FinecoBank
CONSOB/FCA
OpenBank
BdE/CNMV
FinecoBank vs OpenBank
Head-to-Head Comparison 2026
Our Verdict
FinecoBank has a higher rating of 4.3/5 compared to OpenBank (3.7/5). FinecoBank offers 8 instrument types, while OpenBank offers 4. FinecoBank offers options trading, while the other does not. OpenBank has been in the market since 1995, making it the more experienced provider.
Comparison Table
| Criteria | FinecoBank | OpenBank |
|---|---|---|
| Rating | 4.3/5 (1600 reviews)✓ | 3.7/5 (750 reviews) |
| Regulation | CONSOB/FCA | BdE/CNMV |
| Fees | Stocks from €2.95 (EU), US stocks from $3.95, no custody fees | Funds with no buy/sell fees, roboadvisor from 0.49% p.a. |
| Min. Deposit | 0 € | 0 € |
| Instruments | Stocks, ETFs, Bonds, Funds, Options, Futures, CFDs, Forex | Stocks, ETFs, Funds, Robo-Advisory |
| Platforms | FinecoBank Web, FinecoBank App, PowerDesk | OpenBank Web, OpenBank App |
| Options Trading | Yes, options on European markets | No |
| Founded | 1999 | 1995 |
| Headquarters | Mailand | Madrid |
Detailed Comparison
Fee Comparison
FinecoBank: Stocks from €2.95 (EU), US stocks from $3.95, no custody fees. Minimum deposit: 0 €.
OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Minimum deposit: 0 €.
Product Range
FinecoBank (8 categories)
OpenBank (4 categories)
Trading Platforms
FinecoBank
- FinecoBank Web
- FinecoBank App
- PowerDesk
OpenBank
- OpenBank Web
- OpenBank App
Regulation & Security
FinecoBank is regulated by CONSOB/FCA (HQ: Mailand).
OpenBank is regulated by BdE/CNMV (HQ: Madrid).
Who Is It For?
FinecoBank
Italian multi-asset bank with low fees and broad offering
✓ No custody fees and low order costs
✓ Broad product range from stocks to derivatives
✓ Professional PowerDesk trading platform
✗ Account opening can be time-consuming
✗ Customer service partly in Italian
OpenBank
Digital bank of the Santander Group with investment features
✓ Part of the Santander Group – high security
✓ No buy/sell fees on funds
✓ Roboadvisor feature for passive investors
✗ Limited stock selection
✗ Primarily focused on Spanish customers
Frequently Asked Questions
Is FinecoBank or OpenBank cheaper?
Which broker offers more products: FinecoBank or OpenBank?
Which broker is better regulated?
Is FinecoBank or OpenBank better for beginners?
FinecoBank vs OpenBank: Which broker is better overall?
FinecoBank
Italian multi-asset bank with low fees and broad offering
Open Account →From 0 € min. deposit
OpenBank
Digital bank of the Santander Group with investment features
Open Account →From 0 € min. deposit