What is Kraken Pro?
Kraken Pro is Kraken's advanced trading platform designed for professional and experienced cryptocurrency traders, as well as institutions. It offers a comprehensive suite of features that go beyond what is available on the standard Kraken interface.
Key Features
- Advanced Trading Tools: Includes multi-chart mode, overlay comparison for more than 800 markets, customizable layouts, and advanced technical analysis features. Users can organize up to eight charts on one screen, analyze correlations, set multiple indicators, and switch between a range of timeframes1.
- Wide Asset Selection: Supports trading on more than 1,200 market pairs, including cryptocurrencies, perpetual futures (such as $CGPT and even major forex pairs like EUR/USD and GBP/USD), and, in select regions, US stocks and ETFs2345.
- Markets Tab: The Markets tab allows traders to see sector-wide trends, use heatmaps for quick performance analysis, and screen assets by customizable criteria, making it easier to spot opportunities2.
- Risk Management: Offers features like take profit/stop loss (TP/SL) orders for spot and margin trading, including one-cancels-other (OCO) strategies for simultaneous risk controls and profit targeting6.
- Integrated OTC Trading: Kraken Pro integrates Over-the-Counter (OTC) trading, especially for large orders (over $50,000), with request-for-quote (RFQ), negotiation, and flexible settlement options—all available on the web and app78.
- 24/7 Multi-Asset Trading: Traders can access crypto, FX perpetual futures, and other assets anytime, with deep liquidity, tight spreads, and a strong focus on market efficiency45.
- Educational Resources: Provides in-platform educational content on technical analysis and market analytics to help users refine strategies and stay updated with the latest tools1.
- Web, Mobile, and Desktop: Kraken Pro is accessible through web browsers, a dedicated mobile app, and even a lightweight desktop application designed for high performance and customizability9.
- For Advanced Users: The Pro platform is aimed at users seeking fast, reliable, and fully featured trading experiences—suitable for high-frequency traders, institutions, and anyone needing granular control over their trades.
Recent Innovations
- Integration of forex and crypto trading, expansion into US stocks and ETFs in select states, and continuous feature upgrades (like enhanced charting, heatmaps, and OTC workflows) reflect Kraken’s strategy to unify digital assets and traditional financial markets under a single robust platform2451+1.
In summary: Kraken Pro is a professional-grade, multi-asset trading platform offering a comprehensive set of advanced features for active, sophisticated traders and institutions who need powerful, flexible, and reliable trading tools.