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AvaTrade vs FinecoBank 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of AvaTrade vs FinecoBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

AvaTrade
4.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 94
  • Tradeable Symbols (Total): 1260
FinecoBank
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 9770

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.

Regulation

Founded in 2006, AvaTrade is a private online broker that has gained significant trust within the trading community. Despite not being publicly traded, AvaTrade holds a commendable ForexBrokers.com Trust Score of 94 out of 99, placing it in the highly trusted category. With four Tier-1 licenses and three Tier-2 licenses, AvaTrade demonstrates a strong commitment to regulatory compliance, providing traders with a sense of security and dependability.

FinecoBank, established in 1999, differentiates itself as a publicly traded bank and online broker, also achieving a notable Trust Score of 94 from ForexBrokers.com. As a bank, FinecoBank holds two Tier-1 licenses, reinforcing its reputable status in the financial sector. Although it does not possess any Tier-2 licenses, FinecoBank’s position as a publicly listed company and its banking operations contribute to its trusted standing in the market.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Year Founded info 2006 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Tier-1 Licenses info 4 2
Tier-2 Licenses info 3 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 0

Fees

When comparing AvaTrade and FinecoBank in terms of commissions and fees, AvaTrade stands out with its competitive offerings. With spreads starting at 0.9 pips, AvaTrade's fees are just around the industry average and are slightly more pricey than entry-level accounts from brokers like CMC Markets and Tickmill. However, for those qualifying as professional traders, AvaTrade provides even more competitive spreads at 0.6 pips, which align well with the pricing of FP Markets. For these reasons, AvaTrade scores an impressive 4.5 out of 5 stars for commissions and fees and ranks 12th out of 63 brokers according to ForexBrokers.com.

In contrast, FinecoBank presents a more opaque fee structure. The broker does not release average spread figures for forex and CFD trading, making it challenging to discern the true cost of trading. While they do provide specific spreads like 1 pip for the EUR/USD and 0.8 pips, the lack of these figures being specified as average values or attached to a date range complicates any direct comparison with industry norms. Despite potentially offering lower spreads on index CFDs, FinecoBank is rated 3.5 out of 5 stars for commissions and fees and holds the 51st position out of 63 brokers, as noted by ForexBrokers.com.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Minimum Deposit info $100 $0
Average Spread EUR/USD - Standard info 0.93 info N/A info
All-in Cost EUR/USD - Active info 0.61 info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing AvaTrade and FinecoBank, both platforms support forex trading through CFDs or spot contracts. AvaTrade impresses with its offering of 1,260 tradeable symbols, although this number pales in comparison to FinecoBank’s extensive catalogue of 9,770 tradeable symbols. In terms of forex pairs, the two platforms are nearly identical, with AvaTrade featuring 53 pairs and FinecoBank slightly ahead with 54. Importantly, FinecoBank stands out by allowing users to purchase actual exchange-traded securities from U.S. and international exchanges, while AvaTrade lacks this capability. Instead, AvaTrade distinguishes itself in the area of copy trading, which FinecoBank does not offer. Both platforms do not support buying actual cryptocurrencies directly, though AvaTrade provides options for trading cryptocurrency derivatives, an option not available with FinecoBank.

FinecoBank achieves a higher rating of 4.5 stars for its range of investments, compared to AvaTrade’s rating of 4 stars. This rating is reflective of FinecoBank’s impressive array of options, with its ranking at #16 out of 63 brokers for range of investments on ForexBrokers.com, in contrast to AvaTrade’s position at #32. Although both brokers have unique strengths, investors looking for a broader array of securities might find FinecoBank more appealing, especially in areas beyond forex. AvaTrade might better serve those interested in forex trading augmented by options like copy trading and cryptocurrency derivatives.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 9770
Forex Pairs (Total) info 53 54
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes No
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.

Trading platforms and tools

When comparing AvaTrade to FinecoBank, AvaTrade stands out as a strong option for traders seeking versatile and comprehensive platforms. Offering a proprietary platform developed in-house, AvaTrade also supports popular trading tools such as MetaTrader 4 and MetaTrader 5, options not available with FinecoBank. Additionally, AvaTrade provides a paper trading demo account, which is an excellent resource for beginners, while FinecoBank lacks this feature. If you're interested in engaging with social trading, AvaTrade offers services like DupliTrade and ZuluTrade, unlike FinecoBank, which does not. For chart enthusiasts, AvaTrade provides 13 drawing tools and the ability to trade directly from charts, surpassing FinecoBank's offerings.

Both brokers have Windows-based desktop platforms and web-based trading capabilities. Although FinecoBank also boasts a proprietary platform and earns a respectable rating of 4 stars for its trading tools, it falls slightly behind AvaTrade, which is rated 4.5 stars. AvaTrade's advanced features such as copy trading options and a wider range of charting tools likely contribute to its higher ranking of #13 by ForexBrokers.com, as compared to FinecoBank's rank of #18 out of 63 brokers. Whether you're an experienced trader seeking advanced technical features or a newcomer looking for introductory tools, AvaTrade offers a diverse toolkit to support your trading activities.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Virtual Trading (Demo) info Yes No
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info Yes No
ZuluTrade info Yes No
Charting - Indicators / Studies (Total) info 80 37
Charting - Drawing Tools (Total) info 13 7
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 7 N/A

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When it comes to mobile trading apps, both AvaTrade and FinecoBank offer applications for iPhone and Android devices. Both platforms also provide stock and forex price alerts, keeping traders informed on-the-go. AvaTrade, however, steps ahead with its watchlist symbol syncing feature, allowing users to sync changes across mobile and online accounts seamlessly, which FinecoBank lacks. In terms of charting capabilities, AvaTrade outshines FinecoBank, offering an impressive 73 technical studies compared to FinecoBank's 6, along with the ability to draw trendlines, a feature FinecoBank does not offer.

