Fineco Bank
Interactive Brokers
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders and investors looking for a great trading platform and a broker with a solid background
Recommended for Traders looking for broad market access and a professional trading environment
Best online broker
Italy
USA
Fees
Low stock, ETF, bond fees and low non-trading fees, while high forex and options fees
Low trading and non-trading fees, free stock and ETF trading for US customers
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
21
23
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1-3 days
Proof of identity: national ID / passport / driver's license
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement
Trading platform
Markets and products
Disclaimer: 68.03% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 60.0% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Poor
Great
Customer service
Security
Up to €100,000 for cash and €20,000 for securities
£85,000 or $500,000 (but only $250,000 for cash) in the UK depending on the assets you hold; $500,000 ($250,000) in the US; €20,000 (IB Ireland & Luxembourg) or €100,000 (IB Central Europe) in the EU, CAD 1 million in Canada; HKD 500,000 in Hong Kong
1999
1977
Italy, UK
USA, Ireland, UK, Hungary, India, Australia, Canada, Japan, Hong Kong, Singapore
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Fineco Bank's service is on par with Interactive Brokers's and a comparison of their fees shows that Fineco Bank's fees are slightly higher than Interactive Brokers's.
Account opening takes somewhat less effort at Fineco Bank compared to Interactive Brokers, deposit and withdrawal processes are more seamless at Fineco Bank, while customer service quality is similar to Interactive Brokers's.
Our experts rated the trading platform of Fineco Bank as being of the same quality as the platform of Interactive Brokers, found that clients have access to slightly less markets and products with Fineco Bank, while Interactive Brokers provides somewhat better research and education.
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