Side-by-Side Comparison Independent Updated Jun 15, 2026
OP Markets vs Kraken 2026: Which Broker is Better?
Compare OP Markets and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
OP Markets
Kraken
VS
| OP Markets | Kraken | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.5/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | Finanssivalvonta | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, OP-mobiili | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
OP MarketsKraken
Best for Low Fees
OP MarketsKraken
Best for Regulation
KrakenOP Markets
Best Overall
KrakenOP Markets
Quick Answer
Kraken is the better choice overall, scoring 4.5/5 vs 3.1/5 on BrokerRank's independent rating. On fees, OP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowOP Markets vs Kraken: Key Differences
Feature
OP Markets
Kraken
WinnerOur Rating
3.1 / 5
4.5 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0.2 pips
Commission
$0.17/lot
$0.16/lot
Platforms
Proprietary Web, Proprietary Mobile, OP-mobiili
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices
Crypto
Founded
1902
2011
Headquarters
Helsinki, Finland
San Francisco, USA
Score
1 / 4
3 / 4
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Find my matchFees Comparison
Fee
OP Markets
Lower feesKraken
Spread From
0 pips
0.2 pips
Commission
$0.17/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5
BrokerRank Verdict
OP Markets scores 3.06/5 while Kraken scores 4.52/5 in our independent rating.
Kraken edges ahead overall, but OP Markets 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?
OP Markets
3.1/5
Choose OP Markets if you want…
- Tighter spreads (from 0 pips)
- More market types (3)
- More established (est. 1902)
- Free withdrawals
Kraken
4.5/5
Choose Kraken if you want…
- Higher overall rating (4.5/5)
- 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.
Frequently Asked Questions
1Is OP Markets better than Kraken?
Kraken scores higher overall on our independent rating system. OP Markets holds a 3.1/5 rating vs Kraken's 4.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, OP Markets or Kraken?
OP Markets 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 OP Markets vs Kraken?
OP Markets requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, OP Markets or Kraken?
OP Markets is regulated by Finanssivalvonta, while Kraken holds licences from FCA, CFTC.
5What trading platforms do OP Markets and Kraken support?
OP Markets supports Proprietary Web, Proprietary Mobile, OP-mobiili. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both OP Markets 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Kraken
Capital at risk · T&Cs apply