Kraken vs Swissquote
Kraken | Swissquote |
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3.9
Kraken is #24 in our crypto broker rankings. |
4
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Traders from US accepted |
Traders from US not accepted
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Kraken is a leading cryptocurrency exchange with a proprietary trading terminal and a list of 220+ 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. The exchange also supports crypto staking and has an interactive NFT marketplace. |
Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users. |
Bonus Offer | |
Lower fees when trading volume exceeds $50,000 in 30 days | |
Comment by Reviewer | |
"Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." | "We recommend Swissquote for experienced traders due to the $1000 minimum deposit and advanced trading tools. Swissquote is also a good option for investors looking for a sophisticated robo-advisory service." |
Pros | |
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Cons | |
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Instruments | |
Cryptos | Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $1000 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
Variable | 0.01 Lots |
Regulator | |
FCA, FinCEN, FINTRAC, AUSTRAC, FSA | FCA, FINMA, DFSA, SFC |
Margin Trading | |
Yes | Yes |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | Yes |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
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 | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | Swissquote offers spot, forward and synthetic contracts on a breadth of markets, including stocks, indices, bonds and commodities. The pricing model is transparent with no hidden fees. Clients can diversify portfolios and hedge risk with low margin requirements. |
Leverage | |
1:30 | |
FTSE Spread | |
0.9 | |
GBPUSD Spread | |
1.3 | |
Oil Spread | |
0.02 | |
Stocks Spread | |
N/A | |
Forex Trading | |
Forex trading not offered | Swissquote offers trading on a huge range of forex assets, covering 80+ currency pairs. Spreads start from 1.3 pips with the Premium account and there are zero commissions. Micro, mini and standard lot sizes are available plus options contracts on major currencies. |
GBPUSD Spread | |
1.3 | |
EURUSD Spread | |
1.3 | |
EURGBP Spread | |
1.5 | |
Assets | |
80+ | |
Cryptocurrency | |
Kraken is a specialized crypto exchange and supports more than 220 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. | Swissquote offers online trading on a decent selection of 35+ cryptos 24/7. The digital asset class provides high volatility within a regulated trading environment at Swissquote. A digital wallet is also available to securely store tokens. |
Spread | |
0-0.26% average | Variable |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
Yes | Yes |
Auto Market Maker | |
No | No |
More Comparisons | |
Kraken vs |
Swissquote vs |