In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

Managing Positions

Managing positions on your Kraken Prop account follows the same process as on Kraken Pro. The Positions table shows your open positions, and you can close them the same way you would on any Kraken Pro account.

The Overview page (accessible from the left sidebar) shows all of your Prop trading wallets in a single table. This is the best place to get a high-level view of all your accounts at once.

The table is split into two sections:

Funded: Your active funded accounts. Each row shows the account name, status, total equity, UP&L, RP&L (realized profit and loss), target profit, drawdown limit, daily loss limit, and available payout. Active funded accounts show a green Active badge. You can click the arrow on the right to navigate directly to that account's Trade or Portfolio page. A green checkmark icon indicates an account that is eligible for payout.

Closed: Evaluation and funded accounts that are no longer active. Each row shows the same columns. Statuses include Passed (evaluation completed successfully) and Archived (breached or otherwise closed). Closed accounts display their final metrics for reference.

You can also click Buy new evaluation in the top right corner to purchase a new evaluation directly from this page.

The Portfolio page gives you a detailed view of the currently-viewed Prop account's performance and positions.

Equity chart: At the top of the page, you'll see your Total equity and Unrealized P&L (UP&L) displayed as headline numbers. Below them is a performance chart that you can toggle between:

  • Value - Shows your account value over time.
  • P&L - Shows your profit and loss over time.
  • Total value - Shows total account value.

You can adjust the time range using the buttons in the top right of the chart: 1W, 1M, 3M, 6M, 1Y, or All.

Details panel: On the right side of the Portfolio page, the Details panel shows the same fields as the Portfolio widget on the Trade page:

  • Balance
  • Total equity
  • UP&L
  • Daily loss limit
  • Drawdown limit
  • Used margin
  • Available margin
  • Margin level %
  • Available for payout (funded accounts only)

Below the Details panel, funded accounts show a Request payout button.

Open positions: Below the chart, the Open positions table shows all your currently open positions. Each row includes:

  • Market (trading pair with icon)
  • Side (Buy or Sell)
  • Open quantity
  • Opening price
  • Current price
  • Value (current notional value)
  • UP&L
  • TP/SL (take profit and stop loss levels, with options to Add, Edit, or Remove)

You can edit a position's TP/SL directly from this table using the edit icon, or close a position using the close icon.

Closed positions: Below open positions, the Closed positions table shows your previously closed positions with:

  • Market
  • Side
  • Open quantity
  • Opening price
  • Current price
  • Value
  • RP&L (realized profit and loss)

To close a position, you can submit an opposing order (for example, a sell market order to close a long position).

Unrealized P&L counts toward your risk limits. Open positions affect your Daily loss limit and Drawdown limit in real time, not just when you close them.

Close positions before requesting a payout. On funded accounts, you must have no open positions and no open orders before you can request a payout.

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