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Side-by-Side Comparison Independent Updated Oct 24, 2026

Bitbank vs Kraken 2026: Which Broker is Better?

Compare Bitbank and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Bitbank

Kraken

VS
BitbankKraken
BrokerRank Score3.1/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:21:5 ✓
RegulationFSAFCA, CFTC ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
BitbankKraken
Best for Low Fees
BitbankKraken
Best for Regulation
KrakenBitbank
Best Overall
KrakenBitbank
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Bitbank offers lower spreads (0 pips).

See full side-by-side comparison below

Bitbank vs Kraken: Key Differences

Feature

Bitbank

Kraken

Our Rating
3.1 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$0.12/lot
$0.16/lot
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2014
2011
Headquarters
Tokyo, Japan
San Francisco, USA
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Bitbank

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$0.12/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

Bitbank scores 3.06/5 while Kraken scores 4.31/5 in our independent rating.

Kraken edges ahead overall, but Bitbank may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Bitbank

Bitbank

3.1/5

Choose Bitbank if you want…

  • Tighter spreads (from 0 pips)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • Higher leverage (up to 1:5)
  • More regulatory licences (2)
  • More established (est. 2011)

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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4.3
FCA
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4.0
MAS
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Bitbank & Kraken are available in

Frequently Asked Questions

1

Is Bitbank better than Kraken?

Kraken scores higher overall on our independent rating system. Bitbank holds a 3.1/5 rating vs Kraken's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Bitbank or Kraken?

Bitbank 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 Bitbank vs Kraken?

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

4

Which broker is safer, Bitbank or Kraken?

Bitbank is regulated by FSA, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Bitbank and Kraken support?

Bitbank supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Bitbank 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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BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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