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Fineco vs HFM 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 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.

Fineco
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 94
  • Tradeable Symbols (Total): 9770
HFM
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 86
  • Tradeable Symbols (Total): 500

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.

Regulation

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.

Feature Fineco logoFineco
HFM logoHFM
Year Founded info 1999 2010
Publicly Traded (Listed) info Yes No
Bank info Yes No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 0 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

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.

Feature Fineco logoFineco
HFM logoHFM
Minimum Deposit info $0 $0
Average Spread EUR/USD - Standard info N/A info 1.2 info
All-in Cost EUR/USD - Active info N/A info 0.7 info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


5/5 Stars

Join 239,000+ traders worldwide.

4.5/5 Stars

Regulated in 7 jurisdictions

Range of investments

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.

Feature Fineco logoFineco
HFM logoHFM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 9770 500
Forex Pairs (Total) info 54 102
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

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.

Feature Fineco logoFineco
HFM logoHFM
Virtual Trading (Demo) info No Yes
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 37 15
Charting - Drawing Tools (Total) info 7 30
Charting - Trade From Chart info No Yes
Watchlists - Total Fields info N/A 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

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.

Feature Fineco logoFineco
HFM logoHFM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 6 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info No Yes

Dive deeper: Best Forex Trading Apps.

Market research

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.

Feature Fineco logoFineco
HFM logoHFM
Daily Market Commentary info No Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info No Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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.

Feature Fineco logoFineco
HFM logoHFM
Education (Forex or CFDs) info No Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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.

Feature Fineco logoFineco
HFM logoHFM
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 94 86
Range of Investments 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4.0/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Fineco or HFM?

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.

What funding options does each broker offer?

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.




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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Compare

0 of 5
Overall Rating Fineco HFM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.0/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 94 86
Winner check_circle
Review Fineco Review HFM Review
Broker Screenshots Fineco HFM
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 Fineco HFM
Trust Score info 94 86
Year Founded info 1999 2010
Publicly Traded (Listed) info Yes No
Bank info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 0 3
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Fineco HFM
Australia (ASIC Authorised) info Yes No
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) Fineco HFM
Kenya (CMA Authorised) info No Yes
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Fineco HFM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 9770 500
Forex Pairs (Total) info 54 102
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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
Average Spread EUR/USD - Standard info N/A info 1.2 info
All-in Cost EUR/USD - Active info N/A info 0.7 info
Active Trader or VIP Discounts info No No
Inactivity Fee info No Yes
Execution: Agency Broker info No No
Execution: Market Maker info No Yes
Funding Fineco HFM
Minimum Deposit info $0 $0
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms Fineco HFM
Proprietary Platform info Yes Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Fineco HFM
Virtual Trading (Demo) info No Yes
Alerts - Basic Fields info No Yes
Watchlists - Total Fields info N/A 7
Charting - Indicators / Studies (Total) info 37 15
Charting - Drawing Tools (Total) info 7 30
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading Fineco HFM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info No Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 6 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research Fineco HFM
Daily Market Commentary info No Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info No Yes
Economic Calendar info Yes Yes
Education Fineco HFM
Education (Forex or CFDs) info No Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Fineco HFM
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 Fineco Review HFM Review
Overall Fineco HFM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4.0/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 94 86
Winner check_circle
Review Fineco Review HFM Review
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