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Side-by-Side Comparison Independent Updated Oct 21, 2026

Swissquote vs Luno 2026: Which Broker is Better?

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

Swissquote

Luno

Higher ratedSwissquote logo

Swissquote

3.8/ 5
Visit Swissquote →Full review
VS
SwissquoteLuno
BrokerRank Score3.8/5 ✓2.9/5
Min. Deposit$1000$0 ✓
Spread from1.3 pips0.1 pips ✓
Max Leverage1:100 ✓1:1
RegulationFCA, MAS ✓FCA
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
LunoSwissquote
Best for Low Fees
LunoSwissquote
Best for Regulation
SwissquoteLuno
Best Overall
SwissquoteLuno
Quick Answer

Swissquote is the better choice overall, scoring 3.8/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Luno offers lower spreads (0.1 pips).

See full side-by-side comparison below

Swissquote vs Luno: Key Differences

Feature

Swissquote

Winner

Luno

Our Rating
3.8 / 5
2.9 / 5
Min. Deposit
$1000
$0
Max Leverage
Spread From
1.3 pips
0.1 pips
Commission
None
$0.25/lot
Regulated By
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Stocks, Cfd, Crypto, Indices, Commodities
Crypto
Founded
1996
2013
Headquarters
Gland, Switzerland
London, UK
Score
3 / 5
2 / 5

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Fees Comparison

Fee

Swissquote

Luno

Spread From
1.3 pips
0.1 pips
Commission
None
$0.25/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Swissquote scores 3.80/5 while Luno scores 2.91/5 in our independent rating.

Swissquote 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?

Swissquote

Swissquote

3.8/5

Top pick

Choose Swissquote if you want…

  • Higher overall rating (3.8/5)
  • No per-trade commission
  • Higher leverage (up to 1:100)
  • More regulatory licences (2)
Luno

Luno

2.9/5

Choose Luno if you want…

  • Tighter spreads (from 0.1 pips)
  • No minimum deposit

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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4.3
FCA
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FCA
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4.0
MAS
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4.0
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Both Swissquote & Luno are available in

Frequently Asked Questions

1

Is Swissquote better than Luno?

Swissquote scores higher overall on our independent rating system. Swissquote holds a 3.8/5 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.

2

Which has lower fees, Swissquote or Luno?

Swissquote offers spreads from 1.3 pips, while Luno starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Swissquote vs Luno?

Swissquote requires a minimum deposit of $1000. Luno requires $0.

4

Which broker is safer, Swissquote or Luno?

Swissquote is regulated by FCA, MAS, while Luno holds licences from FCA.

5

What trading platforms do Swissquote and Luno support?

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

6

Can I use both Swissquote 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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