Kraken vs PrimeXBT

Kraken or PrimeXBT – which is better for UK traders 2025? Compare Kraken and PrimeXBT in this detailed breakdown of their platforms, features and fees.

Kraken vs PrimeXBT Comparison Table 2025
Kraken PrimeXBT
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3.9
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4.1
Kraken is ranked #35 among crypto brokers. PrimeXBT is ranked #30 among CFD brokers.
Kraken is a top cryptocurrency exchange featuring a specialised trading platform and over 220 cryptocurrency tokens. Traders can access up to 1:5 leverage for spot trading with consistent rollover fees, and up to 1:50 for futures trading. The platform additionally offers crypto staking and hosts an engaging NFT marketplace. PrimeXBT is a multi-asset platform providing leveraged trading across forex, indices, commodities, and cryptocurrencies. Established in 2018, it now boasts over 1 million users from upwards of 150 countries. Offering copy trading, low commissions, and no minimum deposit, this broker is a favoured choice for those new to crypto trading.
Pros
  • Has maintained an excellent security history with no breaches over the past ten years since inception.
  • An impressive selection of over 220 well-established cryptocurrencies.
  • NFT marketplace and crypto staking offered for traders.
  • Excellent trading platform and mobile app.
  • Kraken Pro offers competitive trading fees.
  • 50x leverage on futures trading
  • Minimum deposit requirement is only $10.
  • 3D secure is necessary.
  • Mobile investing
  • Crypto staking
  • The online platform and app cater to traders, offering advanced charts, a customisable interface, and multiple order options like one-cancels-the-other (OCO).
  • Trading fees for crypto futures contracts are quite competitive, with maker fees at 0.01% and taker fees at 0.02%.
  • PrimeXBT offers ultra-fast execution speeds, averaging 7.12ms, making it an ideal choice for traders seeking optimal pricing during market volatility.
  • Round-the-clock customer support, accessible through live chat, demonstrated outstanding performance during testing. Additionally, the comprehensive help centre offers ideal self-assistance resources.
  • PrimeXBT has introduced new trading options with the addition of tokens such as 1Inch, Aave, and Injective for exchange and investment.
Cons
  • Delayed verification for Pro accounts.
  • Limited support for newer altcoins.
  • Minimal leverage in spot trading.
  • Does not accept deposits in traditional currency.
  • Slow processing times
  • Despite enhancements, the range of approximately 100 instruments lags significantly behind competitors, such as OKX, which offers over 400 assets.
  • PrimeXBT operates widely in the crypto sector but without approval from a recognised regulator, significantly increasing the risk for retail traders.
  • The absence of integration with established platforms such as MT4 restricts traders accustomed to the globally popular forex software.
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
Cryptos CFDs, Cryptos, Forex, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Mobile Apps
Yes iOS & Android
iOS App Rating
rating empty
rating full
4.7
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4.6
Android App Rating
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rating full
4.2
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rating full
3.8
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes No
OmniTrader
No No
TradingView
No No
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 No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin Yes
Copy Trading
No Yes
Copy Trading Platform
PrimeXBT provides an effective trading service that allows traders to emulate the strategies of others using both free and premium signals. After identifying a suitable strategy provider, you can easily begin by selecting 'follow'.
Social Trading
No Yes
Trade Signals
No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Oil
  • Silver
  • Natural Gas
  • Copper
  • Zinc
CFD
PrimeXBT provides CFDs in four asset classes with leverage reaching 1:1000. Novices can benefit from the broker’s technical analysis guides and CFD education. Additionally, 24/7 live chat support is available on the platform.
Leverage
1:1000
FTSE Spread
Variable
GBPUSD Spread<
Variable
Oil Spread
Variable
Stocks Spread
Variable
Forex
PrimeXBT provides trading services for more than 50 major, minor, and exotic currency pairs, with the benefit of margin trading and no commission fees. Our recent assessments show the platform to be fast, dependable, and well-equipped, featuring three chart types, ten timeframes, and 91 technical indicators. This makes it ideal for those employing active trading strategies.
Assets
45+
GBPUSD Spread
Variable
EURUSD Spread
0.1
EURGBP Spread
Variable
Cryptocurrency
Kraken is a dedicated crypto exchange offering over 220 cryptocurrencies, including major tokens like Bitcoin and various altcoins. Traders can engage in spot markets with leverage of up to 5:1, or in futures markets with leverage up to 50:1. The platform provides low fees and is highly user-friendly. Traders can engage in the speculation of popular cryptocurrencies with commissions starting at just 0.05% and leverage reaching up to 1:200. Furthermore, the broker enhances its portfolio by launching crypto futures and hosting trading contests that offer tangible prizes.
Spread
0-0.26% average 0.05% BTC, 0.05% ETH
Coins
  • AAVE
  • ALGO
  • ANT
  • REP
  • REPV2
  • BAT
  • BAL
  • XBT
  • BCH
  • ADA
  • LINK
  • COMP
  • ATOM
  • CRV
  • DAI
  • DASH
  • MANA
  • XDG
  • EWT
  • EOS
  • ETH
  • ETC
  • FIL
  • FLOW
  • GNO
  • ICX
  • KAVA
  • KEEP
  • KSM
  • KNC
  • LSK
  • LTC
  • MLN
  • XMR
  • NANO
  • OCEAN
  • OMG
  • OXT
  • PAXG
  • DOT
  • QTUM
  • XRP
  • SC
  • XLM
  • STORJ
  • SNX
  • TBTC
  • USDT
  • XTZ
  • GRT
  • TRX
  • UNI
  • USDC
  • WAVES
  • YFI
  • ZEC
  • BNB
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Kraken PrimeXBT
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