Kraken vs Trade Republic Comparison
In our overall rating Kraken leads with 4.2 out of 5 points, ahead of Trade Republic with 2.9. On disclosed fees Trade Republic is cheaper: 0 % instead of 1 % trading fee. If you care most about usability, features, stability, and support, Kraken has the better sub-scores. Kraken lists 629 cryptocurrencies, Trade Republic more than 50.
| 1 % | Fees | 0 % |
| € 10.00 | Minimum cost per €1,000 | no order fee, cost in the spread |
| 629 | Cryptos | 50+ |
| SEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card | Payment Methods | SEPA Instant Transfer, SEPA Transfer, Credit Card |
| EU: MiCA USA: CFTC UK: FCA | Regulation | Full banking licence from BaFin, crypto services notified under MiCA (Art. 60) |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 10.00 | Minimum cost per €1,000 | no order fee, cost in the spread |
| 1 % | Fees | 0 % |
| € 1.49 | Wallet transfer | € 0 |
| Limited | Cost transparency | Limited |
| € 1 | Minimum Amount | € 1 |
| SEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card | Payment Methods | SEPA Instant Transfer, SEPA Transfer, Credit Card |
At Kraken the route sets the price: simple buys in the app and on the web cost a fixed fee plus a spread, while Kraken Pro charges maker and taker rates based on your volume over the last 30 days.
| Transaction | Cost at Kraken |
|---|---|
| Instant buy, instant sell and recurring buys | 1% plus spread in the price |
| Custom orders in simple mode | 1.5% plus spread |
| Kraken+ (subscription) | no trading fee up to USD 10,000 volume per month, spread and card fees still apply |
| Converting small balances | 3% below the minimum order size |
| Kraken Pro, tier 1 (up to USD 2,500 in 30 days) | 0.40% maker, 0.80% taker |
| Kraken Pro, tier 3 (from USD 10,000) | 0.22% maker, 0.38% taker |
| Kraken Pro, tier 5 (from USD 50,000) | 0.15% maker, 0.30% taker |
| Deposits and withdrawals | depending on method and currency, shown before you confirm |
How to save: Even in tier 1, Kraken Pro at 0.80% taker is cheaper than an instant buy at 1% plus spread, and limit orders as a maker cost 0.40%. If you buy less than USD 10,000 a month, look at Kraken+. See how Kraken compares in our crypto exchange comparison.
Fees as of 21 October 2026 according to the Kraken fee schedule.
Trade Republic charges no order commission for crypto trading. Each single order carries a flat fee of EUR 1, while savings plans run without it. Every purchase and sale also includes the spread, the gap between buy and sell price, which is built into the quoted price.
| Transaction | Cost at Trade Republic |
|---|---|
| Buying or selling a cryptocurrency (single order) | EUR 1 flat fee per order, no order commission, plus the spread |
| Crypto savings plan from EUR 1 | no flat fee, only the spread |
| Custody of your coins | free, most of it held in cold wallets at BitGo Europe GmbH |
| Sending to and receiving from external wallets | no Trade Republic fee, only the blockchain's network costs |
| Staking, including SOL, ETH and DOT | no additional fee, the app shows the net yield |
| Paying with crypto via the card | only the spread; 2% Crypto Saveback on up to EUR 1,500 card spending per month if at least EUR 50 goes into savings plans each month |
| Card: monthly fee and withdrawals | free, withdrawals under EUR 100 cost EUR 1 |
How to save: If you buy regularly, use the savings plan, since the EUR 1 flat fee does not apply there. For single orders, larger amounts pay off: on EUR 50 the flat fee is 2%, on EUR 1,000 only 0.1%. We compare exchanges with maker and taker fees in our crypto exchange comparison.
As of 22 October 2026 according to Trade Republic's crypto page and price overview and its help article on crypto fees (German price list).
Pros & Cons
- 629 cryptocurrencies tradable, 516 of them directly against the euro (measured on 3 September 2026 via Kraken's public API)
- MiCA authorisation in the EEA through Payward Europe Solutions Limited, Ireland, supervised by the Central Bank of Ireland
- Savings plan and staking are offered
- On the market since 2011, one of the oldest crypto exchanges
- Kraken Pro at 0.40 % maker and 0.80 % taker is far cheaper than the simple buy route
- The simple buy route costs 1 % for instant and recurring trades, 1.5 % for custom orders
- The cheaper Pro rates require getting to grips with an order book interface
- Since 9 July 2026 volume tiers apply across products; the tier follows the highest of three values
- Kraken itself gives no consistent coin count, its own pages range from 200+ to 600+
- MiCA authorisation from BaFin, listed in the French AMF's CASP register as “Licensed MICA” with Germany as the licensing country
- Savings plans for crypto, stocks and ETFs from €1
- Crypto transfers to and from external wallets with no transaction fee charged by Trade Republic
- Staking available, according to the provider for SOL, ETH and DOT among others, at no extra charge
- 2 % Crypto Saveback on card payments up to €1,500 per month
- No order commission on crypto: EUR 1 flat fee per single order, savings plans without it, plus the spread
- 50 cryptocurrencies tradable alongside stocks and ETFs
- Deposits via SEPA, SEPA instant transfer and credit card
- Trade Republic's own help pages contradict its product page: on 22 October 2026 they still stated that sending and receiving crypto was not possible
- Cost transparency on crypto spreads has room for improvement, according to users
- SMS-based two-factor authentication; stronger methods would be welcome
Score Comparison
User Experiences
AI AnalysisAccording to the analyzed user reviews, Kraken is often described as simple and easy to understand, especially with regard to the app and basic usability. At the same time, users mainly report criticism of support-related topics and costs, so the overall picture from a user perspective is mixed.
