Luno Review 2025 (Expert Review)

Luno Review Summary

Luno is an online brokerage firm that allows users to invest in various cryptocurrency assets. This platform is safe and secure, and its users can withdraw their profits instantly. Using the instant buy/sell option, they can compound their profits and earn interest at the same time. The interest rate is dependent on the market, and it can go up or down based on the demand for Bitcoin lending. Luno accepts a variety of fiat currencies and is also available in a number of languages. The Luno website is easy to use and offers a simple, intuitive interface. Signing up to use the app is free and requires only a few steps. You'll need to enter your country of residence, an email address, a password, and a mobile phone number. Once you've signed up, you'll receive a confirmation sms, which you can use to verify your identity.

Luno review
Luno Platform Features

Luno main features and highlights

🗺️ Country of regulation	Unregulated
💰 Trading fees	No
💰 Inactivity fee	No
💰 Withdrawal fee	No
💰 Minimum deposit	$1
🕖 Time to open a Luno account	1-3 Days. *A Luno demo account can be opened in a few minutes, but live Luno trading account creation times will vary depending on how long it takes to process your Luno KYC documents.
💳 Wire Transfer	No
👛 Depositing with electronic wallet	No
💱 Number of base currencies supported	1
🎮 Demo account provided	No
🛍️ Financial Instruments offered	Forex, Majors, Indices, Energies, Metals, Agriculturals,

Luno review
Luno Financial Regulation

Luno is regulated by Unregulated.

Luno review
Luno Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Luno include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Luno can be that the spreads offered on trading financial instruments (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

Luno review
Luno Advantages

One of the main advantages of using Luno is around the clock service and support as well as research offerings. Not only this, but Luno has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Luno with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Luno makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Luno offers stock quotes and trade information, making it easy for users to view how their investments are doing.

• Luno has been in business over 10 years.

Luno review
Luno Disadvantages

Although Luno has a lot of good points Luno does not offer the below.

• Luno does not offer Stock Trading (See Luno alternatives who offer Stock Trading here)
• Luno does not offer Cryptocurrency Trading (See Luno alternatives who offer Cryptocurrency Trading here)
• Luno does not offer PayPal as a payment method (See Luno alternatives who offer PayPal as a payment method here)
• Luno does not offer Neteller as a payment method (See Luno alternatives who Neteller as a payment method here)
• Luno does not offer Skrill as a payment method (See Luno alternatives who offer Skrill as a payment method here)
• Luno does not offer Islamic Accounts (See Luno alternatives who offer Islamic Accounts here)
• Luno does not offer ECN trading (See Luno alternatives who offer ECN trading here)
• Luno does not offer Bitcoin Trading (See Luno alternatives who offer Bitcoin trading here)
• Luno does not offer the MetaTrader 4 platform (See Luno alternatives who offer the MetaTrader 4 platform here)
• Luno does not offer the MetaTrader 5 platform (See Luno alternatives who offer the MetaTrader 5 platform here)
• Luno does not offer the cTrader platform (See Luno alternatives who offer the cTrader platform here)
• Luno does not offer a Apple Mac desktop trading platform (See Luno alternatives who offer an Apple Mac desktop trading platform here)
• Luno does not offer Spread Betting (See Luno alternatives who offer Spread Betting here)
• Luno does not offer Hedging (See Luno alternatives who offer Hedging here)
• Luno does not offer Scalping (See Luno alternatives who offer Scalping here)
• Luno has inactivity fees (See Luno alternatives who do not have inactivity fees here)

Risk Warning: Your capital is at risk.

Luno review
Things to understand when trading with Luno

Trading with Luno involves risk. You should only risk capital with Luno that you can afford to lose. Understand your risk tolerance with Luno, and have a trading strategy that Luno is able to help you execute. Luno is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Luno give you access too.

Luno review
Luno Trading Fees

Trading fees on Luno are taken in the form of the spreads Luno offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Luno. Luno fees vary depending on the financial instruments traded and can include, Luno overnight funding fees, spreads, margins and Luno inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Luno account charged by your 3rd party payment provider if your Luno base currency is different from your Luno withdrawal method.

Luno review
Luno Financial Instrument Fees

Luno fees for Forex, Majors, Indices, Energies, Metals, Agriculturals, are listed below.

Luno review
Luno Stock Trading Fees

The majority of Luno trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Luno stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

Luno review
Luno Forex Fees

Commission on Luno Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Luno Forex fees is based on their trade size. To calculate Luno Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Luno Non Trading Fees

Luno non-trading fees include a variety of Luno brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Luno trading platform. The most common non-trading fees include Luno withdrawal fees, Luno deposit fees and Luno inactivity fees.

