Premium trading, without premium price
With Fineco, trading meets one of the most convenient pricing on the market. Starting from £0 commission on FTSE100, US and EU Shares CFDs, market spread only and no additional markup1.
account monthly fee
No minimun deposit needed
£
0
US SHARES
Fixed commission
$
3.95
UK SHARES
Fixed commission
£
2.95
SHARES CFDs
Fixed commission
£
0
eu shares
Fixed commission
€
3.95
US ETFs
Fixed commission
$
3.95
EUR ETFs
Fixed commission
€
3.95
futures
Commission as low as
$
0.7
index cfds
Spread as low as
0.4
pips
CFDs fx
Spread as low as
0.8
pips
options
Commission as low as
$
1.95
funds
Max annual platform fee
0.25%
BONDS
Fixed commission
£
6.95
MINIMUM DEPOSIT
No minimum amount
£
0
How can we charge such low price? In 2020, over 27 milion orders were executed on the Fineco Platform. A huge volume, wich allows us to keep costs and fees down.
Trading
Trade on thousands of securities from the major world markets with transparent pricing and some of the lowest commissions and spreads in the UK.
Shares and ETFs
Main Stock Markets
| UK | £2.95 per order |
| USA | $3.95 per order |
| GER, ITA, FRA* | €3.95 per order |
| CANADA TSX | C$10.0 per order |
Other Stock Markets
| SPAIN | 0.19% fee (min. €14.95) |
| Switzerland | 0.19% fee (min. CHF24) |
| Finland* | €9.0 per order + 0.19% fee (min. €2.95 - max €19) |
* For Securities on the Hex market it is added € 9 of fixed charges for each executed order. Please find details on all available markets and pricing on the Fact Sheets.
For French securities trading only on the EURONEXT stock exchange €9 of fixed fees will be applied for each executed order. Please find details on all available markets and pricing on the Fact Sheets.
CFDs
Shares CFDs
| UK Shares CFDs1 | £0.0 commission, no added spread |
| USA Shares CFDs | £0.0 commission, no added spread |
| EU Shares CFDs | £0.0 commission, no added spread |
In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration:
- Long Euro traded CFD positions = Euribor 1m 360 (**) + 2.50%
- Long non-Euro Traded CFD positions = Mid TOM Next rate (*) of the relevant currency + 2.50%
- Short positions = 2.50% (flat)
** Euribor (European Interbank offered rate) is an interbank rate calculated and published daily. It is used as the interest rate at which banks lend money to other banks in the interbank market.
1 0,06% mark up per side on FTSE250 share CFDs.
Indices CFDs
| FTSE100 | 0.6 pips |
| GERMANY30 | 0.6 pips |
| NASDAQ | 0.6 pips |
| S&P 500 | 0.4 pips |
| Dow Jones | 1.0 pips |
In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration:
- Long Euro traded CFD positions = Euribor 1m 360 (**) + 2.50%
- Long non-Euro Traded CFD positions = Mid TOM Next rate(*) of the relevant currency + 2.50%
- Short Euro traded CFD positions = Euribor1m360 (**) – 2.50%
- Short non-Euro Traded CFD positions = Mid TOM Next rate (*) of the relevant currency – 2.50%
** Euribor (European Interbank offered rate) is an interbank rate calculated and published daily. It is used as the interest rate at which banks lend money to other banks in the interbank market.
FX CFDs
| EUR/USD | 0.8 pips |
| GBP/USD | 1.0 pips |
| EUR/GBP | 1.0 pips |
In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration
Long and short positions = 2.95% + a variable amount calculated on the basis of the relevant currency’s TOM Next Rates*
TOM Next Rates are published daily in the clients area of the platform.
Futures on Commodities CFDs
| Light Crude Oil | 0.2 pips |
| Gold | 0.3 pips |
In case CFD positions are held open for more than 1 trading day, overnight charges apply based on value (net of the margin paid) and duration:
- Long Euro traded CFD positions = Euribor 1m 360 (**) + 2.50%
- Long non-Euro Traded CFD positions = Mid TOM Next rate(*) of the relevant currency + 2.50%
- Short Euro traded CFD positions = Euribor1m360 (**) – 2.50%
- Short non-Euro Traded CFD positions = Mid TOM Next rate (*) of the relevant currency – 2.50%
** Euribor (European Interbank offered rate) is an interbank rate calculated and published daily. It is used as the interest rate at which banks lend money to other banks in the interbank market.
