House file
Fineco Bank
On the desk for one reason: multi-entity structure. 3 register lines are on this file, spread across 2 legal entities in 2 jurisdictions, 3 of them with a top-tier regulator.
Filed by the desk · Reggio Emilia / Milan, Italy (registered office Piazza Durante 11, Milan) · established 1999 · sourcing confidence: high
On the wire
3 items · 2 noticesEvery figure below was read off a regulator register or the firm's own filing.
Notices and actions
- 01event
FinecoBank has been listed on Borsa Italiana (FTSE MIB constituent since 2016) since its 2014 IPO. Source: FinecoBank investor relations (finecobank.com) and Borsa Italiana listings.
Source: not recorded on this line.
- 02event
Fineco launched its Fineco Online brokerage service in 1999.
Source: not recorded on this line.
Register entries as filed
- 01register entry
FCA entry 735612 for FinecoBank Banca Fineco S.p.A.
Source: register.fca.org.uk
Entity by entity
3 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| Bank of Italy | Italy | FinecoBank Banca Fineco S.p.A. | not verified | T1 | images.finecobank.com |
| FCA | United Kingdom | FinecoBank Banca Fineco S.p.A. | 735612 | T1 | register.fca.org.uk |
| PRA | United Kingdom | FinecoBank S.p.A. (UK branch) | not verified | T1 | images.finecobank.com |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | not verified |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | not verified |
| Platforms | Fineco Web/App platform · PowerDesk |
| Account books | Banking account · Trading account · FX account |
What the record says
FinecoBank S.p.A. is an Italian bank enrolled in the Register of Banking Groups at No. 020081, part of the UniCredit group at incorporation and independent from UniCredit since 2019 (Wikipedia/company materials).
The bank's own UK application form states it is authorised and regulated by the Bank of Italy and Consob, deemed authorised by the UK PRA, and subject to FCA regulation with limited PRA regulation.
FinecoBank has been listed on Borsa Italiana (FTSE MIB constituent since 2016) since its 2014 IPO. Source: FinecoBank investor relations (finecobank.com) and Borsa Italiana listings.
The FCA register lists FinecoBank SPA under FRN 735612; a UK branch operates under Companies House establishment number BR021431.
Fineco launched its Fineco Online brokerage service in 1999.
Not verified
6 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- minDeposit not stated on crawled UK pages
- maxLeverage not verified on an own spec page
- spreadEurusd not verified
- segregatedFunds not verified (banking-client protections differ from broker segregation)
- negativeBalanceProtection not verified in crawled legal text
- Italian banking licence/ABI register number not verified on a primary register page
Other open files
The whole deskhead office n/v1 lines
ATFX
not examined entities in 1 jurisdiction · filed under multi-entity structure
head office n/v7 lines
Deriv
7 entities in 7 jurisdictions · filed under multi-entity structure
head office n/v4 lines
Eightcap
not examined entities in 4 jurisdictions · filed under multi-entity structure
head office n/v3 lines
HF Markets (SV) Ltd
not examined entities in 3 jurisdictions · filed under multi-entity structure
London, UK7 lines
IG Group
7 entities in 6 jurisdictions · filed under multi-entity structure
head office n/v3 lines
Pepperstone Markets Limited
not examined entities in 3 jurisdictions · filed under multi-entity structure
This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.