Written by ForexBrokers.com
In this head to head comparison of FinecoBank vs ACY Securities, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
FinecoBank, established in 1999, stands as a seasoned online broker with a strong reputation. As a publicly traded entity and a bank, it holds two Tier-1 licenses, which are considered highly trusted. It boasts a high Trust Score of 94 out of 99 according to ForexBrokers.com, reflecting its strong reliability in the financial market.
In comparison, ACY Securities was founded in 2011 and, while not publicly traded nor a bank, it holds one Tier-1 license. With a Trust Score of 75, it is categorized as average risk by ForexBrokers.com. Although younger and with a slightly lower trust rating, ACY Securities still maintains a credible presence in the industry.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Year Founded | 1999 | 2011 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
When comparing FinecoBank and ACY Securities on commissions and fees, potential traders will notice distinct differences. FinecoBank's lack of transparency regarding its average spread data for forex and CFD trading makes it challenging to thoroughly gauge the trading costs. It lists spreads of 1 pip and 0.8 pips for the EUR/USD, which, even if averaged, are higher than typical offerings from other forex brokers. On a positive note, Fineco does seemingly offer lower spreads on its index CFDs. FinecoBank earns a modest 3.5-star rating and ranks #50 out of 62 brokers in the Commissions and Fees category, per ForexBrokers.com.
ACY Securities presents a more dynamic approach, catering to varied trading preferences with its diverse account types. The Standard account is accessible with a minimum deposit of $50 and offers average spreads of 1.2 pips on the EUR/USD, slightly above the industry average. For those seeking lower trading costs, the commission-based ProZero and Bespoke accounts offer tighter spreads, averaging down to 0.25 pips, albeit requiring larger deposits of $200 and $10,000, respectively. The ProZero account particularly stands out in Australia, with even lower commissions translating to effective spreads of 0.55. ACY Securities boasts a high rating of 4.5 stars and is placed at #21 in the Commissions and Fees category.
Overall, ACY Securities offers more competitive pricing and transparent options that may better suit diverse trader profiles. FinecoBank, while providing certain strengths such as potentially lower index CFD spreads, lacks the clarity and competitiveness seen with ACY Securities. Those keen on minimizing trading costs and exploring varied account options might find ACY Securities more aligned with their needs.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.85 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the variety of investments, FinecoBank and ACY Securities both offer forex trading as CFDs or spot contracts, providing ample options for those interested in currency trading. FinecoBank boasts a substantial advantage with 9,770 tradeable symbols compared to ACY Securities' 2,200. While ACY Securities edges ahead with 66 tradeable forex pairs versus FinecoBank's 54, FinecoBank excels by allowing investors to purchase exchange-traded securities on both U.S. and international markets. This means clients can directly buy stocks like Apple or Vodafone, a service not available through ACY Securities, which only provides copy trading and cryptocurrency derivatives.
FinecoBank's broad range of investments earns it a high rating of 4.5 stars in this category and a commendable ranking of 16 out of 62 brokers according to ForexBrokers.com. ACY Securities, while offering a decent spread of investments, receives a rating of 4 stars and ranks 30th in the same list. Overall, FinecoBank provides a more diverse investment landscape, particularly for those seeking direct stock investments in major markets. In contrast, ACY Securities offers a more specialized experience focused on forex pairs and innovative trading options such as copy trading and cryptocurrency derivatives.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 9770 | 2200 |
| Forex Pairs (Total) | 54 | 66 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
When examining online broker options, FinecoBank and ACY Securities both present investors with unique trading platforms and tools designed to enhance their trading experience. FinecoBank offers a proprietary trading platform available on Windows-based desktops and web browsers, but lacks the provision of a virtual demo account for simulated trading. The absence of MetaTrader 4 and 5 could limit its appeal to those familiar with these popular platforms. On the other hand, ACY Securities not only provides a proprietary platform with similar accessibility but also supports MetaTrader 4 and MetaTrader 5, making it a versatile choice for seasoned traders. Importantly, ACY Securities also offers a free virtual demo account, allowing newcomers to practice before investing real money.
Both brokers provide web-based and Windows-based desktop platforms. However, ACY Securities stands out with additional tools such as a higher number of drawing tools (15 compared to FinecoBank's 7) and the capability to trade directly from stock charts. Moreover, ACY Securities includes copy trading, offering a distinct advantage for traders interested in mirroring the strategies of experienced investors. Watch lists are also more detailed with ACY Securities, featuring seven columns for organizing information. Despite FinecoBank's higher ranking of #18 in the Trading Platforms and Tools category compared to ACY Securities' #41, both brokers share a four-star rating for their trading platforms and tools, indicating strong overall performance.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 37 | 30 |
| Charting - Drawing Tools (Total) | 7 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | N/A | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FinecoBank and ACY Securities offer mobile trading apps available for iPhone and Android users. While both platforms provide stock or forex price alerts, they differ in other functionalities. FinecoBank's app offers six technical studies for charting, whereas ACY Securities surpasses this with 30. Trendline drawing capabilities are absent in FinecoBank’s app but are readily available in ACY Securities’. Both apps allow users to view multiple time frames on charts, yet FinecoBank’s app does not offer watchlist symbol syncing or real-time quote watchlists, features that are available with ACY Securities.
