Trade with our money — not yours

You bring the strategy. We provide the capital.
You keep up to 90% of the profits.

Get funded

Availability

Pro

USA

How it works

Buy an evaluation

Reach a profit target while staying within loss limits in a simulated trading environment.

Get funded

Pass the evaluation to get a funded wallet with up to $200,000 of Kraken’s capital.

Collect profits

Once funded, keep up to 90% of gains and withdraw to your Kraken account at any time.

No capital needed

Pass the evaluation and unlock up to $200,000 in buying power without risking your own funds.

Payouts on demand

Withdraw profits anytime and get paid within 24 hours, directly to your Kraken account.

Trader-friendly rules

No time limits for the evaluation, consistency rules, profit caps or restrictions on your trading strategy.

Institutional trading environment

Trade 60+ crypto pairs with deep liquidity and advanced tools, directly within Kraken Pro.

Limited risk

Because you don’t need to deposit trading capital, you only pay for the evaluation. We cover any losses.

Proven and trusted

Over 35,000 wallets funded since 2023, with zero payout delays in all market conditions.

Choose your wallet size

Kraken Prop account size explanation table for Starter
Wallet size	$5,000 Popular	$10,000	$25,000	$50,000	$100,000
Your profit share	80%-90%	80%-90%	80%-90%	80%-90%	80%-90%
Goal	$500	$1,000	$2,500	$5,000	$10,000
Max daily loss	3%	3%	3%	3%	3%
Max drawdown	6%	6%	6%	6%	6%
Leverage	Up to 5x	Up to 5x	Up to 5x	Up to 5x	Up to 5x
Evaluation fee	$45	$85	$215	$400	$800
For 90% profit split	$54	$102	$258	$480	$960
	Select	Select	Select	Select	Select

$5,000

Popular

Your profit share: 80%-90%
Goal: $500
Max daily loss: 3%
Max drawdown: 6%
Leverage: Up to 5x
Evaluation fee: $45
For 90% profit split: $54

Select

$10,000

Your profit share: 80%-90%
Goal: $1,000
Max daily loss: 3%
Max drawdown: 6%
Leverage: Up to 5x
Evaluation fee: $85
For 90% profit split: $102

Select

$25,000

Your profit share: 80%-90%
Goal: $2,500
Max daily loss: 3%
Max drawdown: 6%
Leverage: Up to 5x
Evaluation fee: $215
For 90% profit split: $258

Select

$50,000

Your profit share: 80%-90%
Goal: $5,000
Max daily loss: 3%
Max drawdown: 6%
Leverage: Up to 5x
Evaluation fee: $400
For 90% profit split: $480

Select

$100,000

Your profit share: 80%-90%
Goal: $10,000
Max daily loss: 3%
Max drawdown: 6%
Leverage: Up to 5x
Evaluation fee: $800
For 90% profit split: $960

Select

Kraken Prop account size explanation table for Intermediate
Wallet size	$5,000 Popular	$10,000	$25,000	$50,000	$100,000	$200,000
Your profit share	80%-90%	80%-90%	80%-90%	80%-90%	80%-90%	80%-90%
Goal	$600	$1,200	$3,000	$6,000	$12,000	$24,000
Max daily loss	3%	3%	3%	3%	3%	3%
Max drawdown	5%	5%	5%	5%	5%	5%
Leverage	Up to 5x	Up to 5x	Up to 5x	Up to 5x	Up to 5x	Up to 5x
Evaluation fee	$33	$65	$150	$280	$545	$1090
For 90% profit split	$40	$78	$180	$336	$654	$1,308
	Select	Select	Select	Select	Select	Select

$5,000

Popular

Your profit share: 80%-90%
Goal: $600
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $33
For 90% profit split: $40

Select

$10,000

Your profit share: 80%-90%
Goal: $1,200
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $65
For 90% profit split: $78

Select

$25,000

Your profit share: 80%-90%
Goal: $3,000
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $150
For 90% profit split: $180

Select

$50,000

Your profit share: 80%-90%
Goal: $6,000
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $280
For 90% profit split: $336

Select

$100,000

Your profit share: 80%-90%
Goal: $12,000
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $545
For 90% profit split: $654

