Is Fineco safe?

Safety summary

Client money is held separately from the firm's own money, at FinecoBank itself is a licensed bank. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately, which pays eligible clients up to its limit if the firm fails owing client money.

Regulatory coverage

Fineco is connected with 3 recorded licences: Bank of Italy (tier one), CONSOB (tier one) and ECB (tier one).

View every licence

Client protections

Protections may include segregated client money, negative balance protection and a compensation scheme (Italian deposit guarantee protection up to €100,000 for eligible bank deposits; investor-protection arrangements apply separately). They apply only where the account and client are eligible under the relevant entity and jurisdiction.

Official warnings

Licence concerns

Website verification

The recorded broker website is finecobank.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.

Company history

Fineco was established in 1999. No material change has yet been recorded on this profile.

Complaints and responses

View the complaints tab

The available evidence supports a favourable risk assessment for Fineco. This assessment can change if licences, entities, warnings or broker operations change.