Monex
Kraken
VS
Compare
Monex
Capital at risk · T&Cs apply
Choosing between Monex and Kraken depends on your trading style, preferred markets, and budget. Monex is headquartered in Tokyo, Japan, while Kraken operates from San Francisco, USA. Monex has the longer track record, established in 1999, 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.
Monex
Kraken
| Monex | Kraken | |
|---|---|---|
| BrokerRank Score | 3.4/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:3 | 1:5 ✓ |
| Regulation | FSA, SEC | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, TradeStation JP | Proprietary Web, Proprietary Mobile |
Monex (3.4/5) and Kraken (3.4/5) are closely matched. Monex has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowMonex
Kraken
WinnerMonex
Lower feesKraken
Monex holds licences from SEC, FSA. Kraken is regulated by FCA, CFTC.
Both brokers offer access to Crypto markets. Monex additionally covers Stocks, Etf, Forex.
On spreads, Monex is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Kraken offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Monex requires no minimum deposit, while Kraken sets no minimum deposit. This makes Monex accessible to traders with any budget.
BrokerRank scores Monex at 3.42/5 and Kraken at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Monex leads overall with a marginal advantage.
Monex
3.4/5
Choose Monex if you want…
Kraken
3.4/5
Choose Kraken if you want…
Monex (3.4/5) and Kraken (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
Monex offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Monex requires a minimum deposit of $0. Kraken requires $0.
Monex is regulated by FSA, SEC, while Kraken holds licences from FCA, CFTC.
Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP. Kraken 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.