Select

$200,000

Your profit share: 80%-90%
Goal: $24,000
Max daily loss: 3%
Max drawdown: 5%
Leverage: Up to 5x
Evaluation fee: $1,090
For 90% profit split: $1,308

Select

Kraken Prop account size explanation table for Advanced
Wallet size	$5,000 Popular	$10,000	$25,000	$50,000	$100,000	$200,000
Your profit share	80%-90%	80%-90%	80%-90%	80%-90%	80%-90%	80%-90%
Goal	$450	$900	$2,250	$4,500	$9,000	$18,000
Max daily loss	3%	3%	3%	3%	3%	3%
Max drawdown	3%	3%	3%	3%	3%	3%
Leverage	Up to 5x	Up to 5x	Up to 5x	Up to 5x	Up to 5x	Up to 5x
Evaluation fee	$20	$40	$95	$180	$330	$660
For 90% profit split	$24	$48	$114	$216	$396	$792
	Select	Select	Select	Select	Select	Select

$5,000

Popular

Your profit share: 80%-90%
Goal: $450
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $20
For 90% profit split: $24

Select

$10,000

Your profit share: 80%-90%
Goal: $900
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $40
For 90% profit split: $48

Select

$25,000

Your profit share: 80%-90%
Goal: $2,250
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $95
For 90% profit split: $114

Select

$50,000

Your profit share: 80%-90%
Goal: $4,500
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $180
For 90% profit split: $216

Select

$100,000

Your profit share: 80%-90%
Goal: $9,000
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $330
For 90% profit split: $396

Select

$200,000

Your profit share: 80%-90%
Goal: $18,000
Max daily loss: 3%
Max drawdown: 3%
Leverage: Up to 5x
Evaluation fee: $660
For 90% profit split: $792

Select

Kraken Prop FAQ

What is prop trading?

Prop trading (proprietary trading) is when traders trade with a company’s capital instead of their own. Traders are allocated company funds, trade within set risk limits and share in the profits. The company provides the capital and absorbs trading losses.

Kraken Prop lets you trade with up to $200,000 of Kraken capital and keep up to 90% of your profits.

Start by taking an evaluation in a simulated trading environment that reflects live market conditions. If you reach the profit target without breaching the risk limits, you’ll pass the evaluation and get a funded wallet to trade with.

How does Kraken Prop differ from trading on Kraken Pro?

Kraken Prop uses the same interface and trading tools as Kraken Pro. The difference is that you trade with Kraken capital instead of your own funds.

Why do I need to pay a fee to trade?

The fee covers the evaluation. It’s a one-time cost (per evaluation) to demonstrate consistent, risk-managed trading. You don’t need to deposit trading capital — the evaluation fee is your only financial risk. Kraken covers any trading losses beyond that.

Is the evaluation time-limited?

No. Once you purchase an evaluation, your goal is to reach the profit target without breaching the risk limits. There’s no time limit, so you can trade at your own pace.

What are the risk limits?

Risk limits vary according to the plan you choose. They define the maximum loss allowed in a day or over the lifetime of an evaluation or funded wallet.

Each limit may be expressed in two ways:

Max daily loss
The maximum loss allowed in a single day from an evaluation or funded wallet, expressed as a percentage or USD value.
Max drawdown
The maximum decline allowed from the starting balance over the lifetime of an evaluation or funded wallet, expressed as a USD value.
Daily loss limit
The equity level at which an evaluation or funded wallet breaches the max daily loss rule.
Drawdown limit
The equity level at which an evaluation or funded wallet breaches the max drawdown rule.

What if I don’t pass the evaluation?

If your equity falls to or below the daily loss limit or the maximum drawdown limit, the evaluation wallet will be closed. You don’t owe any additional funds and you can buy a new evaluation at any time.

The evaluation fee is non-refundable.

This evaluation program is intentionally rigorous and designed to verify a trader’s risk-management skill and strategy discipline before any proprietary capital is allocated by Payward Oceanic Ltd. Most applicants do not pass on their first attempt and there is no guarantee that your performance will improve or that you will pass any future evaluations. Prospective traders should purchase an evaluation only if they are confident in their trading ability and knowingly accept the risk of not qualifying for a funded account. Evaluation fees are non-refundable for each attempt once trading begins, regardless of outcome.

Advanced tools

Who we serve

Trade with our money — not yours