Is ISA available at Fineco Bank?
Yes, Fineco Bank provides stocks and shares tax-advantaged ISA accounts for UK tax residents!
Why go over Fineco Bank to check out a tax-advantaged account?
- ISAs may be a viable alternative to fight inflation - anything else than keeping your money under the pillow might be a good alternative.
- Fineco Bank and its peers are regulated by at least one top-tier regulator, like the Financial Conduct Authority (FCA), which is a good sign.
- This means, you'll be eligible to financial compensation schemes, if the broker goes bust.
Does Fineco Bank provide stocks and shares ISA?
What to expect at Fineco Bank?
First, let's go over the UX perspective. Here's a quick rundown on how good the mobile experience at Fineco Bank is compared to its competitors.
|Fineco Bank||Saxo Bank||Interactive Brokers|
|Mobile platform score||4.4 stars||5.0 stars||3.5 stars|
With an ISA, you'll be able to invest in certain trading products tax-free. Trading fees for these assets at Fineco Bank are:
- for stocks and ETFs: Low
- for mutual funds: Low
- for bonds: Low
And now let's see the exact trading costs of each asset that can be used in your stocks and shares ISA at Fineco Bank:
|UK stock & ETF fees (per $2k investment)||$3.3|
|US stock & ETF fees (per $2k investment)||$4.0|
|Mutual fund fees (per $2k investment)||$0.0|
|EU government bonds (per $2k investment)||$7.9|
|US government bonds (per $2k investment)||-|
Apart from trading-fees, let's check if there are any other fees, like inactivity fees, that are charged even if you are not trading:
- Inactivity fees? No - No inactivity fee
|Stocks and shares ISA||Yes|
|Innovative Finance ISA||No|
|SIPP (Self-Invested Personal Pension Account)||No|
If you're not sure what ISA means, head to our ISA article hub first.
If you're interested in the best stocks and shares ISA brokers, read our top list.