Trading 212 vs Fineco - Fees Review included

Trading 212 vs Fineco: Pros and Cons

The Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA) and by CySEC in Europe. The broker does not provide data on awards received during the work.

FinecoBank is an Italian FinTech company that started its activities in 1999 and merged with UniCredit Xelion Banca in 2008. In 2018, after leaving UniCredit Group, FinecoBank became an independent bank, which also provides online trading services in the stock market. FinecoBank is regulated by the securities market supervisor Consob (Commissione Nazionale per le Società e la Borsa) and is a member of the Single Resolution Fund.

Trading 212 vs Fineco: Trading Conditions

Trading 212 vs Fineco: Trading Assets

Trading Platforms: Fineco or Trading 212

Trading 212 vs Fineco: Research

Fineco vs Trading 212: Support

Top 5 Reviews on Fineco

• 
  Fineco Bank

  srikrishnasourcing

  16.01.2022

  Comment

  Registered an account with Fineco Bank as it offers online trading training courses. I'm still a complete zero in trading, so you can't do without basic knowledge. For those who have the opportunity to visit the office, the broker offers full-time training. A serious disadvantage for me was the lack of a demo account. The broker offers an author's terminal, so competitors will not be able to practice on third-party software. I had to immediately open the real. On the other hand, perhaps this is for the best: when, in the absence of experience, you begin to lose not candy wrappers, but real money, you become more organized and stop making spontaneous transactions. I've only been trading for 3 months, until everything fits.

• 
  Fineco Bank

  RAIAHMED

  22.09.2021

  Comment

  First of all, FinecoBank attracted me with a wide range of trading instruments such as stocks, ETFs, funds, bonds, futures, options, and Forex. Most all popular assets are here. I am not involved in crypto trading, so I did not notice the absence of crypto coins from the list of available assets. FinecoBank's trading fees are significantly lower than those of its competitors. I would pay my former broker $10 for a $2,000 US stock deal, and FinecoBank only holds back $4. What I would like to point out as a disadvantage of the broker is the high margin rates. Paying 8.1% per year is, in my opinion, a bit too much. Therefore, I trade at FinecoBank only using my own capital.

• 
  Fineco Bank

  mjfx

  05.08.2021

  Comment

  For 7 years of investing in securities, I managed to cooperate with several dozen stockbrokers, but each of them had some significant drawbacks that made me look for another company. I opened an account with FinecoBank 3 years ago and, as always, was skeptical. However, it was this broker who offered me exactly what I was looking for: low fund commissions, a convenient mobile terminal, and a clear fulfillment of their obligations. Now I mainly trade through FinecoBank. Here, the choice of assets is huge, and the conditions are favorable. It is a pity that it is not yet possible to work with cryptocurrencies here. But I think the company does not want to lag behind its competitors, so it will add cryptocurrencies to the list of available financial instruments soon.

• 
  Fineco Bank

  subhan007

  16.07.2021

  Comment

  I have been cooperating with FinecoBank for years. I use its banking services, and not so long ago I started investing in securities here. For this purpose, I use a mobile application, as it makes it easy to manage bank and investment accounts, as well as place market and limit orders. There are no complaints at all about the level of service quality: either by phone or in an online chat; and company representatives always answer not only quickly, but also competently. I can recommend trading stocks, ETFs, and futures at FinecoBank, but only with your own funds. The margin rates are high here.

• 
  Fineco Bank

  x-icome

  05.06.2021

  Comment

  FinecoBank offers different types of trading platforms, but for beginners, I would not recommend using the PowerDesk desktop terminal. It is too complicated, and there are no reports on fees at all. The interfaces of the mobile application and web platform are much simpler and intuitive, although less customizable. The search function works well on both terminals. Price alerts can be set. I invest in mutual funds with FinecoBank and its trading fees are fine with me.

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