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Fineco Bank Sign Up Bonus Revealed ☑️ (Updated 2022)


Fineco Bank Sign Up Bonus
 

Fineco Bank Sign Up Bonus also known as a welcome bonus is not offered by Fineco Bank to professional clients who choose to register for a real account with the broker.

 

Choose your quick section of our Fineco Bank Sign Up Bonus below.

Fineco Bank Sign Up Bonus Revealed:

As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.

 

Sign-up Bonus

Fineco Bank does not offer a welcome bonus to new traders who choose to register for a real account with the broker.

Fineco Bank is extremely well-regulated and licensed to offer cross-border investment and trading services throughout the European Economic Area.

However, this same regulation restricts the broker from offering bonuses to traders. Fineco Bank is regulated in Europe by the banking regulatory authority CONSOB in Italy, and the FCA in the UK.

Recent European regulation has placed a ban on broker bonuses as part of improved or heightened client protection measures.

As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.

Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.

New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.

 

Referral Bonus

Referral bonuses allow existing traders of a given broker to earn greater rewards through referring a friend to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.

Fineco Bank does not offer a referral bonus or any other type of partnership programme at this stage.

 

Additional broker bonuses, promotions, and rewards

Fineco Bank does not offer any additional broker bonus programmes and contests for loyal customers. These include trading bonuses, deposit bonuses, and no deposit bonuses.

 

Pros and Cons

✔️ Pros ❌ Cons
Well-regulated broker No bonuses available

 

Conclusion

Fineco Bank is a well-regulated Italian broker and banking provider. The broker does not offer bonuses but does offer a feature-rich and competitive trading environment.

 

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You might also like: Fineco Bank Minimum Deposit

 

 

Frequently Asked Questions

 

 

Does Fineco Bank offer a sign-up bonus?

 

No. Fineco Bank does not offer a sign-up bonus to first-time traders

 

What type of bonuses does Fineco Bank offer?

 

This broker does not offer any broker bonuses, trading bonuses, deposit bonuses, or no deposit bonuses.

 

What is a bonus?

 

A bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.

Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.

 

Do all Forex brokers offer bonuses?

 

No, some Forex brokers choose not to feature bonuses as part of their offering, or else are restricted from offering bonuses by their regulators.

The most recent regulatory agencies to restrict the offering of bonuses include the Financial Conduct Authority (FCA), Cypress Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (CySEC).

 

Why do some agencies regulate against the offering of bonuses?

 

Regulatory agencies such as CySEC and the FCA restrict the offering of bonuses to protect investors from the risks of over trading.

 

How can a bonus benefit my trading?

 

Depending on the bonus and the conditions attached, it may boost funds available in your account for trading.





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