Written by ForexBrokers.com
In this head to head comparison of Fineco vs Vantage, 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.
Fineco and Vantage are two online brokers with noteworthy trust scores, each boasting a highly trusted rating by ForexBrokers.com. Fineco, founded in 1999 and publicly traded as a bank, holds a Trust Score of 94, placing it in the highly trusted category. It boasts two Tier-1 regulatory licenses, adding to its robust status as a reliable broker. Vantage, established in 2009, is not publicly traded and does not operate as a bank, but also maintains a strong reputation with a Trust Score of 90. Like Fineco, it holds two Tier-1 licenses but also secures a Tier-2 license, enhancing its reliability for clients.
While both brokers exhibit high trust levels, Fineco’s backing as a bank and its presence on the stock exchange offer an added layer of assurance for its clients. However, Vantage's combination of Tier-1 and Tier-2 licenses highlights a solid commitment to regulatory compliance, making both brokers commendable choices for anyone looking to trade securely online.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 3 |
When comparing the commissions and fees of online brokers Fineco and Vantage, several distinct differences emerge. Fineco's trading costs can be challenging to evaluate as the broker does not provide average spread data for forex and CFD trading. The company lists a spread of 1 pip for the EUR/USD currency pair, which is slightly higher than what's typically offered by other brokers. While they also mention a spread of 0.8 pips, Fineco gives no indication of whether these figures are average values or over which time period they apply. Notably, Fineco seems to offer more competitive spreads on its index CFDs. Fineco is rated 3.5 stars for commissions and fees and is ranked #51 out of 63 brokers according to ForexBrokers.com.
Vantage offers several account types that affect its trading costs, including the spread-only Standard STP account and the commission-based RAW ECN and PRO ECN accounts. Vantage's Standard account typically has spreads of 1.30 pips on the EUR/USD (as of March 2023). In comparison, the Raw account offers more attractive pricing with spreads averaging 0.15 pips plus a $3 commission per side, resulting in a total cost of about 0.75 pips. The PRO ECN account provides competitive rates, with commissions at $2 per side. However, specific requirements must be met to open a PRO account. Vantage's active trader program offers rebates but is only available for the Standard account. Vantage earns 4.5 stars for its commissions and fees, securing a rank of #19 out of 63 brokers by ForexBrokers.com.
Overall, Vantage offers more transparent pricing structures and additional options for traders looking to optimize their costs, especially for those who qualify for its PRO ECN account or participate in the active trader program. Meanwhile, Fineco's offering is less clear, particularly concerning its forex spreads, which tend to be higher by industry standards. Those focusing on commission fees may find Vantage a more favorable choice given its competitive pricing and higher ratings.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.30 |
| All-in Cost EUR/USD - Active | N/A | 0.75 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Fineco and Vantage for their range of investments, both platforms offer forex trading either as a CFD or spot contract. Fineco boasts a broader selection with 9,770 tradeable symbols and 54 forex pairs, enabling investors to diversify their portfolios more extensively compared to Vantage's 1,000 symbols and 61 forex pairs. Additionally, Fineco provides the option to invest in exchange-traded securities on U.S. and international exchanges, allowing customers to directly purchase stocks like Apple and Vodafone. Meanwhile, Vantage does not offer this feature, limiting access to such equities.
However, Vantage distinguishes itself with the inclusion of copy trading features, which are not available with Fineco, allowing users to mirror the strategies of experienced traders. Moreover, Vantage provides cryptocurrency derivatives, expanding the investment choices in areas where Fineco does not. In terms of overall performance, Fineco receives 4.5 stars for its investment range and ranks 16th out of 63 brokers, whereas Vantage garners 3.5 stars and holds the 50th position. This positions Fineco as the stronger choice for investors seeking a wider array of investment opportunities.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 1000 |
| Forex Pairs (Total) | 54 | 61 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| 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.
Fineco and Vantage both offer comprehensive trading platforms, but they cater to different types of traders. Fineco provides a proprietary platform, available as a Windows-based desktop download and a web-based browser platform. It boasts in-house developed trading tools but lacks in copy trading features and popular platforms like MetaTrader 4 and 5. Fineco's charting tools include 7 drawing tools, but it does not support trading directly from stock charts or offer virtual demo accounts for paper trading. While offering solid user interface experiences, Fineco received a 4-star rating for its trading platforms and tools, ranking 18th out of 63 brokers in this category.
