EFG Hermes vs Kraken 2026: Which Broker is Better?
Compare EFG Hermes and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
EFG Hermes
Kraken
| EFG Hermes | Kraken | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | EFSA, DFSA | FCA, CFTC |
| Platforms | EFG Hermes One, EFG Hermes App | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, EFG Hermes offers lower spreads (0 pips).
See full side-by-side comparison belowEFG Hermes vs Kraken: Key Differences
EFG Hermes
Kraken
Still deciding between EFG Hermes and Kraken?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
EFG Hermes
Lower feesKraken
BrokerRank Verdict
EFG Hermes scores 3.12/5 while Kraken scores 4.35/5 in our independent rating.
Kraken edges ahead overall, but EFG Hermes 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?
EFG Hermes
3.1/5
Choose EFG Hermes if you want…
- Tighter spreads (from 0 pips)
- More market types (4)
- More established (est. 1984)
- Free withdrawals
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
Also consider
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.
Both EFG Hermes & Kraken are available in
Frequently Asked Questions
1Is EFG Hermes better than Kraken?
Kraken scores higher overall on our independent rating system. EFG Hermes holds a 3.1/5 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.
2Which has lower fees, EFG Hermes or Kraken?
EFG Hermes offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for EFG Hermes vs Kraken?
EFG Hermes requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, EFG Hermes or Kraken?
EFG Hermes is regulated by EFSA, DFSA, while Kraken holds licences from FCA, CFTC.
5What trading platforms do EFG Hermes and Kraken support?
EFG Hermes supports EFG Hermes One, EFG Hermes App. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both EFG Hermes 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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