Fineco vs OANDA (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

OANDA

Trust rank #19 · Founded 1996

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…

Read the OANDA 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. 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.

Fineco vs OANDA: side-by-side data

CriteriaFinecoOANDA
Trust rank#14#19
Founded19991996
HeadquartersItalyCanada
RegulatorsCONSOB, FCAASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA
Broker typeMarket MakerMarket Maker
PlatformsProprietaryMT4, Proprietary, TradingView
InstrumentsForexCommodities, Forex, Indices, Metals
Countries accepted2 countries53 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

OANDA

  • Multi-jurisdiction top-tier regulation (CFTC/NFA, FCA, IIROC, ASIC, MAS)
  • Accepts US clients
  • 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.

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

Fineco vs OANDA: common questions

Which broker is more regulated, Fineco or OANDA?

OANDA holds more regulatory licences: Fineco (CONSOB, FCA) versus OANDA (ASIC, BVI FSC, CFTC, CIRO, FCA, FFAJ, JFSA, JSDA, Kanto Local Finance Bureau, KNF, MAS, MFSA, NFA). Tier-1 licences: Fineco 2, OANDA 7.

Which trading platforms do Fineco and OANDA offer?

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

Which has lower fees, Fineco or OANDA?

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).

Keep comparing

Fineco

OANDA

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.