Breakout Review

Breakout Review

✅ Accounts: $5k - $100k
✅ Profit Split: up to 90%
✅ Profit Targets: 10%

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Breakout Prop Firm positions itself as a crypto-native proprietary trading firm offering a high level of transparency and a robust trading environment on centralized exchanges.

With an uncompromising execution model and a modern, user-friendly interface, Breakout Prop Firm aims to provide traders with the tools and environment they need to succeed.

Whether you’re trading Bitcoin or a variety of altcoins, Breakout Prop Firm promises tight spreads, advanced trading tools, and an impressive liquidity pool.

Ready to start your trading journey with Breakout Prop Firm? Create an account today and begin one of the challenges to test your trading skills!

Coupon Code for Breakout Prop Firm

At the time of writing, no promotional codes or coupon codes are available for Breakout Prop Firm.

About Breakout Prop Firm: An Overview

Company Name

Breakout Trading Group, LLC (doing business as Breakout Prop Firm).

Address Details

The address details for Breakout Prop Firm are not disclosed on their website.

Founding Year

Breakout Prop Firm was established in November 2023.

Registration Location

The company is registered in the United Arab Emirates.

Who Owns Breakout

The owner of Breakout Prop Firm is Alex Miningham.

Trading Platforms

Breakout Prop Firm offers a custom-built web and mobile application known as the Breakout Terminal. This modern platform provides advanced order types, one-click trading, and built-in risk management features, ensuring that traders have access to a comprehensive and intuitive trading experience. The platform supports over 100 crypto assets, allowing traders to execute their strategies with precision and ease.

Instruments Available at Breakout

Traders at Breakout Prop Firm can trade over 100 crypto assets, offering a diverse range of trading opportunities. The centralized exchange environment ensures excellent liquidity, tight spreads, and a visible order book depth, enabling efficient and effective trading.

How to Make Payments at Breakout Prop Firm

Information regarding payment methods at Breakout Prop Firm is not specified on their website.

Account Sizes

Breakout Prop Firm offers a range of account sizes to accommodate various trading preferences and capital levels. The available account sizes are:

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

Profit Splits in Breakout Prop Firm

Traders at Breakout Prop Firm can retain up to 90% of their gains, which is a highly competitive profit split structure in the industry. This generous profit retention rate is designed to incentivize and reward successful traders.

Profit Targets for Breakout Prop Firm

The profit targets for each challenge phase at Breakout Prop Firm are as follows:

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

Maximum Daily Drawdown and Loss at Breakout Prop Firm

Breakout Prop Firm enforces strict risk management rules to ensure trader discipline and account longevity. The maximum daily loss and maximum drawdown limits are as follows:

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

Minimum/Maximum Trading Days Required at Breakout Prop Firm

There are no time limits imposed on the evaluation process at Breakout Prop Firm. Traders can take as much time as needed to meet the evaluation criteria, promoting a stress-free and flexible trading environment.

Steps Available Across Challenges

Breakout Prop Firm offers a structured evaluation process designed to assess and reward trader performance. The challenge steps are as follows:

  1. Pass the Breakout Evaluation: Traders can select a one-phase or two-phase evaluation process. There are no time limits for completing the evaluations.
  2. Trade Your Funded Breakout Account: Once the evaluation is passed, traders can start trading a live account and keep up to 90% of the gains.

Pricing for Breakout Prop Firm Challenge

The pricing for the Breakout Prop Firm Challenge varies based on the account size selected. Here are the costs to start each challenge:

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

These fees are designed to cover the evaluation and setup of the trading accounts, ensuring traders have access to the necessary resources and support.

Commissions and Fees at Breakout Prop Firm

Breakout Prop Firm charges competitive fees for crypto trading, ensuring cost-effective trading conditions for its users. The trading fees are:

  • $3.50 per side per $10,000 traded

This fee structure is straightforward, allowing traders to easily calculate their costs and plan their trading strategies accordingly.

Breakout Prop Firm: Refund Policies

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 of 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.

Advantages and Disadvantages

  • Intuitive and fast platform that simulates a real trading account with liquidity from Bybit.
  • Excellent customer support that is quick to help and efficient in addressing issues.
  • Positive impact on users’ trading mindset, especially for those with funded accounts.
  • Quick payouts with minimal rules and efficient issue resolution.
  • Continuous communication and updates from support during issue resolution.
  • No specific negative reviews mentioned.

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.
Starting Fees: $55 - $800
Challenge Types: 1-step or 2-step
Payout: 14 days (first payout), 10 days, then weekly
Licensing & Safety
Bonuses & Promotions
Customer Support
4.3 Overall Rating

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Breakout Review