Derivatives sign ups are not available at the moment, but will be coming soon! We will reach out to you via email once the product is live.
There will be a number of changes to the Kraken Futures user experience for German clients:
- 1Product Branding: Kraken Futures will be referred to as Kraken Derivatives.
- 2Product Offering: Multi-Collateral and Single Collateral Derivatives will be available.
- 3Broker: DLT Securities GmbH will be clients’ broker for all Kraken Derivatives trading.
- 4Onboarding: All clients wishing to use Kraken Derivatives will need to re-verify with DLT Securities GmbH.
- 5Margin Requirements: For open positions to not be impacted by the migration, Retail Clients must keep sufficient collateral in their account to ensure 4x maintenance margin (MM) is met when reverifying. The deadline to re-verify is October 8, 2024.
- 6Leverage Requirements: Retail Clients’ derivatives leverage will be limited to 2x and 4x for initial margin (IM) and maintenance margin (MM) respectively. Professional Clients will have differing margin limits based on the margin schedule defined on a per product basis.
- 7Capital Gains Tax: German residents will be subject to capital gains tax on any profits realized based on their tax profile, depending on the tax classification provided during the derivatives onboarding.
If you have any further questions, please don't hesitate to contact Kraken Support.