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

Scope Markets vs Kraken 2026: Which Broker is Better?

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

Scope Markets

Kraken

Higher ratedKraken logo

Kraken

4.3/ 5
Visit Kraken →Full review
VS
Scope MarketsKraken
BrokerRank Score3.0/54.3/5 ✓
Min. Deposit$10$0 ✓
Spread from0.6 pips0.2 pips ✓
Max Leverage1:500 ✓1:5
RegulationCMA, FSCFCA, CFTC
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
KrakenScope Markets
Best for Low Fees
KrakenScope Markets
Best for Regulation
Scope MarketsKraken
Best Overall
KrakenScope Markets
Quick Answer

Kraken is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Kraken offers lower spreads (0.2 pips).

See full side-by-side comparison below

Scope Markets vs Kraken: Key Differences

Feature

Scope Markets

Kraken

Winner
Our Rating
3.0 / 5
4.3 / 5
Min. Deposit
$10
$0
Max Leverage
Spread From
0.6 pips
0.2 pips
Commission
None
$0.16/lot
Regulated By
CMAFSC
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Crypto
Founded
2015
2011
Headquarters
Nairobi, Kenya
San Francisco, USA
Score
1 / 5
4 / 5

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Fees Comparison

Fee

Scope Markets

Lower fees

Kraken

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

BrokerRank Verdict

Scope Markets scores 3.04/5 while Kraken scores 4.35/5 in our independent rating.

Kraken edges ahead overall, but Scope Markets 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?

Scope Markets

Scope Markets

3.0/5

Choose Scope Markets if you want…

  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More market types (5)
  • Free withdrawals
Kraken

Kraken

4.3/5

Top pick

Choose Kraken if you want…

  • Higher overall rating (4.3/5)
  • Tighter spreads (from 0.2 pips)
  • No minimum deposit
  • More established (est. 2011)

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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ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Scope Markets & Kraken are available in

Frequently Asked Questions

1

Is Scope Markets better than Kraken?

Kraken scores higher overall on our independent rating system. Scope Markets holds a 3.0/5 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, Scope Markets or Kraken?

Scope Markets offers spreads from 0.6 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Scope Markets vs Kraken?

Scope Markets requires a minimum deposit of $10. Kraken requires $0.

4

Which broker is safer, Scope Markets or Kraken?

Scope Markets is regulated by CMA, FSC, while Kraken holds licences from FCA, CFTC.

5

What trading platforms do Scope Markets and Kraken support?

Scope Markets supports MT4, MT5. Kraken supports Proprietary Web, Proprietary Mobile.

6

Can I use both Scope Markets 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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