Luno vs FXTrading.com

Luno vs FXTrading.com Comparison Table 2023
Luno Review 2023	FXTrading.com Review 2023
Review 2 Luno is #31 in our crypto broker rankings.	Review 3.6
Traders from US accepted	Traders from US not accepted See available CFD brokers
Established in 2013, Luno has a mission to make crypto investments simple and accessible for all. The brand has a customer base of 9+ million across 43 countries. Trading fees are competitive, with no market maker charges and access to popular tokens like Bitcoin.	FXTrading.com is global broker offering highly leveraged CFDs on 10,000+ assets, including forex, stocks, indices, commodities and cryptocurrencies. Competitive prices with raw spreads and low to zero commissions are available. Traders can use the popular MetaTrader 4 platform and will have access to a suite of additional analytical tools and other resources. The multi-regulated brokerage is authorized by the ASIC and VFSC.
Bonus Offer
	50% Up to $250 plus 10% up to $2250
Comment by Reviewer
"Luno will appeal to beginners looking to trade popular cryptocurrencies on a user-friendly mobile app and web platform."	"FXTrading.com is a good brand for active traders who want a no-frills way to access a wide range of markets with low fees and frequent trader rewards."
Pros
Instant Trade, savings wallets, and crypto transactions supported Third-party proof of reserves audits available to view Transparent fee structure with zero market maker charges Market news, insights and educational content available 'Deep Freeze' multi-signature wallets to store cryptos High liquidity and high-speed platform so the spreads are kept low Simple and easy-to-use interface	Blog, forex books and V.O.D library, interactive courses, market analysis, webinars and Autochartist Excellent range of markets including 10,000+ stocks, 70+ forex pairs and cryptos Supports popular MT4 trading platform backed up with proprietary analytical tools Good raw spreads available, starting from zero depending on market conditions Australian branch is ASIC-regulated High leverage up to 1:500 No dealing desk intervention Active trader bonuses Rapid execution Tier 1 liquidity
Cons
Very narrow range of cryptos with up to 11 tokens available that varies by jurisdiction Poor payment methods with restrictions in some countries Below average customer support with no live chat or telephone Limited analysis tools and features for seasoned traders Not regulated or insured, raising safety concerns	No negative balance protection Global branch has weak regulation
Instruments
Crypto	Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
No	Yes
Minimum Deposit
£1	$200
Trading Platforms
Own	MT4 AutoChartist
Payment Methods
Credit Card Debit Card Wire Transfer	Credit Card Mastercard Neteller PayPal POLi UnionPay Visa Wire Transfer WorldPay
Minimum Trade
£10	0.01 Lots
Regulator
	ASIC, VFSC
Margin Trading
No	No
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	Yes
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
	USD EUR GBP CAD AUD NZD
Stock Exchanges
	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
	Gold Silver
CFD Trading
CFD trading not offered	FXTrading offers CFDs on a wide range of assets, including forex, stocks, commodities, indices and cryptocurrencies. Commodities include a selection of softs as well as metals and energies, and the eight indices offered include the US30, US500 and UK100. Flexible leverage is available with excellent risk management tools.
Leverage
	1:500
FTSE Spread
	Floating from 0.5 points
GBPUSD Spread
	Floating from 0 pips
Oil Spread
	Floating from 1 pip
Stocks Spread
	Variable
Forex Trading
Forex trading not offered	FXTrading clients can access 70+ forex pairs with high leverage up to 1:500, fast execution averaging 80ms, excellent liquidity and spreads from zero. A good selection of minors and exotics are available as well as all the majors. New users can start trading forex in 4 easy steps.
GBPUSD Spread
	Floating from 0 pips
EURUSD Spread
	Floating from 0 pips
EURGBP Spread
	Floating from 0 pips
Assets
	70+
Cryptocurrency
Luno supports cryptocurrency trading, staking and transferring on major tokens, including Bitcoin, Ethereum, Ripple and Cardano. There are no maker fees and taker fees vary by trading volume starting from 0.10%. 95% of cryptocurrencies are held in 'deep freeze' multi-signature, encrypted wallets.	FXTrading offers CFDs on 11 cryptocurrencies in 17 pairs, with six large cryptos including Bitcoin, Ethereum and Litecoin available to trade against USD or AUD. All other cryptos trade in USD pairs. Decent leverage of 1:10 or 1:20 is available depending on the crypto.
Spread
Variable	Floating
Coins
BTC ETH LTC XRP BCH USDC	BTC ETH XRP ADA BCH BNB DOG DOT EOS LTC XLM
Crypto Lending
Yes	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
Yes	No

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