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Fineco Bank Stocks & Shares ISA *

By:  Alex Busson | Updated: 26th August 2021.

Great for: both technical traders and those who are investing smaller amounts

5 stars question mark

Fineco Bank Stocks & Shares ISA *

Fineco Bank Logo
Apply Now!

On Fineco's Secure Website

Fineco’s Stocks & Shares ISA is one of the cheaper brokerages we’ve reviewed. And still, its research tools seem far superior to many of its low-cost peers! There’s also 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021 (with a maximum 0.25% platform fee when the promotion ends).

Risk Warning

Investments involve various risks, and you may get back less than you put in. Tax benefits depend on individual circumstances and tax rules, which could change.

More details [+]

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex.

WHAT YOU NEED TO KNOW

  • No minimum deposit needed to launch your account.
  • Regular platform fee is 0.25% of your account balance per year, but capped at £2.95 per month†.
  • 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021.
  • You need a Fineco bank account to make quick cash deposits.
  • Research tools geared towards technical traders using price chart analysis.

* This is an offer from one of our affiliate partners. Click here to learn about how and why we work with partners.

what we like

  • Simple, extremely competitive platform fee 
  • No hidden charges
  • Platform demo available with a personal trading coach
  • Platform Fee

    £2.95†

  • Share Dealing Charge

    £2.95

Risk Warning

Investments involve various risks, and you may get back less than you put in. Tax benefits depend on individual circumstances and tax rules, which could change.

- More details

WHAT YOU NEED TO KNOW

  • No minimum deposit needed to launch your account.
  • Regular platform fee is 0.25% of your account balance per year, but capped at £2.95 per month†.
  • 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021.
  • You need a Fineco bank account to make quick cash deposits.
  • Research tools geared towards technical traders using price chart analysis.

* This is an offer from one of our affiliate partners. Click here to learn about how and why we work with partners.

Our bottom line

Fineco gives you an impressive range of trading tools at an affordable price.

Opening a platform is easy, with very few obstacles. You don’t even need a minimum amount to get started.

This strikes the perfect balance for traders of all abilities.

Top feature of Fineco’s Stocks & Shares ISA

Fineco is one of the cheaper brokerages we’ve reviewed. However, its research tools are far superior to many of its low-cost peers. Add up all of the ways you might use this account – I think you’d be hard-pressed to find better savings elsewhere.

I don’t mention this purely for financial reasons, either. It also makes the platform more enjoyable to use. Whenever fees are innumerable and complicated, investing becomes an unpleasant chore. Not so with Fineco.

Fineco’s commission prices

Fineco’s ISA has no dealing charges on funds.

Meanwhile, UK share trades cost only £2.95 each. This is considerably less than most other brokerages. Elsewhere, it’s not unusual to pay £10 per trade.

If you’re trading regularly, this has obvious benefits. Buy and sell just 5 shares with Fineco, and you might save around £70 in commissions.

Bonds have low transaction costs – just £6.95 each.

Long-term investors also avoid dividend reinvestment fees on ETFs and funds.

As you may know, a Dividend Reinvestment Plan (DRIP) lets you roll dividends into new shares. Historically, it has been one of the most effective ways to snowball your wealth over time.

But these transactions are regular, and often have added fees. Avoiding DRIP fees with Fineco could save you a small fortune over your lifetime.

Fees you should know about

Fineco’s platform costs 0.25% of your account balance per year. This is calculated and charged monthly.

However, on your shares, ETF and bond holdings, the fee is capped at just £2.95 per month.

Buying shares, ETFs and funds with a Fineco account

Fineco’s “Powerboard” makes it faster and easier to place trades.

It opens in a small, separate window whenever you’re ready to buy.

This mini platform can be customized with whichever tools you need. These include news streams and monitors, which track the stock’s previous trades as they happen.

You can also place orders instantly from a stock’s price chart.

Set a horizontal line at your desired price level. Right click, and enter the quantity you wish to buy. If the stock reaches your target price, the trade executes automatically.

It’s easy to adjust. Drag and drop the line to any new target whenever you wish. Or delete it with a single click.

Fineco’s platform

Fineco’s platform is available on desktop and mobile.

It’s all fully customisable. Set your dashboard to show only the tools you need. This is terrific if you’re a beginner. You can make your dashboard clean and simple, adding new tools as your skills improve.

