading platform in the detailed Interactive Brokers review.
Markets and products
At Interactive Brokers, you have access to an extremely wide range of markets and all product types are available.
| Interactive Brokers | Fineco Bank | |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| Funds | Yes | Yes |
| Bonds | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | No |
Verdict
Interactive Brokers is one of the biggest US-based discount brokers, regulated by several top-tier regulators globally. We recommend this broker both for advanced traders and for everyday investors who want to have access to many stock markets.
On the plus side, IB offers very low fees, a vast range of markets and products, and diverse research tools.
There are some drawbacks, though. We weren't satisfied with the quaity of the customer service and the account opening process is complicated. Unlike the web and mobile platforms, the desktop platform is complex and hard to get a handle on, especially for beginners.
If you have experience navigating complex platforms and enjoy transparent, low-cost trading, Interactive Brokers is a great fit for you.
| Interactive Brokers | |
|---|---|
| Summary | Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC. |
| Fees score | 4.5 stars |
| Recommended for | Traders looking for broad market access and a professional trading environment |
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Fineco Bank alternatives
Hargreaves Lansdown
Hargreaves Lansdown is one of the biggest UK-based stockbrokers. It was founded in 1981 and is regulated by the top-tier Financial Conduct Authority (FCA). In addition, it is a listed company and a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK.
Hargreaves Lansdown is considered safe because it has a long track record, is regulated by a top-tier authority, and is listed on a stock exchange.
Recommended for beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms
| Pros | Cons |
|---|---|
| • Easy-to-use trading platforms | • High fees for stocks and ETFs |
| • High-quality educational tools | • Offline account opening for clients outside the UK |
| • Great customer service | • Only GBP base currency |
Fees
Hargreaves Lansdown has low fund and bond trading fees and there is no inactivity fee. However, the stock and ETF fees are high.
| Pros | Cons |
|---|---|
| • Low non-trading fees | • High stock and ETF fees |
| • No withdrawal fee | • Currency conversion fee |
| • Low fees for funds and bonds |
| Hargreaves Lansdown | Fineco Bank | |
|---|---|---|
| Apple benchmark fee | $33.7 | $8.2 |
| Vodafone benchmark fee | $34.2 | $9.0 |
| EURUSD benchmark fee | - | $17.3 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Hargreaves Lansdown's account opening process is quick and easy as long as you're in the UK and electronic verification works. If this fails or you live outside the UK, you have to send photocopied documents by post.
| Pros | Cons |
|---|---|
| • Fast | • Offline account opening for non-UK clients |
| • No minimum deposit | |
| • Fully digital for UK clients |
| Hargreaves Lansdown | Fineco Bank | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | 1-3 days |
If you are interested more in Hargreaves Lansdown minimum deposit, this overview will help you.
Deposit and withdrawal
Depositing and withdrawing money is easy and free with a debit card or fast bank transfers at Hargreaves Lansdown. Unfortunately, accounts are available only in GBP.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • Only one account base currency |
| • Free withdrawal | |
| • No deposit fee |
| Hargreaves Lansdown | Fineco Bank | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | Yes |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Hargreaves Lansdown's web platform is user-friendly and easy to use. However, it lacks a two-step login and customizability.
| Pros | Cons |
|---|---|
| • User-friendly | • No two-step (safer) login |
| • Clear fee report | • Limited customizability (for charts, workspace) |
| • Good search function |
| Hargreaves Lansdown | Fineco Bank | |
|---|---|---|
| Web platform score | 3.7 stars | 4.3 stars |
| Mobile platform score | 3.9 stars | 4.7 stars |
| Desktop platform score | - | 2.7 stars |
Learn more about Hargreaves Lansdown's web trading platform in the detailed Hargreaves Lansdown review.
Markets and products
Hargreaves Lansdown offers a lot of funds, and you can access a good number of stock markets. However, other products such as forex, CFDs, options or futures are not available.
| Hargreaves Lansdown | Fineco Bank | |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| Funds | Yes | Yes |
| Bonds | Yes | Yes |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | No | Yes |
| Crypto | No | No |
Verdict
Hargreaves Lansdown is one of the biggest UK brokers and is regulated by a top-tier authority.
Its customer service is great, providing you with quick and relevant answers. The web and mobile trading platforms are user-friendly and the educational tools are high-quality.
It has some drawbacks though: it has high fees for stocks and ETFs, account opening for clients outside the UK is not fully digital, and there is only one base currency (GBP).
As there is no minimum deposit and no inactivity fee, Hargreaves Lansdown is a good choice for opening a trading account.
| Hargreaves Lansdown | |
|---|---|
| Summary | Hargreaves Lansdown is a UK broker, regulated by the top-tier FCA. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100, a stock index of the biggest listed companies in the UK. |
| Fees score | 3.1 stars |
| Recommended for | Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms |
Fineco Bank alternatives
Interactive Investor
Interactive Investor (ii) is the second biggest UK stockbroker, regulated by the Financial Conduct Authority (FCA). It was founded in 1995 and incorporated in its current form in 2003.
