Kraken vs IG
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for Kraken and IG, side by side, across the categories that decide your costs and safety.
Who Wins?
IG wins on overall score (4.4/5 vs 4.2/5). Kraken is the pick if you value security-conscious investors; choose IG if you value experienced traders. The tables below show where each actually wins.
Who this is for: Kraken suits traders who prioritise security-conscious investors; IG suits traders who prioritise experienced traders.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between Kraken and IG.
Pros & Cons
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
Pros
- 50+ years established
- Publicly traded (FTSE 250)
- 17,000+ markets
- Excellent research
- Advanced ProRealTime charts
Cons
- Higher minimum deposit
- Inactivity fees
- Complex fee structure
Which Broker Should You Choose?
If you:
- Security-conscious investors
- US traders
- Long-term holders
- Staking enthusiasts
Kraken vs IG: FAQ
Which is better, Kraken or IG?
Overall, Kraken scores 4.2/5 and IG scores 4.4/5. The right pick depends on what you value: Kraken for security-conscious investors, IG for experienced traders.
Which is cheaper, Kraken or IG?
On our fees score, Kraken is 4.2/5 and IG is 3.8/5. Kraken advertises spreads from 0.16%, IG from 0.6 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, Kraken or IG?
Kraken holds 2 licence(s), including FinCEN, FCA. IG holds 4 licence(s), including FCA, ASIC, BaFin, NFA/CFTC. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, Kraken or IG?
Kraken offers 200+ Cryptos, IG offers 17,000+. 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.