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

Broker Name

HFM

HFM

VS
Fineco Bank

Fineco Bank

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Broker Overview

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

Market maker broker

NA

Years of Existence / Established Year

2010

1999

Customer Base / Number of Accounts

2500000 clients

1.4M


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Regulation & Security

Regulations (governing bodies)

FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA

FCA, PRA Bank of Italy and Consob

Awards Won (count for the last 2 years)

Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker

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

Security Measures

Civil Liability insurance program with a limit of €5,000,000

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)

Over 500 markets including energies

6000+ financial products including ETCs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

Yes

Yes

Mutual Funds

No

Yes

Fractional Shares

No

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

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

HFM Platform, Web trading, Mobile trading

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.)

Cent, Zero, Pro , Premium, Corporate, Joint account

Fineco Account Trading Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

Euro 0

Leverage Available

1:1000- 1:2000

100:1

Trade Limit (maximum per trade)

60/ 200 Standard lots per position depends on account types

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)

Beginners to experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Bank transfer Credit / Debit cards

Withdrawal Methods

Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets

Bank transfer Credit / Debit cards

Other E-Wallets Supported

FasaPay, Neteller

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Webinars, eBooks and Guides, Video Tutorials

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


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Fees & Commissions

Trading-Related Fees

Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14

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)

Variable

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

$0

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

34:20:00

100:1


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Non-Trading Fees

Dormant Fees

$10 inactive for 90 days

Euro 0

Subscription Fees (for premium features, data feeds)

$0

0.25%

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

$0

NA

Statement or Document Fee

NA

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

Euro 2.95 per month

Deposit Fee

$0

$0

Currency Conversion Fee

$0

$0

Withdrawal Fee

$0

$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)

Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71

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

27+

2


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Additional Information

Headquarters Location

financial hub of Limassol, Cyprus

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.
HFM is known for competitive pricing on basic trades, especially for beginners. However, Fineco Bank fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
While HFM prioritizes fast registration with minimal steps, Fineco Bank focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
While HFM focuses on mobile-first design and clean user experience, Fineco Bank includes features like in-depth charting, integrated news feeds, and strong desktop performance.
HFM supports complex strategies and asset diversity, while Fineco Bank offers clarity and low-cost access for long-term holders.