Crypto Fund Trader vs Kraken Prop – Prop Firm Comparison
Published: · Last updated:
Introduction
When comparing prop trading firms, Crypto Fund Trader and Kraken Prop each offer distinct paths to funded trading. Crypto Fund Trader is based in Zug, Switzerland, founded in 2021 and launched in November 2022, and is known for 556 crypto instruments, the deepest crypto menu we cover, with a Bybit route that reaches a real matching engine. Kraken Prop is based in the British Virgin Islands, through Payward Oceanic Ltd, launched as the Kraken rebrand of the acquired firm Breakout, and stands out for running inside Kraken Pro and settling payouts to a Kraken wallet in under 24 hours. Both are crypto-first operations, but their evaluation structures, drawdown models, pricing and payout terms differ in ways that suit different trader profiles.
Quick Facts
Program Types
| Program | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Entry Level Program | 2-Phase Challenge | Yes |
| Advanced Program | 1-Phase Challenge | Yes |
| Scaling Options | Instant doubles at 10% profit; published ceiling $1.28M | — |
| Demo Account | Yes | No |
Rules & Assessment
| Criteria | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Profit Target | Evaluation Programs and Drawdown — 2-Phase: 8% then 5% Evaluation Programs and Drawdown — 1-Phase: 10% Evaluation Programs and Drawdown — Instant: 10% (for double-ups) Evaluation Programs and Drawdown — Break: 5-6% | How it works, and what you actually buy — Starter: 10% How it works, and what you actually buy — Intermediate: 12% How it works, and what you actually buy — Advanced: 9% |
| Maximum Drawdown | Evaluation Programs and Drawdown — 2-Phase: 10% Evaluation Programs and Drawdown — 1-Phase: 6% Evaluation Programs and Drawdown — Instant: 6% Evaluation Programs and Drawdown — Break: 3-4% | How it works, and what you actually buy — Starter: 6% How it works, and what you actually buy — Intermediate: 5% How it works, and what you actually buy — Advanced: 3% |
| Minimum Trading Days | Standard evaluations 0; Break cards 1; older evaluation page conflicts at 5 | 0 |
| News Trading | Standard allowed; Ascend restricts new/increased risk ±2 minutes around high-impact news/openings | Yes |
| Daily Loss Limit | Evaluation Programs and Drawdown — 2-Phase: 5% Evaluation Programs and Drawdown — 1-Phase: 4% Evaluation Programs and Drawdown — Instant: 4% Evaluation Programs and Drawdown — Break: - | How it works, and what you actually buy — Starter: 3% How it works, and what you actually buy — Intermediate: 3% How it works, and what you actually buy — Advanced: 3% |
| Drawdown Type | Evaluation Programs and Drawdown — 2-Phase: Static (fixed to initial balance) Evaluation Programs and Drawdown — 1-Phase: Trailing (locks once account is +6%) Evaluation Programs and Drawdown — Instant: Static Evaluation Programs and Drawdown — Break: Trailing (3% or 4% of highest balance by account size) | — |
Fees & Pricing
| Option | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Crypto $2.5K Account | Instant Evaluation / USD 125 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Not listed in review pricing source |
| Crypto $5K Account | 2 Phases Evaluation / USD 58 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 40 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 45 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Instant Evaluation / USD 240 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Starter / USD 45 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 33 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 20 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $10K Account | 2 Phases Evaluation / USD 110 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 80 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 90 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Instant Evaluation / USD 475 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Starter / USD 85 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 65 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 40 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $25K Account | 2 Phases Evaluation / USD 240 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 219 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 225 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Break Evaluation / USD 70 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Starter / USD 215 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 150 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 95 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $50K Account | 2 Phases Evaluation / USD 389 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 369 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 450 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Break Evaluation / USD 139 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Starter / USD 400 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 280 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 180 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $100K Account | 2 Phases Evaluation / USD 660 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 619 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 899 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Break Evaluation / USD 199 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Starter / USD 800 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Intermediate / USD 545 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 330 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Crypto $200K Account | 2 Phases Evaluation / USD 1250 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 1 Phase Accelerated / USD 1199 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 Ascend Evaluation / USD 1798 / One-time Official Crypto Fund Trader product-card base list price from the live homepage. Platform choices shown by the firm: MetaTrader 5, Match-Trader, and BYBIT. Reduced or partner pricing was not used. Source Checked 2026-08-11 | Intermediate / USD 1090 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 Advanced / USD 660 / One-time Official Kraken Prop base evaluation fee. 90% profit-split upgrade price excluded. Source Checked 2026-08-10 |
| Refund Policy | 14-day money-back guarantee if no positions opened | non-refundable once trading begins |
| Coupons / Discount | Crypto Fund Trader discount | Kraken Prop discount |
Platforms & Markets
| Feature | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Trading Platforms | Match-Trader, MetaTrader 5 | Kraken Pro |
| Forex | Yes | No |
| Stocks | Yes | No |
| Indices | Yes | No |
| Commodities | Yes | No |
| Cryptocurrencies | Yes | Yes |
| Bonds | — | No |
| EA/Algo Trading | Permitted with restrictions; HFT, tick scalping and arbitrage prohibited | No |
Payout
| Feature | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Payout Terms | Standard: 15 traded days or 30 calendar days; weekly add-on 7 traded days; special models differ; up to 48 business hours review | On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet |
| See all prop firm payouts → | ||
Verdict
| Key Element | Crypto Fund Trader | Kraken Prop |
|---|---|---|
| Strengths | Crypto-focused platform choices; static 2-Phase option; no standard evaluation deadline; bank/crypto rewards | Real infrastructure via Kraken Pro, one-off fee, no time limits or consistency rules, fast payouts to Kraken wallet, $50 minimum payout |
| Weaknesses | Profit caps; reward discretion; trailing 1-Phase loss limit; model-specific rules and paid add-ons | Unregulated BVI operator, notional capital can be B-booked, tight drawdowns, 90% split is paid add-on, crypto-only, third-party strategies prohibited |
| Best For | Crypto-focused traders who match their strategy to platform, leverage and reward requirements | Crypto traders seeking fast single-phase evaluation with direct wallet payouts |
Frequently asked questions
What should I know about Crypto Fund Trader’s programs?
