Rakuten Trade vs Kraken 2026: Which Broker is Better?
Compare Rakuten Trade and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Rakuten Trade
Kraken
| Rakuten Trade | Kraken | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:5 | 1:5 |
| Regulation | SC | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Rakuten Trade offers lower spreads (0 pips).
See full side-by-side comparison belowRakuten Trade vs Kraken: Key Differences
Rakuten Trade
Kraken
Still deciding between Rakuten Trade and Kraken?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
Rakuten Trade
Lower feesKraken
BrokerRank Verdict
Rakuten Trade scores 3.06/5 while Kraken scores 4.27/5 in our independent rating.
Kraken edges ahead overall, but Rakuten Trade 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?
Rakuten Trade
3.1/5
Choose Rakuten Trade if you want…
- Tighter spreads (from 0 pips)
- More market types (2)
- Free withdrawals
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
- More regulatory licences (2)
- More established (est. 2011)
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 Rakuten Trade & Kraken are available in
Frequently Asked Questions
1Is Rakuten Trade better than Kraken?
Kraken scores higher overall on our independent rating system. Rakuten Trade holds a 3.1/5 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, Rakuten Trade or Kraken?
Rakuten Trade 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 Rakuten Trade vs Kraken?
Rakuten Trade requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, Rakuten Trade or Kraken?
Rakuten Trade is regulated by SC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Rakuten Trade and Kraken support?
Rakuten Trade supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Rakuten Trade 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.
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