Higher Rated
Kraken
Capital at risk · T&Cs apply
Choosing between Kraken and Gemini depends on your trading style, preferred markets, and budget. Kraken is headquartered in San Francisco, USA, while Gemini operates from New York, USA. Kraken has the longer track record, established in 2011, compared to Gemini which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Kraken
Gemini
Kraken is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowOverall Rating
Kraken
3.4 vs 3.3
Lowest Fees
Kraken
0.2 vs 0.5 pips
Regulation
Tied
2 vs 2 licences
Min. Deposit
Tied
$0 vs $0
Kraken
WinnerGemini
Kraken
Lower feesGemini
Kraken holds licences from FCA, CFTC. Gemini is regulated by CFTC, FCA.
Both brokers offer access to Crypto markets.
On spreads, Kraken is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.5 pips at Gemini.
Kraken supports Proprietary Web, Proprietary Mobile. Gemini offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Kraken requires no minimum deposit, while Gemini sets no minimum deposit. This makes Kraken accessible to traders with any budget.
BrokerRank scores Kraken at 3.37/5 and Gemini at 3.32/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Kraken leads overall with a clear advantage.
Kraken scores higher overall on our independent rating system. Kraken holds a 3.4/5 rating vs Gemini's 3.3/5. 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 Gemini starts at 0.5 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. Gemini requires $0.
Kraken is regulated by FCA, CFTC, while Gemini holds licences from CFTC, FCA.
Kraken supports Proprietary Web, Proprietary Mobile. Gemini 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.