Overview
Breakout is a US-based proprietary trading firm specializing in crypto assets, offering a 2-step challenge evaluation process and a custom-built trading platform. With a strong focus on crypto trading, Breakout stands out with its high Trustpilot score and impressive payout track record. Founded in 2023, the firm has quickly gained recognition in the industry.
Challenge Structure & Pricing
Breakout's 2-step challenge comes with a starting price of $45, which is relatively competitive in the market. The firm offers a max allocation of $200K, providing traders with significant funding opportunities. The evaluation process is designed to assess traders' skills and risk management, with a balance-based max drawdown.
Profit Split & Payouts
Breakout offers a profit split of up to 100%, which is one of the most attractive offers in the industry. The firm's payout frequency is on-chain, with an average payout speed of 4 hours, allowing traders to receive their profits quickly. Over the last 30 days, Breakout has made 500 payouts, with a total payout volume of $45.0M, demonstrating its reliability in paying out traders.
Trading Conditions
Breakout's custom-built platform, the Breakout Terminal, provides traders with access to over 100 crypto assets, trading 24/7. The platform is available on both web and mobile, offering flexibility and convenience. With Tier 1 CEX liquidity from major exchanges like OKX, Bybit, and Binance, traders can expect tight spreads, including 0.3 pip for EUR/USD. However, some traders have reported that the terminal can be laggy at times.
Trust & Reputation
Breakout has an impressive Trustpilot score of 4.8/5, based on 852 reviews, making it one of the highest-rated crypto prop firms. The firm has also achieved zero lifetime payout denials, demonstrating its commitment to paying out traders. With a strong payout track record and high customer satisfaction, Breakout has established a solid reputation in the industry.
Who Is It Best For?
Breakout is best suited for traders who specialize in crypto assets and are looking for a firm with a strong focus on crypto trading. The firm's custom-built platform, daily payouts, and high profit split make it an attractive option for traders who want to capitalize on the crypto market.
The Bottom Line
Breakout is a reputable and attractive option for crypto traders, offering a competitive challenge structure, high profit split, and reliable payouts. While the firm's newer establishment and limited asset classes may be a concern for some traders, its strong reputation and payout track record make it a viable choice for those looking to trade crypto assets. Overall, Breakout is a solid choice for traders who want to specialize in crypto trading.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
