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Side-by-Side Comparison Independent Updated Oct 2, 2026

FxPro vs Kraken 2026: Which Broker is Better?

In comparing FxPro and Kraken, the most significant distinction lies in their market focus: FxPro is renowned for its comprehensive range of forex and CFD offerings, making it ideal for traders seeking diverse asset classes and high leverage options. Kraken, on the other hand, appeals primarily to cryptocurrency enthusiasts, providing a robust platform for trading digital assets with strong regulatory compliance. FxPro is particularly suited for experienced traders who value advanced trading platforms and high leverage, while Kraken attracts those interested in crypto trading with its extensive range of digital currencies and staking opportunities. Each broker's unique strengths cater to different trading preferences, making the choice dependent on individual trading goals and market interests.

FxPro

Kraken

VS
FxProKraken
BrokerRank Score4.1/54.3/5 ✓
Min. Deposit$100$0 ✓
Spread from0.6 pips0.2 pips ✓
Max Leverage1:500 ✓1:5
RegulationFCA, CySEC, ASIC ✓FCA, CFTC
PlatformsMT4, MT5, Proprietary WebProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenFxPro
Best for Low Fees
KrakenFxPro
Best for Regulation
FxProKraken
Best Overall
KrakenFxPro
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 4.1/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).

See full side-by-side comparison below

FxPro vs Kraken: Key Differences

Feature

FxPro

Kraken

Winner
Our Rating
4.1 / 5
4.3 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0.6 pips
0.2 pips
Commission
None
$0.16/lot
Platforms
MT4, MT5, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities
Crypto
Founded
2006
2011
Headquarters
London, UK
San Francisco, USA
Score
2 / 5
3 / 5

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Fees Comparison

Fee

FxPro

Lower fees

Kraken

Spread From
0.6 pips
0.2 pips
Commission
None
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

For beginners, FxPro is the better choice due to its user-friendly platforms like MT4 and MT5, coupled with strong regulatory oversight and negative balance protection, which provides a safer trading environment. Professional traders may prefer Kraken for its robust crypto offerings and strong fiat on/off ramps, although its user interface may not be beginner-friendly. When it comes to fees, FxPro has an edge with no commissions and spreads starting from 0.6 pips, compared to Kraken's higher fees and spreads from 0.2 pips plus a 0.16% commission.

Who Should Choose Which?

FxPro

FxPro

4.1/5

Choose FxPro if you want…

  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (5)
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • Tighter spreads (from 0.2 pips)
  • No minimum deposit

Also consider

View all rankings

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.

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Both FxPro & Kraken are available in

Frequently Asked Questions

1

Is FxPro better than Kraken?

Kraken scores higher overall on our independent rating system. FxPro holds a 4.1/5 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.

2

Which has lower fees, FxPro or Kraken?

FxPro offers spreads from 0.6 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FxPro vs Kraken?

FxPro requires a minimum deposit of $100. Kraken requires $0.

4

Which broker is safer, FxPro or Kraken?

FxPro is regulated by FCA, CySEC, ASIC, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do FxPro and Kraken support?

FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both FxPro 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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