OctaFX vs Luno
| OctaFX | Luno |
|---|---|
4.1
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Not Yet Rated
Luno is #30 in our crypto broker rankings. |
 Traders from US not accepted |
Traders from US accepted |
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OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service. |
Luno is a global cryptocurrency exchange that is headquartered in the UK and offers a range of DeFi services. |
| Bonus Offer | |
| Up to 50% deposit bonus | |
| Promotions | |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | Crypto |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $100 | £1 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 lots | £10 |
| Regulator | |
| SVGFSA, CySEC | |
| Margin Trading | |
| Yes | No |
| MetaTrader 4 | |
| Yes | No |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| Yes | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | No |
| 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 | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| Yes (iOS & Android) | iOS & Android |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| Yes | No |
| Copy Trading Platform | |
| Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes (EAs) | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| 0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs on the financial markets with floating spreads and flexible leverage. | CFD trading not offered |
| Leverage | |
| 1:500 (Global), 1:30 (EU) | |
| FTSE Spread | |
| 1.8 | |
| GBPUSD Spread | |
| 1.1 | |
| Oil Spread | |
| 0.7 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips. | Forex trading not offered |
| Forex App | |
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application. |
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| GBPUSD Spread | |
| 1.1 | |
| EURUSD Spread | |
| 0.7 | |
| EURGBP Spread | |
| 2.1 | |
| Assets | |
| 35 | |
| Cryptocurrency | |
| Trade 30+ popular digital currencies paired with the USD. | Luno supports cryptocurrency trading, staking and transferring with six major tokens. |
| Spread | |
| Variable | Variable |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | Yes |
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OctaFX vs |
Luno vs |