eToro vs Kraken
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for eToro and Kraken, side by side, across the categories that decide your costs and safety.
Who Wins?
Kraken wins on overall score (4.2/5 vs 4/5). eToro is the pick if you value social traders; choose Kraken if you value security-conscious investors. The tables below show where each actually wins.
Who this is for: eToro suits traders who prioritise social traders; Kraken suits traders who prioritise security-conscious investors.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between eToro and Kraken.
Pros & Cons
Pros
- Industry-leading copy trading (CopyTrader)
- Low minimum deposit of $50
- Commission-free stock trading
- User-friendly mobile app
- Large social community of 30M+ users
Cons
- $5 withdrawal fee
- Spreads higher than traditional brokers
- Limited advanced charting tools
- Proprietary platform only (no MT4/MT5)
Pros
- Industry-leading security (never hacked)
- Proof of reserves audits
- Strong regulatory compliance (US-based)
- Competitive fees with volume discounts
- Staking available for 15+ assets
Cons
- Fewer altcoins than Binance
- Higher fees than some competitors
- Limited margin trading options
- Interface less intuitive for beginners
Which Broker Should You Choose?
If you:
- Security-conscious investors
- US traders
- Long-term holders
- Staking enthusiasts
eToro vs Kraken: FAQ
Which is better, eToro or Kraken?
Overall, eToro scores 4/5 and Kraken scores 4.2/5. The right pick depends on what you value: eToro for social traders, Kraken for security-conscious investors.
Which is cheaper, eToro or Kraken?
On our fees score, eToro is 3.5/5 and Kraken is 4.2/5. eToro advertises spreads from 1.0 pips, Kraken from 0.16%. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, eToro or Kraken?
eToro holds 3 licence(s), including FCA, ASIC, CySEC. Kraken holds 2 licence(s), including FinCEN, FCA. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, eToro or Kraken?
eToro offers 3,000+, Kraken offers 200+ Cryptos. Choose the range that covers what you actually trade.
Calculate Your Trading Costs
Use our free tools to compare broker costs and calculate position sizes before you trade.
Other Broker Matchups
Trading Terms Explained
New to some of the jargon in this comparison? These explainers cover the concepts that decide your costs and risk.