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.
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OKX
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Kraken
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OKX, established in 2017, is a respected cryptocurrency firm offering a wide range of products, including trading and NFTs. Traders have access to over 400 crypto tokens through OTC trading and derivatives. With a strong web platform, developer tools, and advanced charts, OKX is a popular choice for technical traders. | Kraken is a top cryptocurrency exchange with its own trading platform and over 450 crypto tokens. It offers transparent leverage with clear fees, plus an intuitive app that some of our team personally use for real-money trading and have found transfers smooth without issues. | |
| Instruments | Spot, Futures, Swaps, Options, X-Perps | Cryptos, xStocks, Pre-IPO Perpetual Futures |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | 10 USDT | $10 |
| Trading Platforms | AlgoTrader, Quantower | Kraken App, Kraken Pro, Kraken Futures, AlgoTrader, Quantower |
| Payment Methods | Apple Pay, Banxa, Bitcoin Payments, Credit Card, Ethereum Payments, Google Wallet, Mastercard, PayPal, Simplex, Visa, Wire Transfer | ACH Transfer, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Etana, Ethereum Payments, Google Wallet, PayID, Wire Transfer |
| Minimum Trade | Variable | Variable |
| Regulator | FinCEN, VARA | FINTRAC, AUSTRAC, CySEC, CBI |
| Account Currencies | USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR | USD, EUR, GBP, CAD, AUD, JPY, CHF |
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| Mobile Apps | Android & iOS | ✓ |
| App Review | We tested Kraken with a live account and found it easy to use, especially compared with Binance. You can explore tokens, manage your portfolio, and buy, sell, convert, or set recurring buys through the '+' icon in the bottom menu. 2FA and biometric login support secure access. It also offers a way to seek potential prop funding from the app. | |
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| Margin Trading | ✓ | ✓ |
| AI / Machine Learning | ✓ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✗ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✓ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | ✓ | Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin |
| Copy Trading | ✗ | ✗ |
| Social Trading | ✗ | ✗ |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $0 |
| Islamic Account | ✗ | ✗ |
Cryptocurrency Trading | ||
OKX provides an excellent range of over 400 tokens including Bitcoin and Ripple. You can purchase and sell tokens or engage in margin trading through perpetual swaps, options, and futures. OKX is renowned for its low costs, extensive token selection, and swift cryptocurrency transactions. | 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 | Variable | 0-0.26% average |
| Crypto Coins | 1INCH, AAVE, ACA, ACE, ACH, ADA, AERGO, AEVO, AGLD, AIXBT, ALCX, ALGO, ALPHA, AMP, ANIME, APE, API3, APT, AR, ARB, ARG, ARKM, ARTY, ASTR, ATH, ATOM, AUCTION, AVAX, AXS, BABY, BABYDOGE, BADGER, BAL, BANANA, BAND, BAT, BCH, BERA, BICO, BIGTIME, BIO, BLUR, BNB, BNT, BOME, BONE, BONK, BORA, BSV, BTC, BTT, CAT, CATI, CELO, CELR, CETUS, CFG, CFX, CHZ, CITY, CLV, COMP, CORE, CRO, CRV, CSPR, CTC, CTXC, CVC, CVX, CXT, DAI, DAO, DASH, DEGEN, DEP, DGB, DIA, DOGE, DOGS, DOT, DUCK, DYDX, EGLD, EIGEN, ELF, ELON, ENA, ENJ, ENS, EOS, ERN, ETC, ETH, ETHFI, ETHW, EURC, FET, FIL, FLM, FLOKI, FLOW, FLR, FLUID, FORTH, FXS, G, GALA, GAS, GEAR, GHST, GLM, GLMR, GMT, GOAT, GODS, GOG, GRT, HBAR, HMSTR, ICP, ICX, ID, ILV, IMX, INJ, IOST, IOTA, IP, IQ, JASMY, JOE, JST, JTO, JUP, KAIA, KAITO, KAS, KDA, KNC, KSM, LAT, LAYER, LDO, LEO, LINK, LOOKS, LPT, LQTY, LRC, LSK, LTC, LUNA, LUNC, MAGIC, MAJOR, MANA, MASK, MDT, MEME, MEMEFI, MENGO, MERL, METIS, MEW, MINA, MKR, MLN, MOODENG, MORPHO, MOVE, MOVR, NAVX, NC, NEAR, NEIRO, NEO, NMR, NOT, NULS, OAS, OKB, OKT, OL, OM, OMI, ONDO, ONE, ONT, OP, ORBS, ORDI, OXT, PARTI, PENDLE, PENGU, PEOPLE, PEPE, PERP, PHA, PI, PIXELS, PNUT, POL, POLYDOGE, POR, PRCL, PRQ, PSTAKE, PYTH, QTUM, RACA, RADAR, RAY, RENDER, RIO, RON, RPL, RSR, RSS3, RVN, SAFE, SAMO, SAND, SATS, SC, SCR, SD, SEI, SHIB, SKL, SLP, SNT, SNX, SOL, SONIC, SPURS, SSV, STETH, STORJ, STRK, STX, SUI, SUSHI, SWEAT, SWFTC, T, TAO, THETA, TIA, TON, TRB, TRUMP, TRX, TURBO, TWT, UMA, UNI, USDC, USDT, USTC, VET, VIRTUAL, W, WBTC, WIF, WLD, WOO, XCH, XEM, XLM, XMR, XRP, XTZ, YFI, ZEC, ZEN, ZK, ZRO | 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 | ✗ | ✗ |