According to the evaluated user data, Trade Republic is especially appreciated for its intuitive and clear app. At the same time, users report room for improvement in support, while fees and individual aspects of the app are perceived in mixed ways according to reviews.
This analysis is based on 1184 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect users’ experiences and do not represent the site operator’s own assessment. All information without guarantee. Status: March 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | available |
| available | Staking | not available |
| not available | Wallet transfer | not available |
| not available | Cost transparency | not specified |
| not available | 2FA security | not specified |
| available | Account lock | not specified |
| available | SEPA instant bank transfer | available |
| available | PayPal | not specified |
| available | Credit card | available |
| available | Mobile app (iOS/Android) | available |
| not specified | BaFin regulation | available |
| not specified | Web platform | available |
| not specified | Stocks & ETFs | available |
- On the market since 2011 with a significant market presence
- Comprehensive security protocols incl. 2FA and account lock
- 629 cryptocurrencies tradable
- Savings plan and staking on one platform
- Neobroker for crypto, stocks, ETFs, and derivatives from a single source
- Savings plans from €1 for long-term wealth building
- BaFin-regulated with a German bank account
- Over 50 tradable cryptocurrencies
The five areas head to head
AI AnalysisFees & Costs
The reviews present a mixed picture when it comes to fees and costs: on the one hand, low fees are mentioned positively several times; on the other hand, users criticize high fees. According to user reviews, the perception of costs is therefore not consistent.
When it comes to fees and costs, user opinions are mixed. Some users describe Trade Republic as inexpensive, while according to reviews, higher fees are also occasionally criticized.
Usability & User Experience
Users particularly appreciate Kraken’s intuitive app and clear design, which are repeatedly described in reviews as easy to use. According to the reviews, getting started is quick for many users, and overall navigation is also mentioned positively. Some users report that the app does not open immediately, which makes usability appear limited from the perspective of individual reviews.
Users particularly appreciate Trade Republic for its intuitive, clear, and easy-to-use app. According to reviews, the application is often described as beginner-friendly, which makes getting started easier. However, the app is also occasionally described as somewhat unclear.
Features & Offering
In the analyzed user reviews, there are only a few recurring statements about features and the offering, which is why this area mainly reveals individual requests. Among other things, users want a candlestick chart, a prediction market, an auto-sell function, a 72-hour timer, and a widget for the app. In addition, some users would like more support for beginners and a calendar. Overall, the feedback mainly shows additional feature requests.
Users repeatedly wish for availability in Switzerland, an iPad version, and a CSV export. According to reviews, a simpler tax overview and the option for automatic dividend reinvestment are also mentioned occasionally. Wishes are also expressed in the available user data regarding the search function and stop-limit orders.
Stability & Security
Regarding stability and reliability, the analyzed user data mainly contains individual critical feedback. Some users report that the app cannot be opened immediately or that withdrawals are perceived as delayed. Overall, however, the available data is not sufficient, according to the reviews, to derive a clearly reliable user picture for this area.
Users report mixed experiences regarding stability and reliability. It is occasionally mentioned that the app crashes, while others describe the app as easy to use in everyday life.
Customer Support
When it comes to support, users comparatively often report longer waiting times or no response at all. According to the reviews, missing help and slow reactions are repeatedly criticized, making this area clearly viewed critically from a user perspective. Individual feedback also suggests that issues are not always resolved promptly.
When it comes to support, many users report room for improvement. According to reviews, it is often mentioned that customer service is difficult to reach or that responses take a while to arrive. In direct contact in particular, users therefore rate support critically.
Details
| Payward Europe Solutions Limited | Company | Trade Republic Bank GmbH |
| 2011 | Founded | 2015 |
| EU: MiCA USA: CFTC UK: FCA | Regulation | Full banking licence from BaFin, crypto services notified under MiCA (Art. 60) |
| € 1 | Minimum Amount | € 1 |
| Photo ID | KYC | Video-ID |
Verdict
In our overall rating Kraken leads with 4.2 against 2.9 for Trade Republic.
For most investors Kraken is therefore the better choice.
Kraken is considered one of the oldest and most established crypto exchanges and has been active in the market since 2011. With over 380 tradable cryptocurrencies as well as savings plan and staking features, the platform is appreciated by long-term investors. The extensive security protocols, including 2FA and account lock, are rated positively.
The trading fees of 1% and total costs of €10.00 per trade are in the middle range compared with cheaper providers. The lack of EU regulation or a BaFin license is occasionally criticized. Cost transparency is regarded as limited, which some users see as room for improvement.
Kraken is considered particularly suitable for investors who value a long-established platform with a wide coin selection and want to use savings plans and staking — even without EU regulation.
Trade Republic is considered one of the best-known neobrokers in the DACH region and is used by many users as an entry point into the world of cryptocurrencies. Trade Republic is a bank supervised by BaFin and, in addition to 50 cryptocurrencies, also offers stocks, ETFs, and derivatives from a single source. Users appreciate that Trade Republic charges no order commission; each single order costs a flat EUR 1, savings plans run without it, and the remaining costs arise through the spread, whose transparency is occasionally rated as room for improvement.
Particularly appreciated are the savings plans from €1, which make it easy to get started with regular crypto investing. For investors who want to manage crypto, stocks, and ETFs in a single app, Trade Republic is considered one of the most accessible solutions on the German market. The app is described as intuitive and clearly geared toward beginners and occasional investors.
The Crypto Wallet lets you send cryptocurrencies to external wallets and receive them from there, according to Trade Republic without any transaction fees of its own. The SMS-based 2FA security is also considered room for improvement. Trade Republic is therefore especially suitable for investors looking for a regulated, uncomplicated way to access cryptocurrencies as part of a broad securities offering and who want to be able to move their coins to a wallet of their own.