FxProvs
KrakenCrypto Exchange Comparison
Two venues compete on crypto access, regulation, and platform breadth. FxPro offers CFDs across four platforms, while Kraken provides a native exchange experience with broader crypto reach.
Our Verdict
Kraken winsClear Winner
Kraken outperforms FxPro on editorial score, posting 4.6 versus 3.9. This higher rating secures Kraken as the editorial winner in this comparison.
Kraken
4.6/5
FxPro
3.9/5
Key Differences
- 1Kraken is a native exchange, FxPro is CFD only.
- 2Kraken provides proof of reserves; FxPro does not.
- 3FxPro has top-tier regulator status; Kraken does not.
Who should choose FxPro vs Kraken?
Find out which crypto exchange best suits your trading profile.
Choose FxPro if…
Choose FxPro for regulated crypto CFDs across MT4, MT5, and cTrader. It also offers FSCS protection for UK clients and requires no minimum deposit.
Choose Kraken if…
Choose Kraken for a native crypto exchange with broad coin access. It provides proof of reserves and holds client funds in segregated accounts.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
Kraken wins for security, with a no-hack track record and quarterly proof of reserves.
Best for low fees
Recommended
FxPro vs Kraken: Side-by-Side Crypto Exchange Comparison
| Criteria |  FxPro |  Kraken |
|---|---|---|
| Editorial score | 3.9/ 5 | 4.6/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 1.2 pips | N/A |
| Taker Fee | 7.00% | 0.26%▼ lower |
FxPro vs Kraken Crypto Exchange Pros & Cons
Pros
- All four major platforms (MT4, MT5, cTrader, FXPro Direct) support crypto CFDs
- FCA and CySEC regulated with FSCS protection for UK clients
- No minimum deposit; no inactivity fee on active accounts
- Strong overall multi-asset offering, crypto alongside forex, indices, and commodities
Cons
- Narrow crypto coin selection focused on major pairs only
FxPro vs Kraken: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FxPro
criteria wins
4
Kraken
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FxPro | 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 | Fail | 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 | Pass | Pass |
| Phone support | Pass | Fail |
FxPro vs Kraken: Frequently Asked Questions
Kraken rates 4.6/5 versus 3.9/5 for FxPro. Kraken edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
FxPro lists a spread from 1.2. Current spread data is not available for Kraken. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Kraken has no minimum deposit, while FxPro requires at least $100. This makes Kraken more accessible for traders looking to start with a smaller crypto investment.
FxPro holds top-tier regulation (FCA, FSCA, CySEC), 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, two factors stand out: Kraken has no minimum deposit, removing the capital barrier entirely, and FxPro provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
FxPro 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 FxPro's $7 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.
FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Kraken supports Kraken Pro. FxPro has exclusive access to cTrader and MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4. Kraken has exclusive access to Kraken Pro.
Kraken offers staking while FxPro 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.
