Written by ForexBrokers.com
In this head to head comparison of FinecoBank vs Trading 212, 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.
FinecoBank, established in 1999, is both a bank and a publicly traded entity, offering a sense of security reinforced by its 94 Trust Score rating from ForexBrokers.com, positioning it as a highly trusted online broker. Boasting two Tier-1 licenses, FinecoBank ensures a high standard of regulatory compliance, underpinning its reliable service in the market. In contrast, Trading 212, which launched in 2004, is not a bank and isn’t publicly traded, but maintains a presence with three Tier-1 licenses. It holds a trust score of 80, categorizing it as trusted according to ForexBrokers.com.
While both platforms are regulated, FinecoBank's status as a bank and its higher trust score may provide additional confidence to potential users. Trading 212, despite not being a bank, still manages to hold a reputable trust score thanks to its regulatory licenses. When choosing between these platforms, potential traders should consider these regulatory credentials in line with their personal preferences for security and trustworthiness.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Year Founded | 1999 | 2004 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When it comes to commissions and fees, FinecoBank and Trading 212 both have distinct offerings for traders. FinecoBank does not publish average spread data for forex and CFD trading, making it tough to determine the true cost of trading. The broker lists a spread of 1 pip for EUR/USD, which is higher than what you typically find with most forex brokers. It also lists a spread of 0.8 pips, but neither spread is provided as an average, and there's no date range to consider for these numbers. FinecoBank does seem to offer more competitive spreads on index CFDs but falls short in transparency.
Trading 212, on the other hand, provides a clearer view of its fees with its two account types—Invest for shares and CFD for CFDs trading. Though Trading 212 claims zero-commission trading, traders are still subject to spreads when dealing with CFDs and forex. They have recently started publishing average spread data, which is a significant step toward increased pricing transparency. In April 2025, their average spread for the EUR/USD pair was 2.7 pips, significantly higher than the industry average. This places Trading 212 at a disadvantage compared to leading forex and CFD brokers.
In terms of ratings, FinecoBank earns 3.5 out of 5 stars for its commissions and fees, while Trading 212 receives a slightly higher rating of 4 stars. Both brokers rank lower compared to their competitors, with Trading 212 positioned at #49 and FinecoBank at #51 out of 63 brokers evaluated by ForexBrokers.com for the Commissions and Fees category. This suggests that while Trading 212 offers more transparency, its higher spreads may be a drawback for cost-conscious traders. FinecoBank’s lack of detailed spread information also impacts its standing, making it crucial for traders to carefully consider these factors based on their trading needs and priorities.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Minimum Deposit | $0 | €1 |
| Average Spread EUR/USD - Standard | N/A | 2.7 |
| All-in Cost EUR/USD - Active | N/A | 2.7 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FinecoBank and Trading 212 both offer forex trading through CFDs and have a strong selection of tradeable symbols. FinecoBank takes the lead with 9,770 tradeable symbols compared to Trading 212's 7,868. However, when it comes to tradeable forex pairs, Trading 212 offers a more extensive range with 146 pairs, significantly surpassing FinecoBank's 54 pairs. Both brokers provide access to exchange-traded securities on U.S. and international exchanges, allowing investors to buy shares like Apple and Vodafone directly.
Neither FinecoBank nor Trading 212 offers copy trading services, and they both do not allow purchasing actual cryptocurrencies, focusing instead on trading through derivatives. While FinecoBank does not provide any cryptocurrency derivatives, Trading 212 does offer the option, catering to those interested in this aspect of investing. Rated at 4.5 stars for their range of investments, FinecoBank ranks #16 according to ForexBrokers.com. Trading 212 edges slightly ahead with a 5-star rating and holds the #15 spot, making it a popular choice for those looking for a wider range of investments.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 7868 |
| Forex Pairs (Total) | 54 | 146 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When comparing the trading platforms and tools of FinecoBank and Trading 212, users will find both brokers have unique strengths. FinecoBank offers a proprietary platform that can be downloaded onto Windows-based desktops, catering to users who prefer managing their trades offline. The web-based platform is also available for those who favor browser access. However, it lacks features like simulated trading with virtual accounts and chart-based trading. On the other hand, Trading 212 shines with its accessible web platform that includes the convenience of trading directly from stock charts. It also offers a simulated trading feature, allowing users to practice without financial risks. While FinecoBank offers 7 drawing tools for charting, Trading 212 provides a richer set with 20 drawing tools.
Both FinecoBank and Trading 212 maintain a steady rating of 4 stars for their trading platforms and tools, showing a balance in their overall offerings. However, neither supports popular third-party platforms such as MetaTrader 4 or MetaTrader 5, and neither offers copy trading or additional services like DupliTrade or ZuluTrade. For watch list features, Trading 212 enhances user experience with 5 columns, a detail not specified for FinecoBank. In rankings by ForexBrokers.com, FinecoBank sits slightly above Trading 212 at #18 compared to #20 out of 63 brokers, reflecting small nuances in user preference and functionality. Overall, both platforms deliver strong, user-friendly experiences with distinct benefits catering to different trader needs.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 54 |
| Charting - Drawing Tools (Total) | 7 | 20 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FinecoBank and Trading 212, both platforms offer iPhone and Android apps that facilitate seamless stock and forex trading activities. Users of both apps can enjoy essential features such as price alerts and multiple time frame views on stock or forex charts. However, Trading 212 stands out by providing a higher level of flexibility with 104 technical studies for charting, whereas FinecoBank offers only 6. Additionally, Trading 212 allows users to draw trendlines and supports auto-saving of drawings on charts, features that FinecoBank’s app does not offer.
