Olymp Trade vs Kraken
| Olymp Trade | Kraken |
|---|---|
1.5
|
3.9
Kraken is #17 in our crypto broker rankings. |
 Traders from US not accepted |
Traders from US accepted |
|
Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets. |
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. |
| Bonus Offer | |
| Lower fees when trading volume exceeds $50,000 in 30 days | |
| Comment by Reviewer | |
| "Olymp Trade is a good option for beginners looking for access to popular financial markets, 24/7 support, and a user-friendly trading platform." | "Kraken will suit traders looking for a diverse list of cryptos including Bitcoin and a good security track record." |
| Pros | |
|
|
| Cons | |
|
|
| Instruments | |
| Fixed Time Trades | Cryptos |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $10 |
| Payment Methods | |
| Minimum Trade | |
| €/$1 | Varies upon the crypto traded |
| Regulator | |
| FinaCom | FCA, FinCEN, FINTRAC, AUSTRAC, FSA |
| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | Yes |
| 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 | 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 | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS, Android and Windows | Yes |
| 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 | |
| Yes | No |
| Account Currencies | |
|
|
| Cryptocurrency | |
| Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto. | 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. |
| Spread | |
| Variable | 0-0.26% average |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million. | Binary options trading not offered |
| Payout | |
| 90% | |
| Expiry Times | |
| 5 seconds - 23 hours | |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
|
|
|
| More Comparisons | |
|
Olymp Trade vs |
Kraken vs |