Fineco vs Pepperstone (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

Pepperstone

Trust rank #10 · Founded 2010

Pepperstone is a well-regarded forex broker offering access to forex and CFD markets through multiple trading platforms, with tools for analysis and risk management.

Read the Pepperstone 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. Pepperstone (Australia, founded 2010) holds 8 regulatory licences (ASIC, BaFin, CMA, CySEC, DFSA…), 3 of them tier-1, offers cTrader, MT4, MT5, TradingView and sits in our low-fee bracket. The two overlap in 2 countries; Fineco is available in 0 countries where Pepperstone is not, and Pepperstone in 227 where Fineco is not.

Verdict at a glance

  • Fineco leads on track record.
  • Pepperstone leads on trust rank, 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 Pepperstone: side-by-side data

CriteriaFinecoPepperstone
Trust rank#14#10
Founded19992010
HeadquartersItalyAustralia
RegulatorsCONSOB, FCAASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB
Broker typeMarket MakerECN, STP
PlatformsProprietarycTrader, MT4, MT5, TradingView
InstrumentsForexCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted2 countries229 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesRetail TradingCopy Trading, Professional 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

Pepperstone

  • Raw spreads from 0.0 pips + low commissions
  • Ultra-low-latency market execution, deep liquidity
  • NDD/STP model with scalping, hedging, and EAs allowed
  • MT4/MT5, cTrader, TradingView, and API support
  • Top-tier regulation (FCA, ASIC)

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

Pepperstone

  • No guaranteed stop-loss orders
  • Negative balance protection limited to EU/UK retail clients
  • Not available to U.S. residents
  • CFDs-only offering (no real stocks/ETFs)
  • No proprietary trading platform

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

Pepperstone

  • Agency model no dealing desk market execution
  • Razor raw spreads and Standard pricing
  • MT4 MT5 cTrader and TradingView platforms
  • Advanced tools Autochartist Smart Trader Tools cTrader Automate and VPS
  • Tier 1 regulation and segregated client funds ASIC FCA CySEC DFSA BaFin
  • Wide range of CFDs forex indices commodities shares and crypto where permitted

Country availability: Fineco vs Pepperstone

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

Only Pepperstone (227): 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 202 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 Pepperstone: common questions

Which broker is more regulated, Fineco or Pepperstone?

Pepperstone holds more regulatory licences: Fineco (CONSOB, FCA) versus Pepperstone (ASIC, BaFin, CMA, CySEC, DFSA, FCA, FSCA, SCB). Tier-1 licences: Fineco 2, Pepperstone 3.

Which trading platforms do Fineco and Pepperstone offer?

Fineco offers Proprietary; Pepperstone offers cTrader, MT4, MT5, TradingView.

Which has lower fees, Fineco or Pepperstone?

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 Pepperstone?

Fineco is the older of the two, founded in 1999; Pepperstone was founded in 2010.

Are Fineco and Pepperstone available in the same countries?

They overlap in 2 countries. Fineco is additionally available in 0 countries () and Pepperstone in 227 countries (Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola and 221 more).

Keep comparing

Fineco

Pepperstone

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.