TeraFX vs Kraken

TeraFX vs Kraken Comparison Table 2021
TeraFX Kraken
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. Kraken is a top crypto trading exchange offering the largest altcoins by market cap.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Cryptos
Demo Account
Yes Yes
Minimum Deposit
$100 0.0001 XBT
Payment Methods
Neteller, Skrill, Visa Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer
Minimum Trade
0.01 lots 0.0002 XBT
Regulator
FCA FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
Yes No
DMA Account
No No
Mobile Apps
Yes Yes
Auto Trading
Yes No
Trade Signals
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- -
CFD
Trade CFDs with leverage across multiple asset classes. CFD trading not offered
Leverage
1:30 Retail, 1:200 Professional
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
N/A
Forex
Trade 50+ forex pairs with 1:30 leverage. Forex trading not offered
GBPUSD Spread
Floating
EURUSD Spread
Floating
EURGBP Spread
Floating
Assets
59
Cryptocurrency
Crypto trading not offered
Spread
Trade top crypto pairs on MT4. 0-2% average
Coins
BTC, ETH, LTC, XRP 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