Kraken Prop (Breakout): complete overview, prices and conditions

Updated on 12 November 2026: the opening sentence now mentions the evaluation fee you pay yourself.

Updated on 7 November 2026: Kraken no longer excludes the United Kingdom. According to Kraken's English-language FAQ, Kraken Prop is now unavailable only in Canada and India.

Updated on 2 November 2026: since 29 October you can also trade commodities, at 0.02% commission per side; see Kraken Prop: gold and other commodities at half commission.

Updated on 11 October 2026: prices are now in US dollars, the way Kraken charges them; payouts are made in USD or USDG to your Kraken account, not directly to a wallet of your own; Kraken Prop is not available in Canada, India and the United Kingdom. The profit split, leverage and trading costs have been updated as well. With our code CRYPTOCODES you get 2% off the evaluation fee; you enter it at checkout. More on the Kraken Prop offer page.

Want to trade with large capital that you do not put up yourself? Your own stake is the evaluation fee, from 20 dollars. With Kraken Prop — in partnership with Breakout — you complete a 1-step evaluation and gain access to trading capital up to 200,000 dollars, keeping up to 90% of your profit.

In short

🎯 1-step evaluation · 💰 capital up to 200,000 dollars · 🤝 you keep up to 90% of the profit · 🏷️ evaluation from 20 dollars · ⏳ no time limit · ⚡ payouts on-demand in USD or USDG.

The wallet size (your trading capital) is in US dollars, because that is how your account is funded. The evaluation fees are in US dollars too, as Kraken shows them.

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What is prop trading?

In prop trading you trade with capital that the company provides, not with your own savings. First you take an evaluation: a test in which you show that you can trade responsibly and profitably within clear risk rules. If you pass, you get a funded account and keep a large share of the profit. Your own risk stays limited to the one-time cost of the evaluation.

More detail, with a calculator: Crypto prop trading: how it works.

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The three plans at a glance

Kraken Prop works with a 1-step evaluation: you only have to reach one profit target to get funded. You choose the level that suits your risk management and trading style.

• 🟢 Starter — the widest drawdown (6%), ideal if you want a bit more breathing room during market swings. You pay slightly more upfront. Available up to a wallet of 100,000 dollars.
• 🟡 Intermediate — a tighter loss limit and slightly higher profit target, at lower entry costs. The happy medium.
• 🔴 Advanced — the cheapest option, with the tightest rules (3% drawdown). Suitable for sharp traders with tight stop-losses.

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Prices per account size

The evaluation fees are one-time — no subscription and no hidden costs. Wallet size (trading capital) and fees in US dollars.

Amounts in US dollars, as shown by Kraken on 11 October 2026. The evaluation fee is one-time and non-refundable. Starter is available up to a wallet of 100,000 dollars.

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Which one should I choose?

💡 Tip: unsure? Start small. An Advanced 5,000 dollar costs only 20 dollars — a cheap way to learn the rules and the platform before you scale up.

• Want a safety margin? Choose Starter — the 6% drawdown gives the most room if the market moves against you.
• Looking for the best value for money? Choose Intermediate — lower costs than Starter, with still a generous 5% drawdown.
• Trade sharply with tight stops? Choose Advanced — the lowest cost, but you only have a 3% drawdown.

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The conditions in brief

• ⏳ No time limit — no maximum number of days to pass your evaluation, and no minimum number of trading days.
• 🤝 Up to 90% profit — by default you keep 80% of the profit on your funded account; for 90% you pay a 20% surcharge on the base price at purchase.
• 📈 Leverage up to 5x according to the product page; Kraken's blog of 18 August 2026 mentions up to 10x on Bitcoin and on the index markets Nasdaq 100 and S&P 500. Check the trading interface to see what applies to your market.
• 🚫 No hidden costs — upfront you only pay the one-time evaluation fee. Kraken does charge trading costs on the account: 0.04% commission per side on crypto (0.02% on commodities and indices) and a swap fee of 0.033% a day on open positions; these come out of your balance and count towards your loss limits.
• 🛡️ Static drawdown — your maximum drawdown is calculated from your starting balance and does not move with your profit (no trailing). Start with 10,000 dollars on Starter (6%)? Then your absolute floor is always 9,400 dollars.

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Payouts

After you pass the evaluation, Kraken creates a funded account for you. You can only trade once you have verified your identity, signed the Funded Trader Agreement and passed a brief manual review; after that, activation typically takes 12 to 24 hours, according to Kraken.

• ⚡ On-demand — no 30-day waiting period; you can request payouts 24/7.
• 🪙 In USD or USDG — profits go to your Kraken account as an internal transfer, not directly to an external wallet; from there you withdraw through Kraken's standard withdrawal process. Kraken typically reviews a request within 12 hours, guaranteed within 24 hours.

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How it works — in 3 steps

1. Choose your plan and account size and pay the one-time evaluation fee.
2. Reach the profit target within the risk rules (daily loss and drawdown) — without time pressure.
3. Get funded, trade on your funded account and request your profit on-demand. Under Kraken's terms your orders are simulated signals with virtual funds there too; the payouts are real.

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Ready to start?

👉 Start with Kraken Prop right away and choose the evaluation that suits you.

Disclosure: the link to Kraken Prop on our promo code page and the code CRYPTOCODES come from our partner programme with Kraken. If you buy an evaluation through that link or with that code, CryptoCode receives a fee; it does not cost you more. Trading with leverage is risky; you can lose your entire stake.