NordFX vs Kraken 2026: Which Broker is Better?
Compare NordFX and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
NordFX
Kraken
| NordFX | Kraken | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 4.3/5 ✓ |
| Min. Deposit | $10 | $0 ✓ |
| Spread from | 0.9 pips | 0.2 pips ✓ |
| Max Leverage | 1:1000 ✓ | 1:5 |
| Regulation | FSA | FCA, CFTC ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowNordFX vs Kraken: Key Differences
NordFX
Kraken
WinnerStill deciding between NordFX and Kraken?
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Fees Comparison
NordFX
Lower feesKraken
BrokerRank Verdict
NordFX scores 2.94/5 while Kraken scores 4.35/5 in our independent rating.
Kraken edges ahead overall, but NordFX 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?
NordFX
2.9/5
Choose NordFX if you want…
- No per-trade commission
- Higher leverage (up to 1:1000)
- More market types (5)
- More established (est. 2008)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- Tighter spreads (from 0.2 pips)
- No minimum deposit
- 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 NordFX & Kraken are available in
Frequently Asked Questions
1Is NordFX better than Kraken?
Kraken scores higher overall on our independent rating system. NordFX holds a 2.9/5 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, NordFX or Kraken?
NordFX offers spreads from 0.9 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for NordFX vs Kraken?
NordFX requires a minimum deposit of $10. Kraken requires $0.
4Which broker is safer, NordFX or Kraken?
NordFX is regulated by FSA, while Kraken holds licences from FCA, CFTC.
5What trading platforms do NordFX and Kraken support?
NordFX supports MT4, MT5. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both NordFX 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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BrokerRank Research
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71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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