Kraken
FXCM
VS
Higher Rated
FXCM
Capital at risk · T&Cs apply
Compare Kraken and FXCM side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Kraken
FXCM
FXCM is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowOverall Rating
FXCM
3.4 vs 3.7
Lowest Fees
Tied
0.2 vs 0.2 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
Kraken
$0 vs $50
Kraken
FXCM
WinnerKraken
FXCM
Lower feesKraken scores 3.37/5 while FXCM scores 3.66/5 in our independent rating.
FXCM edges ahead overall, but Kraken may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
FXCM scores higher overall on our independent rating system. Kraken holds a 3.4/5 rating vs FXCM's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Kraken offers spreads from 0.2 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. FXCM requires $50.
Kraken is regulated by FCA, CFTC, while FXCM holds licences from FCA, ASIC.
Kraken supports Proprietary Web, Proprietary Mobile. FXCM supports MT4, 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.