FinecoBank UK Reviews 

493
TrustScore 2.5 out of 5

2.7

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Rated 5 out of 5 stars

Review for individual staff. Excellent customer service from Sheila, who went the extra mile to finish setting up a demo webinar for me - even though this help was (I sensed) not strictly her obligati... See more

Rated 5 out of 5 stars

My application got a little stuck, so I sent a support email request. This didn't get answered all that quickly but my follow-up call got answered almost immediately, I was quickly put through to t... See more

Rated 1 out of 5 stars

The bank is useless for day to day banking e.g., making a simple sterling transfer from Fineco sterling account to another sterling account in the UK takes at least two days and vis-a-vis, but it... See more

Company replied

Rated 1 out of 5 stars

Typical unreasonable bank charges. Moving my ISA to another provider all went through in March. In April I was charged holding funds in the bank even though they had already confirmed to me the fund... See more

Company details

  1. Bank
  2. Finance Broker
  3. Financial Institution
  4. Investment Service

About FinecoBank UK

Written by the company

FinecoBank is one of the leading FinTech banks in Europe, listed and part of Euro Stoxx 600.

With more than 40 million orders processed per year (based on 2020 data), Fineco’s offering moves from the simplest of the missions: to offer a premium trading, without a premium price.

To achieve this, we have developed a professional platform that’s powerful, fast, customisable and reachable from any device, anytime. You can have access to 26 global markets and 20,000+ financial instruments and professional tools. All of this, at one of the most convenient pricings on the UK market.

There’s more. Without any hidden costs: no custody or deposit fees, no minimum deposit needed, no inactivity charges.

You can trust the solidity of one of the most reliable banks in Europe (with a 28.56% CET1)*, who provides a one-stop-solution that allows you to control also on your investment services, ISA accounts and banking products.

This is why more than 1.3million clients have already decided to join Fineco’s world.

Fineco. Premium trading, without premium price.

DISCOVER MORE


* Fineco is the top-ranked Italian bank on the FTSE Mib in terms of capital

Contact info

2.7

Poor

TrustScore 2.5 out of 5

493 reviews

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2.7

All reviews

(493)

1 review in the last 12 months

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Rated 2 out of 5 stars

Fineco is only for people born in UK

I was hoping to open a bank account or trading account with Fineco today. If you are not born in the UK even if you have been a UK citizen for over 50 years you are still identified by the country you are born in. I gave it 2 stars as the person on the phone was nice.
Need to change this if you have been a UK citizen for over 50 years but were born in the US you cannot join fineco

January 29, 2022
Unprompted review
FinecoBank UK logo

Reply from FinecoBank UK

Hi Paul Smith,
we are sorry to read about your negative experience. We would like to clarify that to open an account with Fineco you need to be a UK resident, you do not need to be born in the UK. Another requirement for opening an account is not to be a US person. Therefore, the only mandatory requirement is the tax residence and registered UK and not be US person. If you are a UK resident we will be happy to provide you with the support you need to open a current account, please call us on 0800 640 6465 from the UK or +44 (0)20 7065 7555 from abroad, Monday to Friday from 08:00 to 09 pm.
Thank you
Fineco team

Rated 1 out of 5 stars

Very bad experience to open an account.. unhelpful support

Very bad experience to open an account with Fineco Bank. Their systems do not work properly and they have the worse image recognition system I have seen in my life to validate my passport. After all the time and hassle to complete my account (which will make them money) they sent me an automated email saying my name has a mismatch. I have to start another application from scratch! Funny enough, another requirement in the email was to send them my signature via email. Two conflicting requests.. One says start again from scratch and another says sends us something via email.. I looked at all the documents downloaded from my application and I found that my name on the passport and everywhere on all documents is the same. So I contacted their useless support team to explain and advise. They copied pasted the automated email and sent me that as a reply instead of trying to resolve the issue. What kind of customer support team copy pasties the same answer from an automated email to their clients? Horrible experience, will be going to their competitor.

January 27, 2022
Unprompted review
FinecoBank UK logo

Reply from FinecoBank UK

Hi,
we are sorry for your negative experience
We have sent you a contact request to resolve the issue as soon as possible.
Please reply to the email sent by Trustpilot so we can contact you.
Thank you
Fineco Team

Rated 4 out of 5 stars

A/C opening is long winded, and takes a day or two.

Opened an account with a view to opening an ISA. The process is more lengthy, and long winded, than say with a UK provider such as HL. Also, with the time to actually open the account, then another 24 hours at least for the ISA to be approved, it's a delay I was not expecting, so a clearer procedural process would be useful.
The share delaing costs are exceptionally low, so this probably makes up for everything. Telephone support was good when i phoned.

January 25, 2022
Unprompted review
Rated 4 out of 5 stars

5 starts for customer support, 3 for IT platform

5 starts for customer support, 3 stars for IT systems: backend is from the 80ies, with 8-chars only passwords (very insecure) and 1 day lead time to see updates in the system. Frontend is good, but in many pages it's still a mix of English + Italian - this is not good enough for an international audience.

January 22, 2022
Rated 3 out of 5 stars

Consultants are not so very nice over…

Consultants are not so very nice over the phone

January 20, 2022
Unprompted review
FinecoBank UK logo

Reply from FinecoBank UK

Hi,
we are sorry for your negative experience
We have sent you a contact request.
Please reply to the email sent by Trustpilot so we can contact you.
Thank you
Fineco Team

Rated 3 out of 5 stars

not the smoothest process to open an…

not the smoothest process to open an account comparing to other brokers but now looking forward to some trading

January 20, 2022
FinecoBank UK logo

Reply from FinecoBank UK

Hi V Maffei,
thank you for sharing your experience.
Fineco is a regulated bank so unlike other brokers our account opening process can be longer.
We are always working to improve our services and implement new features to make sure customers enjoy the experience on our website and we listen to your feedback.
Thank you again and please consider us at your disposal.
Fineco Team

Rated 4 out of 5 stars

Good, BUT:

The process of joining was horrible.
However, I thought it was a good trading platform.
Be aware, if you create an ISA account you can only invest in stocks with GBP as the underlying currency. This was too restrictive for me so I terminated my account. Phone support was great.

January 6, 2022
Unprompted review
Rated 1 out of 5 stars

they might be cheap,but you get what…

they might be cheap,but you get what you pay for, you wait far to long for divi to be paid still waiting for bp divi that is 3 weeks and still nothing,also they don't answer queries or complaints, i could go on

January 4, 2022
Unprompted review
FinecoBank UK logo

Reply from FinecoBank UK

Hi,
we are sorry for your negative experience
We have sent you a contact request to resolve the issue as soon as possible.
Please reply to the email sent by Trustpilot so we can contact you.
Thank you
Fineco Team

Rated 5 out of 5 stars

exceptional customer service

Truly exceptional customer service and a fantastic platform. I would recommend Fineco to anyone interested in an investment account and or foreign exchange.

January 4, 2022
Unprompted review

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