Kraken Futures
Kraken
A MiCA-regulated futures platform, backed by Kraken's 14 years without a hack and with a responsibly capped 50x maximum leverage. That very cap makes it less aggressive than unregulated competitors offering 125x-200x.
Data & conditions
| Maker / Taker fee | 0.02% / 0.05% |
|---|---|
| Markets | Derivatives |
| Max leverage | 50× |
| Supported assets | 400+ |
| Trading pairs | 0+ |
| 24h volume | $0 |
| Fiat on-ramp | Yes |
| Deposit methods | Wire transfer, SEPA, SWIFT, ACH, FedWire, Crypto deposit |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | US, EEA, UK · 30+ countries |
| Regulator | FCA, FinCEN, Central Bank of Ireland |
| OAM Italy registration | Yes |
| Segment | B2C |
| MiCA / License status | FCA-regulated (UK MTF) MiCA regolamentato; FCA UK; IPO 2026 |
Strengths
- Futures MiCA-regulated; 14 years zero hack; 50x leverage responsabile.
- No notable sovereignty advantage documented.
Weaknesses
- 50x max (vs 125x-200x competitors not-regulated).
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (MiCA regolamentato; FCA UK; IPO 2026): reporting to authorities and freezes on order.
Verdict
The S rewards the most reassuring combination for the average user: MiCA and UK FCA regulation, 14 years without a hack and a maximum leverage deliberately capped at 50x. That very cap, which some traders will read as a limit versus the 125x-200x of unregulated venues, is in protection terms a responsible choice that pushes the score up.
On the crypto-native plane Kraken's regulatory excellence counts for little: it stays custodial and full-KYC, so funds and identity pass to the platform. The hack-free history reassures on operational risk, but does not restore self-custody or censorship resistance.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
What are Kraken Futures's fees?
On Kraken Futures, spot fees are maker 0.02% / taker 0.05%. They drop with monthly volume and VIP tier.
Is Kraken Futures regulated in Europe?
Regulatory status of Kraken Futures: MiCA regolamentato; FCA UK; IPO 2026. Licence: FCA-regulated (UK MTF).
Does Kraken Futures publish Proof of Reserves?
Proof of Reserves publication is not documented for Kraken Futures. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Kraken Futures?
No, Kraken Futures is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Kraken Futures support derivatives and futures?
Kraken Futures offers derivatives trading, with up to 50x leverage.
Sources
- Official service page Maker/taker fees · Regulatory framework · Derivatives · Trust & safety · +1 Data verified on Jun 14, 2026