Be aware of unexpected fees.
Fineco's CFD bid-ask spreads are identical to those on the stock exchange. Some brokers do not charge commissions, but they might include dealing charges as spread to the price.
Futures
CME Futures
| CME monthly fee | FREE |
| Indices Futures | $1.95 per lot |
| Micro E-mini Futures | $2.7 per lot |
| Nikkei Index | $2.7 per lot |
| Currencies Futures | $2.5 per lot |
| Commodities Futures | $2 per lot |
| US Treasures | $2 per lot |
Eurex and Idem Futures
| Eurex monthly fee | FREE |
| Indices Futures | €0.95 per lot |
| Mini DAX | €0.75 per lot |
| DJ Eurostoxx50, DJ Stoxx50 | €0.95 per lot |
| DAX | €0.95 per lot |
| Mini FTSE MIB | €0.95 per lot |
| MicroFib | €0.95 per lot |
| MicroDax, Micro Eurostoxx | €0.75 per lot |
Options
| Up to $499 | From $500 to $9,999 | From $10,000 | |
|---|---|---|---|
| S&P, DJ, Nasdaq, Russell, VIX | $3.95 per lot | $2.95 per lot | $1.95 per lot |
With $500 of total commissions generated paid in the month you access the first reduced commission bracket, which you keep the following month. With $10.000 you reach the Top range of $1.95 per lot. Fees expressed in USD and EUR are converted in to GBP at the official exchange rate existing at the time of the relevant transaction.
Regular saving plans in ETFs
| Flat monthly fee | ETFs included | |
|---|---|---|
| ONE Plan | £2.95 | 1 |
| SILVER Plan | £6.95 | 4 |
| GOLD Plan | £13.95 | 10 |
You can add ETFs to those included in your plan, at a monthly cost of € 2.95 for each additional ETF.
Bonds
| Euronext, MOT, EuroMOT, Hi-MTF, EuroTLX | £6.95 per order |
How can we charge such low prices?
Since 2004 Fineco is the # 1 broker in Italy and one of the largest in Europe by number of executed orders. In 2020 only, over 27 million orders were executed through our platforms. That's a huge volume, which allows us to contain costs and apply low fees.
Investing & ISA
The best international asset managers accessible from a single platform at a super competitive price. Leverage our affordable ISAs and maximize your savings.
Funds
| Funds Portfolio Value | Annual platform fee* |
|---|---|
| On the first £250,000 | 0.25% |
| On the value between £250,000 and £1m | 0.15% |
| On the value between £1m and £2m | 0.05% |
| On the value over £2m | FREE |
| Funds Dealing | FREE |
| Exit Fees | ZERO |
| Min. Investment | £100 |
*Funds platform fee will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Funds on the last day of the each month.
Stocks and Shares ISA
ISA PLATFORM FEE
Get a tax-efficient ISA allowance in just a few easy steps: open your ISA account by 29 September 2022 and enjoy 0% ISA platform fees until the end of the 2022/23 tax year. 0.25% max when promo ends.
Important information - Investments can go up and down in value. Tax rules and benefits are also subject to change depending on your circumstances. This could mean that you get less money back than you put in.
funds
| Annual ISA platform fee | 0.25% MAX 0% ISA platform fees until the end of 2022/23 tax year if you open an ISA account by 29 September 2022 |
| Funds Dealing | FREE |
| Transfer out fees | £0.00 |
*Funds platform fee will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Funds on the last day of the each month and it will be debited in your account within the first three working days of the following month.
Shares, ETFs and Bonds
| Annual ISA platform fee | 0.25% Max £2.95/month Same charges as per standard account |
| Shares, ETFs and Bonds dealing | Same charges as per standard account |
| Transfer out fees | £0.00 |
*Shares, ETFs, Bonds platform fee will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Listed products on the last day of the each month and it will be debited in your account within the first three working days of the following month.
Banking
With Fineco you also have a current account with many services to manage your savings and a free debit card to make purchases and withdraw in the UK and abroad.
