Breakout – Prop Firm Review
- Elite scalping techniques for traders
- Innovative strategies with proven results
- Exclusive member community of professionals
- Targeted guidance for consistent profits
- Accelerated learning through expert instruction
- Backed by Kraken, a world leader in Cryptocurrency
Company Overview
Breakout Prop Trading is an innovative proprietary trading firm designed to identify and nurture trading talent across global markets. Founded with a mission to provide traders of all experience levels with access to substantial capital, Breakout offers a streamlined pathway to becoming a funded trader through their challenge-based evaluation program. Their two-phase evaluation system balances rigorous assessment with achievable targets, allowing traders to prove their skills before managing significant capital.
What sets Breakout apart is their trader-centric approach, featuring competitive profit splits, a diverse range of account sizes, and comprehensive support systems. They provide access to various financial markets including forex, indices, commodities, and cryptocurrencies, all while maintaining transparent rules and expectations. Whether you’re an aspiring trader looking to start your funded journey or an experienced professional seeking larger capital allocation, Breakout offers a structured pathway to proprietary trading success.
Key Features at a Glance
Challenge Fees
- $99-$1,399 Standard Challenge – One-time fee based on account size with balanced trading objectives
- $149-$1,699 Professional Challenge – Higher fee for experienced traders with more aggressive targets and fewer restrictions
- Occasional promotional discounts – Seasonal offers providing reduced entry fees
Account Types
- Standard Challenge: Balanced evaluation with moderate profit targets, ideal for developing traders
- Professional Challenge: Accelerated pathway with higher profit targets for experienced traders
- Funded Account: Live trading account after passing both evaluation phases
Profit Split Options
- Standard Split: 80% profit to trader, 20% to Breakout – Default split after passing evaluation
- Scaling Plan: Up to 90% profit to trader after consistent performance and account growth
- Performance Bonuses: Additional profit percentage for exceptional trading results
Account Sizes
- $10,000: Entry-level account suitable for beginners with lower challenge fee
- $25,000: Mid-sized account balancing opportunity and risk
- $50,000: Advanced account for experienced traders
- $100,000: Professional-level account with substantial profit potential
- $200,000: High-capacity account for high-volume traders
Trading Platforms
- MetaTrader 4: Industry-standard platform with comprehensive charting and analysis tools
- MetaTrader 5: Advanced version with enhanced features and additional timeframes
- TradingView: Web-based platform with powerful social and analytical capabilities
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US30, S&P500, NASDAQ, and international markets
- Commodities: Energy, metals, and agricultural products including gold, silver, oil, and natural gas
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and selected altcoins
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 12% | 8% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $400,000 after demonstrating consistent profitability and account growth
- Scaling: Account size can be doubled after 3 consecutive profitable months with potential for further scaling
- Trading Competitions: Monthly contests with additional prizes for top-performing traders
- Free Trial: 7-day demo account to test platform and trading conditions
- Profit Targets: Varied by account type and phase (10-12% for Challenge, 5-8% for Verification)
- Drawdown Structure:
- Daily: 5-6% from account balance at day start
- Maximum: 10-12% from initial account balance
- Trailing: Not implemented, fixed drawdown model
Trading Rules and Requirements
- No holding positions during major economic news releases
- Maximum leverage of 1:100 on forex pairs
- Maximum position size of 10% of account equity
- No hedging or martingale strategies allowed
- No automated trading systems or EAs permitted
- Minimum of 10 trading days required during each phase
- Weekend holding permitted for certain assets
- Trade only during designated market hours
Company Information
- Founded: 2019
- Headquarters: London, UK
- Regulated Status: Operates under UK financial regulations
- Customer Support: 24/5 via live chat, email, and phone
- Educational Resources: Webinars, trading guides, and market analysis
- Community: Active trader forum and Discord community
Payout Methods
- Bank Wire (3-5 business days)
- PayPal (1-2 business days)
- Bitcoin/Ethereum (24-48 hours)
- Skrill (1-2 business days)
- Wise (2-3 business days)
Trading Commissions
- Forex: $7 per standard lot (round turn)
- Indices: $10 per standard lot (round turn)
- Commodities: Variable commission based on specific commodity
- Cryptocurrencies: 0.1% of position value
- No hidden fees or additional charges
IP Rules
- Trading from up to 3 different IP addresses allowed
- VPN usage permitted with prior approval
- IP changes must be notified to support in advance
- Mobile trading allowed from different locations
- Account sharing strictly prohibited
Unique Features
Trading Support
- Dedicated trading mentors for funded traders
- Weekly market analysis and trading ideas
- Advanced performance analytics dashboard
Account Benefits
- No time limit for completing challenge phases
- One-time fee with unlimited challenge attempts
- Rapid account funding within 24 hours of challenge completion
Why Choose Breakout?
Breakout stands out in the crowded prop trading space by focusing on creating sustainable trading careers rather than just short-term evaluations. Their challenge structure is designed to identify disciplined traders who can maintain consistent profitability over time.
Key advantages include:
- No time limits on challenge completion, allowing traders to develop at their own pace
- High profit splits starting at 80% and scaling to 90%
- Transparent rules without hidden restrictions
- Comprehensive educational resources and community support
- Rapid scaling opportunities for successful traders
- Frequent payouts with multiple withdrawal options
Frequently Asked Questions
How long does it take to get funded?
Depending on your trading style and performance, you can get funded as quickly as 3-4 weeks. There’s no time limit on completing either the Challenge or Verification phase, so you can trade at your own pace. Once you successfully complete both phases, your funded account is typically set up within 24-48 hours.
Can I hold positions over the weekend?
Yes, Breakout allows weekend position holding for most instruments. However, due to potential weekend gaps and volatility, traders are encouraged to manage risk carefully when holding positions over weekends. There are no additional margin requirements for weekend holdings.
What happens if I break a rule?
Breaking trading rules typically results in a warning for first-time minor violations. Serious violations or repeated infractions may result in challenge termination. If you’re unsure about a specific rule, it’s recommended to contact support before taking action that might violate the terms. Each case is reviewed individually by the compliance team.
Can I trade news events?
Yes, trading during news events is permitted. Unlike some prop firms, Breakout does not restrict trading around economic releases or news events. However, traders are advised to be aware of the increased volatility during these periods and adjust their risk management accordingly.
How often can I withdraw profits?
For funded accounts, profit withdrawals are processed bi-weekly. The minimum withdrawal amount is $100, and there is no maximum limit (other than available profits). Payouts are typically processed within 2-3 business days depending on the selected payment method, with no withdrawal fees charged by Breakout.
