Fineco vs HFM 2025
In this head to head comparison of Fineco vs HFM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
In this head to head comparison of Fineco vs HFM, 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.
Fineco, founded in 1999, and HFM, established in 2010, are both prominent online brokers, yet they exhibit notable differences in their regulatory statuses. Fineco distinguishes itself as a publicly traded company and operates as a bank, offering a sense of security associated with financial institutions. It holds two Tier-1 licenses, recognized as the most trusted level by ForexBrokers.com, affirming its strong regulatory standing. Fineco earns a high Trust Score of 94 out of 99, indicating a level of reliability that makes it a preferred choice for many investors.
On the other hand, HFM, while not publicly traded and not a bank, presents a solid regulatory framework with its two Tier-1 and three Tier-2 licenses. These licenses collectively contribute to HFM's Trust Score of 86 out of 99, demonstrating its status as a trusted broker. Though HFM began operations over a decade later than Fineco, its impressive accumulation of Tier-2 licenses highlights its commitment to maintaining trusted practices and ensuring client confidence.
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Year Founded | 1999 | 2010 |
Publicly Traded (Listed) | Yes | No |
Bank | Yes | No |
Tier-1 Licenses | 2 | 2 |
Tier-2 Licenses | 0 | 3 |
Tier-3 Licenses | 0 | 0 |
Tier-4 Licenses | 0 | 2 |
When comparing the commissions and fees of Fineco and HFM, traders might find it tricky to ascertain Fineco's true costs due to the lack of average spread data for forex and CFD trading. Fineco lists a spread of 1 pip for the EUR/USD, and even though they also list a spread of 0.8 pips, neither figure is highlighted as an average. Moreover, Fineco does not provide a specific date range for these spreads, though traders may find more favorable spreads on its index CFDs. In terms of ratings, Fineco scores 3.5 out of 5 stars and is ranked #51 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
On the other hand, HFM's trading costs are slightly above the industry average. However, their standard trading account typically has a spread of 1.2 pips, but similar to Fineco, lacks a specified date range. For those opting for the Zero account, the effective spread is noted at 0.7 pips after commission, yet this is also not presented as a typical average. Despite these factors, HFM fares better in ratings compared to Fineco, with 4 out of 5 stars and a ranking of #31 in the Commissions and Fees category by ForexBrokers.com.
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Minimum Deposit | $0 | $0 |
Average Spread EUR/USD - Standard | N/A | 1.2 |
All-in Cost EUR/USD - Active | N/A | 0.7 |
Active Trader or VIP Discounts | No | No |
ACH or SEPA Transfers | Yes | No |
PayPal (Deposit/Withdraw) | No | No |
Skrill (Deposit/Withdraw) | No | Yes |
Visa/Mastercard (Credit/Debit) | No | Yes |
Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When considering the variety of investment options, Fineco and HFM each present distinct offerings for traders. Fineco leads with an impressive 9,770 tradeable symbols, covering a broad spectrum that includes exchange-traded securities on U.S. and international exchanges, allowing you to invest in companies like Apple and Vodafone. This platform supports forex trading as CFDs or spot contracts, offering 54 forex pairs. While it does not provide cryptocurrencies or copy trading options, its extensive investment choices earn it a 4.5-star rating and a high positioning at #16 out of 63 brokers in the Range of Investments category.
In comparison, HFM caters to a different investment style with 500 tradeable symbols and the capability for forex trading through CFDs or spot contracts with an extensive list of 102 forex pairs. Notably, HFM does not provide exchange-traded securities from U.S. or international exchanges but excels with options for cryptocurrency derivatives and offers copy trading, making it a significant draw for those interested in diversified trading strategies. With a 4-star rating and a ranking of #36 in Range of Investments, HFM brings competitive features for traders seeking unique opportunities in the forex and derivative markets.
