FxPesa vs Luno 2026: Which Broker is Better?
Compare FxPesa and Luno side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FxPesa
Luno
| FxPesa | Luno | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 2.9/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:1 |
| Regulation | CMA | FCA |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FxPesa is the better choice overall, scoring 3.3/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Luno offers lower spreads (0.1 pips).
See full side-by-side comparison belowFxPesa vs Luno: Key Differences
FxPesa
Luno
WinnerStill deciding between FxPesa and Luno?
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Fees Comparison
FxPesa
Luno
BrokerRank Verdict
FxPesa scores 3.33/5 while Luno scores 2.88/5 in our independent rating.
FxPesa edges ahead overall, but Luno 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?
FxPesa
3.3/5
Choose FxPesa if you want…
- Higher overall rating (3.3/5)
- No per-trade commission
- Higher leverage (up to 1:400)
- More market types (5)
Luno
2.9/5
Choose Luno if you want…
- Tighter spreads (from 0.1 pips)
- No minimum deposit
- More established (est. 2013)
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 FxPesa & Luno are available in
Frequently Asked Questions
1Is FxPesa better than Luno?
FxPesa scores higher overall on our independent rating system. FxPesa holds a 3.3/5 rating vs Luno's 2.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FxPesa or Luno?
FxPesa offers spreads from 0.6 pips, while Luno starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FxPesa vs Luno?
FxPesa requires a minimum deposit of $5. Luno requires $0.
4Which broker is safer, FxPesa or Luno?
FxPesa is regulated by CMA, while Luno holds licences from FCA.
5What trading platforms do FxPesa and Luno support?
FxPesa supports MT5, Proprietary Web, Proprietary Mobile. Luno supports Proprietary Web, Proprietary Mobile.
6Can I use both FxPesa and Luno?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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