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Saxo Bank vs Fineco Bank 2022

April 26, 2022
Last modified June 23, 2022

Saxo Bank is better than Fineco Bank.

Trying to decide between Saxo Bank and Fineco Bank? 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.

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Overall Rating expand_moreexpand_less Saxo Bank Fineco Bank XTB
Overall Rating star star 9.5 / 10 star star 7.7 / 10 star star 8.7 / 10
Account Type expand_moreexpand_less Saxo Bank Fineco Bank XTB
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account Yes No Yes
Islamic Account No Yes Yes
Copy Trading expand_moreexpand_less Saxo Bank Fineco Bank XTB
Social Trading / Copy Trading Yes No Yes
DupliTrade No No No
ZuluTrade No No No
Cryptocurrency expand_moreexpand_less Saxo Bank Fineco Bank XTB
Cryptocurrency (Physical) No No No
Cryptocurrency (CFD) Yes No Yes
Bitcoin Yes No Yes
ethereum Yes No Yes
Forex Trading expand_moreexpand_less Saxo Bank Fineco Bank XTB
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less Saxo Bank Fineco Bank 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 expand_moreexpand_less Saxo Bank Fineco Bank XTB
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No No No
Social Trading / Copy Trading Yes No Yes
Metals Yes Yes Yes
Energies Yes Yes Yes
Agriculturals Yes No Yes
ETF Yes Yes No
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less Saxo Bank Fineco Bank XTB
Apple iOS App Yes Yes Yes
Android App Yes Yes Yes
Proprietary Platform Yes Yes Yes
Desktop Platform (Windows) Yes Yes Yes
Web Platform Yes Yes Yes
MetaTrader 4 (MT4) Yes No Yes
MetaTrader 5 (MT5) No No No
Regulatory Licenses expand_moreexpand_less Saxo Bank Fineco Bank XTB
Tier-1 Licenses 6 1 1
ASIC Authorised (Australia) Yes No No
IIROC Authorised (Canada) No No No
FCA Authorised (U.K.) Yes Yes Yes
SFC Authorised (Hong Kong) Yes No No
MAS Authorised (Singapore) Yes No No
FINMA Authorised (Switzerland) Yes No No
CFTC Registered (USA) No No No
Tier-2 Licenses 1 0 3
Tier-3 Licenses 0 0 1
Research, Education expand_moreexpand_less Saxo Bank Fineco Bank XTB
Trading Central (Recognia) No No No
Forex News (Top-Tier Sources) Yes Yes Yes
Daily Market Commentary Yes No Yes
Autochartist Yes No No
Investor Dictionary (Glossary) Yes Yes No
Videos - Beginner Trading Videos Yes Yes Yes
Client Webinars (Archived) Yes Yes Yes
Trading Costs expand_moreexpand_less Saxo Bank Fineco Bank XTB
Minimum Initial Deposit $2,000 $0 $0
Average Spread EUR/USD - Standard 0.8 (August 2020) N/A 0.9 (Q3 2021)
All-in Cost EUR/USD - Active 0.6 (August 2020) N/A 0.9 (Q3 2021)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) Yes No Yes
PayPal (Deposit/Withdraw) No No Yes
Trading Tools expand_moreexpand_less Saxo Bank Fineco Bank XTB
Watchlists - Total Fields 62 8
Mobile Watchlist Yes No Yes
Charting - Indicators / Studies (Total) 62 90 39
Mobile Charting - Indicators / Studies 62 N/A 39
Trust Factors expand_moreexpand_less Saxo Bank Fineco Bank XTB
Year Founded 1992 1999 2002
Publicly Traded (Listed) No Yes Yes
Bank Yes Yes No
Authorised in European Union Yes Yes Yes
Trust Score 99 92 95
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