OKEx vs Kraken

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

OKX vs Kraken Comparison Table 2025
OKX Kraken
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4.1
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3.9
OKX is ranked #3 among crypto brokers. Kraken is ranked #36 among crypto brokers.
OKX, a reputable cryptocurrency company founded in 2017, provides a wide range of products, including mining pools and NFTs. Traders have access to more than 400 crypto tokens through OTC trading and derivatives. The firm features an outstanding web platform, developer tools, and dynamic charts, making it a favoured option for technical traders. 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.
Pros
  • A vast array of blockchain products is available, featuring DeFi services, NFTs, and games, along with over 400 established and emerging cryptocurrencies.
  • In 2025, OKX obtained a MiFID II licence, allowing it to offer regulated derivatives across Europe, ensuring peace of mind for traders.
  • Access a diverse array of trading instruments, such as futures, options, and perpetual swaps, through both mobile and desktop platforms.
  • OKX enjoys a strong reputation, serving 20 million clients worldwide and holding a licence from the Dubai Virtual Assets Regulatory Authority.
  • Traders can obtain historical market information for both spot and futures markets, including OHLC data, aggregate trade details, and trading records.
  • The platform offers an extensive developer lab and access to a marketplace of pre-built trading bots equipped with automatic arbitrage functionalities.
  • Active traders benefit from competitive rates, with maker fees starting at 0.02% and taker fees at 0.05%.
  • Crypto staking and pools offer competitive mining fees starting at 2%.
  • 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
Cons
  • The firm has minimal regulatory oversight, which is typical for crypto brokers.
  • Testing revealed that customer support quality varied.
  • The broker's platform and features might feel intricate for beginners.
  • 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
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Spot, futures, perpetual swaps, options Cryptos
Demo Account
Yes Yes
Minimum Deposit
10 USDT $10
Payment Methods
Minimum Trade
Variable Variable
Regulator
VARA FCA, FinCEN, FINTRAC, AUSTRAC, FSA
Mobile Apps
Android & iOS Yes
iOS App Rating
rating empty
rating full
4.6
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rating full
4.7
Android App Rating
rating empty
rating full
4.3
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4.2
Margin Trading
Yes Yes
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes Yes
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 No
Market Maker
No No
P2P Trading
Yes No
Spot Trading
Yes Yes
Auto Trading
Yes Kraken Futures is integrated in other platforms which have bots: Bookmap, Caspian, FMZ Quant, Gunbot, HaasOnline, Hyndor, Margin
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
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • INR
  • JPY
  • SGD
  • RUB
  • AED
  • SAR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
Cryptocurrency
OKX provides an excellent range of over 400 tokens, such as Bitcoin and Ripple. Traders can engage in buying and selling tokens or engage in crypto trading on margin through derivatives like perpetual swaps, options, and futures. The platform is distinguished by its competitive fees, wide token selection, and rapid transaction processing. 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.
Spread
Variable 0-0.26% average
Coins
  • BTC
  • XCH
  • ETH
  • OKB
  • OKT
  • LTC
  • DOT
  • ADA
  • DOGE
  • XRP
  • USDT
  • ICP
  • BCH
  • LINK
  • XLM
  • ETC
  • MATIC
  • THETA
  • UNI
  • TRX
  • EOS
  • FIL
  • XMR
  • NEO
  • USDC
  • AAVE
  • SHIB
  • LUNA
  • KSM
  • BSC
  • ATOM
  • IOTA
  • ALGO
  • XTZ
  • CRO
  • MKR
  • BTT
  • CEL
  • LEO
  • WBTC
  • WAVES
  • KLAY
  • DASH
  • XEM
  • COMP
  • SNX
  • ZEC
  • DCR
  • SUSHI
  • SOL
  • EGLD
  • DAI
  • BTG
  • ZEN
  • NANO
  • KISHU
  • 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
Crypto Lending
Yes No
Crypto Mining
Yes No
Crypto Staking
No Yes
Auto Market Maker
No No
OKX Kraken
More Comparisons
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