This comprehensive Breakout review reveals how the platform’s on-demand payouts and 90% profit sharing are transforming funded trading for cryptocurrency traders. If you’ve been searching for legitimate access to trading capital without personal deposits, this Breakout prop firm review will show you exactly what separates this platform from traditional forex prop firms.
Breakout Review: A Quick Overview
 |
|
|---|---|
Founded |
2023 by Alex Miningham and Dylan Loomer |
HQ |
Tampa, Florida |
Account Sizes |
$5,000 – $100,000 per account |
Maximum Capital |
Up to $200,000 total (multiple accounts) |
Profit Share |
Up to 90% for traders |
Evaluation Types |
1-Step and 2-Step options |
Leverage |
Up to 5:1 on BTC/ETH contracts |
Markets |
50+ crypto pairs |
What is Breakout?
Breakout is a cryptocurrency-focused proprietary trading firm that allows skilled traders to access funded capital without risking their own money. Unlike traditional forex prop firms that have dominated the funded trading space, Breakout was built specifically for cryptocurrency markets, offering traders the opportunity to trade with up to $200,000 in capital while keeping up to 90% of their profits.
The vision behind Breakout came from founders Alex Miningham and Dylan Loomer, who recognized a critical gap in the prop trading market in 2023. Operating from Tampa, Florida, they understood that existing proprietary trading firms were essentially forcing traditional forex models onto cryptocurrency trading—an approach that simply wasn’t working for crypto’s unique market dynamics.
Their crypto-native approach proved revolutionary. Instead of adapting old-school forex rules to digital assets, they designed evaluation systems, risk management protocols, and payout structures specifically for cryptocurrency volatility and 24/7 market cycles. This fundamental difference in approach explains why Breakout has achieved remarkable growth in such a short timeframe.
Is Breakout Legit?
Yes, Breakout is a legitimate proprietary trading firm, and this conclusion becomes significantly stronger following their 2024 acquisition by Kraken. However, legitimacy in the prop trading space requires examining multiple factors beyond just corporate backing.
First and foremost, the company has maintained an impressive track record since 2023, successfully issuing over 20,000 funded accounts with zero reported payout delays across all market conditions—a claim that few prop firms can match. Moreover, this performance includes operating through major crypto market volatility, demonstrating operational resilience when it matters most.
Additionally, several regulatory and operational factors establish Breakout’s legitimacy in this Breakout prop firm review. The company operates with transparent business registration as Breakout Trading Group, LLC, while maintaining a clear partnership structure with NFA Trading Ltd. for funded account management. Furthermore, their rigorous KYC requirements and compliance protocols demonstrate professional standards rather than the casual approach typical of questionable operations.
Most importantly, the Kraken acquisition transforms the entire legitimacy equation. Consequently, traders now benefit from association with one of cryptocurrency’s most established and regulated exchanges, bringing institutional-grade infrastructure and regulatory oversight to the prop trading space. This backing also eliminates concerns about the company’s financial stability or long-term viability that often plague smaller prop firms.
Breakout Evaluation
Breakout offers two distinct evaluation pathways for aspiring funded traders: the 1-Step and 2-Step evaluation systems. Each approach serves different trading styles and risk preferences, making this Breakout review essential for understanding which option aligns with your goals.
1-Step Evaluation Breakdown
The 1-Step evaluation is Breakout’s fast track to funding, and it’s where the platform truly shines. Unlike traditional prop firms that require weeks or months of consistent trading, Breakout allows you to pass in literally one successful trade. This isn’t just theoretical—traders regularly achieve funding in their first few trades when they nail their risk management.
Here’s what you’re looking at with 1-Step evaluations:
- $5,000 Account: $500 profit target, $300 max drawdown, $60 evaluation fee
- $10,000 Account: $1,000 profit target, $600 max drawdown, $60 evaluation fee
- $25,000 Account: $2,500 profit target, $1,500 max drawdown, $60 evaluation fee
- $50,000 Account: $5,000 profit target, $3,000 max drawdown, $60 evaluation fee
- $100,000 Account: $10,000 profit target, $6,000 max drawdown, $60 evaluation fee
The 4% maximum daily loss limit recalculates every day at 00:30 UTC based on your account balance. This means if you’re profitable, your daily loss limit actually increases, giving you more room to work with larger positions.
2-Step Evaluation Analysis
The 2-Step evaluation offers a more traditional approach with slightly more forgiving daily limits but requires progression through two distinct phases. Many traders prefer this route because the 5% daily loss limit provides more breathing room, especially for volatile crypto markets.
