Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs Fineco, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets, established in 1989, and Fineco, which came into existence in 1999, both offer online brokerage services. These companies are publicly traded, with CMC Markets not operating as a bank, whereas Fineco is a licensed bank. When comparing their regulatory standings, CMC Markets holds five Tier-1 licenses, which are highly trusted by ForexBrokers.com, and one Tier-2 license. On the other hand, Fineco holds two Tier-1 licenses and does not possess any Tier-2 licenses.
When it comes to trust and reliability, CMC Markets has achieved a Trust Score of 99 out of 99 from ForexBrokers.com, indicating a high level of trust. Fineco also maintains a strong reputation with a Trust Score of 94. This shows that both platforms are regarded as reliable by industry standards, but CMC Markets holds a slight edge in trust ratings. Potential investors should consider these factors when deciding between the two brokerages for their investment needs.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Year Founded | 1989 | 1999 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | Yes |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When examining the commissions and fees of CMC Markets versus Fineco, CMC Markets emerges as a clear leader, earning a 5-star rating and securing the top spot in the Commissions and Fees category in the 2025 Annual Awards. Famous for its low spread offering, CMC Markets provides competitive pricing that consistently ranks above the industry average. On its standard account, traders can expect average spreads of 0.61 pips on the EUR/USD, a figure supported by price data from August 2023. Their FX Active pricing adds a commission-based model with spreads starting at zero pips, offering an economical trading cost of an all-in 0.5 pip on the EUR/USD with additional currency pairs also benefiting from this structure.
Furthermore, CMC Markets' Price Plus Scheme benefits active traders, facilitating discounts through Trading Points accumulated based on trading activities. The program allows traders to achieve a 20% discount by accumulating Trading Points, making it an attractive option for high-volume traders. This extensive commitment to providing competitive pricing solidifies CMC Markets' top position among 63 brokers in the Commissions and Fees category.
In contrast, Fineco scores 3.5 stars and ranks 51st among the same brokers, falling short in its transparency and competitiveness in trading costs. Fineco does not disclose average spread data, which makes it challenging to fully evaluate its trading costs. The company states a spread of 1 pip for the EUR/USD, higher than what is typically available from other forex brokers, though occasionally listing a spread of 0.8 pips without specifying if these are average values or providing a date range. Fineco appears to show more competitive pricing on index CFDs, but overall, the lack of clear average spread information presents a downside for traders seeking comprehensive cost assessments.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Minimum Deposit | $0 | $0 |
| Average Spread EUR/USD - Standard | 0.61 | N/A |
| All-in Cost EUR/USD - Active | 0.51 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Join 239,000+ traders worldwide.
Regulated in 7 jurisdictions
When comparing CMC Markets to Fineco, both brokers provide a comprehensive range of investment options, including forex trading as CFDs or spot contracts. CMC Markets stands out with a wider selection, offering 11,925 tradeable symbols compared to Fineco’s 9,770. Forex enthusiasts will find CMC Markets particularly appealing with an offering of 156 forex pairs, while Fineco provides 54. Both brokers facilitate trading of exchange-traded securities on both U.S. and international exchanges, allowing clients to invest in major stocks like Apple and Vodafone. However, CMC Markets offers the added benefit of copy trading, which Fineco does not support.
While neither broker allows the purchase of actual cryptocurrencies, CMC Markets provides access to cryptocurrency derivatives, whereas Fineco does not. For individuals seeking a wide variety of investment products, CMC Markets receives a perfect 5-star rating for its range of investments and ranks #9 among 63 brokers. Fineco, though slightly more limited in offerings, still achieves a commendable 4.5-star rating and holds the #16 spot in the same category. This makes CMC Markets an attractive option for investors looking for diverse and innovative investment opportunities.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 11925 | 9770 |
| Forex Pairs (Total) | 156 | 54 |
| U.S. Stock Trading (Non CFD) | Yes | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
When comparing CMC Markets and Fineco for their trading platforms and tools, CMC Markets stands out with a more comprehensive offering. CMC Markets provides a free virtual demo account for simulated trading, which Fineco lacks. Both brokers offer proprietary platforms and Windows-based desktop applications, alongside web-based trading platforms. CMC Markets further enhances trader experience with features like copy trading and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which aren't available at Fineco. Additionally, CMC Markets supports 40 drawing tools for charting, allowing for more detailed technical analysis compared to Fineco's seven tools. Traders on CMC Markets can also trade directly from a stock chart, a convenience not offered by Fineco. Moreover, CMC Markets allow for up to 11 column fields on watch lists, surpassing Fineco's capabilities.