Interactive Investor is considered safe because it has a long track record and is overseen by a top-tier regulator.
Recommended for beginners and investors focusing on the uk market
| Pros | Cons |
|---|---|
| • User-friendly trading platforms | • Limited product portfolio |
| • Fast and easy deposit and withdrawal | • Basic charting and analytic tools |
| • Great phone customer service | • Monthly account fee |
Fees
Interactive Investor has average trading fees, including low fund fees, while regular investments are free. On the other hand, there is a monthly account fee.
| Pros | Cons |
|---|---|
| • Low fund fees | • Monthly account fee |
| • Regular investments are free |
| Interactive Investor | Fineco Bank | |
|---|---|---|
| Apple benchmark fee | $22.6 | $8.2 |
| Vodafone benchmark fee | $23.1 | $9.0 |
| EURUSD benchmark fee | - | $17.3 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX
Account opening
Opening an account with Interactive Investor is fast, fully digital, and involves no minimum deposit, but only UK addresses are accepted.
| Pros | Cons |
|---|---|
| • Fast | • Only UK residents accepted |
| • Fully digital | |
| • No minimum deposit |
| Interactive Investor | Fineco Bank | |
|---|---|---|
| Minimum deposit | $0 | $0 |
| Time to open account | 1 day | 1-3 days |
If you are interested more in Interactive Investor minimum deposit, this overview will help you.
Deposit and withdrawal
Deposit and withdrawal are easy, quick and mostly free. On the negative side, electronic wallets and credit/debit cards are not accpeted for withdrawal.
| Pros | Cons |
|---|---|
| • Credit/Debit card available | • No credit/debit card withdrawal |
| • No deposit fee | |
| • Free withdrawal in GBP or EUR |
| Interactive Investor | Fineco Bank | |
|---|---|---|
| Bank transfer | Yes | Yes |
| Credit/debit card | No | Yes |
| Electronic wallets | No | No |
| Withdrawal fee | $0 | $0 |
Web trading platform
Interactive Investor's web trading platform is user-friendly and easy to use, but the platform cannot be customized.
| Pros | Cons |
|---|---|
| • User-friendly | • Limited customizability (for charts, workspace) |
| • Clear fee report | |
| • Two-step (safer) login |
| Interactive Investor | Fineco Bank | |
|---|---|---|
| Web platform score | 4.3 stars | 4.3 stars |
| Mobile platform score | 3.8 stars | 4.7 stars |
| Desktop platform score | - | 2.7 stars |
Learn more about Interactive Investor's web trading platform in the detailed Interactive Investor review.
Markets and products
Interactive Investor offers stocks, ETFs, funds, and bonds, but funds and bonds cover only the UK market.
| Interactive Investor | Fineco Bank | |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| Funds | Yes | Yes |
| Bonds | Yes | Yes |
| Options | No | Yes |
| Futures | No | Yes |
| CFDs | No | Yes |
| Crypto | No | No |
Verdict
Interactive Investor is one of the biggest UK brokers, and is regulated by the top-tier FCA.
It has a user-friendly and well-designed web trading platform and mobile app. Deposit and withdrawal are easy and fast, and phone customer service is great, giving you quick and useful answers.
Interactive Investor has some drawbacks though. Its product offer covers only traditional products, like UK funds and a rather average selection of stocks. Technical research tools are limited, and there is a monthly account fee.
As there is no minimum deposit and you can use great trading platforms, feel free to try Interactive Investor.
| Interactive Investor | |
|---|---|
| Summary | Interactive Investor is a UK-based investment service provider. It is regulated by the top-tier FCA. |
| Fees score | 3.3 stars |
| Recommended for | Beginners and investors focusing on the UK market |
Fineco Bank alternatives
Fineco Bank
Fineco Bank is an Italian bank, founded in 1999. It is regulated by the Bank of Italy, the Commissione Nazionale per le Società e la Borsa (Consob), and also subject to limited regulation by the UK's Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
Fineco Bank has a banking license, is listed on the Italian stock exchange (Borsa Italiana), and is a constituent of the STOXX Europe 600 stock index.
At the time of our review, Fineco Bank accepted customers from the UK and Italy only. The service is slightly different for UK and Italian customers, e.g. fees are different. In this review, we tested the company's UK services, but we'll highlight all relevant information for Italian customers as well.
Fineco Bank is considered safe because it has a long track record, is listed on a stock exchange, has a banking background, and discloses its financials transparently.
