Written by ForexBrokers.com
In this head to head comparison of Fineco vs VT Markets, 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.
When comparing the online brokers Fineco and VT Markets, Fineco stands out as a more established entity, founded in 1999, compared to VT Markets' inception in 2016. Fineco brings an advantage as a publicly traded company that doubles as a bank, whereas VT Markets is privately held and not a bank. In terms of regulatory credentials, Fineco holds two Tier-1 licenses, which are highly regarded for trust, while VT Markets has one. Additionally, Fineco does not have any Tier-2 licenses, compared to VT Markets, which holds one.
In regards to trust, Fineco boasts an impressive Trust Score of 94 out of 99 on ForexBrokers.com, categorizing it as highly trusted. This contrasts with VT Markets, which holds a Trust Score of 70, placing it in the average risk bracket. Overall, Fineco's longer history, coupled with its strong regulatory backing and public listing, positions it as the more reliable choice for online trading.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Year Founded | 1999 | 2016 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing Fineco and VT Markets for commissions and fees, Fineco faces challenges due to the lack of published average spread data for forex and CFD trading, making it difficult to accurately assess its trading costs. Fineco lists its EUR/USD spread at 1 pip, which is higher than what many other forex brokers typically offer. It also lists a spread of 0.8 pips for some trades, but neither figure is presented as an average or tied to any specific date range. Fineco does seem to offer competitive spreads on its index CFDs. Fineco is rated 3.5 stars out of 5 and ranks at #51 out of 63 brokers in the Commissions and Fees category according to ForexBrokers.com.
In contrast, VT Markets offers two types of accounts that impact trading costs differently. The Standard STP account is commission-free, with a typical EUR/USD spread of 1.2 pips, whereas the Raw ECN account features a more cost-effective average spread of 0.83 pips, including a 0.6 round-turn commission and a 0.23 spread based on data from September 2021. With a minimum deposit of just $100 for both accounts, VT Markets provides flexible options, though the pricing of the Raw ECN account aligns more closely with standard industry rates while the Standard STP account might be less appealing. VT Markets earns a commendable 4.5 stars out of 5 and ranks at #20 out of the 63 brokers evaluated by ForexBrokers.com.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco offers a substantial variety of investments compared to VT Markets. Both allow trading in forex as CFDs or spot contracts, but Fineco boasts a larger selection with 54 forex pairs in contrast to VT Markets' 39. Moreover, Fineco provides access to 9,770 tradeable symbols, significantly surpassing the 1,000 available through VT Markets. A significant advantage for Fineco is the ability to purchase exchange-traded securities on both U.S. and international exchanges, letting clients invest in companies such as Apple and Vodafone directly. VT Markets, on the other hand, only offers exchange-traded securities on international exchanges like the London Stock Exchange.
While VT Markets shines in offering copy trading and cryptocurrency derivatives, Fineco does not. Despite this, Fineco's diverse range of investment options grants it a higher user rating of 4.5 stars for its investment range, compared to VT Markets' 3.5 stars. In industry rankings by ForexBrokers.com, Fineco secures the 16th spot out of 63 brokers for range of investments, highlighting its extensive offering. VT Markets is ranked 39th, reflecting its more limited investment choices in comparison. Whether you're looking to trade a variety of symbols or invest directly in well-known stocks, Fineco provides a broader spectrum of possibilities.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 1000 |
| Forex Pairs (Total) | 54 | 39 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| 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.
When comparing the trading platforms of Fineco and VT Markets, both brokers cater to different trader needs. Fineco stands out with its proprietary platform, allowing users a bespoke trading experience, accessible through both desktop and web-based platforms. However, it does not support popular platforms like MetaTrader 4 or MetaTrader 5, nor does it offer copy trading. Fineco also lacks a free virtual demo account for newcomers to practice trading. That said, its platform provides seven drawing tools for charting, though it lacks essential features like trading directly from charts, leading to a ranking of #18 in the Trading Platforms and Tools category according to ForexBrokers.com.
On the other hand, VT Markets appeals to traders who prefer using the widely recognized MetaTrader platforms, supporting both MT4 and MT5, and facilitating copy trading. It provides a more extensive toolkit for technical analysis with 30 drawing tools and the option to trade directly from charts. A free virtual demo account is available, making it a practical choice for beginners seeking to test strategies before committing real funds. Despite these offerings, VT Markets is ranked #47 in the Trading Platforms and Tools category, possibly reflecting preferences for proprietary platforms in the trading community. Both brokers ultimately earn a 4-star rating for their platforms and tools, denoting a balance of strengths and areas for improvement.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | No |
| 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 | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 15 |
| Charting - Drawing Tools (Total) | 7 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Fineco and VT Markets, both brokers offer iPhone and Android apps, with features like price alerts for stocks and forex readily available. Neither platform allows for watchlist symbol syncing between the mobile app and the client’s online account. However, when it comes to technical studies in charting, VT Markets provides a more extensive selection with 30 options compared to Fineco’s 6. Additionally, VT Markets includes the ability to draw trendlines on charts, a feature absent in Fineco's app. Both apps allow users to view multiple time frames such as daily, weekly, or intraday on charts, but neither saves custom drawings automatically.
