Breakout Review

Breakout Prop Firm is a crypto-native proprietary trading firm that stands out for its transparency and strong trading platform on centralized exchanges.

The firm offers an uncompromising execution model and a modern, user-friendly interface, giving traders the tools and environment they need to thrive.

Whether you trade Bitcoin or various altcoins, Breakout Prop Firm provides tight spreads, advanced trading tools, and significant liquidity.

To get started with Breakout Prop Firm, create an account today and take part in one of their trading challenges!

Breakout Prop Firm Promo Codes

There are currently no promotional or coupon codes available for Breakout Prop Firm.

Breakout Prop Firm: Essential Information

Business Entity

Breakout Trading Group, LLC, operating as Breakout Prop Firm.

Address

The firm does not provide its address details on the website.

Established In

Breakout Prop Firm was founded in November 2023.

Registered Location

The company is registered in the United Arab Emirates.

Ownership

Breakout Prop Firm is owned by Alex Miningham.

Trading Platforms

Breakout Prop Firm’s custom-built web and mobile application, known as the Breakout Terminal, offers advanced order types, one-click trading, and built-in risk management features. This platform supports over 100 crypto assets, providing traders with a comprehensive and intuitive trading experience.

Instruments at Breakout

Breakout Prop Firm provides trading in over 100 crypto assets, offering a variety of trading opportunities. The centralized exchange setup ensures excellent liquidity, tight spreads, and clear order book depth, making trading efficient and effective.

Payment Methods at Breakout Prop Firm

Breakout Prop Firm’s website does not specify the payment methods available.

Account Sizes

Breakout Prop Firm offers a range of account sizes to meet different trading preferences and capital levels. Available account sizes include:

• $5,000
• $10,000
• $25,000
• $50,000
• $100,000

Profit Sharing at Breakout Prop Firm

Traders at Breakout Prop Firm can retain up to 90% of their profits, which is one of the most competitive profit-sharing structures in the industry. This high retention rate is intended to motivate and reward successful traders.

Profit Goals for Breakout Prop Firm

Breakout Prop Firm sets the following profit targets for each challenge phase:

Step 1 Goal:

• $5,000 account: $500
• $10,000 account: $1,000
• $25,000 account: $2,500
• $50,000 account: $5,000
• $100,000 account: $10,000

Daily Drawdown Limits at Breakout Prop Firm

Breakout Prop Firm has strict risk management rules to ensure trader discipline. The maximum daily loss and drawdown limits are:

Maximum Daily Loss:

• $5,000 account: $200
• $10,000 account: $400
• $25,000 account: $1,000
• $50,000 account: $2,000
• $100,000 account: $4,000

Maximum Drawdown:

• $5,000 account: $300
• $10,000 account: $600
• $25,000 account: $1,500
• $50,000 account: $3,000
• $100,000 account: $6,000

Trading Evaluation Period

Breakout Prop Firm does not impose any time limits on the evaluation process, creating a relaxed and flexible trading environment.

Evaluation Process Steps

Breakout Prop Firm’s evaluation process consists of the following steps:

1. Pass the Breakout Evaluation: Traders can choose a one-phase or two-phase evaluation with no time restrictions.
2. Trade Your Funded Account: After passing the evaluation, trade a live account and keep up to 90% of the profits.

Challenge Pricing at Breakout Prop Firm

The fees for the Breakout Prop Firm Challenge depend on the account size. Here are the costs:

• $5,000 account: $55
• $10,000 account: $110
• $25,000 account: $275
• $50,000 account: $495
• $100,000 account: $800

These fees cover the evaluation and account setup, ensuring traders have the necessary resources and support.

Fees and Commissions at Breakout Prop Firm

Breakout Prop Firm charges competitive fees for crypto trading. The trading fees are:

• $3.50 per side per $10,000 traded

This straightforward fee structure allows traders to easily calculate their costs and plan their strategies accordingly.

Refund Policies at Breakout Prop Firm

Breakout Prop Firm does not offer any refunds. This policy is clearly stated to ensure transparency and manage trader expectations from the outset.

Trial Offers at Breakout Prop Firm

At the time of writing, Breakout Prop Firm does not mention the availability of any free trials on their website.

Payout Schedules at Breakout Prop Firm

Breakout Prop Firm has a structured and timely payout schedule to ensure traders receive their profits promptly. The payout schedule is as follows:

• First payout: After 14 days
• Second payout: Within 10 days of the new trading period
• Subsequent payouts: Weekly, processed within 24 hours

This frequent and reliable payout structure is designed to support traders’ financial planning and reward their successful trading activities without delay.

Pros and Cons

Useful information

Breakout Evaluation

• Two Trading Stages: Evaluation and live trading.
• Demo Account Goal: Based on demo account equity, including unrealized gains/losses.
• Progression: Login credentials for a new demo account after passing a stage, with the balance reset.
• Maximum Drawdown:
• One-step account: Fixed, does not trail.
• Two-step account: Trailing, based on the highest account balance.
• Maximum Daily Loss: Calculated based on demo account equity and reset daily at 1700 EST.
• Leverage: Up to 5:1 for BTC and ETH, 2:1 for altcoins.
• Cost of Trading: $3.50/side per $10,000, with fees, slippage, and swaps applying.
• Inactivity Rule: Accounts disabled after 30 days of inactivity.
• Refund Policy: No refunds offered.
• Live Environment: Trading during the Breakout Evaluation takes place in a demo environment with added latency to prevent prohibited trading practices.

Additional Information

• Modern Trading Terminals: Custom web and mobile apps for fast and seamless trade execution.
• Transparency: Data on evaluation success rates, breaches, and payouts are openly shared.
• Trader Bonus: Monetary bonuses provided to traders upon meeting certain conditions.
• Prohibited Uses: Includes violating any laws, scraping, hacking, unauthorized trading strategies, and account sharing.
• No Advice/Education: The Company does not provide investment advice or trader education.
• Account Opening: Personal information required; one active account per assessment without prior approval.
• Terms and Conditions: This Agreement is legally binding and subject to change at the Company’s discretion.
• Trademarks: Use of the Company’s trademarks without permission is prohibited.
• Disclosure Statement: Trading and investing involve high risk, and past performance is not indicative of future results.
• Term and Termination: The Company reserves the right to terminate services at its discretion.
• Disclaimer of Warranties and Limitation of Liability: Services are provided “as-is” with limited liability.
• Indemnification: Traders must indemnify the Company against claims arising from their use of the services.
• Arbitration: Any disputes will be settled by arbitration in Miami, Florida.