How to unlock Derivatives trading for EEA clients

This article will help you unlock Kraken Derivatives trading if you're located in the European Economic Area.

If you’re an existing client, you’ll receive an email on December 1st, 2025 with details about transitioning to our new regulated entity. You’ll have 60 days from when you receive this communication to complete the required steps.

After January 30th, any accounts that haven’t transitioned will be set to “reduce-only” mode, meaning you’ll be able to close existing positions but won’t be able to open new ones.

Please note that EEA clients cannot trade inverse futures. All inverse futures positions will be set to “reduce-only” and will be closed 30 days after the reduce-only period ends (on March 1st, 2026).

New clients registering with Kraken will follow a streamlined process to access MiFID II-regulated products:

  1. 1

    Account creation and verification: Complete the standard Kraken sign up process, including Tier 3 or Tier 4 verification.

  2. 2

    Questionnaire and tax information: If you select any MiFID II licensed products, you will be prompted to complete the appropriateness questionnaire and provide your TIN.

  3. 3

    Activate products: Once you complete the required steps, your chosen products will be unlocked with the appropriate regulatory protections based on your client classification.

Important:

 

Investment services in relation to derivatives are provided by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) ("PEDSL-CY"). PEDSL-CY is authorised and approved by the Cyprus Securities and Exchange Commission (CySEC) for the provision of investment services. See Risk Disclosures here.

 

PEDSL-CY is authorised and regulated by the Cyprus Securities and Exchange Commission with licence number 342/17. PEDSL-CY is registered in Cyprus with registered number HE 356603 and registered office at Athalassas, 62, Mezzanine, Strovolos 2012, Nicosia, Cyprus