Our Verdict
SwissBorg has a higher rating of 4/5 compared to Luno (3.8/5). SwissBorg offers 5 instrument types, while Luno offers 4. The minimum deposit is lower at Luno with 0 €. Luno has been in the market since 2013, making it the more experienced provider.
Comparison Table
| Criteria | Luno | SwissBorg |
|---|---|---|
| Rating | 3.8/5 (700 reviews) | 4/5 (1000 reviews)✓ |
| Regulation | FCA | VQF |
| Fees | 0% Maker / 0.10% Taker (Exchange), Instant Buy 0.75% | Spread-based (0.75–1.25%), premium members with discounts |
| Min. Deposit | 0 € | 1 € |
| Instruments | Bitcoin, Ethereum, Altcoins, Savings Wallet | Bitcoin, Ethereum, Altcoins, Smart Yield, BORG Token |
| Platforms | Luno Web, Luno App | SwissBorg App |
| Options Trading | No | No |
| Founded | 2013 | 2017 |
| Headquarters | London | Lausanne |
Detailed Comparison
Fee Comparison
Luno: 0% Maker / 0.10% Taker (Exchange), Instant Buy 0.75%. Minimum deposit: 0 €.
SwissBorg: Spread-based (0.75–1.25%), premium members with discounts. Minimum deposit: 1 €.
Product Range
Luno (4 categories)
SwissBorg (5 categories)
Trading Platforms
Luno
- Luno Web
- Luno App
SwissBorg
- SwissBorg App
Regulation & Security
Luno is regulated by FCA (HQ: London).
SwissBorg is regulated by VQF (HQ: Lausanne).
Who Is It For?
Luno
Beginner-friendly crypto exchange with focus on emerging markets
✓ Very user-friendly and ideal for beginners
✓ FCA-regulated and part of Digital Currency Group
✓ Savings wallet for interest earnings on crypto
✗ Limited coin selection (under 30 coins)
✗ Instant buy fees relatively high (0.75%)
SwissBorg
Swiss crypto wealth platform with smart yield and community
✓ Swiss regulation (VQF) and transparency
✓ Smart yield program for passive earnings
✓ Best execution algorithm finds best price
✗ Spreads higher than on major crypto exchanges
✗ Only available via mobile app, no web trading
Frequently Asked Questions
Is Luno or SwissBorg cheaper?
Which broker offers more products: Luno or SwissBorg?
Which broker is better regulated?
Is Luno or SwissBorg better for beginners?
Luno vs SwissBorg: Which broker is better overall?
Luno
Beginner-friendly crypto exchange with focus on emerging markets
Open Account →From 0 € min. deposit
SwissBorg
Swiss crypto wealth platform with smart yield and community
Open Account →From 1 € min. deposit