Crypto Fund Trader vs Kraken Funded rules, prices and codes side by side
Prices updated
- Crypto Fund Trader
Switzerland · Founded November 2022
- From
- $40
- Challenges
- 15
- Accounts
- $2.5K to $200K
- Kraken Funded
British Virgin Islands · Founded July 2026
- From
- $20
- Challenges
- 3
- Accounts
- $1K to $25K
Where they differ
- Cheapest challenge
- Crypto Fund Trader$40 ($5K 1-Phase Evaluation)
- Kraken Funded$20 ($1K Challenge)
- Daily loss limit
- Crypto Fund Trader4% to 5%
- Kraken FundedNone
- Maximum loss
- Crypto Fund Trader6% to 10% static or trailing
- Kraken Funded3% static
- Profit split
- Crypto Fund Trader50% to 80%
- Kraken Funded80%
- Bitcoin leverage
- Crypto Fund Trader5x to 100x
- Kraken Funded1:1
- Account sizes
- Crypto Fund Trader$2.5K to $200K
- Kraken Funded$1K to $25K
- Sizes only this firm sells
- Crypto Fund Trader$2.5K, $5K, $50K, $100K, $200K
- Kraken Funded$1K
- Steps
- Crypto Fund TraderInstant, 1-step and 2-step
- Kraken Funded1-step
- Challenges
- Crypto Fund Trader15
- Kraken Funded3
- Country
- Crypto Fund TraderSwitzerland
- Kraken FundedBritish Virgin Islands
- Founded
- Crypto Fund TraderNovember 2022
- Kraken FundedJuly 2026
Every rule, side by side
| Rule | Crypto Fund Trader | Kraken Funded |
|---|---|---|
| The firm | ||
| Country | Switzerland | British Virgin Islands |
| Founded | November 2022 | July 2026 |
| Years in operation | 3 | Under 1 |
| Platforms | MetaTrader 5, Match-Trader, Bybit (own account) | Kraken app |
| Trades on | Bybit (trader's own account connected by API) | The Kraken app (mobile only), in its Funded tab, on a simulated balance |
| Markets | Crypto (Bybit USDT pairs) | Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US) |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-phase or 2-phase evaluation (its Break evaluation is sold out); instant accounts also offered | 1-step challenge, one at a time |
| Account sizes | $2.5K, $5K, $10K, $25K, $50K, $100K, $200K | $1K, $10K, $25K |
| Profit target | 8% phase 1 / 5% phase 2 (2-phase); 10% (1-phase) | 12% |
| Daily loss limit | 5% (2-Phase; 6% with the Daily Drawdown add-on) / 4% (1-Phase and Instant), measured on equity against the balance at 00:05 UTC; Break accounts (sold out) list only a trailing loss limit (4% on $25,000 and $50,000, 3% on $100,000), no daily limit | None |
| Maximum drawdown | 10% fixed from initial balance (2-Phase; 12% with the Max Drawdown add-on); 6% trailing from the highest balance, checked on equity, that stops at the initial balance (1-Phase); 6% overall (Instant) | 3% static below the starting balance, in the challenge and the funded account |
| Max leverage | Up to 1:100 on Bybit accounts, depending on the instrument | 1x: spot buys and sells in dollar amounts, with no added leverage |
| Profit split | 80% on 1-Phase and 2-Phase funded accounts, up to 90% with the 90% Bonus Performance add-on; Instant accounts scale from 50% to 90% | 80% |
| Payouts | After at least 15 traded days or every 30 calendar days (every 7 traded days with the Weekly Payouts add-on); Instant accounts can also withdraw at 10% profit with no minimum days; Break accounts (sold out) pay on demand under a 40% consistency rule; paid by bank transfer (EUR or USD) or crypto (USDT ERC20/TRC20, BTC, ETH) | On request, as often as wanted, from $20 of profit; USD to the trader's Kraken account, typically within 24 hours; each withdrawal resets the funded balance to its start |
| Starting price | from $40 for a $5,000 account (1-phase) | from $20 for a $1,000 account |
| Minimum days | None to pass; 15 traded or 30 calendar days before a payout; none for Instant at 10% profit | None |
| Consistency rule | Best day at most 40% of total profit (Break Final Stage); none (2-Phase, 1-Phase, Instant) | None |
| US traders | Yes (no country limits on Match-Trader or Bybit, Bybit's own terms apply; MT5 excludes US) | Yes (crypto only; not in Maine, Massachusetts or New York) |
| Fee refund | Only within 14 days of purchase, before any trade | No |
| News trading | Allowed | Allowed (its FAQ: how you trade is up to you) |
| Weekend holding | Allowed | Allowed (crypto and stocks trade 24/7) |
| Current offer | None now | None now |
| Rules checked | November 4, 2026 | November 4, 2026 |
Crypto Fund Trader: source 1source 2source 3source 4source 5source 6source 7Kraken Funded: source 1source 2source 3source 4
Prices at each account size
| Account | Crypto Fund Trader | Kraken Funded |
|---|---|---|
| Sizes both sell | ||
| $10K | $801-Phase Evaluation3 challenges at this size | $90Challenge |
| $25K | $2191-Phase Evaluation2 challenges at this size | $250Challenge |
| Sizes only one sells | ||
| $1K | Not sold | $20Challenge |
| $2.5K | $125Instant | Not sold |
| $5K | $401-Phase Evaluation3 challenges at this size | Not sold |
| $50K | $3691-Phase Evaluation2 challenges at this size | Not sold |
| $100K | $6191-Phase Evaluation2 challenges at this size | Not sold |
| $200K | $1,1991-Phase Evaluation2 challenges at this size | Not sold |
Every Crypto Fund Trader challengeEvery Kraken Funded challengeEvery firm's challenges
Current offers
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 program | Bitcoin cap | Daily limit | Move that uses it up | Days Bitcoin moved that far |
|---|---|---|---|---|
| Crypto Fund Trader · 1-phaseup to, on Bybit, depending on the instrument | 100x | 4% | 0.04% | 29 of 29 |
| Crypto Fund Trader · 2-phaseup to, on Bybit, depending on the instrument | 100x | 5% | 0.05% | 29 of 29 |
Kraken Funded states no single Bitcoin leverage cap.
Recent rule changes
Other
Dropped the five-day minimum trading days on 1-Phase and 2-Phase evaluations.
Program
Added Break, a one-phase evaluation in $25,000, $50,000 and $100,000 sizes with no daily loss limit, a trailing drawdown of $1,000, $2,000 or $3,000, an 80% split and on-demand payouts.
Price
Cut 1-Phase prices from $63 to $40 at $5,000 and from $1,480 to $1,199 at $200,000.
Price
Raised prices, among them 2-Phase $100,000 from $598 to $660 and 1-Phase $100,000 from $656 to $789.
Account sizes
Dropped the $5,000 challenge ($50) and added a $25,000 one at $250; $1,000 stays at $20 and $10,000 at $90.

Crypto Fund Trader
Kraken Funded