Updated September 29, 2026 · SumCue Editorial Team
Kraken vs Trezor
Kraken
Higher score in this comparison
Trezor
Where Kraken and Trezor differ
| Compare | KrakenReviewVisitVisit | TrezorReviewVisitVisit |
|---|---|---|
| Derivatives | YesHas it | No |
| Taker fee | 0.05% to 0.8% | Not confirmed |
| Coins listed | 728 | Not confirmed |
| Regulators | Central Bank of Ireland, Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Crimes Enforcement Network, Central Bank of Ireland (CBI) | Not confirmed |
| Fiat deposit methods | Card, Bank, SEPA, ACH, Apple pay | Not confirmed |
| Maker fee | 0% to 0.4% | Not confirmed |
| Proof of reserves | Yes | Not confirmed |
| Exchange type | Cex | Not confirmed |
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Key differences
- Kraken scores higher overall: 9.2 vs 9.0.
- Derivatives: only Kraken.
- Features: only Kraken offers Crypto, Mobile app.
- Features: only Trezor offers Self custody.
Our verdict on each
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.
Trezor
Trezor suits anyone who wants to hold their own keys instead of leaving them with an exchange, since custody is self custody and the device carries an EAL6+ secure element. It is a hardware wallet bought at $79, and the coin list runs to 8,000.
Score breakdown
| Area | Kraken | Trezor |
|---|---|---|
| Cost | 9.3HigherStock dealing costs stay lean at $0 for equity orders. | 8.7The $79 hardware purchase is the whole outlay, while the median price across listed wallets is €0. |
| Offer | 9.0Market choice spans stocks, ETFs and forex with broad coin coverage. | 9.0Custody is self custody, the firmware is open source and coins supported reach 8,000, a wide offer for a wallet. |
| Trust | 9.3HigherOversight links to Central Bank of Ireland, Cyprus Securities and Exchange Commission and Financial Conduct Authority with stated scheme cover. | 9.1 |
Availability and regulation
| Country | Kraken | Trezor |
|---|---|---|
| Ireland | Central Bank of Ireland (CBI) MiCA CASP 9845003D98SCC2851458 IE_CBI PSD_EMI IE_CBI!C453020 | Not confirmed |
| United States | SIPC SIPC member 71030 | Not confirmed |
Positions in our rankings
| Ranking | Kraken | Trezor |
|---|---|---|
| Crypto | 18 of 428 | 11 of 428 |
| Crypto exchanges | 16 of 330 | 9 of 330 |
| Crypto wallets | 12 of 249 | 8 of 249 |
Every fact side by side
| Fact | Kraken | Trezor |
|---|---|---|
| Features | Crypto, Mobile app | Self custody |
| Support channels | Not confirmed | Help centre |
Debit cards
| Fact | Kraken | Trezor |
|---|---|---|
| Monthly fee | €0 | Not confirmed |
| Currency conversion fee | 0% | Not confirmed |
| Free ATM withdrawals | €0 | Not confirmed |
| Card type | Debit | Not confirmed |
| Audience | Beginners, Experienced | Not confirmed |
| Cashback rate | 0.5% to 2% | Not confirmed |
| Card network | Mastercard | Not confirmed |
| Currencies | 600 | Not confirmed |
| Custody | Self custody | Self custody |
Crypto wallets
| Fact | Kraken | Trezor |
|---|---|---|
| Wallet type | Mobile | Hardware |
| Price | $0Lower | $79 |
| Coins supported | 728 | 8,000Higher |
| Secure element | Not confirmed | EAL6+ |
| Open source | Not confirmed | Yes |
| Connectivity | Not confirmed | USB c |
| Backup options | Seed | Seed, ShamirCovers more |
Where each stands against the rest
| Fact | Kraken | Trezor | Median |
|---|---|---|---|
| Taker fee | 0.05% to 0.8%below the median | Not confirmed | 0.15 |
| Coins listed | 728highest quarter | Not confirmed | 89.5 |
| Maker fee | 0% to 0.4%below the median | Not confirmed | 0.1 |
Median across 222 listed providers.
Pros and cons
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.
Trezor
Pros
- Custody is self custody, where eToro, VaultLeap and Bitpanda are mobile, mobile and mobile wallets run from a phone.
- Firmware is open source, so the code running on the device can be read by anyone rather than taken on trust.
- The secure element carries EAL6+ certification.
Cons
- On price, Trezor ranks 104 of 121, so the $79 outlay is heavier than most options on the list.
- Support runs on help centre only, so a stuck set-up has no live chat or phone line to fall back on.
- Connectivity is usb c alone, so a phone-only routine means carrying a cable rather than tapping the device.
Who each suits
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
Trezor
Who it suits
- Anyone who wants self custody custody and will keep the recovery phrase safe.
- Long-term holders who would rather pay $79 at the start than a fee on every trade.
- Desktop users with a usb c port who want the wide list of 8,000.
Who should look elsewhere
- eToro, if a mobile wallet on your phone suits you better than a hardware device at $79.
- VaultLeap, if you would rather begin with a phone wallet than buy hardware, since the median price across listed wallets is €0.
- Bitpanda, if signing transactions over usb c is more than you want to manage.
Country by country
| Country | Kraken | Trezor |
|---|---|---|
| Argentina | No | Yes |
Questions about each
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.
Trezor
How much does a Trezor cost?+
The device is priced at $79. That is a single hardware purchase rather than a subscription, and the median annual fee across the wallets listed on the site is €0. On price, Trezor ranks 104 of 121, so expect the purchase to be the heaviest part of the cost.
Who holds my crypto with Trezor?+
You hold the keys yourself. Custody is self custody, so no exchange or app keeps a balance for you, and recovery rests with the backup you create, and backup options are seed and shamir. Anyone who wants a provider to hold the balance is better served by a custodial wallet.
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