Kraken Launches Prop Trading Programme

Funded Capital

$200,000

Maximum capital accessible to traders under the Kraken Prop program.

Profit Retention

80%-90%

Percentage of profits that traders can keep, depending on their chosen upgrade option.

Evaluation Fee

$20

Upfront fee required to access funded capital in the program.

§ 01 Executive Snapshot

What: Kraken has launched a proprietary trading program called Kraken Prop.
Who: Kraken, cryptocurrency exchange; skilled traders participating in the program.
Why it matters: The program offers traders access to significant capital with flexible terms, enhancing trading opportunities for both experienced and new participants.

Traders can access firm capital up to $200,000 by participating in the Kraken Prop program.
Participants retain 80%-90% of any profits generated, with an upgrade option to increase profit share to 90%.
The evaluation fee for accessing funded capital starts at $20, with no time limits on completing the evaluation.

The program follows a long-established trading model where traders use a firm's capital, reducing personal financial risk.
Kraken’s offering is positioned as more flexible than competitors, addressing common limitations like time constraints and profit caps.

Immediate market consequences may include increased trading activity on Kraken, attracting more users to the platform.
Long-term implications could involve establishing Kraken as a leader in the prop trading space, appealing to both new and experienced traders.

Potential risks include market volatility affecting traders’ performance and the need for effective risk management strategies.
Competition from other trading platforms may impact the attractiveness of Kraken Prop if they introduce similar or better offerings.

Watch for the number of traders enrolling in the program and the volume of trades executed under Kraken Prop in the coming months.
Future developments to monitor include any adjustments to the profit-sharing model or changes in leverage options offered to traders.

§ 07

What is the Kraken Prop program?

The Kraken Prop program is a proprietary trading initiative launched by Kraken that allows skilled traders to access significant capital for trading.

Who can participate in the Kraken Prop program?

The program is open to skilled traders, including both experienced and new participants.

How much capital can traders access through Kraken Prop?

Traders can access firm capital up to $200,000 by participating in the Kraken Prop program.