Plus500
Kraken
VS
Higher Rated
Plus500
Capital at risk · T&Cs apply
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
| Plus500 | Kraken | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:300 ✓ | 1:5 |
| Regulation | FCA, CySEC, ASIC ✓ | FCA, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Plus500 is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).
See full side-by-side comparison belowPlus500
WinnerKraken
Plus500
Lower feesKraken
Plus500 holds licences from FCA, ASIC, MAS. Kraken is regulated by FCA, CFTC.
Plus500 additionally covers Cfd, Forex, Stocks, Indices, Commodities. Kraken adds Crypto.
On spreads, Kraken is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at Plus500.
Plus500 supports Proprietary Web, Proprietary Mobile. Kraken offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Plus500 requires a minimum deposit of $100, while Kraken sets no minimum deposit. This makes Kraken accessible to traders with any budget.
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.
Plus500
4.0/5
Choose Plus500 if you want…
Kraken
3.4/5
Choose Kraken if you want…
Plus500 scores higher overall on our independent rating system. Plus500 holds a 4.0/5 rating vs Kraken's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Plus500 offers spreads from 0.6 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
Plus500 requires a minimum deposit of $100. Kraken requires $0.
Plus500 is regulated by FCA, CySEC, ASIC, MAS, while Kraken holds licences from FCA, CFTC.
Plus500 supports Proprietary Web, Proprietary Mobile. 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.