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XM Group vs Fineco 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 93
  • Tradeable Symbols (Total): 1394
Fineco
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

XM Group, established in 2009, and Fineco, founded a decade earlier in 1999, are both online brokers that serve a global clientele. Fineco, which is also a bank and publicly traded, holds two highly trusted Tier-1 licenses and scores a 94 on the ForexBrokers.com Trust Score, placing it in the highly trusted range. In contrast, XM Group, not a bank nor publicly listed, impressively holds four Tier-1 licenses and one Tier-2 license, with a Trust Score of 93, also marking it as highly trusted under ForexBrokers.com’s ratings.

While both brokers enjoy high levels of trust, their operations distinctly differ. Fineco's status as a bank and its public trading on a stock exchange might appeal to investors who prioritize those features. Meanwhile, XM Group's higher number of Tier-1 licenses could be attractive to those focused on regulatory credentials. These aspects make both brokers stand out in the financial services industry, offering reliable platforms for investment with their own unique advantages.

Feature XM Group logoXM Group
Fineco logoFineco
Year Founded info 2009 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0

Fees

When it comes to commissions and fees, both XM Group and Fineco leave gaps in transparency, but their standings differ: XM Group is rated 4/5 stars and ranks #34 out of 63 in the ForexBrokers.com Commissions and Fees category, while Fineco is rated 3.5/5 stars and ranks #52 out of 63.

For XM Group, the Standard account spreads are on the expensive side. The commission-based XM Zero account could be cheaper in practice, but XM does not publish average spreads for it, making the true all-in trading cost (spread plus commission) hard to verify and compare.

Fineco likewise does not publish average spread data for forex and CFD trading. It lists EUR/USD at 1 pip—and elsewhere at 0.8 pips—but neither figure is presented as an average or tied to a date range; even if taken as averages, 1 pip would be higher than what many forex brokers advertise. Fineco does appear to offer lower spreads on index CFDs, yet the missing average data still makes its overall costs difficult to assess next to XM Group.

Feature XM Group logoXM Group
Fineco logoFineco
Minimum Deposit info $5 $0
Average Spread EUR/USD - Standard info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info No 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

Comparing XM Group and Fineco on range of investments: Fineco lists far more total tradeable instruments (9,770 vs. XM’s 1,394), while XM edges ahead on forex pairs (55 vs. 54). Both brokers let you trade forex as CFDs or spot, and both provide access to exchange‑traded securities on U.S. markets (e.g., Apple) and international exchanges (e.g., Vodafone), so you can buy actual shares as well as trade derivatives.

Feature-wise, XM offers copy trading and cryptocurrency derivatives, whereas Fineco provides neither; neither broker supports buying actual (delivered) crypto. For Range of Investments, both earn 4.5/5 stars from ForexBrokers.com, with Fineco ranked #17 and XM Group ranked #25 out of 63 brokers. In short, Fineco suits investors seeking the widest overall selection, while XM may appeal if you want slightly more forex pairs plus copy trading and crypto derivative choices.

Feature XM Group logoXM Group
Fineco logoFineco
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 9770
Forex Pairs (Total) info 55 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 No 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

Comparing XM Group vs Fineco for trading platforms and tools, a few key differences stand out. XM Group offers a free demo (paper) trading account, while Fineco does not. Fineco provides its own proprietary platform, whereas XM Group relies on third-party options. Both brokers have Windows desktop and web-based platforms. XM Group supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5); Fineco does not support either. If you want copy trading, XM Group offers it and Fineco does not. Neither broker supports DupliTrade or ZuluTrade. XM Group also lets you place trades directly from charts, a feature Fineco lacks.

For charting and watchlists, XM Group includes 15 drawing tools compared with 7 at Fineco; indicator counts were not provided for either broker. XM Group lists 7 fields for watchlists, while Fineco’s watchlist field count wasn’t specified. Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet Fineco ranks higher overall in this category at #18 out of 63 brokers on ForexBrokers.com, compared with XM Group at #33. This side-by-side view helps you choose between XM Group’s MetaTrader-focused setup with a free demo and copy trading, and Fineco’s in-house platform approach without MT4/MT5 or paper trading.

Feature XM Group logoXM Group
Fineco logoFineco
Virtual Trading (Demo) info Yes No
Proprietary Platform info No 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 30 37
Charting - Drawing Tools (Total) info 15 7
Charting - Trade From Chart info Yes No
Watchlists - Total Fields info 7 N/A

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

Forex trading apps

XM Group and Fineco both offer iPhone and Android trading apps with stock and forex price alerts. A key difference is watchlists: XM Group syncs your watchlist between the app and your online account and lets you create watchlists with real-time quotes, while Fineco does not offer syncing or real-time watchlists. Both brokers earn 4 out of 5 stars for Mobile Trading Apps; in the ForexBrokers.com rankings out of 63 brokers, XM Group sits at #31 and Fineco at #43.

