Kraken Prop vs SizeProp rules, prices and codes side by side
Prices updated
- Kraken Prop
British Virgin Islands · Founded May 2026
- From
- $20
- Challenges
- 18
- Accounts
- $5K to $200K
- SizeProp
Cayman Islands · Founded October 2025
- From
- $32
- Challenges
- 11
- Accounts
- $5K to $200K
Kraken Prop
SizePropWhere they differ
- Cheapest challenge
- Kraken Prop$20 ($5K Advanced)
- SizeProp$32 ($5K Degen)
- Daily loss limit
- Kraken Prop3%, or none on some
- SizeProp2%
- Maximum loss
- Kraken Prop3% to 6% static or trailing
- SizeProp3% to 3.5% static
- Bitcoin leverage
- Kraken Prop10x
- SizeProp5x
- Challenges
- Kraken Prop18
- SizeProp11
- Country
- Kraken PropBritish Virgin Islands
- SizePropCayman Islands
- Founded
- Kraken PropMay 2026
- SizePropOctober 2025
- Current offer
- Kraken PropNone now
- SizeProp10% off with IGLOO
Every rule, side by side
| Rule | Kraken Prop | SizeProp |
|---|---|---|
| The firm | ||
| Country | British Virgin Islands | Cayman Islands |
| Founded | May 2026 | October 2025 |
| Years in operation | Under 1 | 1 |
| Platforms | Kraken Pro | SizeProp web platform |
| Trades on | Kraken Pro (web and mobile app), on a simulated Prop account | own simulated platform powered by Hyperliquid (order books from Hyperliquid, trade.xyz and Bybit) |
| Markets | Crypto, index and commodity | Crypto, stock, index, commodity and FX |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000) | 1-phase evaluation (Degen or Speedrun) |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $5K, $10K, $25K, $50K, $100K, $200K |
| Profit target | 10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite) | 8% (Degen) / 6.5% (Speedrun) |
| Daily loss limit | 3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite | 2% (Degen and Speedrun), calculated once a day at 8:00 PM UTC from balance |
| Maximum drawdown | 6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite | 3% (Degen) / 3.5% (Speedrun), static from starting balance |
| Max 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) | Up to 5x on BTC, XAUT and SPCX; up to 2x on all other pairs |
| Profit split | 80%; 90% with an add-on bought at purchase for 20% of the plan price | 80% |
| Payouts | 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 | 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 $5,000 account (Advanced) | from $32 for a $5,000 account (Degen); Speedrun from $50 |
| Minimum days | None | None |
| Consistency rule | None | None |
| US traders | Yes (crypto only for US clients; not offered in Canada or India) | Yes (not on its restricted list) |
| Fee refund | No | No |
| News trading | Allowed (its Prop page sets no restriction on trading strategy) | Allowed |
| Weekend holding | Allowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite) | Allowed |
| Current offer | None now | Up to 10% off with IGLOO |
| Rules checked | November 10, 2026 | October 23, 2026 |
Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9SizeProp: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12
Prices at each account size
| Account | Kraken Prop | SizeProp |
|---|---|---|
| Sizes both sell | ||
| $5K | $20Advanced3 challenges at this size | $32$28.80 with IGLOODegen2 challenges at this size |
| $10K | $40Advanced3 challenges at this size | $61$54.90 with IGLOODegen2 challenges at this size |
| $25K | $95Advanced3 challenges at this size | $172$154.80 with IGLOODegen2 challenges at this size |
| $50K | $139Lite4 challenges at this size | $321$288.90 with IGLOODegen2 challenges at this size |
| $100K | $330Advanced3 challenges at this size | $521$468.90 with IGLOODegen2 challenges at this size |
| $200K | $660Advanced2 challenges at this size | $921$828.90 with IGLOODegen |
Every Kraken Prop 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 |
|---|---|---|---|---|
| Kraken Prop · Starter, Intermediate and Advanced | 10x | 3% | 0.3% | 29 of 29 |
| SizeProp · Degen | 5x | 2% | 0.4% | 28 of 29 |
| SizeProp · Speedrun | 5x | 2% | 0.4% | 28 of 29 |
Recent rule changes
Other
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.
Other
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)".
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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