Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
Quick Verdict
Kraken is the winner in this comparison, outperforming Pionex after we recorded hundreds of data points and ran hands-on tests, earning it the higher overall rating and our recommendation.
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Pionex
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Kraken
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Pionex is a platform for cryptocurrency trading. It focuses on trading robots and offers many pre-built bots and strategies. It also features integrated Artificial Intelligence to assist in customizing strategies. Both spot crypto markets and crypto futures can utilize these services. | Kraken is a top cryptocurrency exchange with its own trading platform and over 600 crypto tokens. It offers up to 1:5 leverage with consistent fees on spot trading and up to 1:50 leverage on futures. | |
| Instruments | Cryptos, Perpetual Futures | Cryptos, xStocks, Pre-IPO Perpetual Futures |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $0 | $10 |
| Trading Platforms | Own | AlgoTrader, Quantower |
| Payment Methods | Bitcoin Payments | Bitcoin Payments, Etana, Ethereum Payments, PayID, Wire Transfer |
| Minimum Trade | 0.1 USDT | Variable |
| Regulator | NMLS, CBI, AMF | FINTRAC, AUSTRAC, CySEC, CBI |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF | |
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| Mobile Apps | iOS & Android | ✓ |
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| Margin Trading | ✓ | ✓ |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✓ |
| Auto Trading | Crypto bots | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin |
| Copy Trading | ✓ | ✗ |
| Copy Trading Platform | Pionex users can follow successful traders and replicate their trading bot setups. This feature enables them to trade cryptocurrencies 24/7 via an intuitive platform and app. | |
| Social Trading | ✓ | ✗ |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Islamic Account | ✗ | ✗ |
Cryptocurrency Trading | ||
Trade over 120 cryptocurrencies with spot, future, and leveraged options on Pionex's platform. Use built-in trading bots and customizable automated trading tools. Selected crypto perpetuals offer up to 50x leverage. | is a crypto exchange offering over 600 cryptocurrencies, including major tokens like Bitcoin and altcoins. Traders can trade on spot markets with up to 1:5 leverage or futures with up to 1:50. The platform is easy to use, and fees are low. | |
| Crypto Spread | Market | 0-0.26% average |
| Crypto Coins | BTC, LTC, ETH, BUSD, EOS, BTT, TRX, NFT, DOGE, XRP, HT, ALICE, FIL, DOT, JST, AXS, UNI, AAVE, WIN, SUN, CAKE, LINK, BAKE, BCH, ETC, SNX, TFUEL, ADA, PUNDIX, ICP, MDX, FLOW, DODO, MFT, BSV, MATIC, CSPR, SHIB, ATOM, SUSHI, KEY, PERP, DEGO, DENT, LUNA, BNB, MXC, SXP, SRM, THETA, CTK, O3, ASR, PHA, BEL, FLM, COMP, SAND, PSG, KSM, XLM, BZRX, KLAY, SOC, ACM, ZEC, CHZ, ROSE, JUV, MANA, CRV, CELO, ATA, LINA, HYDRO, DASH, OG, NEO, XCH, ENJ, XMR, BEAM, YFI, SOL, GRT, AION, FTT, CFX, MBL, TT, WRX, RUNE, USDC, VET, XVS, INJ, QTUM, KAVA, MASS, ONT, AKRO, DGB, XTC, NMR, DATA, HNT, SLP, FRONT, NEAR, ALGO, MX, OMG, SEELE, CHR, FET, VTHO, OCEAN, AUCTION, ALPHA, GTC, WOO, REP, OXT, ZKS, EGLD, WAVES, 1INCH, FOR, NANO, IOST, COS, MITH, GXS, ZEN, COTI, AVAX, RSR, AUDIO, SKL, DIA, ZRX, MTA, ELF, COCOS, PAXG, ANT, PNT, WICC, IOTA, FTM, BAND, CKB, BORING, CELR, NEXO, LAMB, CRO, NEST, BTM, OGN, FORTH, YFII, LTO, MASK, STX, BAGS, TRB, ONE, TOMO, WAXP, MKR, SKM, ARPA, NEW, ICX, SWRV, BAL, BTS, RLC, ZIL, XEM, CRE, STORJ, AR, UMA, MBTC, RVN, REN, MIR, STEEM, FIS, BLZ, BAT, HBAR, HPT, BADGER, SNT, CTXC, ANKR, MLN, DCR, KNC, GT, CVC, IRIS, REEF, DAI, VALUE, WNXM, AST, VIDY, POLS, IOTX, LRC, CTSI, NULS, RING, GLM, POND, LOOM, YAM, AE, DF, FIRO, PAX, BIX, UTK, NODE, BNT | AAVE, ALGO, ANT, REP, REPV2, BAT, BAL, XBT, BCH, ADA, LINK, COMP, ATOM, CRV, DAI, DASH, MANA, XDG, EWT, EOS, ETH, ETC, FIL, FLOW, GNO, ICX, KAVA, KEEP, KSM, KNC, LSK, LTC, MLN, XMR, NANO, OCEAN, OMG, OXT, PAXG, DOT, QTUM, XRP, SC, XLM, STORJ, SNX, TBTC, USDT, XTZ, GRT, TRX, UNI, USDC, WAVES, YFI, ZEC, BNB |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✓ |
| Auto Market Maker | ✗ | ✗ |