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Side-by-Side Comparison Independent Updated Oct 28, 2026

bitFlyer vs Kraken 2026: Which Broker is Better?

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

bitFlyer

Kraken

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

Kraken is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, bitFlyer offers lower spreads (0.1 pips).

See full side-by-side comparison below

bitFlyer vs Kraken: Key Differences

Feature

bitFlyer

Kraken

Our Rating
3.0 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.1 pips
0.2 pips
Commission
$0.15/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

bitFlyer

Lower fees

Kraken

Spread From
0.1 pips
0.2 pips
Commission
$0.15/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

bitFlyer scores 3.03/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but bitFlyer 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?

bitFlyer

bitFlyer

3.0/5

Choose bitFlyer if you want…

  • Tighter spreads (from 0.1 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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Both bitFlyer & Kraken are available in

Frequently Asked Questions

1

Is bitFlyer better than Kraken?

Kraken scores higher overall on our independent rating system. bitFlyer holds a 3.0/5 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, bitFlyer or Kraken?

bitFlyer offers spreads from 0.1 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for bitFlyer vs Kraken?

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

4

Which broker is safer, bitFlyer or Kraken?

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

5

What trading platforms do bitFlyer and Kraken support?

bitFlyer supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both bitFlyer 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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4.0
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