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WINNER
Kraken is the better broker
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Not Yet Rated
 Traders from US accepted
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3.9
 Traders from US accepted
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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 |
|
|
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 |
|
- 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 |
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More Comparisons |
FXCL vs |
Kraken vs |