NAB Trade vs Kraken 2026: Which Broker is Better?
Compare NAB Trade and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
NAB Trade
Kraken
| NAB Trade | Kraken | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | ASIC | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 2.8/5 on BrokerRank's independent rating. On fees, NAB Trade offers lower spreads (0 pips).
See full side-by-side comparison belowNAB Trade vs Kraken: Key Differences
NAB Trade
Kraken
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Fees Comparison
NAB Trade
Lower feesKraken
BrokerRank Verdict
NAB Trade scores 2.76/5 while Kraken scores 4.35/5 in our independent rating.
Kraken edges ahead overall, but NAB Trade 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?
NAB Trade
2.8/5
Choose NAB Trade if you want…
- Tighter spreads (from 0 pips)
- More market types (2)
- More established (est. 1858)
- Free withdrawals
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- 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 NAB Trade & Kraken are available in
Frequently Asked Questions
1Is NAB Trade better than Kraken?
Kraken scores higher overall on our independent rating system. NAB Trade holds a 2.8/5 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, NAB Trade or Kraken?
NAB Trade 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 NAB Trade vs Kraken?
NAB Trade requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, NAB Trade or Kraken?
NAB Trade is regulated by ASIC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do NAB Trade and Kraken support?
NAB Trade supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both NAB Trade and Kraken?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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BrokerRank Research
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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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