Eightcap vs Kraken 2026: Which Broker is Better?
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 | 4.3/5 ✓ |
| 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 |
Kraken is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).
See full side-by-side comparison belowEightcap vs Kraken: Key Differences
Eightcap
Kraken
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Fees Comparison
Eightcap
Lower feesKraken
Regulation & Trust
Eightcap holds licences from ASIC, FCA, CySEC. Kraken is regulated by FCA, CFTC.
Markets & Assets
Both brokers offer access to Crypto markets. Eightcap additionally covers Forex, Cfd, Indices, Commodities.
Fees & Spreads
On spreads, Eightcap is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
Trading Platforms
Eightcap supports MT4, MT5. Kraken offers Proprietary Web, Proprietary Mobile.
Minimum Deposit
Eightcap requires a minimum deposit of $100, while Kraken sets no minimum deposit. This makes Kraken accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Eightcap
3.6/5
Choose Eightcap if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (5)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- No minimum deposit
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 Eightcap & Kraken are available in
Frequently Asked Questions
1Is Eightcap better than Kraken?
Kraken scores higher overall on our independent rating system. Eightcap holds a 3.6/5 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, Eightcap or Kraken?
Eightcap 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 Eightcap vs Kraken?
Eightcap requires a minimum deposit of $100. Kraken requires $0.
4Which broker is safer, Eightcap or Kraken?
Eightcap is regulated by ASIC, FCA, CySEC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Eightcap and Kraken support?
Eightcap supports MT4, MT5. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Eightcap 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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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
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