Kraken Forex Broker

Note: Kraken's official website - https://www.kakenyqs.com/ is currently inaccessible normally.KrakenReview SummaryFounded2023Registered Country/RegionBulgariaRegulationNo regulationMarket InstrumentsEnergy, currencies, precious metalsDemo Account/Leverage/Spread/Trading Platform/Min Deposit/Customer SupportOnline chat Kraken was registered in 2023 in Bulgaria. It provides trading services related to energy, currencies, and precious metals. However, it is not regulated, and it does not reveal much information about accounts and trading details.Pros and ConsPros Cons NoneLack of regulationInaccessible websiteLack of trasparencyLimited channels for customer supportIs Kraken Legit? No, Kraken is not regulated by the financial services regulatory authority in Bulgaria, which means that the company lacks regulation from its registration site. Moreover, the current status shows that client transferring is prohibited. Therefore, please be aware of the potential risks!What Can I Trade on Kraken? Kraken provides several types of products, including energy, currencies, and precious metals.Tradable Instruments Supported Energy ✔Currencies✔Precious Metals✔Indices❌Stocks❌Cryptos❌Bonds❌Options❌ETFs❌Transaction Type Kraken offers various transaction types, including trading, C2C (crypto-to-crypto), and fiat transactions.