Side-by-Side Comparison Independent Updated Jun 14, 2026
Luno vs ForTrade 2026: Which Broker is Better?
Compare Luno and ForTrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Luno
ForTrade
VS
| Luno | ForTrade | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.8/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.1 pips ✓ | 1 pips |
| Max Leverage | 1:1 | 1:500 ✓ |
| Regulation | FCA | FCA, ASIC, CySEC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
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 belowLuno vs ForTrade: Key Differences
Feature
Luno
WinnerForTrade
Our Rating
3.9 / 5
3.8 / 5
Min. Deposit
$0
$100
Spread From
0.1 pips
1 pips
Commission
$0.25/lot
None
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Crypto
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Founded
2013
2013
Headquarters
London, UK
London, UK
Score
3 / 5
2 / 5
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Find my matchFees Comparison
Fee
Luno
ForTrade
Spread From
0.1 pips
1 pips
Commission
$0.25/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Luno scores 3.91/5 while ForTrade scores 3.81/5 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?
Luno
3.9/5
Choose Luno if you want…
- Higher overall rating (3.9/5)
- Tighter spreads (from 0.1 pips)
- No minimum deposit
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)
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 Luno & ForTrade are available in
Frequently Asked Questions
1Is Luno better than ForTrade?
Luno scores higher overall on our independent rating system. Luno holds a 3.9/5 rating vs ForTrade's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Luno or ForTrade?
Luno offers spreads from 0.1 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Luno vs ForTrade?
Luno requires a minimum deposit of $0. ForTrade requires $100.
4Which broker is safer, Luno or ForTrade?
Luno is regulated by FCA, while ForTrade holds licences from FCA, ASIC, CySEC.
5What trading platforms do Luno and ForTrade support?
Luno supports Proprietary Web, Proprietary Mobile. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Luno and ForTrade?
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