FXGT vs Kraken 2026: Which Broker is Better?
Compare FXGT and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FXGT
Kraken
| FXGT | Kraken | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 4.3/5 ✓ |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1000 ✓ | 1:5 |
| Regulation | CySEC, FSCA | FCA, CFTC |
| Platforms | MT5 | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, FXGT offers lower spreads (0 pips).
See full side-by-side comparison belowFXGT vs Kraken: Key Differences
FXGT
Kraken
WinnerStill deciding between FXGT and Kraken?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
FXGT
Lower feesKraken
BrokerRank Verdict
FXGT scores 3.16/5 while Kraken scores 4.35/5 in our independent rating.
Kraken edges ahead overall, but FXGT may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
FXGT
3.2/5
Choose FXGT if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- Higher leverage (up to 1:1000)
- More market types (5)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- No minimum deposit
- More established (est. 2011)
- More platforms (2 supported)
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 FXGT & Kraken are available in
Frequently Asked Questions
1Is FXGT better than Kraken?
Kraken scores higher overall on our independent rating system. FXGT holds a 3.2/5 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, FXGT or Kraken?
FXGT 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 FXGT vs Kraken?
FXGT requires a minimum deposit of $5. Kraken requires $0.
4Which broker is safer, FXGT or Kraken?
FXGT is regulated by CySEC, FSCA, while Kraken holds licences from FCA, CFTC.
5What trading platforms do FXGT and Kraken support?
FXGT supports MT5. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both FXGT and Kraken?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
Related Guides
More Comparisons
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across our broker database
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.
Featured
Bybit
4.0Capital at risk · T&Cs apply

