Kraken vs GO Markets 2026: Which Broker is Better?
Choosing between Kraken and GO Markets depends on your trading style, preferred markets, and budget. Kraken is headquartered in San Francisco, USA, while GO Markets operates from Melbourne, Australia. GO Markets has the longer track record, established in 2006, compared to Kraken which was founded in 2011. 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
GO Markets
| Kraken | GO Markets | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.3/5 |
| Min. Deposit | $0 ✓ | $200 |
| Spread from | 0.2 pips | 0.1 pips ✓ |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | FCA, CFTC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5 |
Kraken is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, GO Markets offers lower spreads (0.1 pips).
See full side-by-side comparison belowKraken vs GO Markets: Key Differences
Kraken
WinnerGO Markets
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Fees Comparison
Kraken
GO Markets
Lower feesRegulation & Trust
Kraken holds licences from FCA, CFTC. GO Markets is regulated by ASIC, CySEC.
Markets & Assets
Both brokers offer access to Crypto markets. GO Markets adds Forex, Cfd, Indices, Commodities.
Fees & Spreads
On spreads, GO Markets is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.2 pips at Kraken.
Trading Platforms
Kraken supports Proprietary Web, Proprietary Mobile. GO Markets offers MT4, MT5.
Minimum Deposit
Kraken requires no minimum deposit, while GO Markets sets a minimum deposit of $200. This makes Kraken accessible to traders with any budget.
Overall Ratings
BrokerRank scores Kraken at 3.37/5 and GO Markets at 3.33/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Kraken leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- No minimum deposit
GO Markets
3.3/5
Choose GO Markets if you want…
- Tighter spreads (from 0.1 pips)
- Higher leverage (up to 1:500)
- More market types (5)
- More established (est. 2006)
Also consider
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.
Both Kraken & GO Markets are available in
Frequently Asked Questions
1Is Kraken better than GO Markets?
Kraken scores higher overall on our independent rating system. Kraken holds a 4.3/5 rating vs GO Markets's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Kraken or GO Markets?
Kraken offers spreads from 0.2 pips, while GO Markets starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Kraken vs GO Markets?
Kraken requires a minimum deposit of $0. GO Markets requires $200.
4Which broker is safer, Kraken or GO Markets?
Kraken is regulated by FCA, CFTC, while GO Markets holds licences from ASIC, CySEC.
5What trading platforms do Kraken and GO Markets support?
Kraken supports Proprietary Web, Proprietary Mobile. GO Markets supports MT4, MT5.
6Can I use both Kraken and GO Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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