Your capital is at risk. Trade only with funds you can afford to lose.
Kraken
#48 in our crypto broker rankings
Accepts traders from Burundi
Rating breakdown
- Regulation & trust3.00.3 lower than Pionex (3.3)
- Assets & markets3.80.8 higher than Pionex (3.0)
- Fees & costs3.90.9 higher than Pionex (3.0)
- Platforms & tools3.50.5 higher than Pionex (3.0)
- Accounts & banking3.80.8 higher than Pionex (3.0)
- Education3.0same as Pionex (3.0)
- Research1.50.2 higher than Pionex (1.3)
- Customer support3.80.8 higher than Pionex (3.0)
Pionex’s score. Numbers show the difference.
Pionex
#35 in our crypto broker rankings
Accepts traders from Burundi
Rating breakdown
- Regulation & trust3.30.3 higher than Kraken (3.0)
- Assets & markets3.00.8 lower than Kraken (3.8)
- Fees & costs3.00.9 lower than Kraken (3.9)
- Platforms & tools3.00.5 lower than Kraken (3.5)
- Accounts & banking3.00.8 lower than Kraken (3.8)
- Education3.0same as Kraken (3.0)
- Research1.30.2 lower than Kraken (1.5)
- Customer support3.00.8 lower than Kraken (3.8)
Kraken’s score. Numbers show the difference.
| Kraken | Pionex | |
|---|---|---|
| Overview | Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 600+ tradeable crypto tokens. Up to 1:5 leverage is available with stable rollover fees on spot crypto trading and up to 1:50 on futures. | Pionex is a crypto trading platform that specializes in trading robots, offering a variety of ready made bots and strategies to traders as well as integrated AI to help customize a strategy or come up with your own. These can be used on spot crypto markets as well as crypto futures. |
| Customer Reviews | Based on 2 customer reviews | Based on 3 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record.” | “Pionex is an excellent option for crypto traders with an interest in cutting-edge AI like ChatGPT and automated trading.” |
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| Instruments | Cryptos, Pre-IPO Perpetual Futures, Tokenized Stocks | Cryptos, Perpetual Futures, Tokenized Stocks |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $0 |
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| Payment Methods | ||
| Minimum Trade | Variable | 0.1 USDT |
| Regulator | FINTRAC, AUSTRAC, CySEC, CBI, FCA | CBI |
| Margin Trading | Yes | Yes |
| 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 | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | No | No |
| Market Maker | No | No |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | We've tested Kraken in a live account and it's an intuitive app, especially compared to alternatives like Binance. You can explore tokens, manage your portfolio, and set up a buy, recurring buy, sell or convert assets in a few taps after pressing the '+' icon in the bottom menu. 2FA and biometric login make for a secure mobile experience, while it's one of the few crypto apps to offer a route to secure potential prop funding from your palm. | – |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin | Crypto bots |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | Pionex clients can find other successful investors and copy their trading bot setups. This allows users to buy and sell cryptos 24/7 from a user-friendly platform and app. |
| Social Trading | No | Yes |
| VPS Hosting | No | No |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | – |
| Islamic Account | No | No |
| Account Currencies |
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| Cryptocurrency | ||
| Overview | Kraken is a specialized crypto exchange and supports more than 600 cryptocurrencies. These include all of the established tokens like Bitcoin as well as some altcoins. Traders can make trades on spot crypto markets with up to 1:5 leverage or on futures with up to 1:50. Fees are low and the platform is super easy to pick up. | Make spot, future and leveraged trades on over 120 cryptocurrencies via Pionex's proprietary platform with built-in trading bots and highly customizable automated trading options. Up to 50x leverage is available on selected crypto perpetuals. |
| Spread | 0-0.26% average | Market |
| Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | Yes | No |
| Auto Market Maker | No | No |