Written by ForexBrokers.com
In this head to head comparison of FinecoBank vs easyMarkets, 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.
When comparing FinecoBank and easyMarkets, both established online brokers bring distinct advantages to their clients. Founded in 1999, FinecoBank is a publicly traded financial institution, providing its services with the credibility of being a full-scale bank. On the regulatory front, FinecoBank holds two Tier-1 licenses, which are regarded as highly trustworthy by industry standards, contributing to its impressive Trust Score of 94 out of 99 on ForexBrokers.com.
In contrast, easyMarkets, established in 2001, operates as a private company without bank status. Despite this, it demonstrates solid regulatory compliance with two Tier-1 licenses and one Tier-2 license, earning a Trust Score of 84. Both brokers show a strong regulatory presence, but their structural differences in being a bank and public listing highlight FinecoBank’s additional layers of reliability for cautious investors.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Year Founded | 1999 | 2001 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When it comes to comparing the commissions and fees of FinecoBank and easyMarkets, both brokers present a mixed bag for traders. FinecoBank does not publish average spread data for forex and CFD trading, leading to some ambiguity regarding its true trading costs. Although FinecoBank lists a spread of 1 pip and a potentially lower spread of 0.8 pips for the EUR/USD pair, neither is confirmed as average values, and the lack of a specified date range adds to the uncertainty. Nevertheless, FinecoBank does seem to offer more competitive spreads on its index CFDs.
In contrast, easyMarkets provides clear fixed-rate spreads of 0.8 pips for EUR/USD on its platform and TradingView, offering some transparency. However, the spreads widen significantly to 1.7 pips when trading through MT4 on a Standard account, only reducing to 0.7 pips with the VIP account. Additionally, MT5 offers a variable spread beginning from 0.7 pips, giving traders options based on their platform preference.
Both brokers are rated 3.5 stars out of 5 for their commissions and fees. In terms of rankings, FinecoBank is positioned at #51 while easyMarkets follows closely at #52 out of 63 brokers by ForexBrokers.com. This indicates that both brokers have room for improvement in offering more competitive and clearer pricing structures for their users.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $0 | $25 |
| Average Spread EUR/USD - Standard | N/A | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| 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.
FinecoBank and easyMarkets both open doors to forex trading, offering it as either a CFD or spot contract, but they differ significantly in other investment options. FinecoBank excels with a vast selection of 9,770 tradeable symbols compared to the 230 available at easyMarkets. Although FinecoBank provides access to 54 forex pairs, slightly fewer than easyMarkets' 63, it stands out by giving investors the ability to purchase exchange-traded securities from both U.S. and international markets, such as Apple or Vodafone shares, directly. This offering is not available at easyMarkets, which does not facilitate the buying of exchange-traded securities on U.S. or international exchanges.
On the other hand, easyMarkets garners attention with its provision of copy trading and cryptocurrency derivatives, avenues not explored by FinecoBank. While neither platform supports the purchase of actual cryptocurrencies, easyMarkets offers some engagement through derivatives. Despite this, FinecoBank’s broad range of investment options earns it a higher rating of 4.5 stars for Range of Investments, compared to easyMarkets’ 3.5 stars. This higher rating is mirrored in their rankings by ForexBrokers.com, where FinecoBank stands at 16th place, distinctly outperforming easyMarkets' 54th position among 63 brokers in their Range of Investments category.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 230 |
| Forex Pairs (Total) | 54 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| 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.
FinecoBank and easyMarkets both provide their own in-house trading platforms, ensuring a seamless experience for their users. Those preferring a desktop setup will find that both brokers offer downloadable platforms for Windows. For trading on the go or convenience, both companies provide web-based platforms accessible through a browser. However, easyMarkets stands out by offering MetaTrader 4 and MetaTrader 5, popular options not available with FinecoBank. Paper trading enthusiasts will find easyMarkets more attractive, as it offers a virtual demo account for risk-free practice, a feature that FinecoBank lacks. Additionally, easyMarkets also supports copy trading, appealing to those interested in mirroring experienced traders' strategies, while FinecoBank does not offer this option.
When it comes to charting tools and capabilities, both brokers earn a solid four out of five stars for their trading platforms and tools, yet easyMarkets provides more drawing tools (30) compared to FinecoBank's 7. Furthermore, easyMarkets allows for trading directly from a stock chart, which FinecoBank does not. Although FinecoBank ranks higher at #18 compared to easyMarkets' #35 in the Trading Platforms and Tools category by ForexBrokers.com, easyMarkets may be the preferred choice for traders valuing comprehensive features like MetaTrader support and paper trading options.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| 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 | 15 |
| Charting - Drawing Tools (Total) | 7 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FinecoBank and easyMarkets provide iPhone and Android apps for mobile trading. FinecoBank stands out for its stock and forex price alerts feature that is not available with easyMarkets. However, easyMarkets compensates with the ability to sync watchlists between the mobile app and online account, a feature absent in FinecoBank's offering. When it comes to charting, FinecoBank provides six technical studies, while easyMarkets offers a more extensive set with 81 studies. Moreover, easyMarkets allows traders to draw trendlines, a capability that FinecoBank lacks.
