AvaTrade
Kraken
VS
Higher Rated
AvaTrade
Capital at risk · T&Cs apply
In this broker comparison, we evaluate AvaTrade and Kraken, two well-regarded platforms catering to different trading needs. AvaTrade, with a rating of 3.98/5, appeals to traders seeking a broad range of markets including forex, CFDs, and cryptocurrencies, complemented by its robust educational resources and zero-commission accounts. In contrast, Kraken, rated 3.37/5, is a specialist in cryptocurrency trading, attracting seasoned crypto enthusiasts who value its strong regulatory compliance and comprehensive fiat on/off ramp options. While AvaTrade offers maximum leverage of 1:400, making it suitable for high-leverage forex and CFD traders, Kraken provides a more modest leverage of 1:5, aligning with traders focused on security and long-term crypto investment strategies.
AvaTrade
Kraken
| AvaTrade | Kraken | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.9 pips | 0.2 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:5 |
| Regulation | FCA, ASIC, MAS ✓ | FCA, CFTC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
AvaTrade is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowAvaTrade
WinnerKraken
AvaTrade
Lower feesKraken
AvaTrade
4.0/5
Choose AvaTrade if you want…
Kraken
3.4/5
Choose Kraken if you want…
AvaTrade scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 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.
AvaTrade offers spreads from 0.9 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. Kraken requires $0.
AvaTrade is regulated by FCA, ASIC, MAS, while Kraken holds licences from FCA, CFTC.
AvaTrade supports MT4, MT5, 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.