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 examining the commissions and fees of FinecoBank compared to easyMarkets, both brokers present unique advantages and challenges. FinecoBank makes it difficult to assess its true trading costs as it does not publish average spread data for forex and CFD trading. While it lists a spread of 1 pip for the EUR/USD, this is slightly higher than the market average provided by other brokers. Moreover, there is an occasional listing of 0.8 pips, but neither spread comes with an average value or specified date range. However, Fineco appears to offer more competitive rates on index CFDs. FinecoBank holds a 3.5-star rating for its commissions and fees and is ranked #50 out of 62 brokers by ForexBrokers.com.
In contrast, easyMarkets opts for a more transparent approach with fixed spreads when trading forex. The EUR/USD pair has a fixed spread of 0.8 pips on easyMarkets’ own platform and TradingView. When using the MT4 platform, the spreads increase significantly to 1.7 pips for the Standard account, although the VIP account provides a more competitive rate of 0.7 pips. For those who prefer MT5, easyMarkets begins with a variable spread starting from 0.7 pips. easyMarkets also has a 3.5-star rating for commissions and fees and is closely ranked #51 out of 62 brokers by ForexBrokers.com.
Both FinecoBank and easyMarkets offer distinct approaches to their commission structures, with FinecoBank being less transparent and slightly higher priced for forex, while easyMarkets provides clearer fixed spread options but varies significantly with account types and platforms. Despite their differences, both brokers earn the same star rating for commissions and fees and are similarly positioned in industry rankings.
| 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.
When considering the range of investments available, FinecoBank offers an extensive selection compared to easyMarkets. FinecoBank provides its clients with access to 9,770 tradeable symbols, including 54 forex pairs, alongside the ability to trade exchange-traded securities on both U.S. and international exchanges. In contrast, easyMarkets offers a more limited selection with 230 tradeable symbols and 63 forex pairs. While easyMarkets includes the option for copy trading and trading cryptocurrency derivatives, it lacks access to exchange-traded securities on U.S. and international exchanges, which FinecoBank offers.
For those prioritizing the availability of investments, FinecoBank's broader range is reflected in its higher rating of 4.5 stars for this category, compared to easyMarkets' 3.5 stars. Additionally, FinecoBank holds a higher rank, placing 16th out of 62 brokers in the Range of Investments category according to ForexBrokers.com, while easyMarkets comes in at 54th. This suggests that FinecoBank may be a more suitable choice for investors looking for diverse trading opportunities, particularly in exchange-traded securities, although easyMarkets provides other advantages like copy trading and cryptocurrency derivatives.
| 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 are both prominent players in the online trading space, offering diverse platforms and tools to their users. FinecoBank boasts its proprietary trading platform, available as both a Windows-based desktop download and a web-based interface. However, it falls short in advanced features like copy trading and the popular MetaTrader suites, as they aren't supported. Although it provides a reasonable number of drawing tools for charting, FinecoBank doesn't support direct trading from stock charts or offer a virtual demo account for new traders to test the waters without risk.
easyMarkets stands out with its own proprietary platform and supports the widely-used MetaTrader 4 and 5, making it an attractive choice for those familiar with these tools. It excels in features such as paper trading through a free virtual demo account and copy trading, catering to a variety of trading preferences. With more drawing tools and the ability to trade directly from charts, easyMarkets offers enhanced trading capabilities. However, despite these features, both FinecoBank and easyMarkets share a similar rating of four stars for their trading platforms and tools, though FinecoBank is ranked higher by ForexBrokers.com in this category.
| 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 offer mobile trading apps compatible with iPhone and Android devices, ensuring on-the-go access to their platforms. FinecoBank provides stock and forex price alerts, a feature not available with easyMarkets. Additionally, while easyMarkets supports watchlist symbol syncing between the mobile app and online account, FinecoBank does not offer this convenience. In terms of charting capabilities, easyMarkets excels with 81 technical studies compared to FinecoBank's 6. Furthermore, easyMarkets users can draw trendlines and have access to a more intuitive charting experience, unlike FinecoBank's app users.
Both platforms allow viewing of multiple time frames on their charts, which is an essential feature for traders. However, neither app automatically saves chart drawings. Creating a watchlist with real-time quotes is possible with easyMarkets, offering a more dynamic and responsive trading experience. Despite minor differences in features, both trading apps hold a rating of 4 out of 5 stars. According to ForexBrokers.com, easyMarkets ranks higher at 30th out of 62 brokers for mobile trading apps, while FinecoBank is positioned at 42nd, indicating a slight preference for easyMarkets among users.
| 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 market research offerings between FinecoBank and easyMarkets, there are several aspects to consider. FinecoBank distinguishes itself by providing forex news from premier sources like Bloomberg and Reuters, ensuring traders have access to top-notch information. In contrast, easyMarkets enhances its research toolkit by delivering daily market commentary and utilizing insights from Trading Central—tools FinecoBank lacks. Both brokers offer an economic calendar, enabling users to stay informed about important global events, but FinecoBank's strength lies in its higher research rating of 4.0 stars compared to easyMarkets' 3.5 stars.
Despite easyMarkets offering additional tools such as a sentiment-based trading feature, it ranks lower in research at #43 out of 62 brokers, while FinecoBank stands at #33 according to ForexBrokers.com. Neither broker provides tools from Autochartist, TipRanks, or Acuity Trading, but FinecoBank's slightly better overall research ranking suggests a more comprehensive offering. Traders seeking a brokerage with extensive research highlights may find FinecoBank more appealing, while those interested in daily commentary and sentiment analysis might opt for easyMarkets.
| 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.
When it comes to educational resources for beginners, FinecoBank and easyMarkets offer different strengths. EasyMarkets excels by providing a well-rounded selection of over 10 educational pieces focused on forex and CFDs, which includes articles, videos, and archived webinars. Both platforms host monthly educational webinars for clients, but easyMarkets takes an edge with a searchable archive of past webinars, offering greater flexibility for traders to learn at their convenience. In contrast, FinecoBank does not provide archival access to past webinars, which might be limiting for some learners.
Both FinecoBank and easyMarkets offer beginner educational videos, but easyMarkets extends its offerings to include over 10 advanced educational videos for experienced traders, a feature FinecoBank lacks. Each platform provides an investor dictionary containing essential term definitions, aiding novice traders in understanding key concepts. Despite a higher educational star rating for FinecoBank at 4.0 compared to easyMarkets' 3.5, ForexBrokers.com ranks easyMarkets higher in the Education category among 62 brokers. This suggests that while FinecoBank is highly rated for education by star rating, easyMarkets' comprehensive resources give it an edge in overall ranking.
| 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 62 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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