Compare Simplefx.com vs. Kraken.com

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80 80

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88 88

Pro:

Easy account creation
No minimum deposit
Awesome interactive website

Low fees
Excellent liquidity in both USD and EUR markets
Margin and futures trading supported
Only exchange platform selected to support investigation into Mt. Gox's stolen Bitcoins
Stable regulatory compliance towards the government under which it operates
Plenty of tradeable cryptocurrencies
Great security features
Friendly interface and a lot of information about the exchange

Contra:

Unregulated
Some negative reviews

Sometimes has uptime problems when market gets hot.
Verifications take time.
Unlike many other Bitcoin exchange platforms, it does not work as crypto wallet.
Although it is not solely a Bitcoin exchange for US, Kraken has a lot of restrictions for a wide range of countries, specially for credit card purchases.
Compared to other exchange companies, Kraken's services are quite limited.

Company Location:

Company Location St. Vincent and the Grenadines

Company Location San Francisco, CA.

Customer Support:

Customer Support E-Mail, Live Chat, Facebook, Telegram, Twitter, Youtube

Customer Support live chat, email, phone, facebook, twitter, linkedin

Futures:

Futures No

Futures Yes

Derivates:

Derivates No

Derivates Yes

Margin Trading:

Margin Trading up to 500x

Margin Trading up to 5x

Has been hacked:

Has been hacked Yes (2016, but only email system)

Has been hacked No

Security:

Security Excellent

Tradeable Coins:

Tradeable Coins ADA, BCH, BNB, BTC, DOT, EOS, ETC, ETH, LNK, LTC, NEO, WAV, XTZ, YFI, ZEC

Tradeable Coins ZEC, YFI, WAVES, USDC, UNI, TRX, GRT, XTZ, USDT, TBTC, SHIB, SNX, STORJ, SC, XRP, QTUM, SDN, DOT, PAXG, OXT, OMG, OCEAN, NANO, XMR, XLM, LTC, LSK, KNC, SAND, KEEP, KAVA, ICX, GNO, FLOW, FIL, ETH, ETC, ETH2, EOS, MLN, EWT, DOGE, MANA, DASH, DaiDAI, CRV, ATOM, COMP, LINK, ADA, BTC, BCH, BAT, BAL, REP, REPV2, ANT, ALGO, AAVE

Trading Volume:

Trading Volume

Trading Volume High

Deposit Fees:

Deposit Fees No

Deposit Fees 10 USD for FedWire (Silvergate) 5 USD for FedWire (Synapse) 10 USD for SWIFT (Silvergate Bank) 3 USD for SWIFT (Bank Frick) 3 EUR for SWIFT (Bank Frick) 1.25 CAD + 0.25% of the transaction for In-person cash or debit (Canada Post) 1.5% of the transaction for Interac e-Transfer 3 CAD for SWIFT (Bank Frick) 21 GBP for CHAPS (ClearJunction) 3 GBP for SWIFT (Bank Frick) 0.75 CHF for SIC (Bank Frick) 0.75 CHF for SWIFT (Bank Frick)

Trading Fees:

Trading Fees No

Trading Fees 0.00%-0.26%

Withdrawal Fees:

Withdrawal Fees No

Withdrawal Fees Yes

About Simplefx.com:
If you are into Forex and CFD trading then you might have run across SimpleFX.com. They have been operating since 2014 and are still going strong to this date! For the people that are new to the website or have no idea of its existence, we will be showing you guys around and provide you […] Read Simplefx.com Review »

About Kraken.com:
Kraken is a recognized cryptocurrency exchange that has been offering their trading services since 2011. The platform currently allows users to buy and sell more than 90 digital assets agains USD and other fiat currencies such as GBP, EUR, USD, CAD, JPY, CHF and AUD. Not only you can directly buy all these cryptocurrencies but […] Read Kraken.com Review »