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Side-by-Side Comparison Independent Updated Oct 25, 2026

Luno vs FBS 2026: Which Broker is Better?

Compare Luno and FBS side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Luno

FBS

LunoFBS
BrokerRank Score2.9/53.9/5 ✓
Min. Deposit$0 ✓$1
Spread from0.1 pips0 pips ✓
Max Leverage1:11:3000 ✓
RegulationFCACySEC, ASIC, FSCA ✓
PlatformsProprietary Web, Proprietary MobileMT4, MT5, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
LunoFBS
Best for Low Fees
FBSLuno
Best for Regulation
FBSLuno
Best Overall
FBSLuno
Quick Answer

FBS is the better choice overall, scoring 3.9/5 vs 2.9/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).

See full side-by-side comparison below

Luno vs FBS: Key Differences

Feature

Luno

FBS

Winner
Our Rating
2.9 / 5
3.9 / 5
Min. Deposit
$0
$1
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$0.25/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
MT4, MT5, Proprietary Mobile
Markets
Crypto
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2013
2009
Headquarters
London, UK
Limassol, Cyprus
Score
1 / 5
4 / 5

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Fees Comparison

Fee

Luno

FBS

Lower fees
Spread From
0.1 pips
0 pips
Commission
$0.25/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Luno scores 2.87/5 while FBS scores 3.88/5 in our independent rating.

FBS 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?

Luno

Luno

2.9/5

Choose Luno if you want…

  • No minimum deposit
FBS

FBS

3.9/5

Top pick

Choose FBS if you want…

  • Higher overall rating (3.9/5)
  • Tighter spreads (from 0 pips)
  • No per-trade commission
  • Higher leverage (up to 1:3000)

Also consider

View all rankings

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.

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4.1
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4.0
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Plus500
4.0
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80% of retail CFD accounts lose money.

Both Luno & FBS are available in

Frequently Asked Questions

1

Is Luno better than FBS?

FBS scores higher overall on our independent rating system. Luno holds a 2.9/5 rating vs FBS's 3.9/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Luno or FBS?

Luno offers spreads from 0.1 pips, while FBS starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Luno vs FBS?

Luno requires a minimum deposit of $0. FBS requires $1.

4

Which broker is safer, Luno or FBS?

Luno is regulated by FCA, while FBS holds licences from CySEC, ASIC, FSCA.

5

What trading platforms do Luno and FBS support?

Luno supports Proprietary Web, Proprietary Mobile. FBS supports MT4, MT5, Proprietary Mobile.

6

Can I use both Luno and FBS?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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BrokerRank Research

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