eToro
Kraken
VS
Higher Rated
eToro
Capital at risk · T&Cs apply
In this broker comparison, we analyse eToro and Kraken, two prominent platforms catering to different types of traders. eToro, with a rating of 4.01/5, is renowned for its industry-leading social and copy trading features, appealing primarily to beginner traders and those interested in a diverse range of markets including stocks, forex, and crypto. Conversely, Kraken, rated 3.37/5, is a stalwart in the cryptocurrency exchange space, favoured by more experienced crypto traders who value strong regulatory compliance and robust fiat on/off ramps. The key difference lies in their market focus and user experience, with eToro offering a wider array of trading options, while Kraken specialises in cryptocurrency trading with advanced features like staking.
eToro
Kraken
| eToro | Kraken | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $50 | $0 ✓ |
| Spread from | 1 pips | 0.2 pips ✓ |
| Max Leverage | 1:30 ✓ | 1:5 |
| Regulation | FCA, CySEC, ASIC ✓ | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
eToro is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison beloweToro
WinnerKraken
eToro
Kraken
Lower fees
eToro
4.0/5
Choose eToro if you want…
Kraken
3.4/5
Choose Kraken if you want…
eToro scores higher overall on our independent rating system. eToro holds a 4.0/5 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.
eToro offers spreads from 1 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
eToro requires a minimum deposit of $50. Kraken requires $0.
eToro is regulated by FCA, CySEC, ASIC, SEC, while Kraken holds licences from FCA, CFTC.
eToro supports 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.