Kraken
MEXC
VS
Higher Rated
Kraken
Capital at risk · T&Cs apply
In the world of cryptocurrency trading, Kraken and MEXC represent distinct choices catering to different trader profiles. Kraken, established in 2011 and known for its strong regulatory compliance, appeals to traders seeking a reliable and secure platform with fiat on/off ramps and staking options, albeit with higher fees and limited leverage. In contrast, MEXC, founded in 2018, targets more experienced traders interested in a vast selection of altcoins and high leverage futures, offering zero maker fees on spot trades but lacking in regulatory strength and customer support. Each platform offers unique advantages, making it important for traders to assess their individual needs and priorities.
Kraken
MEXC
| Kraken | MEXC | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.2 pips | 0 pips ✓ |
| Max Leverage | 1:5 | 1:200 ✓ |
| Regulation | FCA, CFTC ✓ | FSA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 3.4/5 vs 3.0/5 on BrokerRank's independent rating. On fees, MEXC offers lower spreads (0 pips).
See full side-by-side comparison belowKraken
MEXC
Kraken
MEXC
Lower fees
Kraken
3.4/5
Choose Kraken if you want…
MEXC
3.0/5
Choose MEXC if you want…
Kraken scores higher overall on our independent rating system. Kraken holds a 3.4/5 rating vs MEXC's 3.0/5. 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 MEXC starts at 0 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. MEXC requires $0.
Kraken is regulated by FCA, CFTC, while MEXC holds licences from FSA.
Kraken supports Proprietary Web, Proprietary Mobile. MEXC 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.