FXCL vs Kraken

FXCL vs Kraken Comparison Table 2023
FXCL Kraken
WINNER
Kraken is the better broker
Not Yet Rated
United States Flag Traders from US accepted
3.9
United States Flag Traders from US accepted
FXCL boasts a competitive range of leverage rates and tradeable instruments that can be accessed through the MetaTrader 4 terminal. Kraken is a top-rated cryptocurrency trading exchange offering the largest tokens and altcoins by market cap.
Bonus
Lower fees when trading volume exceeds $50,000 in 30 days
Instruments
CFD, Forex, Crypto Cryptos
Demo Account
Yes Yes
Minimum Deposit
$1 $10
Payment Methods
Minimum Trade
0.01 lots Varies upon the crypto traded
Regulator
SVG FSA FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
MAM Account
No 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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy Trading
No No
Social Trading
No No
VPS Hosting
No 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
  • MYR
  • NGN
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Stock Exchanges
Commodities
CFD Trading
FXCL offers CFDs on assets covering equity indices, commodities, currencies and cryptos. CFD trading not offered
Leverage
1:2,000
FTSE Spread
130
GBPUSD Spread<
0.4
Oil Spread
5
Stocks Spread
N/A
Forex Trading
FXCL clients can trade more than 40 major, minor and exotic currency pairs with regular and ECN execution models on the MT4 platform. Forex trading not offered
GBPUSD Spread
0.4
EURUSD Spread
0.1
EURGBP Spread
0.4
Assets
43
Cryptocurrency
FXCL supports three different cryptocurrencies, pegged against the US dollar. Trade over 65 cryptocurrencies including Bitcoin
Spread
Variable 0-0.26% 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
Crypto Staking
No Yes
Auto Market Maker
No No
More Comparisons
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