Breakout – Prop Firm Review
- Transparent evaluation standards for traders
- Fast funding upon successful challenges
- Top-tier platforms for trading execution
- Various account size options available
- Competitive profit sharing for members
Company Overview
Breakout Prop is an innovative proprietary trading firm that offers traders the opportunity to access significant capital without risking their own money. Founded by experienced traders, Breakout Prop stands out in the prop trading space with its transparent challenge structure and user-friendly evaluation process. The firm provides both standard and professional challenge paths tailored to different trading styles and experience levels.
What distinguishes Breakout Prop from competitors is their focus on realistic trading conditions, fair evaluation metrics, and substantial scaling opportunities for successful traders. Their two-phase evaluation model (Challenge and Verification) is designed to identify disciplined, consistent traders who can maintain profitability while adhering to risk management rules. With competitive profit splits and a wide range of tradable instruments across multiple markets, Breakout creates opportunities for traders at all stages of their career development.
Key Features at a Glance
Challenge Fees
- One-time payment – Single fee covering both challenge phases with no monthly subscription required
- Account reset option – Affordable reset fee if you fail the challenge, allowing another attempt
- Discount opportunities – Regular promotions and discounts for new and returning traders
- Free retakes – Free challenge reset if you achieve at least 50% of the profit target
Account Types
- Standard Challenge: Balanced evaluation designed for most traders with standard profit targets and drawdown limits
- Professional Challenge: Advanced evaluation with more aggressive profit targets and relaxed trading restrictions for experienced traders
- Funded Account: Live trading account with real capital after successful completion of the evaluation phases
Profit Split Options
- Standard Split: 80% profit split for traders on most account sizes, among the most competitive in the industry
- Scaling Program: Increased profit share opportunities based on consistent performance over time
- Performance Bonuses: Additional profit split increases for exceptional trading performance
Account Sizes
- $25,000: Entry-level account with affordable challenge fee, ideal for beginners
- $50,000: Medium-sized account balancing cost and capital potential
- $100,000: Larger account for experienced traders seeking substantial capital
- $200,000: Professional account size for advanced traders with proven track records
Trading Platforms
- MetaTrader 5: Industry-standard platform with advanced charting and algorithmic trading capabilities
- TradingView: Web-based platform with social trading features and powerful technical analysis tools
- cTrader: Advanced platform with deep market access and sophisticated order types
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US, European, and Asian markets
- Commodities: Access to major commodities including gold, silver, oil, and natural gas
- Cryptocurrencies: Major cryptocurrency pairs with institutional-grade execution
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 5 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 | 5 days | 5 days |
Challenge Specifications
- Max Allocation: Up to $400,000 with proven performance record and scaling
- Scaling: 25% account growth after every 10% profit, accelerating your capital allocation
- Trading Competitions: Monthly competitions with additional prizes and account size increases
- Free Trial: 3-day demo account access to test platform features
- Profit Targets: 8-12% challenge target, 5-8% verification target depending on account type
- Drawdown Structure:
- Daily: 5-6% daily drawdown limit (balance-based)
- Maximum: 10-12% overall account drawdown limit
- Trailing: No trailing drawdown, only fixed drawdown based on starting balance
Trading Rules and Requirements
- No overnight holding of positions on specific high-impact news events
- No same-direction trading from multiple accounts simultaneously
- Minimum of 5 trading days required in both challenge and verification phases
- Weekend holding permitted for most instruments except before major economic events
- No dangerous strategies like martingale or grid trading allowed
- Maximum position size limited to 5% of account balance for any single trade
- Trade data and journal submission required for funded accounts
Company Information
- Founded in 2020 by professional traders with over 20 years of combined experience
- Headquartered in London with operations in multiple countries
- Regulated by financial authorities in the UK
- 24/7 customer support via live chat, email, and phone
- Active trading community with over 10,000 members
- Educational resources including webinars, trading guides, and strategy sessions
Payout Methods
- PayPal (24-48 hours processing)
- Bank Wire Transfer (3-5 business days)
- Bitcoin and other cryptocurrencies (1-24 hours)
- Skrill (24-48 hours processing)
- Payoneer (2-3 business days)
Trading Commissions
- Forex: $5 per standard lot round turn
- Indices: Market-standard commissions with competitive spreads
- Commodities: $5-$7 per standard lot depending on the instrument
- Cryptocurrencies: 0.05% of trade value
- No additional hidden fees or charges
IP Rules
- No more than 2 IP addresses permitted per account without prior approval
- VPN usage must be declared and approved in advance
- Multiple accounts using the same IP must be registered and linked as a group
- IP changes during critical trading periods require verification
- Geographic restrictions may apply for certain countries due to regulatory requirements
Video Review
Breakout Review
Comprehensive review of Breakout Prop trading services
Unique Features
Trader Support
- One-on-one coaching sessions for funded traders
- Trading psychology workshops to improve decision-making
- Advanced analytics dashboard with performance metrics
- Community Discord server with dedicated trading channels
Flexibility
- No time limit on challenge completion
- Choice between faster and more aggressive professional pathway
- Multiple account currency options (USD, EUR, GBP)
- Swing trading friendly with weekend holding permissions
Why Choose Breakout Prop?
Breakout Prop stands out in the competitive prop trading landscape by offering a trader-focused evaluation program designed for real-world trading success. Their transparent rules, competitive profit splits, and supportive community create an environment where traders can thrive.
Key advantages include:
- Industry-leading 80% profit split for most account sizes
- No time limits on challenge completion, allowing traders to maintain their strategy
- Aggressive scaling program that can increase your capital allocation by 25% for every 10% profit
- Realistic trading parameters that mirror actual market conditions
- Free retake opportunities if you achieve at least 50% of profit targets
- Comprehensive educational resources and community support
- Multiple account size options to match different trader experience levels and capital requirements
Frequently Asked Questions
How long does it take to get funded?
The time to get funded varies depending on your trading performance. Since Breakout Prop doesn’t impose time limits on challenge completion, you can take as long as needed to meet the profit targets. Typically, successful traders complete both phases in 1-3 months. Once you’ve passed both the Challenge and Verification phases, account setup for your funded account typically takes 1-3 business days.
Can I hold positions over the weekend?
Yes, Breakout Prop allows weekend position holding for most instruments. However, there are restrictions on holding positions through specific high-impact news events or during periods of anticipated high volatility. Traders should check the economic calendar and company announcements regularly to identify potentially restricted holding periods.
What happens if I break a rule?
Rule violations are handled based on severity. Minor violations might result in a warning, while serious violations such as exceeding maximum position sizes or breaching drawdown limits will result in account termination. For funded traders, Breakout Prop may offer a one-time reset option for certain violations at their discretion. All violations are reviewed on a case-by-case basis with consideration of the trader’s history and intent.
Can I trade news events?
Yes, you can trade news events, but with certain restrictions. Breakout Prop allows trading during most news events, but extreme volatility periods may have position size limitations. For major economic releases (like NFP or central bank announcements), traders may be required to close or reduce position sizes before the announcement. These restrictions are in place to manage risk and maintain account stability during unpredictable market conditions.
How often can I withdraw profits?
Funded traders can request profit withdrawals once per month. The minimum withdrawal amount is $100, and profits are calculated at the end of each calendar month. Withdrawal requests are processed within 2-5 business days depending on the payment method chosen. There are no fees for standard withdrawals, though certain payment methods may incur third-party processing fees.
