News
Kraken Launches Prop Program Offering Up to $200K in Firm Capital
Crypto exchange Kraken enters the funded-trader market with a skill-test evaluation funding traders up to $200,000.
Kraken has launched Kraken Prop, a funded-trader program offering up to $200,000 in firm capital to traders who pass a skill-based evaluation. The move marks one of the most notable crypto-native entries into the prop trading space, putting a regulated exchange directly into competition with established forex and futures prop firms. Kraken Prop joins a growing wave of exchanges experimenting with capital-allocation programs as a way to deepen platform liquidity and acquire active traders.
Popular firms
Apex Trader Funding
Austin, USA
- Model
- Evaluation-Based Funding
- Split
- 100%
- Payouts
- Bi-weekly (up to 2 per month, every 8 days)
- Max
- $300,000
Topstep
Chicago, USA
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- Weekly (after 5 profitable days)
- Max
- $150,000
FTMO
Prague, Czech Republic
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- On-demand (default 14 days, weekly available)
- Max
- $200,000
My Funded Futures
Charlotte, USA
- Model
- Evaluation-Based Funding
- Split
- 90%
- Payouts
- Bi-weekly (every 14 days)
- Max
- $150,000
FundedNext
Dubai, UAE
- Model
- Evaluation-Based Funding
- Split
- 95%
- Payouts
- Weekly (Stellar) / on-demand
- Max
- $400,000
Jane Street
New York, USA
- Model
- Firm Capital Model
- Split
- 50%
- Payouts
- Salary + discretionary bonus
- Max
- Internal capital only — no external trader accounts
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