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US Dollar

SC Need Help Widget

Forms

Margin Trading

Kraken Test - ZD Forms

Kraken Test

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Prices page

US only

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Optimizely-Generated Audience for Backwards Compatibility

Algorand Ecosystem

Arbitrum Ecosystem

Artificial Intelligence

Avalanche Ecosystem

Base Ecosystem

Bitcoin Ecosystem

Bitcoin Sidechains

Cardano Ecosystem

Cat Meme

Cosmos Ecosystem

DePIN

Decentralized Exchange

DeFi

DeSci

Derivatives

Dog Meme

Entertainment

Ethereum Ecosystem

Exchange-based Tokens

Frog Meme

GambleFi

GameFi

Infrastructure

Layer 0

Layer 1

Layer 2

Liquid Staking

Meme

Metaverse

Optimism Ecosystem

Optimism Superchain Ecosystem

Oracle

Polkadot Ecosystem

Polygon Ecosystem

Prediction Markets

Privacy

Proof of Stake

Proof of Work

Real Estate

Real World Assets

Smart Contract Platform

SocialFi

Solana Ecosystem

Solana Meme

Sports

Stablecoins

Tron Ecosystem

Wrapped

Zero knowledge

Please declare your investor status to continue accessing margin in fiat or stablecoins (<a href="/articles/margin-trading-for-clients-in-the-united-kingdom" target="blank" rel="noopener" data-testid="external-link">learn more</a>).

Note: Margin extensions in fiat currency and stablecoins will not be permitted when you select this option. Other trading functionalities will not be impacted.

United States

Canada

Region

Personal (Intermediate / Pro)

Business

Please note: If you do not plan on trading margin, then you do not need to certify as an ECP. 

Account type

Please note: If you do not plan on trading margin, then you do not need to certify as a permitted client.

Your Public Account ID can be found under the Settings > Account page of your account. It starts with "AA", uses numbers and UPPER-CASE letters, and is 16 characters long in total.

Public account ID

This means assets for which you make the decision to trade or invest (for example, cryptocurrencies, stocks, bonds, mutual funds, real estate investments), as opposed to assets that an investment adviser trades or invests on your behalf. It does not include your personal residence or other assets you own that are not part of your trading or investment portfolio.

Total investible assets exceeding $10,000,000 on a discretionary basis

For institutions, Kraken defines "ECP” qualification as having more than $10 million in total institutional assets. This test focuses on assets, not net assets (assets minus liabilities). If you have any questions about whether your institution qualifies as an ECP you should review our support article using the link below, and consult your institution’s legal advisor. – https://support.kraken.com/hc/en-us/articles/360061973112

Total institutional assets exceeding $10,000,000

This means net financial assets (assets minus liabilities) as opposed to gross assets. Financial assets include, for example, cash, stocks, bonds, mutual funds and cryptocurrencies. Financial assets do not include real estate. Beneficial ownership refers to financial assets that you own outright, as well as ownership through any trustee, legal representative, agent or any corporate or other legal entity which is wholly owned by you.

Beneficially own net financial assets exceeding CAD $5,000,000

This means net assets (assets minus liabilities) as opposed to gross assets, and refers to the net assets as shown on the company's most recently prepared financial statements. Net assets include the value of real estate holdings, minus the amount of any mortgage or other indebtedness related to such real estate holdings. If you have any questions about whether your institution qualifies, you should review our support article, and consult your institution’s legal advisor.

Net assets exceeding CAD $25,000,000

Yes, I understand

While your eligibility is being checked you may not be able to trade on margin. 

As a U.S. user, it is your responsibility to understand the requirements to qualify as an ECP under U.S. law. If you have any questions about whether you qualify as an ECP, you should consult your legal advisor

As a Canadian user, it is your responsibility to understand the requirements to qualify as a “Permitted Client” under Canadian law. If you have any questions about whether you qualify as a Permitted Client, you should consult your legal advisor.

I trade margin for business use, I’ll borrow more than £25,000 per year

I’m a high-net-worth borrower, I’ll borrow more than £60,260 per year

Neither of the above

Please select what describe you best as a margin trader.

How do you trade margin?

(articles 60C and 60O of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001) 
<li>I am/We are* entering this agreement wholly or predominantly for the purposes of a business carried on by me/us or intended to be carried on by me/us.</li>
<li>I/We* understand that I/We* will not have the benefit of the protection and remedies that would be available to me/us* under the Financial Services and Markets Act 2000 or under the Consumer Credit Act 1974 if this agreement were a regulated agreement under those Acts.</li>
<li>I am/We are aware that, if I am/we are in any doubts as to the consequences of the agreement not being regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974, then I/we* should seek independent legal advice.</li>

Declaration for exemption relating to businesses

(articles 60H(1) and 60Q of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001) 
<li>I confirm that I have received a copy of the statement of high net worth made in relation to me for the purposes of article 60H(1)(d) or article 60Q(c) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.</li>
<li>I understand that by making this declaration I will not have the benefit of the protection and remedies that would be available to me under the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974 if this agreement were a regulated agreement under those Acts.</li>
<li>I am aware that if I am in any doubt as to the consequences of making this declaration then I should seek independent legal advice.</li>

Declaration by high net worth borrower or hirer

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