Kraken vs Webull
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Your capital is at risk. Trade only with funds you can afford to lose.
| Kraken | Webull |
|---|---|
3.9
Kraken is #10 in our crypto broker rankings. |
4.4
Webull is #17 in our broker rankings. |
 Traders from US accepted |
Traders from US 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. |
Webull is a multi-regulated trading app that offers stocks, options, cryptos, ETFs, fractional shares and more. The firm is authorized by the SEC, FINRA and FCA and continues to uphold a strong trust rating. Low fees, no minimum investment and generous welcome bonuses have made the discount broker popular with online investors. |
| Customer Reviews | |
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4.5
Based on 2 Kraken customer reviews
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| Bonus Offer | |
| Up to 12 free fractional shares when you deposit $100 | |
| Comment by Reviewer | |
| "Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." | "Webull is best for traders looking to buy and sell stocks on a user-friendly platform with zero commissions. The intuitive app also makes this broker great for mobile investors." |
| Pros | |
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| Cons | |
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| Instruments | |
| Cryptos | Stocks, ETFs, ADRs, OTCs, treasuries, options, cryptos, fractional shares |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $0 |
| Trading Platforms | |
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| Payment Methods | |
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| Minimum Trade | |
| Variable | 0.00001 (Fractional Share) |
| Regulator | |
| FCA, FINTRAC, AUSTRAC, FSA | SEC, FINRA, SIPC, CFTC, NFA, SFC, MAS, ASIC, FCA, CIRO, FSCA, JFSA, OJK, IDX, SC, SEC Thailand |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 5.49% - 9.49% | |
| 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 | No |
| Robo Advisor | |
| No | Yes |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| Yes | iOS & Android |
| Android App Rating | |
4.2 |
3.3 |
| iOS App Rating | |
4.7 |
4.7 |
| 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 |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
| 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. | Webull offers trading on around 60 popular cryptos, including Bitcoin, Litecoin and Shiba Inu. The broker charges a 100bps (basis points) markup on the price, although there is no minimum equity requirement or commission fee. |
| Spread | |
| 0-0.26% average | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| Yes | No |
| Auto Market Maker | |
| No | No |
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