BreakOut at a glance
A two-step prop firm reviewed by the Tradelytic team and rated by funded traders.
Breakout (breakoutprop.com) is a crypto-focused proprietary trading firm launched in 2023 and acquired by major global exchange Kraken in 2025. Built specifically to solve the limitations crypto traders face on traditional forex-focused prop platforms, Breakout provides traders with funded accounts backed by institutional-grade crypto liquidity and direct exchange order book integration. The firm offers funding accounts ranging from $5,000 up to $200,000 across 60+ tradable crypto markets (including BTC, ETH, SOL, and major altcoins) alongside index CFDs such as the Nasdaq 100 and S&P 500.
Trading takes place on the proprietary Breakout Terminal, powered by Kraken infrastructure and accessible via web browsers and mobile apps (iOS and Android). Unlike traditional prop firms with complex trailing drawdowns or strict time limits, Breakout uses simple, static risk limits: a 3% max daily loss paired with a static max total drawdown of 3% to 6% depending on the chosen plan. All evaluation programs operate with zero time limits, zero minimum trading days, no consistency rules, and no restrictions on weekend holding or news trading.
Breakout structures its 1-Step evaluation challenges into three distinct tracks: Turbo (9% profit target, 3% drawdown, lowest entry fee), Classic (10% target, 6% drawdown), and Pro (12% target, 5% drawdown). Evaluation fees start as low as $40 for a $5,000 account. Once funded, traders enjoy 24/7 on-demand payouts in USDC (ERC-20) with a $50 payout threshold and a default 80% profit split, upgradable permanently to 90% at checkout.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
Breakout stands out as one of the most transparent, crypto-native prop trading firms on the market. Its acquisition by Kraken provides unmatched institutional credibility, execution stability, and payout reliability. The platform’s complete elimination of artificial pass restrictions – no maximum time limits, no minimum trading days, no consistency rules, and no news trading bans – gives disciplined crypto traders full operational freedom. On-demand, 24/7 payouts in USDC with no mandatory waiting cycles set a gold standard for funded account profit withdrawals.
The main trade-offs to keep in mind reflect the realities of crypto risk management. Leverage is capped strictly at 5:1 for BTC, ETH, and indices, and 2:1 for altcoins – meaning high-leverage gamblers will need to adapt to institutional position sizing. Additionally, total drawdown limits are tighter than forex prop firms (3% to 6% static), leaving less room for deep drawdown mistakes. Platform selection is also restricted to the proprietary Breakout Terminal – there is no MT4, MT5, or cTrader integration.
Pros & cons
The honest summary, weighed from our testing and trader feedback.
- Institutional credibility backed by Kraken exchange acquisition
- * True static maximum drawdown (3% to 6%) rather than predatory trailing drawdown rules
- * 24/7 on-demand payouts in USDC (ERC-20) with no waiting periods or minimum days
- * Zero time limits and zero minimum trading days on evaluations
- * No consistency rules, profit caps, or news trading restrictions
- * Weekend holding and overnight position holding fully permitted
- * 60+ tradable crypto markets alongside Nasdaq 100 and S&P 500
- * 80% standard profit split with permanent 90% split upgrade option at checkout
- Low leverage limits (5:1 on BTC/ETH/Indices, 2:1 on Altcoins)
- * Tighter max total drawdown limits (3% on Turbo, 5% on Pro, 6% on Classic)
- * Proprietary Breakout Terminal only – no MT4, MT5, or cTrader support
- * KYC verification required before receiving a funded account
- * Non-refundable evaluation challenge fees
Who it's for
Here's how to tell if this prop firm is right for you.
- Are a disciplined crypto trader who wants to trade funded accounts up to $200K
- * Want instant, 24/7 on-demand payouts in USDC directly to your crypto wallet
- * Value clear static drawdown parameters over complex trailing limits
- * Trade weekend crypto setups or swing trade overnight without holding restrictions
- * Prefer trading without time pressure or mandatory minimum trading day requirements
- Require high leverage (e.g., 50:1 or 100:1) for aggressive crypto scalping
- * Want to trade on MetaTrader 4, MetaTrader 5, or cTrader platforms
- * Need wide 10%+ total drawdown buffers to survive high volatility
- * Focus purely on spot forex pairs or stocks rather than crypto markets
Fees & platforms
What it costs to trade, and what you'll trade on.
BreakOut charges a one-time challenge fee with no monthly subscription. Account sizes range from $5,000 to $100,000, with the entry-level fee among the most accessible in the market. However, the $100,000 maximum is the lowest ceiling in our review set, limiting earning potential for growing traders. The two-step evaluation includes a Challenge and Verification phase, with an 8% maximum drawdown – tighter than the 10% standard at most leading firms, leaving less room for fluctuation. The fee is non-refundable with no free retry option, meaning each failed attempt requires a new full payment.
Evaluation Tiers & Pricing at BreakOut
Breakout offers 1-Step evaluation challenges across three distinct risk tiers: • 1-Step Classic: 10% Profit Target | 3% Daily Loss | 6% Static Drawdown | Entry from $85 ($5K) to $800 ($100K) * • 1-Step Pro: 12% Profit Target | 3% Daily Loss | 5% Static Drawdown | Entry from $65 ($5K) to $999 ($200K) * • 1-Step Turbo: 9% Profit Target | 3% Daily Loss | 3% Static Drawdown | Entry from $40 ($5K) to $799 ($200K) *
Drawdown & Risk Rules at BreakOut
Breakout enforces strict Static Drawdown rules. Unlike trailing drawdowns that rise as your equity increases, a static drawdown remains locked to your initial balance. For example, on a $100,000 Classic account (6% static drawdown), your account equity can never drop below $94,000 at any point. Daily loss limits are capped at 3% of your daily starting balance. Breaching a loss limit instantly disables the account without additional debt liability.
Profit Split & Upgrades at BreakOut
The default profit split on all funded Breakout accounts is 80/20 in favor of the trader. During checkout, traders can purchase a permanent 90/10 profit split upgrade for a minor fee (e.g., $102 vs $85 for a $5K Classic account). Once added, the 90% profit split applies permanently for the lifetime of that funded account.
Payout Policy at BreakOut
Payouts at Breakout are on-demand 24 hours a day, 7 days a week. There are no minimum trading day requirements before your first payout, no bi-weekly calendars, and no approval delays. Payouts are issued in USDC (ERC-20) with a minimum withdrawal threshold of $50 after the profit split. The moment a payout is requested, the account balance resets, allowing traders to keep trading immediately.
Trading Rules & Restrictions at BreakOut
Breakout maintains a trader-friendly rule book: • News Trading: Fully allowed * • Weekend / Overnight Holding: Fully allowed across all crypto pairs * • Time Limits: None (take as long as needed to pass) * • Minimum Days: None (can pass in 1 trade) * • Consistency Rules: None *
BreakOut Trading Platforms
Trading is conducted on the proprietary Breakout Terminal, powered by Kraken's institutional infrastructure. The terminal includes advanced order types (limit, market, stop-loss, take-profit), real-time risk tracking, responsive TradingView charting tools, and direct execution across 60+ crypto pairs, Nasdaq 100, and S&P 500.