Written by ForexBrokers.com
In this head to head comparison of Fineco vs TopFX, 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.
Founded in 1999, Fineco stands as a well-established online broker with a strong reputation in the financial market. As a publicly traded company and a fully licensed bank, Fineco holds two Tier-1 licenses, reflecting a high level of trust and security. With a ForexBrokers.com Trust Score of 94, Fineco is considered highly trusted by industry standards, providing clients with a secure platform for their trading activities.
In contrast, TopFX, founded in 2010, offers a different proposition as a non-publicly traded broker that is not a bank. It holds one Tier-1 license, giving it a moderate level of trust within the industry. With a Trust Score of 67, TopFX falls into the high-risk category according to ForexBrokers.com evaluations. Traders considering TopFX should factor in these risk considerations when making investment decisions.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Year Founded | 1999 | 2010 |
| 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, TopFX generally looks more competitive and transparent than Fineco for forex trading costs. Fineco earns 3.5 out of 5 stars and ranks #52 of 63 for Commissions and Fees at ForexBrokers.com, while TopFX scores 4 out of 5 stars and ranks #41 of 63.
Fineco does not publish average spread data for forex or CFDs, which makes it hard to gauge real trading costs. It lists EUR/USD spreads of 1.0 pip and 0.8 pips, but neither figure is presented as an average or tied to a date range. Fineco does appear to offer lower spreads on some index CFDs, but the lack of verified averages limits price clarity. (Rating: 3.5/5; Rank: #52/63.)
TopFX offers two pricing models on MetaTrader and cTrader. The RAW account charges a 2.75 EUR commission per side (5.50 EUR round turn) and showed a 0.33-pip average spread on EUR/USD in July 2024; with the commission equivalent of about 0.55 pips, the all-in cost is roughly 0.88 pips, around the industry average. The ZERO account is commission-free with higher average spreads of 1.03 pips on EUR/USD for July 2024. (Rating: 4/5; Rank: #41/63.)
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Minimum Deposit | $0 | Depends on payment method |
| Average Spread EUR/USD - Standard | N/A | 1.03 |
| All-in Cost EUR/USD - Active | N/A | 0.88 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco and TopFX both support forex trading as CFDs and spot contracts, but their range of investments differs a lot. Fineco lists 9,770 tradeable symbols versus 655 at TopFX, and while TopFX offers slightly more forex pairs (60 vs. 54), Fineco stands out by giving access to exchange-traded securities on both U.S. and international exchanges—so you can buy shares like Apple and Vodafone directly. Neither broker lets you buy actual cryptocurrency, but TopFX offers cryptocurrency derivatives and copy trading, which Fineco does not.
If you want a wide multi-asset selection with real stocks across global markets, Fineco is the stronger fit. If your focus is forex pairs, copy trading, and crypto derivatives, TopFX may appeal. Reflecting this, Fineco is rated 4.5/5 stars for Range of Investments and ranks 17th out of 63 brokers at ForexBrokers.com, while TopFX holds 3.5/5 stars and ranks 47th.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 655 |
| Forex Pairs (Total) | 54 | 60 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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 and TopFX both offer Windows desktop and web-based trading, but they differ in key ways. If you want a free demo to practice, TopFX offers simulated paper trading while Fineco does not. Fineco provides its own in-house platform, whereas TopFX relies on third-party options and supports MetaTrader 4 (MT4). Copy trading is available at TopFX but not at Fineco.
Traders who like to place orders straight from charts will find that TopFX supports this, while Fineco does not. Neither broker offers MetaTrader 5 (MT5). In ForexBrokers.com’s Trading Platforms and Tools category, both earn 4 stars, with Fineco ranked #18 out of 63 brokers and TopFX ranked #46. In short, Fineco suits those who want a proprietary platform experience, while TopFX appeals to traders who value a free demo, MT4 access, copy trading, and chart-based order entry.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Fineco and TopFX both deliver iPhone and Android apps with price alerts, making it easy to track markets on the go. Each earns a 4-star Mobile Trading Apps rating from ForexBrokers.com, though Fineco ranks higher overall (#43 out of 63) than TopFX (#52 out of 63). One notable limitation shared by both brokers is the lack of watchlist symbol syncing between the mobile app and the online account.
