Kraken
mBank
VS
Higher Rated
Kraken
Capital at risk · T&Cs apply
Choosing between Kraken and mBank depends on your trading style, preferred markets, and budget. Kraken is headquartered in San Francisco, USA, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, 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
mBank
Kraken is the better choice overall, scoring 3.4/5 vs 3.3/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Kraken
3.4 vs 3.3
Lowest Fees
mBank
0.2 vs 0 pips
Regulation
Kraken
2 vs 1 licences
Min. Deposit
Tied
$0 vs $0
Kraken
WinnermBank
Kraken
mBank
Lower feesKraken holds licences from FCA, CFTC. mBank is regulated by KNF.
Kraken additionally covers Crypto. mBank adds Stocks, Etf, Cfd, Indices, Forex.
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
Kraken supports Proprietary Web, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
Kraken requires no minimum deposit, while mBank sets no minimum deposit. This makes Kraken accessible to traders with any budget.
BrokerRank scores Kraken at 3.37/5 and mBank at 3.27/5, 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 mBank'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 mBank starts at 0 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. mBank requires $0.
Kraken is regulated by FCA, CFTC, while mBank holds licences from KNF.
Kraken supports Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
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.