Bitfunded vs Kraken Prop

Bitfunded and Kraken Prop are not the same product at different prices. Below is every term each firm publishes, side by side, and the differences that decide which one suits a given trader.

The difference in two lines: Kraken Prop is $19 cheaper at the entry tier ($20 against $39). Bitfunded publishes the wider maximum drawdown at $25k (10% on 2-Step against 6% on Starter). Open Kraken Prop

Published terms, Bitfunded against Kraken Prop.
TermBitfunded Kraken Prop
Cheapest evaluation$39$20
Size at that price$5,000$5,000
25k fee$124$95
Profit split80%80% (90% add-on)
Drawdown (25k)3%, 3% daily (1-Step Express)3% fixed at a set level below your starting balance, 3% in a single day (Advanced)
Profit target (25k)9% (1-Step Express)9% (Advanced)
KYCBefore payoutBefore activation
Payout railUSDTUSD to your Kraken wallet / USDG to your Kraken wallet
Payout speedWithin 24 hours of the profit split dayTypically 12 hours, guaranteed within 24
Leverage1:100Up to 5x on crypto
Allocation ceiling$150,000 USDT$200,000 across all accounts
Instruments100+ crypto pairs plus 20 TradFi pairs, both tradable on the challenge accounts; traditional pairs carry a 5-day holding limit60+ crypto pairs on perpetual-style contracts

Each drawdown above is the rule of the plan its own $25k fee buys. The rest of the ladder at that size: Bitfunded: 2-Step at $249 (10% of room) and 1-Step at $299 (6% of room); Kraken Prop: Intermediate at $150 (5% of room) and Starter at $215 (6% of room).

Which is cheaper, size by size

Kraken Prop is cheaper at 3 of the 6 sizes where both publish a price. Comparing the entry tier alone hides that: fee ladders do not scale at the same rate, so the cheaper start can become the dearer account.

Evaluation fee at each account size, Bitfunded against Kraken Prop
Account sizeBitfunded Kraken PropCheaper
$5knot sold$20-
$10knot sold$40-
$25k$124$95Kraken Prop
$50k$399$180Kraken Prop
$100k$799$330Kraken Prop
$200knot sold$660-

What the fee buys, and what it takes back

The $29 gap is 0.3 cheap attempts at the Bitfunded fee. The fee is also only the entry cost: at the headline split, Bitfunded has to make $155 of profit before the attempt has paid for itself, and $106 at Kraken Prop.

Cost and risk at the $25k size
MeasureBitfunded Kraken Prop
Fee for a $25k attempt$124$95
Fee per $1,000 of account$4.96$3.80
Profit needed to win the fee back at the headline split$155$106
Account destroyed on a bad day (drawdown in dollars)$750 (3%)$750 (3%)
Drawdown typeStaticStatic

Cost per $1,000, the break-even profit and the cost of 1% of drawdown are our arithmetic from each firm's published fee, split and limit; each drawdown figure is the firm's own percentage for the plan that fee buys, applied to a $25,000 balance.

Getting the money out

Bitfunded pays USDT, Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet. Timing is not the same either: Within 24 hours of the profit split day against Typically 12 hours, guaranteed within 24.

Worth checking against your own cash-flow: a fast rail that pays into an account you then have to move is not the same as one that lands where you spend it.

Where they actually differ

  • Kraken Prop advertises the higher split ceiling (80% (90% add-on)).
  • Verification differs: Bitfunded verifies identity before the first payout, Kraken Prop verifies identity before the account activates.
  • Payout rails are not the same: Bitfunded pays USDT, Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet.
  • top allocation, Kraken Prop: $200,000 across all accounts; Bitfunded: $150,000 USDT.

The decision rule

At $25k, if you routinely risk more than 6% of the account in a session, Kraken Prop is the one that ends the attempt, not Bitfunded. If the first attempt is a test rather than a plan, Kraken Prop at $20 costs less to be wrong about. If identity documents are the sticking point, note that Bitfunded verifies identity before the first payout and Kraken Prop verifies identity before the account activates.

Which one, and for whom

Choose Bitfunded if Traders who mostly trade coins but want a few traditional pairs on the same account, and who value coin coverage over leverage

Choose Kraken Prop if Kraken users who want a no-time-limit one-step evaluation on 60+ pairs without leaving the exchange.

Both reviews carry the specific terms and the source pages: Bitfunded review and Kraken Prop review. If a figure here has changed since it was read, email research@cryptopropfirms.com and it will be re-checked against the firm's own page.