The world of banks, especially the online ones, focuses insistently on the market online trading, a world towards which an increasing number of people are facing.
Through online trading (acronym TOL) the door of the trading of financial instruments has been opened to a huge audience of people who approach this world often attracted by the prospects of easy earnings. It must be said that the advantages in doing online trading there are and are particularly related to the Costs. In fact, precisely in the Tol Expo which was held in these days in Milan, there was no shortage of online banks who have revised downwards the commissions, with the explicit aim of attracting new enthusiasts.
This is the case with online banking Webank, the Popolare di Milano group, which revised the pricing levels especially for those who carry out an intense trading activity.
For example, Webank is focusing heavily on derivatives trading. Thus it has lowered the costs for those exceeding 500 euros. In fact, those who work in the C derivatives sector in the range between 0 and 500 euros will have to disburse commissions equal to 3,9 euros. These costs are reduced to just 1,9 euros for all those who exceed the threshold of 500 euros. The level of the commissions depends on the price volumes of the previous calendar month.
Webank also rewards, for example, those who want to bet sums higher than 2000 euros on the stock and bond markets. In fact, it should be emphasized that the commissions are decidedly different based on the volume of the investment. For example, those who invest 400 euros in ETFs will then have to pay out 12 euros in commissions, while if you bet 1400 euros, the cost of commissions drops to 6 euros.
Fineco and the online bank of the Unicredit group and on its website it pushes hard to involve its users in trying out the world of the TOL. Fineco, like Webank, also focuses heavily on the degressive plan, that is to say: the more you trade, the lower the commissions will be.
For example, for the stock and bond markets, for those who operate in the range from 0 to 100 euros the commission is really high: 19 euros. In this extreme case, therefore, it is “should” focus on Webank. But things change when you go above the 100 euro threshold since in the range from 100 to 1500 euros the costs drop to 9,95 euros. An advantage (compared to Webank) for those who want to invest amounts not exceeding 500 euros but a disadvantage, again in comparison with Webank if you intend to bet a sum ranging from 500 to 1500 euros. Those who operate between 1500 and 2500 euros pay 6,95 euros in commissions while those who invest over 2500 euros will have to pay 2,95 euros. But the novelty from Fineco that comes from Tol Expo is the new stock screener that allows you to identify the shares in which to invest by distinguishing them from thousands in all markets around the world.
Finally, there are also news at the di Banca Sella where the former general manager of IwBank arrived Gianluca Needi who will now be the new deputy general manager of Banca Sella.
