Updated September 29, 2026 · SumCue Editorial Team
Bitpanda vs Kraken
Bitpanda
Kraken
Higher score in this comparison
What sets them apart
| Compare | BitpandaReviewVisitVisit | KrakenReviewVisitVisit |
|---|---|---|
| Minimum deposit | €1 | $1 |
| Stock trade fee | €1 | $0 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, ETFs, Forex, Crypto, Futures |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI) |
| Deposit and withdrawal fees | Free deposits | Free bank deposits, card 3.75% + 0.25 |
| Platforms | Not confirmed | Kraken App, Kraken Pro, Kraken Desktop, Kraken Wallet |
| Maximum retail leverage | Not confirmed | Up to 10x |
Same on both: Investor protection (EU ICS up to EUR 20,000), Currency conversion fee (0%).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Kraken scores higher overall: 9.2 vs 9.1.
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only Kraken offers Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority.
- Bitpanda is licensed in 1 more country.
- Markets: only Bitpanda offers Metals.
- Markets: only Kraken offers Forex, Futures.
- Features: only Bitpanda offers Fractional shares, Demo account.
- Pricing model: only Bitpanda offers No annual fee.
- Pricing model: only Kraken offers Commission free.
Our verdict on each
Bitpanda
Bitpanda suits beginners who want stocks, crypto and metals in one app and can start small. Its cost score of 4.6 reflects a flat €1 stock trade fee, free deposits and a low entry point, though the protection cap is modest.
Kraken
Kraken suits active crypto traders who also want stocks, ETFs, forex and futures alongside digital assets, with commission free stock dealing at $0 and cover shown as EU ICS up to EUR 20,000. Support runs through help centre routes, so traders who want phone help should weigh that trade off before opening an account.
Score breakdown
| Area | Bitpanda | Kraken |
|---|---|---|
| Cost | 9.2Stock trades cost €1 a share, deposits are Free deposits, and the entry point is €1. | 9.3HigherStock dealing costs stay lean at $0 for equity orders. |
| Offer | 8.7 | 9.0HigherMarket choice spans stocks, ETFs and forex with broad coin coverage. |
| Trust | 9.3 | 9.3Oversight links to Central Bank of Ireland, Cyprus Securities and Exchange Commission and Financial Conduct Authority with stated scheme cover. |
How they place
| Ranking | Bitpanda | Kraken |
|---|---|---|
| Credit and debit cards | 15 of 1594 | 327 of 1594 |
| Debit cards | 12 of 826 | 15 of 826 |
| Investing | 17 of 654 | 25 of 654 |
| Stock and ETF brokers | 11 of 358 | 15 of 358 |
| Trading platforms | 8 of 24 | 11 of 24 |
| Crypto | 10 of 428 | 18 of 428 |
| Crypto exchanges | 8 of 330 | 16 of 330 |
| Crypto wallets | 6 of 249 | 12 of 249 |
Side by side, item by item
| Markets | Bitpanda | Kraken |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | No | Yes |
| Futures | No | Yes |
| Crypto | Yes | Yes |
| Metals | Yes | No |
Every fact side by side
| Fact | Bitpanda | Kraken |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo accountCovers more | Crypto, Mobile app |
| Pricing model | No annual fee | Commission free |
| Audience | Not confirmed | Beginners, Experienced |
| Legal entity | Bitpanda GmbH | Not confirmed |
| Headquarters | Austria | Not confirmed |
| Founded | 2014 | Not confirmed |
| Support channels | Help centre | Not confirmed |
Credit cards
| Fact | Bitpanda | Kraken |
|---|---|---|
| Annual fee | €0 | Not confirmed |
| Rewards type | Cashback | Not confirmed |
| Rewards rate | 1% cashback on crypto asset spending | Not confirmed |
| Perks | 1% cashback on crypto asset spending | Not confirmed |
| Cashback rate | 1% | Not confirmed |
| Card kind | Credit | Not confirmed |
Debit cards
| Fact | Bitpanda | Kraken |
|---|---|---|
| Monthly fee | €0 | €0 |
| Free ATM withdrawals | Not confirmed | €0 |
| Card type | Debit | Debit |
| Cashback rate | 1% | 0.5% to 2%Higher |
| Card network | Visa | Mastercard |
| Currencies | Not confirmed | 600 |
| Custody | Custodial | Self custody |
Savings
| Fact | Bitpanda | Kraken |
|---|---|---|
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Access terms | Instant access, trading 24/7, funds tradeable anytime | Not confirmed |
| Account kind | Easy access | Not confirmed |
Crypto exchanges
| Fact | Bitpanda | Kraken |
|---|---|---|
| Taker fee | Not confirmed | 0.05% to 0.8% |
| Coins listed | from 650 | 728 |
| Fiat deposit methods | Not confirmed | Card, Bank, SEPA, ACH, Apple pay |
| Maker fee | Not confirmed | 0% to 0.4% |
| Proof of reserves | Not confirmed | Yes |
| Derivatives | Not confirmed | Yes |
| Exchange type | Cex | Cex |
Crypto wallets
| Fact | Bitpanda | Kraken |
|---|---|---|
| Wallet type | Mobile | Mobile |
| Price | Not confirmed | $0 |
| Coins supported | 650 | 728Higher |
| Backup options | Not confirmed | Seed |
Where each stands against the rest
| Fact | Bitpanda | Kraken | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0%below the median | 0.4% |
Median across 77 listed providers.
