Higher Rated
Kraken
Capital at risk · T&Cs apply
AJ Bell and Kraken cater to distinctly different trader profiles, making the choice between them dependent on individual trading needs. AJ Bell, with its strong focus on stocks and indices, appeals to UK-based investors seeking comprehensive account options like ISA and SIPP, though it lacks forex and crypto offerings. Conversely, Kraken stands out for its expansive cryptocurrency market, appealing to traders interested in digital assets, supported by strong regulatory compliance and available staking options. While AJ Bell is best suited for traditional investors prioritising a robust selection of funds, Kraken is ideal for those engaged in crypto trading, albeit with slightly higher fees.
AJ Bell
Kraken
| AJ Bell | Kraken | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | FCA | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 3.4/5 vs 2.8/5 on BrokerRank's independent rating. On fees, AJ Bell offers lower spreads (0 pips).
See full side-by-side comparison belowAJ Bell
Kraken
WinnerAJ Bell
Lower feesKraken
AJ Bell
2.8/5
Choose AJ Bell if you want…
Kraken
3.4/5
Choose Kraken if you want…
Kraken scores higher overall on our independent rating system. AJ Bell holds a 2.8/5 rating vs Kraken's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AJ Bell offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
AJ Bell requires a minimum deposit of $0. Kraken requires $0.
AJ Bell is regulated by FCA, while Kraken holds licences from FCA, CFTC.
AJ Bell supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.