On a star-rating scale, CMC Markets receives 5 stars for trading platforms and tools, while Fineco is rated 4 stars. CMC Markets is notably ranked 4th out of 63 brokers in ForexBrokers.com's Trading Platforms and Tools category, whereas Fineco is positioned at 18th. These distinctions highlight CMC Markets' appeal for those seeking a versatile trading environment with advanced features, catering well to both novice and experienced traders who value innovative tools and expansive charting options.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 79 | 37 |
| Charting - Drawing Tools (Total) | 40 | 7 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 11 | N/A |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both CMC Markets and Fineco offer comprehensive mobile trading apps available on iPhone and Android devices, catering to traders who are constantly on the go. With both platforms allowing users to receive stock and forex price alerts, traders can stay informed about market movements. However, CMC Markets distinguishes itself with enhanced features such as watchlist symbol syncing, which ensures that any changes made to watchlists are updated across both mobile and online platforms. This convenience is not available with Fineco's app.
When it comes to charting capabilities, CMC Markets' app is superior with 29 technical studies compared to Fineco's six. Users of the CMC Markets app can draw trendlines and have them automatically saved, offering a seamless experience during technical analysis, something not supported by Fineco. Both apps allow viewing of multiple time frames on charts, yet only CMC Markets allows creating watchlists with real-time quotes. These differences are reflected in their ratings, with CMC Markets earning five stars and ranking 5th out of 63 brokers, while Fineco holds a four-star rating and is ranked 42nd. The more advanced features offered by CMC Markets provide a well-rounded and efficient trading app experience.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 29 | 6 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing market research offerings between CMC Markets and Fineco, there are some notable differences. CMC Markets provides daily market commentary, keeping traders updated with the latest insights. On the other hand, Fineco does not offer this feature. Both platforms supply forex news from reputable sources like Bloomberg and Reuters, ensuring traders have access to high-quality information. However, CMC Markets goes a step further by providing technical analysis tools from Autochartist and a sentiment-based trading tool showing ratios of long or short positions. Fineco does not offer these tools, which can be a significant advantage for traders seeking detailed market data. Additionally, both brokers provide an economic calendar to track global economic events.
CMC Markets is highly regarded in the industry for its research offerings, earning a 5-star rating and ranking 6th out of 63 brokers according to ForexBrokers.com. In contrast, Fineco has a 4-star rating, placing it 33rd. The comprehensive research features from CMC Markets, including its wide array of tools and insights, cater to traders who prioritize in-depth market analysis. Fineco provides a solid foundation for forex news and calendars, but lacks some of the more advanced tools offered by CMC Markets.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, CMC Markets offers a comprehensive array, making it a strong contender for new traders looking to dive into forex and CFD trading. They provide a wide selection of more than ten detailed educational materials, which include articles, videos, and archived webinars specifically focused on forex or CFDs. Additionally, CMC Markets has a searchable archive of recorded webinars, enhancing accessibility and learning flexibility for users. For beginners, there are over ten educational videos crafted to ease them into the world of trading, complemented by advanced content for those ready to deepen their knowledge. Their offering is also bolstered by an extensive investor dictionary, making learning the ropes smoother for aspiring traders.
In contrast, while Fineco offers quality beginner educational videos on trading topics and an investor dictionary similar to CMC Markets, they fall short in other areas. Though they excel in providing monthly online webinars, enhancing live learning opportunities, they don't have a searchable webinar archive or as extensive a variety of educational materials focused specifically on forex and CFDs. Furthermore, their resources for advanced traders are limited. Fineco's overall educational offerings, as reflected in their 4-star rating and number 49 ranking out of 63 brokers by ForexBrokers.com, suggest that while they are a strong option for beginners not focused on forex or CFD education, CMC Markets stands out significantly in breadth and depth.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than Fineco. CMC Markets finished with an overall rank of #4, while Fineco finished with an overall rank of #25.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
|
Fineco
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 94 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
CMC Markets allows investors to trade in cryptocurrency derivatives, whereas Fineco does not offer cryptocurrency derivatives, and neither platform provides options to purchase actual, delivered cryptocurrencies.
CMC Markets and Fineco both support ACH/SEPA transfers and bank wires for funding and withdrawals, but while CMC Markets additionally accepts PayPal and Visa/Mastercard, Fineco does not offer these options, and neither platform accepts Skrill.
Please 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | CMC Markets | Fineco | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fineco Review |
| Broker Screenshots | CMC Markets | Fineco | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | CMC Markets | Fineco | |
|---|---|---|---|
| Trust Score | 99 | 94 | |
| Year Founded | 1989 | 1999 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | Fineco | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | Fineco | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | CMC Markets | Fineco | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 11925 | 9770 | |
| Forex Pairs (Total) | 156 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | CMC Markets | Fineco | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.61 | N/A | |
| All-in Cost EUR/USD - Active | 0.51 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | No |
| Funding | CMC Markets | Fineco | |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | CMC Markets | Fineco | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | CMC Markets | Fineco | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 11 | N/A | |
| Charting - Indicators / Studies (Total) | 79 | 37 | |
| Charting - Drawing Tools (Total) | 40 | 7 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | Fineco | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 29 | 6 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | CMC Markets | Fineco | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | Fineco | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | CMC Markets | Fineco | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | CMC Markets Review | Fineco Review |
| Overall | CMC Markets | Fineco | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 94 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Fineco Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill