Fineco regulation & licences
Licences on record 1
2 Tier 2 — strong regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
Fineco is a trading bank founded in 1999 and headquartered in Italy. It is a publicly listed business (BIT:FBK), which means audited financial statements are published regularly — a meaningful transparency advantage. FinecoBank.
In our database Fineco is matched to 1 licence from CONSOB. Its strongest licence comes from the CONSOB, which we rate tier 2: credible supervision, but with fewer safeguards than the very strictest regulators.
Depending on the entity, eligible clients may be covered by Fondo Nazionale di Garanzia (CONSOB). Negative balance protection is mandatory for retail clients under CONSOB rules. Retail leverage caps apply at the CONSOB-regulated entities (for example 30:1 on major FX pairs at CONSOB).
Fineco offers its own proprietary platform.
Regulatory strengths
- Holds tier-2 licence (CONSOB)
- Publicly listed group (BIT:FBK) with audited accounts
- Operating for about 27 years
- Compensation scheme available at CONSOB entity
- Negative balance protection required at some entities
Points to check
- No specific concerns from our licence data
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Fineco regulation FAQ
Is Fineco regulated?
Yes — in our database Fineco is matched to 1 licence: CONSOB (Italy). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is Fineco a tier-1 regulated broker?
No. None of the licences we have matched to Fineco is from a tier-1 regulator. Its strongest licence is tier 2.
Does Fineco accept US clients?
Fineco is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Fineco generally cannot accept US retail forex clients.
Is my money protected with Fineco?
Clients of Fineco's CONSOB-regulated entity may be eligible for statutory compensation (Fondo Nazionale di Garanzia — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
How can I verify Fineco's licence?
Find the company name and licence number in Fineco's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.