Luno review
Luno Deposit Fees

Luno does charge deposit fees in some cases. When funding your Luno account there may be some Luno deposit fees which will vary depending on the payment method you use to deposit to your live Luno trading account.

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Luno Inactivity Fees

Luno does charge clients an inactivity fees for dormant Luno trading accounts. A Luno inactivity fee is a sum charged on Luno brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

Luno review
Luno Withdrawal Fees

Luno does not charge withdrawal fees. Withdrawals fees vary between Luno and Luno alternatives depending on where you are located and how much money you are withdrawing.

Luno review
Luno Account Fees

Luno does not charge account fees. Account fees charged differ between Luno and other brokers. An account is a fee that Luno and other brokers assesses on all accounts for the ability to keep an account on their platform.

Luno review
Luno Account Opening

The Luno account registration process is simple, user-friendly, and quick. Within 1-3 Days most Luno trading accounts are ready for live trades. Our Luno account was validated in 1 day, but live Luno trading account verification times will vary depending on the time it takes to process your KYC documents and Luno trading account application. A Luno demo account can be opened in a few minutes.

Luno trading accounts are available in over 194 countries. Luno is restricted in the following countries.

Apart from the restricted countries a Luno trading account can be opened globally.

The Luno trading platform is available for residents in US. Some financial instruments Luno offer may be restricted in your country.

• Fast Luno account opening.
• Luno accounts can be opened and KYC can be verified digitally.
• Luno minimum deposit is $1 USD / GBP / EURO.
• Luno trading account verification may be held up for longer than a day if there is an issue with verifying your account.

Luno review
Luno Deposit And Withdrawal

Luno Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by Luno as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Luno offers the following account GBP, USD, EURO.

When trading make sure your Luno trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Luno has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

Luno review
Luno Deposit Fees and Deposit Methods

Investors can log in to their Luno trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Luno trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Luno Deposit Fees

Making a deposit on your Luno account is free.

Luno Deposit Methods

There are several methods through which you can deposit money into your Luno account. One can use a credit or debit card and Luno accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Luno account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Luno account. Funding methods for Luno include .

Luno review
Luno Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Luno brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Luno positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Luno account.

Luno Fees When Withdrawing Your Account Balance

Luno do not charge withdrawal fees. Some withdrawal fees are out of the control of Luno and may be due to 3rd party payment providers and your account base currency.

Luno Withdrawal Methods

Log into your Luno trading account, which is connected to your bank account. Go to the section that says “funds” or “accounts” and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Luno account to your bank account. To withdraw money from your Luno account you can use credit or debit cards. Luno processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Luno processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

Luno review
Luno Trading Platforms

As there are a number of tradable financial instruments available on the Luno trading platform. Before investing in the Luno platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Luno platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Luno offer support.

If you struggle with technology, you need to consider the level of support on Luno is available. Another thing to consider is your financial goals. Make sure that a Luno account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Luno account. Ensure that Luno allows you to focus on the type of trading that you want to focus on.

Make sure Luno is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Luno, think about how easy it is to use for your personal needs. Does the Luno platform offer real-time updates or delayed updates that are more informed? Remember to check if Luno is well regulated, and what tradeable financial instruments Luno has. Security is very important when it comes to trading with Luno.

Luno Web Trading Platform

A Luno web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Luno which acts as a financial intermediary. Luno is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Luno mobile trading platform.

Luno Apple IOS Trading Platform

A Luno iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Luno Google Play Android Trading Platform

A Luno Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

Luno review
Luno Mobile Trading User Experience

Luno mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Luno mobile trading refers to trading using a mobile phone.

Leading brokerages like Luno offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Luno portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Luno. Once you have download the Luno trading app, you are ready to begin.

Luno review
Luno Desktop Computer Trading Platform

A Luno computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Luno desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Luno desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Luno PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Luno. A trading computer with access to a Luno PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Luno Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Luno trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Luno trading platform is very user friendly on a Mac device.

Luno review
Luno Trading Look And Feel

The Luno user interface (UI) is what Luno traders will see and interact with first when trading with the Luno trading platform. The Luno is well designed. The goal of the Luno trading UI is to make the Luno user's experience intuitive. The Luno application has good user experience and a good level of customer satisfaction.

Luno Security

Luno is a secure trading platform. Luno offers traders security via 2 factor authentication, SSL encription when trading with Luno. Luno trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Luno. Rate limitation on Luno suspicious account activities is another layer of protection that is provided for Luno trading accounts, for example multiple failed login attempts with Luno. You have the option to further safeguard your account by using Luno Two-Factor Authentication (2FA), which provides an extra layer of security.

