Stock Investing at Kraken in 2026

Item: Kraken Stocks
Rating: 4
Author: Chad Morris

Stock Trading at Kraken

Main Points:

• In addition to cryptocurrencies, Kraken now provides trading in stocks and ETFs.

• Stock and ETF transactions can be placed with $0 commissions at Kraken.

• Kraken provides stock and ETF trading through the Kraken app, Kraken Pro, and Kraken Desktop.

If you already use Kraken to trade cryptocurrencies, its growing stock and ETF service may also be worth considering. Here's a detailed look at the program:

Securities at Kraken

Kraken, named after the enormous legendary sea creature, has expanded well beyond its original cryptocurrency business. Kraken Securities LLC is a licensed broker-dealer that offers self-directed trading in stocks and exchange-traded funds to eligible U.S. customers. Kraken provides access to more than 11,000 stocks and ETFs. Kraken Securities does not offer mutual funds, bonds, retirement accounts, or proprietary investment products. Its brokerage accounts are self-directed, so the firm does not provide investment recommendations or manage customers' portfolios.

Kraken operates as an introducing broker and uses Alpaca Securities LLC as its clearing firm. Kraken stock trading is available to eligible customers across nearly all of the United States. The service is currently available in the following states and territories:

Alabama, Alaska, Arizona, Arkansas, and California
Colorado, Connecticut, Delaware, Florida, and Georgia
Hawaii, Idaho, Illinois, Indiana, and Iowa
Kansas, Kentucky, Louisiana, Maryland, and Massachusetts
Michigan, Minnesota, Mississippi, Missouri, and Montana
Nebraska, Nevada, New Hampshire, New Jersey, and New Mexico
North Carolina, North Dakota, Ohio, Oklahoma, and Oregon
Pennsylvania, Rhode Island, South Carolina, South Dakota, and Tennessee
Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming
District of Columbia, Puerto Rico, and U.S. Virgin Islands

Stock trading is not currently available to residents of Maine or New York. Kraken has also expanded traditional U.S.-listed stock trading to eligible customers throughout the EEA, providing access to more than 7,000 U.S. equities under its European regulatory framework.

Regulations and Insurance

Kraken Securities is registered with the SEC and FINRA. Its FINRA CRD number is 324343, and its SEC number is 8-71030. The firm has been registered since 2024 and currently has no disclosure events listed on its BrokerCheck profile. Kraken Securities is registered in 53 U.S. states and territories.

Kraken Securities is also a member of SIPC. Securities held in a qualifying Kraken Securities brokerage account receive protection of up to $500,000, including a maximum of $250,000 for cash claims.

Alpaca Securities, which provides clearing services for Kraken, is likewise registered with the SEC, belongs to FINRA, and is a member of SIPC.

kraken stocks review

Opening a Stock Account

To trade U.S. securities through Kraken, you need a securities brokerage account with Kraken Securities; stocks and ETFs are legally separate from cryptocurrency holdings. Existing verified Kraken customers can activate stock trading without establishing an entirely new Kraken login. In the regular mobile app, qualifying customers will see a Buy Stocks prompt. Before approving securities trading, Kraken requests additional information covering areas such as tax status, financial circumstances, employment, and investing experience.

Kraken Stocks Fees and Minimums

After a stock/ETF account has been activated, online transactions have $0 commissions. Kraken does not impose an account minimum, and the minimum stock or ETF trade is $1.

Kraken+ is an optional subscription that provides several benefits beyond those available with a standard account. Most of these perks apply to cryptocurrency services. Kraken+ costs $4.99 per month or $49.99 per year.

Kraken Website

Visit Kraken Website

Software

Kraken provides five major trading platforms:

Mobile app
Pro mobile app
Website
Pro website
Desktop platform

U.S. stocks and ETFs can be traded through the regular Kraken mobile app, Kraken Pro mobile app, Kraken Pro website, and Kraken Desktop. The regular Kraken.com website does not currently provide the same dedicated U.S. securities trading interface as these platforms.

The standard mobile app provides stock profiles with basic market information. During our review, we found statistics such as market capitalization and daily trading volume. A simple chart appears near the top, with no technical-analysis tools and a single line-plot format. A purple buy button appears near the bottom. The trade ticket is designed primarily for straightforward market purchases.

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Kraken Pro provides a more advanced trading experience. The two primary stock order types are market and limit. Its charts offer more functionality, including several plot styles, drawing tools, and technical studies. Charts can also be rotated into a horizontal orientation. Kraken Pro additionally supplies market-depth information for equities.

On the Pro website (pro.kraken.com), Kraken displays a large collection of stocks and ETFs that can be organized using several criteria. These include:

Stock or ETF
52-week high
Industry
% change

Customers can create personalized watchlists as well. The same two main order types, limit and market, are available through the Pro website. Kraken Pro also provides extended-hours settings for qualifying limit orders.

Margin

Kraken Securities brokerage accounts have a limited-margin designation. This feature lets customers reuse proceeds from securities sales before those transactions have completely settled. However, Kraken Securities does not provide leveraged stock or ETF trading with borrowed funds.

Extra Features

Initial Public Offerings: Kraken now offers IPO Access for certain offerings to eligible customers, with availability depending on the particular offering and jurisdiction.

Dividend Reinvestment Plan: Kraken does not have a DRIP at this time.

Fractional Shares: Stock and ETF purchases can be submitted in dollar amounts with a $1 minimum.

Individual Retirement Accounts: Kraken Securities does not provide retirement brokerage accounts.

Fully-paid Securities Lending Program: Eligible customers can generate additional income in self-directed securities accounts by lending their shares. On Kraken Pro, open Settings and select the Account tab. Qualifying customers will see a Stock Lending toggle. Stock Lending can also be activated through the Kraken and Kraken Pro mobile apps.

Automatic Purchases: Kraken supports recurring cryptocurrency purchases through its standard platform. Recurring orders are not offered on Kraken Pro.

Extended-hours Trading: Kraken Pro customers can trade eligible U.S. stocks and ETFs during pre-market and after-hours sessions from 4:00 a.m. to 8:00 p.m. ET Monday through Friday using eligible limit orders.

Our Recommendations

Long-Term Investing & Retirement Planning: Because Kraken Securities does not offer IRAs, it isn't a good fit for retirement investing. is one alternative.

Beginners: Kraken's self-directed software is fairly easy to learn, although beginners who want portfolio management may prefer a robo account at a company such as .

Small Accounts: With a $1 minimum purchase amount and no required account minimum, Kraken's stock service is well suited to investors starting with small amounts.

Frequent Stock Trading: With market and limit orders serving as the main choices for equity trades, Kraken offers fewer advanced stock-order types than .

Mutual Funds: Kraken Securities does not offer mutual funds, making Charles Schwab one possible alternative.

Final Judgment

Crypto traders at Kraken can now access more than 11,000 stocks and ETFs through its U.S. brokerage service. Kraken's equities platform has expanded considerably with wider geographic availability, extended-hours trading on Kraken Pro, support on Kraken Desktop, fractional shares, IPO Access, and stock lending, although its securities lineup is still narrower than those offered by many full-service brokerage firms.

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