Kraken logo

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.

Min Deposit
$10
Spread From
0.0 pips (Crypto)
Max Leverage
1:5
Execution
Fast
TrustMetrics™ Score
94
out of 100
🛡️ Regulation & Safety25/30
💰 Trading Costs23/25
Platform & Execution20/20
🏦 Withdrawals & Support16/15
📚 Education & Tools10/10
Visit Kraken

KrakenSafety & Regulation Analysis

Yes, Kraken is considered a highly safe broker. Below is our complete analysis of Kraken's regulatory credentials, corporate history, and funds protection policies.

Safety Checklist

Tier-1 Regulation
Licensed by FinCEN, FCA
Segregated Client Funds
Client funds held in segregated bank accounts
Negative Balance Protection
Required by Tier-1 regulation
Operating Since 2011
15+ years of track record
Investor Compensation Scheme
Covered by regulatory compensation fund
Trust Score Above 70
TrustMetrics score: 94/100

Regulatory Oversight

Kraken holds 2 regulatory licenses. This includes 2 Tier-1 license(s) from the world's most stringent regulators — a strong indicator of safety.

FinCEN
License: MSB
Tier 1
FCA
License: 757895
Tier 1

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.