Written by ForexBrokers.com
In this head to head comparison of IG 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.
IG and Fineco are both notable online brokers and banks, offering users a range of trading services. Established in 1974, IG has a long history and is publicly traded, similar to Fineco, which was founded in 1999. Both companies operate under strong regulatory frameworks. IG distinguishes itself with an impressive collection of eight Tier-1 licenses, showcasing a significantly higher level of trustworthiness according to ForexBrokers.com, compared to Fineco’s two Tier-1 licenses. Additionally, IG holds two Tier-2 licenses, while Fineco does not have any Tier-2 licenses.
When it comes to trust ratings, IG achieves a perfect score of 99 out of 99 on ForexBrokers.com, highlighting its strong reputation and regulatory compliance. Meanwhile, Fineco also enjoys a commendable trust rating of 94 out of 99. Both companies are publicly listed and provide a secure and reputable platform for online trading, supported by their status as banks. As broker firms, both IG and Fineco cater effectively to their clients, but IG’s higher number of regulatory licenses gives it an edge in regulatory trust factors.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Year Founded | 1974 | 1999 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | Yes | Yes |
| Tier-1 Licenses | 8 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
IG stands out on pricing for high-volume forex and CFD traders. On its spread-only CFD account, typical EUR/USD spreads were around 0.69 pips during main trading hours, widening off-hours, with a global monthly average near 0.98 pips (IG US averaged 1.18 pips). IG’s Forex Direct (DMA) account offers average raw spreads near 0.62 pips plus a tiered commission: about $60 per million at the base tier and as low as $20 per million round-turn for very large monthly volumes. At that top tier, the all-in cost is roughly 0.82 pips. There’s also a pro-only active-trader rebate on the CFD account that can cut spreads by 10%–20%, which in example scenarios can bring effective costs close to 0.60 pips. The DMA account requires a £1,000 minimum. IG’s Commissions and Fees rating: 5 stars; category rank: #8 of 63.
Fineco does not publish average spread data for forex and CFDs, making real-world costs harder to verify. The broker lists EUR/USD at 1.0 pip (and sometimes 0.8 pips), but these figures aren’t labeled as averages or tied to a date range, and they’re generally higher than what many leading forex brokers advertise on average. Fineco does appear to price index CFDs competitively, but overall fee transparency is limited compared to IG. Fineco’s Commissions and Fees rating: 3.5 stars; category rank: #52 of 63.
Bottom line: IG provides clearer, more competitive pricing paths—especially for active traders using DMA or qualifying for rebates—while Fineco’s forex costs are likely higher and less transparent. If low spreads and volume-based discounts matter, IG is the stronger pick; if you’re less price-sensitive and focus on indices, Fineco could still appeal.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Minimum Deposit | £250.00 | $0 |
| Average spread (EUR/USD) - Standard account | 0.98 | N/A |
| All-in Cost EUR/USD - Active | 0.82 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG vs Fineco: IG lists 19,537 tradeable instruments and 97 forex pairs, while Fineco offers 9,770 symbols and 54 pairs. Both brokers let you trade forex as CFDs or spot and both provide access to exchange-traded shares on U.S. markets (such as Apple) and on international exchanges (such as Vodafone). Neither platform supports copy trading.
Crypto is a key difference: IG lets clients buy actual cryptocurrency and also trade crypto via CFDs; Fineco does not offer either. Reflecting these differences, ForexBrokers.com rates IG 5 stars for Range of Investments and ranks it 4th out of 63 brokers, while Fineco earns 4.5 stars and ranks 17th. If you want the widest set of markets—especially more forex pairs and cryptocurrency options—IG has the edge; if you’re focused on share dealing across U.S. and global exchanges with a large, but smaller, product list, Fineco fits well.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 9770 |
| Forex Pairs (Total) | 97 | 54 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | Yes | 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.
IG and Fineco both provide proprietary platforms available on the web and as Windows desktop downloads, covering the basics for most traders. IG stands out with a free demo (paper) trading account and the ability to place trades directly from charts—useful for testing and quick execution—while Fineco does not offer paper trading or chart-trading. For third‑party tools, IG supports MetaTrader 4 (MT4), whereas Fineco does not; neither broker offers MetaTrader 5 (MT5). Copy trading isn’t available at either broker.
