Kraken Prop vs Tradeify 24/7 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
- Tradeify 24/7
United States
- From
- Not stated
- Challenges
- 0
- Accounts
- Not stated
Where they differ
- Country
- Kraken PropBritish Virgin Islands
- Tradeify 24/7United States
Every rule, side by side
| Rule | Kraken Prop | Tradeify 24/7 |
|---|---|---|
| The firm | ||
| Country | British Virgin Islands | United States |
| Founded | May 2026 | Not stated |
| Years in operation | Under 1 | Not stated |
| Platforms | Kraken Pro | DXtrade, MetaTrader 5 |
| Trades on | Kraken Pro (web and mobile app), on a simulated Prop account | DXtrade, MetaTrader 5 (not available to US traders), simulated accounts |
| Markets | Crypto, index and commodity | Crypto (100+ pairs; not perps), plus tokenized stocks, indices and commodities |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000) | 2-step or 1-step evaluation, or Instant Funding (no evaluation) |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $10K, $25K, $50K, $100K |
| Profit target | 10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite) | 10% phase 1 / 5% phase 2 (2-step); 12% (1-step); none on Instant Funding |
| Daily loss limit | 3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite | 3% on every account, from the previous day's 22:00 UTC closing balance, checked against live equity |
| Maximum drawdown | 6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite | 6% static (2-step and 1-step); 6% trailing from the highest balance until it reaches the starting balance, then fixed (Instant Funding); breached on equity |
| 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) | 5x on BTC, ETH and commodities and 2x on other crypto, indices and tokenized stocks (2-Step and 1-Step); 2x on everything (Instant Funding); a paid add-on doubles each, to 10x and 4x |
| Profit split | 80%; 90% with an add-on bought at purchase for 20% of the plan price | 80%; 95% with a paid add-on |
| 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 | On demand, $100 minimum, via Rise (bank or crypto) or Confirmo (USDC), processed within 24 hours or $1,000 added; 2-Step funded needs 3 profitable days of 0.5%+ before the first payout; Instant Funding needs a 20% consistency score |
| Starting price | from $20 for a $5,000 account (Advanced) | Not sold: purchases of new accounts closed in October 2026 |
| Minimum days | None | None to pass; 3 profitable days before the first payout (2-step) |
| Consistency rule | None | 20% for payouts (Instant Funding); none (1-step, 2-step) |
| US traders | Yes (crypto only for US clients; not offered in Canada or India) | Yes (not on its restricted list; MetaTrader 5 not available to US traders, DXtrade only) |
| 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 | None now |
| Rules checked | November 10, 2026 | October 30, 2026 |
Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9Tradeify 24/7: source 1source 2source 3source 4source 5source 6source 7source 8source 9source 10source 11source 12source 13
Prices at each account size
| Account | Kraken Prop | Tradeify 24/7 |
|---|---|---|
| Sizes only one sells | ||
| $5K | $20Advanced3 challenges at this size | Not sold |
| $10K | $40Advanced3 challenges at this size | Not sold |
| $25K | $95Advanced3 challenges at this size | Not sold |
| $50K | $139Lite4 challenges at this size | Not sold |
| $100K | $330Advanced3 challenges at this size | Not sold |
| $200K | $660Advanced2 challenges at this size | Not sold |
Every Kraken Prop challengeEvery Tradeify 24/7 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 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 |
| Tradeify 24/7 · 2-step and 1-step | 5x | 3% | 0.6% | 27 of 30 |
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)".
Program
Stopped selling new accounts, add-ons and plans; existing accounts keep trading and getting paid, and new traders are pointed to a Tradeify Perps waitlist.
Price
Raised the $10,000 1-Step list price from $100 to $120; larger 1-Step sizes were unchanged.
Other
Began charging a fixed swap fee of 0.033% of position value a day on open positions, beside its 0.04% commission per trade, where it had charged no swap or overnight fees.
Price
Changed 1-Step list prices: $25,000 from $250 to $231, $50,000 from $420 to $431 and $100,000 from $700 to $838.
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