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Kraken Review

Best for Crypto
4.7/5
|Trust Score: 95/100|12 years in business

Last reviewed: February 2026

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Quick Facts

Min. Deposit

$0

Trading Fees

From 0.16%

Spreads

Variable

Regulation

FinCEN, FCA, FINTRAC

Platforms

Kraken Pro, Kraken Terminal, Mobile App

Instruments

Crypto, Crypto Futures, Forex, Staking

Pros & Cons

Advantages

  • High security standards
  • Advanced trading features
  • Low trading fees
  • Multiple order types
  • Staking available
  • Institutional grade

Disadvantages

  • Complex for beginners
  • Limited payment methods
  • Crypto focus only

Category Scores

Day Trading85/100
Forex0/100
Beginners75/100
Crypto98/100
Low Fees92/100
Options0/100

Fee Breakdown

Fee TypeDetails
Stock CommissionN/A
Stock Min. Trade$0
Options (per contract)N/A
Forex CommissionN/A
Forex SpreadN/A
Crypto CommissionFrom 0.16%
Crypto SpreadVariable
Inactivity Fee$0
Withdrawal FeeVaries by crypto
Deposit Fee$0

Platform Features

Fractional Shares
Instant Deposits
Margin Trading
Short Selling
Advanced Charting
Paper Trading
Mobile Trading App
Web Platform
Desktop Platform
API Access
Auto Trade
Social Trading
Copy Trading

Account Types

Starter

Min. Deposit: $0

  • Basic trading
  • Spot trading
  • Mobile access

Pro

Min. Deposit: $0

  • Advanced trading
  • Margin trading
  • API access

Ready to start trading with Kraken?

Open an account in minutes. Min. deposit: $0.

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Three Investeers Team

Reviewed by Three Investeers Team · Financial Education Team

Our team of experienced traders and financial educators is dedicated to making investing accessible to everyone. With decades of combined market experience, we provide research-backed insights and unbiased reviews.

How We Review Brokers

Our broker reviews are based on extensive hands-on testing and independent research. We evaluate each broker across multiple criteria including fees, platform usability, available instruments, regulation, customer support, and educational resources. Scores are calculated using a weighted methodology that prioritizes factors most important to each trading category.

Independent reviews — not influenced by broker partnerships

Hands-on testing — we open real accounts to evaluate platforms

Regular updates — reviews are refreshed as brokers change their offerings

Fact-checked — all data verified against official broker sources

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