Here’s the complete breakdown of 2-Step evaluation requirements:
- $5,000 Account: Phase 1: $250 target, Phase 2: $500 target, $400 max drawdown, $50 evaluation fee
- $10,000 Account: Phase 1: $500 target, Phase 2: $1,000 target, $800 max drawdown, $50 evaluation fee
- $25,000 Account: Phase 1: $1,250 target, Phase 2: $2,500 target, $2,000 max drawdown, $50 evaluation fee
- $50,000 Account: Phase 1: $2,500 target, Phase 2: $5,000 target, $4,000 max drawdown, $50 evaluation fee
- $100,000 Account: Phase 1: $5,000 target, Phase 2: $10,000 target, $8,000 max drawdown, $50 evaluation fee
The progression works like this: Phase 1 requires hitting smaller profit targets, then your account resets for Phase 2 where you must hit the full profit target. For example, with a $100,000 account, you’d need $5,000 in Phase 1, then start fresh and achieve $10,000 in Phase 2.
The key advantage here is the trailing drawdown system. Instead of a static limit, your maximum drawdown follows your high-water mark minus 8% of your starting balance. This means as you become profitable, your drawdown limit actually moves in your favor—something unique in the prop trading space.
What is more, there are absolutely no minimum trading days, no maximum time limits, and no requirements to trade a certain number of times per week. You could literally pass your evaluation in one trade if you hit your profit target while staying within risk limits.
Breakout Evaluation Rules & Restrictions
While Breakout promotes trader-friendly rules, there are still important restrictions to understand that distinguish it from completely unregulated trading:
Primary Restrictions:
- Single evaluation limit – Only one active evaluation per trader at any time
- Sequential evaluation requirement – Must complete current evaluation before purchasing another
- Copy trading limitations – Can only copy your own trades, no external signal following
- Prohibited trading practices – Specific activities outlined in evaluation agreement that can cause breach
Trading Features Allowed:
- Hedge mode enabled by default – Hold simultaneous long and short positions on same asset
- Any trading style permitted – Scalping, swing trading, position holding all allowed
- No consistency rules – Trade as frequently or infrequently as desired
- Unlimited position sizes – As long as you stay within risk limits
The platform does enable hedge mode by default, allowing you to hold both long and short positions on the same asset simultaneously. However, copy trading is restricted to your own trades only—you can’t mirror signals from other traders or services.
Risk Management & Drawdown Rules
Equity vs Balance Calculations
Understanding the difference between equity and balance could save your entire account. Your balance represents closed trades only—the actual cash you’ve banked. Your equity includes floating profit and loss from open positions. Breakout’s risk management system monitors your equity in real-time, not just your balance.
This distinction is crucial because many traders from traditional prop firms get caught off guard. If you have a $100,000 balance but are holding positions with $10,000 in unrealized losses, your equity is $90,000. If that puts you below your drawdown limit, you’re breached—even if you haven’t closed the losing trades.
Maximum Daily Loss Mechanics
The daily loss limit resets every day at 00:30 UTC based on your account balance at that moment, representing one of the most sophisticated risk management systems in any Breakout prop firm review comparison:
How Daily Loss Calculations Work:
- Calculation time: Every day at 00:30 UTC
- Calculation basis: Account balance (not equity) at reset time
- 1-Step accounts: 4% maximum daily loss from balance
- 2-Step accounts: 5% maximum daily loss from balance
- Duration: 24-hour period from each reset
If, for example, you started the day with $105,000 in balance on a 1-Step account, your equity must stay above $100,800 for the next 24 hours (4% below your balance). Here’s the critical point many Breakout reviews miss: if you’re profitable and your balance grows to $107,000, the next day’s calculation will be based on that higher amount. Your new daily loss limit would be $102,720.
This system actually rewards consistent profitability by giving you more room to manage risk. The dynamic nature means successful traders get increasing flexibility, while the daily reset prevents the accumulation of risk over longer periods.
Maximum Drawdown Systems
The drawdown systems represent one of the most sophisticated approaches in the prop trading industry. For 1-Step accounts, you get a static drawdown limit that never changes. A $100,000 account has a permanent $94,000 floor—simple and predictable.
The 2-Step trailing drawdown is more complex but potentially more trader-friendly. As your account balance reaches new highs, the drawdown limit trails behind by the fixed dollar amount (8% of starting balance). If you take your $100,000 account to $108,000, your new drawdown limit becomes $100,000 instead of the original $92,000.
