Fidelity vs Kraken 2026: Which Broker is Better?
In the realm of brokerage services, Fidelity and Kraken cater to distinctly different trading needs. Fidelity, with a legacy spanning over 75 years, primarily appeals to traditional investors seeking robust access to stocks, indices, and commodities, backed by extensive research and zero commission on US stocks. Conversely, Kraken is a prominent choice for crypto enthusiasts, offering a secure platform for digital asset trading with strong regulatory compliance and staking options. While Fidelity's strength lies in its comprehensive offerings for traditional markets, Kraken excels in providing access to the burgeoning world of cryptocurrencies.
Fidelity
Kraken
| Fidelity | Kraken | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SEC, CFTC | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | 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, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity vs Kraken: Key Differences
Fidelity
WinnerKraken
Still deciding between Fidelity and Kraken?
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Fees Comparison
Fidelity
Lower feesKraken
BrokerRank Verdict
Who Should Choose Which?
Fidelity
3.6/5
Choose Fidelity if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- More market types (3)
- More established (est. 1946)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- Higher leverage (up to 1:5)
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 Fidelity & Kraken are available in
Frequently Asked Questions
1Is Fidelity better than Kraken?
Kraken scores higher overall on our independent rating system. Fidelity 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, Fidelity or Kraken?
Fidelity 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 Fidelity vs Kraken?
Fidelity requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, Fidelity or Kraken?
Fidelity is regulated by SEC, CFTC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Fidelity and Kraken support?
Fidelity supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Fidelity 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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