Written by ForexBrokers.com
In this head to head comparison of Fineco vs Xtrade, 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 considering online brokers, Fineco and Xtrade highlight clear differences in trust and regulatory standing. Founded in 1999, Fineco is not only a publicly traded company but also operates as a bank, which adds to its credibility. It holds two Tier-1 licenses and has a Trust Score of 94 out of 99 from ForexBrokers.com, indicating a high level of trustworthiness.
Meanwhile, Xtrade, established in 2003, is not publicly traded and doesn't function as a bank. With one Tier-1 license and an additional Tier-2 license, Xtrade secures a Trust Score of 74, implying an average risk assessment. These factors make Fineco generally more trusted in the financial landscape, especially for those prioritizing security and regulatory strength in their trading platform.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Year Founded | 1999 | 2003 |
| 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 | 1 |
Comparing commissions and fees at Fineco vs Xtrade, both brokers lack published average spread data for forex and CFDs, which makes it hard to pin down true trading costs. Based on the limited figures available, Fineco looks more transparent than Xtrade, but neither provides the kind of verified, time-stamped averages many traders look for.
Fineco lists a 1.0-pip spread for EUR/USD—higher than what many forex brokers typically offer—and also cites a 0.8-pip figure; however, neither number is presented as an average or tied to a date range. Fineco does appear to offer lower spreads on index CFDs. Overall, Fineco earns 3.5 out of 5 stars for commissions and fees and ranks #52 out of 63 brokers on ForexBrokers.com.
Xtrade does not provide average spread data for its markets, leaving cost expectations unclear. In our ratings, Xtrade receives 2.5 out of 5 stars for commissions and fees and ranks #64 out of 63 brokers on ForexBrokers.com.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Minimum Deposit | $0 | $250 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Fineco vs Xtrade: for range of investments, Fineco lists 9,770 tradeable symbols compared with Xtrade’s 482. In forex, Xtrade edges out with 56 currency pairs to Fineco’s 54, and both let you trade forex as CFDs or spot contracts. Independent ratings reflect the overall difference in variety: Fineco earns 4.5/5 stars and ranks 17th out of 63 brokers for Range of Investments, while Xtrade is rated 3.5/5 stars and ranks 50th.
Asset access also sets them apart. Fineco lets you buy exchange-traded securities on both U.S. and international exchanges (for example, Apple on NASDAQ and Vodafone in London), which Xtrade does not offer. Neither broker supports copy trading or purchasing actual cryptocurrency. For crypto exposure, only Xtrade offers cryptocurrency CFDs; Fineco does not. In short, choose Fineco if you want a large catalog and the ability to own real shares globally, or pick Xtrade if you mainly trade CFDs and want crypto CFDs along with a slightly wider list of forex pairs.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 482 |
| Forex Pairs (Total) | 54 | 56 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| 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 vs Xtrade: both brokers offer proprietary, browser-based trading platforms, and neither supports MetaTrader 4 or MetaTrader 5 or copy trading. Fineco adds a Windows desktop platform, while Xtrade does not. For practice, Xtrade provides a free virtual demo account; Fineco does not. When it comes to placing orders from charts, Xtrade allows trading directly from charting screens, whereas Fineco does not. The number of technical indicators and watchlist columns for each was not specified.
For Trading Platforms and Tools, Fineco earns 4 stars and ranks #18 out of 63 brokers on ForexBrokers.com, while Xtrade scores 3.5 stars and ranks #59 out of 63. Choose Fineco if you want an in-house platform with a Windows download alongside web trading. Choose Xtrade if you value a web platform with a free demo and the ability to trade from charts.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 37 | N/A |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Fineco and Xtrade both offer mobile trading apps for iPhone and Android, and each earned 4 stars for Mobile Trading Apps. However, Fineco ranks higher on ForexBrokers.com (#43 out of 63) than Xtrade (#54). A key difference is price alerts: Fineco supports stock and forex alerts in its app, while Xtrade does not. If you rely on real-time notifications to manage trades on the go, Fineco has the edge.
