Wikilix
Licence record

FCA licence 1010381

Holder
Kraken
Jurisdiction
United Kingdom
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Aug 19, 2026

Licence Verification Record

Financial Conduct Authority 1010381

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Financial Conduct Authority
Holder
Payward, Inc
Jurisdiction
United Kingdom
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/financial-conduct-authority/kraken/1010381Fields on file 2 / 11

Open KrakenAbout FCA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 1
Jurisdiction
United Kingdom
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
1010381
Licence type (Wikilix classification)
Financial Service
The authority

About FCA

Financial Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is United Kingdom.

Full name
Financial Conduct Authority
Jurisdiction
United Kingdom
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
2013
Oversight
A government or statutory body
Firms we track under it
108 firms
Regulates
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Loan, Retail Investment
Licences it issues
MiFID Investment Firm – Dealing on Own Account / Matched Principal (retail & market-making CFDs)
Typical cost of a licence
£100000+ (including compliance setup)
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

FCA's own rules for the firms it authorises.

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30
This describes the authority's regime, not how Kraken applies it.
The holder

Who holds this licence

The licence above is recorded against Kraken. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Payward, Inc
Based in
United States
Wikilix score
57.9the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • PAYWARD, INC.United States · Reg. 5017249 · Sep 22, 2018
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Kraken holds

3 other licences are on record for Kraken.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
The minimum deposit amount to open an account with Kraken is 1 USD. This applies to supported deposit methods such as ACH Transfer and PayPal for U.S. customers.
Yes, Kraken offers 24/7 live chat support in English. They also provide support via email for general inquiries, technical support, and complaints.
Kraken offers a maximum leverage of 5, but this can vary depending on the firm and local regulations. Specific leverage details may differ based on jurisdiction and account type.
Kraken supports several deposit methods for U.S. customers including ACH Transfer, PayPal, FedWire via Dart Bank, and instant bank transfers through CUBIX™. Deposits typically have no fees and require the bank or PayPal account name to match the Kraken account.
Kraken is regulated in the United States and registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business. It operates under US AML regulations but does not hold a broker license. Client fund insurance and protections vary by jurisdiction.
Licence 1010381 was issued by Financial Conduct Authority (FCA), the financial authority for United Kingdom.
Kraken holds this FCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FCA tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
Kraken has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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