For trading platforms and tools, ForexBrokers.com rates IG at 5 stars and ranks it #2 out of 63 brokers, compared to Fineco’s 4 stars and #18 ranking. In short, IG is a better fit if you want a demo account, MT4 access, and trade‑from‑chart functionality, while Fineco suits traders comfortable using its in‑house platform across web and desktop.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 33 | 37 |
| Charting - Trade From Chart | Yes | No |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and Fineco both offer mobile trading apps for iPhone and Android, and each supports stock and forex price alerts. A key difference is watchlist syncing: IG syncs symbols between the app and your online account so changes carry over across devices, while Fineco does not. If you like a seamless workflow between desktop and mobile, IG has the edge here.
For charting, IG packs in 33 technical studies, plus you can draw trendlines that auto-save—handy for tracking setups over time. Fineco includes 6 studies and does not support trendline drawing or auto-saving. Reflecting these features, IG earns 5 stars and ranks #1 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Fineco holds 4 stars and ranks #43. In short, IG suits traders who rely on deeper chart tools and synced watchlists; Fineco works for simpler, on-the-go monitoring.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 33 | 6 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Comparing IG vs Fineco for market research, IG offers a fuller set of tools. IG provides daily market commentary, forex news from leading outlets like Bloomberg, Reuters, or Dow Jones, Autochartist for technical ideas, a sentiment tool showing long/short positioning, TipRanks research, Acuity Trading signals, and an economic calendar. IG does not include Trading Central. Fineco delivers forex news from top-tier sources and an economic calendar, but it lacks daily commentary, Autochartist, Trading Central, and a sentiment tool; TipRanks and Acuity Trading are not listed among its features.
Ratings reflect the gap: IG earns 5 stars for Research and ranks #2 out of 63 brokers at ForexBrokers.com, while Fineco holds 4.0 stars and ranks #34. If you want deep, built-in research and trading ideas, IG is the stronger pick. If you only need quality news and a calendar, Fineco can cover the basics.
| Feature |
IG
|
Fineco
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing IG vs Fineco on education, both brokers make it easy to start learning. Each runs online client webinars at least once a month and offers at least 10 beginner-friendly videos that explain core trading ideas, including how forex and CFDs work, basic strategies, and platform how-tos. This mix of videos and regular webinars helps newcomers build skills step by step.
If you plan to grow beyond the basics, IG provides at least 10 advanced trading videos, while Fineco does not meet that level for advanced topics. That difference shows up in independent ratings: IG earns 5 stars for Education and ranks #1 out of 63 brokers at ForexBrokers.com, whereas Fineco scores 4.0 stars and ranks #49. In short, both are beginner-friendly, but IG offers a deeper path as your knowledge expands.
| Feature |
IG
|
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 IG is better than Fineco. IG finished with an overall rank of #1, while Fineco finished with an overall rank of #25.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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Fineco
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|---|---|---|
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| Trust Score | 99 | 94 |
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IG vs Fineco: IG lets you buy actual (delivered) cryptocurrency and trade cryptocurrency CFDs, while Fineco offers neither actual crypto purchases nor crypto CFD trading.
IG vs Fineco: both online brokers support ACH/SEPA and bank wire deposits/withdrawals; IG also supports PayPal while Fineco does not; neither supports Skrill; and Visa/Mastercard availability is not specified for either broker.
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 | IG | Fineco | |
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| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | IG Review | Fineco Review |
| Broker Screenshots | IG | Fineco | |
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| Regulation | IG | Fineco | |
|---|---|---|---|
| Trust Score | 99 | 94 | |
| Year Founded | 1974 | 1999 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | Yes | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | IG | Fineco | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | IG | Fineco | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | Fineco | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 9770 | |
| Forex Pairs (Total) | 97 | 54 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | Yes | 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 | IG | Fineco | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | 0.82 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | No |
| Funding | IG | Fineco | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | IG | Fineco | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | IG | Fineco | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Price Alerts | Yes | No | |
| Charting - Indicators / Studies (Total) | 33 | 37 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | 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 | 33 | 6 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | Fineco | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IG | Fineco | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IG | Fineco | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review | Fineco Review |
| Overall | IG | Fineco | |
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| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | IG Review | Fineco Review |
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