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More about Kraken
Broker availability
Is Kraken Available in 🇦🇺 Australia?
Partly — Kraken accepts clients in Australia, with limits
Australia — derivatives trading unavailable for retail clients (wholesale clients only). Specific crypto assets (XMR, ZEC, DASH, FLOW) restricted.
Availability last verified: October 2026
Broker availability in 🇦🇺 Australia
144 / 341 brokers144 out of 341 brokers in our database accept clients from Australia (42% availability). See all available brokers →
Is Kraken the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
Kraken vs alternatives in 🇦🇺 Australia
| Regulator | CFTC, FCA | FMA, SCA | FSA | FSA |
| Min. deposit | $0 | $0 | $0 | $0 |
| Spread from | 0.2 pips | 0.1 pips | 0 pips | 0.1 pips |
| Max leverage | 5 | 100 | 125 | 200 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose Kraken in 🇦🇺 Australia?
Min. deposit
$0
Spread from
0.2 pips
Max leverage
5
BrokerRank score
4.21 / 5
- Strong regulatory compliance
- One of the oldest and most trusted exchanges
- Staking available
- Good fiat on/off ramps
- Regulated by CFTC & FCA — legally available to Australia residents under ASIC (Australian Securities & Investments Commission)
Trading conditions in 🇦🇺 Australia
Regulated by ASIC (Australian Securities & Investments Commission). Max forex leverage: 1:30. Permitted instruments: Forex, CFDs, Stocks, ETFs, Options, Futures, Crypto CFDs. ASIC's Product Intervention Order caps leverage at 1:30 for major forex pairs. Binary options banned.
Other recommended brokers available in 🇦🇺 Australia
Comparing Kraken with other brokers available to Australia traders.
- Copy trading feature
- Competitive derivatives trading
- Clean and intuitive interface
- Competitive fees
- Spot and derivatives trading
- 700+ trading pairs
- Large crypto selection (600+ tokens)
- Long track record since 2013
- Derivatives and spot trading
About Kraken
Regulated by
CFTC, FCA
Headquarters
San Francisco, USA
Founded
2011
Min. deposit
$0
BrokerRank score
4.21 / 5
Markets
crypto
Frequently Asked Questions
1Is Kraken available in Australia?
Kraken accepts clients from Australia, but not without limits. Australia — derivatives trading unavailable for retail clients (wholesale clients only). Specific crypto assets (XMR, ZEC, DASH, FLOW) restricted.
2What are the best alternatives to Kraken for Australia traders?
Brokers we recommend in Australia include Bybit, XT.com, HTX. All are verified to accept clients from Australia and are regulated by reputable authorities.
3Can I use a VPN to access Kraken from Australia?
Using a VPN to circumvent geo-restrictions violates Kraken's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in Australia?
Yes — forex trading is legal in Australia and regulated by ASIC (Australian Securities & Investments Commission). The maximum permitted leverage for forex is 1:30. Only brokers licensed in Australia or operating under an approved passporting arrangement can legally serve retail clients.
5What leverage is available for traders in Australia?
Forex: up to 1:30. Stocks: up to 1:5. These limits are set by ASIC (Australian Securities & Investments Commission) and apply to all licensed brokers serving Australia residents. ASIC's Product Intervention Order caps leverage at 1:30 for major forex pairs. Binary options banned.
6Which financial instruments can traders in Australia access?
Traders in Australia regulated by ASIC (Australian Securities & Investments Commission) can access the following instruments: Forex, CFDs, Stocks, ETFs, Options, Futures, Crypto CFDs. ASIC's Product Intervention Order caps leverage at 1:30 for major forex pairs. Binary options banned.
7Which brokers accept clients from Australia?
144 out of 341 brokers in the BrokerRank database accept clients from Australia. Recommended options include Bybit, XT.com, HTX. You can see the full list on our Australia brokers page.