Broker comparison

FinecoBank vs.
OpenBank

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

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.

Italian multi-asset bank with low fees and broad offering

Digital bank of the Santander Group with investment features

At a glance

The key differences

Criterion
PlatformsFinecoBank Web, FinecoBank App, PowerDeskOpenBank Web, OpenBank App
Product typesStocks, ETFs, Bonds, Funds, Options, Futures, CFDs, ForexStocks, ETFs, Funds, Robo-Advisory
Options tradingYes, options on European marketsNo
Fee modelStocks from €2.95 (EU), US stocks from $3.95, no custody feesFunds with no buy/sell fees, roboadvisor from 0.49% p.a.
Minimum deposit0 €0 €
RegulationCONSOB/FCABdE/CNMV
More informationDetailsDetails

Platforms

FinecoBank

FinecoBank Web, FinecoBank App, PowerDesk

OpenBank

OpenBank Web, OpenBank App

Product types

FinecoBank

Stocks, ETFs, Bonds, Funds, Options, Futures, CFDs, Forex

OpenBank

Stocks, ETFs, Funds, Robo-Advisory

Options trading

FinecoBank

Yes, options on European markets

OpenBank

No

Fee model

FinecoBank

Stocks from €2.95 (EU), US stocks from $3.95, no custody fees

OpenBank

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Minimum deposit

FinecoBank

0 €

OpenBank

0 €

Regulation

FinecoBank

CONSOB/FCA

OpenBank

BdE/CNMV

More information

FinecoBank

Details

OpenBank

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Stocks from €2.95 (EU), US stocks from $3.95, no custody fees

Published fee
Stocks from €2.95 (EU), US stocks from $3.95, no custody fees
Minimum deposit
0 €
Spread figure
EUR/USD from 0.8 pip (CFD), stocks from €2.95 (DE), $3.95 (US), 26 markets available
See terms at provider

Funds with no buy/sell fees, roboadvisor from 0.49% p.a.

Published fee
Funds with no buy/sell fees, roboadvisor from 0.49% p.a.
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsBondsFundsOptionsFuturesCFDsForex
StocksETFsFundsRobo-Advisory

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

FinecoBank Web · FinecoBank App · PowerDesk

FinecoBank offers three trading platforms: the FinecoBank web platform for browser-based trading, the FinecoBank App for mobile access, and the professional PowerDesk platform. PowerDesk is the centerpiece of the offering, featuring real-time quotes, advanced charting functions, multi-monitor support, and fast order execution. It is particularly designed for active traders and multi-asset traders who want to manage stocks, derivatives, and Forex simultaneously.

Explore platform

OpenBank Web · OpenBank App

OpenBank offers the OpenBank Web platform and the OpenBank App. The platform combines banking and investment features in a modern, user-friendly interface. The robo-advisor enables automated investing based on individual risk profiles. The app provides the full range of features on mobile.

Explore platform

Regulation & security

CONSOB/FCA

Regulatory information

BdE/CNMV

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

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

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

Find the broker that fits

FinecoBank oder OpenBank?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between FinecoBank and OpenBank?
FinecoBank: Stocks from €2.95 (EU), US stocks from $3.95, no custody fees. OpenBank: Funds with no buy/sell fees, roboadvisor from 0.49% p.a.. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: FinecoBank or OpenBank?
FinecoBank offers Stocks, ETFs, Bonds, Funds, Options, Futures, CFDs, Forex. OpenBank offers Stocks, ETFs, Funds, Robo-Advisory.
How are FinecoBank and OpenBank regulated?
The broker profiles list CONSOB/FCA for FinecoBank and BdE/CNMV for OpenBank. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is FinecoBank or OpenBank better for beginners?
FinecoBank lists a 0 € minimum deposit and offers FinecoBank Web, FinecoBank App, PowerDesk. OpenBank lists 0 € and offers OpenBank Web, OpenBank App. Compare usability, available products and costs for your intended use.
FinecoBank vs OpenBank: Which broker is better overall?
The choice between FinecoBank (4.3/5, 1600 reviews) and OpenBank (3.7/5, 750 reviews) depends on your needs. FinecoBank: Italian multi-asset bank with low fees and broad offering. OpenBank: Digital bank of the Santander Group with investment features.

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