Compare Fineco Bank vs FXTM


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

Fineco Bank vs FXTM
overall rating
4.7
4.2
overall pros
  • Low trading and non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Superb customer service
  • Great educational tools
  • Digital and fast account opening
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • High stock CFD fees
  • Inactivity and withdrawal fees
  • Limited product portfolio
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
3.4
  • Low fees for stock index CFDs
  • Low EURCHF and EURGBP fees
  • High non-trading fees
  • Withdrawal fee
  • High stock CFD fees
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Bit slow account verification
5.0
  • Fast
  • Fully digital
  • User-friendly
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
4.0
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal - within 3 days
  • Most of the withdrawal options have a fee
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
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
2.4
  • Stock
  • Forex
  • CFD
  • Crypto
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
3.8
  • Quality news flow
  • User-friendly
  • Technical analysis-based trading ideas
  • No fundamental data available
customer service
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Educational videos
  • Webinars
  • No demo account
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders and investors looking for low fees and broker with a solid background Forex traders familiar with the MetaTrader 4 platform
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