Fineco is clearly geared towards the technical trader. (Those using chart patterns and indicators to judge where an asset is heading next.) For this reason, beginners may need some time getting used to the flashing bars and gizmos.

However, don’t let this scare you off. In fact, you have the option to schedule a live demo with a personal trading coach. And you can do this before you even open your account.

Fineco’s research offerings

For technical traders, Fineco has all of the usual chart tools you’d expect. These include bar and candlestick charts, with over 90 technical indicators.

Meanwhile, 6000+ daily reports stream in from top sources like Reuters and MF Dow Jones.

Data is free to export onto your desktop. And you can save your technical analysis studies on the dashboard to quickly recall later.

Things to watch out for

Opening your Fineco Stocks & Shares ISA is quick and easy. And you don’t need a minimum balance to begin.

However, depending on where your savings are now, you may find it difficult to fund your account. Cash transfers must be placed from a standard Fineco bank account. Realistically, if you want to add regular savings to your Fineco ISA, you’ll need a current account with them as well.

Alternatively, you can transfer an existing ISA from elsewhere, but this is typically a slower process.

Service and support

Customer support can be reached by phone, email or live chat. Better still, they don’t hide the phone number, or make you run a gauntlet of troubleshoot questions.

On the contrary, when you land on Fineco’s contact page, you’re greeted with one big, bold phone number. “Call us,” it says. “We won’t keep you waiting.”

On Trustpilot, Fineco Bank UK scores 4.3 out of 5 stars. As I write this, 89% have rated it ‘Excellent’ or ‘Great.’

Is a Fineco Stocks & Shares ISA a good choice for you?

If you’re a technical trader – beginner, intermediate, or expert – Fineco is probably a good option for you to consider.

Investors drip-feeding their savings into stock markets especially will appreciate the low, transparent fees. And the trading tools are genuinely impressive. Many brokerages in this price range don’t offer nearly as much.

Really, however, it’s for people who are interested in trading and investing. Particularly with price chart analysis. If you’re not bothered, but just want to hold ordinary shares, you may find the platform unnecessarily complicated.


The Motley Fool receives compensation from some advertisers who provide products and services that may be covered by our editorial team. It’s one way we make money. But know that our editorial integrity and transparency matters most and our ratings aren’t influenced by compensation. Also, while we aim to feature some of the best products available, we do not review every product on the market. Learn more here. Any opinions or statements in this article belong to the author, and may be shared by The Motley Fool, however they were not provided or endorsed by our affiliate partners, unless expressly indicated.

Great for: both technical traders and those who are investing smaller amounts

5 stars question mark

Fineco Bank Stocks & Shares ISA *

Fineco Bank Logo
Apply Now!

On Fineco's Secure Website

Fineco’s Stocks & Shares ISA is one of the cheaper brokerages we’ve reviewed. And still, its research tools seem far superior to many of its low-cost peers! There’s also 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021 (with a maximum 0.25% platform fee when the promotion ends).

Risk Warning

Investments involve various risks, and you may get back less than you put in. Tax benefits depend on individual circumstances and tax rules, which could change.

More details [+]

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex.

WHAT YOU NEED TO KNOW

  • No minimum deposit needed to launch your account.
  • Regular platform fee is 0.25% of your account balance per year, but capped at £2.95 per month†.
  • 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021.
  • You need a Fineco bank account to make quick cash deposits.
  • Research tools geared towards technical traders using price chart analysis.

* This is an offer from one of our affiliate partners. Click here to learn about how and why we work with partners.

what we like

  • Simple, extremely competitive platform fee 
  • No hidden charges
  • Platform demo available with a personal trading coach
  • Platform Fee

    £2.95†

  • Share Dealing Charge

    £2.95

Risk Warning

Investments involve various risks, and you may get back less than you put in. Tax benefits depend on individual circumstances and tax rules, which could change.

- More details

WHAT YOU NEED TO KNOW

  • No minimum deposit needed to launch your account.
  • Regular platform fee is 0.25% of your account balance per year, but capped at £2.95 per month†.
  • 0% platform fee until the end of the 2021/22 tax year if you open your ISA by 30 June 2021.
  • You need a Fineco bank account to make quick cash deposits.
  • Research tools geared towards technical traders using price chart analysis.

* This is an offer from one of our affiliate partners. Click here to learn about how and why we work with partners.