Side-by-Side Comparison Independent Updated Jun 14, 2026
ForTrade vs Luno 2026: Which Broker is Better?
Compare ForTrade and Luno side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
ForTrade
Luno
VS
| ForTrade | Luno | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 3.9/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 1 pips | 0.1 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | FCA, ASIC, CySEC ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
LunoForTrade
Best for Low Fees
LunoForTrade
Best for Regulation
ForTradeLuno
Best Overall
LunoForTrade
Quick Answer
Luno is the better choice overall, scoring 3.9/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Luno offers lower spreads (0.1 pips).
See full side-by-side comparison belowForTrade vs Luno: Key Differences
Feature
ForTrade
Luno
WinnerOur Rating
3.8 / 5
3.9 / 5
Min. Deposit
$100
$0
Spread From
1 pips
0.1 pips
Commission
None
$0.25/lot
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Crypto
Founded
2013
2013
Headquarters
London, UK
London, UK
Score
2 / 5
3 / 5
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Find my matchFees Comparison
Fee
ForTrade
Luno
Spread From
1 pips
0.1 pips
Commission
None
$0.25/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
ForTrade scores 3.81/5 while Luno scores 3.91/5 in our independent rating.
Luno edges ahead overall, but ForTrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
ForTrade
3.8/5
Choose ForTrade if you want…
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
Luno
3.9/5
Choose Luno if you want…
- Higher overall rating (3.9/5)
- Tighter spreads (from 0.1 pips)
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both ForTrade & Luno are available in
Frequently Asked Questions
1Is ForTrade better than Luno?
Luno scores higher overall on our independent rating system. ForTrade holds a 3.8/5 rating vs Luno's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, ForTrade or Luno?
ForTrade offers spreads from 1 pips, while Luno starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ForTrade vs Luno?
ForTrade requires a minimum deposit of $100. Luno requires $0.
4Which broker is safer, ForTrade or Luno?
ForTrade is regulated by FCA, ASIC, CySEC, while Luno holds licences from FCA.
5What trading platforms do ForTrade and Luno support?
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Luno supports Proprietary Web, Proprietary Mobile.
6Can I use both ForTrade and Luno?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Luno
Capital at risk · T&Cs apply