Advertising message for promotional purposes. To view all the terms and conditions for the advertised services, please refer to the information sheet and required under current regulations. All services require the client to open a Fineco current account.
* Market leader since 2004.Source: ASSOSIM - "Periodic annual reports from 2004 to the present day on the trading data of Assosim members regarding markets managed by Borsa Italiana S.p.A., markets managed by Euro TLX SIM SpA" - Third-party account operations data.
** More than 460,000 traders have already chosen the innovation, security and reliability of Fineco: numbers of clients who have traded with Fineco.
Market share of 24%: volume of orders Equity. Source: Report Assosim - First Semester of 2018.
Europe's most popular direct banking platform: Fineco is the leading European broker by number of orders executed in 2016. Source: 2016 financial statements of the main European brokers (Comdirect, ConsorsBank).
Gli strumenti finanziari derivati sono strumenti complessi e presentano un significativo rischio di perdere denaro rapidamente a causa dell’effetto leva. Le perdite possono anche eccedere il capitale investito.
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. 66.07% 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.Before trading in CFDs, please read carefully the Key Information Documents (KIDs) available on the website: finecobank.com.Leverages offered are differentiated according to the type of underlying and customer classification: up to 28.57 times for retail customers and up to 100 times for professional customers.For the economic conditions, features, nature and risks of the products, reference must be made to the contract supplements (delete links to contract supplements) concerning the services for receiving and transmitting orders and for executing orders on behalf of customers also by negotiating derivative financial instruments, as well as to the relevant Product Sheets and Operating Rules, available on the website finecobank.com
Daily Options: derivative financial instruments – with underlying CFDs on indices, commodity futures or currency exchange issued by the Bank – tradeable directly with FinecoBank. A Daily Option call or put assigns the buyer the right but not the obligation to buy (call) or sell (put) a certain amount of the underlying at a fixed price ("strike") at the end of the day on which it was bought. In order to acquire this right, the buyer pays a sum ("premium"). If the Customer does not conclude the sale on his or her own initiative on the same day of purchase, for each Daily Option "In the money" held at the end of the day the right will be automatically executed. If at the end of the day the option is "Out of the money" or "At the money" the position will be closed automatically.
The purchase price of the Option is determined by the Bank by applying a pre-established Spread.
Daily Options are complex instruments and involve a high degree of risk due to the leverage effect. Customer losses cannot exceed the premiums paid.
Before trading Daily Options, carefully read the documents containing the key information (KIDs) that will be made available on the Finecobank.com/uk website.
For the economic conditions, characteristics, nature and risks of the product, refer to the contractual supplement concerning the services of receiving and transmitting orders, executing orders on behalf of customers also through the negotiation of derivative financial instruments (hereinafter referred to as "Contractual Supplement"), to the relevant Product Sheets and Operating Rules available on the Finecobank.com website. Trading in Daily Options is reserved for Fineco customers who are qualified to operate in derivatives by completing a specific questionnaire and signing the Contractual Supplement. All products and services offered are dedicated to Fineco account holders.
Knock Out options: contratto derivato con sottostante CFD su indici, su future su materie prime o su un cambio tra valute emessi dalla Banca, che assegna all’acquirente il diritto, ma non l’obbligo, di acquistare (call) o vendere (put) una determinata quantità di una attività finanziaria o reale (di seguito “Sottostante”) ad un prezzo prefissato (“barriera”) in un momento futuro prestabilito. La facoltà di vendita cessa di esistere quando il prezzo del sottostante tocca la barriera predeterminata. Prima di negoziare le Knock Out options leggere attentamente i documenti contenenti le informazioni chiave (KIDs), disponibili sul sito finecobank.com. Per le condizioni economiche, le caratteristiche, la natura e i rischi del prodotto occorre fare riferimento all’integrazione contrattuale avente ad oggetto i servizi di ricezione e trasmissione di ordini, esecuzione ordini per conto dei clienti anche mediante negoziazione per contro proprio di strumenti finanziari derivati (di seguito “Integrazione Contrattuale”), alle pertinenti Schede prodotto e Norme operative, disponibili sul sito finecobank.com. L’operatività in Knock Out options è riservata ai clienti Fineco abilitati ad operare in derivati tramite la compilazione di apposito questionario nonché la sottoscrizione dell’Integrazione Contrattuale.
