Kraken vs TioMarkets
An in-depth comparison to help you choose the right broker for your trading journey.
Who Wins Each Category?
Our scores for Kraken and TioMarkets, side by side, across the categories that decide your costs and safety.
Who Wins?
Kraken wins on overall score (4.2/5 vs 3.6/5). Kraken is the pick if you value security-conscious investors; choose TioMarkets if you value low-cost forex trading. The tables below show where each actually wins.
Who this is for: Kraken suits traders who prioritise security-conscious investors; TioMarkets suits traders who prioritise low-cost forex trading.
Side-by-Side Comparison
What Actually Differs
The numbers that matter when choosing between Kraken and TioMarkets.
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
- FCA and CySEC dual regulation with FSCS protection up to £85,000
- Raw spreads from 0.0 pips on the Raw account
- Very low $20 minimum deposit for all account types
- VIP Black account with 0.3 pip spreads and zero commission
- Accepts crypto deposits (16+ coins including BTC, ETH, USDT)
- Islamic swap-free accounts available
- Up to 1:500 leverage for non-EU clients
- Free deposits and withdrawals ($20+ minimum)
Cons
- Limited to MetaTrader 4 and 5 - no proprietary platform
- $30/month inactivity fee after 3 months
- 300+ instruments is modest compared to larger brokers
- No social or copy trading features
- Research and education tools are basic
- US clients not accepted
Which Broker Should You Choose?
If you:
- Security-conscious investors
- US traders
- Long-term holders
- Staking enthusiasts
If you:
- Low-cost forex trading
- Traders wanting FCA regulation on a budget
- Crypto deposit users
Kraken vs TioMarkets: FAQ
Which is better, Kraken or TioMarkets?
Overall, Kraken scores 4.2/5 and TioMarkets scores 3.6/5. The right pick depends on what you value: Kraken for security-conscious investors, TioMarkets for low-cost forex trading.
Which is cheaper, Kraken or TioMarkets?
On our fees score, Kraken is 4.2/5 and TioMarkets is 8.5/5. Kraken advertises spreads from 0.16%, TioMarkets from 0.0 pips. Check the fee rows above for the full picture, because headline spreads are not the bill.
Which is safer, Kraken or TioMarkets?
Kraken holds 2 licence(s), including FinCEN, FCA. TioMarkets holds 3 licence(s), including FCA, CySEC, FSA. More Tier 1 regulators means more client protection schemes. Verify any licence at the regulator register before depositing.
Which has more markets, Kraken or TioMarkets?
Kraken offers 200+ Cryptos, TioMarkets offers 300+. 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.