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Fineco fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Fineco, from the database.
Facts last checked . Read the full Fineco review.
What it costs to trade
- Spread from
- 1.0 pip
- EUR/USD spread
- From 1.0 pip
- GBP/USD spread
- Instrument/market dependent
- Commission
- $0 on CFD Forex
- All-in cost, EUR/USD
- From 1.0 pip
- Spread type
- Variable
- Overnight swap
- Overnight financing applies to multiday CFD positions
- Deposit fee
- None for standard account funding
- Withdrawal fee
- Banking/account conditions apply
- Currency conversion
- Spread incorporated into applicable FX conversion
What this means
Cost is where brokers in the same regulatory bracket actually differ.
Spreads from 1.0 pip suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Fineco lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Fineco fees
What is the EUR/USD spread at Fineco?
Fineco records an average EUR/USD spread of from 1.0 pip on a variable pricing model.
Does Fineco charge commission?
Fineco's commission is $0 on CFD Forex. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Fineco charge to deposit or withdraw?
Deposit fees at Fineco: None for standard account funding. Withdrawal fees: Banking/account conditions apply.