Breach Consequences & Prevention
When Breakout’s automated risk engine detects a breach, the response is immediate and final. All positions close automatically, trading disables permanently, and the account is forfeited. There are no margin calls, no warnings, and no second chances.
However, here’s what many Breakout reviews miss: you’re not financially liable for any losses. If you breach with $50,000 in losses on a $100,000 account, you don’t owe Breakout $50,000. You simply lose access to that particular account and can immediately purchase another evaluation if desired.
Trading Environment & Technology
Breakout’s trading infrastructure represents a significant leap forward from typical prop trading platforms, combining crypto-native design with institutional-grade technology. This Breakout review highlights how the platform’s technical capabilities directly impact your trading success and overall experience.
Platform Features & Interface
The Breakout Terminal delivers sophisticated functionality specifically designed for cryptocurrency trading, setting it apart from generic platforms covered in most Breakout prop firm reviews:
Core Platform Features:
- Real-time equity monitoring – Live display of current account equity vs risk limits
- Customizable interface – Personalize layout while maintaining essential risk information
- Default layout optimization – Pre-configured setup works immediately for most traders
- Transparent risk display – Clear visualization of daily loss and drawdown limits
- Intuitive position management – Streamlined tools for managing multiple crypto positions
Technical Advantages:
- No manual calculations required – Platform automatically tracks all risk metrics
- Instant limit updates – Real-time adjustments as positions and balances change
- Mobile accessibility – Monitor and manage positions from any device
- Comprehensive analytics – Track performance patterns and identify improvement areas
One standout feature is the real-time equity monitoring. Unlike some platforms where you have to calculate your current risk status manually, Breakout displays exactly where you stand relative to your limits at all times. This transparency reduces the anxiety many traders experience with other prop firms.
Market Access & Instruments
Breakout’s market coverage focuses on quality over quantity, providing access to the most liquid and profitable cryptocurrency trading opportunities:
Available Trading Instruments:
- 50+ cryptocurrency pairs – Major cryptos plus high-volume altcoins
- Bitcoin pairs – Multiple BTC trading options with optimal spreads
- Ethereum pairs – Comprehensive ETH trading opportunities
- DeFi tokens – Access to leading decentralized finance projects
- Layer-1 protocols – Trade major blockchain native tokens
- Stablecoin pairs – USDT, USDC, and other stable trading options
Liquidity & Execution Quality:
- Tier-1 exchange sourcing – Liquidity from major centralized exchanges
- Institutional-grade fills – Professional execution quality
- Minimal slippage – Deep order books ensure accurate pricing
- Tight spreads – Competitive pricing across all major pairs
The liquidity sourcing from tier-1 centralized exchanges means you’re trading with institutional-grade fills and minimal slippage. This isn’t some bucket shop operation where your trades get filled at suspicious prices. The deep order books and tight spreads create a genuine trading environment that closely mirrors what you’d experience on major exchanges.
Leverage & Position Management
Breakout’s approach to leverage reflects deep understanding of cryptocurrency market dynamics and risk management principles:
Leverage Specifications:
- 5:1 maximum leverage – Available on BTC and ETH contracts
- Optimal risk-reward balance – Sufficient amplification without excessive risk
- Flexible position sizing – Scale positions based on conviction and risk tolerance
- No forced liquidations – Equity-based limits prevent margin call scenarios
Advanced Position Features:
- Hedge mode by default – Simultaneous long and short positions on same asset
- Portfolio management – Manage multiple positions across different crypto pairs
- Risk calculation tools – Built-in position sizing assistance
- Stop-loss integration – Seamless risk management order placement
The 5:1 leverage on BTC and ETH contracts provides meaningful position sizing flexibility without the extreme risk associated with higher leverage offerings. In volatile crypto markets, this level of leverage often proves optimal—enough to amplify good trades without creating unmanageable risk levels.
Kraken Integration Benefits
The 2024 Kraken acquisition brings infrastructure improvements that distinguish this Breakout prop firm review from earlier assessments:
Infrastructure Improvements:
- Enhanced server stability – Reduced downtime and improved reliability
- Lower latency connections – Faster order execution and price feeds
- Institutional security standards – Bank-grade protection for trader accounts
- Scalable architecture – Platform handles high-volume trading periods
Future Integration Features:
- Seamless Kraken Pro connectivity – Unified ecosystem for spot and prop trading
- Enhanced API access – Advanced trading tools and automation capabilities
- Expanded market access – Potential integration with Kraken’s full instrument range
- Professional trading tools – Access to institutional-grade analysis and execution tools
Future integration promises are even more exciting. Seamless transitions between Breakout and Kraken Pro accounts, enhanced security protocols, and access to Kraken’s broader ecosystem of crypto services could transform how funded traders operate.
