Compare Fineco Bank vs FP Markets


Online brokers compared for fees, trading platforms, safety and more. See how Fineco Bank stacks up against FP Markets!

Fineco Bank vs FP Markets
overall rating
4.7
4.4
overall pros
  • Low trading and non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Low forex fees
  • Easy and fast account opening
  • Quick deposit and withdrawal
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • High stock CFD fees
  • Limited product portfolio
  • Outdated web and desktop platform
fees
3.7
  • Low stock, ETF, bond, and fund fees
  • Low CFD and futures fees
  • Low non-trading fees
  • High forex and options fees
  • High fees for CFD overnight positions
3.8
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High stock CFD fees
  • High fee for international bank withdrawal
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Bit slow account verification
5.0
  • Fast
  • Fully digital
  • No minimum depsoit for forex accounts
  • High minimum account balance for CFD and stock account types
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card is not available for deposit
  • Missing electronic wallets
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • Some withdrawal options are not free of charge
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Outdated design
mobile trading platform
4.7
  • User-friendly
  • Good search function
  • Modern design
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
1.9
  • Forex
  • CFD
  • Crypto
  • Real stocks from the Australian market
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.0
  • Live chat
  • Great email and phone support
  • No 24/7 support
education
3.0
  • Educational videos
  • Webinars
  • No demo account
4.0
  • Demo account
  • Trading platform tutorial
  • No webinars
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Negative balance protection under CySEC
  • €20,000 investor protection under CySEC
  • Does not hold a banking license
  • No negative balance protection under ASIC
  • No investor protection under ASIC
recommended for Traders and investors looking for low fees and broker with a solid background Forex and CFD traders familiar with MetaTrader and IRESS trading platforms
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