FXChoice vs Kraken

FXChoice vs Kraken Comparison Table 2022
FXChoice Kraken
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads. Kraken is a top crypto trading exchange offering the largest altcoins by market cap.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
15% deposit bonus with Bitcoin payments None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 0.0001 XBT
Payment Methods
ADVcash, Bitcoin Payments, FasaPay, Neteller, Paysafecard, Perfect Money, POLi, Skrill, Sticpay, Visa, Wire Transfer Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer
Minimum Trade
0.01 lots 0.0002 XBT
Regulator
IFSC FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
- No
Market Maker
No No
P2P Trading
No Yes
Spot Trading
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes (EAs) -
Trade Signals
Yes -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
Yes No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD -
CFD
FXChoice offers leveraged CFD products on a breadth of financial markets. CFD trading not offered
Leverage
1:200
FTSE Spread
1.5
GBPUSD Spread
1.3
Oil Spread
0.040
Stocks Spread
Variable
Forex
Trade three-dozen forex pairs, including the US Dollar and Euro. Forex trading not offered
GBPUSD Spread
1.3
EURUSD Spread
0.6
EURGBP Spread
0.9
Assets
36
Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
0.01 0-2% average
Coins
BTC, LTC, ETH 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
Auto Market Maker
No No
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