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
    Buy
  • Tradeify 24/7

    United States

    From
    Not stated
    Challenges
    0
    Accounts
    Not stated
    Not sold

Where they differ

Country
Kraken PropBritish Virgin Islands
Tradeify 24/7United States

Every rule, side by side

RuleKraken PropTradeify 24/7
The firm
CountryBritish Virgin IslandsUnited States
FoundedMay 2026Not stated
Years in operationUnder 1Not stated
PlatformsKraken ProDXtrade, MetaTrader 5
Trades onKraken Pro (web and mobile app), on a simulated Prop accountDXtrade, MetaTrader 5 (not available to US traders), simulated accounts
MarketsCrypto, index and commodityCrypto (100+ pairs; not perps), plus tokenized stocks, indices and commodities
Some trades on-chainNoNo
Rules
Model1-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 target10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite)10% phase 1 / 5% phase 2 (2-step); 12% (1-step); none on Instant Funding
Daily loss limit3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite3% on every account, from the previous day's 22:00 UTC closing balance, checked against live equity
Maximum drawdown6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite6% 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 leverageUp 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 split80%; 90% with an add-on bought at purchase for 20% of the plan price80%; 95% with a paid add-on
PayoutsOn 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 LiteOn 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 pricefrom $20 for a $5,000 account (Advanced)Not sold: purchases of new accounts closed in October 2026
Minimum daysNoneNone to pass; 3 profitable days before the first payout (2-step)
Consistency ruleNone20% for payouts (Instant Funding); none (1-step, 2-step)
US tradersYes (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 refundNoNo
News tradingAllowed (its Prop page sets no restriction on trading strategy)Allowed
Weekend holdingAllowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite)Allowed
Current offerNone nowNone now
Rules checkedNovember 10, 2026October 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

AccountKraken PropTradeify 24/7
Sizes only one sells
$5K$20Advanced3 challenges at this sizeNot sold
$10K$40Advanced3 challenges at this sizeNot sold
$25K$95Advanced3 challenges at this sizeNot sold
$50K$139Lite4 challenges at this sizeNot sold
$100K$330Advanced3 challenges at this sizeNot sold
$200K$660Advanced2 challenges at this sizeNot sold

Every Kraken Prop challengeEvery Tradeify 24/7 challengeEvery firm's challenges

Current offers

Kraken Prop

No code seen in the last seven days.

Buy
Tradeify 24/7

No code seen in the last seven days.

Not sold

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 programBitcoin capDaily limitMove that uses it upDays Bitcoin moved that far
Kraken Prop · Starter, Intermediate and Advanced10x3%0.3%30 of 30
Tradeify 24/7 · 2-step and 1-step5x3%0.6%27 of 30

Recent rule changes

Kraken Prop
  1. 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.

    Firm's pageArchived Jul 12, 2026

  2. 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)".

    Firm's page

Tradeify 24/7
  1. 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.

    Firm's page

  2. Price

    Raised the $10,000 1-Step list price from $100 to $120; larger 1-Step sizes were unchanged.

    Firm's page

  3. 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.

    Archived Jun 8, 2026Firm's page

  4. 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.

    Archived Aug 22, 2026Archived Oct 2, 2026

All 12 Tradeify 24/7 changes

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