Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

Deriv vs Kraken 2026: Which Broker is Better?

In this "Deriv vs Kraken" broker comparison, we explore the key differences between these two financial service providers, catering to distinct trader profiles. Deriv, with a rating of 3.77/5, appeals to traders seeking diverse market access, including forex, CFDs, and synthetic indices, with the advantage of very low minimum deposits and no commission on most products. On the other hand, Kraken, rated 3.37/5, is a strong choice for those focused on cryptocurrency trading, offering robust regulatory compliance and a secure platform known for good fiat on/off ramps. While Deriv is ideal for traders looking for high leverage and unique trading products, Kraken is better suited for crypto enthusiasts seeking a trusted and well-established exchange.

Deriv

Kraken

VS
DerivKraken
BrokerRank Score4.0/54.4/5 ✓
Min. Deposit$5$0 ✓
Spread from0.5 pips0.2 pips ✓
Max Leverage1:1000 ✓1:5
RegulationMFSA, Labuan FSA, BVI FSC ✓FCA, CFTC
PlatformsMT5, Proprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenDeriv
Best for Low Fees
KrakenDeriv
Best for Regulation
DerivKraken
Best Overall
KrakenDeriv
Quick Answer

Kraken is the better choice overall, scoring 4.4/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).

See full side-by-side comparison below

Deriv vs Kraken: Key Differences

Feature

Deriv

Kraken

Winner
Our Rating
4.0 / 5
4.4 / 5
Min. Deposit
$5
$0
Max Leverage
Spread From
0.5 pips
0.2 pips
Commission
None
$0.16/lot
Regulated By
MFSALabuan FSABVI FSCVFSCCIMAFSCCMA
Platforms
MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Crypto
Founded
1999
2011
Headquarters
Limassol, Cyprus
San Francisco, USA
Score
1 / 5
4 / 5

Still deciding between Deriv and Kraken?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Deriv

Lower fees

Kraken

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

BrokerRank Verdict

For beginners, Deriv is more suitable due to its very low minimum deposit of $5 and a broad range of markets, although its proprietary products may be complex initially. Professional traders might prefer Kraken for its strong regulatory compliance and extensive experience in the crypto market, despite its limited leverage options. When it comes to fees, Deriv offers a more competitive edge with zero commission on most products, as opposed to Kraken's commission of 0.16.

Who Should Choose Which?

Deriv

Deriv

4.0/5

Choose Deriv if you want…

  • No per-trade commission
  • Higher leverage (up to 1:1000)
  • More regulatory licences (7)
  • More market types (5)
Kraken

Kraken

4.4/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.4/5)
  • Tighter spreads (from 0.2 pips)
  • No minimum deposit

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
#3FxPro logo
FxPro
4.1
FCA
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Deriv & Kraken are available in

Frequently Asked Questions

1

Is Deriv better than Kraken?

Kraken scores higher overall on our independent rating system. Deriv holds a 4.0/5 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, Deriv or Kraken?

Deriv offers spreads from 0.5 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Deriv vs Kraken?

Deriv requires a minimum deposit of $5. Kraken requires $0.

4

Which broker is safer, Deriv or Kraken?

Deriv is regulated by MFSA, Labuan FSA, BVI FSC, VFSC, CIMA, FSC, CMA, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Deriv and Kraken support?

Deriv supports MT5, Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Deriv 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

Related Guides

More Comparisons

BrokerRank Research

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

Featured

Bybit

4.2
Open Account

Capital at risk · T&Cs apply