Eightcap
Kraken
VS
Higher Rated
Eightcap
Capital at risk · T&Cs apply
Choosing between Eightcap and Kraken depends on your trading style, preferred markets, and budget. Eightcap is headquartered in Melbourne, Australia, while Kraken operates from San Francisco, USA. Eightcap has the longer track record, established in 2009, compared to Kraken which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Eightcap
Kraken
| Eightcap | Kraken | |
|---|---|---|
| BrokerRank Score | 3.6/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | ASIC, FCA, CySEC ✓ | FCA, CFTC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Eightcap is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).
See full side-by-side comparison belowEightcap
WinnerKraken
Eightcap
Lower feesKraken
Eightcap holds licences from ASIC, FCA, CySEC. Kraken is regulated by FCA, CFTC.
Both brokers offer access to Crypto markets. Eightcap additionally covers Forex, Cfd, Indices, Commodities.
On spreads, Eightcap is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
Eightcap supports MT4, MT5. Kraken offers Proprietary Web, Proprietary Mobile.
Eightcap requires a minimum deposit of $100, while Kraken sets no minimum deposit. This makes Kraken accessible to traders with any budget.
BrokerRank scores Eightcap at 3.62/5 and Kraken at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Eightcap leads overall with a clear advantage.
Eightcap
3.6/5
Choose Eightcap if you want…
Kraken
3.4/5
Choose Kraken if you want…
Eightcap scores higher overall on our independent rating system. Eightcap holds a 3.6/5 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.
Eightcap offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Eightcap requires a minimum deposit of $100. Kraken requires $0.
Eightcap is regulated by ASIC, FCA, CySEC, while Kraken holds licences from FCA, CFTC.
Eightcap supports MT4, MT5. 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.