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Swissquote vs FinecoBank 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Swissquote vs FinecoBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Swissquote
4.5/5 Stars Overall
  • Minimum Deposit: $1000
  • Trust Score: 99
  • Tradeable Symbols (Total): 472
FinecoBank
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 9770

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.

Regulation

Swissquote, established in 1996, and FinecoBank, founded in 1999, are both publicly traded companies listed on stock exchanges and operate as banks. When comparing their regulatory standings, Swissquote holds a remarkably high position with five Tier-1 licenses and two Tier-2 licenses. FinecoBank, while also maintaining trust, possesses two Tier-1 licenses. In terms of overall trustworthiness, as gauged by ForexBrokers.com, Swissquote achieves the maximum Trust Score rating of 99, placing it in the highly trusted category.

FinecoBank, with a Trust Score rating of 94, is also considered highly trusted but just falls short of Swissquote's score. The difference in Tier-1 and Tier-2 licenses further highlights Swissquote's extensive regulatory oversight compared to FinecoBank. Both options are reliable, yet Swissquote's regulatory credentials and slightly higher trust rating provide a notable advantage for those prioritizing security and compliance in online trading.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Year Founded info 1996 1999
Publicly Traded (Listed) info Yes Yes
Bank info Yes Yes
Tier-1 Licenses info 5 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0

Fees

When it comes to understanding the commissions and fees of Swissquote, the allure lies in the prestige of being part of a Swiss banking institution, albeit at a higher price point. Swissquote's trading costs, which vary across its U.K., Swiss, and Luxembourg branches, are generally less competitive compared to the cheapest forex brokers. The U.K. branch offers lower fees and a reduced deposit threshold with narrower product options. For a more cost-effective trading experience, the Elite account at Swissquote U.K. is the best choice for active traders who can deposit at least $10,000, with a $5 charge per round-turn trade. Conversely, the Standard account, with EUR/USD spreads starting at 1.3 pips, may not be as attractive for those seeking low costs.

FinecoBank, on the other hand, doesn't provide granular average spread data, which makes it challenging to pinpoint exact trading costs. However, it lists a spread of 1 pip for the EUR/USD, which is relatively higher than most forex brokers. While Fineco mentions a spread of 0.8 pips, the absence of average value clarification and date range for these figures adds to the opacity. Scores suggest Fineco may offer slightly better spreads on index CFDs compared to forex transactions.

In a broader competitive context, both Swissquote and FinecoBank receive a 3.5-star rating for their commissions and fees structures. Regarding their standings among 63 brokers ranked by ForexBrokers.com, Swissquote falls slightly behind at #53, while FinecoBank secures the #51 position. This subtle difference in rankings can influence traders who prioritize cost-effectiveness in their broker selection process.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Minimum Deposit info $1000 $0
Average Spread EUR/USD - Standard info N/A info N/A info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes Yes
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the range of investments available at Swissquote and FinecoBank, both brokers offer forex trading through CFDs or spot contracts. However, FinecoBank stands out with 9,770 tradeable symbols compared to Swissquote's 472. Despite FinecoBank’s broader array of tradeable symbols, Swissquote offers a greater selection of forex pairs with 80 options versus FinecoBank’s 54. Both platforms provide access to U.S. and international exchange-traded securities, allowing traders to acquire shares from renowned companies like Apple and Vodafone.

Moreover, Swissquote offers additional features like copy trading and the ability to purchase actual cryptocurrencies, whereas FinecoBank doesn’t. FinecoBank also doesn't provide cryptocurrency derivatives, unlike Swissquote, which does. In terms of ratings, Swissquote is heralded with a 5-star rating for its range of investments, placing it second out of 63 brokers on ForexBrokers.com, while FinecoBank earns a 4.5-star rating, coming in sixteenth. This distinction highlights Swissquote's strong position for users seeking diverse investment opportunities and advanced features.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 9770
Forex Pairs (Total) info 80 54
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

When comparing Swissquote and FinecoBank for their trading platforms and tools, Swissquote offers a wider range of features that cater to various types of traders. For those interested in simulated trading, Swissquote provides a free virtual demo account, which FinecoBank does not. Both brokers offer proprietary platforms and Windows-based desktop interfaces, alongside web-based platforms for browser access. However, Swissquote extends its platform offerings with the inclusion of MetaTrader 4 (MT4) and MetaTrader 5 (MT5), unlike FinecoBank. Furthermore, Swissquote supports copy trading, providing more opportunities for traders who wish to mirror strategies, while this feature is lacking in FinecoBank.

In terms of charting capabilities, Swissquote stands out by offering a substantial set of 75 drawing tools, while FinecoBank lags behind with just 7. Swissquote further enhances trading convenience by enabling users to trade directly from stock charts, a feature not available with FinecoBank. When it comes to organizing trading information, Swissquote provides up to 11 fields for watch lists, though this feature is not specified for FinecoBank. Ratings reflect these differences, with Swissquote earning 4.5 out of 5 stars for its trading platforms and tools, surpassing FinecoBank's 4 stars. Ranking among 63 brokers, Swissquote secures the 12th position, while FinecoBank is positioned at 18th. Swissquote's platform and tools offerings make it a more comprehensive choice for traders seeking versatile and advanced trading options.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Virtual Trading (Demo) info Yes No
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 86 37
Charting - Drawing Tools (Total) info 75 7
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 11 N/A
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When comparing the mobile trading apps of Swissquote and FinecoBank, both platforms provide apps for iPhone and Android users, alongside essential features such as stock and forex price alerts. However, Swissquote sets itself apart with a more comprehensive charting experience, offering 30 technical studies compared to FinecoBank's six. Additionally, Swissquote's app allows users to draw trendlines and automatically save these drawings, enhancing its usability for traders who rely on visual tools to make critical decisions. Both apps allow viewing multiple time frames but differ in their handling of real-time watchlists — Swissquote makes it possible, whereas FinecoBank does not.

