FBS
Kraken
VS
Higher Rated
FBS
Capital at risk · T&Cs apply
In this comparison of FBS and Kraken, we explore the distinct features that cater to different trading preferences. FBS, with its diverse market offerings and high leverage of up to 1:3000, appeals primarily to forex and CFD traders seeking low entry barriers and extensive leverage options, especially in regions like Asia and Africa. In contrast, Kraken focuses on cryptocurrency trading, providing a robust platform with strong regulatory compliance, making it ideal for traders prioritising security and fiat on/off ramps. Each broker serves a unique segment of the trading community, with FBS attracting those interested in high leverage and diverse markets, while Kraken is better suited for cryptocurrency enthusiasts prioritising regulatory trust and staking opportunities.
FBS
Kraken
| FBS | Kraken | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $1 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:3000 ✓ | 1:5 |
| Regulation | CySEC, ASIC, FSCA ✓ | FCA, CFTC |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
FBS is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FBS offers lower spreads (0 pips).
See full side-by-side comparison belowFBS
WinnerKraken
FBS
Lower feesKraken
FBS
3.9/5
Choose FBS if you want…
Kraken
3.4/5
Choose Kraken if you want…
FBS scores higher overall on our independent rating system. FBS holds a 3.9/5 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.
FBS offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
FBS requires a minimum deposit of $1. Kraken requires $0.
FBS is regulated by CySEC, ASIC, FSCA, while Kraken holds licences from FCA, CFTC.
FBS supports MT4, MT5, 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.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.