Recommended for traders and investors looking for a great trading platform and a broker with a solid background
| Pros | Cons |
|---|---|
| • Low non-trading fees | • Only bank transfer for deposit |
| • Great mobile trading platform | • Limited educational tools |
| • Rock-solid background | • Poor charting tools |
Fees
Fineco Bank has low stock and ETF fees, and no inactivity or withdrawal fees. However, forex fees are high, and holding positions overnight (i.e. financing rates) are also expensive.
| Pros | Cons |
|---|---|
| • Low non-trading fees | • High forex and options fees |
| • Low stock and ETF fees / Free stock trading | • High fees for CFD overnight positions |
| • Low fund fees |
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| US stock | $4.0 | $10.0 | $1.0 | $16.7 | $11.2 |
| UK stock | $4.1 | $11.2 | $4.2 | $16.7 | $11.2 |
Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k
Account opening
Fineco Bank's account opening is fully digital, and no minimum deposit is required. Account verification can be on the slow side, taking as much as 2 business days.
| Pros | Cons |
|---|---|
| • Fully digital | • Slightly slow account verification |
| • No minimum deposit |
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| Minimum deposit | $0 | $2,000 | $0 | $0 | $0 |
| Time to open account | 1-3 days | >3 days | 1-3 days | 1 day | 1 day |
Learn more about Fineco Bank minimum deposit here.
Deposit and withdrawal
Fineco Bank offers a great variety of account base currencies, and deposits are free. On the negative side, you can't use credit/debit cards or electronic wallets for deposit.
| Pros | Cons |
|---|---|
| • No deposit fee | • Credit/Debit card deposit not possible |
| • Several account base currencies | • Electronic wallets not accepted |
| • Free withdrawal in most cases |
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes |
| Credit/debit card | Yes | No | No | No | No |
| Electronic wallets | No | No | No | No | No |
| Withdrawal fee | $0 | $0 | $0 | $0 | $0 |
Web trading platform
Fineco Bank has a great web trading platform. It's well-designed and offers many features, including a convenient search function. However, the platform is not customizable.
| Pros | Cons |
|---|---|
| • Good search function | • Limited customizability (for charts, workspace) |
| • Good variety of order types | |
| • Modern design |
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| Web platform score | 4.3 stars | 5.0 stars | 4.0 stars | 3.7 stars | 4.3 stars |
| Mobile platform score | 4.7 stars | 5.0 stars | 3.5 stars | 3.9 stars | 3.8 stars |
| Desktop platform score | 2.7 stars | 5.0 stars | 3.8 stars | - | - |
Learn more about Fineco Bank's web trading platform in the detailed Fineco Bank review.
Markets and products
Fineco Bank has a wide product portfolio; from real stocks to CFDs, you can trade many asset classes. However, its selection of mutual funds and certain derivatives is limited.
| Fineco Bank | Saxo Bank | Interactive Brokers | Hargreaves Lansdown | Interactive Investor | |
|---|---|---|---|---|---|
| Stocks | Yes | Yes | Yes | Yes | Yes |
| ETFs | Yes | Yes | Yes | Yes | Yes |
| Forex | Yes | Yes | Yes | No | No |
| Funds | Yes | Yes | Yes | Yes | Yes |
| Bonds | Yes | Yes | Yes | Yes | Yes |
| Options | Yes | Yes | Yes | No | No |
| Futures | Yes | Yes | Yes | No | No |
| CFDs | Yes | Yes | Yes | No | No |
| Crypto | No | Yes | Yes | No | No |
Verdict
Fineco Bank is a great service provider for trading and investing. It has a solid background as a bank, and its status is further strengthened by its listing on the Borsa Italiana. It is also a constituent of the Stoxx Europe 600 stock index.
Fineco Bank has low non-trading fees: there is no fee for inactivity, deposit or withdrawal. We also liked Fineco's mobile trading platform because of its user-friendliness.
However, Fineco Bank's deposit options, educational material and charting tools are limited.
As you can trade many products at a low cost and no inactivity fee is charged, feel free to give Fineco Bank's brokerage service a try.
| Fineco Bank | |
|---|---|
| Summary | Fineco Bank is an Italian stockbroker and bank, regulated by the Bank of Italy, Consob, and subject to limited regulation by the top-tier FCA and PRA. Fineco is listed on the Borsa Italiana and is included in the STOXX Europe 600 stock index. |
| Fees score | 3.4 stars |
| Recommended for | Traders and investors looking for a great trading platform and a broker with a solid background |
Fineco Bank alternatives
Bottom line
Based on our analysis, there are several good alternatives to Fineco Bank. They all offer similar products and target similar customers. Here's a recap of the results in a table.
| Broker | Info | Recommended for |
|---|---|---|
| Fineco Bank | Italian bank | Traders and investors looking for a great trading platform and a broker with a solid background |
| Saxo Bank | Danish investment bank | Investors and traders looking for a great trading platform and solid research |
| Interactive Brokers | International broker providing all asset classes | Traders looking for broad market access and a professional trading environment |
| Hargreaves Lansdown | UK-based stockbroker | Beginners and buy-and-hold investors looking for great customer service and easy-to-use trading platforms |
| Interactive Investor | UK stockbroker | Beginners and investors focusing on the UK market |
Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.