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Forex Trading (Spot or CFDs) | Yes | Yes |
Tradeable Symbols (Total) | 9770 | 500 |
Forex Pairs (Total) | 54 | 102 |
U.S. Stock Trading (Non CFD) | Yes | No |
Int'l Stock Trading (Non CFD) | Yes | No |
Social Trading / Copy Trading | No | Yes |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (Derivative) | No | Yes |
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 the trading platforms and tools offered by Fineco and HFM, both brokers present distinct features tailored to different types of traders. Fineco stands out with its proprietary platform that is available as a Windows-based desktop download, and it also offers a web-based trading option. However, Fineco lacks key features such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) support, as well as copy trading capabilities. Despite these shortcomings, Fineco still ranks #18 out of 63 brokers in trading platforms and tools, offering seven drawing tools but no option for practicing trades through a demo account. Its system does not support direct trading from stock charts.
On the other hand, HFM provides a more comprehensive platform experience that includes both MT4 and MT5, appealing to traders who prefer these popular tools. HFM also supports copy trading, which can be attractive for those interested in mimicking the strategies of experienced traders. Furthermore, HFM offers simulated trading with a free virtual demo account, 30 drawing tools for advanced chart analysis, and the convenience of trading directly from stock charts. While Fineco is more highly ranked, HFM still holds a respectable position at #42 and earns a matching rating of four stars for its trading platforms and tools overall, boasting a detailed seven-column format for watch lists.
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Virtual Trading (Demo) | No | Yes |
Proprietary Platform | Yes | Yes |
Desktop Platform (Windows) | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading / Copy Trading | No | Yes |
MetaTrader 4 (MT4) | No | Yes |
MetaTrader 5 (MT5) | No | Yes |
DupliTrade | No | No |
ZuluTrade | No | No |
Charting - Indicators / Studies (Total) | 37 | 15 |
Charting - Drawing Tools (Total) | 7 | 30 |
Charting - Trade From Chart | No | Yes |
Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading, both Fineco and HFM provide apps for iPhone and Android users, offering essential features like stock and forex price alerts. However, where these two applications diverge is in their additional functionalities. Fineco's app, while straightforward, offers six technical studies for its charting tools. In contrast, HFM stands out with thirty technical studies, providing traders a more comprehensive set of tools. HFM also allows drawing trendlines directly on charts, and it supports watchlists with real-time quotes. These enhanced charting features make it easier for traders to execute detailed analyses directly from their smartphones. Unfortunately, neither enables symbol syncing between the app's watchlist and the online account, which might be a drawback for those who frequently switch between devices.
Fineco and HFM both enable traders to view multiple time frames, such as daily or intraday. However, HFM offers the convenience of auto-saving drawings on stock or forex charts, which can be a significant time-saver. Despite their differences, both apps are well-rated, earning four out of five stars for their mobile trading experience. According to ForexBrokers.com, HFM slightly edges out Fineco, ranking 39th compared to Fineco's 42nd position among 63 brokers. This suggests that while both apps offer reliable trading platforms, HFM currently provides a few more features that might appeal to seasoned traders seeking enhanced charting capabilities.
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Android App | Yes | Yes |
Apple iOS App | Yes | Yes |
Mobile Alerts - Basic Fields | Yes | Yes |
Watchlist Syncing | No | No |
Mobile Charting - Indicators / Studies | 6 | 30 |
Mobile Charting - Draw Trendlines | No | Yes |
Mobile Charting - Multiple Time Frames | Yes | Yes |
Mobile Charting - Drawings Autosave | No | Yes |
Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the research offerings of Fineco and HFM, you'll notice some key differences in their market research options. HFM stands out by providing daily market commentary and access to technical analysis tools from Autochartist, which Fineco does not offer. Both brokers supply forex news from well-respected sources like Bloomberg, Reuters, and Dow Jones, and each includes an economic calendar to track global news events. Despite sharing these features, HFM further distinguishes itself by offering a sentiment-based trading tool that shows the ratio of long or short positions across various instruments, a feature absent from Fineco's services.
In terms of ratings, both Fineco and HFM receive a 4-star rating for their research capabilities, reflecting a solid level of service. However, when ranked among 63 brokers, HFM holds a stronger position at #20 compared to Fineco's #33 spot, indicating a slightly higher regard in the research category. Although neither broker offers tools from Trading Central, TipRanks, or Acuity Trading, traders seeking comprehensive market analysis might lean towards HFM for its additional resources and stronger industry ranking.
