M1 Finance vs Kraken 2026: Which Broker is Better?
Compare M1 Finance and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
M1 Finance
Kraken
| M1 Finance | Kraken | |
|---|---|---|
| BrokerRank Score | 3.2/5 | 4.3/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:2 | 1:5 ✓ |
| Regulation | SEC | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, M1 Finance offers lower spreads (0 pips).
See full side-by-side comparison belowM1 Finance vs Kraken: Key Differences
M1 Finance
Kraken
WinnerStill deciding between M1 Finance and Kraken?
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Fees Comparison
M1 Finance
Lower feesKraken
BrokerRank Verdict
M1 Finance scores 3.20/5 while Kraken scores 4.34/5 in our independent rating.
Kraken edges ahead overall, but M1 Finance may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
M1 Finance
3.2/5
Choose M1 Finance if you want…
- Tighter spreads (from 0 pips)
- No per-trade commission
- More market types (2)
- Free withdrawals
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- No minimum deposit
- Higher leverage (up to 1:5)
- More regulatory licences (2)
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 M1 Finance & Kraken are available in
Frequently Asked Questions
1Is M1 Finance better than Kraken?
Kraken scores higher overall on our independent rating system. M1 Finance holds a 3.2/5 rating vs Kraken's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, M1 Finance or Kraken?
M1 Finance offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for M1 Finance vs Kraken?
M1 Finance requires a minimum deposit of $100. Kraken requires $0.
4Which broker is safer, M1 Finance or Kraken?
M1 Finance is regulated by SEC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do M1 Finance and Kraken support?
M1 Finance supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both M1 Finance and Kraken?
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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