The Luno trading infrastructure is constantly watched and guarded by a trained team at Luno In addition, Luno never send sensitive information without first encrypting on the Luno trading platform using transport layer security (TLS) and SSL.

Luno review
Placing A Buy Or Sell Order On Luno

Available Luno order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Luno Market Order

A Luno market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Luno market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Luno market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Luno Limit Order

A Luno limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Luno Stop Order

A Luno stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Luno Stop Limit Order

A Luno stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Luno stop-limit order triggers a limit order when a stock price hits the stop level. A Luno stop-limit order can be helpful when trading if you are unable to watch your trades all day.

Luno review
Luno Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

Luno review
Luno Trading Platform Features

Online trading platforms like Luno are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Luno. The Luno trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Luno.

Luno Margin Trading

Luno margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Luno margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

Luno review
Luno Account Types

Luno Demo Account

Luno offers demo accounts that gives traders the ability to purchase and sell Luno financial instruments in a practice environment, using fake Luno digital money and live market conditions and data. When you practise on a Luno demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Luno platform. Luno demo accounts allow you to experience and practice a variety of market charts, Luno trading indicators, and trading strategies using Luno.

Luno Standard Account

Luno offers a standard trading account, allowing Luno traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Luno trading platform.

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Luno Tradable Financial Instruments

Luno tradable financial instruments are the financial instruments that are specifically available to trade on the Luno trading platform. This refers to the different types of financial markets you can trade with through Luno. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Luno.

Luno review
Luno Trading Stocks

Stock trading with Luno is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Luno; if you possess the stock on Luno, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Luno involves purchasing and selling stocks and share using Luno periodically in order to time trades against the stock markets, with the aim of using Luno to profit from your stock trading. Luno stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Luno. Stock traders on Luno conduct significant study, frequently dedicating several hours every day to market monitoring using Luno trading tools.

Luno review
Luno Trading ETFs

What Are ETFs

Luno does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Luno does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

Luno review
Luno Trading Cryptocurrencies

Luno offers cryptocurrency trading.

Cryptocurrency trading can be conducted using Luno to buy and sell the cryptocurrency financial instruments on Luno. Cryptocurrency trading can also be done using a cryptocurency CFD Luno trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Luno. A CFD is a high risk leveraged trade between the trader and the Luno brokerage. No underlying assets are exchanged with a Luno CFD contract, it is purely speculation on the crypto financial instruments price movements with Luno. Luno CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Luno CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with Luno. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Luno.

Cryptocurrency trading is not offered by Luno, so you will need to find a Luno alternative that allows you to buy and sell the underlying cryptocurrency assets. Luno CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Luno alternative and make sure you undertand the risks fully before trading.

Luno review
Luno Forex Trading

Forex trading with Luno is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Luno. The main aim of Luno Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Luno. As a Luno Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Luno. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Luno. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Luno.

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Luno Commodities Trading

Commodity trading is a type of trading available on Luno where individuals or businesses buy and sell financial instruments using Luno related to commodities, such as metals or oil.

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Luno Options Trading

Luno options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Luno option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Luno Futures Trading

Futures trading with Luno is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Luno to facilitate the trade. A Luno futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Luno. Typically, futures contracts are traded on an exchange such as Luno; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Luno trader to the contract agrees to provide it.

Luno review
Luno Bonds Trading

Bonds trading on Luno is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Luno trader. Bonds can be bought and sold on Luno after they are issued. While some bonds are traded publicly through Luno, most trade over-the-counter between large broker-dealers like Luno acting on their clients' or their own behalf. Yield is therefore based on the Luno purchase price of the bond as well as the coupon.

Luno CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

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Luno Trading Research Tools

Taking advantage of Luno trading research tools which are designed to help traders analyse potential investments using the Luno trading platform. Some Luno research tools include charts, technical analysis, and Luno trading indicators.

Luno Trading News

Traders can follow the markets and make wise investment decisions on Luno by using the news to help form a strategy when it comes to choosing investments. A Luno news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Luno Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Luno economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Luno Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Luno fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Luno Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Luno are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Luno portfolios

Trading portfolios are useful when trading with Luno.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Luno trading portfolio is a traders collection of investments, which may include a variety of Luno financial instruments.

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Luno Payment Methods

A Luno payment method is required to fund your Luno trading account before placing a buy or sell order on a financial instrument.

