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Side-by-Side Comparison Independent Updated Oct 29, 2026

Questrade vs Kraken 2026: Which Broker is Better?

Compare Questrade and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Questrade

Kraken

VS
QuestradeKraken
BrokerRank Score3.3/54.3/5 ✓
Min. Deposit$1000$0 ✓
Spread from0 pips ✓0.2 pips
Max Leverage1:31:5 ✓
RegulationCIROFCA, CFTC ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenQuestrade
Best for Low Fees
QuestradeKraken
Best for Regulation
KrakenQuestrade
Best Overall
KrakenQuestrade
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Questrade offers lower spreads (0 pips).

See full side-by-side comparison below

Questrade vs Kraken: Key Differences

Feature

Questrade

Kraken

Winner
Our Rating
3.3 / 5
4.3 / 5
Min. Deposit
$1000
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$0.01/lot
$0.16/lot
Regulated By
CIRO
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Stocks, Forex, Indices, Commodities
Crypto
Founded
1999
2011
Headquarters
Toronto, Canada
San Francisco, USA
Score
2 / 5
3 / 5

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Fees Comparison

Fee

Questrade

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$0.01/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

Questrade scores 3.33/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but Questrade 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?

Questrade

Questrade

3.3/5

Choose Questrade if you want…

  • Tighter spreads (from 0 pips)
  • More market types (4)
  • More established (est. 1999)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • No minimum deposit
  • Higher leverage (up to 1:5)
  • More regulatory licences (2)

Also consider

View all rankings

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.

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4.3
FCA
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4.1
FCA
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AvaTrade
4.0
MAS
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Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Questrade & Kraken are available in

Frequently Asked Questions

1

Is Questrade better than Kraken?

Kraken scores higher overall on our independent rating system. Questrade holds a 3.3/5 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.

2

Which has lower fees, Questrade or Kraken?

Questrade offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Questrade vs Kraken?

Questrade requires a minimum deposit of $1000. Kraken requires $0.

4

Which broker is safer, Questrade or Kraken?

Questrade is regulated by CIRO, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Questrade and Kraken support?

Questrade supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Questrade 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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