For those who value comprehensive syncing, Trading 212 offers watchlist symbol syncing between its mobile app and online account, a function not available with FinecoBank. Additionally, Trading 212 allows for creating watchlists with real-time quotes, enhancing the trading experience, while FinecoBank lacks this feature. Both apps receive a 4-star rating for their mobile trading prowess, but Trading 212 is ranked higher at #17 by ForexBrokers.com compared to FinecoBank's #42 ranking out of 63 brokers. This ranking highlights Trading 212 as a more feature-rich choice for active traders seeking an all-inclusive mobile trading experience.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 6 | 104 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing FinecoBank and Trading 212 for market research offerings, both brokers provide investors with access to forex news from renowned sources like Bloomberg and Reuters. Additionally, they each offer comprehensive economic calendars that highlight important global events. However, neither FinecoBank nor Trading 212 supplies daily market commentary, tools from Autochartist, or TipRanks research features. While Trading 212 stands out by providing a sentiment-based trading tool that reveals long or short position ratios, FinecoBank does not offer similar sentiment analysis capabilities.
In terms of overall research ratings, FinecoBank scores higher with 4.0 stars compared to Trading 212's 3.5 stars. On ForexBrokers.com's list of 63 brokers, FinecoBank is ranked 33rd for research, whereas Trading 212 is positioned at 44th. Both brokers fall short in several research tool offerings, such as those from Trading Central and Acuity Trading, making it crucial for potential users to consider which specific features align best with their individual trading needs.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, FinecoBank and Trading 212 provide different experiences. FinecoBank excels with its regular educational webinars, offering at least one each month, making it easy for new traders to gain insights in a live setting. They also provide a selection of beginner-focused educational videos and a comprehensive investor dictionary with over 50 investing terms. However, FinecoBank does not meet the threshold for a wide range of forex or CFD-focused materials, and it lacks advanced educational content for experienced traders. While FinecoBank's searchable archive of past webinars is non-existent, its educational offerings are still rated higher, receiving 4.0 stars.
On the other hand, Trading 212 stands out for providing more than ten educational pieces specifically on forex and CFDs, catering well to beginners who want foundational knowledge in these areas. They also offer a large selection of videos for both beginners and advanced traders, plus a dictionary of key investment terms. Although they do not provide live monthly webinars, they have a searchable archive of past webinars, which can be a valuable resource. Despite a slightly lower education rating of 3.5 stars, Trading 212 is notably ranked higher at #20 compared to FinecoBank's #49 in the education category according to ForexBrokers.com. This demonstrates Trading 212's broader educational scope, although they might still lack the real-time learning opportunities found with FinecoBank's webinars.
| Feature |
FinecoBank
|
Trading 212
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FinecoBank is better than Trading 212. FinecoBank finished with an overall rank of #25, while Trading 212 finished with an overall rank of #31.
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 |
FinecoBank
|
Trading 212
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 80 |
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FinecoBank does not offer the ability to buy actual cryptocurrency or cryptocurrency derivatives, while Trading 212 does not provide the option to buy actual cryptocurrency but does offer cryptocurrency derivatives.
When comparing the online brokers FinecoBank and Trading 212 in terms of fund deposit and withdrawal options, both offer ACH and SEPA transfers as well as bank wires, but Trading 212 has the additional benefit of accepting PayPal and Visa or Mastercard payments, which FinecoBank does not, and neither platform supports Skrill transactions.
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 | FinecoBank | Trading 212 | |
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| Trust Score | 94 | 80 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | Trading 212 Review |
| Broker Screenshots | FinecoBank | Trading 212 | |
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| Regulation | FinecoBank | Trading 212 | |
|---|---|---|---|
| Trust Score | 94 | 80 | |
| Year Founded | 1999 | 2004 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | FinecoBank | Trading 212 | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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) | FinecoBank | Trading 212 | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FinecoBank | Trading 212 | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 7868 | |
| Forex Pairs (Total) | 54 | 146 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | FinecoBank | Trading 212 | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 2.7 | |
| All-in Cost EUR/USD - Active | N/A | 2.7 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | FinecoBank | Trading 212 | |
|---|---|---|---|
| Minimum Deposit | $0 | €1 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FinecoBank | Trading 212 | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FinecoBank | Trading 212 | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 5 | |
| Charting - Indicators / Studies (Total) | 37 | 54 | |
| Charting - Drawing Tools (Total) | 7 | 20 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FinecoBank | Trading 212 | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 6 | 104 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FinecoBank | Trading 212 | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FinecoBank | Trading 212 | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FinecoBank | Trading 212 | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FinecoBank Review | Trading 212 Review |
| Overall | FinecoBank | Trading 212 | |
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| Trust Score | 94 | 80 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | Trading 212 Review |
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