Bank account and cards
| Contactless Debit Card | FREE
|
| UK ATM withdrawals and payments | FREE and unlimited with GBP card |
| EU ATM withdrawals and payments | FREE in the Euro zone |
| UK bank transfers | FREE and unlimited |
| SEPA bank transfers | FREE and unlimited |
| EUR SEPA direct debit | FREE and unlimited |
| Maxi-purchase (up to £10,000 at a time) | FREE |
| Budget tracker | FREE |
Currency exchange
Invest and trade directly in GBP, EUR, USD, Swiss Franc and 20+ currencies.
| Online currency exchange | FREE
|
| Reduced spread rates | 40% spread reduction from £500,000 50% spread reduction from £1,000,000 |
Trade without surprises
£0.00 monthly fee, no custody fees, no minimum deposit, no inactivity charges, no market connectivity costs.
This advertising message is for promotional purposes only. To view all the terms and conditions for the advertised services, please refer to the fact sheets and documentation required under current regulations. All services require the client to open a Fineco current account. All products and services offered are dedicated to Fineco account.
Contracts For Difference (CFD) trading is available to clients following the assessment of their knowledge 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. 70.82% 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.
US and EU Shares and ETFs: Costs are displayed GBP but are charged in the multicurrency sub-account in the same value. Different charges apply to OTC transactions placed through customer care.
For US OTC Shares and ETFs different commissions could be applied.
For EU Shares, in the case of Euronext a fixed fee of €9 applies.
The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested
Funds platform fee will be calculated and paid monthly. The monthly fee is calculated based on the value of your portfolio in Funds on the last day of the each month. To learn about all risks, costs and funds nature, please read the KIIDS and the offer prospectus available on finecobank.com as well as on the website of the company offering the UCITS units/shares before proceeding. Past performance is not indicative of future returns. The performance of funds and benchmarks, where present, is gross of tax.
The ATM provider may charge additional withdrawal fees and exchange fees. Fineco will not charge any fees for transactions or withdrawals made in the currency of your card. With Fineco's EUR Visa Debit Card, your EUR purchases , both in shops and online, and withdrawals are debited directly on your EUR account, so you have no exchange rate commissions.A small number of ATM providers may charge a transaction fee but they should tell you about this onscreen before you commit to any transaction. No annual fees for the first card for each account holder; £9.95 annual fee for the second card;
No annual fees for the first card for each account holder; £9.95 annual fee for the second card; £2.95 card shipping cost. The ATM provider may charge additional withdrawal fees. Fineco will not charge any fees for transactions or withdrawals made in the currency of your card. With Fineco's EUR Visa Debit Card, your EUR purchases and withdrawals are debited directly on your EUR account, so you have no exchange rate commissions.
Stocks & Shares ISA Promo: Fineco ISA with Zero Platform Fees until 5 April 2023: initiative valid from 01/01/2022 to 29/09/2022 and subject to terms and conditions outlined in Details. Trading fees for the purchase and sale of Stocks, ETFs and Bonds will also be applied during the promotional campaign, in the amounts specified in the information sheets. There's no dealing charge for buying or selling funds. Please note that apart from Fineco platform fees, investing may incur other charges (e.g. by the fund manager). To read more about our account charges download our fact sheets and documentation.
0.25% max when promo ends.
Fineco ISA platform fee is annually maximum of 0.25% of the value of investments in the ISA account, with a £ 2.95/month cap for Shares, ETFs and Bonds. The amount paid annually is the sum of the amounts calculated monthly (for 12 months). The monthly fee is calculated based on the value of your portfolio in Funds on the last day of each month. Trading fees are charged for the purchase and sale of Stocks, ETFs and Bonds in the amounts specified in the fact sheets. For funds there are no dealing charges. Please note that apart from Fineco platform fees, investing may incur other charges (e.g. by the fund manager). To read about our account charges download our fact sheets and documentation.
When transferring to Fineco ISA, please note that we only accept GBP instruments, available in our platform, for direct ISA transfer. In case of instruments denominated in different currencies, please consider to transfer them in cash.
You can take your money out of an Individual Savings Account (ISA) at any time without losing any tax benefits. The ISA allowance for the current tax year is £20,000. Annual allowances are subject to revision and the government’s favourable treatment of ISAs may change. 'Tax-free' indicates that interest is exempt from UK income tax provided that all ISA conditions are met. The tax level and basis can change and the value of tax relief depends on your personal circumstances.
