Breakout Review

Breakout Review

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

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Breakout Review toponlineforexbrokers

Breakout Prop Firm is a crypto-native proprietary trading firm that emphasizes transparency and offers a strong trading platform on centralized exchanges.

Breakout Prop Firm delivers an uncompromising execution model and features a modern, easy-to-use interface. They provide traders with the essential tools and environment for successful trading.

Whether you are trading Bitcoin or a variety of altcoins, Breakout Prop Firm guarantees tight spreads, advanced trading tools, and excellent liquidity.

If you’re ready to trade with Breakout Prop Firm, create an account today and take on one of their trading challenges!

Coupon Code for Breakout

At this time, there are no available promotional or coupon codes for Breakout Prop Firm.

Diving into Breakout Prop Firm’s Details

Breakout’s Official Company Name

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

The Address of Breakout Prop Firm

The address details are not provided on the Breakout Prop Firm’s website.

Establishment Date: Breakout Prop Firm

Breakout Prop Firm was established in November 2023.

Registration Location of Breakout Prop Firm

The company is registered in the UAE.

Breakout Prop Firm’s Founders/Owners

Alex Miningham is the owner of Breakout Prop Firm.

Trading Platforms at Breakout

Breakout Prop Firm’s trading platform, the Breakout Terminal, is available as a custom-built web and mobile application.

It offers advanced order types, one-click trading, and integrated risk management features, ensuring traders have a comprehensive and intuitive trading experience.

The platform supports over 100 crypto assets, facilitating precise and efficient trading strategies.

Trading Instruments at Breakout

At Breakout Prop Firm, traders can engage in trading over 100 crypto assets, providing a diverse range of trading opportunities. The centralized exchange environment offers excellent liquidity, tight spreads, and clear order book depth, ensuring efficient and effective trading.

Breakout Prop Firm Payment Information

The website does not specify the payment methods accepted by Breakout Prop Firm.

Available Account Sizes

Breakout Prop Firm provides various account sizes to suit different trading preferences and capital levels. Available account sizes are:

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

Profit Distribution at Breakout Prop Firm

Breakout Prop Firm allows traders to keep up to 90% of their profits, offering one of the most competitive profit-sharing structures in the industry. This generous profit retention rate is intended to incentivize and reward successful trading.

Target Profits at Breakout Prop Firm

The profit targets for each challenge phase at Breakout Prop Firm are detailed below:

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 Loss Limits at Breakout Prop Firm

To ensure trader discipline and protect accounts, Breakout Prop Firm has set the following maximum daily loss and maximum drawdown limits:

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 Duration at Breakout Prop Firm

Breakout Prop Firm allows traders unlimited time to complete their evaluation, fostering a stress-free and adaptable trading environment.

Evaluation Steps at Breakout Prop Firm

Breakout Prop Firm’s evaluation process includes the following steps:

  1. Pass the Breakout Evaluation: Traders can opt for a one-phase or two-phase evaluation process without any time restrictions.
  2. Trade Your Funded Account: After passing the evaluation, traders trade a live account and keep up to 90% of the profits.

Breakout Prop Firm Challenge Fees

The Breakout Prop Firm Challenge costs vary by account size. Here are the fees:

  • $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 setup of trading accounts, providing traders with the necessary resources and support.

Commissions and Trading Fees at Breakout Prop Firm

Breakout Prop Firm charges a straightforward and competitive fee for trading crypto assets. The fee structure is:

  • $3.50 per side per $10,000 traded

This simple fee structure makes it easy for traders to calculate their costs and develop their trading strategies accordingly.

Refund Policy of Breakout Prop Firm

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

Trial Offers at Breakout Prop Firm

At this time, Breakout Prop Firm does not provide any free trial offers. This is not mentioned on their website.

Breakout Prop Firm Payout Schedule

Breakout Prop Firm provides a timely and structured payout schedule to ensure traders receive their earnings promptly. The payout schedule is:

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

This reliable payout structure supports traders’ financial planning and rewards successful trading activities without delay.

Advantages and Disadvantages

  • User-friendly and fast platform simulating a real trading account with liquidity from Bybit.
  • Excellent and efficient customer support.
  • Positive impact on traders’ mindset, particularly for those with funded accounts.
  • Fast payouts with minimal rules and effective issue resolution.
  • Continuous support communication and updates 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
Trust & Fairness
Games & Software
Bonuses & Promotions
Customer Support
4.3 Overall Rating

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