BreakOut Prop

BreakOut Prop

A4360
5.0
696 total reviews
5⭐
420
4⭐
189
3⭐
62
2⭐
14
1⭐
11
CEO: Alex Miningham
Country: USA
Our Rating: 10/10
Date Created: 2023
Years in Operation: 3
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BreakOut Prop
5.0 (696)
Code BJPKRH 🔥

BreakOut Prop Prop Firm Details

Firm Overview

Broker:

Breakout Terminal OKX & Kraken

Platform:

Breakout Terminal

Payment Methods:

Credit Cards USDC/USDT PayPal

Payout Methods:

USDC

Instruments and Assets

Type of Instruments:

CFD

Assets:

Crypto

Leverage

Breakout, the prop trading firm, offers up to 5x leverage on Bitcoin (BTC) and Ethereum (ETH) trading pairs and up to 2x leverage on all other crypto pairs.

Commissions

Trading Fees: 0.035% per side (3.5 basis points) equating to 7 basis points per round trip (e.g. $3.50 per side per $10,000 traded)., Swap Fees: 0.09% per open position per day, deducted at 12:25 AM UTC for positions held at 12:00 AM UTC. Fees are visible in the Breakout Terminal under “My Account > Cash Movements.”

Consistency Rules

Consistency rules coming soon...

Firm Rules

Firm rules coming soon...

Payout Policy

Minimum Payout:$50 Daily Payouts: Breakout is the only firm offering true daily payouts allowing traders to receive USDC directly to their ERC-20 wallet with no delays or intermediaries or extra KYC requirements., Payouts On-Demand: Request as many payouts as you want, as often as you need. ,Zero Lifetime Payout Denials: A spotless track record of delivering payouts. No Profit Cap: No limit on your payouts.

Restricted Countries

Restricted: Zimbabwe, Afghanistan, Belarus, Burma, Central African Republic, Crimea Region of Ukraine, Cuba ,Democratic Republic of the Congo, Ethiopia ,Iran, Iraq ,Lebanon, Libya Mali ,Nicaragua, North Korea ,Regions of Ukraine: Crimea Donetsk, and Luhansk Russia, Somalia, Sudan ,Syria Venezuela, Vietnam, Yemen, Zimbabwe,

Breakout Prop Firm Overview

Breakout Prop Firm, launched in November 2023, is a crypto-focused proprietary trading firm offering traders access to funded accounts through a structured evaluation process. Backed by a robust risk management framework, Breakout enables traders to trade cryptocurrencies like BTC and ETH with up to 5:1 leverage, and other instruments at 2:1, using its proprietary Breakout Terminal. The firm operates a 1-Step or 2-Step evaluation, requiring traders to meet profit targets (10% for 1-Step, 5% then 10% for 2-Step) while adhering to strict risk limits: 4-5% maximum daily loss and 6-8% drawdown. Successful traders progress to funded accounts with an 80% profit split, potentially scaling to 90-95% based on performance.

The platform supports spot and derivatives trading, with fees of 0.035% per side and 0.09% daily swap fees for open positions. Breakout’s rules prohibit exploitative strategies like hedging across accounts, high-frequency trading, and arbitrage, ensuring fair trading practices. Traders benefit from no time limits for evaluations, news trading allowances, and bi-weekly USDC payouts. However, high evaluation fees (e.g., $800 for a $100,000 account) and a proprietary platform may deter some. The firm restricts participation from certain countries due to regulatory compliance.

With a growing presence in the crypto prop trading space, Breakout appeals to disciplined traders seeking DeFi opportunities. Its transparent dashboard and flexible evaluation structure are strengths, though its limited track record and strict loss limits require careful consideration. For more details ready our full review.

Score System

10/10
Overall Rating
Reliability
8.5
Support
7.5
Platform
9.0
Payouts
8.0
Based on 696 reviews