coinish.
☰

Brokers

Forex brokersCFD brokersStock brokers & appsCrypto exchangesTrading appsAll brokers A–Z

Countries

United StatesUnited KingdomGermanyNetherlandsAustraliaUnited Arab EmiratesCanadaItalySpainAustriaCroatiaSerbiaSwedenPortugalDenmarkIndonesiaFinlandCyprusJapan
RegulatorsBrokers by Market SignalIs my broker regulated?
Kraken logo

Kraken review

4 licensed entities · kraken.com

✓ Checked Oct 15, 2026

Coinish Score

75/100

Crypto in United Kingdom

Editor Rating

4.0/5

Crypto in United Kingdom

Best rank

2 of 5

Crypto in the United Kingdom

Trading fee

0.8%

In short

  • Licensed by CBI, CSA and FCA.
  • Registered with AUSTRAC in Australia.
  • 4 licensed companies, so the one you sign up with depends on where you live.
  • Offers crypto, futures.
  • Trade on Kraken app, Kraken Pro and Kraken Desktop.
  • Support by live chat and email.

Cryptoassets are highly volatile and largely unregulated in some countries. You could lose all the money you invest, and you may not be protected by a compensation scheme.

What it costs

Crypto trading fee0.8%, base-tier taker fee on the order book
Inactivity feeNone
Withdrawal feeNot verified yet
Minimum deposit€1 (Payward Europe Solutions Limited)
4.0/5

How we rated it · Crypto in United Kingdom (Payward Ltd)

Computed from verified facts only, with published thresholds. 95% of the rating weight is backed by data. Method →

  • Regulation & safety 25%
    4.3
  • Trading costs 25%
    3.5
  • Markets & products 15%
    4.0
  • Platforms & tools 10%
    4.5
  • Deposits & withdrawals 10%
    4.5
  • Account options 5%
    not scored
  • Support 10%
    4.0

71

Strong

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about Kraken’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

81

Where it stands today

Momentum

33 Cooling ↓

Where it’s heading

Data confidence

Medium

How much to trust it

  • Traffic strength
    79
  • Search visibility
    81
  • Authority
    83
  • Brand & market presence
    84

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

EntityRegulatorLicenceServesCFD loss %
Payward Europe Solutions LimitedCBI
Tier 1
MiCA CASP · LEI 254900641D8KNHUZYX24Ireland, Austria, Belgium, BG, Cyprus, CZ, Germany, Denmark, EE, Spain, Finland, France, GR, Croatia, HU, IS, Italy, LI, LT, LU, LV, MT, Netherlands, Norway, Poland, Portugal, Romania, Sweden, SI, SK
listed in the regulator's register
–
Payward Canada Inc.CSA
Tier 1
CSA decision (April 1, 2025)Canada
listed in the regulator's register
–
Payward LtdFCA
Tier 1
928768United Kingdom
inferred from the licence
–
Bit Trade Pty LimitedAUSTRAC
Tier 2
ABN 42163237634Australia
listed in the regulator's register
–

Platforms, funding and support

ProductsCrypto, Futures
OwnerPayward, Inc.
InstrumentsNot verified yet
PlatformsKraken app, Kraken Pro, Kraken Desktop
Deposit methodsDebit/credit card, Apple Pay, Google Pay, ACH transfer
Withdrawal time (stated)most arrive within 24 hours
Demo accountNot verified yet
Supportlive chat, email · 24/7

Kraken ratings by country (14)

We rate Kraken separately on each of the 14 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

