Fineco vs FXCM (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

Fineco

Trust rank #14 · Founded 1999

Fineco forex broker offers a multi-asset trading platform with broad currency pair access, built-in research, charting, and risk management tools. It delivers a streamlined web and mobile experience for order placement and…

Read the Fineco review

FXCM

Trust rank #9 · Founded 1999

FXCM is a well-regarded forex broker that provides access to currency pairs on proprietary and third-party trading platforms, with market research, education, and risk management tools. It operates through regulated entities.

Read the FXCM review

Fineco (Italy, founded 1999) holds 2 regulatory licences (CONSOB, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. FXCM (United Kingdom, founded 1999) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, Proprietary, TradingView and sits in our low-fee bracket. The two overlap in 2 countries; Fineco is available in 0 countries where FXCM is not, and FXCM in 224 where Fineco is not.

Verdict at a glance

  • FXCM leads on trust rank, regulatory coverage, platform choice, instrument range and country coverage.
  • Level on track record, fee level and tier-1 licences.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Fineco vs FXCM: side-by-side data

CriteriaFinecoFXCM
Trust rank#14#9
Founded19991999
HeadquartersItalyUnited Kingdom
RegulatorsCONSOB, FCAASIC, CySEC, FCA, FSCA
Broker typeMarket MakerSTP
PlatformsProprietaryMT4, Proprietary, TradingView
InstrumentsForexCommodities, Cryptocurrencies, Forex, Indices
Countries accepted2 countries226 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesRetail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Fineco

  • EU-regulated bank broker; segregated client funds
  • Negative balance protection (ESMA)
  • Proprietary PowerDesk platform with advanced charting and order types
  • Multicurrency account with instant FX conversion
  • Competitive variable spreads on major FX pairs

FXCM

  • FCA- and ASIC-regulated; segregated client funds
  • NDD/STP agency execution; deep liquidity
  • Trading Station and MT4; advanced charting and order types
  • REST/FIX APIs and Python SDK; VPS support for algos
  • Broad instrument range: FX, indices, commodities, crypto CFDs

Cons

Fineco

  • No MetaTrader (MT4/MT5) or cTrader support
  • Retail leverage capped at 1:30 (ESMA/UK)
  • Smaller FX pair selection vs top brokers
  • No social/copy trading features
  • No open API for automated trading

FXCM

  • Not available to U.S. clients
  • Inactivity fee
  • Limited product range
  • Best pricing requires high balance/volume
  • Offshore unregulated entity exposure

Key features

Fineco

  • EU Bank Regulated by Bank of Italy and CONSOB
  • Forex CFDs with ESMA Leverage up to 30 to 1
  • Proprietary Platforms PowerDesk Web and Mobile
  • Advanced Charting and Order Types including Trailing Stops
  • Multicurrency Accounts and Real Time FX Conversion
  • Negative Balance Protection for Retail Clients

FXCM

  • STP No Dealing Desk Forex Execution
  • Multi Asset Forex and CFD Trading
  • Trading Station MetaTrader 4 NinjaTrader and TradingView Integration
  • REST and FIX API and VPS for Algorithmic Trading
  • FCA ASIC and FSCA Regulation with Segregated Funds and Negative Balance Protection
  • Active Trader Account with Volume Based Pricing

Country availability: Fineco vs FXCM

Available at both (2): Italy, United Kingdom.

Only FXCM (224): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina and 199 more.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Fineco vs FXCM: common questions

Which broker is more regulated, Fineco or FXCM?

FXCM holds more regulatory licences: Fineco (CONSOB, FCA) versus FXCM (ASIC, CySEC, FCA, FSCA). Tier-1 licences: Fineco 2, FXCM 2.

Which trading platforms do Fineco and FXCM offer?

Fineco offers Proprietary; FXCM offers MT4, Proprietary, TradingView.

Which has lower fees, Fineco or FXCM?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Fineco or FXCM?

Fineco is the older of the two, founded in 1999; FXCM was founded in 1999.

Are Fineco and FXCM available in the same countries?

They overlap in 2 countries. Fineco is additionally available in 0 countries () and FXCM in 224 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 218 more).

Keep comparing

Fineco

FXCM

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.