For Traders vs Kraken Funded rules, prices and codes side by side

Where they differ

Cheapest challenge

For Traders$46 ($5K Fast)

Kraken Funded$20 ($1K Challenge)

Daily loss limit

For Traders3%

Kraken FundedNone

Maximum loss

For Traders5% static

Kraken Funded3% static

Bitcoin leverage

For Traders10x

Kraken Funded1:1

Account sizes

For Traders$5K to $50K

Kraken Funded$1K to $25K

Sizes only this firm sells

For Traders$5K, $50K

Kraken Funded$1K

Challenges

For Traders4

Kraken Funded3

Country

For TradersUnited Arab Emirates

Kraken FundedBritish Virgin Islands

Founded

For Traders2023

Kraken FundedJuly 2026

Every rule, side by side

Rule	For Traders	Kraken Funded
The firm
Country	United Arab Emirates	British Virgin Islands
Founded	2023	July 2026
Years in operation	2	Under 1
Platforms	For Traders Perps	Kraken app
Trades on	For Traders Perps, its own platform, on demo accounts	The Kraken app (mobile only), in its Funded tab, on a simulated balance
Markets	Perps on crypto, stocks, indices, commodities and FX (120+ markets, open around the clock)	Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)
Some trades on-chain	No	No
Rules
Model	Fast (1-step evaluation) on its 24/7 Perps accounts	1-step challenge, one at a time
Account sizes	$5K, $10K, $25K, $50K	$1K, $10K, $25K
Profit target	10%, on closed positions	12%
Daily loss limit	3% of the starting balance, from the higher of balance or equity at 00:00 CET	None
Maximum drawdown	5% static, from the starting balance; after the first reward the floor moves up to the starting balance for good	3% static below the starting balance, in the challenge and the funded account
Max leverage	Up to 1:20 by market per its help center (gold 1:20, Nasdaq and S&P 500 1:12, BTC 1:10); its perps page lists gold at 10x, ETH at 8x, SOL at 5x and most other coins at 2x	1x: spot buys and sells in dollar amounts, with no added leverage
Profit split	80%	80%
Payouts	On demand: the first reward once the account is up 1% of its starting balance, each later one after it grows 2% of the remaining balance; up to $10,000 a reward; paid within 48 hours through Rise or in USDC	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 $46 for a $5,000 account (list price; its page shows $39 with the code TRADE15 applied)	from $20 for a $1,000 account
Minimum days	None; one position must be closed every 7 days	None
Consistency rule	None	None
US traders	Yes (not on its restricted list)	Yes (crypto only; not in Maine, Massachusetts or New York)
Fee refund	Not stated for its perps accounts	No
News trading	Allowed in the challenge; funded: no new positions within 5 minutes of high-impact news	Allowed (its FAQ: how you trade is up to you)
Weekend holding	Allowed; every market trades through the weekend	Allowed (crypto and stocks trade 24/7)
Current offer	None now	None now
Rules checked	November 10, 2026	November 4, 2026

For Traders: source 1source 2source 3source 4source 5source 6source 7source 8Kraken Funded: source 1source 2source 3source 4

Prices at each account size

Account	For Traders	Kraken Funded
Sizes both sell
$10K	$93Fast	$90Challenge
$25K	$235Fast	$250Challenge
Sizes only one sells
$1K	Not sold	$20Challenge
$5K	$46Fast	Not sold
$50K	$493Fast	Not sold

Every For Traders challengeEvery Kraken Funded challengeEvery firm's challenges

Current offers

For Traders

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 30 days.

Firm and program	Bitcoin cap	Daily limit	Move that uses it up	Days Bitcoin moved that far
For Traders · Fast	10x	3%	0.3%	30 of 30

Kraken Funded states no single Bitcoin leverage cap.

Recent rule changes

For Traders

1. Nov 10Program

   Stopped selling its three crypto plans on MetaTrader 5 and TradeLocker (Fast, Fast PRO and Instant) and put 24/7 Perps in their place: one Fast challenge from $5,000 to $50,000 with a 10% target, a 3% daily limit, a 5% static maximum loss and an 80% split.

   Archived Oct 31, 2026Firm's page

2. Aug 4Payouts

   Cut the largest single reward per 14-day cycle on Instant crypto accounts from $20,000 to $15,000.

   Archived May 12, 2026Archived Aug 4, 2026

3. Jul 12Split

   Stopped offering a 90% profit split on Fast crypto accounts, leaving a flat 80%.

   Archived Apr 10, 2026Archived Jul 12, 2026

4. Jun 8Profit target

   Dropped, for accounts bought from June 8, 2026, the rule that no single trade or trading idea could make more than 70% of the profit target.

   Firm's pageFirm's page

All 7 For Traders changes

Kraken Funded

1. Nov 4Account 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

Compare with another firm

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