IG Group
Kraken
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
In the broker comparison of IG Group and Kraken, the key difference lies in their market focus and trader appeal. IG Group, with a rating of 4.33/5 and over 50 years of industry experience, offers a comprehensive range of markets including CFDs, forex, stocks, indices, commodities, and crypto, making it suitable for traders seeking diversification and advanced research tools. Conversely, Kraken, rated 3.37/5, specialises in cryptocurrency trading and appeals primarily to crypto enthusiasts who value strong regulatory compliance and the availability of staking options. While IG Group caters to experienced traders looking for a broad market spectrum, Kraken is better suited for those focused on digital assets with a preference for a straightforward fee structure.
IG Group
Kraken
| IG Group | Kraken | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.4/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:5 |
| Regulation | FCA, ASIC, MAS ✓ | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
IG Group is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowIG Group
WinnerKraken
IG Group
Lower feesKraken
IG Group
4.3/5
Choose IG Group if you want…
Kraken
3.4/5
Choose Kraken if you want…
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 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.
IG Group offers spreads from 0.6 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
IG Group requires a minimum deposit of $250. Kraken requires $0.
IG Group is regulated by FCA, ASIC, MAS, SEC, while Kraken holds licences from FCA, CFTC.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. 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.