Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs Fineco, 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.
Catering to traders since 1989, CMC Markets has established itself as a reliable choice in the online brokerage world. As a publicly traded company, CMC Markets boasts a top Trust Score of 99 from ForexBrokers.com, indicating a high level of trust. With six Tier-1 licenses and one Tier-2 license, traders can feel secure knowing CMC Markets is backed by a strong regulatory framework. Though it isn't a bank, its long-standing presence and vigilant oversight offer users a trusted trading experience.
Founded in 1999, Fineco is not only a broker but also operates as a bank, giving it a unique advantage in financial services. Like CMC Markets, Fineco is publicly traded and holds two Tier-1 licenses, achieving a Trust Score of 94 from ForexBrokers.com. While it does not have Tier-2 licenses, its performance in regulatory compliance signals substantial reliability. Fineco's dual status as a bank and broker may appeal to those looking for an integrated financial solution in a solidly regulated environment.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Year Founded | 1989 | 1999 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
CMC Markets stands out for low, transparent trading costs and took #1 out of 63 brokers in ForexBrokers.com’s 2025 Commissions and Fees awards (5 out of 5 stars). Its average EUR/USD spread was 0.61 pips in August 2023, and its averages have historically stayed close to its minimums. The FX Active commission plan charges $2.50 per side with minimum spreads from 0.0 pips, delivering an all‑in cost of about 0.5 pips on EUR/USD (and several other pairs); for example, NZD/USD can drop from 1.5 pips on the standard offering to about 0.5 pips all-in with FX Active. Active traders can also earn discounts via the Price Plus Scheme, where trading points based on volume can unlock tiered spread reductions (e.g., a 20% discount at Tier 4).
Fineco, by contrast, does not publish average spread data for forex and CFDs, which makes total trading costs harder to gauge. It lists EUR/USD at 1.0 pip (and also 0.8 pips in another instance), but neither figure is labeled as an average or tied to a clear date range; Fineco does appear to be more competitive on index CFDs. In ForexBrokers.com’s 2025 rankings for Commissions and Fees, Fineco is #52 out of 63 brokers (3.5 out of 5 stars).
Bottom line: for forex traders focused on tight, verifiable pricing, CMC Markets is the stronger pick thanks to consistently low spreads, a clear commission option, and volume-based discounts. Fineco’s published numbers suggest higher EUR/USD costs and lack the average-spread transparency many cost-conscious traders look for. Always compare average spreads (not just minimums), consider your region and platform, and check the latest pricing before you trade.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 0.65 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets vs Fineco: both offer forex trading via CFDs or spot and access to a wide range of markets, but CMC Markets edges ahead on sheer choice. CMC lists 12,029 tradeable symbols and 141 forex pairs, while Fineco offers 9,770 symbols and 54 pairs. Reflecting that breadth, CMC Markets earns 5 stars for Range of Investments and ranks #9 out of 63 brokers on ForexBrokers.com; Fineco scores a strong 4.5 stars and ranks #17.
Both brokers let you buy exchange-traded securities on U.S. and international exchanges, so you can trade names like Apple or Vodafone as actual shares, not CFDs. Key differences: CMC Markets supports copy trading and offers cryptocurrency derivatives, while Fineco does not provide copy trading and does not offer crypto derivatives. If you want the widest selection with copy trading and crypto-linked products, CMC Markets is the better fit; if you want a large lineup of global shares without copy trading or crypto derivatives, Fineco delivers.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 9770 |
| Forex Pairs (Total) | 141 | 54 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Comparing CMC Markets vs Fineco for trading platforms and tools: both brokers offer their own in-house platforms on the web and a Windows desktop download. CMC Markets goes further with MetaTrader 4 and MetaTrader 5 support, while Fineco does not offer either. If you like to test strategies first, CMC Markets provides a free paper trading (demo) account; Fineco does not. CMC Markets also includes copy trading and lets you place orders directly from a chart, two features Fineco doesn’t currently provide.
