Yes, Fineco Bank offers a Demo Account that mimics a live trading account and offers many features for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
Fineco Bank at a glance
| 🔍 Broker's Name | Fineco Bank |
| 🏛 Headquartered | Reggio Emilia, Italy |
| 📅 Year Founded | 1999 |
| 🏛 Regulating Authorities | Financial Conduct Authority (FCA), Commissione Nazionale per le Società e la Borsa (CONSOB) Prudential Regulation Authority |
| 🌐 Countries not accepted for trade | Australia, Canada, China, Germany, Hong Kong, India, Japan, Malaysia, Netherlands, Singapore, United Arab Emirates, United States |
| ☪️️ Islamic Account (Swap Free) | No |
| 📒 Demo Account | Yes |
| 📒 Institutional Accounts | Yes |
| 💻 Managed Accounts | Yes |
| 📊 Maximum Leverage | 1:100 |
| 💳 Minimum Deposit | No Minimum Deposit |
| 💳 Deposit Options | Fineco Pay, Apple Pay, Google Pay, Credit & Debit card, Fitbit Pay, Garman Pay, Maxi withdrawals, CORE Series, smart withdrawal, FAM Series Funds. |
| 💻Platform Types | PowerDesk |
| 📲 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📊 Tradable Assets | Forex, indices, commodities, shares, ETFs |
| 🌐 Languages supported on Website | English and Italian |
| ☎ Customer Service Hours | 24/5 |
Min Deposit
USD 0
Regulators
FCA, CONSOB
Trading Platform
PowerDesk
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Fineco Bank Demo Account below.
Fineco Bank Group Demo Account Types Revealed – A Key 8 Point Quick Overview
- ✅Fineco Bank at a glance
- ✅Fineco Bank Overview
- ✅How to set up a Fineco Bank Demo Account – Step by Step
- Fineco Bank Demo Account Features
- Fineco Bank Pros and Cons
- Fineco Bank Customer Reviews
- Conclusion
- Frequently Asked Questions
Here is an overview of the Fineco Bank Demo Account as well as the features that are offered.
Fineco Bank Overview
Fineco Bank is an Italian forex broker and bank that offers award-winning services to a variety of different traders and investment types. Fineco Bank is one of Europe’s largest banks, listed and part of Euro Stoxx 600 that is authorised by the Bank of Italy, and fully regulated by the Financial Conduct Authority FCA and PRA. A well-established industry player, Fineco Bank has over 20 years of experience in the brokerage market, with more than 30 million orders processed every year, over 1.3 million clients in Italy and £82.4 billion in total financial assets.
Enormous trade volume allows Fineco Bank to contain costs and apply low fees. Fineco Bank offers trading through a single account type that offers various features and access to a broad asset portfolio. As such, clients can trade shares, futures, indices, and Forex CFDs at varied and competitive pricing levels. Clients can trade on thousands of securities from the major world markets with transparent pricing and some of the lowest commissions and spreads in the UK.
Furthermore, traders can also explore options on the CBOE market, allows clients to trade the Volatility Index (VIX) and options on S&P, Dow Jones, Nasdaq and Russell Indices and US Stocks. Fineco Banks’ platforms are designed and built in-house and are currently handling 75.000 executed orders daily – this equates to over 27 million orders every year, as already noted.
Fineco Bank’s educational offerings on the website provides a rich variety of regularly updated news articles, as well as insightful pieces on the psychology of Forex trading and investment. Being a well-regulated Forex broker means that traders can enjoy excellent security of investments in the already volatile Forex market. Fineco Bank is strictly regulated by both the CONSOB of Italy and the Financial Conduct Authority (FCA) of the UK.
As per this regulation, your deposit is covered by a statutory Deposit Guarantee Scheme. In addition, your credit institution is part of an Institutional Protection Scheme in which all members mutually support each other to avoid insolvency. If insolvency should occur, your deposits would be repaid up to EUR 100 000 by the Deposit Guarantee Scheme.
How to set up a Fineco Bank Demo Account – Step by Step
Opening a demo account with Fineco Bank will consist of the following simple steps:
- Step 1 – Navigate to the Fineco Bank website and click “Book a demo”
Navigate to the demo registration area on the Fineco Bank website. This can be accessed by clicking on the Book a Demo button at the top of the landing page
- Step 2 – Fill out the Fineco Bank demo registration form
Fill out the short online registration form to request a free demo. You will need to provide your name, email address and contact number
- Step 3 – Select a Fineco Bank demo session.
Specify your area of interest when booking a demo session, whether it be trading, investment or both. Also specify your preferred trading instruments. You can choose from CFDs, stocks, funds, ETFs and more. Accept the terms of the demo coaching session and Submit your request
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, managing existing trade positions as well as more advanced functions such as testing or fine tuning a trading strategy. If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Fineco Bank Demo Account Features
The demo account from Fineco Bank is unique in that it consists of a free coaching session with the broker’s team. This will give users a quick overview of the key features of the account, as well as a live demonstration of the trading platform, asset classes and trading tools.
| 🌐 Fineco Bank Demo Account features: | Risk - Free |
| Educational Demo Sessions | |
| Live demonstration of trading |
You will also be able to ask any additional questions you might have about the Fineco Bank products and services.
Fineco Bank Pros and Cons
| ✔️ Pros | ❌ Cons |
| Demo account does not expire | |
| Personal coaching provided on demo account |
Fineco Bank Customer Reviews
Great support
Fineco Bank gives the best support service so I will trade easily . thank you Fineco Bank . I feel very fortunate to be part of the broker – Mary
i am very happy with Fineco Bank…
i am very happy with Fineco Bank service, it provides good return in PMS.. – Dan
No Sign up bonus or Affiliate program on website
I enjoy the perks of sign up bonuses offered by forex brokers, hopefully this can be considered for future offerings – Ed
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Min Deposit
USD 0
Regulators
FCA, CONSOB
Trading Platform
PowerDesk
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Fineco Bank is an excellent all-round broker for beginner and experienced traders, offering regulatory security, a wide variety of assets and instruments, advanced proprietary trading software, and excellent pricing
.
Frequently Asked Questions
Does Fineco Bank offer a demo account?
Yes, Fineco Bank does offers a free demo account to new traders.
How long is the Fineco Bank demo account valid?
The demo account from Fineco Bank does not expire.
Is Fineco Bank demo account rigged?
Fineco bank is a well regulated broker that offers demo coaching sessions.
Can you withdraw money from a Fineco Bank demo account?
Fineco Bank does not allow traders the option of withdrawing demo funds
Can traders from South Africa open a Fineco Bank demo account?
Fineco Bank allows traders from various countries to open a demo account, including South Africa.
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