Fineco Bank vs Moneta Markets 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 Fineco Bank vs Moneta Markets.
Does Fineco Bank or Moneta Markets 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, Moneta Markets
offers better pricing overall for traders.
Is Fineco Bank or Moneta Markets 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 Fineco Bank and Moneta Markets hold 1 global Tier-1 licenses. Moneta Markets holds 1 global Tier-2 licenses, while Fineco Bank holds 0. In our analysis of 23 international regulators across 50 brokers, Fineco Bank earned a higher Trust Score than Moneta Markets.
Which trading platform is better: Fineco Bank or Moneta Markets?
To compare the trading platforms of both Fineco Bank and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco Bank offers a better experience. With research, Fineco Bank offers superior market research. Finally, we found Moneta Markets 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?
Fineco Bank and Moneta Markets offer traders the same number of currency pairs, 54. Forex pairs aside, Moneta Markets offers traders access to 965 CFDs while Fineco Bank has 126 available CFDs, a difference of 839.
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).
Can I trust Moneta Markets?
Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulator (low trust). Moneta Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
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.
Is Moneta Markets good?
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
Overall winner: Fineco Bank
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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.