Kraken Derivatives eligibility requirements
Kraken is home to Kraken Derivatives and Kraken Derivatives US. Kraken Derivatives (non-US) allows clients to trade perpetual futures and Kraken Derivatives US (US futures) allows clients to trade crypto futures from CME.
Kraken Derivatives
An account must fulfill both the verification and geographic requirements to unlock Kraken Derivatives.
Verification requirements
Have an account with Kraken that is verified as follows:
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Personal clients: Intermediate or Pro verified
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Business clients: Pro verified and participated in the KYC update.
Geographic restrictions
Kraken Derivatives is not available to clients in the regions listed below:
Afghanistan
Australia (and territories)*
Belarus
Canada
Congo, Democratic Republic of the
Cuba
Iran
Iraq
Korea, Democratic People's Republic of
Libya
New Zealand
Russia
United Kingdom**
Ukraine (Crimea, Donetsk & Luhansk regions)
*Derivatives trading is only available to Australian wholesale clients via its Australian financial services licensed broker, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871 AFSL no 545124).
**For clients residing in the United Kingdom, access to derivatives trading is arranged by Crypto Facilities Limited (FRN: 757895), and is only available to clients who meet the criteria for categorisation as a Professional Client under Chapter 3 of the Conduct of Business Sourcebook.
Kraken Derivatives US (US futures)
An account must fulfill both the verification and geographic requirements to unlock Kraken Derivatives US. Support articles for US Futures can be found here.
Verification requirements
Have an account with Kraken that is verified as follows, either a Personal Intermediate accouny or Pro verified account.
Geographic restrictions
Kraken Derivatives US is only available to clients in the United States.
Brokerage services are provided by NinjaTrader Clearing, LLC doing business as Kraken Derivatives US, a Futures Commission Merchant registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID #0309379).
If you are not currently eligible to use Kraken Derivatives, please check for updates on changes to eligibility on our support center and blog.
Verification requirements
Geographic restrictions