Fineco Bank
FxPesa
VS
Higher Rated
Fineco Bank
Capital at risk · T&Cs apply
Choosing between Fineco Bank and FxPesa depends on your trading style, preferred markets, and budget. Fineco Bank is headquartered in Milan, Italy, while FxPesa operates from Nairobi, Kenya. Fineco Bank has the longer track record, established in 1999, compared to FxPesa which was founded in 2019. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Fineco Bank
FxPesa
Fineco Bank is the better choice overall, scoring 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Fineco Bank offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Fineco Bank
3.5 vs 3.3
Lowest Fees
Fineco Bank
0 vs 0.6 pips
Regulation
Fineco Bank
3 vs 1 licences
Min. Deposit
Fineco Bank
$0 vs $5
Fineco Bank
WinnerFxPesa
Fineco Bank
FxPesa
Fineco Bank holds licences from FCA, Consob, Banca d'Italia. FxPesa is regulated by CMA.
Both brokers offer access to Cfd, Forex, Crypto markets. Fineco Bank additionally covers Stocks, Etf. FxPesa adds Indices, Commodities.
On spreads, Fineco Bank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at FxPesa.
Fineco Bank supports Proprietary Web, Proprietary Mobile, PowerDesk. FxPesa offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Fineco Bank requires no minimum deposit, while FxPesa sets a minimum deposit of $5. This makes Fineco Bank accessible to traders with any budget.
BrokerRank scores Fineco Bank at 3.45/5 and FxPesa at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Fineco Bank leads overall with a clear advantage.
Fineco Bank scores higher overall on our independent rating system. Fineco Bank holds a 3.5/5 rating vs FxPesa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Fineco Bank offers spreads from 0 pips, while FxPesa starts at 0.6 pips. Check the fees section above for a full breakdown.
Fineco Bank requires a minimum deposit of $0. FxPesa requires $5.
Fineco Bank is regulated by Consob, FCA, Banca d'Italia, while FxPesa holds licences from CMA.
Fineco Bank supports Proprietary Web, Proprietary Mobile, PowerDesk. FxPesa supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.