Avatrade vs Kraken

AvaTrade vs Kraken Comparison Table 2023
AvaTrade	Kraken
Review 4.9	Review 3.9 Kraken is #17 in our crypto broker rankings.
Traders from US not accepted	Traders from US accepted
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.	Kraken is a top-rated cryptocurrency trading exchange offering the largest tokens and altcoins by market cap.
Pros
Regulated, award-winning, established and safe Easy and fast to get started Plenty of free payment methods Excellent support Great educational and research resources Negative balance protection Multiple trading platforms
Cons
Limited instruments for trading (CFD, forex, crypto) Some withdrawal methods are slow
Awards
Best Overall Broker 2022 - DayTrading.com Best Trading App 2021 - DayTrading.com Best Forex Broker 2019 - DayTrading.com
Bonus
Welcome bonus 20% up to 10.000$	Lower fees when trading volume exceeds $50,000 in 30 days
Instruments
Stocks, Options, CFD, Forex, Crypto, Volatility Index	Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$100	$10
Payment Methods
Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Western Union Wire Transfer	Bitcoin Payments Clear Junction Etana Ethereum Payments PayID Silvergate Bank Transfer Wire Transfer
Minimum Trade
$.01	Varies upon the crypto traded
Regulator
CBoI, ASIC, FSA, FSCA, FSB	FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	Yes
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
Yes	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	Yes
Mobile Apps
iOS and Android	Yes
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5	Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy Trading
Yes	No
Copy Trading Platform
Regulated across multiple jurisdictions, AvaTrade not only offers a proprietary platform, but also a selection of social and copy trading systems, including its own AvaSocial app, along with MetaTrader suites. There’s also the web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike.
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD	USD EUR GBP CAD AUD JPY CHF
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
Leveraged CFD trading is available on popular financial markets with rates up to 1:400.	CFD trading not offered
Leverage
1:400
FTSE Spread
0.5 pt
GBPUSD Spread
1.0 var
Oil Spread
0.02
Stocks Spread
0.13 Abv Market
Forex Trading
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.	Forex trading not offered
Forex App
AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.
GBPUSD Spread
1.0 var
EURUSD Spread
0.7 var
EURGBP Spread
1.7 var
Assets
50+
Currency Indices
USD
Cryptocurrency
Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]	Trade over 65 cryptocurrencies including Bitcoin
Spread
BTC 1% ETH 2%	0-0.26% average
Coins
BCH BTC BTG ETH LTC XRP EOS DASH	AAVE ALGO ANT REP REPV2 BAT BAL XBT BCH ADA LINK COMP ATOM CRV DAI DASH MANA XDG EWT EOS ETH ETC FIL FLOW GNO ICX KAVA KEEP KSM KNC LSK LTC MLN XMR NANO OCEAN OMG OXT PAXG DOT QTUM XRP SC XLM STORJ SNX TBTC USDT XTZ GRT TRX UNI USDC WAVES YFI ZEC BNB
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
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AvaTrade vs	Kraken vs