Higher Rated
FXTM
Capital at risk · T&Cs apply
In the realm of online trading, Fineco Bank and FXTM cater to distinct trader profiles with their unique offerings. Fineco Bank, with its comprehensive banking and brokerage services, appeals to European traders seeking a regulated, full-service platform with competitive commissions and a robust proprietary platform like PowerDesk. In contrast, FXTM targets a broader international audience, particularly in Africa and Asia, offering low minimum deposits, high leverage options, and the popular MT4 and MT5 platforms, making it ideal for those prioritising flexibility and platform variety. The primary difference lies in Fineco Bank's focus on European markets and full banking services versus FXTM's global reach and emphasis on forex and CFDs with high leverage.
Fineco Bank
FXTM
| Fineco Bank | FXTM | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.6/5 ✓ |
| Min. Deposit | $0 ✓ | $10 |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:5 | 1:2000 ✓ |
| Regulation | Consob, FCA, Banca d'Italia | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile, PowerDesk | MT4, MT5 |
FXTM is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, Fineco Bank offers lower spreads (0 pips).
See full side-by-side comparison belowFineco Bank
FXTM
WinnerFineco Bank
FXTM
Fineco Bank
3.5/5
Choose Fineco Bank if you want…
FXTM
3.6/5
Choose FXTM if you want…
FXTM scores higher overall on our independent rating system. Fineco Bank holds a 3.5/5 rating vs FXTM's 3.6/5. 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 FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
Fineco Bank requires a minimum deposit of $0. FXTM requires $10.
Fineco Bank is regulated by Consob, FCA, Banca d'Italia, while FXTM holds licences from FCA, CySEC, FSCA.
Fineco Bank supports Proprietary Web, Proprietary Mobile, PowerDesk. FXTM supports MT4, MT5.
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.