Kraken Funded lets you trade with Kraken's capital instead of your own. Pay a one-time challenge fee, take a trading challenge, and if you pass, you keep trading that same capital and can withdraw once you pass the minimum profit amount of $20 in profit.
One fee per challenge: $20 for the $1K plan, $50 for $5K, or $90 for $10K. The fee is non-refundable. Beyond that, there are no trading commissions during the challenge or in the funded account, and no withdrawal fees.
Grow the starting balance by 12%. On the $1K plan, that means reaching $1,120. There's no time limit and no minimum number of trades. The challenge ends the moment you hit the target.
The only money you risk is the challenge fee. Your main Kraken balance stays untouched. This isn't borrowing. There's no loan, no interest, and your personal assets are never at risk. Your downside is capped at the fee, and there's no cap on how much you can withdraw over time. The fee is non-refundable.
The challenge ends if the balance drops more than 5% from the starting balance. You lose nothing beyond the challenge fee since the balance was Kraken's capital, not yours. You can start a new challenge at any tier whenever you're ready.
Withdraw profits from the funded account any time. Sell any open positions back to USD first and make withdrawals in USD. 80% of the profits transfers to your main Kraken account; Kraken keeps 20%. Most withdrawals arrive within 24 hours. Profits you've already withdrawn are yours to keep, even if the funded account later closes.
50+ major cryptocurrencies, including Bitcoin and Ethereum. The interface is familiar if you already use the Kraken app. The list is more curated than your main account and you'll see exactly what's available inside the Kraken Funded tab.
Completely. Nothing you do inside Kraken Funded affects your main balance. The capital in the challenge is Kraken's, not yours. The only things that touch your main account are the challenge fee and profit withdrawals. Kraken Funded is operated by Payward Oceanic Ltd. (BVI).