Crypto Fund Trader offers simulated evaluations including 1-Phase and 2-Phase, plus special Break, Ascend and Instant models with separate requirements. Crypto Fund Trader official rules.
What should I know about Kraken Prop’s programs?
Kraken Prop was founded in 2026 and carries a JoinProp Rating of 8.5 out of 10. Our comparison table lists a 1-phase evaluation, a 9-12% depending on plan profit target and a maximum funded account of $200,000. Trading platforms are listed as Kraken Pro. On the same table a demo account is not offered and an entry level program is available. Confirm the current terms for the exact account you buy before you fund it.
How do payouts differ between Crypto Fund Trader and Kraken Prop?
The general 1-Phase/2-Phase reward conditions require 15 traded days or a 30-calendar-day cycle. A weekly add-on allows requests after seven traded days. Break instead has on-demand eligibility after its evaluation and activation fee, subject to its rules. Crypto Fund Trader official rules.
Kraken Prop lists a profit split of 80/20 standard; 90/10 paid upgrade. Its payout terms are listed as On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet.
Which account rules matter when comparing Crypto Fund Trader and Kraken Prop?
Break final-stage accounts have a 40% consistency rule. KYC must be approved and all trades closed before a reward request. Special program rules should not be replaced by a single firm-wide payout schedule. Crypto Fund Trader official rules.
Kraken Prop applies 3-6% depending on plan as its maximum drawdown. It also lists a 9-12% depending on plan profit target and no minimum trading days. On this firm news trading is permitted and EAs and algorithms are not permitted.
Is Crypto Fund Trader or Kraken Prop automatically the better choice?
No, neither firm is the automatic pick, and the honest answer depends on how you actually trade.
Crypto Fund Trader Strengths: 556+ crypto instruments and 80% profit split. Watch-outs: Lacks regulatory oversight and Prone to market manipulation. Best suited to: Crypto-focused traders seeking high profit splits and flexible evaluation options.
Kraken Prop Strengths: Real infrastructure via Kraken Pro and one-off fee. Watch-outs: Unregulated BVI operator and notional capital can be B-booked. Best suited to: Crypto traders seeking fast single-phase evaluation with direct wallet payouts.
Which one wins for you depends on how each firm measures drawdown, what the account actually costs once resets and add-ons are included, and the evaluation objectives on the exact size you buy, rather than on the headline numbers. Check both sets of current terms before you fund an account.
What makes Crypto Fund Trader stand out among prop firms?
Crypto Fund Trader is based in Zug, Switzerland, founded in 2021 and launched in November 2022, and is best known for 556 crypto instruments, the deepest crypto menu we cover, with a Bybit route that reaches a real matching engine. With an 80 profit split and a 2-Phase, 1-Phase, Instant Evaluation evaluation, it is aimed at crypto-focused traders seeking high profit splits and flexible evaluation options.
How does Kraken Prop differ from Crypto Fund Trader?
Kraken Prop is based in the British Virgin Islands, through Payward Oceanic Ltd, launched as the Kraken rebrand of the acquired firm Breakout, and differentiates itself through running inside Kraken Pro and settling payouts to a Kraken wallet in under 24 hours. With an 80/20 standard; 90/10 paid upgrade profit split and a 1-step evaluation, it is particularly suited to crypto traders seeking fast single-phase evaluation with direct wallet payouts.
Which firm offers better payouts, Crypto Fund Trader or Kraken Prop?
Crypto Fund Trader offers an 80 profit split with Weekly, processed within 48 business hours; bank transfer or crypto. Kraken Prop offers an 80/20 standard; 90/10 paid upgrade profit split with On demand, under 12 hours, guaranteed within 24 hours; $50 minimum; direct to Kraken wallet. The better choice depends on whether you prioritise split percentage or payout speed.
What are the drawdown rules at each firm?
Crypto Fund Trader applies 10% fixed (2-Phase); 6% trailing (1-Phase), with a profit target of 8% (Phase 1), 5% (Phase 2) for 2-Phase; 8% for 1-Phase. Kraken Prop applies 3-6% depending on plan, with a profit target of 9-12% depending on plan. Crypto drawdowns are tighter than the forex norm because the underlying asset is more volatile.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. Crypto Fund Trader is best suited to crypto-focused traders seeking high profit splits and flexible evaluation options, while Kraken Prop is better aligned with crypto traders seeking fast single-phase evaluation with direct wallet payouts. New traders should start with the smallest available account size and read the full rulebook before committing.
What happens if I fail the evaluation at either firm?
Reset and retry terms vary between crypto prop firms, and neither firm penalises future attempts based on a previous failure. Check the current reset pricing and refund terms on each firm official site before buying, because these change often.
Conclusion and Final Recommendation
Choose Crypto Fund Trader if you want a larger funded ceiling at $300K, coverage of forex, stocks, indices and commodities that the other does not offer and a demo account to test the platform first. Choose Kraken Prop if a higher profit split, up to 90%, no minimum trading days and a cheaper entry, from USD 45 matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
How We Compared Crypto Fund Trader and Kraken Prop
Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.