Independent reviews of UK brokers since 1996

Kraken vs Coinbase

Kraken or Coinbase – which is better for UK traders 2026? Compare Kraken and Coinbase in this detailed breakdown of their platforms, features and fees.

Kraken vs Coinbase Comparison Table 2026
Kraken Coinbase
3.9
3.5
Kraken is ranked #4 among crypto brokers. Coinbase is ranked #13 among crypto brokers.
Visit Kraken Visit Coinbase
Kraken excels as a top cryptocurrency exchange, offering a unique trading platform and access to over 600 crypto tokens. It provides leverage of up to 5 times for spot trading with consistent fees and up to 50 times on futures. Founded in 2012 to enable Bitcoin trading via bank transfer, Coinbase has grown into a major crypto firm. It now supports over 240 assets, offers advanced retail trading platforms, is listed on Nasdaq and holds multiple regulatory licences. In May 2025, it became the first crypto company to join the S&P 500, strengthening its standing.

This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.

Pros
  • 3D secure is necessary.
  • Kraken, through Payward, obtained VARA approval in the UAE, allowing it to provide Dirham funding and trading pairs to local clients.
  • Kraken allows accredited US investors to lock cash and stablecoins for 3 to 18 months, earning fixed APY of up to 7%.
  • Kraken Pro offers perpetual futures via a CFTC-regulated venue.
  • Kraken Pro offers competitive trading fees.
  • Coinbase Advanced now integrates TradingView, a feature uncommon among crypto platforms. This allows traders to access spot and futures markets directly via real-time charts while utilising robust technical analysis tools.
  • Coinbase has partnered with Chainlink DataLink to offer premium exchange data on-chain, such as spot prices, order books, and futures data, enhancing DeFi pricing and risk management.
  • Coinbase provides AI-powered trading tools, including Coinbase Advisor and Coinbase for Agents, which links client accounts to AI models such as ChatGPT to execute trades and manage transfers within set limits.
  • Users can seamlessly channel their salary into USDC or alternative cryptocurrencies. The daily deposit limit is now increased to $200,000.
  • Platforms cater to all traders. Beginners might opt for the straightforward Coinbase app. Meanwhile, Advanced Trade offers reduced fees and professional-grade tools.
  • Coinbase offers support for over 240 cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The platform also provides early access to newly listed altcoins like $Trump, enabling traders to engage with emerging tokens.
  • In 2025, Coinbase Advanced expanded its trading options with new futures products. These include Ripple (XRP), Natural Gas (NGS), and Cardano (ADA). This enhancement offers traders accessible methods to trade, hedge, or diversify their portfolios.
  • As a Nasdaq-listed entity, Coinbase adheres to stringent financial regulations and holds licences in the US, UK, and Europe. Its security measures feature FDIC insurance for USD balances up to $250,000 and implement two-factor authentication (2FA).
Cons
  • Delayed verification for Pro accounts.
  • Insider data breach and extortion event impacting customer information in April 2026.
  • Limited support for newer altcoins.
  • Slow processing times
  • Minimal leverage in spot trading.
  • Customer support during testing is frustrating, as most assistance options require a login. This complicates matters for traders who are locked out or do not have an account, as they struggle to access help.
  • The research tools available are inadequate. Advanced Trade offers TradingView charts, yet it is missing critical features such as news feeds, economic calendars, and AI-driven market insights.
  • Faced regulatory action, including a €21.46m CBI fine on Coinbase Europe Limited in November 2025 for AML/CFT failures involving over 30m unmonitored transactions.
  • Tests show that crypto fees are high, particularly when compared to competitors such as Kraken and BitMEX. This is especially true on the standard trading platform.