When it comes to charting, Fineco’s mobile app includes 6 technical studies, while Xtrade doesn’t list how many studies are available. Neither app supports drawing trendlines or auto-saving drawings, and neither offers watchlist syncing between the mobile app and the web platform. In short, both deliver the basics for iPhone and Android users, but Fineco adds useful price alerts and slightly stronger standing in industry rankings.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | No |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | N/A |
| Mobile Charting - Draw Trendlines | No | No |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Fineco and Xtrade, Fineco earns a higher 4.0/5 research score and ranks #34 out of 63 brokers at ForexBrokers.com, while Xtrade scores 3.5/5 and ranks #53. Both brokers deliver forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones and include an economic calendar to track key events. One key difference: Xtrade publishes daily market commentary, whereas Fineco does not.
When it comes to analysis tools, neither Fineco nor Xtrade offers Autochartist, Trading Central, or a sentiment tool showing long/short ratios. Availability of TipRanks and Acuity Trading tools at Fineco is not specified, while Xtrade does not offer them. In short, choose Xtrade if daily commentary matters to you; pick Fineco if you want a slightly higher-rated research experience anchored by premium news and a clear calendar of upcoming market events.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | No | No |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Looking at beginner forex and CFD education, Fineco stands out for hosting client webinars at least once per month and for offering at least 10 beginner-focused trading videos. Xtrade, by contrast, does not run monthly educational webinars and does not meet the 10-video threshold for beginner content. Both brokers fall short on advanced material, with fewer than 10 advanced trading videos each.
For quality scores, Fineco is rated 4.0 out of 5 for Education, while Xtrade is rated 3.5 out of 5. In ForexBrokers.com’s Education rankings among 63 brokers, Xtrade is #46 and Fineco is #49. If you value live learning and a larger starter video library, Fineco may be the better fit; if you don’t need webinars, Xtrade can still cover the basics for new traders.
| Feature |
Fineco
|
Xtrade
|
|---|---|---|
| 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 Xtrade. Fineco finished with an overall rank of #25, while Xtrade finished with an overall rank of #60.
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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Xtrade
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|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 74 |
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Comparing online brokers Fineco vs Xtrade for cryptocurrency: neither offers the ability to buy actual (delivered) crypto, but only Xtrade provides cryptocurrency CFDs while Fineco does not.
In the Fineco vs Xtrade deposits and withdrawals comparison: Fineco supports ACH/SEPA and bank wire transfers but not PayPal or Skrill, whereas Xtrade provides bank wires and Skrill but not ACH/SEPA or PayPal; Visa/Mastercard availability is not specified for either broker.
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 | Xtrade | |
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| Trust Score | 94 | 74 | |
| Winner | check_circle | ||
| Review | Fineco Review | Xtrade Review |
| Broker Screenshots | Fineco | Xtrade | |
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| Regulation | Fineco | Xtrade | |
|---|---|---|---|
| Trust Score | 94 | 74 | |
| Year Founded | 1999 | 2003 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | Fineco | Xtrade | |
|---|---|---|---|
| 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 | Xtrade | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Fineco | Xtrade | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 482 | |
| Forex Pairs (Total) | 54 | 56 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| 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 | Xtrade | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | No | Yes |
| Funding | Fineco | Xtrade | |
|---|---|---|---|
| Minimum Deposit | $0 | $250 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Fineco | Xtrade | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | Fineco | Xtrade | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Price Alerts | No | No | |
| Charting - Indicators / Studies (Total) | 37 | N/A | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Fineco | Xtrade | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | No | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | N/A | |
| Mobile Charting - Draw Trendlines | No | No | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Fineco | Xtrade | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Fineco | Xtrade | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Fineco | Xtrade | |
|---|---|---|---|
| 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 | Xtrade Review |
| Overall | Fineco | Xtrade | |
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| Trust Score | 94 | 74 | |
| Winner | check_circle | ||
| Review | Fineco Review | Xtrade Review |
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