Funding & Capital Allocation
Breakout’s funding structure addresses one of the biggest challenges facing skilled traders: accessing sufficient capital to generate meaningful profits. This section of our Breakout review examines how the platform’s capital allocation system works and what opportunities exist for scaling your trading operations.
Account Size Options
Breakout’s account sizing structure accommodates traders at different skill and capital levels, with each tier offering specific advantages for different trading approaches. What sets this Breakout prop firm review apart is the detailed breakdown of exactly what each account size offers:
$5,000 Account Details:
- 1-Step: $500 profit target, $300 max drawdown, $60 evaluation fee
- 2-Step: $250 Phase 1 target, $500 Phase 2 target, $400 max drawdown, $50 evaluation fee
- Profit share: Up to 90% on both evaluation types
- Leverage: Up to 5:1 on BTC/ETH contracts
$10,000 Account Details:
- 1-Step: $1,000 profit target, $600 max drawdown, $110 evaluation fee
- 2-Step: $500 Phase 1 target, $1,000 Phase 2 target, $800 max drawdown, $100 evaluation fee
- Profit share: Up to 90% on both evaluation types
- Leverage: Up to 5:1 on BTC/ETH contracts
$25,000 Account Details:
- 1-Step: $2,500 profit target, $1,500 max drawdown, $275 evaluation fee
- 2-Step: $1,250 Phase 1 target, $2,500 Phase 2 target, $2,000 max drawdown, $250 evaluation fee
- Profit share: Up to 90% on both evaluation types
- Leverage: Up to 5:1 on BTC/ETH contracts
$50,000 Account Details:
- 1-Step: $5,000 profit target, $3,000 max drawdown, $495 evaluation fee
- 2-Step: $2,500 Phase 1 target, $5,000 Phase 2 target, $4,000 max drawdown, $450 evaluation fee
- Profit share: Up to 90% on both evaluation types
- Leverage: Up to 5:1 on BTC/ETH contracts
$100,000 Account Details:
- 1-Step: $10,000 profit target, $6,000 max drawdown, $999 evaluation fee
- 2-Step: $5,000 Phase 1 target, $10,000 Phase 2 target, $8,000 max drawdown, $725 evaluation fee
- Profit share: Up to 90% on both evaluation types
- Leverage: Up to 5:1 on BTC/ETH contracts
What’s particularly clever about their sizing is the profit target scaling. Each account size requires exactly 10% profit to pass the evaluation, maintaining consistent risk-reward ratios across all tiers. This means the challenge difficulty remains proportional regardless of which account size you choose.
Capital Scaling Opportunities
The ability to access up to $200,000 total across multiple funded accounts creates genuine scaling opportunities that distinguish Breakout from many competitors:
Multi-Account Benefits:
- Portfolio diversification – Spread strategies across different account sizes
- Risk distribution – Single account breach doesn’t eliminate all capital access
- Strategy specialization – Use different accounts for different trading approaches
- Income multiplication – Scale total earning potential across multiple funded accounts
Scaling Progression Path:
- Start small – Prove consistency with $5,000 or $10,000 accounts
- Demonstrate profitability – Build track record before accessing larger capital
- Add additional accounts – Gradually increase total capital allocation
- Maximize potential – Work toward full $200,000 allocation across multiple accounts
Unlike many prop firms that cap you at a single account, Breakout allows portfolio diversification across different account sizes and strategies. This multi-account approach also provides risk management benefits. If you breach one account, you don’t lose access to all your capital—your other funded accounts remain active.
No Personal Deposit Requirements
The “no personal deposit” model eliminates the largest barrier preventing skilled traders from accessing capital, representing a fundamental advantage highlighted in every comprehensive Breakout prop firm review:
Capital Access Benefits:
- Minimal upfront investment – Only evaluation fee required, no deposit
- Risk limitation – Maximum loss equals evaluation fee paid
- Merit-based allocation – Capital access depends on skill, not wealth
- Preserved personal capital – Keep your own money for other opportunities
This approach levels the playing field dramatically. Your access to capital depends entirely on demonstrated trading skill, not your personal financial situation. It’s perhaps the purest merit-based capital allocation system available in retail trading.