CountryProductEntityAccessRating
United KingdomCryptoPayward LtdLocally licensed4.0/5
GermanyCryptoPayward Europe Solutions LimitedEU passport4.0/5
NetherlandsCryptoPayward Europe Solutions LimitedEU passport4.0/5
CanadaCryptoPayward Canada Inc.Locally licensed4.0/5
ItalyCryptoPayward Europe Solutions LimitedEU passport4.0/5
SpainCryptoPayward Europe Solutions LimitedEU passport4.0/5
AustriaCryptoPayward Europe Solutions LimitedEU passport4.0/5
CroatiaCryptoPayward Europe Solutions LimitedEU passport4.0/5
SwedenCryptoPayward Europe Solutions LimitedEU passport4.0/5
PortugalCryptoPayward Europe Solutions LimitedEU passport4.0/5
DenmarkCryptoPayward Europe Solutions LimitedEU passport4.0/5
FinlandCryptoPayward Europe Solutions LimitedEU passport4.0/5
CyprusCryptoPayward Europe Solutions LimitedEU passport4.0/5
AustraliaCryptoBit Trade Pty LimitedRegistered locally3.8/5

Compare Kraken

How Kraken stacks up against the brokers people most often weigh it against.

Kraken vs CoinbaseKraken vs BinanceKraken vs Crypto.comKraken vs OKXKraken vs BybitKraken vs BitvavoKraken vs RobinhoodKraken vs BitpandaKraken vs CoinSpotKraken vs eToroKraken vs KuCoinKraken vs BitstampKraken vs BitgetKraken alternatives

Ready to look at Kraken? Check which company would serve you before you open an account.

Visit Kraken

Sources (18)

  1. Licence / entity · regulator register · esma.europa.eu · Oct 6, 2026

    “ESMA interim MiCA register (authorised CASPs): Payward Europe Solutions Limited, LEI 254900641D8KNHUZYX24, competent authority Central Bank of Ireland (CBI) (IE), authorised 25/06/2025; cross-border services notified for 30 member states”

  2. Licence / entity · regulator register · archived copy of securities-administrators.ca · Sep 17, 2025

    “Payward Canada Inc. (Kraken) Crypto Asset Trading Platform Decision (April 1, 2025)”

  3. Costs · broker's own site · kraken.com · Oct 6, 2026

    “Tier 1 $0+ N/A 0.40 % 0.80 %”

  4. Markets · broker's own site · kraken.com · Oct 6, 2026

    “Real-time prices and market data for 200+ cryptocurrencies on Kraken”

  5. Platforms · broker's own site · kraken.com · Oct 6, 2026

    “Kraken Pro”

  6. Platforms · broker's own site · kraken.com · Oct 6, 2026

    “Desktop”

  7. apiTrading · broker's own site · kraken.com · Oct 6, 2026

    “Spot & futures, via API”

  8. Support · broker's own site · kraken.com · Oct 12, 2026

    “Send us a message 24/7”

  9. Support · broker's own site · kraken.com · Oct 12, 2026

    “submit a request through one of our support forms and our team will get back to you by email with personalized help.”

  10. Licence / entity · broker's own site · kraken.com · Oct 13, 2026

    “Payward Ltd (trading as Kraken) is registered with the FCA as a cryptoasset firm pursuant to the Money Laundering Regulations 2017 (FRN: 928768)”

  11. Licence / entity · regulator register · online.apps.austrac.gov.au · Oct 13, 2026

    “BIT TRADE PTY LIMITED ... KRAKEN DIGITAL ASSET EXCHANGE ... 42163237634”

  12. Owner · broker's own site · kraken.com · Oct 13, 2026

    “a wholly owned subsidiary of Payward, Inc.”

  13. Funding · broker's own site · kraken.com · Oct 6, 2026

    “such as using a credit/debit card, Apple Pay/Google Pay ACH transfer”

  14. apps · broker's own site · apps.apple.com · Oct 14, 2026

    “Payward, Inc.”

  15. apps · broker's own site · play.google.com · Oct 14, 2026

    “Payward, Inc.”

  16. Costs · broker's own site · support.kraken.com · Oct 14, 2026

    “We do not charge fees for the following: • Transferring funds to and from the Futures wallet • Storing funds • Account inactivity”

  17. Funding · broker's own site · kraken.com · Oct 14, 2026

    “Most withdrawals arrive within 24 hours”

  18. Licence / entity · broker's own site · support.kraken.com · Oct 15, 2026

    “Deposit method Deposit minimum Deposit fee Processing time Withdrawal hold SEPA SEPA/SEPA Instant (Plaid) 1 EUR free”