Bitfunded vs Kraken Prop rules, prices and codes side by side

Prices updated

  • Bitfunded

    United Arab Emirates · Founded 2023

    From
    $39
    Challenges
    24
    Accounts
    $2.5K to $150K
    Buy
  • Kraken Prop

    British Virgin Islands · Founded May 2026

    From
    $20
    Challenges
    18
    Accounts
    $5K to $200K
    Buy

Where they differ

Cheapest challenge
Bitfunded$39 ($5K 1-Step Express)
Kraken Prop$20 ($5K Advanced)
Daily loss limit
Bitfunded3% to 5%
Kraken Prop3%, or none on some
Maximum loss
Bitfunded3% to 10% static
Kraken Prop3% to 6% static or trailing
Profit split
Bitfunded60% to 80%
Kraken Prop80%
Bitcoin leverage
Bitfunded5x
Kraken Prop10x
Account sizes
Bitfunded$2.5K to $150K
Kraken Prop$5K to $200K
Sizes only this firm sells
Bitfunded$2.5K, $15K, $150K
Kraken Prop$200K
Steps
BitfundedInstant, 1-step and 2-step
Kraken Prop1-step
Challenges
Bitfunded24
Kraken Prop18
Country
BitfundedUnited Arab Emirates
Kraken PropBritish Virgin Islands
Founded
Bitfunded2023
Kraken PropMay 2026

Every rule, side by side

RuleBitfundedKraken Prop
The firm
CountryUnited Arab EmiratesBritish Virgin Islands
Founded2023May 2026
Years in operation2Under 1
PlatformsBitfunded web platform, Bitfunded mobile appKraken Pro
Trades onown simulated platform (web and mobile app)Kraken Pro (web and mobile app), on a simulated Prop account
MarketsCrypto (100+ cryptocurrencies), plus 20+ TradFi pairsCrypto, index and commodity
Some trades on-chainNoNo
Rules
Model2-Step, 1-Step or 1-Step Express evaluation; Instant Funding1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000)
Account sizes$2.5K, $5K, $10K, $15K, $25K, $50K, $100K, $150K$5K, $10K, $25K, $50K, $100K, $200K
Profit target8% then 5% (2-Step); 10% (1-Step); 9% (1-Step Express); none on Instant Funding10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite)
Daily loss limit5% (2-Step) / 4% (1-Step) / 3% (1-Step Express) / 4% (Instant Funding), a fixed percentage of the starting balance3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite
Maximum drawdown10% then 8% (2-Step); 6% (1-Step); 3% (1-Step Express); 6% (Instant Funding); static, a fixed percentage of the starting balance6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite
Max leverage1:5; a 20x upgrade sold on limited batches, 1,000 accounts from October 7, 2026 (sold out) and 500 more from October 10, on 1-Step, 2-Step and Express accounts of $5,000 to $150,000, from $47Up to 10x on BTC, the Nasdaq 100 and the S&P 500 (its August 18, 2026 update; its September guide still says 5x on BTC and ETH, 2x on other crypto), 5x on SOL and 3x on HYPE; up to 40x on the Nasdaq 100 and S&P 500 on Lite; commodities 5x on gold, silver, WTI and Brent oil, 10x on copper and 3x on natural gas (its commodities table; the same page's FAQ says up to 5x on every commodity)
Profit split80% (60% on Instant Funding)80%; 90% with an add-on bought at purchase for 20% of the plan price
PayoutsOn a Profit Sharing Day set 2 to 60 days out (30 by default); up to 2 payouts per 30 days per challenge, 5 across challenges, one a month after 10 payouts; Instant Funding one a month, 5% profit needed from the second; paid in USDT (TRC20, ERC20, BEP20), processed within 24 hours on working daysOn request with no open positions or orders; reviewed within 24 hours (typically 12) and paid in USD or USDG to the trader's Kraken account; $50 minimum on Lite
Starting pricefrom $39 for a $5,000 account (1-Step Express, per its user guide); 2-Step from $79from $20 for a $5,000 account (Advanced)
Minimum daysNone per its FAQ and user guide (its terms list 5 per stage)None
Consistency ruleNone, except Instant Funding: no pair may make 60% or more of net profit in a payout periodNone
US tradersYes (its blog says it accepts US traders)Yes (crypto only for US clients; not offered in Canada or India)
Fee refundWith the third payout on 2-Step, not promo accounts (FAQ, guide); its terms say the firstNo
News tradingAllowedAllowed (its Prop page sets no restriction on trading strategy)
Weekend holdingAllowedAllowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)
Current offerNone nowNone now
Rules checkedOctober 26, 2026November 10, 2026

Bitfunded: source 1source 2source 3source 4source 5Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9

Prices at each account size

AccountBitfundedKraken Prop
Sizes both sell
$5K$391-Step Express4 challenges at this size$20Advanced3 challenges at this size
$10K$491-Step Express4 challenges at this size$40Advanced3 challenges at this size
$25K$1241-Step Express3 challenges at this size$95Advanced3 challenges at this size
$50K$1991-Step Express3 challenges at this size$139Lite4 challenges at this size
$100K$3991-Step Express3 challenges at this size$330Advanced3 challenges at this size
Sizes only one sells
$2.5K$129Instant FundingNot sold
$15K$741-Step Express3 challenges at this sizeNot sold
$150K$5491-Step Express3 challenges at this sizeNot sold
$200KNot sold$660Advanced2 challenges at this size

Every Bitfunded challengeEvery Kraken Prop challengeEvery firm's challenges

Current offers

Bitfunded

No code seen in the last seven days.

Buy
Kraken Prop

No code seen in the last seven days.

Buy

What each daily limit means on Bitcoin

How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 29 days.

Firm and programBitcoin capDaily limitMove that uses it upDays Bitcoin moved that far
Bitfunded · 1-Step Express5x3%0.6%26 of 29
Bitfunded · 1-Step5x4%0.8%23 of 29
Kraken Prop · Starter, Intermediate and Advanced10x3%0.3%29 of 29

Recent rule changes

Bitfunded
  1. Daily loss

    Changed the daily loss limit on Instant Funding ($2,500, $5,000, $10,000) from 3% to 4%.

    Firm's page

  2. Daily loss

    Changed its daily loss limit from "3% (Instant Funding)" to "4% (Instant Funding)".

    Firm's page

  3. Leverage

    Launched 20x leverage accounts on 1-Step, 2-Step and Express, up from 5x, limited to 1,000 accounts; 500 more followed on October 10 after the first batch sold out.

    Post on TelegramPost on Telegram

  4. Markets

    Listed an Anthropic pre-IPO market.

    Post on Telegram

All 21 Bitfunded changes
Kraken Prop
  1. Other

    Dropped the UK from the countries its FAQ says Kraken Prop is not available in, leaving Canada and India; in July the list also named Australia.

    Firm's pageArchived Jul 12, 2026

  2. Other

    Changed its weekend holding rule from "Allowed (margin funding of 0.033% a day applies)" to "Allowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)".

    Firm's page

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