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Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money. Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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.

Up to 2% bonus on stock transfers until January 31, 2026. See full terms and conditions here. ⠀

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

In this guide

  • Our verdict
  • Your reviews
  • Ask a question

Kraken at a glance

FeatureRatingDetails
Investment options

★★★★★

  • Stocks
  • ETFs
  • Cryptocurrencies
  • Forex
Trading platforms and technology

★★★★★

  • Mobile, web and desktop trading platforms.
  • Advanced charts, advanced order types, alerts, screeners,
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

★★★★★

  • Fractional shares
  • Instant buying power
  • Extended hours trading
  • Educational resources
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.

Screenshots of Kraken mobile app

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 feeFee details
Minimum deposit$0
Minimum investment$1
Annual fee$0
Stock trading fee$0
Crypto trading feeMaker: 0.25% – 0.00%

Taker: 0.40% – 0.01%

Options trading feeN/A
Margin annual interest rateN/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 accreditedNo
BBB ratingF
BBB customer reviews1.41 out of 5 stars, based on 26 customer reviews
Trustpilot score2.7 out of 5 stars, based on 4,101 customer reviews
Apple App Store Score4.7 out of 5 stars, based on 25,000 customer reviews
Google Play Score4.4 out of 5 stars, based on 33,600 customer reviews
Customer reviews verified as of22 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.

6 of 10 results
Finder Score Available asset types Stock trade fee Minimum deposit Cash sweep APY
Finder score
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.01%
ENDS SOON!
$150
$150
VISA CARD SIGNUP BONUS
1
Join Finder
2
Sign up to SoFi and make a $1000 deposit
3
Get a digital Visa gift card from Finder
Get up to $1,000 in stock when you open and fund a new account. T&Cs apply.
Trade stocks, ETFs, and options with zero commissions, invest in IPOs or automate your portfolio, with exclusive perks available through SoFi Plus.
Important information
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA (www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options Utilizing a margin loan is generally considered more appropriate for experienced investors as there are additional costs and risks associated. It is possible to lose more than your initial investment when using margin. Please see https://www.sofi.com/wealth/assets/documents/brokerage-margin-disclosure-statement.pdf for detailed disclosure information SoFi Plus members can schedule an unlimited number of appointments with a financial planner during periods in which the SoFi Plus member meets the eligibility criteria set forth in section 10(a) of the SoFi Plus Terms and Conditions. SoFi members who are not members of SoFi Plus can schedule one (1) appointment with a financial planner. The ability to schedule appointments is subject to financial planner availability. SoFi reserves the right to change or terminate this benefit at any time with or without notice. Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 45 days, you’ll no longerqualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Probability percentage is subject to decrease. Terms and conditions apply*. For 401k rollovers, existing SoFi IRA members must complete 401k rollovers via this link See full terms and For SoFi members without a SoFi IRA, a SoFi IRA must first be opened, and 401k rollover must be completed utilizing Capitalize via this link. SoFi and Capitalize will charge no additional fees to process a 401(k) rollover to a SoFi IRA. SoFi is not liable for any costs incurred from the existing 401k provider for rollover. Please check with your 401k provider for any fees or costs associated with the rollover. For IRA contributions, only deposits made via ACH and cash transfer from SoFi Bank accounts are eligible for the match. Click here for the 1% Match terms and conditions. Must be a SoFi Plus member at the time a recurring deposit is received into your SoFi Active or Automated investing account to qualify. Bonus calculated on net monthly recurring deposits made via ACH and paid out as Rewards Points. See Rewards Terms of Service. SoFi reserves the right to change or terminate this promotion at any time without notice. See terms and limitations. https://www.sofi.com/sofiplus/invest/#disclaimers
Finder score
Stocks, Options, ETFs, Cryptocurrency, Futures, Event contracts, High-yield cash account
$0
$0
3.25%
Get a free stock when you successfully sign up and link your bank account. T&Cs apply.
Trade stocks, options, crypto and more, with advanced trading tools, fractional shares and exclusive perks for Gold members.
Finder score
Stocks, Bonds, Options, ETFs, Futures, Money market funds
$0
$0
3.35%
Deposit or transfer $100,000+ to earn a 4% Match Bonus, or $2,000+ to earn a 3% Match Bonus. Plus: Get a $100 transfer fee reimbursement on your first brokerage transfer of $2,000 or more. T&Cs apply.
Trade stocks, ETFs and equity options commission-free, with access to futures, advanced charting tools, a robo-advisor and event trading powered by Kalshi.
Kraken logo
Finder score
Kraken
Finder score
Stocks, ETFs, Cryptocurrency, Forex
$0
$0
N/A
Up to 2% bonus on stock transfers until January 31, 2026. See full terms and conditions here. ⠀
Important information
Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive Inc., (NMLS ID:1843762) a FINCEN registered money services business, not a member of FINRA/SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures. *Other fees may apply.
eToro logo
Finder score
Finder score
Stocks, Options, ETFs, Cryptocurrency, Investments
$0
$0
3.25%
No commission stock, ETF and options trades, with 3.9% interest on your options account balance and no options contract fees. See full disclosure.
Important information
eToro securities trading offered by eToro USA Securities, Inc. (‘the BD”), member of FINRA and SIPC. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finder is not an affiliate and may be compensated if you access certain products or services offered by the BD.
Zacks Trade logo
Finder score
Finder score
Stocks, Bonds, Options, Mutual funds, ETFs, CDs
$0.01
$250
2.83%
Leverage powerful trading tools and low margin rates to trade stocks, options, ETFs, mutual funds and bonds.
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Showing 6 of 10 results

What is the Finder Score?

The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.

We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.

Read the full Finder Score breakdown

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Sources

Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive Inc., (NMLS ID:1843762) a FINCEN registered money services business, not a member of FINRA/SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures. *Other fees may apply.

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Matt Finder

Investments editor and market analyst

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