ForTrade vs Kraken 2026: Which Broker is Better?
Choosing between ForTrade and Kraken depends on your trading style, preferred markets, and budget. ForTrade is headquartered in London, UK, while Kraken operates from San Francisco, USA. Kraken has the longer track record, established in 2011, compared to ForTrade which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ForTrade
Kraken
| ForTrade | Kraken | |
|---|---|---|
| BrokerRank Score | 4.3/5 | 4.3/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 1 pips | 0.2 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | FCA, ASIC, CySEC ✓ | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 4.3/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowForTrade vs Kraken: Key Differences
ForTrade
Kraken
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Fees Comparison
ForTrade
Lower feesKraken
Regulation & Trust
ForTrade holds licences from FCA, ASIC, CySEC. Kraken is regulated by FCA, CFTC.
Markets & Assets
ForTrade additionally covers Forex, Cfd, Indices, Commodities, Stocks. Kraken adds Crypto.
Fees & Spreads
On spreads, Kraken is more competitive with EUR/USD spreads from 0.2 pips, compared to 1.0 pips at ForTrade.
Trading Platforms
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Kraken offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
ForTrade 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 ForTrade at 3.81/5 and Kraken at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ForTrade leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
ForTrade
4.3/5
Choose ForTrade if you want…
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (6)
- More market types (6)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- Tighter spreads (from 0.2 pips)
- No minimum deposit
- More established (est. 2011)
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 ForTrade & Kraken are available in
Frequently Asked Questions
1Is ForTrade better than Kraken?
Kraken scores higher overall on our independent rating system. ForTrade holds a 4.3/5 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, ForTrade or Kraken?
ForTrade offers spreads from 1 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for ForTrade vs Kraken?
ForTrade requires a minimum deposit of $100. Kraken requires $0.
4Which broker is safer, ForTrade or Kraken?
ForTrade is regulated by FCA, ASIC, CySEC, CIRO, DFSA, FSC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do ForTrade and Kraken support?
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both ForTrade 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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