For Traders vs Kraken Prop

For Traders 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 $21 cheaper at the entry tier ($20 against $41). For Traders publishes the wider maximum drawdown at $25k (4% trailing end-of-day (Fast PRO Crypto), no daily loss rule against 3% max drawdown and 3% daily, Advanced). Open Kraken Prop

Published terms, For Traders against Kraken Prop.
TermFor Traders Kraken Prop
Cheapest evaluation$41$20
Size at that price$3,000$5,000
25k fee$116 code TRADE15$95
Profit split90% on Fast PRO80% (90% add-on)
Drawdown (25k)4% trailing end-of-day (Fast PRO Crypto), no daily loss rule3% max drawdown and 3% daily, Advanced
Profit target (25k)6% (Fast PRO Crypto)9% (Advanced) / 12% (Intermediate) / 10% (Starter)
KYCBefore activationBefore activation
Payout railBank transfer / CryptoUSD to your Kraken wallet / USDG to your Kraken wallet
Payout speedWithin 48 hours, guaranteedTypically 12 hours, guaranteed within 24
LeverageCrypto up to 1:20 on Fast PRO, 1:5 BTC elsewhereUp to 5x on crypto
Allocation ceiling$300,000 total, $200,000 per account$200,000 across all accounts
Instruments70+ crypto pairs, 24/7 including weekends, plus FX, metals, indices and futures60+ crypto pairs on perpetual-style contracts

Which is cheaper, size by size

For Traders is cheaper at 2 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, For Traders against Kraken Prop
Account sizeFor Traders Kraken PropCheaper
$5knot sold$20-
$10knot sold$40-
$25k$116 code TRADE15$95Kraken Prop
$50k$169 code TRADE15$180For Traders
$100k$245 code TRADE15$330For Traders
$200knot sold$660-

What the fee buys, and what it takes back

Put differently, the difference is 0.2 more of the cheapest evaluation. The fee is also only the entry cost: at the headline split, For Traders has to make $129 of profit before the attempt has paid for itself, and $106 at Kraken Prop.

Cost and risk at the $25k size
MeasureFor Traders Kraken Prop
Fee for a $25k attempt$116 code TRADE15$95
Fee per $1,000 of account$4.64$3.80
Profit needed to win the fee back at the headline split$129$106
Account destroyed on a bad day (drawdown in dollars)$1,000 (4%)$750 (3%)
Drawdown typetrailingunstated

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.

The rule that ends most attempts

Kraken Prop measures drawdown from a fixed floor, while For Traders trails it - so a profitable run can leave the second account closer to its line than the balance suggests. At $25k there is $250 more room at For Traders ($1,000 against $750), which is 1.0 percentage points of the account.

Getting the money out

For Traders pays Bank transfer / Crypto, Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet. Timing is not the same either: Within 48 hours, guaranteed 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

  • Payout rails are not the same: For Traders pays Bank transfer / Crypto, Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet.
  • clearing $25k means 6% (Fast PRO Crypto) in profit at For Traders and 9% (Advanced) at Kraken Prop.
  • allocation ceiling, For Traders: $300,000 total, $200,000 per account; Kraken Prop: $200,000 across all accounts.

The decision rule

At $25k, if you routinely risk more than 3% of the account in a session, Kraken Prop is the one that ends the attempt, not For Traders. If the first attempt is a test rather than a plan, Kraken Prop at $20 costs less to be wrong about.

Which one, and for whom

Choose For Traders if Crypto traders who need weekend access and leverage above 1:5.

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: For Traders 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.