Kraken

It is worth noting that users leave not only positive reviews about the exchange. Complaints range from slow deposit processing (most of the time the customer support is fairly fast) and difficulty communicating with customer support to improper execution of stop-loss orders.

You will find quite a few tools for trading on Kraken. Kraken is primarily known as a platform for trading Bitcoin and Ethereum against fiat (USD and EUR), but altcoins are also present. Kraken provides leverage for only a few instruments. Its size varies from 1:2 to 1:5. If you leverage on the specific futures webpage, you can leverage up to 1:50. Uncovered trades are charged a fee of 0.01% to 0.02% depending on the instrument. The commission is deducted every 4 hours.

The TradingView interface is used to build charts. It means that you will always have access to a wide range of technical analysis tools. The chart opens in an additional window that you can move and change as you see fit. Kraken also has a pretty good mobile app, which is currently only available to iOS an android users.

You can only deposit fiat into the exchange using a bank transfer. Traditional payment methods, such as bank cards, PayPal or Skrill, are not supported. In addition to fiat, you can use cryptocurrencies to fund your account.