Fineco vs OANDA (2026): regulation, platforms and costs compared
Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.
Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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…
OANDA is a well-regarded, regulated forex broker offering broad access to major currency pairs through intuitive web and mobile trading platforms. It provides order execution, research, charting, and educational resources, with products…
Fineco (Italy, founded 1999) holds 2 regulatory licences (CONSOB, FCA), 2 of them tier-1, offers Proprietary and sits in our low-fee bracket. OANDA (Canada, founded 1996) holds 13 regulatory licences (ASIC, BVI FSC, CFTC, CIRO, FCA…), 7 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 OANDA is not, and OANDA in 51 where Fineco is not.
Verdict at a glance
Fineco leads on trust rank.
OANDA leads on track record, regulatory coverage, platform choice, instrument range, country coverage and tier-1 licences.
Level on fee level.
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.
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
No minimum deposit; flexible position sizing (1-unit trades)
Core Pricing + Commission option
Free REST/Streaming API; TradingView integration
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
OANDA
Higher average spreads than ECN brokers
No MetaTrader 5 support
No guaranteed stop-loss orders
Inactivity fee after 12 months
CFDs not available in the US
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
OANDA
Forex and CFD Trading
Top Tier Regulation
MT4 and TradingView Platforms
REST API and Algorithmic Trading
Client Sentiment and Order Book Tools
Flexible Unit Based Position Sizing
Country availability: Fineco vs OANDA
Available at both (2): Italy, United Kingdom.
Only OANDA (51): American Samoa, Australia, Austria, Belgium, Bulgaria, Canada, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Guam, Hong Kong, Hungary, Indonesia, Ireland, Japan and 26 more.
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 OANDA?
OANDA is the older of the two, founded in 1996; Fineco was founded in 1999.
Are Fineco and OANDA available in the same countries?
They overlap in 2 countries. Fineco is additionally available in 0 countries () and OANDA in 51 countries (American Samoa, Australia, Austria, Belgium, Bulgaria, Canada and 45 more).
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.