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Pepperstone vs Fineco Bank 2024

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Written by ForexBrokers.com

August 29, 2023

Is Pepperstone better than Fineco Bank? In our analysis of 23 international regulators across 62 of the best forex brokers, Pepperstone is considered Highly Trusted, with an overall Trust Score of 95 out of 99. Fineco Bank is considered Highly Trusted, with an overall Trust Score of 95 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating Pepperstone Fineco Bank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 4/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 94
Winner check_circle
Review Pepperstone Review Fineco Bank Review
Broker Screenshots Pepperstone Fineco Bank
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Pepperstone Fineco Bank
Trust Score info 95 94
Year Founded info 2010 1999
Publicly Traded (Listed) info No Yes
Bank info No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 3 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0
Tier-1 Licenses (Highly Trusted) Pepperstone Fineco Bank
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) Pepperstone Fineco Bank
Kenya (CMA Authorised) info Yes No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Pepperstone Fineco Bank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 2342 9770
Forex Pairs (Total) info 62 54
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes No
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Pepperstone Fineco Bank
Average Spread EUR/USD - Standard info 0.77 info N/A info
All-in Cost EUR/USD - Active info 0.87 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes No
Funding Pepperstone Fineco Bank
Minimum Deposit info $200 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms Pepperstone Fineco Bank
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Pepperstone Fineco Bank
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 7 N/A
Charting - Indicators / Studies (Total) info 15 37
Charting - Drawing Tools (Total) info 30 7
Charting - Trade From Chart info Yes No
Charts can be saved info Yes Yes
Mobile Trading Pepperstone Fineco Bank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 6
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research Pepperstone Fineco Bank
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Pepperstone Fineco Bank
Education (Forex or CFDs) info Yes No
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Pepperstone Fineco Bank
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Pepperstone Review Fineco Bank Review
Overall Pepperstone Fineco Bank
Overall Rating info 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 4/5 Stars 4.5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 95 94
Winner check_circle
Review Pepperstone Review Fineco Bank Review
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Pepperstone vs Fineco Bank Comparison

We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare Pepperstone vs Fineco Bank.

Can I trust Pepperstone?

Pepperstone is not publicly traded and does not operate a bank. Pepperstone is authorised by three Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 (High Risk). Pepperstone is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and regulated in the European Union via the MiFID passporting system.

Can I trust Fineco Bank?

Fineco Bank is publicly traded and does operate a bank. Fineco Bank is authorised by three Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). Fineco Bank is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and regulated in the European Union via the MiFID passporting system.

Is Pepperstone good?

Pepperstone offers a growing range of tradeable markets, good-quality research, and support for multiple social copy trading platforms.

Is Fineco Bank good?

FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.

What is the minimum deposit requirement for opening an account with Pepperstone?

To open a trading account with Pepperstone, you'll need to make an initial minimum deposit of $200.

What is the minimum deposit requirement for opening an account with Fineco Bank?

Fineco Bank requires a minimum deposit of $0 before you can open an account and start trading.

What funding options does each broker offer?

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Pepperstone offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw) for banking, whereas Fineco Bank provides Bank Wire (Deposit/Withdraw).

Does Pepperstone or Fineco Bank offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Pepperstone offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

Is Pepperstone or Fineco Bank safer for forex and CFDs trading?

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Pepperstone holds 3 global Tier-1 licenses, while Fineco Bank holds 2. Pepperstone holds 2 global Tier-2 licenses, while Fineco Bank holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Pepperstone (95) earned a higher Trust Score than Fineco Bank (94).

Which trading platform is better: Pepperstone or Fineco Bank?

To compare the trading platforms of both Pepperstone and Fineco Bank, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco Bank offers a better experience. With research, Pepperstone offers superior market research. Finally, we found Pepperstone to provide better mobile trading apps.

Here’s what trading platforms are available at Pepperstone:

  • Proprietary Platform - No
  • Web Platform - Yes
  • cTrader - Yes
  • DupliTrade - Yes
  • MT4 - Yes
  • MT5 - Yes
  • ZuluTrade - No
  • TradingView - Yes

Here’s what trading platforms are available at Fineco Bank:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - No
  • MT5 - No
  • ZuluTrade - No
  • TradingView - No

What about MetaTrader? How about copy trading?

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Pepperstone offers MetaTrader 4 (MT4), while Fineco Bank does not. Forex traders also appreciate the ability to engage in social copy trading. While Pepperstone offers copy trading, Fineco Bank does not.

What can I trade with each broker?

Pepperstone provides traders 62 currency pairs (e.g., EUR/USD) compared to Fineco Bank's 54 available pairs. If you are interested in trading CFDs, Fineco Bank offers traders access to 9770 CFDs, while Pepperstone offers access to 2342 CFDs; so Fineco Bank offers 7428 more CFDs than Pepperstone.

We found in our testing that Fineco Bank offers a more diverse selection of investment options than Pepperstone, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Cryptocurrency (Physical).

Overall winner: Pepperstone

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announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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