Breakout Broker Overview
Finding a proprietary trading firm that prioritizes absolute transparency and flawless execution is a hurdle for many traders, particularly those new to the financial markets. Breakout, a crypto-focused proprietary trading firm, delivers seamless execution and clear operational transparency. Established in late 2023 and registered in the United States, Breakout is a relatively new player in the prop trading space.
As a prop firm, Breakout distinguishes itself with a robust trading platform built on centralized exchanges. Its modern, intuitive interface equips traders with the tools and environment necessary for a successful trading journey. The firm offers a range of account sizes, from $5,000 to $100,000, tailored to match traders’ experience levels and preferences.
Traders on Breakout can retain up to 90% of their profits, positioning it among the most competitive profit-sharing models in the industry. The platform provides access to over 100 cryptocurrency assets, offering diverse trading opportunities. However, traders must pay a minimum challenge fee of $55 to access the firm’s resources and support services.
Our evaluation of Breakout’s legitimacy confirms its credibility. Operating as Breakout Trading Group, LLC, the firm is registered in Delaware under certificate of formation file No. 7403672, with its principal office located at 651 North Broad St, Suite 201, Middletown, DE 19709.
Beyond its official registration, Breakout’s user feedback reinforces its reputation. The firm’s website reports an impressive average rating of 4.9/5 from over 400 traders. To further validate its legitimacy, we investigated the firm’s leadership, focusing on CEO Alex Miningham. His LinkedIn profile reveals a driven entrepreneur with innovative ideas and a commitment to creativity, lending credibility to Breakout as a trustworthy and recommended trading platform.
Transparency in fees, pricing, and commissions is critical for any prop firm, and Breakout excels in this area by clearly outlining its cost structure. The firm charges evaluation fees ranging from $55 to $800, depending on the chosen evaluation type and account size.
In addition to evaluation fees, Breakout applies trading and swap fees. For crypto trading, it charges a modest $3.5 per side per $10,000 trade, totaling $7 for a round-trip trade (opening and closing). Swap fees are set at 0.09%, ensuring cost-effective trading conditions for users.
Breakout’s commitment to seamless operations extends to its versatile payment methods. Upon accessing the platform’s homepage through login or signup, traders can fund their accounts based on their chosen evaluation type and capital level using cryptocurrencies via Coinbase or other wallets, as well as PayPal for non-crypto transactions.
Deposit Methods
- PayPal
- Stripe
- Debit/Credit Cards: Visa and MasterCard
- Cryptocurrencies: BTC, Tether (USDT), USDC, Ether, LTC, POL (formerly MATIC), Tronix, SOL via Coinbase, MetaMask, or other crypto wallets
Traders select their preferred cryptocurrency and network for funding. The platform displays its wallet address and the amount due, with transactions expected to complete within 15 minutes before the invoice expires.
Withdrawal Methods
- Cryptocurrencies: Payouts are processed exclusively via USDC on the Ethereum network (ERC-20).
Breakout offers five evaluation account sizes, allowing traders to select based on their capital capacity and trading preferences:
- $5,000 Account: $5,000 capital, challenge fee of $50–$55, leverage up to 5x on Bitcoin and Ethereum, 2x on altcoins.
- $10,000 Account: $10,000 capital, challenge fee of $100–$110, leverage up to 5x on Bitcoin and Ethereum, 2x on altcoins.
- $25,000 Account: $25,000 capital, challenge fee of $250–$275, leverage up to 5x on Bitcoin and Ethereum, 2x on altcoins.
- $50,000 Account: $50,000 capital, challenge fee of $450–$495, leverage up to 5x on Bitcoin and Ethereum, 2x on altcoins.
- $100,000 Account: $100,000 capital, challenge fee of $725–$800, leverage up to 5x on Bitcoin and Ethereum, 2x on altcoins.
Breakout provides access to the DXtrade platform, a cutting-edge solution for FX, CFDs, spread bets, and crypto brokers. DXtrade’s customizable interface, branding options, and unique integrations enable Breakout to deliver a next-generation trading application efficiently.
The platform enforces strict rules, including a prohibition on executing trades inspired by third-party sources, such as copy trading, external signals, or ideas from trading communities, social media, or research reports. This means all trades must be executed manually by the trader, ensuring a secure and equitable trading environment while prohibiting the use of bots or expert advisors.
Breakout offers two evaluation programs designed to suit different trading styles:
Breakout Account (1-Step Evaluation)
This program is tailored for confident traders aiming to pass the evaluation swiftly and access funded accounts immediately. Key details include:
- Evaluation Funding Capital: Up to $100,000.
- Evaluation Target: 10% profit (e.g., $10,000 profit on a $100,000 account to reach $110,000).
- Daily Max Loss: 4%.
- Max Loss: 6% (positions close if equity falls below this threshold).
- Profit Split: Up to 90%.
- Evaluation Period: Unlimited, with 24/7 trading access.
- Minimum Trading Days: None.