If charting tools are your priority, TopFX pulls ahead. It offers 30 technical studies, supports drawing trendlines, and auto-saves your annotations. Fineco is more pared back with 6 technical studies, no trendline drawing, and no auto-save for drawings. In short, TopFX is better for deeper chart work on your phone, while Fineco suits traders who want straightforward monitoring and alerts.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
| Mobile Watchlist [DELETED] |
Dive deeper: Best Forex Trading Apps.
In this Fineco vs TopFX market research comparison, both brokers skip daily market commentary but deliver forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Each one also includes an economic calendar to track key events, which helps traders plan around market-moving announcements.
The major difference comes down to tools. TopFX includes Autochartist, Trading Central analytics, and a sentiment tool that shows the ratio of long vs. short positions—features Fineco does not offer. That said, Fineco scores higher overall for research at 4.0 stars and ranks #34 out of 63 brokers, while TopFX holds 3 stars and ranks #61. Details about TipRanks and Acuity Trading integrations were not specified for either broker. Choose Fineco if you prioritize higher-rated research and premium news, or pick TopFX if you want built-in third‑party analysis and sentiment data.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| 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-friendly education, Fineco pulls ahead of TopFX. Fineco runs monthly client webinars and offers at least 10 beginner-focused trading videos, giving new traders a clear path to start learning. TopFX does not host monthly education webinars and does not meet the 10-video threshold for beginner topics. Neither broker currently has 10 or more advanced-level videos. This shows in their scores: Fineco holds 4.0/5 stars for Education and ranks 49th out of 63 brokers on ForexBrokers.com, while TopFX is rated 3/5 stars and ranks 62nd.
Some details weren’t specified for either broker: whether they each have a 10+ piece forex/CFD education library, a searchable archive of past webinars, or an investor dictionary with 50+ terms. If live sessions and beginner videos matter most, Fineco is the stronger pick. If you’re leaning toward TopFX, plan to supplement with outside learning materials.
| Feature |
Fineco
|
TopFX
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 TopFX. Fineco finished with an overall rank of #25, while TopFX finished with an overall rank of #62.
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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TopFX
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 67 |
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In a comparison between online brokers Fineco and TopFX, while neither broker offers the ability to buy actual delivered cryptocurrency, TopFX distinguishes itself by providing the option to trade cryptocurrency derivatives, unlike Fineco which does not offer this service.
Comparing online brokers Fineco vs TopFX: Fineco supports ACH/SEPA and bank wire transfers but not PayPal or Skrill (Visa/Mastercard availability not specified), while TopFX offers PayPal, Skrill, and bank wires but not ACH/SEPA (Visa/Mastercard availability not specified).
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 | TopFX | |
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| Trust Score | 94 | 67 | |
| Winner | check_circle | ||
| Review | Fineco Review | TopFX Review |
| Broker Screenshots | Fineco | TopFX | |
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| Regulation | Fineco | TopFX | |
|---|---|---|---|
| Trust Score | 94 | 67 | |
| Year Founded | 1999 | 2010 | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | No | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 655 | |
| Forex Pairs (Total) | 54 | 60 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.03 | |
| All-in Cost EUR/USD - Active | N/A | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Fineco | TopFX | |
|---|---|---|---|
| Minimum Deposit | $0 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Fineco | TopFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | Yes |
| Trading Tools | Fineco | TopFX | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | TopFX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Fineco | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | |||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | TopFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Fineco | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | Fineco | TopFX | |
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| Trust Score | 94 | 67 | |
| Winner | check_circle | ||
| Review | Fineco Review | TopFX Review |
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