Kraken vs FxNet

Kraken vs FxNet Comparison Table 2022
Kraken FxNet
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
Kraken is a top crypto trading exchange offering the largest altcoins by market cap. FxNet is an online forex broker regulated by the IFSC and offering the MT4 platform.
Bonus
None None
Instruments
Cryptos Forex, CFDs, indices, shares, energies, metals, bonds
Demo Account
Yes Yes
Minimum Deposit
0.0001 XBT $50
Payment Methods
Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer JCB Card, Neteller, Skrill, Visa
Minimum Trade
0.0002 XBT 0.01 lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA IFSC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No 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 -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
Yes No
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
- -
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
- -
CFD
CFD trading not offered Leveraged CFD trading is available across several markets.
Leverage
1:500
FTSE Spread
160
GBPUSD Spread
2.1
Oil Spread
12
Stocks Spread
Floating
Forex
Forex trading not offered Trade 50+ global currency pairs with up to 1:500 leverage.
GBPUSD Spread
2.1
EURUSD Spread
1.8
EURGBP Spread
2.2
Assets
51
Cryptocurrency
Crypto trading not offered
Spread
0-2% 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
- -
Auto Market Maker
No No
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