Kraken Prop vs WenCrypto rules, prices and codes side by side

Where they differ

Cheapest challenge

Kraken Prop$20 ($5K Advanced)

WenCrypto$5 ($5K Buy Now Pay Later)

Daily loss limit

Kraken Prop3%, or none on some

WenCrypto3% to 5%, or none on some

Maximum loss

Kraken Prop3% to 6% static or trailing

WenCrypto5% to 8% static

Bitcoin leverage

Kraken Prop10x

WenCrypto5x

Account sizes

Kraken Prop$5K to $200K

WenCrypto$5K to $100K

Sizes only this firm sells

Kraken Prop$25K, $200K

WenCrypto$20K

Steps

Kraken Prop1-step

WenCrypto1-step and 2-step

Challenges

Kraken Prop18

WenCrypto15

Country

Kraken PropBritish Virgin Islands

WenCryptoUnited Arab Emirates

Every rule, side by side

Rule	Kraken Prop	WenCrypto
The firm
Country	British Virgin Islands	United Arab Emirates
Founded	May 2026	Not stated
Years in operation	Under 1	Not stated
Platforms	Kraken Pro	Match-Trader
Trades on	Kraken Pro (web and mobile app), on a simulated Prop account	Match-Trader (demo accounts)
Markets	Crypto, index and commodity	Crypto only (top 100 cryptocurrencies on CoinMarketCap; not perps; stablecoins are not tradable)
Some trades on-chain	No	No
Rules
Model	1-step evaluation (Starter, Intermediate or Advanced; Lite on $50,000)	Single Pass (1-step), Double Pass (2-step) or Buy Now Pay Later (1-step, most of the fee paid after passing)
Account sizes	$5K, $10K, $25K, $50K, $100K, $200K	$5K, $10K, $20K, $50K, $100K
Profit target	10% (Starter) / 12% (Intermediate) / 9% (Advanced) / 6% (Lite)	9% (Single Pass); 10% phase 1 / 6% phase 2 (Double Pass); 4% (Buy Now Pay Later)
Daily loss limit	3% of the balance at 00:30 UTC, checked against equity (Starter, Intermediate, Advanced); none on Lite	3% (Single Pass) / 5% (Double Pass), on balance or equity, reset 00:00 UTC; Buy Now Pay Later: no limit in the evaluation, 3% at end of day once funded
Maximum drawdown	6% (Starter) / 5% (Intermediate) / 3% (Advanced), static from the starting balance; $1,500 trailing the highest closed balance on Lite	5% static (Single Pass); 8% static (Double Pass); Buy Now Pay Later: 8% static, measured end-of-day, in the evaluation, and 5% once funded (static on its pricing page, trailing end-of-day in its FAQ)
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 and ETH; 2x on other crypto
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	Every 10 business days, with KYC required to withdraw; Single Pass and Double Pass: first withdrawal capped at 6%, second at 8%, third and fourth unlimited, and the fee is refunded after three successful withdrawals
Starting price	from $20 for a $5,000 account (Advanced)	from $44 for a $5,000 account (Double Pass); Single Pass from $55; Buy Now Pay Later $5 up front and $69 after passing (list prices; a discount code was running)
Minimum days	None	3 winning days of 1%+ (Single Pass, Double Pass); none (Buy Now Pay Later)
Consistency rule	None	20% before each withdrawal (funded Buy Now Pay Later)
US traders	Yes (crypto only for US clients; not offered in Canada or India)	Not stated
Fee refund	No	After three withdrawals (Single Pass, Double Pass) per its FAQ; its terms say none
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 15, 2026

Kraken Prop: source 1source 2source 3source 4source 5source 6source 7source 8source 9WenCrypto: source 1source 2source 3source 4

Prices at each account size

Account	Kraken Prop	WenCrypto
Sizes both sell
$5K	$20Advanced3 challenges at this size	$44Double Pass3 challenges at this size
$10K	$40Advanced3 challenges at this size	$79Double Pass3 challenges at this size
$50K	$139Lite4 challenges at this size	$15+ $359 on passingBuy Now Pay Later3 challenges at this size
$100K	$330Advanced3 challenges at this size	$20+ $589 on passingBuy Now Pay Later3 challenges at this size
Sizes only one sells
$20K	Not sold	$156Double Pass3 challenges at this size
$25K	$95Advanced3 challenges at this size	Not sold
$200K	$660Advanced2 challenges at this size	Not sold

Every Kraken Prop challengeEvery WenCrypto challengeEvery firm's challenges

Current offers

Kraken Prop

No code seen in the last seven days.

Buy

WenCrypto

No code seen in the last seven days.

Buy

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
WenCrypto · Single Pass	5x	3%	0.6%	27 of 30
WenCrypto · Double Pass	5x	5%	1%	19 of 30

Recent rule changes

Kraken Prop

1. Nov 10Other

   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. Oct 26Other

   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

WenCrypto

1. Sep 30Split

   Cut the funded Buy Now Pay Later profit split from 100% to 80%.

   Archived Jul 11, 2026Archived Jul 12, 2026

2. Jul 11Program

   Added Buy Now Pay Later, a one-step challenge at $5 to $20 up front and $69 to $589 after passing, with a 4% target, an 8% drawdown, no daily loss limit in the evaluation and a 100% split once funded.

   Archived Jun 6, 2026Archived Jul 11, 2026

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