Written by ForexBrokers.com
In this head to head comparison of Fineco vs GBE brokers, 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 and GBE Brokers both cater to traders looking for online brokerage services, but they differ significantly in terms of trust, regulation, and history. Established in 1999, Fineco is a publicly traded bank with a solid reputation. It holds two Tier-1 licenses, which are highly respected in the industry, contributing to its impressive ForexBrokers.com Trust Score of 94, indicating it is highly trusted. In contrast, GBE Brokers, founded in 2013, is not publicly traded and does not have bank status, yet it still holds one Tier-1 license, giving it a Trust Score of 71—a reflection of an average risk rating.
When considering trust and regulatory oversight, Fineco stands out due to its long-standing history in the market and being a publicly traded entity. This inherently provides increased transparency and accountability. While both brokers hold Tier-1 licenses, Fineco's higher number of licenses and superior Trust Score sets it apart as a more trusted choice according to ForexBrokers.com standards. As such, traders seeking a broker with a deeply rooted and regulated framework may find Fineco's profile more appealing compared to the relatively newer GBE Brokers.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Year Founded | 1999 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When it comes to comparing Fineco and GBE brokers based on their commissions and fees, there are some notable differences to consider. Fineco does not provide average spread data for forex and CFD trading, making it challenging to gauge true trading costs. They list spreads of 1 pip and 0.8 pips for the EUR/USD pair, but these figures are not confirmed as averages nor are they tied to specific time frames. On the positive side, Fineco appears to offer competitive spreads on index CFDs. Despite these limitations, Fineco earns a 3.5-star rating in the commissions and fees category.
In contrast, GBE brokers also do not offer average spread data, which may leave traders wanting more clarity. However, GBE brokers receive a higher rating of 4 stars for commissions and fees. This could suggest a more favorable cost structure compared to Fineco even in the absence of detailed spread information. Traders might find GBE brokers to be a more appealing choice if seeking potential cost savings.
Looking at their rankings among 63 brokers on ForexBrokers.com for the Commissions and Fees category, GBE brokers stand at #37. Fineco, on the other hand, is ranked further down at #51. These rankings imply that traders might find GBE to be a more cost-effective option, especially considering the higher star rating it has been awarded for its commissions and fees.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $0 | $500 |
| 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 | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| 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 the range of investments offered by Fineco and GBE Brokers, Fineco clearly stands out with a significantly larger variety. Fineco offers access to a broad spectrum of 9,770 tradable symbols and 54 forex pairs, allowing clients to invest in a wide diversity of markets. In addition, Fineco provides options for buying exchange-traded securities on both U.S. and international exchanges, which means customers can directly invest in renowned companies like Apple and Vodafone. However, Fineco does not offer copy trading or cryptocurrency derivatives.
GBE Brokers offers a focused selection with a total of 500 tradable symbols, slightly edging out Fineco with 71 forex pairs. While GBE Brokers does not provide direct access to exchange-traded securities, it distinguishes itself with the option for copy trading and the availability of cryptocurrency derivatives. In terms of independent ratings, Fineco receives a higher rating of 4.5 stars and is ranked 16th out of 63 brokers for its range of investments, whereas GBE Brokers garners 3.5 stars and a ranking of 44th, reflecting its more specialized offerings.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 500 |
| Forex Pairs (Total) | 54 | 71 |
| 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 GBE Brokers in terms of trading platforms and tools, both have unique strengths worth considering. Fineco shines with its proprietary platform that allows for a tailored trading experience, along with a desktop and web-based platform that's accessible for traders seeking diverse options. However, it does lack the option for MetaTrader 4 and 5, which are widely embraced by traders for their comprehensive charting and customization features. Traders with Fineco do not have access to practice trading through a demo account, which could be a drawback for those looking to test strategies risk-free. Conversely, GBE Brokers accommodates with MetaTrader 4 and 5, and offers a demo account for paper trading—the latter is particularly handy for beginners or anyone wanting to trial their trading methods before diving into live markets.
GBE Brokers stands out for those interested in copy trading, which Fineco does not offer. While both brokers provide a Windows-based downloadable platform and a web trading platform, GBE Brokers takes it a step further by offering more drawing tools for charting, and the added ability to trade directly from stock charts—a feature unavailable with Fineco. Additionally, GBE Brokers presents a more detailed watch list capability. Despite these differences, the brokers share the same rating for trading platforms and tools, each earning 4 out of 5 stars. However, Fineco's #18 ranking by ForexBrokers.com underscores its competitive edge in platform sophistication compared to GBE's #57 rank. For traders, the choice between these brokers might come down to specific trading needs, such as the desire for proprietary software versus the flexibility of popular third-party platforms and enhanced charting tools.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary 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 |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Drawing Tools (Total) | 7 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Fineco and GBE Brokers provide options for iPhone and Android users, complete with essential features like stock or forex price alerts. However, there are key differences. Fineco offers a charting experience with six technical studies, although users cannot draw trendlines or save their chart annotations. Additionally, Fineco's app lacks the ability to create watchlists with real-time quotes or sync them with online accounts, a limitation shared with GBE Brokers.
