
Kraken Prop is the prop trading program of the Kraken crypto exchange, launched in May 2026 inside Kraken Pro. Traders buy a one-step evaluation and trade 60+ crypto pairs (no-expiry contracts with a flat daily swap fee) plus Nasdaq-100 and S&P 500 index contracts without leaving Kraken Pro, and funded payouts land directly in their Kraken wallet in USD or USDG. It runs on the same evaluation engine and pricing as Breakout, which Kraken acquired in 2025, with funded capital allocated by Kraken's Payward Oceanic Ltd (BVI). There is no time limit, no consistency rule and no minimum trading days, payouts are on demand with a 24-hour review guarantee, and the split is 80%, or 90% with an add-on.
EA Details: No API access: every order is placed manually in Kraken Pro.
Drawdown Basis: Equity
Drawdown Measurement: Absolute
There are no active Kraken Prop discount codes right now — we verify and update this section as soon as a new promotion goes live.
No active discount code at the moment
Check Kraken Prop’s current pricing directly, or see our offers page for the latest verified deals.
Kraken Prop offers 1-step programs with account sizes from $5K to $200K, with evaluation fees ranging from $20 to $1090.
| Challenge Model | Account Sizes | Fee From | Profit Target | Max Drawdown | Profit Split |
|---|---|---|---|---|---|
1-Step Lowest entry | 6 sizes ($5K–$200K) | $20 | 6%–12% | 3%–6% | up to 80% |
Compare every Kraken Prop challenge tier
Profit targets, drawdowns, fees and payouts side-by-side.
The most popular Kraken Prop account tiers at a glance — see the full list for every size and rule.
Verified trader feedback, payout cadence and the policies that determine how often you can withdraw profits at Kraken Prop.
The fine print that decides whether traders pass or breach. Each rule below uses Kraken Prop's specific values.
No — Kraken Prop does not enforce a consistency rule, so a single profitable day will not block your payout. This is a meaningful differentiator versus firms that cap best-day P&L.
High-impact economic releases (NFP, FOMC, CPI) are when most prop firms enforce restrictions. At Kraken Prop, news trading is permitted without restrictions.
Worked example: with an absolute balance-based drawdown, the threshold is fixed at the start of the evaluation and does not trail your equity curve as you grow the account.
EAs and bots are not permitted at Kraken Prop.
No API access: every order is placed manually in Kraken Pro.
How your account grows once you're funded with Kraken Prop, and where the profit split ceiling sits.
Where Kraken Prop outperforms typical prop firms — and where its rules are stricter than the industry average.
Kraken Prop pricing starts from $20 and goes up to $1090.
Use Kraken Prop's active discounts to lower the entry cost.
Quick answers to the most common questions traders ask about Kraken Prop.