Home / Reviews / Fineco / Fees
Fineco fees and how they score
Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind Fineco's cost score.
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 scored on what a trade actually costs all in, not on the headline spread.
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.
What does Fineco charge to hold a position overnight?
Overnight financing at Fineco is recorded as overnight financing applies to multiday CFD positions.