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
    Buy
  • Kraken Funded

    British Virgin Islands · Founded July 2026

    From
    $20
    Challenges
    3
    Accounts
    $1K to $25K
    Buy

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

RuleCrypto Fund TraderKraken Funded
The firm
CountrySwitzerlandBritish Virgin Islands
FoundedNovember 2022July 2026
Years in operation3Under 1
PlatformsMetaTrader 5, Match-Trader, Bybit (own account)Kraken app
Trades onBybit (trader's own account connected by API)The Kraken app (mobile only), in its Funded tab, on a simulated balance
MarketsCrypto (Bybit USDT pairs)Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)
Some trades on-chainNoNo
Rules
Model1-phase or 2-phase evaluation (its Break evaluation is sold out); instant accounts also offered1-step challenge, one at a time
Account sizes$2.5K, $5K, $10K, $25K, $50K, $100K, $200K$1K, $10K, $25K
Profit target8% phase 1 / 5% phase 2 (2-phase); 10% (1-phase)12%
Daily loss limit5% (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 limitNone
Maximum drawdown10% 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 leverageUp to 1:100 on Bybit accounts, depending on the instrument1x: spot buys and sells in dollar amounts, with no added leverage
Profit split80% 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%
PayoutsAfter 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 pricefrom $40 for a $5,000 account (1-phase)from $20 for a $1,000 account
Minimum daysNone to pass; 15 traded or 30 calendar days before a payout; none for Instant at 10% profitNone
Consistency ruleBest day at most 40% of total profit (Break Final Stage); none (2-Phase, 1-Phase, Instant)None
US tradersYes (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 refundOnly within 14 days of purchase, before any tradeNo
News tradingAllowedAllowed (its FAQ: how you trade is up to you)
Weekend holdingAllowedAllowed (crypto and stocks trade 24/7)
Current offerNone nowNone now
Rules checkedNovember 4, 2026November 4, 2026

Crypto Fund Trader: source 1source 2source 3source 4source 5source 6source 7Kraken Funded: source 1source 2source 3source 4

Prices at each account size

AccountCrypto Fund TraderKraken 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
$1KNot sold$20Challenge
$2.5K$125InstantNot sold
$5K$401-Phase Evaluation3 challenges at this sizeNot sold
$50K$3691-Phase Evaluation2 challenges at this sizeNot sold
$100K$6191-Phase Evaluation2 challenges at this sizeNot sold
$200K$1,1991-Phase Evaluation2 challenges at this sizeNot sold

Every Crypto Fund Trader challengeEvery Kraken Funded challengeEvery firm's challenges

Current offers

Crypto Fund Trader

No code seen in the last seven days.

Buy
Kraken Funded

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
Crypto Fund Trader · 1-phaseup to, on Bybit, depending on the instrument100x4%0.04%29 of 29
Crypto Fund Trader · 2-phaseup to, on Bybit, depending on the instrument100x5%0.05%29 of 29

Kraken Funded states no single Bitcoin leverage cap.

Recent rule changes

Crypto Fund Trader
  1. Other

    Dropped the five-day minimum trading days on 1-Phase and 2-Phase evaluations.

    Archived Jun 24, 2026Archived Jul 10, 2026

  2. 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.

    Archived Jun 9, 2026Archived Jun 10, 2026

  3. Price

    Cut 1-Phase prices from $63 to $40 at $5,000 and from $1,480 to $1,199 at $200,000.

    Archived May 17, 2026Archived Jun 9, 2026

  4. Price

    Raised prices, among them 2-Phase $100,000 from $598 to $660 and 1-Phase $100,000 from $656 to $789.

    Archived Nov 14, 2025Archived Dec 4, 2025

All 6 Crypto Fund Trader changes
Kraken Funded
  1. 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.

    Firm's page

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