Kraken Funded vs Vest Markets 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
    Buy
  • Vest Markets

    Panama

    From
    $15
    Challenges
    72
    Accounts
    $5K to $50K
    Buy

Where they differ

Cheapest challenge
Kraken Funded$20 ($1K Challenge)
Vest Markets$15 ($5K 2-Step)
Daily loss limit
Kraken FundedNone
Vest Markets3% to 5%, or none on some
Maximum loss
Kraken Funded3% static
Vest Markets4% to 6% static
Profit split
Kraken Funded80%
Vest Markets80% to 95%
Bitcoin leverage
Kraken Funded1:1
Vest Markets25x
Account sizes
Kraken Funded$1K to $25K
Vest Markets$5K to $50K
Sizes only this firm sells
Kraken Funded$1K
Vest Markets$5K, $50K
Steps
Kraken Funded1-step
Vest MarketsInstant, 1-step and 2-step
Challenges
Kraken Funded3
Vest Markets72
Country
Kraken FundedBritish Virgin Islands
Vest MarketsPanama

Every rule, side by side

RuleKraken FundedVest Markets
The firm
CountryBritish Virgin IslandsPanama
FoundedJuly 2026Not stated
Years in operationUnder 1Not stated
PlatformsKraken appVest Markets web terminal
Trades onThe Kraken app (mobile only), in its Funded tab, on a simulated balanceVest Markets' own perps platform (next.vestmarkets.com), on a Funded Account beside the trader's own Primary Account; every account is simulated per its prop terms
MarketsSpot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)Stock, ETF, index, commodity, FX and crypto (BTC, ETH, SOL and HYPE only)
Some trades on-chainNoNo
Rules
Model1-step challenge, one at a time1-step evaluation (target, drawdown, daily loss limit and split chosen at checkout) or 2-step evaluation; Instant Accounts with no evaluation also offered
Account sizes$1K, $10K, $25K$0.5K, $5K, $10K, $25K, $50K
Profit target12%1-step: 5%, 10%, 15% or 20%, chosen at checkout (its docs list only 10% and 20%); 2-step: 10% phase 1 / 5% phase 2; Instant: none
Daily loss limitNone3%, 4%, 5% or none, chosen at checkout (1-step); 3% (2-step); none (Instant); reset at 20:00 New York time from balance plus reserved collateral, checked against equity
Maximum drawdown3% static below the starting balance, in the challenge and the funded account6% static from starting capital, on equity (2-step, and 1-step by default; 7% or 8% chosen at checkout); on Instant, static and equal to the price paid: 2% on $500, 4% on $5,000 to $50,000
Max leverage1x: spot buys and sells in dollar amounts, with no added leverage25x on BTC, 15x on ETH, 10x on SOL, 5x on HYPE; 75x on the S&P 500 (ES) and seven FX pairs (AUD, CAD, CHF, EUR, GBP, JPY, NZD); 50x on the Nasdaq 100, Russell 2000 and Dow; 25x on NVDA and gold (GC); 15x on silver; 10x on WTI crude, TSLA, MU, INTC, SNDK and SPCX; 5x on all other stocks, ETFs, platinum, copper, Brent and natural gas; XRP not tradeable funded (per its leverage table, 63 markets open to funded accounts on 2026-11-09)
Profit split80%70%, 80%, 90% or 95%, chosen at checkout (1-step; 80% by default, a higher split costs more); 80% (2-step); 95% (Instant)
PayoutsOn 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 startOn demand, 24/7, with no cap on how often or how much; each claim credits the split to the trader's Vest Primary Account within 24 hours, withdrawable in USDC to a wallet; open positions may need closing first
Starting pricefrom $20 for a $1,000 accountfrom $15 for a $5,000 account (2-Step); 1-Step from $25 with a 20% target; Instant Accounts from $10 for $500
Minimum daysNoneNone
Consistency ruleNoneNone
US tradersYes (crypto only; not in Maine, Massachusetts or New York)Yes (prop terms allow it; profit goes to a Vest exchange account, whose terms bar the US)
Fee refundNoOnly if unused: within 3 days of purchase, before any trade
News tradingAllowed (its FAQ: how you trade is up to you)Allowed
Weekend holdingAllowed (crypto and stocks trade 24/7)Allowed; non-crypto markets lock from Friday evening to Sunday evening New York time
Current offerNone nowNone now
Rules checkedNovember 4, 2026November 9, 2026

Kraken Funded: source 1source 2source 3source 4Vest Markets: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12source 13source 14source 15

Prices at each account size

AccountKraken FundedVest Markets
Sizes both sell
$10K$90Challenge$352-Step18 challenges at this size
$25K$250Challenge$902-Step18 challenges at this size
Sizes only one sells
$1K$20ChallengeNot sold
$5KNot sold$152-Step18 challenges at this size
$50KNot sold$1752-Step18 challenges at this size

Every Kraken Funded challengeEvery Vest Markets challengeEvery firm's challenges

Current offers

Kraken Funded

No code seen in the last seven days.

Buy
Vest Markets

No code seen in the last seven days.

Buy

Recent rule 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

Vest Markets
  1. Leverage

    Raised funded-account leverage on seven FX pairs from 5x to 75x and on silver from 5x to 15x, and opened HYPE to funded accounts at 5x, where it had been barred.

    Firm's page

  2. Other

    Shortened the refund window for an unused account from 28 days to 3 days after purchase in its prop terms, matching its refund policy.

    Firm's pageFirm's page

  3. Leverage

    Listed gold (GC) at 25x on funded accounts in its leverage table, where silver, platinum and copper stay at 5x.

    Firm's page

  4. Account sizes

    Added a $50,000 1-Step evaluation at $415, with a 10% goal, a 3% daily loss limit, a $3,000 maximum drawdown and an 80% split; its accounts had stopped at $25,000.

    Firm's page

All 5 Vest Markets changes

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