FinecoBank vs Moneyfarm - BrokerCue
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Broker Comparison

FinecoBank vs Moneyfarm

Compare FinecoBank and Moneyfarm side by side: fees, regulation, platforms.

FinecoBank

FinecoBank

Italian investors wanting bank and brokerage combined

FinecoBank is an Italian bank and multi-asset brokerage offering stocks, ETFs, bonds, CFDs, forex, futures, oโ€ฆ

VS
Moneyfarm

Moneyfarm

Hands-off long-term investors

Moneyfarm is a UK-regulated digital wealth manager offering managed ETF portfolios across ISA, SIPP, JISA andโ€ฆ

Head-to-head comparison

FinecoBank vs Moneyfarm
Feature FinecoBank Moneyfarm
Minimum deposit - -
Stock trading fee 0.19% of order value, minimum EUR 2.95 (Italy/Europe); USD 3.95-12.95 for US markets depending on account type -
Regulators Bank of Italy, CONSOB, ECB FCA, CONSOB
Best for Italian investors wanting bank and brokerage combined Hands-off long-term investors
Markets & account
Stocks
-
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
Options
-
Futures
-
Funds
Multi Currency
-
Investment Plans
Ready Made Portfolios
-
Isa
-
Sipp
-

Pros & cons

FinecoBank

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
Moneyfarm

Moneyfarm

Pros

  • FCA-regulated with FSCS protection up to ยฃ85,000
  • No deposit, withdrawal, or inactivity fees on managed accounts
  • Multiple account types: ISA, SIPP, JISA, GIA
  • Management fees taper to 0% above ยฃ1.5m
  • Automatically rebalanced ETF portfolios across seven risk levels
  • ESG and thematic portfolio options available
  • Investment consultant access across all account tiers
  • Flexible ISA - can withdraw and replace funds in the same tax year

Cons

  • No demo account
  • ยฃ500 minimum initial investment required
  • No individual stock picking in managed accounts
  • DIY investing trades cost ยฃ3.95 per share or ETF trade
  • No fractional shares
  • No in-specie transfers out
  • SIPP has a higher minimum monthly platform charge of ยฃ15
  • Platform only available in the UK (retail) and Italy
FinecoBank

FinecoBank

FinecoBank is an Italian bank and multi-asset brokerage offering stocks, ETFs, bonds, CFDs, forex, futures, options, crypto ETPs, and integrated banking in a single account.

Your capital is at risk. Other fees apply.

Moneyfarm

Moneyfarm

Moneyfarm is a UK-regulated digital wealth manager offering managed ETF portfolios across ISA, SIPP, JISA and GIA accounts, with tiered fees and a DIY investing option.

Your capital is at risk. Other fees apply.

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