Pass an evaluation. Get funded. Collect your payout.

Hit your targets and keep up to 90% of your gains.

Get funded

Available on

Pro

Global payouts to date

How it works

Buy an evaluation

Hit your gains target while staying within loss limits in a simulated trading environment.

Get funded

Pass the evaluation to unlock a simulated wallet of up to $200,000.

Collect your payout

Keep up to 90% of your gains and withdraw to your Kraken account at any time.

Get funded

Choose your wallet size

With our transparent pricing you can plan your limits, targets, and payouts.

Starter

Payout rate

80%–90%

Target

$500

Max daily loss

$150

Max drawdown

$300

Leverage

Up to 5x

Evaluation fee

$45

For 90% payout rate

$54.00

Select

Intermediate

Payout rate

80%–90%

Target

$600

Max daily loss

$150

Max drawdown

$250

Leverage

Up to 5x

Evaluation fee

$33

For 90% payout rate

$39.60

Select

Advanced

Payout rate

80%–90%

Target

$450

Max daily loss

$150

Max drawdown

$150

Leverage

Up to 5x

Evaluation fee

$20

For 90% payout rate

$24.00

Select

Starter

Payout rate

80%–90%

Target

$1,000

Max daily loss

$300

Max drawdown

$600

Leverage

Up to 5x

Evaluation fee

$85

For 90% payout rate

$102.00

Select

Intermediate

Payout rate

80%–90%

Target

$1,200

Max daily loss

$300

Max drawdown

$500

Leverage

Up to 5x

Evaluation fee

$65

For 90% payout rate

$78.00

Select

Advanced

Payout rate

80%–90%

Target

$900

Max daily loss

$300

Max drawdown

$300

Leverage

Up to 5x

Evaluation fee

$40

For 90% payout rate

$48.00

Select

Starter

Payout rate

80%–90%

Target

$2,500

Max daily loss

$750

Max drawdown

$1,500

Leverage

Up to 5x

Evaluation fee

$215

For 90% payout rate

$258.00

Select

Intermediate

Payout rate

80%–90%

Target

$3,000

Max daily loss

$750

Max drawdown

$1,250

Leverage

Up to 5x

Evaluation fee

$150

For 90% payout rate

$180.00

Select

Advanced

Payout rate

80%–90%

Target

$2,250

Max daily loss

$750

Max drawdown

$750

Leverage

Up to 5x

Evaluation fee

$95

For 90% payout rate

$114.00

Select

Starter

Payout rate

80%–90%

Target

$5,000

Max daily loss

$1,500

Max drawdown

$3,000

Leverage

Up to 5x

Evaluation fee

$400

For 90% payout rate

$480.00

Select

Intermediate

Payout rate

80%–90%

Target

$6,000

Max daily loss

$1,500

Max drawdown

$2,500

Leverage

Up to 5x

Evaluation fee

$280

For 90% payout rate

$336.00

Select

Advanced

Payout rate

80%–90%

Target

$4,500

Max daily loss

$1,500

Max drawdown

$1,500

Leverage

Up to 5x

Evaluation fee

$180

For 90% payout rate

$216.00

Select

Starter

Payout rate

80%–90%

Target

$10,000

Max daily loss

$3,000

Max drawdown

$6,000

Leverage

Up to 5x

Evaluation fee

$800

For 90% payout rate

$960.00

Select

Intermediate

Payout rate

80%–90%

Target

$12,000

Max daily loss

$3,000

Max drawdown

$5,000

Leverage

Up to 5x

Evaluation fee

$545

For 90% payout rate

$654.00

Select

Advanced

Payout rate

80%–90%

Target

$9,000

Max daily loss

$3,000

Max drawdown

$3,000

Leverage

Up to 5x

Evaluation fee

$330

For 90% payout rate

$396.00

Select

Intermediate

Payout rate

80%–90%

Target

$24,000

Max daily loss

$6,000

Max drawdown

$10,000

Leverage

Up to 5x

Evaluation fee

$1,090

For 90% payout rate

$1,308.00

Select

Advanced

Payout rate

80%–90%

Target

$18,000

Max daily loss

$6,000

Max drawdown

$6,000

Leverage

Up to 5x

Evaluation fee

$660

For 90% payout rate

$792.00

Select

Why try Kraken Prop

No real capital needed

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

Payouts on demand

Withdraw your gains anytime. Payouts are typically within 24 hours, and directly to your Kraken account.

Your strategy, your pace

No evaluation time limits, consistency rules, caps or restrictions on your strategy.

Proven and trusted

Over 35,000 simulated wallets funded since 2023, across many market conditions.

Kraken Prop FAQs

What is prop trading?

Prop trading (proprietary trading) is when clients trade with a company’s simulated capital instead of their own real funds. Clients are trading signals only, within a simulated environment that reflects live market conditions.

Why do I need to pay a fee?

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 real capital, the evaluation fee is your only financial risk. Kraken covers any losses beyond that.

Is the evaluation time-limited?

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

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 service is not regulated by the FCA. Kraken Prop/Funded provides a platform interface through which you can connect to an evaluation service. The evaluation is managed by Breakout Trading Group, LLC ("Breakout"). If you pass, you can choose to become an independent contractor and provide trade signals to Payward Oceanic Ltd. (BVI). Kraken acts solely as the platform interface — Kraken does not itself operate the evaluation, make execution decisions, hold funds, or guarantee any payout. If you pass the evaluation, you are providing trade signals to Payward Oceanic Ltd — you are not trading on your own behalf. Payward Oceanic exercises sole discretion over whether to act on your signals. Any payout is a discretionary performance fee, not a return on investment.

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 applicants should purchase an evaluation only if they are confident in their 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.