Your capital is at risk. Trade only with funds you can afford to lose.
Kraken
#20 in our crypto broker rankings
Accepts traders from Ireland
Rating breakdown
- Regulation & trust3.01.7 lower than Webull (4.7)
- Assets & markets3.80.1 higher than Webull (3.7)
- Fees & costs3.90.2 higher than Webull (3.7)
- Platforms & tools3.50.2 higher than Webull (3.3)
- Accounts & banking3.80.1 higher than Webull (3.7)
- Education3.00.5 lower than Webull (3.5)
- Research1.51.8 lower than Webull (3.3)
- Customer support3.8same as Webull (3.8)
Webull’s score. Numbers show the difference.
Webull
Doesn't accept traders from Ireland. See available stock brokers
Not available in your countryRead Webull review
Rating breakdown
- Regulation & trust4.71.7 higher than Kraken (3.0)
- Assets & markets3.70.1 lower than Kraken (3.8)
- Fees & costs3.70.2 lower than Kraken (3.9)
- Platforms & tools3.30.2 lower than Kraken (3.5)
- Accounts & banking3.70.1 lower than Kraken (3.8)
- Education3.50.5 higher than Kraken (3.0)
- Research3.31.8 higher than Kraken (1.5)
- Customer support3.8same as Kraken (3.8)
Kraken’s score. Numbers show the difference.
| Kraken | Webull | |
|---|---|---|
| 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. | 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 | Based on 2 customer reviews | – |
| Trustpilot Score | – | |
| 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, xStocks, Pre-IPO Perpetual Futures | Stocks, ETFs, ADRs, OTCs, treasuries, options, cryptos, fractional shares, mutual funds |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $0 |
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| Payment Methods | ||
| Minimum Trade | Variable | 0.00001 (Fractional Share) |
| Regulator | FINTRAC, AUSTRAC, CySEC, CBI | SEC, FINRA, SIPC, CFTC, NFA, SFC, MAS, ASIC, FCA, CIRO, FSCA, JFSA, OJK, IDX, SC, SEC Thailand |
| Margin Trading | Yes | Yes |
| Margin Rate | – | 8.74% (Standard Accounts), 3.90% – 5.20% (Premium Accounts) |
| 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 |
| 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 | – |
| 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 | $0 |
| Islamic Account | No | No |
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| Stock Exchanges | – | |
| 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. | Webull offers trading on around 10 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 |
Not available in your countryRead Webull review