Kraken vs Forex.com

Kraken vs Forex.com Comparison Table 2023
Kraken	Forex.com
Review 3.9 Kraken is #17 in our crypto broker rankings.	Review 4.5 Forex.com is #1 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
Kraken is a top-rated cryptocurrency trading exchange offering the largest tokens and altcoins by market cap.	Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
Bonus Offer
Lower fees when trading volume exceeds $50,000 in 30 days
Comment by Reviewer
	"Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score."
Pros
	Top-rated forex and CFD broker The broker’s parent company, StoneX, is listed on the NASDAQ Thousands of assets are available from currencies to stocks, indices and commodities Leading trading tools, including Trading Central, SMART Signals and MetaTrader 4 Multiple account currencies including USD, EUR and GBP Industry-leading pricing on popular forex assets Up to 15% cashback rebates for active traders VPS hosting for automated strategies Free demo account for beginners Fast order execution speed TradingView integration Low minimum deposit
Cons
	$15 inactivity fee No copy trading tool Tools and platform access varies between countries
Awards
	Best CFD Broker 2022 - Rankia Best HNW Service 2022 - Dubai Forex Expo Best US Broker 2020 - DayTrading.com Best US Broker 2019 - DayTrading.com Runner-Up - Best Forex Broker 2019 - DayTrading.com
Instruments
Cryptos	Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Payment Methods
Bitcoin Payments Clear Junction Etana Ethereum Payments PayID Silvergate Bank Transfer Wire Transfer	ACH Transfer Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
Varies upon the crypto traded	$1
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA	CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
Yes	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	Yes
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS & Android
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin	Automated trading supported through platforms (MT4)
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	SMART Signals
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$15
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY CHF	USD EUR GBP CAD CHF
Stock Exchanges
	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange
Commodities
	Cocoa Coffee Cotton Gold Livestock Natural Gas Oil Silver Soybeans Sugar Wheat
CFD Trading
CFD trading not offered	Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds.
Leverage
	1:200
FTSE Spread
	1 pt
GBPUSD Spread
	1.0 Var
Oil Spread
	0.04 Var
Stocks Spread
	0.1% (Min Commission Applies)
Forex Trading
Forex trading not offered	Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k.
Forex App
	Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.
GBPUSD Spread
	1.0 Var
EURUSD Spread
	0.8 Var
EURGBP Spread
	0.8 Var
Assets
	80+
Cryptocurrency
Trade over 65 cryptocurrencies including Bitcoin	Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada.
Spread
0-0.26% average	BTC 1.4%, ETH 2%
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	BTC BCH ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

Review	Review
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