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IG vs Kraken
The Ultimate Head-to-Head Broker Showdown
Key Differences
1
Trust & Regulation: IG boasts a higher trust score (95) compared to Kraken (92).
2
Account Minimum: IG requires a lower initial deposit of Free.
3
Features: Both brokers offer compelling tools, but IG focuses heavily on Stocks while Kraken is known for Crypto Spot (300+ pairs).
Detailed Comparison
Trust Score
95
92
Account Minimum
Free
$1
Annual Maint. Charge (AMC)
Free
Free
Equity Delivery Fee
£8/trade
N/A
Platforms
Web, Desktop (ProRealTime), MT4, iOS, Android
Web, Kraken Pro, Kraken Wallet, TradingView (integrated), iOS, Android
Our Verdict
When comparing IG and Kraken, the choice depends heavily on your trading style and fee preferences. IG comes out slightly ahead with a higher Trust Score of 95/100, indicating stronger regulatory oversight and user satisfaction. However, Kraken might still be the better option depending on their specific account minimums and fee structure.
Frequently Asked Questions
Is IG better than Kraken?
Based on our automated trust algorithm, IG scores higher (95/100) than Kraken (92/100). However, the "better" broker depends on the specific assets you trade and your local regulations.
Which broker has lower fees, IG or Kraken?
IG charges £8/trade for equity delivery, whereas Kraken charges N/A. You should also consider their AMC and account opening fees.