Luno
FBS
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
Compare Luno and FBS side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Luno
FBS
| Luno | FBS | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.9/5 ✓ |
| Min. Deposit | $0 ✓ | $1 |
| Spread from | 0.1 pips | 0 pips ✓ |
| Max Leverage | 1:1 | 1:3000 ✓ |
| Regulation | FCA | CySEC, ASIC, FSCA ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
FBS is the better choice overall, scoring 3.9/5 vs 3.1/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowLuno
FBS
WinnerLuno
FBS
Lower feesLuno scores 3.13/5 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.
FBS
3.9/5
Choose FBS if you want…
FBS scores higher overall on our independent rating system. Luno holds a 3.1/5 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.
Luno offers spreads from 0.1 pips, while FBS starts at 0 pips. Check the fees section above for a full breakdown.
Luno requires a minimum deposit of $0. FBS requires $1.
Luno is regulated by FCA, while FBS holds licences from CySEC, ASIC, FSCA.
Luno supports Proprietary Web, Proprietary Mobile. FBS supports MT4, MT5, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.