In terms of usability, FinecoBank’s app does not auto save chart drawings, which may inconvenience traders, as opposed to the ACY Securities app, where this feature is present. Despite these differences, both services maintain a user rating of four out of five stars for their mobile apps. When evaluated by ForexBrokers.com among 62 brokers, FinecoBank secures the 42nd position while ACY Securities is ranked slightly higher at 40th. This indicates that while both apps are highly rated, ACY Securities may offer more comprehensive features for active traders.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 6 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of FinecoBank and ACY Securities, a few key differences stand out. FinecoBank provides its users with forex news from major outlets like Bloomberg, Reuters, and Dow Jones, ensuring traders have access to high-quality information. In contrast, ACY Securities does not supply news from these top-tier sources, which may impact traders accustomed to in-depth, high-level news updates. However, ACY Securities does offer daily market commentary, providing insights into the financial markets on a regular basis, an option not available with FinecoBank.
Both brokers share some similarities in their offerings. They each provide an economic calendar highlighting significant global news events, a useful tool for traders to anticipate market movements. Neither broker offers research tools from companies like Autochartist or Trading Central, nor do they provide sentiment-based trading tools or market research from TipRanks or Acuity Trading. Overall, FinecoBank slightly outperforms ACY Securities in research ratings, scoring 4 out of 5 stars compared to ACY Securities' 3.5 stars, and ranks higher among 62 brokers, positioned at #33 compared to ACY Securities' #44 ranking, according to ForexBrokers.com.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners from FinecoBank and ACY Securities, each platform has its strengths. FinecoBank offers a solid library of instructional materials with over ten beginner-focused videos covering various trading topics. Additionally, they provide regular online educational webinars, though they lack a searchable archive of these sessions. FinecoBank also has an investor dictionary with more than 50 investing terms, offering an excellent foundational resource for beginners. Although they are ranked 49th in education by ForexBrokers.com, they hold a commendable rating of 4 stars.
On the other hand, ACY Securities stands out with a comprehensive educational offering featuring more than ten resources specifically focusing on forex and CFDs. Like FinecoBank, they host monthly educational webinars but go a step further by offering a searchable archive of past webinars, which can be invaluable for learners wanting to revisit topics. While both brokers provide numerous beginner educational videos, neither offers a robust collection of advanced trading videos. Despite lacking an investor dictionary, ACY Securities' emphasis on their forex and CFDs educational content is noteworthy, earning them a slightly lower education rating of 3.5 stars and a 43rd place ranking by ForexBrokers.com.
| Feature |
FinecoBank
|
ACY Securities
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FinecoBank is better than ACY Securities. FinecoBank finished with an overall rank of #25, while ACY Securities finished with an overall rank of #41.
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 |
FinecoBank
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ACY Securities
|
|---|---|---|
| Overall Rating |
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| Trust Score | 94 | 75 |
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When comparing FinecoBank and ACY Securities in terms of cryptocurrency offerings, FinecoBank does not provide the option to buy actual cryptocurrencies or derivatives, whereas ACY Securities allows clients to invest in cryptocurrency derivatives but not in the actual cryptocurrencies themselves.
When comparing online brokers FinecoBank and ACY Securities for deposit and withdrawal options, both offer ACH and SEPA transfers as well as bank wires, while ACY Securities stands out by additionally accepting Visa, Mastercard, and Skrill, services that FinecoBank does not support, and neither broker facilitates transactions via PayPal.
Please 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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0 of 5| Overall Rating | FinecoBank | ACY Securities | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | ACY Securities Review |
| Broker Screenshots | FinecoBank | ACY Securities | |
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| Regulation | FinecoBank | ACY Securities | |
|---|---|---|---|
| Trust Score | 94 | 75 | |
| Year Founded | 1999 | 2011 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | FinecoBank | ACY Securities | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FinecoBank | ACY Securities | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FinecoBank | ACY Securities | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 9770 | 2200 | |
| Forex Pairs (Total) | 54 | 66 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | FinecoBank | ACY Securities | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.85 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | No |
| Funding | FinecoBank | ACY Securities | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FinecoBank | ACY Securities | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FinecoBank | ACY Securities | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 7 | |
| Charting - Indicators / Studies (Total) | 37 | 30 | |
| Charting - Drawing Tools (Total) | 7 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FinecoBank | ACY Securities | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | FinecoBank | ACY Securities | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | FinecoBank | ACY Securities | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FinecoBank | ACY Securities | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FinecoBank Review | ACY Securities Review |
| Overall | FinecoBank | ACY Securities | |
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| Trust Score | 94 | 75 | |
| Winner | check_circle | ||
| Review | FinecoBank Review | ACY Securities Review |
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