ThinkMarkets
Kraken
VS
Higher Rated
ThinkMarkets
Capital at risk · T&Cs apply
Choosing between ThinkMarkets and Kraken depends on your trading style, preferred markets, and budget. ThinkMarkets is headquartered in London, UK, while Kraken operates from San Francisco, USA. ThinkMarkets has the longer track record, established in 2010, compared to Kraken which was founded in 2011. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ThinkMarkets
Kraken
| ThinkMarkets | Kraken | |
|---|---|---|
| BrokerRank Score | 3.9/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | FCA, ASIC | FCA, CFTC |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile |
ThinkMarkets is the better choice overall, scoring 3.9/5 vs 3.4/5 on BrokerRank's independent rating. On fees, ThinkMarkets offers lower spreads (0 pips).
See full side-by-side comparison belowThinkMarkets
WinnerKraken
ThinkMarkets
Lower feesKraken
ThinkMarkets holds licences from FCA, ASIC. Kraken is regulated by FCA, CFTC.
ThinkMarkets additionally covers Forex, Cfd, Stocks, Indices, Commodities. Kraken adds Crypto.
On spreads, ThinkMarkets is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.2 pips at Kraken.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Kraken offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
ThinkMarkets requires no minimum deposit, while Kraken sets no minimum deposit. This makes ThinkMarkets accessible to traders with any budget.
BrokerRank scores ThinkMarkets at 3.92/5 and Kraken at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ThinkMarkets leads overall with a clear advantage.
ThinkMarkets
3.9/5
Choose ThinkMarkets if you want…
Kraken
3.4/5
Choose Kraken if you want…
Similar strengths to ThinkMarkets — compare below.
ThinkMarkets scores higher overall on our independent rating system. ThinkMarkets holds a 3.9/5 rating vs Kraken's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
ThinkMarkets offers spreads from 0 pips, while Kraken starts at 0.2 pips. Check the fees section above for a full breakdown.
ThinkMarkets requires a minimum deposit of $0. Kraken requires $0.
ThinkMarkets is regulated by FCA, ASIC, while Kraken holds licences from FCA, CFTC.
ThinkMarkets supports MT4, MT5, Proprietary Web, Proprietary Mobile. Kraken supports Proprietary Web, Proprietary Mobile.
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.