Crypto exchange

Can you trade forex on Kraken?

Partly

Only in some regions. Kraken launched EUR/USD and GBP/USD perpetual futures on Kraken Pro in 2025, but they are not available in the UK, EU or US.

Checked 7 October 2026. Products and rules change, so confirm in the Kraken app before you rely on this.

Forex on Kraken by country

Whether you can trade currency pairs on Kraken where you live.

CountryAllowed?Details
Allowed in UKNo forexNo currency-pair trading.
Allowed in USANo forexNo currency-pair trading.
Allowed in EUNo forexNo currency-pair trading.
Allowed in AustraliaNot confirmed · check the appWe couldn’t confirm this. Check the app or the provider’s local website.
Allowed in CanadaNo forexNo currency-pair trading.

What this means for you

Kraken isn’t a place to trade currency pairs directly, although it offers some currency exposure as described above. To trade forex you need a broker that offers it and is regulated where you live.

What you can do on Kraken instead

  • Crypto spot and futures

Futures, CFDs and spot forex: what’s the difference?

  • Spot forex is buying and selling currency pairs directly, the way most forex traders and forex signals work.
  • Forex CFDs track currency pairs without you owning the currency. They are common in the UK, EU and Australia but banned for US retail clients.
  • Currency futures are exchange-traded contracts (such as CME Euro FX) with fixed sizes and expiry dates. Prices follow the same pairs, but contract sizes and costs differ.

Choosing somewhere to trade forex

  1. Check the broker is regulated where you live (for example the FCA, NFA/CFTC, CySEC or ASIC).
  2. Compare spreads, commission and overnight swap.
  3. Start small, or on a demo account, and read how leverage and margin work.

FAQ

Can you trade forex on Kraken?

Only in some regions. Kraken launched EUR/USD and GBP/USD perpetual futures on Kraken Pro in 2025, but they are not available in the UK, EU or US.

Is forex on Kraken available in the UK and USA?

UK: No forex. USA: No forex.

What can I use instead of Kraken for forex?

A broker regulated for forex where you live. Platforms that offer forex in at least one of the UK, US, EU, Australia or Canada include Trading 212, Interactive Brokers, Charles Schwab, Plus500. Check the regulator, leverage limits and costs before opening an account.

Sources

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