Plus500 vs Kraken 2026: Which Broker is Better?
Choosing between Plus500 and Kraken depends on your trading style, preferred markets, and budget. Plus500 is headquartered in Haifa, Israel, while Kraken operates from San Francisco, USA. Plus500 has the longer track record, established in 2008, 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.
Plus500
Kraken
80% of retail CFD accounts lose money.
Plus500 offers CFDs only — CFDs on forex, indices, stocks, commodities & crypto. You trade on price movements and do not own the underlying assets. Maximum leverage up to 1:30 for retail clients; additional fees may apply.
| Plus500 | Kraken | |
|---|---|---|
| BrokerRank Score | 4.0/5 | 4.3/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:30 ✓ | 1:5 |
| Regulation | FCA, CySEC, ASIC ✓ | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowPlus500 vs Kraken: Key Differences
Plus500
Kraken
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Fees Comparison
Plus500
Lower feesKraken
Regulation & Trust
Plus500 holds licences from FCA, ASIC, MAS. Kraken is regulated by FCA, CFTC.
Markets & Assets
Plus500 additionally covers Cfd, Forex, Stocks, Indices, Commodities. Kraken adds Crypto.
Fees & Spreads
On spreads, Kraken is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at Plus500.
Trading Platforms
Plus500 supports Proprietary Web, Proprietary Mobile. Kraken offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
Plus500 requires a minimum deposit of $100, while Kraken sets no minimum deposit. This makes Kraken accessible to traders with any budget.
Overall Ratings
BrokerRank scores Plus500 at 3.98/5 and Kraken at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Plus500 leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Plus500
4.0/5
Choose Plus500 if you want…
- No per-trade commission
- Higher leverage (up to 1:30)
- More regulatory licences (4)
- More market types (6)
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- Tighter spreads (from 0.2 pips)
- No minimum deposit
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 Plus500 & Kraken are available in
Frequently Asked Questions
1Is Plus500 better than Kraken?
Kraken scores higher overall on our independent rating system. Plus500 holds a 4.0/5 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, Plus500 or Kraken?
Plus500 offers spreads from 0.6 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Plus500 vs Kraken?
Plus500 requires a minimum deposit of $100. Kraken requires $0.
4Which broker is safer, Plus500 or Kraken?
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Plus500 and Kraken support?
Plus500 supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Plus500 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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