Written by ForexBrokers.com
In this head to head comparison of FXCM 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.
FXCM and Fineco are both established online brokers founded in 1999, with each publicly traded and having built a strong reputation in the financial markets. While FXCM is not a bank, Fineco operates as one, providing an added dimension to its financial services. Both brokers hold Tier-1 licenses, which are highly trusted according to ForexBrokers.com, yet FXCM has a slight edge with four Tier-1 licenses compared to Fineco's two. Additionally, FXCM holds two Tier-2 licenses, while Fineco does not hold any.
When it comes to trustworthiness, FXCM slightly surpasses Fineco with a Trust Score of 95 out of 99, compared to Fineco's score of 94 out of 99, meaning both brokers are considered highly trusted by ForexBrokers.com. While the score difference is minimal, it underscores the strong regulatory environment under which FXCM operates, supported by its multiple Tier-1 and Tier-2 licenses. Fineco, on the other hand, brings the advantages of being a bank into the mix, which may appeal to investors looking for banking services integrated with their brokerage needs.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Year Founded | 1999 | 1999 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
Comparing commissions and fees, FXCM generally offers clearer pricing than Fineco and tends to be slightly above the industry average for forex. FXCM earns 4/5 stars and ranks 25th out of 63 brokers for Commissions and Fees on ForexBrokers.com, while Fineco earns 3.5/5 stars and ranks 52nd out of 63. Both cater to forex and CFDs, but FXCM publishes detailed spread data and discount programs, whereas Fineco does not publish average spreads—making its true costs harder to judge.
FXCM’s EUR/USD spreads in May 2024 averaged 0.78 pips for its EU, U.K., and Australia entities and 1.38 pips for St. Vincent and the Grenadines—higher than the industry norm. Its commission-based accounts averaged 0.28 pips (excluding commissions), with an effective spread around 0.74 pips once commissions are included. FXCM’s Active Trader Rebate Program (not available in the U.K. or EU) offers $5–$25 per million traded depending on volume; a U.K. example with $25,000 balance and $50 million monthly volume results in about $5 round-turn commissions and an effective spread near 0.78 pips. As with many brokers, spreads can widen during rollover or volatile market conditions.
Fineco does not publish average spread data for forex or CFDs. It lists EUR/USD spreads of 1.0 pip and 0.8 pips, but these are not stated as averages and have no date range, suggesting costs may be higher than many forex brokers when trading currency pairs. Fineco appears more competitive on index CFDs, but without consistent averages, its overall pricing is less transparent than FXCM’s.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Minimum Deposit | Starts from $50 | $0 |
| Average spread (EUR/USD) - Standard account | 0.9 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at FXCM and Fineco, Fineco offers far broader market access. Fineco lists about 9,770 tradeable symbols and 54 forex pairs, while FXCM offers 440 symbols and 46 forex pairs. Both support forex trading via CFDs or spot contracts, but only Fineco lets you buy real exchange-traded shares on U.S. and international exchanges. Reflecting this breadth, Fineco holds a 4.5-star Range of Investments rating and ranks #17 out of 63 brokers on ForexBrokers.com, compared with FXCM’s 3.5 stars and #48 ranking.
FXCM counters with features some traders may value: it supports copy trading and offers cryptocurrency CFDs, while Fineco does not. Neither broker supports buying actual (delivered) crypto. Choose Fineco if you want wide market coverage and real share dealing; pick FXCM if copy trading or crypto CFDs are priorities alongside forex.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 440 | 9770 |
| Forex Pairs (Total) | 46 | 54 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FXCM vs Fineco: both brokers offer proprietary platforms with Windows desktop and web-based trading. FXCM adds MetaTrader 4 (MT4), copy trading, and the ability to place trades directly from charts, plus a free demo account for practice. Fineco also provides an in-house platform on desktop and web, but it does not support MT4 or MT5, does not offer copy trading, and does not include paper trading; it also lacks chart-based order entry. Neither broker supports MetaTrader 5.
