Written by ForexBrokers.com
In this head to head comparison of Fineco vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Fineco and Alpari are online brokers that were established in 1999 and 1998, respectively. Fineco is publicly traded and also operates as a bank, while Alpari is neither publicly traded nor a bank. This distinction can impact their perceived stability and trustworthiness by investors. When considering regulatory credentials, Fineco holds two Tier-1 licenses, which ForexBrokers.com views as highly trusted. In contrast, Alpari does not hold any Tier-1 licenses, and this difference is reflected in their Trust Scores.
Fineco boasts a high Trust Score of 94 out of 99 according to ForexBrokers.com, placing it in the highly trusted category. Alpari, on the other hand, has a Trust Score of 68, ranking it as high risk. When choosing between these brokers, these details about their regulatory standing and Trust Scores are essential factors to consider for traders who prioritize security and trust in their online trading experience.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Year Founded | 1999 | 1998 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, both Fineco and Alpari provide limited transparency on live pricing. Fineco does not publish average spread data for forex or CFDs, making it hard to pin down true costs. It lists the EUR/USD at 1.0 pip (and also cites 0.8 pips), but neither figure is labeled as an average or tied to a date range. Fineco does appear to offer lower spreads on some index CFDs, which could be appealing for index traders.
Alpari likewise does not offer average spread data, so gauging day-to-day forex costs requires checking live quotes. That said, based on ForexBrokers.com’s Commissions and Fees category, Alpari earns 4 stars and ranks #42 out of 63 brokers, while Fineco earns 3.5 stars and ranks #52 out of 63.
Bottom line: both brokers lack published average spreads, but ratings suggest Alpari has a slight edge on overall pricing, whereas Fineco may be attractive for index CFD spreads. If costs are a priority, compare real-time spreads during your trading hours before deciding.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Minimum Deposit | $0 | $20 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco vs Alpari: both brokers support forex trading as CFDs or spot contracts, but their overall range differs a lot. Fineco lists about 9,770 tradeable symbols and 54 currency pairs, while Alpari offers 105 symbols and 46 pairs. Fineco also lets you buy exchange-traded stocks directly in the U.S. and on international markets, whereas Alpari provides access to international exchange-listed shares but not U.S. stocks.
Feature-wise, Alpari includes copy trading and offers cryptocurrency derivatives, while neither broker lets you buy actual crypto. For range of investments, Fineco earns 4.5/5 stars and is ranked 17th in the category, compared with Alpari’s 3/5 stars and 64th. If you want a very wide product lineup and direct stock investing, Fineco stands out; if you value copy trading and crypto derivatives alongside forex, Alpari is the fit.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 105 |
| Forex Pairs (Total) | 54 | 46 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | No | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Fineco and Alpari both deliver proprietary trading platforms with Windows desktop downloads and web-based access. The key differences come in extras: Alpari offers a free demo (paper trading) account, copy trading, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Fineco does not provide a demo account, copy trading, or MT4/MT5. Neither broker integrates DupliTrade or ZuluTrade.
For charting and interface tools, Alpari includes 15 drawing tools, the ability to trade directly from charts, and seven watchlist columns. Fineco lists seven drawing tools, no trade-from-chart feature, and no stated watchlist fields; indicator counts weren’t provided for either broker. Both receive 4 out of 5 stars for Trading Platforms and Tools, but ForexBrokers.com ranks Fineco #18 out of 63 brokers in this category versus Alpari at #56.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Drawing Tools (Total) | 7 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Fineco vs Alpari for mobile trading, both brokers offer iPhone and Android apps with price alerts and the ability to switch between multiple chart time frames. Where they differ is in charting depth and watchlists. Fineco’s mobile app includes 6 technical indicators and does not support drawing trendlines or real-time quotes in watchlists, and it doesn’t sync watchlists with the web platform. Alpari’s app offers 30 technical indicators, allows trendline drawing, and provides real-time quotes in watchlists, though it also lacks watchlist syncing. Neither app auto-saves chart drawings.
Both apps earn 4 out of 5 stars for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category (out of 63 brokers), Fineco ranks #43 while Alpari ranks #57. In short: choose Alpari if you want more technical studies, trendline tools, and real-time watchlist quotes; pick Fineco if you prefer a simpler setup and can do without those extras.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
Fineco vs Alpari: both brokers skip daily market commentary but deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each provides an economic calendar to track upcoming events. Neither offers Trading Central tools or a sentiment indicator showing long/short positioning. One key difference is Autochartist: Alpari includes Autochartist-powered technical analysis, while Fineco does not. Availability of TipRanks and Acuity Trading tools is not specified for either broker.
In overall research quality, Fineco scores higher, earning 4.0/5 stars and ranking #34 out of 63 brokers, while Alpari holds 3/5 stars and ranks #58. Choose Fineco if you prioritize a stronger overall research rating with premium news and an economic calendar; pick Alpari if Autochartist’s pattern recognition is a must-have for your trading workflow.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners provided by Fineco and Alpari, there are some notable differences. Fineco does not offer a wide variety of resources specifically focusing on forex or CFDs, while Alpari provides a selection of over ten educational pieces on these topics. However, beginners can benefit from Fineco's monthly online webinars, though there's no searchable archive for past sessions. Both brokers excel in offering more than ten beginner-friendly educational videos, but neither goes beyond in advanced education for more experienced traders. Additionally, both brokers include an investor dictionary with definitions for at least 50 investing terms.
In ratings, Fineco stands ahead with a 4.0-star education rating compared to Alpari's 3-star rating. Yet, when ranked among 63 brokers for education by ForexBrokers.com, Fineco is placed at #49 and Alpari slightly higher at #48. Overall, while Fineco offers a more interactive learning experience with educational webinars, Alpari stands out with a broader range of educational materials on forex and CFDs. Both platforms present valuable resources for beginners still charting their trading journey.
| Feature |
Fineco
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Fineco is better than Alpari. Fineco finished with an overall rank of #25, while Alpari finished with an overall rank of #58.
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
| Feature |
Fineco
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Alpari
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 68 |
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While both Fineco and Alpari do not offer the ability to buy actual delivered cryptocurrency, Alpari stands out by providing the option to trade cryptocurrency derivatives, unlike Fineco.
Fineco allows deposits and withdrawals via ACH, SEPA, and bank wires, but does not support PayPal, Skrill, or credit card transactions, while Alpari supports deposits and withdrawals through Skrill, Visa, Mastercard, and bank wires, but lacks ACH or SEPA transfer options and does not support PayPal.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Fineco | Alpari | |
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| Trust Score | 94 | 68 | |
| Winner | check_circle | ||
| Review | Fineco Review |
| Broker Screenshots | Fineco | Alpari | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Fineco | Alpari | |
|---|---|---|---|
| Trust Score | 94 | 68 | |
| Year Founded | 1999 | 1998 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Fineco | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Fineco | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Fineco | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 105 | |
| Forex Pairs (Total) | 54 | 46 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | No | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Fineco | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | Alpari | |
|---|---|---|---|
| Minimum Deposit | $0 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Fineco | Alpari | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Fineco | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Drawing Tools (Total) | 7 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Fineco | Alpari | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Fineco | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Fineco Review |
| Overall | Fineco | Alpari | |
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| Trust Score | 94 | 68 | |
| Winner | check_circle | ||
| Review | Fineco Review |
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