When trading with Luno, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Luno do not have any control over.

Luno review
Luno Withdrawl Methods

When trading with Luno at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Luno account balance. Luno may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Luno account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Luno Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Luno account.

Withdrawal requests can take up to three business days to be processed by Luno.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Luno should arrive in less than 24 hours.

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Luno Customer Support

Customer support represents the resources within the Luno company that provides technical assistance to its customers after they use the Luno service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Luno offer customer support.

Luno Email Support

Luno offers email support.

Email support is a a convenient method of Luno customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Luno regarding your support request.

Luno Livechat Support

Luno offers livechat support.

Luno live chat support is a way for customers to obtain help from Luno through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Luno Telephone Support

Luno does not provide Luno clients phone Support. If you need to contact Luno use one of the alternative available Luno contact methods.

Luno does not offer telephone support.

Luno Average Support Response times

Contact Method	Average Response Time

We tested the customer service response times of Luno on Monday, February 10, 2025.

Luno review
Luno Educational Resources

Luno educational resources are used throughout the Luno learning environment to help and assist with customer's development and learning of trading on Luno. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Luno trading tools. Educational resources like some of the resources available with Luno are a good as part of a wider set of educational guides and information from else where online.

Some of the Luno trading guides and information that we found useful included forex trading courses, market psychology webinars, platform tutorials, daily news.

Luno Trading Platform Tutorials

Luno offer a range of learning resources and tutorials and guides made available to registered Luno users. The Luno guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Luno users on basic trading principles.

Luno Trading Videos

Luno offer a selection of online trading videos.

Trading videos on Luno help new and even more experienced investors gain insights into Luno technical analysis tools and how the different financial markets work when trading on Luno.

Luno trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs. Some Luno training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Luno to trade live financial markets.

Luno Webinars

Luno offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Luno clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Luno trading platform.

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Luno Financial Regulation When Trading

Financial regulations on Luno protect consumers' investments. Regulations prevent financial fraud and limit the risks that Luno as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Luno financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Luno Regulated?

Luno is regulated by Unregulated.

Luno is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Luno are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Luno investors, directly with financial regulators in your country.

Luno Regulatory Protection Limits

When registering with Luno you must check with regulatory body your Luno trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Luno account is over seen by. Luno client funds are stored in segregated 3rd party bank account in accordance with Luno financial regulators.

Client country	Investor protection amount	Regulator
United Kingdom	£85,000	Financial Conduct Authority (FCA)
EU Investor Compensation Scheme	max €50,000	Directive of The European Parliament and European Commission
Other countries	90% of your funds, max €20,000	Bulgarian Financial Supervision Commission (FSC)

Luno Trading Signals

Luno offers trading signals to Luno clients.

Luno trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A Luno trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the Luno trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does Luno make money?

Because Luno acts as an intermediary, Luno gets compensated on buy and sell transactions of financial instruments. As a result, Luno profit is determined by the volume and number of transactions. Luno earns revenue to fund their Luno platforms and wide range of trading services through market spreads.

Can you buy shares on Luno?

Luno does not provide customers with real company shares trading.

Does Luno offer Cryptocurrency?

Luno does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Luno Lower fees, lower costs?

Luno have reasonable trading fees and costs. Luno do not charge a deposit fee. Luno may charge a withdrawal fee. Some withdrawal fees are out of the control of Luno and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Luno minimum deposit is $1 USD / GBP / EUR.

How to start your Luno account?

You can sign up for a live or demo Luno trading account by visiting Luno and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Luno account here.

How's the Luno trading app?

Luno allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Luno trading app here. Your capital is at risk

Is the quality of Luno customer service satisfactory?

Luno have average customer support offering support through support options.

Is this broker good for new traders?

Luno is a good trading platform for new traders as Luno offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Luno?

Luno offer a good selection of withdrawal options. Once Luno have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best Luno Alternatives Reviews

If Luno isnt quite what you are looking for you can check out some of the best Luno alternatives below.

• IC Markets Review (read our in depth 2025 review)
• Roboforex Review (read our in depth 2025 review)
• AvaTrade Review (read our in depth 2025 review)

Best Luno Alternatives In Detail

If you would like to see Luno compared agains some of the best Luno alternatives available right now you can do so by clicking on the links below.

• IC Markets Alternatives (read our in depth 2025 Alternatives for IC Markets)
• Roboforex Alternatives (read our in depth 2025 Alternatives for Roboforex)
• AvaTrade Alternatives (read our in depth 2025 Alternatives for AvaTrade)

Check out RoboForex – Professional services on Forex market