InvestEngine
Kraken
VS
Higher Rated
Kraken
Capital at risk · T&Cs apply
InvestEngine and Kraken cater to distinctly different trading needs and preferences. InvestEngine, based in London, is ideal for UK investors focused on commission-free ETF investing and building managed portfolios or DIY options, making it appealing for those interested in long-term, low-cost investments. In contrast, Kraken, a more established platform originating from San Francisco, targets cryptocurrency enthusiasts seeking a reliable exchange with strong regulatory compliance and staking opportunities. While InvestEngine offers no leverage, Kraken provides up to 1:5 leverage, making it more suitable for traders looking to capitalise on cryptocurrency market fluctuations.
InvestEngine
Kraken
| InvestEngine | Kraken | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 3.4/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | FCA | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 3.4/5 vs 3.2/5 on BrokerRank's independent rating. On fees, InvestEngine offers lower spreads (0 pips).
See full side-by-side comparison belowInvestEngine
Kraken
InvestEngine
Lower feesKraken
InvestEngine
3.2/5
Choose InvestEngine if you want…
Kraken
3.4/5
Choose Kraken if you want…
Kraken scores higher overall on our independent rating system. InvestEngine holds a 3.2/5 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.
InvestEngine offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
InvestEngine requires a minimum deposit of $0. Kraken requires $0.
InvestEngine is regulated by FCA, while Kraken holds licences from FCA, CFTC.
InvestEngine 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
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.