Kraken vs XTB

Kraken vs XTB Comparison Table 2024
Kraken XTB
3.9

Kraken is #24 in our crypto broker rankings.

4.8
United States Flag Traders from US accepted
United States Flag Traders from US not 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.

XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 day trading markets on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA.

81% of retail accounts lose money.
Customer Reviews
4.5
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." "XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low short-term trading fees. The free education center is also a bonus, as well as the straightforward account opening process."
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
  • There's a wide range of useful educational resources for beginners, including platform tutorials and forex guides
  • Reliable 24/5 support is available, including a friendly live chat which responds within 2 minutes during testing
  • Day traders and stock investors can access a huge range of 5800+ markets via CFDs and real stocks
  • The broker is FCA, KNF, CySEC, and IFSC-regulated and has been in operation for over 20 years
  • XTB has introduced Investment Plans with passive investing opportunities for hands-off traders
  • High-volume traders who trade over 15 lots per month can access cashback rebates
  • The broker offers same-day withdrawals if requested before 1pm
  • The UK branch pays interest up to 5% on uninvested balances
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
  • The broker's single platform offering is very limiting compared to the multiple terminals offered by many competitors
  • There are no third-party research tools available, such as AutoChartist or Trading Central
  • Withdrawals below $50 incur a $30 fee at the international entity
Awards
  • Best Forex Broker for Beginners 2022
  • Best Customer Service 2021
  • Best Forex Broker for Low Costs 2021
  • Best Mobile App for Investing 2020
  • #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018
  • Best Polish Forex Broker 2019
  • Best Execution Broker 2019
Instruments
Cryptos CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Trading Platforms
  • AlgoTrader
  • xStation
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA FCA, CySEC, IFSC, KNF, DFSA
Margin Trading
Yes Yes
Margin Rate
4.5%
STP Account
No Yes
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 No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes iOS & Android
App Review

Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward.

Android App Rating
4.3
iOS App Rating
4.7
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin Open API
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered There's a large suite of 2100 CFDs available to trade on a proprietary trading terminal. You can diversify across forex, indices, commodities, cryptos, stocks and ETFs. There are also plenty of CFD trading resources and tutorials available from the broker's education section.
Leverage
1:500
FTSE Spread
0.08%
GBPUSD Spread
0.1
Oil Spread
0.03
Stocks Spread
0.2%
Forex Trading
Forex trading not offered XTB offers 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Additionally, you can access 34 technical indicators in the proprietary xStation 5 platform, alongside multiple order types including Trailing Stop.
Forex App

With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.

GBPUSD Spread
0.1
EURUSD Spread
0.2
EURGBP Spread
0.1
Assets
45+
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. XTB offers an excellent range of 46 crypto markets, all with competitive spreads from 0.22% on BTC and leverage up to 1:5. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts.
Spread
0-0.26% average From 0.22%
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
  • ADA
  • BTC
  • BCH
  • DSH
  • EOS
  • ETH
  • IOTA
  • LTC
  • NEO
  • XRP
  • XLM
  • TRX
  • XEM
  • XLM
  • XMR
  • DOGE
  • BNB
  • LINK
  • UNI
  • DOT
  • XTZ
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
81% of retail accounts lose money.
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