Markets.com vs Fineco Bank Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Markets.com vs Fineco Bank.
Does Markets.com or Fineco Bank offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Markets.com
offers better pricing overall for traders.
Is Markets.com or Fineco Bank safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Markets.com and Fineco Bank hold 2 global Tier-1 licenses. Markets.com holds 2 global Tier-2 licenses, while Fineco Bank holds 0. In our analysis of 23 international regulators across 50 brokers, Markets.com earned a higher Trust Score than Fineco Bank.
Which trading platform is better: Markets.com or Fineco Bank?
To compare the trading platforms of both Markets.com and Fineco Bank, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco Bank offers a better experience. With research, Markets.com offers superior market research. Finally, we found Markets.com to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
How many forex pairs and CFDs are available to trade?
Markets.com provides traders 57 currency pairs (e.g., EUR/USD) compared to Fineco Bank's 54 available pairs. Forex pairs aside, Markets.com offers traders access to 2179 CFDs while Fineco Bank has 126 available CFDs, a difference of 2053.
Can I trust Markets.com?
Markets.com is publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). Markets.com is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Can I trust Fineco Bank?
Fineco is publicly traded and does operate a bank. Fineco is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Fineco is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is Markets.com good?
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
Is Fineco Bank good?
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.
Overall winner: Markets.com
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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.