Kraken vs SynergyFX

Kraken vs SynergyFX Comparison Table 2022
Kraken SynergyFX
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. SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
Awards
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
None Spin & Win Draw
Instruments
Cryptos Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
0.0001 XBT $50
Payment Methods
Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.0002 XBT 0.01 lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA ASIC, VFSC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
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
- Yes
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- -
CFD
CFD trading not offered Trade across several financial markets with up to 1:400 leverage.
Leverage
1:500
FTSE Spread
1.4
GBPUSD Spread
1.5
Oil Spread
0.030
Stocks Spread
Variable
Forex
Forex trading not offered Trade forex with competitive spreads.
GBPUSD Spread
1.5
EURUSD Spread
0.8
EURGBP Spread
1.3
Assets
40+
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 -
Crypto Staking
- -
Auto Market Maker
No -
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