Broker check

Is Luno safe?

Name: Luno verdict: Caution
Item: Luno
Rating: 69
Author: verify.trading

Luno is a broker licensed by FSCA (verified on the register). Our global rating is Caution, 69 out of 100. Below: why it scores this way, what each regulator means for client protection, and how to verify.

Caution

69 / 100

Showing results for Global

Global rating: 69 Caution · evidence 51/100

Licences verified: FSCA
Global score: 69 / 100
Evidence: 51 / 100
Last checked: 30 Oct 2026

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Why this score

Global rating 69 out of 100, Caution. Last checked 30 Oct 2026.

Reason: Regulatory record not yet checked
Cap applied: Score capped at 74: regulatory record not yet checked
Regulation: 27 / 40
Client protection: Not yet checked
Regulatory conduct: Not yet checked
Track record: Not yet checked
Transparency: 4 / 5
Evidence confidence: 51 / 100

Pillars marked “Not yet checked” are left out of the score rather than counted as zero; they lower evidence confidence instead. Nothing commercial affects a score, verdict or ranking.

What the verdict means

Luno is rated "Caution" globally. Verdicts come from a fixed, rule-based method applied identically to every firm.

Verified
Score 75+, research complete, and an active tier 1 or 2 licence held by the entity serving retail clients.
CautionThis record
Active, with enough evidence to score, but short of Verified. Read the reason before you deposit.
High risk
Verified adverse evidence only: a regulator warning, or a licence revoked or suspended in the last 2 years.
Insufficient data
Not enough verified evidence yet to rate. Not a judgement either way.
Under review
Our researchers are re-checking this record. No score is shown until they finish.
Not active
Inactive, redirected or merged. No score is shown.

See the methodology for how scores are built.

Who regulates Luno

Active licences verified on the regulator's register in our latest research:

Financial Sector Conduct Authority

(FSCA)

South Africa

National or regional regulatorFSCA website (FSP search)

How to verify this yourself

Take a few minutes to check official registers directly:

01
Open the FSCA website (FSP search) at www.fsca.co.za.
02
Search for the FSP name or FSP number.
03
Check that the licensed legal entity matches Luno's account terms and that status is current.
04
Check permissions cover the instruments you plan to trade.

Open the FSCA website (FSP search)

Alternatives to Luno

Comparable brokers with an equal or higher score:

PSG Wealth

FSCA, JSE member

Verified

89 / 100

Standard Bank Online Share Trading

FSCA

Verified

84 / 100

RIYADEX

FSCA

Verified

81 / 100

WeGolden

FSCA

Verified

81 / 100

The record

Public verification fields held for this entity:

Global verdict: Caution
Global score: 69 / 100
Licences verified: FSCA 53314
FCA warning: None recorded
Last checked: 30 Oct 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

Luno: questions answered

Is Luno regulated?

Our record lists Luno as regulated by FSCA (South Africa). Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.

Is Luno FCA regulated?

Our record does not show Luno on the FCA register. Check register.fca.org.uk directly if you need to be sure.