Kraken Funded vs SizeProp rules, prices and codes side by side
Prices updated
- Kraken Funded
British Virgin Islands · Founded July 2026
- From
- $20
- Challenges
- 3
- Accounts
- $1K to $25K
- SizeProp
Cayman Islands · Founded October 2025
- From
- $32
- Challenges
- 11
- Accounts
- $5K to $200K
Kraken Funded
SizePropWhere they differ
- Cheapest challenge
- Kraken Funded$20 ($1K Challenge)
- SizeProp$32 ($5K Degen)
- Daily loss limit
- Kraken FundedNone
- SizeProp2%
- Maximum loss
- Kraken Funded3% static
- SizeProp3% to 3.5% static
- Bitcoin leverage
- Kraken Funded1:1
- SizeProp5x
- Account sizes
- Kraken Funded$1K to $25K
- SizeProp$5K to $200K
- Sizes only this firm sells
- Kraken Funded$1K
- SizeProp$5K, $50K, $100K, $200K
- Challenges
- Kraken Funded3
- SizeProp11
- Country
- Kraken FundedBritish Virgin Islands
- SizePropCayman Islands
- Founded
- Kraken FundedJuly 2026
- SizePropOctober 2025
- Current offer
- Kraken FundedNone now
- SizeProp10% off with IGLOO
Every rule, side by side
| Rule | Kraken Funded | SizeProp |
|---|---|---|
| The firm | ||
| Country | British Virgin Islands | Cayman Islands |
| Founded | July 2026 | October 2025 |
| Years in operation | Under 1 | 1 |
| Platforms | Kraken app | SizeProp web platform |
| Trades on | The Kraken app (mobile only), in its Funded tab, on a simulated balance | own simulated platform powered by Hyperliquid (order books from Hyperliquid, trade.xyz and Bybit) |
| Markets | Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US) | Crypto, stock, index, commodity and FX |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-step challenge, one at a time | 1-phase evaluation (Degen or Speedrun) |
| Account sizes | $1K, $10K, $25K | $5K, $10K, $25K, $50K, $100K, $200K |
| Profit target | 12% | 8% (Degen) / 6.5% (Speedrun) |
| Daily loss limit | None | 2% (Degen and Speedrun), calculated once a day at 8:00 PM UTC from balance |
| Maximum drawdown | 3% static below the starting balance, in the challenge and the funded account | 3% (Degen) / 3.5% (Speedrun), static from starting balance |
| Max leverage | 1x: spot buys and sells in dollar amounts, with no added leverage | Up to 5x on BTC, XAUT and SPCX; up to 2x on all other pairs |
| Profit split | 80% | 80% |
| 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 | No waiting period and no minimum trading days before the first payout; requests 24/7 with positions closed and KYC done; $50 minimum; paid in USDT, usually within 24 hours of approval |
| Starting price | from $20 for a $1,000 account | from $32 for a $5,000 account (Degen); Speedrun from $50 |
| Minimum days | None | None |
| Consistency rule | None | None |
| US traders | Yes (crypto only; not in Maine, Massachusetts or New York) | Yes (not on its restricted list) |
| Fee refund | No | No |
| News trading | Allowed (its FAQ: how you trade is up to you) | Allowed |
| Weekend holding | Allowed (crypto and stocks trade 24/7) | Allowed |
| Current offer | None now | Up to 10% off with IGLOO |
| Rules checked | November 4, 2026 | October 23, 2026 |
Kraken Funded: source 1source 2source 3source 4SizeProp: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12
Prices at each account size
| Account | Kraken Funded | SizeProp |
|---|---|---|
| Sizes both sell | ||
| $10K | $90Challenge | $61$54.90 with IGLOODegen2 challenges at this size |
| $25K | $250Challenge | $172$154.80 with IGLOODegen2 challenges at this size |
| Sizes only one sells | ||
| $1K | $20Challenge | Not sold |
| $5K | Not sold | $32$28.80 with IGLOODegen2 challenges at this size |
| $50K | Not sold | $321$288.90 with IGLOODegen2 challenges at this size |
| $100K | Not sold | $521$468.90 with IGLOODegen2 challenges at this size |
| $200K | Not sold | $921$828.90 with IGLOODegen |
Every Kraken Funded challengeEvery SizeProp 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 |
|---|---|---|---|---|
| SizeProp · Degen | 5x | 2% | 0.4% | 28 of 29 |
| SizeProp · Speedrun | 5x | 2% | 0.4% | 28 of 29 |
Kraken Funded states no single Bitcoin leverage cap.
Recent rule changes
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.
Price
Cut Degen list prices at the default 80% split: $5,000 from $36 to $32, $10,000 from $68 to $61, $25,000 from $192 to $172, $50,000 from $360 to $321, $100,000 from $580 to $521, and $200,000 from $1,020 to $921.
Program
Replaced its sold 1-Step evaluation with Speedrun, a one-phase evaluation with a 6.5% target, a 2% daily loss limit and a 3.5% static drawdown, priced from $50 for $5,000 to $777 for $100,000; its rules page says 1-Step is no longer sold.
Split
Stopped selling the 90% and 95% profit-split upgrades with the end of 1-Step; Speedrun and Degen pay a fixed 80% split.
Price
Raised 1-Step prices: $5,000 from $61 to $86 and $100,000 from $888 to $999 (the $100,000 change shows by June 15).
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