Written by ForexBrokers.com
In this head to head comparison of Fineco vs FXOpen, 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 evaluating online brokers Fineco and FXOpen for their trust and reliability, certain factors stand out. Fineco, founded in 1999 and publicly traded, doubles as a bank, which adds an additional layer of security for clients. It holds two Tier-1 licenses, considered highly trustworthy, and boasts an impressive Trust Score of 94 out of 99 on ForexBrokers.com, categorizing it as a highly trusted broker.
On the other hand, FXOpen, founded in 2003, is not publicly traded nor operates as a bank. It also holds two Tier-1 licenses, aligning it with Fineco in regulatory standing. However, its Trust Score on ForexBrokers.com is 76, which places it in the average risk category compared to Fineco's standing. While both brokers share a number of regulatory licenses, the differences in their Trust Scores and operational structures may influence a trader's choice.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Year Founded | 1999 | 2003 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Comparing commissions and fees, FXOpen edges out Fineco based on independent ratings. Fineco: 3.5 out of 5 stars, ranked #52 of 63 for Commissions and Fees. FXOpen: 4 out of 5 stars, ranked #45 of 63. Those scores suggest FXOpen may offer better overall pricing for many traders.
Fineco does not publish average spread data for forex or CFD trading, which makes true costs hard to gauge. It lists a 1.0-pip spread for EUR/USD and also cites 0.8 pips, but neither figure is presented as an average and no date range is provided. Fineco notes potentially lower spreads on index CFDs, but the lack of verified averages means transparency is limited.
FXOpen also does not provide average spread data, so direct, apples-to-apples comparison is limited. Even so, its higher rating and ranking in the Commissions and Fees category indicate a more competitive fee profile overall. As always, check live spreads and any commission or financing charges before placing trades.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco offers a far wider range of investments than FXOpen. Both brokers support forex trading via CFDs or spot contracts, but Fineco lists 9,770 tradeable symbols and 54 forex pairs, while FXOpen offers 87 symbols and 25 forex pairs. Fineco also lets clients buy exchange‑traded securities on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London), whereas FXOpen does not offer exchange‑traded stocks.
Feature-wise, FXOpen supports copy trading and cryptocurrency derivatives, while Fineco does not provide either. Neither broker offers the ability to buy actual, delivered cryptocurrency. For Range of Investments, ForexBrokers.com rates Fineco at 4.5 stars and ranks it #17 out of 63 brokers; FXOpen earns 3 stars and ranks #63.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 87 |
| Forex Pairs (Total) | 54 | 25 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | 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). |
Dive deeper: Best Copy Trading Platforms.
Comparing Fineco and FXOpen on trading platforms and tools, both offer Windows desktop and web-based platforms and each earns a 4-star rating. That said, their feature sets differ. Fineco delivers its own proprietary platform but does not provide a free demo account, copy trading, MetaTrader 4 (MT4), MetaTrader 5 (MT5), or trading directly from charts. FXOpen does not have an in-house platform, yet it supports MT4 and MT5, includes a free virtual demo account for paper trading, offers copy trading, and lets you place trades directly from charts. In ForexBrokers.com’s Trading Platforms and Tools category, Fineco ranks #18 out of 63 brokers, while FXOpen ranks #54.
Choose Fineco if you want an in-house platform experience accessible via desktop and browser and you plan to trade live right away. Pick FXOpen if you value MetaTrader 4/5, want to practice with a demo account, prefer copy trading, and like the convenience of chart trading on both desktop and web.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Fineco vs FXOpen for mobile trading: both brokers offer iPhone and Android apps and support price alerts for stocks and forex. Neither app syncs watchlist symbols with the web platform. Each earns 4 out of 5 stars for Mobile Trading Apps from ForexBrokers.com, though Fineco ranks higher overall in the category (#43 of 63) than FXOpen (#55 of 63).
For charting and tools, FXOpen is the better pick if you value technical analysis: it includes 30 technical studies and lets you draw trendlines, while Fineco offers 6 studies and no trendline drawing. Neither app auto-saves chart drawings. FXOpen also lets you build a watchlist with real-time quotes; Fineco does not. Time-frame options (such as daily, weekly, or intraday views) weren’t specified for either app. If you need stronger chart tools and real-time watchlists, FXOpen has the edge; if rankings matter more, Fineco places higher despite similar star ratings.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research, Fineco earns a higher overall score than FXOpen: 4.0 stars and ranked #34 out of 63 brokers by ForexBrokers.com, versus FXOpen’s 3 stars and #64 ranking. For everyday insights, FXOpen stands out by offering daily market commentary, while Fineco does not. Both brokers deliver forex news from leading sources like Bloomberg, Reuters, or Dow Jones, and each provides an economic calendar to track key events.
When it comes to add-on research tools, neither Fineco nor FXOpen includes Autochartist or Trading Central, and neither lists a sentiment tool showing long/short positioning. Availability of TipRanks or Acuity Trading research is not confirmed for either broker. If you value frequent, bite-size commentary, FXOpen has an edge; if you want a higher-rated research experience overall, Fineco is the stronger pick.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Client sentiment data | No | No |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, Fineco offers more structure than FXOpen. Fineco runs online client webinars at least once a month and provides at least 10 beginner-friendly trading videos, while FXOpen does not run monthly webinars and does not meet the 10-video beginner threshold. Neither broker reaches 10 advanced videos for experienced traders. In independent ratings, Fineco scores 4.0 stars for Education and ranks #49 out of 63 brokers, while FXOpen scores 3 stars and ranks #59.
Details such as whether either broker hosts 10+ forex/CFD-specific education pieces, a searchable archive of recorded webinars, or an investor dictionary with 50+ terms are not specified. If you want frequent live sessions and a larger starter video library, Fineco is the stronger pick; if you only need a lighter set of materials, FXOpen may suffice. Always check each broker’s website for the newest courses and schedules.
| Feature |
Fineco
|
FXOpen
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
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 FXOpen. Fineco finished with an overall rank of #25, while FXOpen finished with an overall rank of #54.
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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FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 76 |
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Fineco does not offer the ability to buy actual or derivative cryptocurrencies, while FXOpen does not provide the option to buy actual cryptocurrencies but does allow trading in cryptocurrency derivatives.
Comparing deposit and withdrawal methods, Fineco offers ACH/SEPA and bank wire transfers but not PayPal or Skrill (Visa/Mastercard details not provided), whereas FXOpen supports Skrill and bank wire transfers but not ACH/SEPA or PayPal (Visa/Mastercard details not provided).
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 | FXOpen | |
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| Trust Score | 94 | 76 | |
| Winner | check_circle | ||
| Review | Fineco Review |
| Broker Screenshots | Fineco | FXOpen | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | Fineco | FXOpen | |
|---|---|---|---|
| Trust Score | 94 | 76 | |
| Year Founded | 1999 | 2003 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Fineco | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Fineco | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 87 | |
| Forex Pairs (Total) | 54 | 25 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | 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). |
| Cost | Fineco | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | No | Yes |
| Funding | Fineco | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Fineco | FXOpen | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 |
| Trading Tools | Fineco | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Fineco | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | FXOpen | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Fineco | FXOpen | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| Review | Fineco Review |
| Overall | Fineco | FXOpen | |
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| Trust Score | 94 | 76 | |
| Winner | check_circle | ||
| Review | Fineco Review |
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