Kraken vs Trade Republic: Full Comparison

91
Kraken logo
Kraken
Exchange
85
Trade Republic logo
Trade R.
Broker
OverviewKraken vs Trade Republic
KrakenTrade Republic
Introduction
Kraken logo
Kraken
Kraken is a crypto exchange based in the USA that offers crypto trading in almost all countries of the world. The exchange integrates all necessary features for investing in crypto, with very low trading fees for advanced trading. At the same time, Kraken provides both a simple user interface that helps beginners get started trading cryptocurrencies with just a few clicks, as well as an advanced trading mode 'Kraken Pro' with useful tools for traders.
Trade Republic logo
Trade Republic
Trade Republic is an online broker from Germany that has been offering easy trading of stocks and ETFs since 2015, and more recently also cryptocurrencies. Trade Republic is known for its low-cost ETF savings plans, order and account fees, making it one of the most popular brokers in Europe. Thanks to regulation by the German BaFin, trading stocks, ETFs and cryptocurrencies at Trade Republic is not only easy but also secure.
Availibility
Pros
  • Low Fees on Kraken Pro
  • Large Selection of Crypto
  • Automatic DCA
  • Proof of Reserves
  • Regulated in Germany
  • Many Stocks & ETFs
  • Low Fees for Stocks & ETFs
  • Most essential Cryptocurrencies
Cons
  • High Fees in Easy Mode
  • High Fees for Crypto
  • Crypto not withdrawable
DetailsKraken vs Trade Republic
KrakenTrade Republic
Tradable Assets
Cryptocurrencies
Cryptocurrencies, Derivates, ETFs, Stocks
Cryptocurrencies
210+
54+
Stocks
-
7300+
ETFs
-
500+
Payment Methods
Min. Deposit
1$
10€
Verification
ID
ID, Video
Languages
🇬🇧 English
🇩🇪 German
Headquarters
🇺🇸 United States
🇩🇪 Germany
Regulations
🇦🇺 AUSTRAC, 🇺🇸 FinCEN, 🇨🇦 FINTRAC
🇩🇪 BaFin
Founded In
2011
2016
Trading FeesKraken vs Trade Republic
KrakenTrade Republic
Fee Structure
Kraken logo
Kraken
Kraken has different fees for different trading modes. When using Krakens's easy trading interface "Instant Buy", users pay a higher fee of 1.5%. By using Kraken's advanced trading interface users benefit from low trading fees of 0-0.26% that get lower the more you trade. Kraken's advanced interface has the same, large selection of cryptocurrencies.
Trade Republic logo
Trade Republic
For every trade of cryptocurrencies, stocks, and ETFs, Trade Republic charges an order fee of 1€. When buying via a savings plan, no order fees apply at all. In addition, a fee in the form of a spread applies to every trade, which ranges up to 2% but is often less than that.
Standard Crypto Fee
1.5%
2% + 1€
Advanced Crypto Fee
0-0.26%
-
Average Crypto Fee
0.81%
2%
CryptocurrenciesKraken vs Trade Republic
KrakenTrade Republic
Tradable Coins
  • Bitcoin
  • Ethereum
  • XRP
  • Cardano
  • Solana
  • Dogecoin
  • Polkadot
  • Polygon
  • Shiba Inu
  • TRON
  • Avalance
  • Uniswap
  • Bitcoin
  • Ethereum
  • XRP
  • Cardano
  • Solana
  • Polkadot
  • Polygon
  • TRON
  • Avalance
  • Uniswap
  • Litecoin
  • Chainlink
Bitcoin logoBitcoin
Yes
Yes
Ethereum logoEthereum
Yes
Yes
XRP logoXRP
Yes
Yes
Cardano logoCardano
Yes
Yes
Dogecoin logoDogecoin
Yes
No
Polygon logoPolygon
Yes
Yes
FeaturesKraken vs Trade Republic
KrakenTrade Republic
Mobile App
Android,iOS
Android,iOS
Web Version
Yes
Yes
Easy Trading
Yes
Yes
Pro Trading
No
Demo Account
No
Signup Bonus
No
No
Recurring Buys
Yes
Yes
Real Crypto
Yes
Yes
Withdrawable Crypto
Yes
No
Crypto Staking
Yes
No
Crypto Lending
No
No
Kraken vs Trade Republic Differences
Kraken logo
Why Kraken?
  • Kraken has both a pro and easy crypto trading version, whereas Trade Republic only has an easy version.
  • Kraken allows cryptocurrency withdrawals to your personal wallet, while Trade Republic doesn't.
  • Kraken has lower average crypto trading fees of 0.81% compared to 2.00% on Trade Republic.
  • Kraken had a faster and easier registration than Trade Republic in our test.
  • Kraken has roughly 210 different tradable cryptocurrencies, while Trade Republic has only 54.
  • Kraken already operates successfully since 2011, whereas Trade Republic was founded in 2016.
  • Trade Republic has roughly 7300 different tradable stocks, while Kraken offers no stocks at all.
  • Trade Republic offers various trading instruments, while Kraken only offers cryptocurrencies.
Comparison ResultsKraken vs Trade Republic
KrakenTrade Republic
Registration Speed
Kraken logo91/100
Trade Republic logo90/100
Simplicity
Kraken logo89/100
Trade Republic logo95/100
Coins
Kraken logo97/100
Trade Republic logo87/100
Features
Kraken logo95/100
Trade Republic logo78/100
Fees
Kraken logo85/100
Trade Republic logo79/100
Opinion
Kraken logo
Kraken
blockig logo
91%
Very Good
/2024
We see Kraken as one of the best international crypto exchanges, as the US-based exchange integrates all necessary features for both beginners as well as advanced traders. Unfortunately, because Kraken's fees for the instant trading mode are higher than those on Kraken's advanced interface, this exchange fails to empower beginners. Still, for those willing to use advanced trading interfaces, we recommend Kraken as the go-to place to buy and sell crypto assets with a very high-cost efficiency.
Trade Republic logo
Trade Republic
blockig logo
85%
Good
/2024
Trade Republic is recommended for beginners looking to get started with stocks, ETFs, and eventually cryptocurrencies. With no account fees, very low order fees, and thousands of ETFs, we believe Trade Republic makes trading of stocks easy, cheap, and therefore accessible to anyone. Yet, because of the high crypto trading fees, Trade Republic is not the best option for investors with a sole focus on cryptocurrencies.