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

Broker Name

Fineco Bank

Fineco Bank

VS
Oanda

Oanda

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Broker Overview

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

NA

Market maker

Years of Existence / Established Year

1999

1996

Customer Base / Number of Accounts

1.4M

50M


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Regulation & Security

Regulations (governing bodies)

FCA, PRA Bank of Italy and Consob

CFTC / NFA FCA MAS CIRO ASIC FSA FSC in the BVI

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

Broker of the year by TradingView Awards 2023 Most popular broker 3 years in a row in TradingView Awards 2020, 2021, 2022

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

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6000+ financial products including ETCs

68+ major currency pairs

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

Yes

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

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

No

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

PowerDesk Fineco App

Oanda Mobile and Tablet apps

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

Standard account Corporate account Professional trading account

Demo Account (Yes/No)

No

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

Euro 0

$0

Leverage Available

100:1

50:1

Trade Limit (maximum per trade)

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

Varies by instrument

Commission (per account type)

NA

Standard - $50/M Premium - $50/M Premium Plus - $40/M

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

Beginners & experienced

Only experienced


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer Credit / Debit cards

Bank Wire Transfer ACH Debit card

Withdrawal Methods

Bank transfer Credit / Debit cards

Debit card Bank Wire 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

Technical Analysis Premium MetaTrader Tools MT5 comes with inbuilt signal alerts, using latest NLP technology Spreads calculators


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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

Spread starts from 0.0, commission- $30 per 1M

Spread (typical, fixed, variable)

Variable

Typical

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

NA

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

50:1


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Non-Trading Fees

Dormant Fees

Euro 0

10 units of the currency for inactivity atleast 12 months.

Subscription Fees (for premium features, data feeds)

0.25%

$0

Advisory Fees

$0

$0

Swap Fees (Overnight Financing)

NA

Vary on instruments and change on a daily basis

Statement or Document Fee

$0

$0

Account Opening Fee

$0

$0

Account Maintenance Fee

Euro 2.95 per month

$0

Deposit Fee

$0

$0

Currency Conversion Fee

$0

0.50%

Withdrawal Fee

$0

USD - First withdrawal fee in a calendar month Bank transfer / wire transfer - $20 Debit card - no feeUSD - additional withdrawals in a calendar month Bank transfer / wire transfer - fee + $15 Debit card - $15ACH - No fee


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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

All FX products - Sunday 17:05 - Friday 16:59 Cryptocurrency - 24/7


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Customer Support

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

24/5

24x5

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]

Email: mailto:[email protected] Monday to Friday - 8:00 to 20:00 CET Poland (+48)799366830 Malta (+356)20345018 Spain (+34)910479707 France (+33)182884361 Germany (+49)6995019607

Support Languages

2

4


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Additional Information

Headquarters Location

Rivoluzione d'Ottobre 16, Reggio Emilia, Italy 42123

Dashwood House 64, Old Broad Street London EC2M 1QS

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.
While Fineco Bank maintains low trading fees with no minimum deposit, Oanda includes some charges for premium features and certain asset trades, making Fineco Bank the better option for budget-focused traders.
New users will likely find Fineco Bank sign-up process more intuitive. Meanwhile, Oanda 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, Fineco Bank delivers a smooth experience. Oanda, however, is tailored toward traders who want deeper analysis tools and portfolio insights.
Fineco Bank strength lies in high-performance trading, while Oanda provides a more accessible route for everyday investors.