Kraken Prop Adds S&P 500 Trading
Kraken Prop expands to the S&P 500, offering perpetual index trading with same rules and payouts.
Kraken announced that its funded trading program, Kraken Prop, now supports trading on the S&P 500 index, effective immediately. The S&P 500 joins the Nasdaq 100 as the second TradFi market on the platform, available across all evaluation and funded accounts. The announcement confirms that existing Kraken Prop users can access the new market without any changes to the program's rules, and new users can start an evaluation from $20. No action is required from current users beyond optionally searching for 'SP' in the app to trade the new market.
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Kraken Prop adds S&P 500 as a tradable market, effective August 12, 2026.
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The S&P 500 is available on all Kraken Prop evaluation and funded accounts.
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Trading rules remain unchanged: no consistency rules, no time limits, 80-90% profit split, payouts within 24 hours.
Key facts
- Kraken Prop adds S&P 500 as a tradable market, effective August 12, 2026.
- The S&P 500 is available on all Kraken Prop evaluation and funded accounts.
- Trading rules remain unchanged: no consistency rules, no time limits, 80-90% profit split, payouts within 24 hours.
- Entry for evaluations starts at $20, with wallet sizes from $5K to $200K.
- The S&P 500 is a perpetual priced off an index oracle, with no expiry or rollover.
- Max daily loss is 3%, and a maximum drawdown limit applies.
- Kraken Prop plans to add commodities next, expanding beyond equity indexes.
- The service is unregulated and evaluation fees are non-refundable.
Key timeline
Kraken announces S&P 500 availability on Kraken Prop.
S&P 500 trading goes live on Kraken Prop.
Who may be affected
- Existing Kraken Prop account holders
- New users interested in funded trading programs
Impact analysis
The addition of the S&P 500 to Kraken Prop directly expands the range of markets available to funded traders on the platform. Existing users can now trade a second major equity index without any changes to the program's rules, meaning they can diversify their trading strategies within the same framework. New users have an additional market to choose from when starting an evaluation. The perpetual nature of the S&P 500 product eliminates the need for rollovers or forced exits, which may affect trading strategies compared to futures-based products. The announcement also signals Kraken's broader multi-asset expansion, with commodities planned next, potentially increasing the platform's appeal to traders from traditional finance backgrounds. However, the announcement does not specify any changes to fees, payout processes, or risk parameters beyond what was already in place.
What the announcement does not say
The announcement does not disclose the exact oracle provider, the specific fee structure for S&P 500 trading, or whether the product is available in all jurisdictions. It also does not clarify if the 'no time limits' rule applies to all evaluation plans or if there are any hidden conditions.
Risk notes
- The service is unregulated, and evaluation fees are non-refundable once trading begins.
- Most applicants do not pass on their first attempt, and there is no guarantee of qualifying for a funded account.
- Trading involves risk, including the potential loss of the evaluation fee and any profits.
- The S&P 500 product is a perpetual, not a standardized futures contract, which may have different risk characteristics.
- This article is for verification of the exchange's official announcement only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Do I need to do anything to access the S&P 500 on Kraken Prop?
If you already have a Kraken Prop account, the S&P 500 is simply one more market on it. You can search 'SP' in the app to find it. No other action is required.
Are the rules different for trading the S&P 500?
No, the rules are exactly the same as for other Kraken Prop markets, including no consistency rules, no time limits, 80-90% profit split, and payouts within 24 hours.
Is the S&P 500 a futures contract?
No, it is a perpetual priced off an index oracle that tracks the same 500 large-cap US companies as the benchmark. It has no expiry, no rollover, and no forced exit.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.