Both brokerages support viewing different time frames, such as daily, weekly, or intraday. However, neither app saves chart drawings automatically. For those keen on real-time quotes, easyMarkets offers the ability to create watchlists with this feature, unlike FinecoBank. Despite these differences, both apps have received a rating of four out of five stars for their mobile trading experience. On a broader scale, easyMarkets ranks 30th out of 63 brokers in ForexBrokers.com's Mobile Trading Apps category, proving to be slightly ahead of FinecoBank, which holds the 42nd position.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 6 | 81 |
| 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.
When comparing the market research offerings of FinecoBank and easyMarkets, it's clear that each has its strengths. FinecoBank provides reliable forex news sourced from top-tier platforms like Bloomberg and Reuters, and also includes an economic calendar that keeps traders informed about global financial events. Despite these resources, FinecoBank does not offer daily market commentary or specialized technical analysis tools from partners like Trading Central or sentiment-based trading aids. Its research capabilities, although rated well at 4.0 stars, place FinecoBank at #33 out of 63 brokers in the Research category, according to ForexBrokers.com.
On the other hand, easyMarkets stands out by offering daily market commentary and advanced tools, including those from Trading Central, to aid in technical analysis. Additionally, it features a sentiment-based trading tool that provides insights into investor positions across various instruments, making it valuable for traders looking for a more intuitive edge. While easyMarkets also provides an economic calendar and top-tier forex news just like FinecoBank, it does not have specialized tools from Autochartist or Acuity Trading. With a research rating of 3.5 stars, easyMarkets is positioned at #43 in the same category. Ultimately, your choice between these two brokers may depend on whether you prioritize comprehensive news coverage or the availability of advanced analytical tools.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FinecoBank and easyMarkets both provide valuable educational resources for beginners, but they cater to different needs. FinecoBank holds strong with its monthly online webinars, which enhance learning through real-time interaction. It also offers a comprehensive dictionary with over 50 investing terms, making it great for those who prefer a more structured learning path. Additionally, they provide at least 10 videos aimed at beginners, ensuring newcomers have ample material to get started. However, FinecoBank lacks in offering advanced educational videos and a substantial collection of written materials on forex or CFDs, which might limit the depth of education available for users who want to explore more complex topics.
On the other hand, easyMarkets excels in providing foundational forex and CFD education with at least 10 various educational pieces like articles and videos, catering to those who crave a more varied learning experience. They, too, host monthly webinars and have a wide array of beginner-focused videos. Unlike FinecoBank, easyMarkets also offers a searchable archive of past webinars, giving users the flexibility to learn at their own pace. Furthermore, easyMarkets offers an extensive selection of advanced videos, making it a solid choice for those looking to deepen their trading expertise. Both platforms offer an investment dictionary, but easyMarkets edges out with a broader scope in educational offerings. Despite receiving a slightly lower star rating, easyMarkets ranks higher in ForexBrokers.com’s education rankings, suggesting their broader approach offers a better overall educational experience for traders.
| Feature |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| 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 FinecoBank is better than easyMarkets. FinecoBank finished with an overall rank of #25, while easyMarkets finished with an overall rank of #42.
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 |
FinecoBank
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 84 |
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When comparing online brokers FinecoBank and easyMarkets regarding cryptocurrency trading, neither offers the ability to buy actual (delivered) cryptocurrency, but easyMarkets distinguishes itself by providing the option to trade cryptocurrency derivatives, unlike FinecoBank.
Both FinecoBank and easyMarkets provide ACH or SEPA transfers and bank wires for account transactions, but while easyMarkets supports additional options like Visa, Mastercard, and Skrill, neither offers PayPal, and FinecoBank does not support Visa, Mastercard, or Skrill for deposits or withdrawals, highlighting easyMarkets' broader range of funding methods.
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 | FinecoBank | easyMarkets | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | easyMarkets Review |
| Broker Screenshots | FinecoBank | easyMarkets | |
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| Regulation | FinecoBank | easyMarkets | |
|---|---|---|---|
| Trust Score | 94 | 84 | |
| Year Founded | 1999 | 2001 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | FinecoBank | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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 | Yes |
| Tier-2 Licenses (Trusted) | FinecoBank | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FinecoBank | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 230 | |
| Forex Pairs (Total) | 54 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| 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 | FinecoBank | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | Yes |
| Funding | FinecoBank | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $0 | $25 | |
| 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 | Yes |
| Trading Platforms | FinecoBank | easyMarkets | |
|---|---|---|---|
| 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 | FinecoBank | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 8 | |
| Charting - Indicators / Studies (Total) | 37 | 15 | |
| Charting - Drawing Tools (Total) | 7 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FinecoBank | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 6 | 81 | |
| 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 | FinecoBank | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FinecoBank | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FinecoBank | easyMarkets | |
|---|---|---|---|
| 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 | FinecoBank Review | easyMarkets Review |
| Overall | FinecoBank | easyMarkets | |
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| Trust Score | 94 | 84 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | easyMarkets Review |
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