For charting on mobile, XM Group provides 30 technical studies compared with Fineco’s 6. XM Group also lets you draw trendlines, which Fineco lacks. Both apps support viewing multiple time frames (daily, weekly, intraday), and neither app auto-saves chart drawings. If you want deeper chart tools and synced watchlists, XM Group may suit you; if you only need alerts and basic time-frame switching, Fineco can be a simple fit.

Feature XM Group logoXM Group
Fineco logoFineco
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes 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 No No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

For market research, XM Group packs in more features than Fineco. XM Group provides daily market commentary, forex news from top-tier sources, Trading Central tools, a sentiment indicator showing the ratio of long vs. short positions, and an economic calendar. It does not include Autochartist, TipRanks, or Acuity Trading. Fineco delivers forex news from leading sources and an economic calendar, but it does not offer daily commentary, Trading Central, Autochartist, or a sentiment tool. Information about TipRanks and Acuity Trading for Fineco was not specified.

In independent testing by ForexBrokers.com, XM Group earned 5 stars for Research and ranked #8 out of 63 brokers, while Fineco received 4.0 stars and ranked #34. In short, XM Group is the stronger pick if you want built-in tools and daily insights, whereas Fineco covers the basics with quality news and a handy calendar.

Feature XM Group logoXM Group
Fineco logoFineco
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When considering brokers for educational resources tailored to beginners, XM Group stands out compared to Fineco. XM Group provides a wide array of educational tools, offering more than 10 pieces focused on forex or CFDs. They also host monthly online webinars, with access to an archive of past webinars for easy revisiting. Additionally, XM Group caters to both new and experienced traders with over 10 beginner-specific educational videos and just as many advanced videos. While XM Group doesn't provide an investor dictionary, their comprehensive offerings earned them a 5-star rating in education and a #7 ranking out of 63 brokers.

On the other hand, Fineco meets the mark with a monthly webinar series and offers more than 10 educational videos for beginners, but it falls short in other areas. They lack the extensive collection of forex or CFDs educational content found at XM Group and do not provide a recorded webinars archive for users wanting to catch up. While Fineco does offer an investor dictionary with over 50 investing terms, its educational resources and offerings have resulted in a slightly lower 4.0-star education rating and a #49 ranking out of 63 brokers. For those just starting in trading and seeking a wealth of educational support, XM Group appears to be the more comprehensive choice.

Feature XM Group logoXM Group
Fineco logoFineco
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 No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Fineco. XM Group finished with an overall rank of #17, while Fineco finished with an overall rank of #25.

XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Feature XM Group logoXM Group
Fineco logoFineco
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Trust Score info 93 94
Range of Investments 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 4.0/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or Fineco?

When comparing XM Group to Fineco regarding cryptocurrency trading options, XM Group allows users to trade cryptocurrency derivatives, whereas Fineco does not offer this capability and neither platform provides the option to buy actual (delivered) cryptocurrency.

What funding options does each broker offer?

While XM Group supports Skrill, Visa, Mastercard, and bank wire transactions for deposits and withdrawals, Fineco offers ACH, SEPA, and bank wire options, but does not support Skrill or card transactions, with neither broker offering PayPal services.

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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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Overall Rating XM Group Fineco
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 4.0/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 94
Winner check_circle
Review XM Group Review Fineco Review
Broker Screenshots XM Group Fineco
Broker Gallery (click to expand) info
XM MetaTrader 5 mobile trading app XM MetaTrader 5 desktop trading platform. XM research articles market news and analysis XM educational content forex course chapters.
Fineco Platform EURUSD advanced charts. Fineco Web Platform Forex Trading Fineco Web Platform watchlist. FinecoBank web platform screener Fineco Bank UK web platform index options chains. FinecoBank UK web platform advanced charts. Fineco Bank UK web platform Charts. Fineco Bank UK Web platform forex pairs list. FinecoX web platform powered by ChartIQ.
Regulation XM Group Fineco
Trust Score info 93 94
Year Founded info 2009 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes Yes info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 0
Tier-1 Licenses (Highly Trusted) XM Group Fineco
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No 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 Yes info
Tier-2 Licenses (Trusted) XM Group Fineco
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XM Group Fineco
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 9770
Forex Pairs (Total) info 55 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 No 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 XM Group Fineco
Average Spread EUR/USD - Standard info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes No
Funding XM Group Fineco
Minimum Deposit info $5 $0
PayPal (Deposit/Withdraw) info No 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 No Yes
Trading Platforms XM Group Fineco
Proprietary Platform info No 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 XM Group Fineco
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 N/A
Charting - Indicators / Studies (Total) info 30 37
Charting - Drawing Tools (Total) info 15 7
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading XM Group Fineco
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 Yes 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 No No
Mobile Economic Calendar info Yes Yes
Research XM Group Fineco
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education XM Group Fineco
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 No Yes
Major Forex Pairs XM Group Fineco
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 XM Group Review Fineco Review
Overall XM Group Fineco
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 5/5 Stars 4.0/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 94
Winner check_circle
Review XM Group Review Fineco Review
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