Deriv
Kraken
VS
Higher Rated
Deriv
Capital at risk · T&Cs apply
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
| Deriv | Kraken | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.5 pips | 0.2 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:5 |
| Regulation | FCA, MAS | FCA, CFTC |
| Platforms | MT5, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Deriv is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowDeriv
Kraken
Deriv
Lower feesKraken
Deriv
3.8/5
Choose Deriv if you want…
Kraken
3.4/5
Choose Kraken if you want…
Deriv scores higher overall on our independent rating system. Deriv holds a 3.8/5 rating vs Kraken's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Deriv offers spreads from 0.5 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Deriv requires a minimum deposit of $5. Kraken requires $0.
Deriv is regulated by FCA, MAS, while Kraken holds licences from FCA, CFTC.
Deriv supports MT5, Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
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.