When it comes to platform quality, ForexBrokers.com rates FXCM at 5 stars and ranks it 6th out of 63 brokers, while Fineco earns 4 stars and ranks 18th. Choose FXCM if you want a demo account, MT4, copy trading, and chart trading; pick Fineco if you prefer a broker’s own platform on desktop and web without social or simulated trading.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 115 | 37 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing FXCM vs Fineco for mobile trading, both brokers offer iPhone and Android apps and support price alerts for stocks and forex. FXCM’s mobile app holds a higher user rating at 4.5 stars versus Fineco’s 4 stars. In ForexBrokers.com’s Mobile Trading Apps ranking, FXCM places 16th out of 63 brokers, while Fineco ranks 43rd, signaling stronger overall mobile performance for FXCM.
FXCM offers deeper charting on the go, with 59 technical studies, the ability to draw trendlines, and automatic saving of drawings. It also syncs watchlists between the mobile app and your online account, so changes carry over across devices. Fineco’s app includes 6 technical studies, does not support trendline drawing or auto-saving chart annotations, and does not sync watchlists—factors traders may notice if they rely on detailed chart analysis and cross‑device continuity.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 59 | 6 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing FXCM vs Fineco for market research, FXCM offers more built-in features. FXCM provides daily market commentary (Fineco does not) and, like Fineco, streams forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Both brokers include an economic calendar to track upcoming events.
For research tools, FXCM stands out with Trading Central analytics and a sentiment tool that shows the ratio of long and short positions; Fineco does not offer these. Both brokers lack Autochartist. FXCM also includes research from TipRanks. Based on ForexBrokers.com, FXCM is rated 4.5/5 for Research and ranks 11th out of 63 brokers, while Fineco earns 4.0/5 and ranks 34th.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, both FXCM and Fineco host online educational webinars at least once a month and each provides at least 10 beginner-friendly videos that cover trading basics. These formats help new traders learn step by step. As you advance, FXCM offers 10+ advanced trading videos, while Fineco does not provide a similar volume of advanced content.
Independent reviews back up the gap in depth. ForexBrokers.com rates FXCM 4.5/5 for Education and ranks it #14 out of 63 brokers, while Fineco scores 4.0/5 and ranks #49. If you expect to grow from beginner to more advanced topics through video lessons, FXCM is stronger; for foundational webinars and beginner videos, both platforms deliver.
| Feature |
FXCM
|
Fineco
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXCM is better than Fineco. FXCM finished with an overall rank of #15, while Fineco finished with an overall rank of #25.
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
| Feature |
FXCM
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Fineco
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|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 94 |
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FXCM vs Fineco: neither broker lets you buy actual delivered cryptocurrency, but FXCM offers cryptocurrency CFDs while Fineco does not.
FXCM vs Fineco: FXCM supports ACH/SEPA, PayPal, Skrill, and bank wire deposits/withdrawals, whereas Fineco is confirmed for ACH/SEPA only and all other methods—including PayPal, Skrill, Visa/Mastercard, and bank wires—were not specified in the provided information.
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 | FXCM | Fineco | |
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| Trust Score | 95 | 94 | |
| Winner | check_circle | ||
| Review | FXCM Review | Fineco Review |
| Broker Screenshots | FXCM | Fineco | |
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| Regulation | FXCM | Fineco | |
|---|---|---|---|
| Trust Score | 95 | 94 | |
| Year Founded | 1999 | 1999 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | FXCM | 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) | 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) | FXCM | Fineco | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FXCM | Fineco | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 440 | 9770 | |
| Forex Pairs (Total) | 46 | 54 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FXCM | Fineco | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | No |
| Funding | FXCM | Fineco | |
|---|---|---|---|
| Minimum Deposit | Starts from $50 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FXCM | Fineco | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | FXCM | Fineco | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 115 | 37 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXCM | Fineco | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 59 | 6 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FXCM | Fineco | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FXCM | Fineco | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FXCM | Fineco | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FXCM Review | Fineco Review |
| Overall | FXCM | Fineco | |
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| Trust Score | 95 | 94 | |
| Winner | check_circle | ||
| Review | FXCM Review | Fineco Review |
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