SelfWealth vs Kraken 2026: Which Broker is Better?
Compare SelfWealth and Kraken side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
SelfWealth
Kraken
| SelfWealth | Kraken | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 4.3/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:1 | 1:5 ✓ |
| Regulation | ASIC | FCA, CFTC ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Kraken is the better choice overall, scoring 4.3/5 vs 2.8/5 on BrokerRank's independent rating. On fees, SelfWealth offers lower spreads (0 pips).
See full side-by-side comparison belowSelfWealth vs Kraken: Key Differences
SelfWealth
Kraken
WinnerStill deciding between SelfWealth and Kraken?
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Fees Comparison
SelfWealth
Lower feesKraken
BrokerRank Verdict
SelfWealth scores 2.78/5 while Kraken scores 4.27/5 in our independent rating.
Kraken edges ahead overall, but SelfWealth 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?
SelfWealth
2.8/5
Choose SelfWealth 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)
- Higher leverage (up to 1:5)
- 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 SelfWealth & Kraken are available in
Frequently Asked Questions
1Is SelfWealth better than Kraken?
Kraken scores higher overall on our independent rating system. SelfWealth holds a 2.8/5 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, SelfWealth or Kraken?
SelfWealth 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 SelfWealth vs Kraken?
SelfWealth requires a minimum deposit of $0. Kraken requires $0.
4Which broker is safer, SelfWealth or Kraken?
SelfWealth is regulated by ASIC, while Kraken holds licences from FCA, CFTC.
5What trading platforms do SelfWealth and Kraken support?
SelfWealth supports Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
6Can I use both SelfWealth 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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