Breakout Review

Breakout Prop Firm positions itself as a crypto-native proprietary trading firm with a focus on transparency and a robust trading setup on centralized exchanges.

Their uncompromising execution model and intuitive, modern interface aim to provide traders with the right tools and environment for successful trading.

Whether you’re into Bitcoin or a variety of altcoins, Breakout Prop Firm ensures tight spreads, advanced trading tools, and ample liquidity.

Ready to trade with Breakout Prop Firm? Create an account today and test your trading skills with one of their challenges!

Breakout Prop Firm’s Coupon Codes

Currently, there are no available promotional or coupon codes for Breakout Prop Firm.

All About Breakout Prop Firm

Business Name

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

Address Information

Breakout Prop Firm does not disclose its address on its website.

Year Founded

The company was founded in November 2023.

Location of Registration

Breakout Prop Firm is registered in the UAE.

Owner Details

The firm is owned by Alex Miningham.

Trading Platforms

Breakout Prop Firm offers a custom-built trading platform called the Breakout Terminal, available as both a web and mobile application. This platform includes advanced order types, one-click trading, and integrated risk management features, ensuring a comprehensive and intuitive trading experience. It supports over 100 crypto assets, enabling precise and efficient execution of trading strategies.

Trading Assets at Breakout

At Breakout Prop Firm, traders have access to over 100 crypto assets, providing diverse trading opportunities. The centralized exchange environment ensures excellent liquidity, tight spreads, and clear order book depth, facilitating efficient and effective trading.

Breakout Prop Firm Payment Options

The website does not provide details on the payment methods available at Breakout Prop Firm.

Account Size Options

Breakout Prop Firm offers various account sizes to suit different trading needs and capital levels. The account sizes available are:

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

Profit Retention at Breakout Prop Firm

Traders at Breakout Prop Firm can keep up to 90% of their profits, making it one of the most competitive profit-sharing structures in the industry. This generous profit retention rate is designed to reward and incentivize successful traders.

Profit Objectives at Breakout Prop Firm

Here are the profit targets for each challenge phase at Breakout Prop Firm:

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

Risk Limits at Breakout Prop Firm

Breakout Prop Firm enforces strict risk management rules to maintain trader discipline. The maximum daily loss and maximum 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 Days at Breakout Prop Firm

Breakout Prop Firm allows traders to take as much time as needed to complete their evaluation, promoting a stress-free and flexible environment.

Challenge Steps at Breakout Prop Firm

Breakout Prop Firm’s evaluation process includes these steps:

1. Pass the Breakout Evaluation: Traders can select a one-phase or two-phase evaluation without any time limits.
2. Trade Your Funded Account: Once the evaluation is passed, trade a live account and retain up to 90% of the profits.

Breakout Prop Firm Challenge Costs

The Breakout Prop Firm Challenge fees vary depending 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 setup of trading accounts, ensuring traders have the necessary resources and support.

Breakout Prop Firm Trading Fees

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

• $3.50 per side per $10,000 traded

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

Refund Policy at Breakout Prop Firm

Breakout Prop Firm has a no-refund policy. This is clearly communicated to ensure transparency and set trader expectations.

Free Trials at Breakout Prop Firm

Currently, Breakout Prop Firm does not offer free trials. This information is not available on their website.

Payout Schedule at Breakout Prop Firm

Breakout Prop Firm provides a timely and structured payout schedule. 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 consistent payout structure helps traders with financial planning and rewards their trading activities efficiently.

Advantages and Disadvantages

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.