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Side-by-Side Comparison Independent Updated Oct 29, 2026

CM Trading vs Kraken 2026: Which Broker is Better?

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

CM Trading

Kraken

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
CM TradingKraken
BrokerRank Score3.0/54.3/5 ✓
Min. Deposit$250$0 ✓
Spread from1 pips0.2 pips ✓
Max Leverage1:200 ✓1:5
RegulationFSCAFCA, CFTC ✓
PlatformsMT4, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenCM Trading
Best for Low Fees
KrakenCM Trading
Best for Regulation
KrakenCM Trading
Best Overall
KrakenCM Trading
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).

See full side-by-side comparison below

CM Trading vs Kraken: Key Differences

Feature

CM Trading

Kraken

Winner
Our Rating
3.0 / 5
4.3 / 5
Min. Deposit
$250
$0
Max Leverage
Spread From
1 pips
0.2 pips
Commission
None
$0.16/lot
Regulated By
Platforms
MT4, Proprietary Web
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto, Stocks
Crypto
Founded
2012
2011
Headquarters
Johannesburg, South Africa
San Francisco, USA
Score
1 / 5
4 / 5

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Fees Comparison

Fee

CM Trading

Lower fees

Kraken

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

BrokerRank Verdict

CM Trading scores 2.98/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but CM Trading 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?

CM Trading

CM Trading

3.0/5

Choose CM Trading if you want…

  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More market types (6)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • Tighter spreads (from 0.2 pips)
  • No minimum deposit
  • More regulatory licences (2)

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both CM Trading & Kraken are available in

Frequently Asked Questions

1

Is CM Trading better than Kraken?

Kraken scores higher overall on our independent rating system. CM Trading 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, CM Trading or Kraken?

CM Trading offers spreads from 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 CM Trading vs Kraken?

CM Trading requires a minimum deposit of $250. Kraken requires $0.

4

Which broker is safer, CM Trading or Kraken?

CM Trading is regulated by FSCA, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do CM Trading and Kraken support?

CM Trading supports MT4, Proprietary Web. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both CM Trading and Kraken?

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

Key Trading Terms

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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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