Fidelity
Kraken
VS
Higher Rated
Fidelity
Capital at risk · T&Cs apply
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 ✓ | 3.4/5 |
| 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 |
Fidelity is the better choice overall, scoring 3.6/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Fidelity offers lower spreads (0 pips).
See full side-by-side comparison belowFidelity
WinnerKraken
Fidelity
Lower feesKraken
Fidelity
3.6/5
Choose Fidelity if you want…
Kraken
3.4/5
Choose Kraken if you want…
Fidelity scores higher overall on our independent rating system. Fidelity 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.
Fidelity offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Fidelity requires a minimum deposit of $0. Kraken requires $0.
Fidelity is regulated by SEC, CFTC, while Kraken holds licences from FCA, CFTC.
Fidelity 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.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
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.