Fineco Bank is better than HFM.
Trying to decide between Fineco Bank and HFM? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Overall Rating | 7.7 / 10 | 7.6 / 10 | 8.7 / 10 |
| Account Type | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | No | Yes | Yes |
| Islamic Account | Yes | Yes | Yes |
| Copy Trading | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Social Trading / Copy Trading | No | Yes | Yes |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Cryptocurrency | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Cryptocurrency (CFD) | No | Yes | Yes |
| Bitcoin | No | Yes | Yes |
| ethereum | No | Yes | Yes |
| Forex Trading | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | Fineco Bank | HFM | XTB |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Forex Trading | Yes | Yes | Yes |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | No | No | No |
| Social Trading / Copy Trading | No | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | No | Yes | Yes |
| ETF | Yes | Yes | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Apple iOS App | Yes | Yes | Yes |
| Android App | Yes | Yes | Yes |
| Proprietary Platform | Yes | No | Yes |
| Desktop Platform (Windows) | Yes | Yes | Yes |
| Web Platform | Yes | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes | No |
| Regulatory Licenses | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Tier-1 Licenses | 1 | 1 | 1 |
| ASIC Authorised (Australia) | No | No | No |
| IIROC Authorised (Canada) | No | No | No |
| FCA Authorised (U.K.) | Yes | Yes | Yes |
| SFC Authorised (Hong Kong) | No | No | No |
| MAS Authorised (Singapore) | No | No | No |
| FINMA Authorised (Switzerland) | No | No | No |
| CFTC Registered (USA) | No | No | No |
| Tier-2 Licenses | 0 | 3 | 3 |
| Tier-3 Licenses | 0 | 1 | 1 |
| Research, Education | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Trading Central (Recognia) | No | No | No |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | No | Yes | Yes |
| Autochartist | No | Yes | No |
| Investor Dictionary (Glossary) | Yes | No | No |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes | Yes |
| Trading Costs | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Minimum Initial Deposit | $0 | $5 | $0 |
| Average Spread EUR/USD - Standard | N/A | 1.2 (August 2021) | 0.9 (Q3 2021) |
| All-in Cost EUR/USD - Active | N/A | 0.9 (August 2021) | 0.9 (Q3 2021) |
| Active Trader or VIP Discounts | No | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No | Yes |
| Trading Tools | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Watchlists - Total Fields | 7 | 8 | |
| Mobile Watchlist | No | Yes | Yes |
| Charting - Indicators / Studies (Total) | 90 | 15 | 39 |
| Mobile Charting - Indicators / Studies | N/A | 30 | 39 |
| Trust Factors | Fineco Bank | HFM | XTB |
|---|---|---|---|
| Year Founded | 1999 | 2010 | 2002 |
| Publicly Traded (Listed) | Yes | No | Yes |
| Bank | Yes | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 92 | 85 | 95 |