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Daily Market Commentary | No | Yes |
Forex News (Top-Tier Sources) | Yes | Yes |
Autochartist | No | Yes |
Trading Central (Recognia) | No | No |
Social Sentiment - Currency Pairs | No | Yes |
TipRanks | No | No |
Signal Centre (Acuity Trading) | No | No |
Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking educational resources in the world of online trading, both Fineco and HFM provide various learning materials, though they differ in certain aspects. Fineco offers insightful webinars monthly and a comprehensive investor dictionary with over 50 terms, making it easy for newcomers to understand basic investing concepts. Additionally, Fineco includes over 10 beginner videos covering key trading topics. Although it lacks a searchable archive of past webinars and doesn't provide advanced videos, its offerings are robust enough to earn it a 4-star rating for education. However, Fineco does not focus on forex or CFDs education in-depth beyond beginner-level material.
Conversely, HFM caters to both beginners and more experienced traders with a wider selection of educational content. It provides a wealth of over 10 educational pieces specifically focusing on forex and CFDs. Like Fineco, HFM offers monthly webinars and an investor dictionary but goes a step further with its extensive archive of recorded webinars and advanced trading videos. These features not only support continuous learning but also provide flexibility for participants to learn at their own pace. HFM also has a 4-star rating for education, but its broader range and in-depth materials place it higher in the ForexBrokers.com education category rankings at #37 compared to Fineco’s #49.
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Education (Forex or CFDs) | No | Yes |
Client Webinars | Yes | Yes |
Client Webinars (Archived) | No | Yes |
Videos - Beginner Trading Videos | Yes | Yes |
Videos - Advanced Trading Videos | No | Yes |
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 Fineco is better than HFM. Fineco finished with an overall rank of #25, while HFM finished with an overall rank of #30.
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.
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Overall Rating |
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Trust Score | 94 | 86 |
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When comparing Fineco and HFM in terms of cryptocurrency offerings, neither platform provides the option to buy actual (delivered) cryptocurrencies; however, HFM sets itself apart by allowing the purchase of cryptocurrency derivatives, a feature not available with Fineco.
Fineco allows ACH or SEPA transfers and bank wires for deposits and withdrawals but not PayPal, Skrill, Visa, or Mastercard, whereas HFM supports Skrill, Visa, Mastercard, and bank wires, but not ACH or SEPA transfers or PayPal for account fund transfers.
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.
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0 of 5Overall Rating | Fineco | HFM | |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 94 | 86 | |
Winner | check_circle | ||
Review | Fineco Review | HFM Review |
Broker Screenshots | Fineco | HFM | |
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Trading Platforms Gallery (click to expand) | |||
Mobile Trading Gallery (click to expand) | |||
Research Gallery (click to expand) | |||
Education Gallery (click to expand) |
Regulation | Fineco | HFM | |
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Trust Score | 94 | 86 | |
Year Founded | 1999 | 2010 | |
Publicly Traded (Listed) | Yes | No | |
Bank | Yes | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
Tier-1 Licenses | 2 | 2 | |
Tier-2 Licenses | 0 | 3 | |
Tier-3 Licenses | 0 | 0 | |
Tier-4 Licenses | 0 | 2 |
Tier-1 Licenses (Highly Trusted) | Fineco | HFM | |
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Australia (ASIC Authorised) | Yes | No | |
Canada (CIRO Authorised) | No | No | |
Hong Kong (SFC Authorised) | No | No | |
Japan (SFC Authorised) | No | No | |
Singapore (MAS Authorised) | No | No | |
Switzerland (FINMA Authorised) | No | No | |
United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
USA (CFTC Authorized) | No | No | |
