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Written by: Adam N. Updated: Dec 2022
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Summary

Short selling is a trading strategy in which you speculate on the decline in the price of a stock or other security. If you'd like to learn about the intricacies of short selling real stocks, be sure to check out this article explaining the short selling of stocks.

Some stockbrokers only allow long position in stocks and ETFs. Others allow short positions only via CFDs on a handful of popular individual stocks. Advanced traders prefer brokers that allow the short selling of real stocks (and not just CFDs) on most stock markets their clients have access to.

Unfortunately, Fineco Bank doesn't allow the short selling of real stocks. If you are looking for brokers that provide this service, check out this article about the best brokers for short selling or use our broker finder tool for a tailored recommendation.

Let's take a look at other popular asset classes at Fineco Bank that enable traders to go short.

Short sale at Fineco Bank
Short selling of CFDs

As clients of Fineco Bank can trade CFDs, they can also go short on these assets. In the table below you will find our calculation for shorting some of the most traded CFD assets. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

Fineco Bank CFD fees for a $2,000 short position held for one week
Fineco Bank Saxo Bank Interactive Brokers
S&P 500 index CFD fee $1.8 $3.1 $3.3
Euro Stoxx 50 index CFD fee $2.3 $3.0 $4.3
Apple CFD fee $1.8 $23.1 $4.3
Vodafone CFD fee $2.3 $22.8 $10.0

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Short sale at Fineco Bank
Shorting a currency

At Fineco Bank, you can trade forex pairs, therefore you can go long or short in any of the currency pairs they offer. In the following table you will find our calculation for shorting the most traded currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

Fineco Bank forex benchmark fees for a $20,000 30:1 short position held for one week
Fineco Bank Saxo Bank Interactive Brokers
EURUSD benchmark fee $18.4 $13.7 $14.8
GBPUSD benchmark fee $17.4 $8.7 $10.8
AUDUSD benchmark fee $29.2 $10.4 $9.0
EURCHF benchmark fee $23.3 $1.0 $4.9
EURGBP benchmark fee $20.1 $11.6 $12.8

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Short sale at Fineco Bank
Short selling futures

You can short some of the most traded markets at Fineco Bank using futures. The table below shows the fees for selling 10 contracts.

Fineco Bank futures fees vs competitors
Fineco Bank Saxo Bank Interactive Brokers
US micro e-mini stock index futures $7.0 $40.0 $2.5
UK stock index futures - $37.2 $21.1
German e-mini stock index futures $8.0 $42.8 $8.6

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Author of this article

Adam Nasli

Author of this article

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Adam Nasli

Analyst Head

Adam is a motivated finance expert. He is one of the first hires at BrokerChooser and has since tested almost all 100+ brokers covered by BrokerChooser. Adam holds a professional degree from CEU and he helps teach finance and programming courses at his alma mater. Previously he worked in the banking sector, including at Citi Bank. He loves researching the financial industry, managing his long-term investments, and trading with algorithms.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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