Interactive Brokers vs Kraken - BrokerCue
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Broker Comparison

Interactive Brokers vs Kraken

Compare Interactive Brokers and Kraken side by side: fees, regulation, platforms.

Interactive Brokers

Interactive Brokers

Active investors and multi-asset traders

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds andโ€ฆ

VS
Kraken

Kraken

Crypto traders seeking regulated exchange

Kraken is a US-based crypto exchange founded in 2013, offering spot trading across 600+ assets, futures, margโ€ฆ

Head-to-head comparison

Interactive Brokers vs Kraken
Feature Interactive Brokers Kraken
Minimum deposit - -
Stock trading fee - -
Regulators SEC, CFTC, FINRA, FCA, CBI, ASIC, SEBI, MAS, CIRO FinCEN, FCA, CBI, Wyoming Division of Banking, SEC, FINRA
Best for Active investors and multi-asset traders Crypto traders seeking regulated exchange
Markets & account
Stocks
ETFs
Forex
-
Crypto
Bonds
-
Options
-
Futures
Funds
-
Fractional Shares
-
Investment Plans
-
Margin
Multi Currency
Demo Account
-

Pros & cons

Interactive Brokers

Interactive Brokers

Pros

  • $0 Lite commissions on US stocks and ETFs
  • IBKR Pro stocks from USD 0.0005 per share
  • US options from USD 0.15 per contract
  • Margin loans start at USD 4.14%
  • Cash interest up to USD 3.14%
  • No inactivity fees
  • No minimums for general investment accounts
  • Paper trading with simulated funds

Cons

  • IBKR Pro stocks cost up to USD 0.0035 per share
  • IBKR Lite stock orders include PFOF
  • US options cost up to USD 0.65 per contract
  • Crypto execution and custody are for eligible clients
  • Forecast contracts are limited to eligible clients
Kraken

Kraken

Pros

  • Regulated by FinCEN, FCA, and MiCA (Central Bank of Ireland)
  • 600+ tradable crypto assets
  • Spot trading starts at 0.25% maker / 0.40% taker, falling to 0.00% maker / 0.05% taker at the highest volume tier
  • No inactivity fee
  • Futures trading with 0.02% maker / 0.05% taker base fee
  • Staking available with no transaction fee to stake or unstake
  • Up to 10x leverage on spot margin (selected assets), up to 50x on perpetual futures
  • Tokenized US stocks and ETFs available via xStocks in eligible regions

Cons

  • No demo account
  • Crypto withdrawal fees are dynamic and can rise with network congestion
  • Margin rollover fees (0.01%-0.05% per 4 hours) accumulate quickly on open positions
  • xStocks (tokenized stocks) not available in all jurisdictions
  • Standard Kraken platform has higher fees than Kraken Pro
  • Fiat deposit and withdrawal fees vary by method and can be significant for bank wire
Interactive Brokers

Interactive Brokers

Interactive Brokers is a multi-asset broker with stocks, ETFs, options, futures, currencies, bonds, funds and crypto across web, mobile and desktop platforms.

Your capital is at risk. Other fees apply.

Kraken

Kraken

Kraken is a US-based crypto exchange founded in 2013, offering spot trading across 600+ assets, futures, margin, staking, and tokenized equities via xStocks in eligible regions.

Your capital is at risk. Other fees apply.

Not the right match?

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