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Fineco Bank vs Cobra Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Fineco Bank

Fineco Bank

VS
Cobra Trading

Cobra Trading

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

NA

None

Years of Existence / Established Year

1999

2003

Customer Base / Number of Accounts

1.4M

Info not available


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Regulation & Security

Regulations (governing bodies)

FCA, PRA Bank of Italy and Consob

FINRA NFA

Awards Won (count for the last 2 years)

Winner of EMAS Italia 2023 Best in ESG in MF investment and advisor awards 2023 Sustainability leaders 2023

Cobra Trading the best day trading platform

Security Measures

SIPC & FSCS

SIPC

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

NBP for derivatives not available for professional traders

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6000+ financial products including ETCs

-

Currency Pairs

Yes

No

Commodities

Yes

No

Indices

Yes

No

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

Yes

No

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes with Venom trading

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

Yes

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

No

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

PowerDesk Fineco App

DAS Trader Pro Sterling Trader Pro Cobra Trading view integration

Platform Compatibility (Windows, Mac, iOS, Android)

Yes (except iOS)

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Fineco Account Trading Account

Joint (JTWROS) Individual Retirement Account - IRA Roth - IRA Corporate LLC Trust Partnership

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

Euro 0

$25,000

Leverage Available

100:1

4:1

Trade Limit (maximum per trade)

CFDs Min 2% to Max 6% for intraday trading Min 7% to Max 100% for multiday trading

Trade size vary on each asset

Commission (per account type)

NA

$0

Best Suited For (e.g., beginners, experienced traders)

Beginners & experienced

Experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer Credit / Debit cards

Check Wire Account transfer

Withdrawal Methods

Bank transfer Credit / Debit cards

Check Wire Account transfer

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Margination Automatic Orders Multicurrency Multiple Filters Remunerated Portfolio Video guides & online webinars

Advanced order types Basket trading Charting & Multi account management Blogs, Posts & platform videos


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Fees & Commissions

Trading-Related Fees

CFD Stocks - Euro 0 CFD Indices - Euro 0 CFD Commodities -Euro 0 CFD Forex - Euro0 CFD Crypto -Euro 0 Knock out - Euro 0 ETF promotion -Euro 0 Certificates - Euro 0 Euro 3.95 per order on investments

$0.0015 per share

Spread (typical, fixed, variable)

Variable

NA

Per Lot Fees

Up to Euro 0.85 and $1 per lot

NA

Options Contract Fees

IDEM options - Euro 1.95 EUREX Options - Euro 1.95 CBOE Options - $1.95

$0.30 per contract

Futures Contract Fees

Futures IDEM - Euro 1.95 EUREX Futures - Euro 0.95 CME Futures - $1

NA

Markup Fees on Spread

$0

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

100:1

4:1


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Non-Trading Fees

Dormant Fees

Euro 0

$15

Subscription Fees (for premium features, data feeds)

0.25%

$0

Advisory Fees

$0

NA

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

$0

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

Euro 2.95 per month

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$0

NA

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

No

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

4am to 8pm EST


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

Monday-Friday - 7am to 4.30pm Saturday & Sunday - Closed

Customer Support Methods (phone, email, live chat)

UK - 08006406667 Abroad - +44 (0) 20 7065 7557 Monday to Friday, from 10:00 am to 6:30 pm.Email: mailto:[email protected]

Toll free: 877-792-6272 Direct: 972-491-7999 Fax: 972-491-3111 Email: mailto:[email protected] Live Chat

Support Languages

2

1


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Additional Information

Headquarters Location

Rivoluzione d'Ottobre 16, Reggio Emilia, Italy 42123

3008 E. Hebron Pkwy Building 400 Carrolton, TX 75010

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Fineco Bank is known for competitive pricing on basic trades, especially for beginners. However, Cobra Trading fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
The account creation flow at Fineco Bank is modern and app-driven, making it seamless for new users. Cobra Trading, however, leans toward traditional processes with forms and verifications that take more time.
The trading interface of Fineco Bank is known for its speed and ease-of-use, while Cobra Trading shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
Fineco Bank stands out for active traders with robust tools, while Cobra Trading suits investors seeking simplicity and ease of use.