Kraken vs mBank 2026: Which Broker is Better?
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 | mBank | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:5 | 1:5 |
| Regulation | FCA, CFTC ✓ | KNF |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, mBank Trader |
Kraken is the better choice overall, scoring 4.4/5 vs 3.4/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowKraken vs mBank: Key Differences
Kraken
WinnermBank
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Fees Comparison
Kraken
mBank
Lower feesRegulation & Trust
Kraken holds licences from FCA, CFTC. mBank is regulated by KNF.
Markets & Assets
Kraken additionally covers Crypto. mBank adds Stocks, Etf, Cfd, Indices, Forex.
Fees & Spreads
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
Trading Platforms
Kraken supports Proprietary Web, Proprietary Mobile. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Kraken requires no minimum deposit, while mBank sets no minimum deposit. This makes Kraken accessible to traders with any budget.
Overall Ratings
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.
BrokerRank Verdict
Who Should Choose Which?
Kraken
4.4/5
Choose Kraken if you want…
- Higher overall rating (4.4/5)
- More regulatory licences (2)
mBank
3.4/5
Choose mBank if you want…
- Tighter spreads (from 0 pips)
- More market types (5)
- More established (est. 2000)
- Free withdrawals
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 & mBank are available in
Frequently Asked Questions
1Is Kraken better than mBank?
Kraken scores higher overall on our independent rating system. Kraken holds a 4.4/5 rating vs mBank's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Kraken or mBank?
Kraken offers spreads from 0.2 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Kraken vs mBank?
Kraken requires a minimum deposit of $0. mBank requires $0.
4Which broker is safer, Kraken or mBank?
Kraken is regulated by FCA, CFTC, while mBank holds licences from KNF.
5What trading platforms do Kraken and mBank support?
Kraken supports Proprietary Web, Proprietary Mobile. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
6Can I use both Kraken and mBank?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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