Pros and cons
Bitpanda
Pros
- You can start with €1, so a small amount opens the account and the entry point sits well inside the field.
- Stock trades cost €1 a share, a flat price you can work out before you deal.
- Deposits cost Free deposits, so moving money in does not eat into your first investment.
Cons
- Investor protection stops at EU ICS up to EUR 20,000, so a large portfolio can sit above the cap.
- Support runs on help centre only, so a question that needs a person has no listed route.
- The crypto side alone lists from 650 coins against a field median of 71.5, and custodial custody means the keys are not yours.
Kraken
Pros
- Commission free stock dealing at $0, below DKB at €10
- Low entry with $1 alongside fiat choice across card, bank and SEPA
- Broad venue with stocks, ETFs and forex and 728 plus published proof of reserves
Cons
- Support runs on help centre only, so you manage queries through help centre paths.
- Card funding carries extra cost within Free bank deposits, card 3.75% + 0.25, so bank routes suit cost aware deposits.
- Coin trading fees run 0.05% to 0.8%, so frequent takers should weigh volume tiers.
Who each suits
Bitpanda
Who it suits
- Beginners building a first portfolio from spare monthly savings
- People who want stocks, crypto and metals in one app
- Anyone who prefers a fixed share price over percentage dealing fees
Who should look elsewhere
- Anyone holding more than EU ICS up to EUR 20,000, where the cap is too low
- Investors who want to hold their own keys rather than custodial custody
- People who need phone or email support, since help runs on help centre only
Kraken
Who it suits
- Active traders wanting crypto plus stocks, ETFs, forex and futures in a shared venue
- Cost aware equity investors drawn to dealing at $0 with modest entry at $1
Who should look elsewhere
- ActivTrades if you want phone led help rather than help centre paths on help centre
- DKB if you prefer bank bundled investing over crypto led coverage at 728
Questions about each
Bitpanda
What is the minimum I need to open a Bitpanda account?+
You can start with €1. That is a small enough figure to test the platform before committing real money, and the account is easy access, so you are not tied into a term. A first deposit can be made straight away at no charge.
How much does it cost to buy shares?+
A stock trade costs €1 per share. Because that is a flat price rather than a percentage, the cost does not rise as your order gets larger, which suits a beginner making a handful of larger buys. Very small orders can cost more per share in relative terms.
Kraken
What is the minimum deposit to start with Kraken?+
You can open an account with $1, which keeps entry modest for new funders. Bank routes are available alongside card and wallet paths, so you can choose the rail that fits your timing and cost preference.
How much does Kraken charge for stocks and crypto trades?+
Stock dealing is shown as $0, which keeps equity orders lean. Crypto taker fees run 0.05% to 0.8%, so your all in cost depends on asset class, order type and monthly volume tier.
Other options to compare
Other matchups
- Kraken vs Airwallex
- Kraken vs Nexo
- Kraken vs Binance P2P
- Kraken vs GMO Coin
- Bitpanda vs ActivTrades
- Bitpanda vs XTB
- Bitpanda vs eToro
- Bitpanda vs Linxea
- Kraken vs DKB
- Kraken vs Gemini
- Bitpanda vs UNest
- Kraken vs bunq Spain
- Kraken vs bunq Stocks Spain
- Bitpanda vs Mintos
- Kraken vs Trezor
- Bitpanda vs kraken
- Kraken vs BlackBull Markets
- Kraken vs Pepperstone
- Kraken vs EBC Financial Group