Breakout Payout & Profit Sharing
This section of our Breakout review examines the payment structure that has attracted thousands of traders to the platform.
On-Demand Payout Structure
The on-demand payout system completely revolutionizes the funded trading experience, setting new industry standards that other Breakout prop firm reviews consistently highlight:
Payout Flexibility Features:
- 24/7 withdrawal availability – Request payouts any time, any day of the week
- Multiple daily requests – No limits on payout frequency per day
- Instant processing initiation – Requests processed immediately upon submission
- No minimum amounts – Withdraw any profit amount, regardless of size
- No maximum limits – Access all earned profits without arbitrary caps
Processing Timeline:
- Standard processing – Typically completed within 24 hours
- Blockchain verification – All transactions verifiable on Ethereum network
- No banking delays – Crypto payments eliminate traditional wire transfer waits
- Weekend availability – Unlike banks, crypto payments work 24/7/365
Instead of waiting weeks to access your earnings, you can withdraw profits as needed for personal expenses, reinvestment opportunities, or simply peace of mind. The psychological benefit of immediate access to your earnings cannot be overstated.
Profit Split Arrangements
Breakout’s profit sharing structure provides traders with industry-leading percentages while maintaining transparent, predictable terms:
Profit Share Details:
- Maximum trader retention – Up to 90% across all account sizes
- No hidden deductions – Transparent fee structure with no surprise costs
- Performance-based scaling – Consistent percentages regardless of account size
- No profit caps – Keep your percentage on unlimited earnings
Profit Split Breakdown by Performance:
- Evaluation phase – No profit sharing (evaluation only)
- Funded account activation – Immediate 90% profit retention begins
- Consistent percentages – No scaling down as profits increase
- Long-term sustainability – Profit splits remain stable over time
The up to 90% profit share is among the highest in the industry, but the “up to” qualifier is important. Your actual percentage depends on account size and performance metrics. However, even the minimum profit shares exceed what most traditional prop firms offer in any comprehensive Breakout prop firm review comparison.
Payment Methods & Processing
Breakout’s crypto-native payment approach eliminates traditional banking friction while providing complete transparency:
Payment Specifications:
- USDC payments only – Stable cryptocurrency for consistent value
- Ethereum network (ERC-20) – Reliable, established blockchain infrastructure
- Direct wallet transfers – Payments arrive directly in your crypto wallet
- No currency conversion – Avoid forex fees and conversion spreads
Technical Requirements:
- ERC-20 compatible wallet – MetaMask, hardware wallets, exchange wallets
- Ethereum address provision – Must provide valid receiving address
- Gas fee awareness – Minor blockchain fees apply (paid by recipient)
- Security considerations – Ensure proper wallet security practices
USDC payments via the Ethereum network (ERC-20) reflect Breakout’s crypto-native approach. You’re not dealing with traditional banking delays, international wire transfers, or currency conversion fees. Payments arrive directly in your cryptocurrency wallet, ready for immediate use.
Payout Track Record
Breakout’s payment reliability stands as one of their most impressive achievements and a key differentiator in the prop trading space:
Historical Performance:
- Zero payout delays – Claimed perfect record since 2023 launch
- All market conditions – Maintained payments through major crypto volatility
- 20,000+ funded accounts – Consistent performance across large trader base
- Crisis resilience – Continued payouts during 2024 market corrections
The claimed zero payout delays since 2023 is remarkable in an industry plagued by payment problems. During major market events like the 2024 crypto corrections, when some firms experienced liquidity issues, Breakout maintained their payout commitments.
Breakout Review – Fees & Costs
Understanding the true cost structure is essential when evaluating any prop trading opportunity, and this Breakout review provides complete transparency about all fees involved.
Evaluation Fees Breakdown
Breakout’s evaluation fees represent the only upfront investment required, making them crucial to understand when planning your funded trading journey:
Evaluation Fee Structure:
- $5,000 Account: 1-Step ($60) vs 2-Step ($50)
- $10,000 Account: 1-Step ($110) vs 2-Step ($100)
- $25,000 Account: 1-Step ($275) vs 2-Step ($250)
- $50,000 Account: 1-Step ($495) vs 2-Step ($450)
- $100,000 Account: 1-Step ($999) vs 2-Step ($725)
Fee Structure Benefits:
- No hidden charges – Evaluation fee is your only upfront cost
- No monthly subscriptions – One-time payment per evaluation attempt
- No platform fees – Access to trading terminal included
- No data charges – Market data and analytics included
- 2-Step savings – Generally lower costs for two-phase evaluations
When you compare this to traditional prop firms that often charge $150-500+ for similar evaluations, Breakout’s pricing becomes even more attractive. The cost-to-potential-profit ratio is exceptional, especially considering you can pass in a single trade in this Breakout prop firm review assessment.
