Sanlam iTrade vs Kraken 2026: Which Broker is Better?
Compare Sanlam iTrade and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Sanlam iTrade
Kraken
| Sanlam iTrade | 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 | FSB, JSE | FCA, CFTC |
| Platforms | Sanlam iTrade Platform, Sanlam App | 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, Sanlam iTrade offers lower spreads (0 pips).
See full side-by-side comparison belowSanlam iTrade vs Kraken: Key Differences
Sanlam iTrade
Kraken
WinnerStill deciding between Sanlam iTrade and Kraken?
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Fees Comparison
Sanlam iTrade
Lower feesKraken
BrokerRank Verdict
Sanlam iTrade scores 3.08/5 while Kraken scores 4.35/5 in our independent rating.
Kraken edges ahead overall, but Sanlam iTrade 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?
Sanlam iTrade
3.1/5
Choose Sanlam iTrade if you want…
- Tighter spreads (from 0 pips)
- More market types (4)
- More established (est. 2000)
- Free withdrawals
Kraken
4.3/5
Choose Kraken if you want…
- Higher overall rating (4.3/5)
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 Sanlam iTrade & Kraken are available in
Frequently Asked Questions
1Is Sanlam iTrade better than Kraken?
Kraken scores higher overall on our independent rating system. Sanlam iTrade 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, Sanlam iTrade or Kraken?
Sanlam iTrade 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 Sanlam iTrade vs Kraken?
Sanlam iTrade requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, Sanlam iTrade or Kraken?
Sanlam iTrade is regulated by FSB, JSE, while Kraken holds licences from FCA, CFTC.
5What trading platforms do Sanlam iTrade and Kraken support?
Sanlam iTrade supports Sanlam iTrade Platform, Sanlam App. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both Sanlam iTrade 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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