Written by ForexBrokers.com
In this head to head comparison of Fineco vs Exness, 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, established in 1999, emerges as a highly trusted online broker with a Trust Score of 94, according to ForexBrokers.com. As a publicly traded bank, Fineco demonstrates significant credibility in the financial sector. It holds two Tier-1 licenses, indicative of a high level of trust. However, Fineco does not possess any Tier-2 licenses. Its status as a bank and presence on the stock exchange further solidify its reliable image among users.
Exness, founded in 2008, is a trusted name in the world of online brokerage, with a Trust Score of 81. While not publicly traded or a bank, Exness still boasts an impressive regulatory presence, with two Tier-1 licenses and three Tier-2 licenses. This regulatory backing showcases its commitment to maintaining trustworthy operations, even without the status of being listed on a stock exchange or functioning as a bank.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| Year Founded | 1999 | 2008 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
When comparing the commissions and fees of Fineco and Exness, there are noticeable differences in their offerings. Fineco's lack of published average spread data makes it challenging to assess its true trading costs. They offer a spread of 1 pip for EUR/USD, which is on the higher end compared to typical forex brokers. Fineco also lists a 0.8-pip spread, but without average values or specific date ranges for reference, it's hard to determine the consistency of these spreads. However, lower spreads might be available when trading index CFDs. Fineco is rated 3.5 stars for commissions and fees, ranking it at #51 out of 63 brokers according to ForexBrokers.com.
Exness offers a variety of account types, with trading costs varying depending on the account you select. There are five main account types: two standard accounts and three professional accounts. Exness also provides social copy trading accounts for those interested in sharing strategies. The two commission-based accounts, Zero Spread and Raw, feature lower spreads but incur a commission. The commission-free accounts such as Standard Cent and Standard come with higher spreads, though the Pro account offers both instant and market execution options. Exness stands out by providing multiple choices to suit different trading preferences and budgets, earning a rating of 4 stars and a #35 rank out of 63 brokers in the Commissions and Fees category as per ForexBrokers.com.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| Minimum Deposit | $0 | $10 |
| 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 | No |
| 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.
When comparing Fineco to Exness in terms of available investment options, each broker presents distinct offerings. Fineco provides a substantial array of 9,770 tradeable symbols, significantly surpassing Exness's offering of 227. While Fineco offers 54 forex pairs, Exness takes the lead in this category with 96 pairs, catering to traders interested in forex diversity. However, Fineco stands out by allowing clients to invest in exchange-traded securities on both U.S. and international exchanges, enabling direct stock purchases like Apple and Vodafone. In contrast, Exness does not offer this feature, focusing more on CFD trading and providing copy trading capabilities, which Fineco does not offer.
For investors interested in cryptocurrency, both brokers fall short of offering actual cryptocurrency purchases. However, Exness does provide cryptocurrency derivatives as a trading option, a feature Fineco lacks. Ranked by ForexBrokers.com, Fineco holds a prominent position, being rated 4.5 stars and ranking 16th out of 63 brokers for the range of investments. Exness, meanwhile, earns a 3.5-star rating and ranks 55th. This ranking difference highlights Fineco's broader and more diverse investment opportunities, appealing to traders who seek varied investment options across different markets.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 227 |
| Forex Pairs (Total) | 54 | 96 |
| 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.
When comparing Fineco and Exness for their trading platforms and tools, both brokers offer strong options with unique features. Fineco provides a proprietary platform and a Windows-based desktop trading platform. It also has a web-based platform that caters to traders who prefer using their browsers. However, Fineco lacks a simulated trading option and does not support platforms like MetaTrader 4 or 5. The broker also does not offer copy trading or the ability to trade directly from stock charts, and it provides seven drawing tools. Fineco is rated 4 stars for its trading platforms and tools, ranking 18th out of 63 brokers in the category.
Exness, on the other hand, also offers a proprietary platform along with a Windows-based desktop and web-based trading options. It stands out with its availability of simulated trading through a free virtual demo account and supports MetaTrader 4 and 5. Exness includes a copy trading feature that can benefit those interested in mirroring successful trades. Additionally, it provides a comprehensive 87 drawing tools and allows traders to execute trades directly from stock charts. Like Fineco, Exness is rated 4 stars in the trading platforms and tools category, though it ranks 26th out of 63 brokers according to ForexBrokers.com.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| 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 | 107 |
| Charting - Drawing Tools (Total) | 7 | 87 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Fineco and Exness, both brokers provide iPhone and Android applications, enabling users to manage their trades on the go. Price alerts for stocks and forex are available with both apps, keeping traders informed of market movements. However, neither broker offers watchlist symbol syncing, meaning any changes made in the mobile app do not automatically update on the web platform. When it comes to charting capabilities, Fineco's app includes six technical studies, whereas Exness impresses with 35. Exness also allows users to draw trendlines on their charts, a feature not available with Fineco.
