Kraken
Plus500
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
In this comparison of Kraken and Plus500, we explore two distinct trading platforms catering to different investor needs. Kraken, with its strong regulatory compliance and focus on cryptocurrency markets, appeals primarily to experienced crypto traders seeking a secure, reliable exchange with the added benefit of staking. Conversely, Plus500 offers a beginner-friendly environment with a broad range of CFDs, including forex and commodities, making it an attractive option for traders interested in diverse market exposure without the complexities of asset ownership. The key difference lies in their offerings, with Kraken specialising in cryptocurrency trading and Plus500 providing a wide array of CFDs across various asset classes.
Kraken
Plus500
| Kraken | Plus500 | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:300 ✓ |
| Regulation | FCA, CFTC | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowKraken
Plus500
WinnerKraken
Plus500
Lower fees
Kraken
3.4/5
Choose Kraken if you want…
Plus500
4.0/5
Choose Plus500 if you want…
Plus500 scores higher overall on our independent rating system. Kraken holds a 3.4/5 rating vs Plus500's 4.0/5. 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 Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
Kraken requires a minimum deposit of $0. Plus500 requires $100.
Kraken is regulated by FCA, CFTC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
Kraken supports Proprietary Web, Proprietary Mobile. Plus500 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.