Updated October 1, 2026 · BrokerCue Editorial Team
Afranga vs Kraken
Afranga vs Kraken: the differences
| Compare |  Afranga |  Kraken |
|---|---|---|
| Minimum deposit | €10 | $1 |
| Regulators | Financial Supervision Commission of Bulgaria | Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI) |
| Investor protection | None: not covered by any deposit guarantee scheme or investor compensation scheme | EU ICS up to EUR 20,000 |
| Deposit and withdrawal fees | Depositing money Free; Withdrawing money Free | Free bank deposits, card 3.75% + 0.25 |
| Stock trade fee | Not confirmed | $0 |
| Account fee | €0 | Not confirmed |
| Markets | Not confirmed | Stocks, ETFs, Forex, Crypto, Futures |
| Platforms | Not confirmed | Kraken App, Kraken Pro, Kraken Desktop, Kraken Wallet |
| Maximum retail leverage | Not confirmed | Up to 10x |
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Key differences
- Afranga scores higher overall: 9.3 vs 9.2.
- Regulators: only Afranga offers Financial Supervision Commission of Bulgaria.
- Regulators: only Kraken offers Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority.
- Kraken is licensed in 1 more country.
- Pricing model: only Afranga offers Low fees.
- Pricing model: only Kraken offers Commission free.
- Audience: only Kraken offers Experienced.
Our verdict on each
Afranga
Afranga suits beginners who want a small entry point and a published target range on business lending. Charges of €0 and Depositing money Free; Withdrawing money Free keep running costs light, though 8% to 16% is a target rather than a promise and investor protection is listed as none.
Kraken
Kraken suits beginners and experienced investors who want stocks, ETFs and crypto together through app and desktop access. Stock dealing is priced at $0 with entry at $1 and funding terms shown as Free bank deposits, card 3.75% + 0.25 for cost planning across small balance accounts.
Score breakdown
| Area | Afranga | Kraken |
|---|---|---|
| Cost | 10.0HigherAccount fee is €0 and Depositing money Free; Withdrawing money Free shows both directions are free. | 9.3Stock dealing is priced at $0 with entry at $1. |
| Offer | 9.5HigherTarget return of 8% to 16% tops Fingood's 10% to 12.9%, a secondary market is available and minimum investment is €10. | 9.0Coverage spans stocks, ETFs and forex accessed through Kraken App, Kraken Pro and Kraken Desktop. |
| Trust | 8.7Licensed under 863/12.09.2023, with no deposit guarantee or investor compensation scheme behind the money. | 9.3HigherRegisters cite 1010381 and 31000270997766. |
How they place
| Ranking | Afranga | Kraken |
|---|---|---|
| Brokers for beginners | 9 of 88 | 10 of 88 |
Availability and regulation
| Country | Afranga | Kraken |
|---|---|---|
| Bulgaria | Financial Supervision Commission of Bulgaria 863/12.09.2023 | Not confirmed |
| Ireland | Not confirmed | Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 IE_CBI PSD_EMI IE_CBI!C453020 |
| United States | Not confirmed | SIPC SIPC member 71030 |
Choosing between them
Pick Afranga if cost and offer matter most.
Pick Kraken if trust matter most.
Sources behind this comparison
Afranga
- afranga.com: 10 facts, checked October 1, 2026
- fsc.bg: 1 fact, checked October 1, 2026
Kraken
- kraken.com: 9 facts, checked September 28, 2026
- support.kraken.com: 2 facts, checked September 28, 2026
Every fact side by side
| Fact | Afranga | Kraken |
|---|---|---|
| Features | Not confirmed | Crypto, Mobile app |
| Pricing model | Low fees | Commission free |
| Audience | Beginners | Beginners, ExperiencedCovers more |
| Legal entity | Afranga EOOD | Not confirmed |
| Headquarters | Bulgaria | Not confirmed |
| Founded | 2021 | Not confirmed |
| Support channels | Email, Phone, Help centre, Community | Not confirmed |
Where each stands against the rest
| Fact | Afranga | Kraken | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | €0at the median | Not confirmed | €0 |
Median across 81 listed brokers.
Pros and cons
Afranga
Pros
- The account fee is €0, so holding an account is free.
- Cash handling costs nothing either way: Depositing money Free; Withdrawing money Free.
- Minimum investment of €10 is the lowest of the 6 brands ranked on it, at position 1.
Cons
- There is no buyback guarantee, so a loan that goes unpaid stays on your books.
- Investor protection is listed as none, so a default on a loan you funded comes straight out of your own pocket.
- Afranga publishes a target return of 8% to 16%, while Fingood's 10% to 12.9% gives you a tighter band to plan around.
Kraken
Pros
- Stock trades priced at $0 within a model shown as commission free.
- Entry at $1, below $50 at eToro for smaller starting balances.
- Coverage spans stocks, ETFs and forex, pairing stocks and ETFs with crypto and futures.
Cons
- Support runs on help centre only, without phone or live chat help found at many rivals.
- Card funding terms run Free bank deposits, card 3.75% + 0.25, which adds cost next to bank transfer options.
- Entry at $1 sits above $0 at ActivTrades and €0 at XTB for tight budgets.
Who each suits
Afranga
Who it suits
- Beginners putting a small first amount into business loans rather than trying it with a large sum.
- Investors who want the 8% to 16% target range without an account fee eating into it.
- Anyone comfortable that the money sits outside any deposit guarantee or investor compensation scheme.
Who should look elsewhere
- Fingood, if you would rather plan around a narrower return band of 10% to 12.9% than the wider 8% to 16% Afranga publishes.
- Anyone who relies on live chat, since support runs on email, phone, help centre and 1 more.
Kraken
Who it suits
- You want stocks plus crypto in stocks, ETFs and forex in a single login rather than an equity only account at XTB.
- You want app led dealing through Kraken App, Kraken Pro and Kraken Desktop with modest entry at $1 rather than higher entry at eToro at $50.
Who should look elsewhere
- You want phone or chat help rather than help centre only, consider XTB or ActivTrades for wider contact choice.
- You want the lowest cash entry rather than $1, consider ActivTrades at $0 or XTB at €0.
Country by country
| Country | Afranga | Kraken |
|---|---|---|
| Austria | Yes | No |
| Belgium | Yes | No |
| Bulgaria | Yes | No |
| Croatia | Yes | No |
| Cyprus | Yes | No |
| Czechia | Yes | No |
| Denmark | Yes | No |
| Estonia | Yes | No |
8 of 31 countries where either is available.
Questions about each
Afranga
How much does it cost to hold an account with Afranga?+
The account fee is €0, so holding an account is free. Most of the brands listed also charge nothing, though the highest account fee in the group reaches €348.65. Afranga sits with the majority rather than against them.
Does it cost anything to move money in or out?+
Depositing money is free and withdrawing money is free, so Depositing money Free; Withdrawing money Free applies to both sides. That means a small starting balance can be topped up or taken out without a charge eating into it, which matters more when your minimum is €10.
Kraken
What does Kraken charge for stock trades+
Stock dealing is priced at $0 and Kraken describes its model as commission free. Bank funding is framed separately as Free bank deposits, card 3.75% + 0.25, so card use adds cost while bank transfer terms remain distinct. Check the fee schedule before placing orders.
What is the minimum deposit to open an account+
Account entry is set at $1. That level sits below $50 at eToro, yet above $0 at ActivTrades and €0 at XTB. It keeps starting balances modest while leaving room for funding charges.