While Fineco doesn’t offer real-time watchlist creation capabilities within its app, VT Markets users benefit from this functionality. Despite these differences, both apps are rated 4 out of 5 stars for mobile trading. In terms of industry rankings by ForexBrokers.com, Fineco holds the 42nd position among 63 brokers, whereas VT Markets is positioned at 44th. This comparison outlines distinct features and benefits that could influence a trader’s choice, emphasizing the importance of aligning a trading app's capabilities with individual trading needs.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Fineco and VT Markets, both provide forex news sourced from reputable outlets like Bloomberg, Reuters, and Dow Jones. Fineco and VT Markets also offer economic calendars, helping traders stay informed on global events. However, Fineco does not provide daily market commentary, a feature that VT Markets includes for its users. Despite this, Fineco receives a slightly higher rating of 4.0 stars compared to VT Markets' 3.5 stars for research, ranking #33 among 63 brokers, while VT Markets holds the #36 spot.
For advanced tools, Fineco and VT Markets differ significantly. VT Markets provides access to Trading Central tools, beneficial for technical analysis, while Fineco does not offer these resources. Additionally, VT Markets includes sentiment-based trading tools, which Fineco does not have. Neither broker offers research from TipRanks or Acuity Trading, but Fineco’s overall research capabilities result in a higher ranking by ForexBrokers.com.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| 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 comparing Fineco and VT Markets based on their educational offerings for beginners, clear differences emerge. Fineco does not provide a wide range of educational content specifically focused on forex or CFDs, while VT Markets meets this criterion by offering over 10 educational pieces such as articles, videos, and more. However, Fineco excels in offering monthly online educational webinars, a feature absent from VT Markets' platform, giving Fineco an edge for those who value live learning sessions.
Both brokers cater to beginners by providing over 10 educational videos tailored for new traders. They also offer comprehensive investor dictionaries with at least 50 investing terms, making them equally beneficial for foundational knowledge. However, neither Fineco nor VT Markets offers an extensive selection of advanced trading videos or a searchable archive of past webinars. In terms of overall education ratings, Fineco scores a bit higher with 4.0 stars compared to VT Markets' 3.5 stars, and is ranked 49th out of 63 brokers by ForexBrokers.com, ahead of VT Markets, which holds the 55th position.
| Feature |
Fineco
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| 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 VT Markets. Fineco finished with an overall rank of #25, while VT Markets finished with an overall rank of #44.
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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VT Markets
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|---|---|---|
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| Trust Score | 94 | 70 |
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When comparing Fineco and VT Markets in terms of cryptocurrency trading, Fineco does not offer the ability to buy actual (delivered) cryptocurrency or derivatives, whereas VT Markets does not provide access to actual cryptocurrencies either but does offer the option to trade cryptocurrency derivatives.
In comparing online brokers Fineco and VT Markets, Fineco supports ACH and SEPA transfers as well as bank wires for depositing or withdrawing funds, while VT Markets facilitates transactions using Skrill, Visa or Mastercard, and bank wires, but does not support ACH or SEPA transfers.
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 | VT Markets | |
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| Trust Score | 94 | 70 | |
| Winner | check_circle | ||
| Review | Fineco Review | VT Markets Review |
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| Regulation | Fineco | VT Markets | |
|---|---|---|---|
| Trust Score | 94 | 70 | |
| Year Founded | 1999 | 2016 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Fineco | VT Markets | |
|---|---|---|---|
| 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 | No | |
| 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 | VT Markets | |
|---|---|---|---|
| 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 | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 1000 | |
| Forex Pairs (Total) | 54 | 39 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| 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 | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | No | |
| 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 | VT Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | No | |
| ZuluTrade | No | No |
| Trading Tools | Fineco | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 15 | |
| Charting - Drawing Tools (Total) | 7 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco | VT Markets | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Fineco | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Fineco | VT Markets | |
|---|---|---|---|
| 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 | VT Markets Review |
| Overall | Fineco | VT Markets | |
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| Trust Score | 94 | 70 | |
| Winner | check_circle | ||
| Review | Fineco Review | VT Markets Review |
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