Compare Fineco Bank vs Oanda


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

Fineco Bank vs Oanda
overall rating
4.6
4.4
overall pros
  • Low non-trading fees
  • Great mobile trading platform
  • Rock-solid background
  • Great trading platforms
  • Outstanding research tools
  • Fast and user-friendly account opening
overall cons
  • Only bank transfer for deposit
  • Limited educational tools
  • Poor charting tools
  • High forex fees
  • Only FX and CFD available
  • No stock exchange listing and banking background
fees
3.4
  • Low non-trading fees
  • Low stock and ETF fees
  • Low fund fees
  • High forex and options fees
  • High fees for CFD overnight positions
2.9
  • First credit/debit card withdrawal per month is free
  • High forex fees
  • High financing rate
account opening
4.4
  • Fully digital
  • No minimum deposit
  • Slightly slow account verification
4.4
  • Fully digital
  • No minimum deposit
deposit and withdrawal
3.3
  • No deposit fee
  • Several account base currencies
  • Free withdrawal in most cases
  • Credit/Debit card deposit not possible
  • Electronic wallets not accepted
4.2
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • High withdrawal fee for bank transfers and PayPal
web trading platform
4.3
  • Good search function
  • Good variety of order types
  • Modern design
  • Limited customizability (for charts, workspace)
4.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
mobile trading platform
4.7
  • User-friendly
  • Good search function
  • Modern design
5.0
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
desktop trading platform
2.7
  • Good customizability (for charts, workspace)
  • Good search function
  • Not user-friendly
  • No clear fee report available
4.5
  • User-friendly
  • Clear fee report
  • Good customizability (for charts, workspace)
  • No price alerts
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
1.6
  • Forex
  • CFD
research
4.0
  • Trading ideas
  • Data on asset fundamentals
  • Great screeners
  • Limited interactive charting
5.0
  • Good interactive chart
  • Data on asset fundamentals
  • Quality news flow
  • Great API
  • No trading ideas
  • Research tools are poorly organized
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
  • Materials are not well-organized
  • High level of investor protection
  • Banking background
  • Listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Financial information is publicly available
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Traders and investors looking for a great trading platform and a broker with a solid background Forex traders who value a user-friendly platform and great research tools
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