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Side-by-Side Comparison Independent Updated Oct 28, 2026

Santander Broker vs Kraken 2026: Which Broker is Better?

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

Santander Broker

Kraken

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
Santander BrokerKraken
BrokerRank Score3.1/54.3/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.2 pips
Max Leverage1:51:5
RegulationCNMV, Banco de EspañaFCA, CFTC
PlatformsProprietary Web, Proprietary Mobile, Santander BrokerProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
Santander BrokerKraken
Best for Low Fees
Santander BrokerKraken
Best for Regulation
Santander BrokerKraken
Best Overall
KrakenSantander Broker
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Santander Broker offers lower spreads (0 pips).

See full side-by-side comparison below

Santander Broker vs Kraken: Key Differences

Feature

Santander Broker

Kraken

Winner
Our Rating
3.1 / 5
4.3 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.2 pips
Commission
$3.95/lot
$0.16/lot
Regulated By
CNMVBanco de España
Platforms
Proprietary Web, Proprietary Mobile, Santander Broker
Proprietary Web, Proprietary Mobile
Markets
Stocks, Etf, Indices
Crypto
Founded
1857
2011
Headquarters
Santander, Spain
San Francisco, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

Santander Broker

Lower fees

Kraken

Spread From
0 pips
0.2 pips
Commission
$3.95/lot
$0.16/lot
Deposit Fee
None
None
Withdrawal Fee
None
$1.5

BrokerRank Verdict

Santander Broker scores 3.15/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but Santander Broker 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?

Santander Broker

Santander Broker

3.1/5

Choose Santander Broker if you want…

  • Tighter spreads (from 0 pips)
  • More market types (3)
  • More established (est. 1857)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)

Also consider

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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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80% of retail CFD accounts lose money.

Both Santander Broker & Kraken are available in

Frequently Asked Questions

1

Is Santander Broker better than Kraken?

Kraken scores higher overall on our independent rating system. Santander Broker 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.

2

Which has lower fees, Santander Broker or Kraken?

Santander Broker 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 Santander Broker vs Kraken?

Santander Broker requires a minimum deposit of $0. Kraken requires $0.

4

Which broker is safer, Santander Broker or Kraken?

Santander Broker is regulated by CNMV, Banco de España, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Santander Broker and Kraken support?

Santander Broker supports Proprietary Web, Proprietary Mobile, Santander Broker. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Santander Broker 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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