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Side-by-Side Comparison Independent Updated Oct 23, 2026

BMO InvestorLine vs Kraken 2026: Which Broker is Better?

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

BMO InvestorLine

Kraken

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
BMO InvestorLineKraken
BrokerRank Score2.9/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:51:5
RegulationIIROC, CIPFFCA, CFTC
PlatformsProprietary Web, Proprietary Mobile, advancedDashboardProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
BMO InvestorLineKraken
Best for Low Fees
BMO InvestorLineKraken
Best for Regulation
BMO InvestorLineKraken
Best Overall
KrakenBMO InvestorLine
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 2.9/5 on BrokerRank's independent rating. On fees, BMO InvestorLine offers lower spreads (0 pips).

See full side-by-side comparison below

BMO InvestorLine vs Kraken: Key Differences

Feature

BMO InvestorLine

Kraken

Winner
Our Rating
2.9 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$9.95/lot
$0.16/lot
Regulated By
IIROCCIPF
Platforms
Proprietary Web, Proprietary Mobile, advancedDashboard
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices
Crypto
Founded
1988
2011
Headquarters
Toronto, Canada
San Francisco, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

BMO InvestorLine

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$9.95/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

BMO InvestorLine scores 2.91/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but BMO InvestorLine 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?

BMO InvestorLine

BMO InvestorLine

2.9/5

Choose BMO InvestorLine if you want…

  • Tighter spreads (from 0 pips)
  • More market types (3)
  • More established (est. 1988)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)

Also consider

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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 BMO InvestorLine & Kraken are available in

Frequently Asked Questions

1

Is BMO InvestorLine better than Kraken?

Kraken scores higher overall on our independent rating system. BMO InvestorLine holds a 2.9/5 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, BMO InvestorLine or Kraken?

BMO InvestorLine 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 BMO InvestorLine vs Kraken?

BMO InvestorLine requires a minimum deposit of $0. Kraken requires $0.

4

Which broker is safer, BMO InvestorLine or Kraken?

BMO InvestorLine is regulated by IIROC, CIPF, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do BMO InvestorLine and Kraken support?

BMO InvestorLine supports Proprietary Web, Proprietary Mobile, advancedDashboard. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both BMO InvestorLine 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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