Kraken vs TradeStation

Kraken vs TradeStation Comparison Table 2023
Kraken	TradeStation
Review 3.9 Kraken is #17 in our crypto broker rankings.	Review 3.5 TradeStation is #12 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
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.	US based broker with pricing methods split to cater for active day traders, or longer term stock holders
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."
Pros
Very good security track record with no hacks in a decade since launch Excellent range of 220+ more established cryptocurrencies NFT marketplace and crypto staking available Great trading platform and mobile app Low exchange fees on Kraken Pro 50x leverage on futures trading Low minimum deposit of $10 3D secure required Mobile investing Crypto staking
Cons
Slow verification process on Pro account Does not support many newer altcoins Low leverage on spot trading Does not accept fiat deposits Slow verification times
Instruments
Cryptos	Stocks, Futures, E-minis, CFD
Demo Account
Yes	Yes
Minimum Deposit
$10	$500
Payment Methods
Bitcoin Payments Clear Junction Etana Ethereum Payments PayID Silvergate Bank Transfer Wire Transfer	ACH Transfer
Minimum Trade
Varies upon the crypto traded	Min lot size will vary
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA	SEC
Margin Trading
Yes	No
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
Yes	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS, Android and Windows
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD JPY CHF	USD EUR GBP CAD AUD JPY CHF
Commodities
	Soybeans
CFD Trading
CFD trading not offered
Leverage
	1:20
FTSE Spread
	N/A
GBPUSD Spread
	N/A
Oil Spread
	0.06 pips
Stocks Spread
	0.2% Var
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.	Crypto trading not offered
Spread
0-0.26% 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
Yes	Yes
Auto Market Maker
No	No

Review	Review
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