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

Broker Name

FP Markets

FP Markets

VS
Fineco Bank

Fineco Bank

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Broker Overview

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

ECN broker

NA

Years of Existence / Established Year

2005

1999

Customer Base / Number of Accounts

No information

1.4M


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Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

FCA, PRA Bank of Italy and Consob

Awards Won (count for the last 2 years)

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

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

Security Measures

No

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)

10,000+ trading instruments

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

No

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

Yes

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

No

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.)

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Fineco Account Trading Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

Euro 0

Leverage Available

500:1

100:1

Trade Limit (maximum per trade)

Depends on the asset type

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

Commission (per account type)

$3

NA

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

Beginners to experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Bank transfer Credit / Debit cards

Withdrawal Methods

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Bank transfer Credit / Debit cards

Other E-Wallets Supported

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary

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


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Fees & Commissions

Trading-Related Fees

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

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)

Typical

Variable

Per Lot Fees

$2

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

NA

NA

Maximum Leverage

500:1

100:1


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Non-Trading Fees

Dormant Fees

$0

Euro 0

Subscription Fees (for premium features, data feeds)

$0

0.25%

Advisory Fees

$70

$0

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

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

Starts from 0.06 to 0.30 %

$0

Withdrawal Fee

Upto $50

$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)

Depends on the instrument offer

Depends on the assets type


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Customer Support

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

24/7

24/5

Customer Support Methods (phone, email, live chat)

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], 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

12+

2


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Additional Information

Headquarters Location

Sydney,Australia

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.
FP Markets 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.
New users will likely find FP Markets sign-up process more intuitive. Meanwhile, Fineco Bank takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
If you're looking for platform speed and ease of execution, FP Markets delivers a smooth experience. Fineco Bank, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Advanced users will enjoy FP Markets capabilities, but Fineco Bank remains a favorite for its streamlined and beginner-centric approach.