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Luno vs OANDA

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick OANDA leads on safety — winning 3 of 4 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Luno Forex
75/100 risk
🇨🇳 China
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OANDA Forex
20/100 risk
🇺🇸 United States
Read review →
Safety & Trust
Scam-risk score lower = safer
75
20
Verdict
Severe
Low risk
Regulated
No
Yes
Licenses
0
7
Tier-1 regulators
0
5
Trustpilot score
3.6
Reviews collected
1230
Exit risk lower = safer
Elevated
Known clones
0
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$20000
Max leverage
Min spread (best acct)
Commission
Cost grade
Account types
0
2
Best for
Suits
Traders who prioritize personal account management, Users seeking a well-known broker with multiple top-tier regulations, Traders comfortable with premium account minimums
Not for
Traders seeking a regulated broker, Investors who need reliable withdrawals, Anyone looking for a trustworthy platform
Traders who require fast and hassle-free withdrawals, Users sensitive to high fees or opaque pricing, Traders expecting seamless KYC and account setup
Products & Funding
Instruments
--
Deposit methods
--
Withdrawal
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2024-04-23
2017-09-07
Headquarters
🇨🇳 China
🇺🇸 United States
Employees
0
19

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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