Higher Rated
Libertex
Capital at risk · T&Cs apply
In this broker comparison, we examine Kraken and Libertex, two distinct platforms catering to different trader needs. Kraken, with its strong regulatory compliance and focus on cryptocurrency markets, appeals to traders looking for a highly trusted exchange with good fiat on/off ramps, although it may not be ideal for beginners due to its user interface and higher fees. In contrast, Libertex serves a broader market spectrum, including forex and CFDs, and is suited for traders who appreciate zero spread trading and the flexibility of using MT4 and MT5 platforms, despite its limited regulatory reach and absence from the UK and US markets. The key difference lies in Kraken’s specialised crypto offerings versus Libertex’s wide range of trading instruments.
Kraken
Libertex
| Kraken | Libertex | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 3.7/5 ✓ |
| Min. Deposit | $0 ✓ | $10 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:5 | 1:999 ✓ |
| Regulation | FCA, CFTC ✓ | CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Libertex is the better choice overall, scoring 3.7/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Libertex offers lower spreads (0 pips).
See full side-by-side comparison belowKraken
Libertex
WinnerKraken
Libertex
Lower feesKraken
3.4/5
Choose Kraken if you want…
Libertex
3.7/5
Choose Libertex if you want…
Libertex scores higher overall on our independent rating system. Kraken holds a 3.4/5 rating vs Libertex'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 Libertex starts at 0 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. Libertex requires $10.
Kraken is regulated by FCA, CFTC, while Libertex holds licences from CySEC.
Kraken supports Proprietary Web, Proprietary Mobile. Libertex supports Proprietary Web, Proprietary Mobile, MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.