Kraken Prop Trading: How It Works and Whether It Is Worth It

Kraken has launched its proprietary trading service, Kraken Prop, following the acquisition of the firm previously known as Breakout. Unlike many unregulated prop firms that pose scam risks, Kraken operates as a fully regulated entity under MiCAR and MiFID standards. The service requires traders to pay an initial fee and pass a challenge while adhering to strict loss limits. While the platform is legitimate, the article emphasizes that passing these challenges is difficult and does not guarantee profits, urging traders to carefully weigh the costs and risks