Getting Started: Your First Evaluation

New to Kraken? Click "Sign Up" and complete basic verification, just your email and country. That's all you need to purchase an evaluation with a credit card.

Existing Kraken user? If you already have a Kraken account with at least basic verification, you're ready to go. If you'd like to pay using your Kraken balance instead of a credit card, you'll need to be verified.

Kraken Pro Web:

Click the Kraken Prop button in the left-side panel, or click here.

Kraken Pro App:

Open the Kraken Pro App, then tap the More button in the bottom-right corner. Then, tap Prop Trading.

Select an account size that fits your trading style. Plans are available from $5,000 up to $200,000. Each plan has defined risk parameters (MDL, MDD, and profit target), you can review these on the plan selection screen or in the Kraken Prop Plans & Pricing article.

You'll also have the option to add a 90/10 profit split upgrade for an additional 10% of the base plan price. This increases your share of profits on the funded account from 80% to 90%.

Kraken Pro web:

On the Kraken Prop page, scroll down to the table displaying each plan and wallet size. First, pick the wallet size that you’d like to trade with, then click Select for the plan you’d like to purchase an evaluation for.

Kraken Pro App:

Tap Buy new evaluation, then Buy an evaluation. A popup will appear allowing you to select your experience level and the wallet size. Create the plan you’d like to evaluate for, then tap Continue.

Before completing your purchase, you'll need to review and accept:

• Terms of Service and Privacy Policy

• Evaluation Agreement and Program Rules

• Refund and Chargeback Policy

You may also upgrade to a 90/10 profit split, this is where you pay 20% additional on the evaluation fee to take more profits in your funded account. (Assuming evaluation is passed)

Choose your payment method:

• Credit card

• Apple Pay

• Google Pay

• Kraken balance (USD)

After payment is confirmed, your evaluation trading account is created automatically. You'll see a confirmation screen with your account details.

To access your new evaluation account:

Kraken Web:

1. Click the Pro button at the top-left of the Kraken Pro interface.

2. Select your new evaluation account.

3. You're now on the Prop trading terminal, place your first trade.

Your evaluation account will appear alongside your primary Kraken account in the account switcher. You can switch between them at any time.

Kraken Pro App:

1. Hold down (long press) the Pro tab in the bottom-left corner of the screen.

2. Tap Prop trading

3. Select your evaluation account.

You are now in the Prop trading mode, the Kraken Pro App will adjust to accommodate the separate portfolio.

Once you switch to your Prop account, the trading terminal shows:

• Market selector: Choose which pair to trade.
• Chart: Price chart with OHLC candlestick data.
• Order book: Live bid/ask prices.
• Order form: Place market, limit, stop loss, or take profit orders.
• Portfolio widget: Your balance, equity, P&L, MDL remaining, MDD remaining, margin usage.
• Tables: Open orders, trades, closed orders, and positions.

You're all set. Good luck!