New Zealand (FMA Authorised) | No | No | |
Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
Tier-2 Licenses (Trusted) | Fineco | HFM | |
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Kenya (CMA Authorised) | No | Yes | |
Israel (ISA Authorised) | No | No | |
South Africa (FSCA Authorised) | No | Yes | |
UAE (DFSA/Central Bank Authorised) | No | Yes | |
India (SEBI Authorised) | No | No | |
Jordan (JSC Authorised) | No | No |
Investments | Fineco | HFM | |
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Forex Trading (Spot or CFDs) | Yes | Yes | |
Tradeable Symbols (Total) | 9770 | 500 | |
Forex Pairs (Total) | 54 | 102 | |
U.S. Stock Trading (Non CFD) | Yes | No | |
Int'l Stock Trading (Non CFD) | Yes | No | |
Social Trading / Copy Trading | No | Yes | |
Cryptocurrency (Physical) | No | No | |
Cryptocurrency (Derivative) | No | Yes | |
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 | Fineco | HFM | |
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Average Spread EUR/USD - Standard | N/A | 1.2 | |
All-in Cost EUR/USD - Active | N/A | 0.7 | |
Active Trader or VIP Discounts | No | No | |
Inactivity Fee | No | Yes | |
Execution: Agency Broker | No | No | |
Execution: Market Maker | No | Yes |
Funding | Fineco | HFM | |
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Minimum Deposit | $0 | $0 | |
PayPal (Deposit/Withdraw) | No | No | |
Skrill (Deposit/Withdraw) | No | Yes | |
Visa/Mastercard (Credit/Debit) | No | Yes | |
Bank Wire (Deposit/Withdraw) | Yes | Yes | |
ACH or SEPA Transfers | Yes | No |
Trading Platforms | Fineco | HFM | |
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Proprietary Platform | Yes | Yes | |
Desktop Platform (Windows) | Yes | Yes | |
Web Platform | Yes | Yes | |
Social Trading / Copy Trading | No | Yes | |
MetaTrader 4 (MT4) | No | Yes | |
MetaTrader 5 (MT5) | No | Yes | |
cTrader | No | No | |
DupliTrade | No | No | |
ZuluTrade | No | No |
Trading Tools | Fineco | HFM | |
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Virtual Trading (Demo) | No | Yes | |
Alerts - Basic Fields | No | Yes | |
Watchlists - Total Fields | N/A | 7 | |
Charting - Indicators / Studies (Total) | 37 | 15 | |
Charting - Drawing Tools (Total) | 7 | 30 | |
Charting - Trade From Chart | No | Yes | |
Charts can be saved | Yes | Yes |
Mobile Trading | Fineco | HFM | |
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Android App | Yes | Yes | |
Apple iOS App | Yes | Yes | |
Mobile Alerts - Basic Fields | Yes | Yes | |
Mobile Watchlist | No | Yes | |
Watchlist Syncing | No | No | |
Mobile Charting - Indicators / Studies | 6 | 30 | |
Mobile Charting - Draw Trendlines | No | Yes | |
Mobile Charting - Multiple Time Frames | Yes | Yes | |
Mobile Charting - Drawings Autosave | No | Yes | |
Mobile Economic Calendar | Yes | Yes |
Research | Fineco | HFM | |
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Daily Market Commentary | No | Yes | |
Forex News (Top-Tier Sources) | Yes | Yes | |
Autochartist | No | Yes | |
Trading Central (Recognia) | No | No | |
TipRanks | No | No | |
Social Sentiment - Currency Pairs | No | Yes | |
Economic Calendar | Yes | Yes |
Education | Fineco | HFM | |
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Education (Forex or CFDs) | No | Yes | |
Client Webinars | Yes | Yes | |
Client Webinars (Archived) | No | Yes | |
Videos - Beginner Trading Videos | Yes | Yes | |
Videos - Advanced Trading Videos | No | Yes | |
Investor Dictionary (Glossary) | Yes | Yes |
Major Forex Pairs | Fineco | HFM | |
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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 | Fineco Review | HFM Review |
Overall | Fineco | HFM | |
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Overall Rating |
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Commissions & Fees |
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Range of Investments |
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Platforms & Tools |
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Mobile Trading |
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Research |
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Education |
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Trust Score | 94 | 86 | |
Winner | check_circle | ||
Review | Fineco Review | HFM Review |