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

Where they differ

Cheapest challenge

Kraken Funded$20 ($1K Challenge)

Kraken Prop$20 ($5K Advanced)

Daily loss limit

Kraken FundedNone

Kraken Prop3%, or none on some

Maximum loss

Kraken Funded3% static

Kraken Prop3% to 6% static or trailing

Bitcoin leverage

Kraken Funded1:1

Kraken Prop10x

Account sizes

Kraken Funded$1K to $25K

Kraken Prop$5K to $200K

Sizes only this firm sells

Kraken Funded$1K

Kraken Prop$5K, $50K, $100K, $200K

Challenges

Kraken Funded3

Kraken Prop18

Founded

Kraken FundedJuly 2026

Kraken PropMay 2026

Every rule, side by side

Rule	Kraken Funded	Kraken Prop
The firm
Country	British Virgin Islands	British Virgin Islands
Founded	July 2026	May 2026
Years in operation	Under 1	Under 1
Platforms	Kraken app	Kraken Pro
Trades on	The Kraken app (mobile only), in its Funded tab, on a simulated balance	Kraken Pro (web and mobile app), on a simulated Prop account
Markets	Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)	Crypto, index and commodity
Some trades on-chain	No	No
Rules
Model	1-step challenge, one at a time	1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000)
Account sizes	$1K, $10K, $25K	$5K, $10K, $25K, $50K, $100K, $200K
Profit target	12%	10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite)
Daily loss limit	None	3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite
Maximum drawdown	3% static below the starting balance, in the challenge and the funded account	6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite
Max leverage	1x: spot buys and sells in dollar amounts, with no added leverage	Up 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 split	80%	80%; 90% with an add-on bought at purchase for 20% of the plan price
Payouts	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	On 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 price	from $20 for a $1,000 account	from $20 for a $5,000 account (Advanced)
Minimum days	None	None
Consistency rule	None	None
US traders	Yes (crypto only; not in Maine, Massachusetts or New York)	Yes (crypto only for US clients; not offered in Canada or India)
Fee refund	No	No
News trading	Allowed (its FAQ: how you trade is up to you)	Allowed (its Prop page sets no restriction on trading strategy)
Weekend holding	Allowed (crypto and stocks trade 24/7)	Allowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)
Current offer	None now	None now
Rules checked	November 4, 2026	November 10, 2026

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

Prices at each account size

Account	Kraken Funded	Kraken Prop
Sizes both sell
$10K	$90Challenge	$40Advanced3 challenges at this size
$25K	$250Challenge	$95Advanced3 challenges at this size
Sizes only one sells
$1K	$20Challenge	Not sold
$5K	Not sold	$20Advanced3 challenges at this size
$50K	Not sold	$139Lite4 challenges at this size
$100K	Not sold	$330Advanced3 challenges at this size
$200K	Not sold	$660Advanced2 challenges at this size

Every Kraken Funded challengeEvery Kraken Prop challengeEvery firm's challenges

Current offers

Kraken Funded

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 30 days.

Firm and program	Bitcoin cap	Daily limit	Move that uses it up	Days Bitcoin moved that far
Kraken Prop · Starter, Intermediate and Advanced	10x	3%	0.3%	30 of 30

Kraken Funded states no single Bitcoin leverage cap.

Recent rule 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

Kraken Prop

1. Nov 10Other

   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. Oct 26Other

   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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