EN
Español
Português (Brasil)
Türkçe
Tiếng Việt
Bahasa Indonesia
Polski
Čeština
Română
Slovenčina
MagyarKraken is a centralized crypto exchange. Official registers we checked list it (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Canada. Restricted or under a regulator warning in: India. Base-tier fees: spot 0.40% maker / 0.80% taker. TradeReviewed score: 2.4 out of 5.
Key facts
| Type | CEX |
|---|---|
| TradeReviewed score | 2.4/5 |
| Spot fees (maker / taker) | 0.40% / 0.80% source |
| Futures fees (maker / taker) | - |
| Licensed or registered in | European Union (MiCA), UAE / Dubai (VARA), Canada |
| Restricted or warning | India |
| Proof of reserves | - |
| Volume 24h | $1.05B Derivatives $572.9M CoinGecko, 2026-10-20 |
| Max leverage | 50x EEA retail (Payward Europe, CySEC): max 10x source |
| KYC | - |
| Last verified | 19 Oct 2026 |
| Fee notes | Kraken Pro spot Tier 1 (0 USD 30-day volume). |
Score breakdown
Each category is calculated from the sourced data on this page. Missing data scores low, never estimated. Methodology and formula.
| Regulation and licences (25%) | 2.3 | |
|---|---|---|
| Security and proof of reserves (20%) | 1.5 | |
| Fees (spot and futures) (20%) | 1.0 | |
| Liquidity and volume (15%) | 4.5 | |
| Products and features (10%) | 3.0 | |
| Transparency, KYC and support (10%) | 3.5 |
Regulation by country and region
Status per jurisdiction with a link to the official register. Registers change, so always check the source and the date we last verified it. What these statuses mean.
| Jurisdiction | Regulator | Licence / registration | Number | Status | Official source | Last verified |
|---|---|---|---|---|---|---|
| European Union (MiCA) | Central Bank of Ireland (CBI) | MiCA CASP authorisation (Payward Global Solutions Ltd / Payward Europe Solutions Ltd) | - | Licensed ESMA interim register, authorised 25/06/2025. | Register | 19 Oct 2026 |
| United States | NYDFS (BitLicense) / FinCEN (MSB) | - | - | Not verified | Register | - |
| UAE / Dubai (VARA) | Virtual Assets Regulatory Authority (VARA) | VASP Licence (Payward FZCO): Management and investment, broker-dealer | VL/26/10/002 | Licensed VARA public register, licensed VASPs. | Register | 19 Oct 2026 |
| United Kingdom | Financial Conduct Authority (FCA) | - | - | Not verified FCA cryptoasset register could not be read automatically (bot protection); not verified yet. | Register | - |
| Singapore | Monetary Authority of Singapore (MAS) | - | - | Not verified | Register | - |
| Japan | Financial Services Agency (JFSA) | - | - | Not verified | Register | - |
| Hong Kong | Securities and Futures Commission (SFC) | - | - | Not verified | Register | - |
| Australia | AUSTRAC | - | - | Not verified AUSTRAC does not publish a public list of registered digital currency exchanges; not verified. | Register | - |
| Canada | Ontario Securities Commission (OSC) / CSA | Registered crypto asset trading platform (Payward Canada Inc., restricted dealer) | - | Licensed OSC list of registered CTPs, page updated 15 Oct 2026. | Register | 20 Oct 2026 |
| India | Financial Intelligence Unit India (FIU-IND) | Directed for takedown of apps and URLs (operating without FIU-IND registration) | - | Banned / warning Lok Sabha Unstarred Question 5805 (30 Mar 2026), Annexure II. | Register | 20 Oct 2026 |
| Turkey | Capital Markets Board (SPK/CMB) / MASAK | - | - | Not verified | Register | - |
| South Korea | Korea Financial Intelligence Unit (KoFIU) | - | - | Not verified | Register | - |
| Brazil | Banco Central do Brasil (BCB) | - | - | Not verified Banco Central do Brasil has not published a list of authorised SPSAVs yet (checked 20 Oct 2026). | Register | - |
Regional rankings
Kraken: frequently asked questions
Is Kraken regulated?
Yes, in some jurisdictions. Official registers list Kraken (or a group company) as licensed or registered in: European Union (MiCA), UAE / Dubai (VARA), Canada. Licences are usually held by a local entity, so check which company serves your country.
Is Kraken legal in the US?
We have not verified the status of Kraken in United States yet. Check the official register and the exchange's terms for your country.
Is Kraken MiCA licensed?
Yes. Kraken is listed as licensed in European Union (MiCA): MiCA CASP authorisation (Payward Global Solutions Ltd / Payward Europe Solutions Ltd), Central Bank of Ireland (CBI). (checked 2026-10-19) ESMA interim register, authorised 25/06/2025.
What are Kraken fees?
At the base (regular user) tier: spot 0.40% maker / 0.80% taker, according to the official fee page (checked 2026-10-19). VIP tiers and token discounts can lower this.
Is Kraken available in the UAE?
Yes. Kraken is listed as licensed in UAE / Dubai (VARA): VASP Licence (Payward FZCO): Management and investment, broker-dealer, Virtual Assets Regulatory Authority (VARA). (checked 2026-10-19) VARA public register, licensed VASPs.
Does Kraken require KYC?
We have not verified the KYC rules yet. Most centralized exchanges require identity verification before deposits, trading or withdrawals.
What is the TradeReviewed score of Kraken?
2.4 out of 5, calculated with our published methodology from regulation, security, fees, liquidity, products and transparency data. Partnerships do not affect the score.
Sources
- Kraken official website www.kraken.com
- Kraken fee schedule www.kraken.com
- European Union (MiCA): Central Bank of Ireland (CBI) www.esma.europa.eu
- UAE / Dubai (VARA): Virtual Assets Regulatory Authority (VARA) www.vara.ae
- Canada: Ontario Securities Commission (OSC) / CSA www.osc.ca
- India: Financial Intelligence Unit India (FIU-IND) sansad.in
- CoinGecko exchange volume www.coingecko.com
Risk warning: crypto-assets are volatile and you can lose all of your money. Leveraged products are high risk. Nothing on this page is financial advice.