Skip to content
CryptoVerified

Kraken Prop Review

Kraken's in-app crypto prop program: three 1-step plans, launched May 2026.

3.9/5 our ratingSince 2026United StatesReviewed by PickMyFirmUpdated Oct 28, 2026
Saving not confirmedDetails

Updated Oct 27, 2026 · No published end date

About Kraken Prop

Kraken Prop is a crypto prop firm founded in 2026, based in United States. It sells 3 programs — Starter, Intermediate and Advanced — with accounts from $5K to $200K and prices from $20. You trade on Own platform. Funded traders keep up to 90% of profits, paid on demand by Kraken wallet (USD or USDG).

At a glance

Cheapest plan
$20
Coupon code
SCOUT
Max split
90%
Account sizes
$5K–$200K
Evaluation
1-step
Drawdown
Static
Payouts
On demand
Platforms
1

Platforms: Own platform. Markets: Crypto spot.

What we like

  • Run inside Kraken Pro with no separate platform to install
  • No time limit, no consistency rule and no profit cap on evaluations, per Kraken
  • Payouts are requested on demand and Kraken says they arrive within 24 hours
  • Plan rules (target, daily loss, drawdown) are shown for every size before purchase

Watch out for

  • Evaluation fees are non-refundable, even after passing
  • Payouts go to the Kraken account first; moving funds off Kraken follows normal withdrawal rules
  • Kraken describes the service as unregulated

Flags we checked

  • Rules for daily loss and drawdown explained in the Kraken help center
  • Launched under 6 months ago, so there is little payout history

Who can join and how to pay

Restricted countries

Residents of these countries can't sign up:

India, United Kingdom

Compare all firms by country →

Ways to pay

  • Card
  • Apple Pay
  • Google Pay

Ways to get paid

  • Kraken wallet (USD or USDG)

Kraken Prop reputation

Trustpilot

No Trustpilot page found.

Reported payout problems

None found in the last 12 months in regulator notices, news, the firm's own announcements or recent Trustpilot reviews.

Worth knowing: Kraken Prop launched on 27 May 2026, less than 6 months ago; No Trustpilot page for Kraken Prop (Kraken's exchange page covers a different product).

Kraken Prop FAQ

Is Kraken Prop legit?+

Kraken Prop has operated since 2026. Its rules, prices and payout terms are published on its own website, which we checked on Oct 28, 2026. It has no Trustpilot page. We found no reported payout denials in the last 12 months in regulator notices, news or the firm's own announcements. Things to watch: Launched under 6 months ago, so there is little payout history. No one can guarantee future payouts, so start with a smaller account and read the full terms before you buy.

How much does a Kraken Prop challenge cost?+

Plans start at $20 for a $5K account (Advanced). The largest account, $200K, costs $1,090. Use code SCOUT at checkout.

What is Kraken Prop's profit split?+

Up to 90% on Starter, Intermediate and Advanced. Some firms reach the top split only after several payouts or with a paid add-on, so check the plan's terms.

How often does Kraken Prop pay out?+

Payouts are on demand. Methods: Kraken wallet (USD or USDG).

Which countries can't join Kraken Prop?+

Kraken Prop doesn't accept residents of India and United Kingdom. Lists change, so confirm in its terms before you buy.

Which platforms does Kraken Prop use?+

Kraken Prop offers Own platform.

Does Kraken Prop allow news trading and EAs?+

News trading is allowed, EAs and bots are not stated, and holding over the weekend is allowed. Rules can differ by plan, so read the plan's terms.

Is there a Kraken Prop coupon code?+

Try SCOUT at Kraken Prop's checkout. We haven't confirmed the saving yet; the checkout shows whether it applies and your final price before you pay.

Compare with similar firms

  1. BreakoutVerified

    Kraken-owned firm with one-step crypto evaluations on its own terminal and USDC payouts.

    Rating
    4.7/5
    From
    $20
    Split
    90%
  2. BitFundedVerified

    Crypto-only firm on its own platform: 1-step, 2-step, express and instant accounts.

    Rating
    3.9/5
    From
    $39
    Split
    80%
  3. SizePropVerified

    Cayman-run perps simulator with one-phase Degen and Speedrun tests, USDT payouts.

    Rating
    4.0/5
    From
    $32
    Split
    95%