For time frame flexibility, both apps support viewing daily, weekly, and intraday charts. Yet, users looking to save their chart drawings automatically won't find this feature in either app. In terms of watchlists, Exness provides real-time quotes, adding a layer of efficiency not present in Fineco's app. User ratings tie both apps at four out of five stars, but ForexBrokers.com ranks Exness higher at #26 compared to Fineco’s #42 among 63 brokers. Overall, while both apps have strengths, Exness seems to offer more advanced features for traders seeking deeper analytical capabilities on their mobile devices.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 35 |
| 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 Fineco and Exness, both shine in some areas while exhibiting gaps in others. Fineco does not provide daily market commentary, but it excels by offering forex news from top-tier sources like Bloomberg and Reuters. While Exness also provides premium forex news, it has the edge when it comes to daily market commentary and additional tools like those from Trading Central and sentiment-based trading aids. Fineco lacks these specific tools, which could be a drawback for traders seeking advanced analysis options.
Both brokers offer valuable resources such as economic calendars, covering global news events essential for informed trading decisions. Fineco is slightly ahead in the research category, rated at 4.0 stars compared to Exness's 3.5 stars and is ranked #33 versus #41 by ForexBrokers.com among 63 brokers. While Fineco benefits from an economic calendar and reputable news sources, Exness stands out for providing essential sentiment and technical analysis tools, making each platform appealing to different types of traders.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| 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 | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, Fineco and Exness both present unique offerings. Fineco provides monthly online webinars tailored for clients, along with a range of beginner-friendly videos aimed at helping newcomers grasp the basics of trading. They also offer an extensive investor dictionary, covering over 50 investing terms, which can serve as a valuable reference for beginners. However, Fineco does not offer a wide array of educational content specifically focused on forex or CFDs, nor do they provide a searchable archive of past webinars. Despite these limitations, they receive a commendable education rating of 4.0 stars.
Exness, in contrast, excels in delivering forex and CFDs education, offering a comprehensive suite of over 10 educational materials designed to assist novices in understanding these markets. Like Fineco, Exness also presents beginner-focused videos and maintains an investor dictionary with more than 50 definitions, supporting traders as they navigate various trading concepts. Although Exness does not provide regular client webinars, they do offer a searchable archive of recorded ones, allowing users to access valuable insights at their convenience. Exness holds a slightly lower education rating of 3.5 stars, although it ranks higher than Fineco in the ForexBrokers.com Education category, coming in at #47 out of 63 brokers.
| Feature |
Fineco
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | Yes |
| 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 Exness. Fineco finished with an overall rank of #25, while Exness finished with an overall rank of #43.
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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Exness
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 81 |
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When comparing online brokers Fineco and Exness in terms of cryptocurrency offerings, Fineco does not provide the option to buy actual or derivative cryptocurrencies, whereas Exness allows its users to purchase cryptocurrency derivatives, but not the actual delivered cryptocurrency.
Fineco offers ACH and SEPA transfers along with bank wires for account transactions, whereas Exness provides more variety with Skrill, Visa, Mastercard, and bank wires, but lacks ACH or SEPA transfer options and neither broker supports PayPal for deposits or withdrawals.
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 | Exness | |
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| Trust Score | 94 | 81 | |
| Winner | check_circle | ||
| Review | Fineco Review | Exness Review |
| Broker Screenshots | Fineco | Exness | |
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| Regulation | Fineco | Exness | |
|---|---|---|---|
| Trust Score | 94 | 81 | |
| Year Founded | 1999 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Fineco | Exness | |
|---|---|---|---|
| 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 | Yes | |
| 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) | Fineco | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| 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) | Yes |
| Investments | Fineco | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 227 | |
| Forex Pairs (Total) | 54 | 96 | |
| 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 | Fineco | Exness | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | Exness | |
|---|---|---|---|
| Minimum Deposit | $0 | $10 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 107 | |
| Charting - Drawing Tools (Total) | 7 | 87 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | Exness | |
|---|---|---|---|
| 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 | 35 | |
| 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 | Exness | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Fineco | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | Fineco | Exness | |
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| Trust Score | 94 | 81 | |
| Winner | check_circle | ||
| Review | Fineco Review | Exness Review |
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