GBE Brokers, on the other hand, stands out with the ability to apply and save trendlines on charts, a broader selection of 30 technical studies, and the option to create watchlists featuring real-time quotes. Neither app allows for synchronizing watchlist symbols between mobile and online platforms, yet both let you view multiple time frames for stocks and forex charts. Despite both apps receiving a solid four-star rating, Fineco ranks higher at #42 compared to GBE Brokers' #57 in ForexBrokers.com's Mobile Trading Apps category, perhaps due to their differing sets of features.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the research offerings of Fineco and GBE Brokers, traders will find distinct differences in the services provided. Fineco stands out by offering forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones, providing traders with high-quality insights into market movements. Meanwhile, GBE Brokers does not provide this level of forex news coverage. However, GBE Brokers compensates with unique features such as a sentiment-based trading tool, allowing traders to see ratios of long or short positions across various currency pairs, which Fineco does not offer. Both platforms provide access to an economic calendar, keeping users informed about global news events.
In terms of daily market commentary, GBE Brokers offers insights that traders may find valuable for staying updated with market trends, whereas Fineco does not provide this service. Despite these differences, neither broker provides tools from Autochartist, Trading Central, or Acuity Trading, or offers research from TipRanks. Fineco is rated higher for research with a 4.0-star rating compared to GBE Brokers’ 3-star rating, and is ranked #33 out of 63 brokers by ForexBrokers.com, significantly ahead of GBE Brokers' rank of #62.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| 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 in forex or CFDs trading, Fineco stands out from GBE brokers. Fineco offers monthly online educational webinars for clients. This is a valuable resource for anyone looking to deepen their understanding of trading in real-time with expert guidance. Although neither Fineco nor GBE brokers meet the threshold of providing at least ten educational pieces such as articles or videos about forex or CFDs, Fineco does offer a collection of beginner-focused videos on trading topics, providing an excellent start for newcomers.
Fineco also enhances its educational offerings with an investor dictionary featuring over 50 terms, aiding beginners in grasping essential trading concepts. Unfortunately, GBE brokers does not provide these resources, either in the form of webinars or a comprehensive dictionary. As a result, Fineco receives a higher educational rating of 4 out of 5 stars compared to GBE brokers' 3 stars. According to ForexBrokers.com, Fineco ranks 49th out of 63 brokers for their educational resources, whereas GBE brokers come in at 63rd place, reflecting Fineco's more beginners-friendly approach.
| Feature |
Fineco
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | 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 GBE brokers. Fineco finished with an overall rank of #25, while GBE brokers finished with an overall rank of #57.
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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GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 71 |
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When comparing Fineco and GBE brokers regarding cryptocurrency offerings, Fineco does not provide options for buying actual cryptocurrency or cryptocurrency derivatives, while GBE brokers do not offer actual cryptocurrency purchases but do allow customers to invest in cryptocurrency derivatives.
Fineco and GBE brokers both support ACH and SEPA transfers as well as bank wires for depositing or withdrawing account funds, but while GBE brokers additionally offers PayPal, Skrill, and Visa/Mastercard options, Fineco does not provide these payment 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 | Fineco | GBE brokers | |
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| Trust Score | 94 | 71 | |
| Winner | check_circle | ||
| Review | Fineco Review |
| Broker Screenshots | Fineco | GBE brokers | |
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| Regulation | Fineco | GBE brokers | |
|---|---|---|---|
| Trust Score | 94 | 71 | |
| Year Founded | 1999 | 2013 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Fineco | GBE brokers | |
|---|---|---|---|
| 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) | 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) | Fineco | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Fineco | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 500 | |
| Forex Pairs (Total) | 54 | 71 | |
| 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 | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $0 | $500 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| 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 | Fineco | GBE brokers | |
|---|---|---|---|
| Proprietary 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 | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Fineco | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Drawing Tools (Total) | 7 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | GBE brokers | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Fineco | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Fineco | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | Fineco | GBE brokers | |
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| Trust Score | 94 | 71 | |
| Winner | check_circle | ||
| Review | Fineco Review |
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