- Payouts: First withdrawal processed within 14 days, second within 10 days from the first, and subsequent withdrawals reviewed within 12–24 hours.
Breakout Account (1-Step Evaluation Table)
| Funded Account | Trading Period | Max Daily Loss | Max Loss | Profit Target | Leverage | Profit Split | Min Days | Price |
|---|---|---|---|---|---|---|---|---|
| $5,000 | Unlimited | 4% ($200) | 6% ($300) | $500 | Up to 5x | Up to 90% | None | $55 |
| $10,000 | Unlimited | 4% ($400) | 6% ($600) | $1,000 | Up to 5x | Up to 90% | None | $110 |
| $25,000 | Unlimited | 4% ($1,000) | 6% ($1,500) | $2,500 | Up to 5x | Up to 90% | None | $275 |
| $50,000 | Unlimited | 4% ($2,000) | 6% ($3,000) | $5,000 | Up to 5x | Up to 90% | None | $495 |
| $100,000 | Unlimited | 4% ($4,000) | 6% ($6,000) | $10,000 | Up to 5x | Up to 90% | None | $800 |
Breakout Account (2-Step Evaluation)
This program suits traders who prefer a more gradual approach to evaluations, with two phases to demonstrate consistency:
- Evaluation Funding Capital: $5,000 to $100,000.
- Evaluation Target: 5% for Step 1, 10% for Step 2.
- Daily Max Loss: 5%.
- Max Loss: 8%.
- Evaluation Period: Unlimited, with 24/7 trading access.
- Minimum Trading Days: 14 days per phase.
2-Step Evaluation Table
| Account Size | Phase | Trading Period | Max Daily Loss | Max Loss | Profit Target | Leverage | Profit Split | Min Days | Price |
|---|---|---|---|---|---|---|---|---|---|
| $5,000 | Step 1 | Unlimited | 5% ($250) | 8% ($400) | $250 | Up to 5x | Up to 90% | 14 | $50 |
| Step 2 | Unlimited | 5% ($250) | 8% ($400) | $500 | Up to 5x | Up to 90% | 14 | Included | |
| Funded | Unlimited | 5% ($250) | 8% ($400) | – | Up to 5x | Up to 90% | – | – | |
| $10,000 | Step 1 | Unlimited | 5% ($500) | 8% ($800) | $500 | Up to 5x | Up to 90% | 14 | $100 |
| Step 2 | Unlimited | 5% ($500) | 8% ($800) | $1,000 | Up to 5x | Up to 90% | 14 | Included | |
| Funded | Unlimited | 5% ($500) | 8% ($800) | – | Up to 5x | Up to 90% | – | – | |
| $25,000 | Step 1 | Unlimited | 5% ($1,250) | 8% ($2,000) | $1,250 | Up to 5x | Up to 90% | 14 | $250 |
| Step 2 | Unlimited | 5% ($1,250) | 8% ($2,000) | $2,500 | Up to 5x | Up to 90% | 14 | Included | |
| Funded | Unlimited | 5% ($1,250) | 8% ($2,000) | – | Up to 5x | Up to 90% | – | – | |
| $50,000 | Step 1 | Unlimited | 5% ($2,500) | 8% ($4,000) | $2,500 | Up to 5x | Up to 90% | 14 | $450 |
| Step 2 | Unlimited | 5% ($2,500) | 8% ($4,000) | $5,000 | Up to 5x | Up to 90% | 14 | Included | |
| Funded | Unlimited | 5% ($2,500) | 8% ($4,000) | – | Up to 5x | Up to 90% | – | – | |
| $100,000 | Step 1 | Unlimited | 5% ($5,000) | 8% ($8,000) | $5,000 | Up to 5x | Up to 90% | 14 | $725 |
| Step 2 | Unlimited | 5% ($5,000) | 8% ($8,000) | $10,000 | Up to 5x | Up to 90% | 14 | Included | |
| Funded | Unlimited | 5% ($5,000) | 8% ($8,000) | – | Up to 5x | Up to 90% | – | – |
To begin trading with Breakout, traders must create and verify an account. The process is straightforward:
- Visit the Breakout website and click “Create an Account.”
- Enter required personal details to sign up.
- Select “Start New Evaluation,” choosing an evaluation type and account size with the corresponding fee.
- Provide billing information, applying an affiliate discount code if available.
- Choose a payment method (PayPal, Stripe, crypto, etc.) and click “Pay for Order.”
- Confirm the funding amount and complete the transaction within 15 minutes to avoid invoice expiration.
- If the invoice expires, restart the funding process.
Breakout, launched in late 2023, is an innovative crypto-native prop firm offering diverse payment methods and operational transparency to support traders’ goals. While limited to cryptocurrency trading with over 100 assets, it provides significant opportunities for crypto-focused traders. Operating under Breakout Trading Group, LLC, a registered U.S. company, the firm assures traders of its legitimacy. However, its strict prohibition on copy trading and external signals may not suit traders reliant on automated or third-party strategies.
