TradingCritique

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

Broker Name

City Index

City Index

VS
Fineco Bank

Fineco Bank

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Broker Overview

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

Market maker

NA

Years of Existence / Established Year

1983

1999

Customer Base / Number of Accounts

1M + active customers

1.4M


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Regulation & Security

Regulations (governing bodies)

CIRO, CySEC, NFA, CFTC, CIMA, FCA, SFC, FSA, MAS, ASIC

FCA, PRA Bank of Italy and Consob

Awards Won (count for the last 2 years)

Best trading app, Best CFD provider, Forex broker.com No.1- Performance Analytics new tool, Best in Class overall

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

Security Measures

FSCS

SIPC & FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

NBP for derivatives not available for professional traders


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,500+ assets types including Shares

6000+ financial products including ETCs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

No

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

Yes

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

No

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

City Index mobile trading app

PowerDesk Fineco App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes (except iOS)


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Account Types & Conditions

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

Standard, MT4, Corporate account

Fineco Account Trading Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

€100

Euro 0

Leverage Available

30:1

100:1

Trade Limit (maximum per trade)

Depends on the assets class

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

Commission (per account type)

€0

NA

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

Beginner to experienced

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, credit card, debit card, e-wallets

Bank transfer Credit / Debit cards

Withdrawal Methods

Bank transfer, credit card, debit card, e-wallets

Bank transfer Credit / Debit cards

Other E-Wallets Supported

Paypal

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Reuters Insider, News and analysis, Trading tools, Advanced trading view Charts

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


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Fees & Commissions

Trading-Related Fees

UK Shares: 0.10% (min. €8 commission)US Shares: 1.5 cents per share (min. €8 commission)

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

Spread (typical, fixed, variable)

Fixed and variable spreads

Variable

Per Lot Fees

NA

Up to Euro 0.85 and $1 per lot

Options Contract Fees

NA

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

Futures Contract Fees

NA

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

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

$0

NA

Maximum Leverage

30:1

100:1


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Non-Trading Fees

Dormant Fees

$15 monthly fee after 24 months of inactivity

Euro 0

Subscription Fees (for premium features, data feeds)

NA

0.25%

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

$0

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

Euro 2.95 per month

Deposit Fee

Credit/ debit card- 2%, others - €0

$0

Currency Conversion Fee

Varies by instrument

$0

Withdrawal Fee

Bank fees may apply

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

No

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Varies by instrument

Depends on the assets type


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Customer Support

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

24/5

24/5

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: 0800 060 8609, 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]

Support Languages

6

2


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Additional Information

Headquarters Location

1st Floor, Moor House, 120 London Wall, London, EC2Y 5ET

Rivoluzione d'Ottobre 16, Reggio Emilia, Italy 42123

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.
If minimizing trading costs is your top priority, City Index might be more attractive due to its lower commissions. Meanwhile, Fineco Bank justifies its moderate fees with more robust tools and professional-grade features.
Account approval at City Index is usually completed within hours, often with automated ID checks. Fineco Bank might take longer due to manual reviews, but provides in-depth onboarding support along the way.
New traders may find City Index interface more welcoming, while Fineco Bank appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
Those seeking technical depth may prefer City Index, while Fineco Bank shines with intuitive design and streamlined features.