Two different models clash: Fusion Markets offers ECN crypto CFDs via MT4/MT5 while Kraken runs a native crypto exchange. The tension centers on security, regulation, and asset depth.
Kraken edges Fusion Markets in editorial score due to broader regulatory footprint and broader coin exposure. Fusion Markets remains competitive on cost parameters and negative balance protection.
Find out which crypto exchange best suits your trading profile.
Choose Fusion Markets if…
Choose Fusion Markets if you want ASIC regulation with negative balance protection and low ECN crypto CFD commissions.
Choose Kraken if…
Choose Kraken if you want a native crypto exchange with about 200 coins and quarterly proof of reserves.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Kraken wins for security because of a long track record, proofs of reserves, and segregated client funds.
| Criteria | ||
|---|---|---|
| Editorial score | 3.8/ 5 | 4.6/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | 0 pips | N/A |
| Taker Fee | 4.50% | 0.26%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | Fusion Markets | Kraken |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Fail | Fail |
Kraken rates 4.6/5 versus 3.8/5 for Fusion Markets. Kraken edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
Fusion Markets lists a spread from 0. Current spread data is not available for Kraken. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither Fusion Markets nor Kraken requires a minimum deposit, making both accessible regardless of starting capital.
Fusion Markets holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. Kraken may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, Fusion Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
Fusion Markets offers up to 2:1 on perpetual or margin products, versus Kraken's 5:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Kraken charges $0.26 per trade, lower than Fusion Markets's $4.5 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
Fusion Markets supports cTrader, MetaTrader 5, MetaTrader 4, while Kraken supports Kraken Pro. Fusion Markets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Kraken has exclusive access to Kraken Pro.
Kraken offers staking while Fusion Markets does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Kraken's supported coins, lock-up terms, and estimated yields before committing.
Kraken wins for low fees with 0.00% maker fees at volume and no deposit or inactivity fees.
Fusion Markets wins for beginners due to zero minimum deposit and protective features.
Kraken offers staking and yield-earning options while Fusion Markets does not, making Kraken the better choice for holders who want to earn passive income on their crypto.
Kraken wins for DeFi & Web3 through staking availability and native platform access.
| 0.45 pips |
| N/A |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | CryptoBank transferWire transfer |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPayPal | CryptoBank transferWire transfer |
|---|
| Withdrawal Fee | Free | Network fee only |
|---|
| Regulators | ASIC VFSC | FCA NYDFS MiCA FinCEN |
|---|
| Cold Storage | No | Yes |
|---|
| Proof of Reserves | No | Yes |
|---|
| Staking | No | Yes |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | None | 2 offers |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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