Trading Fees Structure
Breakout maintains transparency about all trading-related costs, ensuring traders can plan strategies with accurate expense calculations:
Evaluation Phase Fees:
- Execution fee – 0.035% per buy or sell order
- Daily swap fee – 0.09% per open position held overnight (after 00:00 UTC)
- Fee application – Deducted at 00:25 UTC for overnight positions
- Notional nature – Fees are simulated for evaluation purposes only
- No out-of-pocket costs – Evaluation fees are not paid separately by traders
Funded Account Fees:
- Same fee structure – Consistent 0.035% execution and 0.09% daily swap
- Real fee application – Actual costs deducted from trading profits
- Competitive rates – Comparable to major exchange trading costs
- Transparent calculation – Clear breakdown available in dashboard
Fee Transparency Tools:
- Dashboard tracking – Monitor all fees via My Account > Cash Movements
- Real-time calculations – See fee impact on positions immediately
- Historical analysis – Review fee costs over time for strategy optimization
- Comparison tools – Understand fee impact on different trading approaches
Understanding these fees helps you calculate realistic profit targets and manage your trading strategy accordingly. The fees are competitive with what you’d pay trading directly on major exchanges.
Hidden Costs Assessment
One of the most refreshing aspects of this Breakout prop firm review is the genuine absence of hidden costs that plague many financial services:
Confirmed No-Cost Items:
- Monthly platform fees – Zero ongoing subscription costs
- Data charges – All market data included free
- Withdrawal fees – Only blockchain gas costs (minimal)
- Account maintenance – No charges for account upkeep
- Inactivity penalties – No fees for periods without trading
Transparent Cost Structure:
- Upfront clarity – All costs disclosed before purchase
- No surprise deductions – Profit calculations remain accurate
- Simple fee model – Easy to understand and predict costs
- Fair partnership – Breakout profits when traders succeed
Blockchain-Related Costs:
- Gas fees – Standard Ethereum network costs for USDC transfers
- Trader responsibility – Recipients pay gas fees (typically $5-20)
- Network dependent – Costs vary with Ethereum network congestion
- Transparent pricing – Real-time gas estimates available
This transparency eliminates the “death by a thousand cuts” fee structure that plagues many financial services. You know exactly what you’re paying upfront and what you’ll receive on the backend.
Trader Support & Education
Educational Resources
Breakout provides a comprehensive free trading course covering cryptocurrency markets, technical analysis, and risk management. The material is specifically tailored for crypto trading rather than generic trading education repurposed from forex or stocks.
The educational approach focuses on practical application rather than theoretical concepts. You’ll learn strategies that work specifically in crypto markets, not watered-down versions of stock market techniques.
Customer Support Quality
Support response times are generally good, with most issues resolved within 24 hours. The support team understands cryptocurrency markets and can provide relevant assistance rather than generic responses.
The FAQ section thoroughly covers the most common questions, often eliminating the need to contact support directly. When you do need help, the responses demonstrate genuine understanding of trading challenges.
Trader Development Programs
Beyond basic education, Breakout actively encourages skill development. The platform provides performance analytics to help traders identify strengths and weaknesses in their approach.
The leaderboard system creates positive competition while the bonus programs reward consistent performance. These features help maintain motivation during the challenging process of developing funded trading skills.
Breakout Pros & Cons
Every comprehensive Breakout review must present an honest assessment of both advantages and limitations. This balanced analysis helps you make an informed decision about whether to sign up with Breakout or look for other crypto prop trading firms.
