Tier1FX vs Kraken

Tier1FX vs Kraken Comparison Table 2021
Tier1FX Kraken
Tier1FX is a regulated CFD and forex trading broker. 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, shares, energies, metals, cryptocurrencies Cryptos
Demo Account
Yes Yes
Minimum Deposit
$1,000 0.0001 XBT
Payment Methods
Bitcoin Payments, Clear Junction, Etana, PayID, Silvergate Bank Transfer, Wire Transfer
Minimum Trade
0.01 lots 0.0002 XBT
Regulator
MFSA 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
No 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
No No
Account Currencies
- -
CFD
Trade CFDs on indices, FX, precious metals, energies, and cryptocurrencies. CFD trading not offered
Leverage
1:30
FTSE Spread
1.3 pts
GBPUSD Spread
0.4 pips
Oil Spread
2.3 pips
Stocks Spread
N/A
Forex
Trade on dozens of major, minor and exotic FX pairs. Forex trading not offered
GBPUSD Spread
0.4
EURUSD Spread
0.2
EURGBP Spread
0.4
Assets
60
Cryptocurrency
Trade on popular cryptocurrency and USD pairs.
Spread
0.05 0-2% average
Coins
BTC, BCH, 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