Another notable advantage of AvaTrade's app is the option to create watchlists with real-time quotes, a feature absent in FinecoBank's app. While both apps lack the ability to auto-save chart drawings, AvaTrade's offering is rated higher, with 4.5 out of 5 stars, compared to FinecoBank's 4 stars, reflecting a more favorable user experience. According to ForexBrokers.com, AvaTrade is ranked 13th among 63 brokers in the Mobile Trading Apps category, while FinecoBank ranks 42nd, highlighting AvaTrade's superior app functionality and user satisfaction in the mobile trading world.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 73 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

When examining the research offerings between online brokers AvaTrade and FinecoBank, several differences become apparent. Both brokers provide forex news from reputable sources like Bloomberg and Reuters, and each offers an economic calendar to track key global events. However, AvaTrade distinguishes itself by offering tools from Trading Central, helping traders with advanced technical analytics. Additionally, AvaTrade provides a sentiment-based trading tool that allows users to gauge market mood by showing ratios of long or short positions across various currency pairs. Neither broker offers daily market commentary or resources from Autochartist and Acuity Trading, but they compensate with these other features.

Both AvaTrade and FinecoBank enjoy a solid research reputation, each receiving a rating of four stars in this category. Their respective rankings in the Research category, as assessed by ForexBrokers.com, show AvaTrade at 34th and FinecoBank just slightly ahead at 33rd out of 63 brokers. This close competition highlights that both platforms are competitive choices for those seeking thorough market research, although AvaTrade’s extra tools may appeal more to users interested in sentiment analysis and comprehensive technical insights.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Daily Market Commentary info No No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing AvaTrade and FinecoBank for educational resources aimed at beginners, AvaTrade stands out for having an extensive range of materials. AvaTrade provides more than 10 educational pieces specifically focused on forex or CFDs, along with access to regular client webinars and a comprehensive library of previously recorded sessions. In addition to this, AvaTrade offers a well-rounded selection of both beginner and advanced educational videos and an investor dictionary with over 50 investing terms. This broad educational offering earns AvaTrade a high ranking of second place among 63 brokers evaluated by ForexBrokers.com for education, resulting in a strong 4-star rating.

FinecoBank, while offering some valuable educational content, trails behind AvaTrade in several areas. It does hold webinars monthly for clients and provides beginner educational videos along with an ample investor dictionary. However, it lacks a sufficient number of educational pieces focusing exclusively on forex or CFDs and does not offer a searchable archive of past webinars or advanced trading videos geared toward experienced traders. Despite these limitations, FinecoBank still maintains a competitive edge with a 4.0-star education rating and a 49th-place ranking on ForexBrokers.com, suggesting it remains a respectable option for educational resources.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than FinecoBank. AvaTrade finished with an overall rank of #13, while FinecoBank finished with an overall rank of #25.

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2025 Annual Awards.

Feature AvaTrade logoAvaTrade
FinecoBank logoFinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 94 94
Range of Investments 4/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with AvaTrade or FinecoBank?

While both AvaTrade and FinecoBank do not provide options to purchase actual cryptocurrencies, AvaTrade distinguishes itself by offering cryptocurrency derivatives, unlike FinecoBank which does not provide this service.

What funding options does each broker offer?

Comparing AvaTrade and FinecoBank reveals that AvaTrade supports deposits and withdrawals via PayPal, Skrill, Visa/Mastercard, and bank wires but not ACH or SEPA transfers, while FinecoBank offers ACH and SEPA transfers and bank wires but lacks support for PayPal, Skrill, and Visa/Mastercard transactions.




announcementPlease 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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Compare

0 of 5
Overall Rating AvaTrade FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 94 94
Winner check_circle
Review AvaTrade Review FinecoBank Review
Broker Screenshots AvaTrade FinecoBank
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation AvaTrade FinecoBank
Trust Score info 94 94
Year Founded info 2006 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 3 0
Tier-3 Licenses info 1 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) AvaTrade FinecoBank
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) AvaTrade FinecoBank
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info Yes No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments AvaTrade FinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1260 9770
Forex Pairs (Total) info 53 54
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes No
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 AvaTrade FinecoBank
Average Spread EUR/USD - Standard info 0.93 info N/A info
All-in Cost EUR/USD - Active info 0.61 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes No
Funding AvaTrade FinecoBank
Minimum Deposit info $100 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms AvaTrade FinecoBank
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info Yes No
ZuluTrade info Yes No
Trading Tools AvaTrade FinecoBank
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 N/A
Charting - Indicators / Studies (Total) info 80 37
Charting - Drawing Tools (Total) info 13 7
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading AvaTrade FinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 73 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No No
Mobile Economic Calendar info Yes Yes
Research AvaTrade FinecoBank
Daily Market Commentary info No No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education AvaTrade FinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs AvaTrade FinecoBank
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review AvaTrade Review FinecoBank Review
Overall AvaTrade FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 94 94
Winner check_circle
Review AvaTrade Review FinecoBank Review
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