For quality, ForexBrokers.com rates CMC Markets 5 stars and ranks it #4 out of 63 brokers for Trading Platforms and Tools, while Fineco earns 4 stars and ranks #18. In short, choose CMC Markets if you want MetaTrader, a demo account, copy trading, and chart trading alongside web and desktop access. Pick Fineco if you prefer a straightforward proprietary platform on web and Windows and don’t need a demo or MetaTrader integration.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 73 | 37 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and Fineco both offer iPhone and Android trading apps with stock and forex price alerts and the ability to view multiple time frames. CMC Markets pulls ahead on in-app tools and convenience: it includes 29 technical studies (versus Fineco’s 6), lets you draw trendlines, auto‑saves chart drawings, and syncs watchlists with your online account. CMC Markets also supports watchlists with real‑time quotes, while Fineco’s app does not, and Fineco does not sync watchlists between mobile and web.
These gaps show up in third‑party ratings: CMC Markets earns 5 stars and ranks #5 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Fineco earns 4 stars and ranks #43. If you want deeper charting and seamless syncing across devices, CMC Markets is the stronger pick; if you only need core features on iPhone or Android with alerts and basic charts, Fineco can do the job.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 29 | 6 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
For market research, CMC Markets comes out ahead. It earns 5 stars and ranks #6 of 63 at ForexBrokers.com, while Fineco scores 4.0 stars and ranks #34. CMC provides daily market commentary, something Fineco lacks. Both brokers stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and both include an economic calendar to track upcoming global events.
CMC also adds helpful tools: Autochartist for technical and fundamental trade ideas and a sentiment tool that shows the long/short split across markets. Fineco does not offer Autochartist or a sentiment tool, and neither broker includes Trading Central. CMC does not feature TipRanks or Acuity Trading; Fineco’s availability for TipRanks and Acuity Trading was not specified. If you value frequent insights and built-in research aids, CMC Markets is the stronger pick; if you mainly want quality news and a calendar, Fineco covers the essentials.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
CMC Markets vs Fineco for beginner education: both brokers provide at least 10 beginner-friendly trading videos, making it easy to learn the basics. CMC Markets also offers at least 10 advanced videos for experienced traders, while Fineco does not. Fineco runs monthly educational webinars, but CMC Markets does not host ongoing client webinars. Whether each broker has a searchable archive of recorded webinars, an investor dictionary (50+ terms), or at least 10 forex/CFD-specific pieces wasn’t specified.
For live learning, Fineco’s monthly webinars are a plus. If you prefer a deeper video library that grows with your skills, CMC Markets has the edge. Reflecting this, CMC Markets is rated 5 stars for Education and ranks #10 out of 63 brokers by ForexBrokers.com, while Fineco holds 4.0 stars and ranks #49. Beginners can start confidently with either broker, but advanced learners may find more depth at CMC Markets.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | No | Yes |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than Fineco. CMC Markets finished with an overall rank of #4, while Fineco finished with an overall rank of #25.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 94 |
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CMC Markets allows investors to trade in cryptocurrency derivatives, whereas Fineco does not offer cryptocurrency derivatives, and neither platform provides options to purchase actual, delivered cryptocurrencies.
Comparing online brokers CMC Markets and Fineco: both support ACH/SEPA transfers and bank wires for deposits and withdrawals, CMC Markets also accepts PayPal while Fineco does not, neither supports Skrill, and Visa/Mastercard availability is not specified for either.
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 | CMC Markets | Fineco | |
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| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fineco Review |
| Broker Screenshots | CMC Markets | Fineco | |
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| Regulation | CMC Markets | Fineco | |
|---|---|---|---|
| Trust Score | 99 | 94 | |
| Year Founded | 1989 | 1999 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | Fineco | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | Fineco | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | CMC Markets | Fineco | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12029 | 9770 | |
| Forex Pairs (Total) | 141 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | CMC Markets | Fineco | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 0.65 | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | No |
| Funding | CMC Markets | Fineco | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) [DELETED] | |||
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | CMC Markets | Fineco | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | CMC Markets | Fineco | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 73 | 37 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | Fineco | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 29 | 6 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | Fineco | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | Fineco | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | No | Yes | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | CMC Markets | Fineco | |
|---|---|---|---|
| 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 | CMC Markets Review | Fineco Review |
| Overall | CMC Markets | Fineco | |
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| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fineco Review |
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