Advantages
Institutional Backing & Credibility:
- Kraken acquisition support – Backed by one of crypto’s most respected exchanges
- Enhanced infrastructure – Professional-grade systems and security standards
- Long-term stability – Not dealing with unknown startup that might disappear
- Institutional resources – Access to deep liquidity and advanced technology
Revolutionary Payout System:
- 24/7 on-demand withdrawals – Access profits immediately, any time
- Multiple daily payouts – No restrictions on withdrawal frequency
- Zero payout delays claimed – Perfect track record since 2023 launch
- Instant processing – Requests handled within 24 hours typically
Evaluation Flexibility:
- No time restrictions – Pass evaluation at your own pace
- One-trade funding possibility – Get funded in single successful trade
- No minimum trading days – Start immediately after evaluation purchase
- 24/7 evaluation access – Trade during optimal crypto market hours
Trader-Friendly Operations:
- 90% profit share – Among highest in the industry
- No consistency rules – Trade your strategy without artificial restrictions
- No profit caps – Keep your percentage on unlimited earnings
- Transparent fee structure – No hidden costs or surprise deductions
Crypto-Native Environment:
- 50+ cryptocurrency pairs – Comprehensive crypto market access
- Institutional-grade liquidity – Tier-1 exchange sourcing
- Crypto-specific risk management – Rules designed for digital asset volatility
- Blockchain-based payments – USDC payments via Ethereum network
Capital Access Benefits:
- No personal deposits required – Risk only evaluation fee
- Up to $200,000 total capital – Access across multiple funded accounts
- Merit-based allocation – Capital access depends on skill, not wealth
- Fast funding potential – Quick path from evaluation to funded trading
Technical Advantages:
- Elite trading infrastructure – Professional-grade platform and connectivity
- Real-time equity monitoring – Live tracking of risk limits and positions
- 5:1 leverage available – Meaningful position sizing on BTC/ETH contracts
- Hedge mode enabled – Simultaneous long/short positions allowed
Disadvantages
Market Limitations:
- Crypto-only focus – No access to forex, stocks, or other asset classes
- Limited diversification – Cannot spread risk across different market types
Risk Management Challenges:
- Strict equity-based breach system – Real-time monitoring of floating P&L required
- Immediate breach consequences – No warnings or second chances upon violation
- Learning curve for new users – Equity vs balance distinction catches many off guard
- Constant vigilance required – Must monitor positions continuously during volatile periods
Operational Restrictions:
- Single evaluation limitation – Cannot run multiple challenges simultaneously
- Sequential requirement – Must complete current evaluation before purchasing new one
- Geographic restrictions – Regional limitations apply in certain countries
- 18+ age requirement – Excludes younger potential traders
Company History Concerns:
- Relatively new establishment – Founded only in 2023, limited long-term track record
- Unproven longevity – Less operational history compared to established forex prop firms
Cost Considerations:
- Non-refundable evaluation fees – Investment lost if evaluation fails
- Potentially multiple attempts – May require several evaluations to pass
- Gas fees for payouts – Ethereum network costs for USDC withdrawals
This Breakout prop firm review reveals that while the platform offers significant advantages, particularly in payout flexibility and crypto-native design, potential users must carefully consider the limitations and ensure they align with their trading goals and risk tolerance.
Should You Choose Breakout Prop Firm?
After thoroughly examining every aspect of this platform, this Breakout review reveals compelling reasons to choose Breakout over competitors.
First, the Kraken backing provides unmatched credibility and eliminates concerns about company stability that plague smaller prop firms. Additionally, the revolutionary on-demand payout system transforms your relationship with earnings, allowing immediate access rather than waiting weeks like traditional firms require.
Furthermore, the 90% profit sharing represents one of the industry’s highest rates, while the absence of consistency rules and time restrictions provides genuine trading freedom. However, success depends entirely on your cryptocurrency trading skills and disciplined risk management approach.
Consequently, if you possess solid crypto trading abilities and can maintain strict equity monitoring, Breakout offers the most legitimate path to scale operations without risking personal capital. Moreover, the ability to access up to $200,000 across multiple accounts creates unprecedented opportunities for serious traders ready to prove their expertise.
How to Get Started with Breakout
Ready to begin your funded trading journey? Getting started with Breakout is straightforward, and this step-by-step process will have you trading with their capital quickly.
