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Side-by-Side Comparison Independent Updated Oct 2, 2026

Axi vs Kraken 2026: Which Broker is Better?

In the "Axi vs Kraken" broker comparison, the key difference lies in their market focus and platform offerings. Axi provides a diverse range of trading options, including forex, CFDs, stocks, commodities, and cryptocurrencies, appealing primarily to traders seeking high leverage and comprehensive market access through the MT4 platform. In contrast, Kraken specialises in cryptocurrency trading and offers robust security and regulatory compliance, making it an attractive choice for crypto enthusiasts who value a strong fiat on/off ramp and staking options. Each broker caters to different trading needs, with Axi suited for those requiring broader asset classes and Kraken for those focused on digital currencies.

Axi

Kraken

AxiKraken
BrokerRank Score3.6/54.4/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:500 ✓1:5
RegulationASIC, FCAFCA, CFTC
PlatformsMT4, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
AxiKraken
Best for Low Fees
AxiKraken
Best for Regulation
AxiKraken
Best Overall
KrakenAxi
Quick Answer

Kraken is the better choice overall, scoring 4.4/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Axi offers lower spreads (0 pips).

See full side-by-side comparison below

Axi vs Kraken: Key Differences

Feature

Axi

Kraken

Winner
Our Rating
3.6 / 5
4.4 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$3.5/lot
$0.16/lot
Regulated By
Platforms
MT4, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2007
2011
Headquarters
Sydney, Australia
San Francisco, USA
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Axi

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$3.5/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

For beginners, Axi emerges as the better choice due to its user-friendly conditions such as no minimum deposit, competitive spreads from 0.0 pips on its Pro account, and robust regulatory compliance with ASIC and FCA. Professional traders may prefer Kraken for its strong regulatory standing and comprehensive crypto offerings, despite its higher fees and limited leverage. In terms of fees, Axi takes the lead with lower commissions of 3.5 compared to Kraken's 0.16, especially appealing to those trading forex and CFDs.

Who Should Choose Which?

Axi

Axi

3.6/5

Choose Axi if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2007)
Kraken

Kraken

4.4/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.4/5)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both Axi & Kraken are available in

Frequently Asked Questions

1

Is Axi better than Kraken?

Kraken scores higher overall on our independent rating system. Axi holds a 3.6/5 rating vs Kraken's 4.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Axi or Kraken?

Axi offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Axi vs Kraken?

Axi requires a minimum deposit of $0. Kraken requires $0.

4

Which broker is safer, Axi or Kraken?

Axi is regulated by ASIC, FCA, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Axi and Kraken support?

Axi supports MT4, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Axi and Kraken?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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