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Inside the headset by default? No. When connected to a PC? Yes, as long as you have a lighthouse tracker like a Tundra Tracker or Vive Tracker attached to the headset and run OpenVR Space Calibrator

Unless you're doing full body tracking, that's not an issue at all. The Frame controllers have the exact same individual finger tracking as Index. If anything, it's wise to get off of Index controllers as Valve is going to stop manufacturing them soon.