Written by ForexBrokers.com
In this head to head comparison of Fineco vs iFOREX, 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 iFOREX are two seasoned players in the realm of online brokerage, founded in 1999 and 1996 respectively. Fineco stands out as it is publicly traded and operates as a bank, offering an additional sense of security for investors. In contrast, iFOREX is a private entity and does not hold bank status. Evaluating their regulatory credentials, Fineco impresses with two Tier-1 licenses, which are highly trusted, whereas iFOREX holds just one Tier-1 license. They both lack Tier-2 licenses, suggesting iFOREX's trust level is further accentuated by Fineco’s superior regulatory standing.
Trust is a crucial factor when choosing a broker, and according to ForexBrokers.com, Fineco earns a stellar Trust Score of 94 out of 99, placing it in the highly trusted category. On the other hand, iFOREX scores 75, indicating an average risk level. These scores highlight the substantial difference in trust ratings between the two, with Fineco's public trading status and banking operations further enhancing its appeal to investors seeking reliable and secure brokerage services.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Year Founded | 1999 | 1996 |
| 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 |
Comparing commissions and fees at Fineco vs iFOREX: Fineco earns 3.5 out of 5 stars and ranks #52 of 63 brokers for this category on ForexBrokers.com, while iFOREX earns 3 stars and ranks #62 of 63. Both brokers provide limited transparency on average spreads, which makes it harder to pin down real-world trading costs.
Fineco does not publish average spread data for forex or CFD trading. The broker lists EUR/USD spreads at 1.0 pip and, in another place, 0.8 pips, but neither figure is labeled as an average or tied to a date range. That uncertainty aside, Fineco appears to offer lower spreads on its index CFDs.
iFOREX also does not publish average spread data, so it’s difficult to estimate typical costs across forex and CFDs. Given the lower star rating and ranking, iFOREX trails Fineco on this measure, but the actual price you pay will still depend on the current spread at the time you trade.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Fineco vs iFOREX: both brokers let you trade forex as CFDs or spot, but their overall market coverage differs. Fineco lists about 9,770 tradeable symbols, far more than iFOREX’s 750. That said, iFOREX offers more currency pairs (88 vs Fineco’s 54), which can appeal to forex-focused traders. If you want a wider mix of markets beyond FX, Fineco’s catalogue is larger.
When it comes to shares, Fineco offers exchange-traded securities on U.S. and international exchanges, so you can buy stocks like Apple (NASDAQ: AAPL) or Vodafone (LSE: VOD) directly. iFOREX does not offer exchange-traded shares. For crypto, neither broker provides actual coins, but iFOREX does offer cryptocurrency CFDs, while Fineco does not. Neither supports copy trading. For Range of Investments, ForexBrokers.com rates Fineco 4.5/5 stars (ranked #17 of 63) and iFOREX 3.5/5 stars (ranked #42 of 63).
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 750 |
| Forex Pairs (Total) | 54 | 88 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Fineco vs iFOREX: both brokers offer proprietary trading platforms and browser-based trading, but neither provides a free demo (paper) account, copy trading, or MetaTrader 4/5. A key difference is desktop access—Fineco offers a Windows download platform, while iFOREX is web-only. In independent testing, each earned 4 out of 5 stars for Trading Platforms and Tools; however, Fineco ranks higher overall at #18 of 63 brokers on ForexBrokers.com, compared with iFOREX at #55.
For charting and order entry, iFOREX supports trading directly from charts, while Fineco does not. The number of built-in technical indicators and the available watch list columns were not disclosed for either broker. If you prefer a desktop platform alongside the web, Fineco could be the better fit; if placing orders straight from charts matters most, iFOREX has the edge.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Virtual Trading (Demo) | No | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 37 | 57 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Fineco and iFOREX both offer mobile trading on iPhone and Android, so you can trade on the go no matter your device. Fineco stands out by supporting price alerts for stocks and forex, while iFOREX does not. Neither app syncs watchlists between the mobile app and the online account, and both lack trendline drawing and auto‑saving of chart drawings.
For charting, Fineco includes six technical studies in its mobile app; iFOREX does not list an in‑app study count. Both apps earn 4 out of 5 stars for mobile trading, but in ForexBrokers.com’s 63‑broker rankings, Fineco places 43rd while iFOREX comes in at 56th—giving Fineco a slight edge for traders who want in‑app price alerts and a few more chart indicators.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | N/A |
| Mobile Charting - Draw Trendlines | No | No |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
For market research, Fineco earns 4.0 stars (ranked #34 of 63 by ForexBrokers.com), while iFOREX scores 3.5 stars (ranked #49). Fineco stands out for providing forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus an economic calendar. However, it does not offer daily market commentary, Trading Central tools, Autochartist, or a sentiment-based trading tool. iFOREX, on the other hand, delivers daily market commentary, Trading Central analysis, a sentiment tool, and an economic calendar, but it does not include top-tier news feeds. Availability of TipRanks or Acuity Trading tools is not specified for either broker.
In simple terms: choose Fineco if you want high-quality institutional news to track headlines and fundamentals; pick iFOREX if you prefer daily insights, built-in trading signals from Trading Central, and a sentiment gauge to see how others are positioned.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | No | Yes |
| TipRanks | ||
| Acuity Trading | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing Fineco vs iFOREX education, both brokers offer video-based learning with at least 10 beginner videos that explain trading basics in simple terms. Fineco stands out by running live client webinars at least once a month, which can help you ask questions and learn in real time; iFOREX does not offer monthly webinars. If you plan to grow beyond the basics, note that neither broker provides a large library of advanced videos for experienced traders.
Independent ratings reflect this edge for newcomers: Fineco earns 4.0 stars for Education and ranks #49 out of 63 brokers at ForexBrokers.com, while iFOREX scores 3.5 stars and ranks #53 out of 63. In short, choose Fineco if you value regular webinars alongside beginner videos; pick iFOREX if you mainly want self-paced beginner videos without live sessions.
| Feature |
Fineco
|
iFOREX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 iFOREX. Fineco finished with an overall rank of #25, while iFOREX finished with an overall rank of #52.
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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iFOREX
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| Overall Rating |
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| Trust Score | 94 | 75 |
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Fineco vs iFOREX: neither broker lets you buy actual delivered cryptocurrencies, but while iFOREX does offer cryptocurrency CFD trading, Fineco provides neither real-crypto purchases nor crypto CFDs.
Fineco vs iFOREX: among online brokers, Fineco supports ACH/SEPA bank transfers for deposits and withdrawals while iFOREX does not; no details were provided on PayPal, Skrill, Visa/Mastercard, or bank wire 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 | iFOREX | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | Fineco Review |
| Broker Screenshots | Fineco | iFOREX | |
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| Broker Gallery (click to expand) |
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| Regulation | Fineco | iFOREX | |
|---|---|---|---|
| Trust Score | 94 | 75 | |
| Year Founded | 1999 | 1996 | |
| 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 | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
|---|---|---|---|
| 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 | iFOREX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 750 | |
| Forex Pairs (Total) | 54 | 88 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | iFOREX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Fineco | iFOREX | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Fineco | iFOREX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Fineco | iFOREX | |
|---|---|---|---|
| Virtual Trading (Demo) | No | No | |
| Price Alerts | No | No | |
| Charting - Indicators / Studies (Total) | 37 | 57 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Fineco | iFOREX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | N/A | |
| Mobile Charting - Draw Trendlines | No | No | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Fineco | iFOREX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | |||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | iFOREX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Fineco | iFOREX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Fineco Review |
| Overall | Fineco | iFOREX | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | Fineco Review |
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