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.
1 CFD are excluded from the offer of 100 commission-free trades.
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. 66.42% 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 CFDs, please read carefully the Key Information Documents (KIDs) available on the website finecobank.com/uk.
2 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.
4 You only pay the spread.
5 Amount of trading commissions accrued in a month: Up to £499: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £6.95; Europe shares and ETFs (EquiductGermany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €6.95; USA shares and and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $6.95. Over £500: UK shares and ETFs, Bonds (MOT/EuroMOT - EuroTLX e HI-MTF, Euronext), Fixed fee: £3.95; Europe shares and ETFs (Equiduct Germany, Xetra, Equiduct France, Netherlands, Portugal, Euronext, Italy) Fixed fee: €3.95; USA and ETFs (Nyse, Amex, Nasdaq) Fixed fee: $3.95. The fees applied on the bond markets are expressed in GBP but charged on the Multicurrency Sub-Account of the settlement currency. For transactions executed on specific markets, you may incur additional taxes or fixed fees related to the single market. See the fact sheets for further details.
3 No. 1 Bank in Europe for online trading (for Executed orders) / The most used platform in Europe – Source: Main European brokers balance sheets 2016 (Comdirect, ConsorsBank).
* Best Digital Bank in Italy – Source: Global Finance Award, financial magazine – 2016.
* World Finance 100 Award – Source: The international magazine World Finance 100 positioned Fineco amongst the top 100 corporations of 2015, from a selection of 17 banks at a global level.
* The most recommended bank – Source: The Boston consulting Group "What really shapes the Customer Experience" Research 2015
* One of the most solid bank on the market - Source: 22.9% CET1 transitional, FinecoBank Financial results as of December 31, 2016
* 96% satisfied clients. Source: Kantar TNS research – December 2018
Annual report 2016 – CET1:
- FinecoBank: 22.9%
- Barclays plc: 12.4%
- Lloyds Banking Group plc: 13.8%
- HSBC holding: 13.6%
- Standard Chartered Bank: 13.6%
Google Pay™ is compatible with all Android smartphones, starting with version 5.0 (Lollipop) or later. To pay in stores, the smartphone must be equipped with NFC technology. You can also use Google Pay on smartwatches with Google Wear compatible OS. Your card information is not stored on the device or transmitted during payment. It is important to know that by activating Google Pay, as per the Google policy, you consent to making the data on transactions made with your payment card through Google Pay available to Google itself. For the conditions and purposes of data use please consult the Google Payments and and the Terms and Conditions of the service provided by FinecoBank upon activation of the service. Google Pay can only be used on Fineco Cards in the name of current account holders, excluding cards in the name of third parties and V PAY cards. To use Google Pay you need an Android device with NFC technology. For further information, please consult Google Support
Fitbit Pay. All products and services offered are dedicated to Fineco account.
*Available on Fitbit Versa 2, Versa Special Edition, Ionic and Fitbit Charge 3 Special Edition. Fitbit Pay can only be used with authorised merchants. You can find the updated list of devices that support the service on the Fitbit website: fitbit.com/uk/fitbit-pay.
Garmin Pay. All products and services offered are dedicated to Fineco account.
* For the list of on Garmin wrist-worn devices indicated please visit buy.garmin.com.
Check availability of transit systems on page Garmin.com.
"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 www.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".