Updated September 29, 2026 · BrokerCue Editorial Team
Finhabits vs Kraken
Where Finhabits and Kraken differ
| Compare |  Finhabits |  Kraken |
|---|---|---|
| Minimum deposit | $0Lower | $1 |
| Markets | Stocks, ETFs | Stocks, ETFs, Forex, Crypto, FuturesCovers more |
| Regulators | U.S. Securities and Exchange Commission (SEC) | Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Stock trade fee | Not confirmed | $0 |
| Account fee | $120 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | Free bank deposits, card 3.75% + 0.25 |
| Platforms | Not confirmed | Kraken App, Kraken Pro, Kraken Desktop, Kraken Wallet |
| Account types | IRA, Roth IRA | Not confirmed |
| Maximum retail leverage | Not confirmed | Up to 10x |
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Key differences
- Kraken scores higher overall: 9.2 vs 8.5.
- Regulators: only Finhabits offers U.S. Securities and Exchange Commission (SEC).
- Regulators: only Kraken offers Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority.
- Kraken is licensed in 1 more country.
- Minimum deposit is lower at Finhabits: $0 vs $1.
- Markets: only Kraken offers Forex, Crypto, Futures.
- Features: only Kraken offers Crypto.
- Audience: only Kraken offers Experienced.
Our verdict on each
Finhabits
Finhabits is a US robo-advisor built for beginners, opening at a minimum deposit of $0 and running managed stocks and etfs portfolios under US regulation. The trade-off is the $120 account fee, which sits on top of the 1% management fee.
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 | Finhabits | Kraken |
|---|---|---|
| Cost | 8.1Management fee of 1% against a 0.35% median here, plus an account fee of $120 and a minimum deposit of $0. | 9.3HigherStock dealing is priced at $0 with entry at $1. |
| Offer | 8.9 | 9.0HigherCoverage spans stocks, ETFs and forex accessed through Kraken App, Kraken Pro and Kraken Desktop. |
| Trust | 8.7 | 9.3HigherRegisters cite 1010381 and 31000270997766. |
Where each is licensed and available
| Country | Finhabits | Kraken |
|---|---|---|
| United States | SIPC SIPC member 71030 | |
| Ireland | Not confirmed | Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 IE_CBI PSD_EMI IE_CBI!C453020 |
What we checked
Finhabits
- finhabits.com: 9 facts, checked September 26, 2026
- finder.com: 1 fact, checked September 26, 2026
- flexoffers.com: 1 fact, checked September 26, 2026
Kraken
- kraken.com: 9 facts, checked September 28, 2026
- support.kraken.com: 2 facts, checked September 28, 2026
How they place
| Ranking | Finhabits | Kraken |
|---|---|---|
| Stock and ETF brokers | 213 of 471 | 21 of 471 |
| Brokers for beginners | 62 of 88 | 10 of 88 |
Every fact side by side
| Fact | Finhabits | Kraken |
|---|---|---|
| Features | Mobile app | Crypto, Mobile appCovers more |
| Pricing model | Not confirmed | Commission free |
| Audience | Beginners | Beginners, ExperiencedCovers more |
| Legal entity | Finhabits, Inc. | Not confirmed |
| Headquarters | United States | Not confirmed |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Finhabits | Kraken | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $1below the median | $25 |
| Stock trade fee | Not confirmed | $0at the median | $0 |
| Account fee | $120highest quarter | Not confirmed | $0 |
Median across 134 listed brokers.
Pros and cons
Finhabits
Pros
- Regulated by the U.S. Securities and Exchange Commission, with investor protection listed as SIPC up to USD 500,000.
- Support runs on email, phone and help centre, so help is easy to reach.
- The portfolio build is etf focused, with picks made for you across stocks and etfs.
Cons
- The $120 account fee is the sting, sitting on top of the 1% management fee.
- The range is limited to stocks and etfs, so there is no wider asset choice.
- Account types come down to ira and roth ira options at a brand based in the United States.
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
Finhabits
Who it suits
- US beginners, since the service is built for beginners.
- Savers who want the holdings chosen for them across stocks and etfs.
- People already investing for retirement, matching the ira and roth ira list.
Who should look elsewhere
- Readers who want to pay nothing on management can start with eToro, where the fee is 0%.
- Anyone after a wider fee band should look at Vivid Standard, at 0.5% to 1.5%.
- Investors who treat the protection scheme as the deciding factor can also check Axos Invest, which names SIPC.
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 | Finhabits | Kraken |
|---|---|---|
| United States | Yes | No |
Questions about each
Finhabits
What does Finhabits cost to run an account?+
Finhabits charges a management fee of 1% on the portfolio and an account fee of $120. The account fee is the part to watch, since it is a flat charge on top of the percentage. The median management fee across the robo-advisors compared here is 0.35%.
How much do I need to put in before I can start?+
The minimum deposit is $0, so there is no floor to clear before saving begins. Accounts come as ira and roth ira options, which decides the wrapper you hold. The listed feature is mobile app, so the app is the main way in.
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.
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