FundedNext vs Kraken Funded rules, prices and codes side by side

Prices updated

  • FundedNext

    United Arab Emirates · Founded March 2022

    From
    $32.99
    Challenges
    22
    Accounts
    $2K 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
FundedNext$32.99 ($5K Stellar Lite)
Kraken Funded$20 ($1K Challenge)
Daily loss limit
FundedNext3% to 5%, or none on some
Kraken FundedNone
Maximum loss
FundedNext6% to 10% static or trailing
Kraken Funded3% static
Profit split
FundedNext70% to 80%
Kraken Funded80%
Account sizes
FundedNext$2K to $200K
Kraken Funded$1K to $25K
Sizes only this firm sells
FundedNext$2K, $5K, $6K, $15K, $20K, $50K, $100K, $200K
Kraken Funded$1K
Steps
FundedNextInstant, 1-step and 2-step
Kraken Funded1-step
Challenges
FundedNext22
Kraken Funded3
Country
FundedNextUnited Arab Emirates
Kraken FundedBritish Virgin Islands
Founded
FundedNextMarch 2022
Kraken FundedJuly 2026
Current offer
FundedNext30% off with NOVINS
Kraken FundedNone now

Every rule, side by side

RuleFundedNextKraken Funded
The firm
CountryUnited Arab EmiratesBritish Virgin Islands
FoundedMarch 2022July 2026
Years in operation4Under 1
PlatformsMetaTrader 4, MetaTrader 5, cTrader, Match-TraderKraken app
Trades onsimulated CFD accountThe Kraken app (mobile only), in its Funded tab, on a simulated balance
MarketsCrypto CFDs, plus forex, index, commodity and stock CFDsSpot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)
Some trades on-chainNoNo
Rules
ModelStellar 2-Step, Stellar Lite (2-step), Stellar 1-Step, or Stellar Instant (no evaluation)1-step challenge, one at a time
Account sizes$2K, $5K, $6K, $10K, $15K, $20K, $25K, $50K, $100K, $200K$1K, $10K, $25K
Profit target8% then 5% (Stellar 2-Step); 10% (Stellar 1-Step); 8% then 4% (Stellar Lite); none on Stellar Instant12%
Daily loss limit5% (Stellar 2-Step), 4% (Stellar Lite), 3% (Stellar 1-Step) of initial balance, on the day's closed and open results, resetting at 00:00 server time; none on Stellar InstantNone
Maximum drawdown10% (Stellar 2-Step), 6% (Stellar 1-Step), 8% (Stellar Lite), static; 6% trailing on Stellar Instant3% static below the starting balance, in the challenge and the funded account
Max leverage1:1 on crypto on every Stellar model1x: spot buys and sells in dollar amounts, with no added leverage
Profit split80% on Stellar 1-Step and the Standard structure, 90% after Scale-Up; 60% (3 Day) or 90% (On-Demand) when chosen at checkout on Stellar 2-Step and Lite; 70% on Stellar Instant, 80% from Tier 3; a Lifetime 95% add-on keeps 95% (not on Instant)80%
PayoutsStandard: first after 21 days, then every 14 days (Stellar 2-Step); every 10 business days (Stellar Lite); every 5 business days (Stellar 1-Step); 3 Day (2-Step, Lite): every 3 days, with three profitable days of at least 1% per cycle; On-Demand (2-Step, Lite): on request after 2% growth under a 40% consistency rule; Stellar Instant: on demand at 5% growth, or every 14 days at 1%; paid in USDT, USDC, Confirmo, RiseWorks, bank transfer, card or an FNmarkets depositOn 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 $32.99 for a $5,000 account (Stellar Lite)from $20 for a $1,000 account
Minimum days2 (1-Step, Lite); 5 (2-Step), per phase; none (Instant)None
Consistency rule40% with On-Demand payouts (2-Step, Lite); none otherwiseNone
US tradersYes (it accepts US traders for all Stellar accounts, on Match-Trader only)Yes (crypto only; not in Maine, Massachusetts or New York)
Fee refundWith the first payout (2-Step); the third (1-Step, Lite); none (Instant)No
News tradingAllowed; news-window profits count at 40% (funded, Instant)Allowed (its FAQ: how you trade is up to you)
Weekend holdingAllowedAllowed (crypto and stocks trade 24/7)
Current offerUp to 30% off with NOVINS (+3 more)None now
Rules checkedNovember 9, 2026November 4, 2026

FundedNext: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12source 13source 14Kraken Funded: source 1source 2source 3source 4

Prices at each account size

AccountFundedNextKraken Funded
Sizes both sell
$10K$59.99Stellar Lite2 challenges at this size$90Challenge
$25K$139.99Stellar Lite3 challenges at this size$250Challenge
Sizes only one sells
$1KNot sold$20Challenge
$2K$59.99$41.99 with NOVINSStellar InstantNot sold
$5K$32.99$29.99 with NOVSTRStellar Lite2 challenges at this sizeNot sold
$6K$59.99$34.99 with NOVSTRStellar 2-Step2 challenges at this sizeNot sold
$15K$119.99Stellar 2-Step2 challenges at this sizeNot sold
$20K$599.99$419.99 with NOVINSStellar InstantNot sold
$50K$229.99Stellar Lite3 challenges at this sizeNot sold
$100K$399.99Stellar Lite3 challenges at this sizeNot sold
$200K$798.99Stellar Lite3 challenges at this sizeNot sold

Every FundedNext challengeEvery Kraken Funded challengeEvery firm's challenges

Current offers

FundedNext
  • 30% offNOVINS

    30% off every Stellar Instant account.

  • $34.99 with NOVSTRNOVSTR

    A flat amount off the smallest Stellar 2-Step account.

  • $44.99 with NOVSTRNOVSTR

    A flat amount off the smallest Stellar 1-Step account.

  • $29.99 with NOVSTRNOVSTR

    A flat amount off the smallest Stellar Lite account.

Get the offer
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.

Firm and programBitcoin capDaily limitMove that uses it up
FundedNext · Stellar Lite1:14%4%

Kraken Funded states no single Bitcoin leverage cap.

Recent rule changes

FundedNext
  1. Other

    Cut the minimum trading days on Stellar Lite from 5 to 2 per phase, on every payout structure, for accounts bought or reset from October 12, 2026; Lite accounts bought earlier keep 5.

    Firm's pageFirm's page

  2. Payouts

    Added two payout structures chosen at checkout on Stellar 2-Step and Lite beside the Standard one (80%, first reward after 21 days, then every 14): 3 Day (60%, every 3 days after three profitable days of at least 1%) and On-Demand (90%, after 2% growth under a 40% consistency rule), and ended the paid stand-alone on-demand add-on.

    Firm's page

  3. Markets

    Added 20 stock CFDs, 14 US and 6 European, to every CFD account at 1:2 leverage.

    Firm's pageArchived Aug 7, 2026

  4. Other

    Removed the Margin Rule from all Stellar funded accounts, new and existing.

    Firm's page

All 10 FundedNext 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

Compare with another firm

Get an email when either firm changes

An email the day a crypto prop firm we track changes a rule, a price or a challenge, or posts a new discount code.

Only when something changes. Unsubscribe in one click.

ScoutJUST THIS STORY

LET’S MAKE THIS USEFUL · 1 OF 5

How would you like me to explain this?

Tell me what you want from this read. Start with a quick note, then adjust the details. Your other stories stay as they are.

We’ll remember your view of this story. The published article stays unchanged.

THIS STORY’S READING VIEWStandard · The whole picture

Clear explanations with context. Both sides of the evidence.