Futures: strumenti finanziari derivati il cui valore è direttamente collegato a quello dell'attività sottostante e ne segue quindi l'andamento. Gli strumenti finanziari derivati sono caratterizzati dall’effetto leva: questo significa che un movimento dei prezzi di mercato del sottostante relativamente piccolo avrà un impatto proporzionalmente più elevato sul margine che, nel caso di movimento sfavorevole rispetto al segno della posizione del cliente (aumento del prezzo del sottostante per le posizioni corte, diminuzione per le posizioni lunghe) potrà andare pressoché interamente perduto.
L'impostazione degli ordini automatici1 non ne garantisce l'esecuzione al prezzo prefissato, in quanto il raggiungimento di tale prezzo è condizione per l'immissione dell'ordine e non per l'esecuzione dello stesso. Tra l'immissione dell'ordine e la sua esecuzione il prezzo può variare, soprattutto in presenza di particolari condizioni come, ad esempio, nel caso di titoli sottili o con forte volatilità.
Super Leva Futures: si tratta di una modalità di trading che consente di operare su alcuni strumenti Futures con margine ridotto fisso all’1% (leva 100). Rispetto alla negoziazione standard dei Futures, tale modalità consente: esclusivamente (i) l’apertura di posizioni intraday; (ii) l’inserimento di ordini con parametro prezzo «mercato».
1Operando in modalità Super Leva non è possibile impostare ordini automatici (Stop Loss, Take Profit e Trailing Stop).
Le operazioni in strumenti finanziari derivati comportano quindi un elevato grado di rischio, e qualora l'andamento del mercato evidenzi repentine forti variazioni negative, la perdita realizzata può anche eccedere il capitale investito.
Margin Trading ("Intraday", "Super Intraday" or "Super Leva" and "Multiday") is a trading method that presumes advanced knowledge of markets and financial instruments. Even though the a margining transaction structure foresees use of automatic stop loss orders that activate before the margin is zeroed, if the market trend shows strong, sudden negative changes in the stock price (reductions with Long Positions, increases with Short Positions), the loss could also exceed the capital initially invested (margin). So we are talking about highly speculative transaction, with a high risk level. All products and services offered are for Fineco account holders.
Multicurrency: is the integrated service in the account in order to diversify liquidity and investments and operate in other global currencies. The activation of the service is free. Instead, a spread is applied to the individual exchange rate, as indicated in the information sheets.
Renminbi that customers hold, trade or use for payments outside of mainland China are considered offshore Renminbi (CNH). ISO code CNY must be used in customers’ payment orders, transaction statements and account information. Please note that “CNH” is not registered as a code with the International Organization for Standardization (ISO). Therefore, it’s not used in payment services or for account information.
Check the fact sheets to see spreads applied to the exchange rate (Currency Exchange)
A Professional Client is defined as a Client who possesses the experience, knowledge and competence necessary to make informed decisions about investments and to correctly assess the risks they assume (see Consob Regulation, Annex 3). Art. 37 ("Contracts"), paragraph 3, Art. 38 ("Contracts relating to portfolio management"), Art. 42 ("Appropriateness"), paragraph 4 which refers to Art. 56, paragraph 1 of Del. Reg. 565/2017, Art. 44 ("Combined sales practices"), paragraph 2, Art. 47 ("Obligation to execute orders at the most favourable conditions for the Client"), paragraph 3 and Art. 60 ("Statements to Clients"), paragraph 2, of the Consob Regulation on Intermediaries (adopted with Resolution no. 20307/2018) do not apply to professional Clients. It is possible to request an upgrade to 3 different types of Professional Client: 1) Professional Client for derivative and leveraged instruments, 2) Professional Client for asset management instruments, 3) Professional Client in general. A Fineco Professional Client, aware of the lower level of protection provided, can operate with this qualification only on accounts with a single holder and on joint accounts, only if the other joint holders have a similar classification. It is possible to operate offline on managed assets even if the joint account holders do not have the same qualification only if the user is qualified as a Professional Client on asset management instruments or on a general basis.
