Every rule below comes from Kraken's own support articles, linked and dated. Kraken publishes more detail than most crypto prop firms — and one cost that most traders forget.
Last checked against support.kraken.com: 14 October 2026“My daily limit only counts losing trades.”
Kraken Prop counts realized losses, open losses, commissions (0.04% per side) and margin funding (0.033% per day, charged every 4 hours) against the same 3% daily limit — and resets it at 00:30 UTC, not midnight.
A $100,000 position held for a day costs about $33 in funding alone, every day, before the price moves. Kraken's own example:
Sources: Maximum Daily Loss (MDL) Explained, Plans & Pricing.
| This page | Risk Desk ($39) | |
|---|---|---|
| Firms | Kraken Prop only | HyroTrader, Propr, Velotrade, Kraken + custom rules |
| Position size | You enter it, we check it | Calculated from your risk %, fees included |
| Largest size that still fits | — | Yes |
| Positions already open | Not counted | Worst case with every open stop hit |
| Your own stop line before the firm's floor | — | Set your buffer, e.g. stop at 75% of the limit |
| Reset countdown, saved inputs | — | Yes |
| Works offline, on your phone | Needs this page | One file, no internet needed |
| Rule updates | — | New version emailed when a firm changes its rules |
| Rule | What it means in practice | Status | Source |
|---|---|---|---|
| Daily loss (MDL) | 3% of your balance at 00:30 UTC, on every plan except Lite. Recalculated daily. | Official | MDL Explained |
| Daily breach check | Equity touches or drops below the limit. Open losses, commissions and margin funding count, in real time. No warning before the breach. | Official | MDL Explained |
| Balance at reset | The article says “balance” but doesn't say whether open P&L at 00:30 is included. | Not stated | MDL Explained |
| Max drawdown | Static from the starting balance: Starter 6%, Intermediate 5%, Advanced 3%. Exact values for your plan are shown on the purchase screen. | Official | Lite plan comparison table |
| Lite plan | $50K only, no daily limit. Floor trails $1,500 below the highest CLOSED balance, updated once a day at 00:30 UTC; equity is checked against it continuously. Payouts lower the high point. | Official | Kraken Prop Lite |
| Profit targets ($50K) | Starter 10%, Intermediate 12%, Advanced 9%, Lite 6%. | Official | Comparison table |
| Fees | Commission 0.04% per side. Margin funding 0.033% per day on open margin positions, every 4 hours, long and short. | Official | Plans & Pricing |
| Account limit | Active funded plus evaluation balances up to $200,000 in total. | Official | Plans & Pricing |
| Profit split | 80/20 by default; 90/10 can be added only at purchase. | Official | Plans & Pricing |
| Hedging across accounts | Opposite positions across your own accounts — including correlated assets — are prohibited. Penalty: closure of ALL your accounts. Checked when you request a payout. | FAQ + contract | Breakout FAQ, incorporated into the Funded Trader Agreement via §5(z) |
Opposite positions across your accounts, even in correlated coins, close all of them — and it is checked at payout, after you have done the work.
If your bot or spreadsheet resets at midnight, it gives you 30 minutes of room that doesn't exist — and takes it away for the first 30 minutes of the real day.
Funding is charged every 4 hours whether you are long or short. A multi-day hold slowly eats the daily limit even if the price stands still.
Open profit doesn't lift it, but open losses still breach it. And it only moves once a day, at 00:30 UTC.
14 Oct 2026 — First check against Kraken support articles (MDL Explained, Plans & Pricing, Kraken Prop Lite). Open question: does the 00:30 UTC balance snapshot include open P&L? Cross-account hedging rule from the Breakout FAQ (part of the contract via FTA §5(z)).