Ratings from ForexBrokers.com further highlight the differences in user satisfaction, granting Swissquote's app a rating of 4.5 stars and a ranking of 12th out of 63 brokers for mobile trading apps. On the other hand, FinecoBank's app holds a respectable four-star rating but falls behind with a 42nd-place ranking. This suggests Swissquote might be the preferred choice for those who prioritize advanced charting features and real-time functionalities in mobile trading solutions.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

When comparing Swissquote and FinecoBank for market research features, both brokers provide valuable resources, but some differences stand out. Swissquote offers daily market commentary alongside forex news from renowned sources like Bloomberg and Reuters. Additionally, it features technical analysis tools from Autochartist and an economic calendar with global events. On the other hand, FinecoBank provides reputable forex news as well as an economic calendar, though it lacks daily market commentary and tools from Autochartist.

In terms of research quality, Swissquote and FinecoBank both receive favorable ratings, each earning 4 out of 5 stars. However, Swissquote holds a higher position, ranking 16th among 63 brokers according to ForexBrokers.com, while FinecoBank is ranked 33rd. This suggests that while both platforms are competent, Swissquote edges ahead in the market research category due to its broader range of available tools and commentary.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info No No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources for beginners between Swissquote and FinecoBank, there are some notable differences. Swissquote provides a comprehensive suite for newbies, offering more than ten educational pieces focused on forex or CFDs. In contrast, FinecoBank lacks this specific content for beginners in forex or CFDs. Both brokers hold monthly online educational webinars, although only Swissquote offers a searchable archive of past webinars, allowing users to catch up on any missed sessions at their convenience. While both brokers cater to beginners with at least ten introductory videos, Swissquote also extends its offerings to advanced traders with additional advanced educational content.

In terms of extra resources, both brokers present an investor dictionary that contains over 50 investing terms, assisting beginners in grasping the language used in trading. The overall educational ratings reflect these offerings, with both Swissquote and FinecoBank earning a solid 4-star rating. However, when it comes to rankings by ForexBrokers.com, Swissquote holds a more favorable position at #21, compared to FinecoBank's position at #49 out of 63 brokers. This indicates Swissquote's broader and more in-depth approach to education, particularly beneficial for those eager to delve into both beginner and advanced trading topics.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Swissquote is better than FinecoBank. Swissquote finished with an overall rank of #11, while FinecoBank finished with an overall rank of #25.

Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.

Feature Swissquote logoSwissquote
FinecoBank logoFinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 99 94
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Swissquote or FinecoBank?

When comparing online brokers Swissquote and FinecoBank, Swissquote stands out as it allows investors to buy both actual delivered cryptocurrency and cryptocurrency derivatives, whereas FinecoBank does not offer the option to buy actual delivered cryptocurrency or cryptocurrency derivatives.

What funding options does each broker offer?

Both Swissquote and FinecoBank provide ACH or SEPA transfers and bank wires for depositing or withdrawing account funds, but only Swissquote supports PayPal, Skrill, and Visa or Mastercard options, making it more versatile for users seeking varied funding methods.




announcementPlease 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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Compare

0 of 5
Overall Rating Swissquote FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 94
Winner check_circle
Review Swissquote Review FinecoBank Review
Broker Screenshots Swissquote FinecoBank
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Swissquote FinecoBank
Trust Score info 99 94
Year Founded info 1996 1999
Publicly Traded (Listed) info Yes Yes
Bank info Yes Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 5 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0
Tier-1 Licenses (Highly Trusted) Swissquote FinecoBank
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info Yes No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info Yes No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Swissquote FinecoBank
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Swissquote FinecoBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 472 9770
Forex Pairs (Total) info 80 54
U.S. Stock Trading (Non CFD) info Yes Yes
Int'l Stock Trading (Non CFD) info Yes Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info 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 Swissquote FinecoBank
Average Spread EUR/USD - Standard info N/A info N/A info
All-in Cost EUR/USD - Active info N/A info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info Yes No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes No
Funding Swissquote FinecoBank
Minimum Deposit info $1000 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes Yes
Trading Platforms Swissquote FinecoBank
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Swissquote FinecoBank
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 11 N/A
Charting - Indicators / Studies (Total) info 86 37
Charting - Drawing Tools (Total) info 75 7
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading Swissquote FinecoBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes No
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Swissquote FinecoBank
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info No No
Economic Calendar info Yes Yes
Education Swissquote FinecoBank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Swissquote FinecoBank
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Swissquote Review FinecoBank Review
Overall Swissquote FinecoBank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 3.5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4/5 Stars 4.0/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 99 94
Winner check_circle
Review Swissquote Review FinecoBank Review
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