Vantage, on the other hand, excels in offering a broader range of platform options and features. It includes proprietary and web-based platforms, along with traditional MetaTrader 4 and 5, catering to a wider range of trader preferences. Notably, Vantage supports copy trading and multiple third-party tools like DupliTrade, with 15 drawing tools in its charting suite. Traders benefit from the ability to trade directly from stock charts and practice with a free virtual demo account. Vantage also holds a 4-star rating for its trading platforms and tools, ranking 21st among 63 brokers. Overall, while both brokers deliver quality platforms, Vantage provides a more diverse and feature-rich trading environment.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Drawing Tools (Total) | 7 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Fineco and Vantage are fully equipped for iPhone and Android users. They keep you updated with stock and forex price alerts and allow you to view multiple time frames on their charts. However, Vantage has a leg up with charting features, offering 30 technical studies compared to Fineco's 6. Vantage also lets users draw trendlines and have these drawings auto-saved, capabilities that Fineco lacks. Additionally, Vantage makes it easy to create watchlists with real-time quotes, which is not possible with Fineco's mobile app.
Although both trading platforms cater well to mobile users, Vantage holds a stronger position overall, especially with its more advanced charting and watchlist features. Despite both apps being rated 4 stars for mobile trading, Vantage takes a higher spot in the ForexBrokers.com ranking, sitting at #28 versus Fineco’s #42. Whether you are an active trader or just keeping an eye on the markets, Vantage's mobile app offers a more comprehensive set of features to meet your needs on the go.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| 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 the market research offerings of Fineco and Vantage, each broker presents a unique set of features. Vantage stands out by providing daily market commentary and integrating tools like Autochartist and Trading Central for technical and fundamental analysis. In contrast, Fineco does not offer daily market commentary or these specific tools but still delivers forex news from respected sources like Bloomberg and Reuters, just like Vantage. Both platforms include an economic calendar to keep traders informed of global events, which is essential for informed trading decisions.
Although both Fineco and Vantage share a research rating of 4 out of 5 stars, their ranks differ, with Vantage coming in at #21 and Fineco at #33 out of 63 brokers according to ForexBrokers.com. Vantage further enhances its research tools with a sentiment-based trading tool that gives traders insights into market positions, while Fineco does not offer this feature. When choosing between these two options, traders should consider the type of research tools they prioritize to make the best decision for their trading strategy.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | Yes |
| 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 choosing an online broker as a beginner in forex or CFD trading, educational resources play an important role. Fineco provides beginner-friendly resources, including at least 10 educational videos focused on trading fundamentals, and offers monthly live webinars to engage with clients. An added advantage is Fineco's investor dictionary, which covers over 50 trading terms. However, there is room for improvement in offering a more comprehensive range of forex or CFDs educational materials and advanced trading topics, as Fineco does not maintain an archive of webinars or provide educational content geared towards experienced traders.
In contrast, Vantage offers a wider variety of educational tools for those new to trading. Beginners can access a wealth of content, including videos specifically tailored to their needs and a rich collection of over 10 educational resources focused on forex and CFDs. Vantage stands out with its searchable webinar archive, helping users revisit past learning sessions, and also caters to more experienced traders with advanced educational videos. Both brokers are rated 4 out of 5 stars for education, yet Vantage ranks higher, placing 24th among 63 brokers by ForexBrokers.com, while Fineco is ranked 49th.
| Feature |
Fineco
|
Vantage
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| 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 Fineco is better than Vantage. Fineco finished with an overall rank of #25, while Vantage finished with an overall rank of #26.
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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Vantage
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 90 |
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While Fineco does not provide the option to purchase actual or derivative cryptocurrency, Vantage allows investors to buy cryptocurrency derivatives, though neither platform offers the purchase of actual (delivered) cryptocurrency.
Fineco supports ACH and SEPA transfers along with bank wires for depositing or withdrawing account funds, but does not offer PayPal, Skrill, or card options, whereas Vantage provides the flexibility of PayPal, Skrill, Visa, Mastercard, and bank wires but lacks ACH and SEPA transfer options.
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 | Vantage | |
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| Trust Score | 94 | 90 | |
| Winner | check_circle | ||
| Review | Fineco Review | Vantage Review |
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| Regulation | Fineco | Vantage | |
|---|---|---|---|
| Trust Score | 94 | 90 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 3 |
| Tier-1 Licenses (Highly Trusted) | Fineco | Vantage | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | No |
| Tier-2 Licenses (Trusted) | Fineco | Vantage | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Fineco | Vantage | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 1000 | |
| Forex Pairs (Total) | 54 | 61 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| 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 | Fineco | Vantage | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.30 | |
| All-in Cost EUR/USD - Active | N/A | 0.75 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | Vantage | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Fineco | Vantage | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | No |
| Trading Tools | Fineco | Vantage | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Drawing Tools (Total) | 7 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | Vantage | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| 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 | Fineco | Vantage | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | Vantage | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| 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 | Fineco | Vantage | |
|---|---|---|---|
| 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 | Fineco Review | Vantage Review |
| Overall | Fineco | Vantage | |
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| Trust Score | 94 | 90 | |
| Winner | check_circle | ||
| Review | Fineco Review | Vantage Review |
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