Kraken Prop vs Upscale 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
- Upscale
Seychelles · Founded March 2025
- From
- $59
- Challenges
- 51
- Accounts
- $5K to $200K
Kraken Prop
UpscaleWhere they differ
- Cheapest challenge
- Kraken Prop$20 ($5K Advanced)
- Upscale$59 ($5K Basic, RWA)
- Daily loss limit
- Kraken Prop3%, or none on some
- Upscale3% to 5%, or none on some
- Maximum loss
- Kraken Prop3% to 6% static or trailing
- Upscale6% to 10% static or trailing
- Bitcoin leverage
- Kraken Prop10x
- Upscale2x to 5x
- Steps
- Kraken Prop1-step
- UpscaleInstant, 1-step and 2-step
- Challenges
- Kraken Prop18
- Upscale51
- US traders
- Kraken PropYes
- UpscaleNo
- Country
- Kraken PropBritish Virgin Islands
- UpscaleSeychelles
- Founded
- Kraken PropMay 2026
- UpscaleMarch 2025
Every rule, side by side
| Rule | Kraken Prop | Upscale |
|---|---|---|
| The firm | ||
| Country | British Virgin Islands | Seychelles |
| Founded | May 2026 | March 2025 |
| Years in operation | Under 1 | 1 |
| Platforms | Kraken Pro | Upscale web terminal, Telegram Mini App, Upscale API |
| Trades on | Kraken Pro (web and mobile app), on a simulated Prop account | own platform (TradingView-based terminal, oracle-priced perpetual contracts) |
| Markets | Crypto, index and commodity | Crypto, FX, commodity, index and stock |
| Some trades on-chain | No | No |
| Rules | ||
| Model | 1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000) | 2-phase (Basic) or 1-phase (Accelerated) evaluation; instant funding (Turbo) |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $5K, $10K, $25K, $50K, $100K, $200K |
| Profit target | 10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite) | Basic: 5% phase 1 / 8% phase 2; Accelerated: 10%; Turbo: none |
| Daily loss limit | 3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite | 5% (Basic) / 3% (Accelerated) / none (Turbo), from start-of-day balance, reset 00:00 UTC |
| Maximum drawdown | 6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite | 10% static (Basic; 8% at Phase 2 and funded on $200,000 Basic challenges bought since July 2026) / 6% static (Accelerated) / 6% trailing from highest balance (Turbo); funded static limits re-base on the balance left after each payout |
| 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) | Basic and Accelerated: 100x forex, 15x US indices, 10x gold, silver, natural gas, copper, GER40, EU50 and KR200, 5x crypto, stocks and WTI; Turbo: 30x forex, 5x gold, silver and US indices, 3x natural gas, copper, GER40, EU50 and KR200, 2x crypto, stocks and WTI |
| Profit split | 80%; 90% with an add-on bought at purchase for 20% of the plan price | 80%; 90% with an upgrade bought with the challenge |
| 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 | Every 14 calendar days with at least 5 profit days; per-cycle cap of 15%-50% of account size; USDT on TON, Base or BSC |
| Starting price | from $20 for a $5,000 account (Advanced) | from $69 for a $5,000 crypto Basic account ($59 for the RWA version) |
| Minimum days | None | 3 profit days of 0.5%+ (Basic Stage 1, Accelerated); 5 (Basic Stage 2, each payout) |
| Consistency rule | None | No day at 30%+ of profit (Turbo, API accounts); none (Basic, Accelerated) |
| US traders | Yes (crypto only for US clients; not offered in Canada or India) | No per its terms of use (its FAQ says it is available worldwide) |
| Fee refund | No | Only at the firm's discretion, per its terms of use |
| News trading | Allowed (its Prop page sets no restriction on trading strategy) | Allowed; US stocks and Forex go close-only 5 min around US macro releases |
| Weekend holding | Allowed (margin funding of 0.033% a day applies; 0.013% a day on XYZ100 and SP500 on Lite) | Allowed; index positions opened or increased late Friday are closed in full |
| Current offer | None now | None now |
| Rules checked | November 10, 2026 | November 2, 2026 |
Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9Upscale: source 1source 2source 3source 4source 5source 6source 7source 8source 9
Prices at each account size
| Account | Kraken Prop | Upscale |
|---|---|---|
| Sizes both sell | ||
| $5K | $20Advanced3 challenges at this size | $59Basic, RWA9 challenges at this size |
| $10K | $40Advanced3 challenges at this size | $99Basic, RWA9 challenges at this size |
| $25K | $95Advanced3 challenges at this size | $219Basic, RWA9 challenges at this size |
| $50K | $139Lite4 challenges at this size | $349Basic, RWA9 challenges at this size |
| $100K | $330Advanced3 challenges at this size | $699Basic, RWA9 challenges at this size |
| $200K | $660Advanced2 challenges at this size | $1,299Basic, RWA6 challenges at this size |
Every Kraken Prop challengeEvery Upscale 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 |
| Upscale · Accelerated | 5x | 3% | 0.6% | 26 of 29 |
| Upscale · Basic | 5x | 5% | 1% | 18 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)".
Other
Changed its news trading rule from "Allowed; US stocks go close-only 5 min around US macro releases" to "Allowed; US stocks and Forex go close-only 5 min around US macro releases".
Account sizes
Added $50,000 and $100,000 Turbo accounts, at $1,499 and $2,999 for crypto; Turbo had stopped at $25,000.
Markets
Added 15 markets: nine US stocks, three South Korean stocks, the Korea 200 index, natural gas and copper.
Other
Began closing US index positions opened or added to between 19:00 and 21:00 UTC on a Friday at 20:59 UTC, so they are not held over the weekend.
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