Updated October 12, 2026 · BrokerCue Editorial Team
Kraken vs willbe
Where Kraken and willbe differ
| Compare |  Kraken |  willbe |
|---|---|---|
| Minimum deposit | $1 | €200 |
| Markets | Stocks, ETFs, Forex, Crypto, Futures | ETFs, Funds, Metals |
| Deposit and withdrawal fees | Free bank deposits, card 3.75% + 0.25 | Free same-currency deposits and withdrawals |
| Platforms | Kraken App, Kraken Pro, Kraken Desktop, Kraken Wallet | Willbe app |
| Stock trade fee | $0 | Not confirmed |
| Regulators | Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI) | Not confirmed |
| Investor protection | EU ICS up to EUR 20,000 | Not confirmed |
| Currency conversion fee | Not confirmed | 0.3% |
| Maximum retail leverage | Up to 10x | Not confirmed |
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Key differences
- Markets: only Kraken offers Stocks, Forex, Crypto.
- Markets: only willbe offers Funds, Metals.
- Platforms: only Kraken offers Kraken App, Kraken Pro, Kraken Desktop.
- Platforms: only willbe offers Willbe app.
- Features: only Kraken offers Crypto.
- Pricing model: only Kraken offers Commission free.
- Pricing model: only willbe offers Low fees.
- Audience: only Kraken offers Experienced.
Our verdict on each
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.
willbe
willbe pairs phone based saving in nine currencies with ETF, fund, stock and gold investing from Liechtenstein. For savers who want cash style balances and market holdings in one app, it gives a clear starting point for steady long term plans.
Score breakdown
| Area | Kraken | willbe |
|---|---|---|
| Cost | 9.3HigherStock dealing is priced at $0 with entry at $1. | 8.9 |
| Offer | 9.0HigherCoverage spans stocks, ETFs and forex accessed through Kraken App, Kraken Pro and Kraken Desktop. | 8.9 |
| Trust | 9.3Registers cite 1010381 and 31000270997766. | 9.9Higher |
Where each is licensed and available
| Country | Kraken | willbe |
|---|---|---|
| Ireland | Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 IE_CBI PSD_EMI IE_CBI!C453020 | Not confirmed |
| United States | SIPC SIPC member 71030 | Not confirmed |
How they place
| Ranking | Kraken | willbe |
|---|---|---|
| Stock and ETF brokers | 16 of 491 | 36 of 491 |
| Brokers for beginners | 8 of 88 | 11 of 88 |
Every fact side by side
| Fact | Kraken | willbe |
|---|---|---|
| Features | Crypto, Mobile appCovers more | Mobile app |
| Pricing model | Commission free | Low fees |
| Audience | Beginners, ExperiencedCovers more | Beginners |
| Legal entity | Not confirmed | Liechtensteinische Landesbank AG |
| Headquarters | Not confirmed | Liechtenstein |
| Founded | Not confirmed | 1861 |
| Support channels | Not confirmed | Email, Phone, Help centre |
Robo-advisors
| Fact | Kraken | willbe |
|---|---|---|
| Management fee | Not confirmed | 0.49% |
| Minimum investment | Not confirmed | €200 |
| Portfolio types | Not confirmed | ETF, ESG, Cash |
Where each stands against the rest
| Fact | Kraken | willbe | Median |
|---|---|---|---|
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Currency conversion fee | Not confirmed | 0.3%below the median | 0.4% |
Median across 81 listed brokers.
Pros and cons
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.
willbe
Pros
- One app covers saving alongside ETF, stock and gold investing
- Nine currency balances support everyday spending and saving abroad
- Physical gold option adds a tangible stability element
Cons
- Phone led service focused on app use alone
- Learning material such as the blog is offered in German only
- ETF and fund choice centres on a set savings plan range
Who each suits
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.
willbe
Who it suits
- Phone led savers who like currency choice and gold
- Long term planners who prefer steady diversification
Who should look elsewhere
- Readers who want desktop software or in person advice
- Readers who want English language guides and blogs
Current offers
willbe
Current offer
First period offer
Download the app and save 3 months of fees: 3 months of fees free
Source, checked September 26, 2026
Questions about each
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.
willbe
Where is willbe based and who is behind it?+
willbe is the finance app from Liechtenstein. It comes from Liechtensteinische Landesbank and brings saving and investing together in one app for long term building of assets. Liechtenstein gives direct access to the EEA and is noted for a balanced national budget and an AAA standing.
How does the willbe app work?+
You manage saving and investing through the willbe app on your phone. You can hold cash style balances, run a savings plan and view gold, ETF, stock and managed options side by side. The layout keeps everyday balances and long term holdings in one clear view.
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