Step 1: Choose Your Account Size and Evaluation Type
Select Your Capital Level:
- $5,000 Account – Ideal for beginners or strategy testing
- $10,000 Account – Good balance of capital and manageable targets
- $25,000 Account – Serious capital for experienced traders
- $50,000 Account – Professional-level trading opportunities
- $100,000 Account – Maximum individual account size available
Pick Your Evaluation Path:
- 1-Step Evaluation – Single challenge phase, stricter daily limits (4%), higher fees
- 2-Step Evaluation – Two-phase progression, more forgiving daily limits (5%), lower fees
Consider Your Strategy:
- Conservative approach – Start with smaller account sizes to build confidence
- Aggressive scaling – Jump to larger accounts if you have proven strategies
- Multiple accounts – Plan for eventual scaling across different account sizes
Step 2: Purchase and Pass Your Evaluation
Complete the Purchase Process:
- Visit Breakout’s official website and create your account
- Select your chosen account size and evaluation type
- Pay the evaluation fee using credit card, debit card, or cryptocurrency
- Receive immediate access to your demo trading account
Focus on Your Trading Test:
- Hit your profit target while staying within daily loss and drawdown limits
- Monitor your equity constantly – remember it includes floating P&L
- Trade your proven strategy – don’t experiment during evaluations
- Stay patient and disciplined – you can pass in one trade or take longer
Automatic Upgrade Process:
- Account automatically upgrades to funded status when profit target is reached
- Receive notification of successful evaluation completion
- Begin KYC verification process immediately
Step 3: Complete KYC and Begin Funded Trading
Required Verification Steps:
- Submit government-issued photo identification
- Provide proof of address documentation
- Complete Know Your Customer (KYC) questionnaire
- Sign the Funded Trader Agreement with NFA Trading Ltd.
Account Activation:
- Wait for KYC approval (typically 24-48 hours)
- Receive confirmation of funded account activation
- Access your funded trading account through the Breakout Terminal
- Begin trading with Breakout’s capital while maintaining same risk limits
Step 4: Generate Profits and Request Payouts
Start Profitable Trading:
- Apply the same risk management that helped you pass evaluation
- Trade within daily loss and drawdown limits to maintain account status
- Focus on consistent profitability rather than large individual wins
- Monitor your performance through the comprehensive dashboard
Request On-Demand Payouts:
- Navigate to payout section in your Breakout dashboard
- Request withdrawal of any profit amount, any time (24/7 availability)
- Provide your ERC-20 compatible wallet address for USDC payments
- Receive payment typically within 24 hours via Ethereum network
Scale Your Operations:
- Maintain profitable performance on your current account
- Consider purchasing additional evaluations for multiple funded accounts
- Work toward maximum $200,000 total capital allocation across accounts
- Develop systematic approaches for managing multiple funded accounts
The entire process from evaluation purchase to first payout can be completed within days for successful traders.
Breakout Prop Review – Final Thoughts
For experienced crypto traders seeking funded opportunities, Breakout deserves serious consideration. The combination of trader-friendly rules, innovative technology, and institutional backing creates a compelling proposition that stands out in the crowded prop trading landscape.
The platform isn’t perfect—the crypto-only focus limits diversification opportunities, and the strict equity-based risk management requires careful attention. But for traders who understand these limitations and can work within them, Breakout offers genuine opportunities to scale their trading operations with institutional capital.
As the first major exchange-backed prop trading platform, Breakout is likely pioneering the future of funded trading. Early adopters who master the platform while it’s still relatively new may find themselves well-positioned as the industry evolves and expands.
Frequently Asked Questions
1. Breakout a legitimate prop trading firm?
Yes, Breakout is legitimate with transparent operations, proper business registration, rigorous KYC requirements, and backing from Kraken since 2024. The company has also issued over 20,000 funded accounts with zero reported payout delays.
2. How quickly can I get funded with Breakout?
You can potentially pass the 1-Step evaluation in a single trade with no minimum time requirements. However, most traders require multiple trades to reach their profit targets safely.
3. What happens if I breach my funded account?
The account closes permanently and automatically, but you’re not liable for any trading losses. You can immediately purchase a new evaluation if desired.
4. Can I have multiple Breakout accounts?
You cannot run multiple evaluations simultaneously, but you can have up to $200,000 across multiple funded accounts once you pass evaluations.
5. What’s the difference between 1-Step and 2-Step evaluations?
1-Step evaluations have stricter daily limits (4% vs 5%) but only require one phase, while 2-Step evaluations offer more lenient daily limits across two separate phases. 2-Step also features trailing drawdown versus static drawdown in 1-Step accounts.
6. How reliable are the on-demand payouts?
Breakout claims zero payout delays since 2023 across all market conditions, with typical processing within 24 hours. Payouts are made in USDC via Ethereum (ERC-20), providing blockchain-verifiable transactions and eliminating traditional banking delays.
7. Can I trade any cryptocurrency strategy?
Yes, within risk limits—no consistency rules, profit caps, or style restrictions apply. You can scalp, swing trade, hold positions overnight, use hedge mode, and employ any strategy that keeps you within the daily loss and drawdown limits.
8. Is the evaluation fee refundable if I fail?
No, evaluation fees are non-refundable regardless of outcome.