Kraken vs Plus500 2026: Which Broker is Better?
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
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Kraken | Plus500 | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 4.0/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.2 pips ✓ | 0.6 pips |
| Max Leverage | 1:5 | 1:30 ✓ |
| Regulation | FCA, CFTC | FCA, CySEC, ASIC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.4/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowKraken vs Plus500: Key Differences
Kraken
WinnerPlus500
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Fees Comparison
Kraken
Plus500
Lower feesBrokerRank Verdict
Who Should Choose Which?
Kraken
4.4/5
Choose Kraken if you want…
- Higher overall rating (4.4/5)
- Tighter spreads (from 0.2 pips)
- No minimum deposit
Plus500
4.0/5
Choose Plus500 if you want…
- No per-trade commission
- Higher leverage (up to 1:30)
- More regulatory licences (4)
- More market types (6)
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 & Plus500 are available in
Frequently Asked Questions
1Is Kraken better than Plus500?
Kraken scores higher overall on our independent rating system. Kraken holds a 4.4/5 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.
2Which has lower fees, Kraken or Plus500?
Kraken offers spreads from 0.2 pips, while Plus500 starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Kraken vs Plus500?
Kraken requires a minimum deposit of $0. Plus500 requires $100.
4Which broker is safer, Kraken or Plus500?
Kraken is regulated by FCA, CFTC, while Plus500 holds licences from FCA, CySEC, ASIC, MAS.
5What trading platforms do Kraken and Plus500 support?
Kraken supports Proprietary Web, Proprietary Mobile. Plus500 supports Proprietary Web, Proprietary Mobile.
6Can I use both Kraken and Plus500?
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.
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