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Cryptos, Pre-IPO Perpetual Futures, Tokenized Stocks Crypto, Stocks, ETFs (US only), Pre-IPO Perpetual Futures (non-US), Tokenized Stocks
Demo Account
Yes No
Minimum Deposit
$10 $0
Payment Methods
Minimum Trade
Variable $2
Regulator
FINTRAC, AUSTRAC, CySEC, CBI, FCA CSSF, CBI, CySEC, BaFin, MAS, OSC, ASIC, BMA
Mobile Apps
iOS & Android iOS & Android
Trading App
We tested Kraken with a live account and found it intuitive, particularly against rivals such as Binance. From the ‘+’ icon, users can explore tokens, manage portfolios, and buy, sell, convert or schedule recurring purchases in a few taps. Two-factor authentication and biometric login support secure access. It is also one of few crypto apps offering a route to potential proprietary funding. Coinbase boasts an intuitive, frequently updated app that mirrors the desktop experience. It ensures speed and reliability, catering to traders with advanced features, real-time market analysis, staking rewards, secure portfolio management, and education incentives, all secured by stringent regulatory compliance. However, Android user ratings highlight that the interface lags behind the Apple version, citing user experience and notification issues.
iOS App Rating
4.7 4.7
Android App Rating
4.2 4
Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin Algo trading via Coinbase Advanced API
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
No No
Account Currencies
  • AUD
  • CAD
  • CHF
  • EUR
  • GBP
  • JPY
  • USD
  • EUR
  • USD
Cryptocurrency
Kraken is a dedicated cryptocurrency exchange offering over 600 digital currencies, encompassing major coins like Bitcoin and various altcoins. Traders can access spot markets with 1:5 leverage or futures at 1:50. The platform is intuitive, with competitive fees. Coinbase offers an excellent trading platform for cryptocurrency enthusiasts. It supports more than 240 digital assets, ranging from Bitcoin to new altcoins. The platform, enhanced by TradingView, provides traders with advanced charting options and comprehensive market data.
Spread
0-0.26% average 0.5% - 1% (BTC)
Coins
  • AAVE
  • ADA
  • ALGO
  • ANT
  • ATOM
  • BAL
  • BAT
  • BCH
  • BNB
  • COMP
  • CRV
  • DAI
  • DASH
  • DOT
  • EOS
  • ETC
  • ETH
  • EWT
  • FIL
  • FLOW
  • GNO
  • GRT
  • ICX
  • KAVA
  • KEEP
  • KNC
  • KSM
  • LINK
  • LSK
  • LTC
  • MANA
  • MLN
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • QTUM
  • REP
  • REPV2
  • SC
  • SNX
  • STORJ
  • TBTC
  • TRX
  • UNI
  • USDC
  • USDT
  • WAVES
  • XBT
  • XDG
  • XLM
  • XMR
  • XRP
  • XTZ
  • YFI
  • ZEC
  • 1INCH
  • AAVE
  • ACH
  • ADA
  • AGLD
  • ALCX
  • ALGO
  • AMP
  • ANKR
  • APE
  • API3
  • APT
  • ARB
  • ASM
  • ASTR
  • ATOM
  • AUDIO
  • AVAX
  • AXS
  • BAL
  • BAND
  • BAT
  • BCH
  • BICO
  • BLUR
  • BONK
  • BTC
  • BTRST
  • CELO
  • CELR
  • CHZ
  • CLV
  • COMP
  • COTI
  • CRV
  • CTSI
  • CVC
  • DAI
  • DASH
  • DESO
  • DIA
  • DOGE
  • DOT
  • EGLD
  • ENA
  • ENJ
  • ENS
  • EOS
  • ETC
  • ETH
  • FARM
  • FET
  • FIL
  • FIS
  • FLOW
  • FORTH
  • FTM
  • FXS
  • GAL
  • GODS
  • GRT
  • GTC
  • HBAR
  • ICP
  • IMX
  • INJ
  • JASMY
  • JTO
  • JUP
  • KNC
  • KSM
  • LDO
  • LINK
  • LPT
  • LRC
  • LTC
  • MAGIC
  • MANA
  • MASK
  • MATH
  • METIS
  • MINA
  • MKR
  • MPL
  • NEAR
  • NMR
  • ONDO
  • OP
  • OXT
  • PEPE
  • PERP
  • POL
  • POLS
  • QNT
  • QUICK
  • RAD
  • RAI
  • RARE
  • RBN
  • RENDER
  • REPV2
  • RLY
  • ROSE
  • RPL
  • RSR
  • SAFE
  • SAND
  • SEI
  • SHIB
  • SKL
  • SNX
  • SOL
  • SPELL
  • STORJ
  • STX
  • SUI
  • SUSHI
  • TIA
  • TIME
  • TRAC
  • TRIBE
  • TRUMP
  • UMA
  • UNI
  • USDC
  • USDT
  • VET
  • VTHO
  • WAMPL
  • WBTC
  • WIF
  • WLD
  • XLM
  • XRP
  • YFI
  • YFII
  • ZEC
  • ZEN
  • ZRX
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
Yes Yes
Auto Market Maker
No No
Kraken Coinbase
Visit Kraken Visit Coinbase
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.