Kraken Review 2026
Founded 2011 · San Francisco, USA
Last updated: May 20, 2026
Kraken is a premier cryptocurrency exchange offering advanced trading tools, deep liquidity, and a robust security infrastructure. It caters to both absolute beginners and professional crypto traders.
Is Kraken Safe?
Yes, Kraken is considered a highly safe broker. Here's our complete analysis of Kraken's regulation, fund protection, and track record.
Last verified: May 20, 2026
Regulatory Licenses
Kraken holds 2 regulatory licenses. This includes 2 Tier-1 license(s) from the world's most stringent regulators — a strong indicator of safety.
Safety Checklist
Our Verdict
Kraken is one of the safest brokers we've reviewed. With 2 Tier-1 license(s) and a trust score of 94/100, it meets the highest standards for retail trader safety. Client funds are segregated, negative balance protection is in place, and the broker has operated since 2011. We consider it safe for deposits of any size.
Frequently Asked Questions
Is Kraken regulated?
Yes, Kraken is regulated by FinCEN, FCA. It holds 2 Tier-1 license(s), which is the highest standard of regulatory oversight.
Is Kraken a scam?
No, Kraken is not a scam. It is a licensed and regulated broker with Tier-1 regulation from FinCEN and FCA. It has been operating since 2011 and maintains segregated client accounts.
Can I trust Kraken with my money?
Kraken scores 94/100 in our TrustMetrics system. This places it among the most trusted brokers we've reviewed.