Kraken Stock Trading Review 2026
- Stock trade fee
- $0
- Minimum deposit
- $0
Our verdict
Commission-free stock trading for crypto-first investors.
Kraken is a well-known cryptocurrency exchange with more than 13 million users worldwide. Its recent expansion into commission-free stock and ETF trading allows investors to manage both crypto and traditional assets from a single platform. Investors can buy fractional shares starting at just $1 and trade during extended hours, effectively enabling weekday trading around the clock. However, while this one-stop approach adds convenience, Kraken’s selection of investment options is still limited compared with traditional brokerages, and stock trading is not yet available in all US states.
Best for: Existing users looking to trade stocks within the Kraken ecosystem.
Pros
-
$0 commission stock and ETF trades
-
Invest in stocks, ETFs, forex and crypto from a single platform
-
Extended trading hours
-
User-friendly app
Cons
-
Unavailable to residents of ME and NY
-
Limited investment options
-
No cash sweep program
-
Individual taxable brokerage accounts only
-
Delayed support
Kraken at a glance
| Feature | Rating | Details |
|---|---|---|
| Investment options | ★★★★★ |
|
| Trading platforms and technology | ★★★★★ |
|
| Trading costs | ★★★★★ | Commission-free stock and ETF trades, but no margin trading for equities |
| Account fees | ★★★★★ | No annual fee and no inactivity fee, but a $100 outgoing account transfer fee applies |
| Account types and minimums | ★★★★★ | No account minimums, but only individual taxable brokerage accounts are available |
| Features and amenities | ★★★★★ |
|
| Customer support | ★★★★★ | Offers 24/7 support via chat, but response times can be very delayed |
| Mobile app | ★★★★★ | Google Play app reviews: 4.4/5 based on over 45,600 reviews, as of December 2025 Apple App Store app reviews: 4.7/5 based on over 25,200 reviews, as of December 2025 |
| Cash account or cash sweep program | ★★★★★ | Does not offer a cash sweep program. |
To learn how our star ratings are calculated, read our methodology.
Kraken is best for existing users looking to trade stocks within the Kraken ecosystem
Kraken’s stock trading offering makes the most sense for investors who already use the platform for cryptocurrency trading and want to consolidate their investments in one place. While it doesn’t replace a full-service brokerage, it offers a convenient way for crypto-first investors to add basic stock and ETF exposure.
What we like about Kraken
Kraken has several standout features that make it appealing, especially for investors who are already comfortable with cryptocurrency trading.
Trade stocks and ETFs with zero commissions
Kraken doesn’t charge commissions on stock and ETF trades, helping keep costs low for frequent traders and long-term investors alike.
Trade stocks, ETFs, forex and crypto from a single platform
By combining crypto and traditional assets in one account, Kraken eliminates the need to manage multiple investment platforms — unless you’re looking to expand beyond these offerings with things like mutual funds, bonds or options.
Extended hours trading
Kraken Pro’s extended hours trading allows users to place trades outside of standard market sessions, similar to platforms like Robinhood and Webull.
Trade 24 hours a day from Monday through Friday, which can supplement 24/7 crypto trading.
User-friendly app
Kraken’s mobile app is intuitive and easy to navigate, making it accessible for both newer investors and experienced traders. Compared with some traditional broker apps that can feel cluttered or overwhelming, Kraken’s app offers a streamlined experience for placing trades, monitoring portfolios or managing both crypto and stock investments from one place.

Where Kraken falls short
Despite its strengths, Kraken has some notable limitations that may affect certain investors.
Unavailable to residents of ME and NY
Kraken’s stock trading feature is not yet available nationwide, excluding residents of Maine and New York.
Limited investment options
Compared with traditional brokerages like Fidelity Investments or mobile-first brokers like Robinhood, Kraken offers a relatively narrow selection of investment options. Granted, Fidelity and Robinhood offer far fewer cryptocurrencies, but they provide access to a much broader range of asset classes. As a result, Kraken may feel limiting for investors seeking diversification beyond basic equity exposure.
No cash sweep program
Many brokerages automatically sweep uninvested cash into interest-bearing FDIC-insured accounts. Kraken doesn’t offer a cash sweep program, meaning idle cash earns no return unless manually deployed. Compared with brokers like Robinhood or Webull, which currently offer competitive yields on uninvested cash, this is a notable drawback for investors who keep cash balances on hand.
Individual taxable brokerage accounts only
Kraken’s account offerings are far more limited than those of traditional or mobile-first brokerages, which typically support individual retirement accounts (IRAs), joint accounts and sometimes custodial accounts. By offering only individual taxable accounts, Kraken restricts its usefulness for long-term retirement planning and family investing.
Delayed support
While Kraken advertises 24/7 customer support, user reviews suggest response times can lag during periods of high demand. I can confirm this in my own experience. At the time of this writing, it’s been over 24 hours since submitting my support chat request, and I have not received a response beyond automated messages asking whether I still need help. This delay may not be an issue for simple inquiries, but it could be frustrating for users dealing with time-sensitive account or trading concerns.
Kraken’s fees
| Type of fee | Fee details |
|---|---|
| Minimum deposit | $0 |
| Minimum investment | $1 |
| Annual fee | $0 |
| Stock trading fee | $0 |
| Crypto trading fee | Maker: 0.25% – 0.00% Taker: 0.40% – 0.01% |
| Options trading fee | N/A |
| Margin annual interest rate | N/A |
| Outgoing account transfer fee | $100 |
| Inactivity fee | $0 |
*Other Fees May Apply
Is Kraken legit?
Yes, Kraken is a legitimate company and a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC), with brokerage services provided by Kraken Securities LLC. The company was founded in 2011 by Jesse Powell and today has more than 13 million global users.
Customer experience
| BBB accredited | No |
|---|---|
| BBB rating | F |
| BBB customer reviews | 1.41 out of 5 stars, based on 26 customer reviews |
| Trustpilot score | 2.7 out of 5 stars, based on 4,101 customer reviews |
| Apple App Store Score | 4.7 out of 5 stars, based on 25,000 customer reviews |
| Google Play Score | 4.4 out of 5 stars, based on 33,600 customer reviews |
| Customer reviews verified as of | 22 December 2025 |
Kraken’s customer reviews are largely negative across the Better Business Bureau (BBB) and Trustpilot, with frequent complaints about high fees, wait times to reach support and issues with transferring funds. As of December 2025, Kraken scores a 1.41 out of 5 stars on the BBB based on 29 reviews and a 2.6 out of 5 stars on Trustpilot based on more than 3,990 reviews.(1),(2) Kraken is not BBB-accredited and holds a BBB rating of F for failing to respond to over 110 complaints.
App store reviews are more favorable. As of December 2025, Kraken has a 4.7 out of 5 rating on the Apple App Store from more than 25,000 reviews and a 4.4 out of 5 rating on Google Play from over 45,600 reviews.(3)(4)
Compare Kraken to other platforms
Compare similar platforms by available asset types, trade fees and minimum deposit requirements. Select Go to site to sign up for an account.
What is the Finder Score?
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Sources
Your reviews
Matt Finder
Investments editor and market analyst
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