FinecoBank
Pros
- Stocks and ETFs from 0.19% with EUR 2.95 minimum
- 800+ ETFs available with zero commission
- No inactivity, deposit, domestic withdrawal or custody fees
- Access to 26 global markets and 20,000+ instruments
- Integrated banking with multi-currency account
- Bank-grade security with ECB direct supervision
- Investor compensation up to EUR 20,000 and deposit guarantee up to EUR 100,000
- Tax administration handled in administered regime for Italian clients
Cons
- No demo account available
- No fractional shares
- Forex and CFD overnight fees are comparatively high
- No MetaTrader 4 or MetaTrader 5 support
- Primarily serves Italian market; UK operations wound down in 2024
- Account monthly fee applies after 12 months (though waivable)
- Crypto limited to CFDs and ETPs, not direct ownership