Kraken Funded Challenges Traders for Access to Larger Trading Capital

Kraken Funded is an innovative program designed to provide access to larger amounts of trading capital without requiring a large deposit. Eligible customers can pay a one-time entry fee to unlock a skill-based challenge in a simulated environment, with no real capital at risk during the test.

The challenge has three tiers, each with a different price point and funded account amount: $20 for $1,000, $50 for $5,000, or $90 for $10,000. To pass, participants must reach a profit target of 12% before losing more than 5%. There is no countdown clock, and customers can trade at their own pace.

Once the challenge is completed successfully, participants gain access to a funded account backed by Kraken's capital, allowing them to trade across 50+ cryptoassets and select stocks. The funded account comes with no trading fees, and participants keep 80% of the profits if they hit their target. Payouts are processed in USD directly to the participant's Kraken account within 24 hours.