Breakout Prop has emerged as a game-changing platform that's redefining the sphere of proprietary trading. Launched in November 2023, this innovative firm has quickly garnered attention for its unique approach to crypto trading, combining technology with a trader-centric philosophy.
Breakout Prop is more than just a trading firm; it's a gateway to a dynamic trading environment where you can hone your skills, master risk management, and stay ahead of market trends. Whether you're a beginner or a seasoned trader, Breakout Prop offers the tools and resources you need to thrive in the fast-paced world of crypto trading.
What Sets Breakout Prop Apart?
| Key Feature | Details |
|---|---|
| Platform | Breakout Terminal (custom-built web and mobile app) |
| Payout Split | Up to 90% |
| First Payout | 14 days after achieving success |
| Subsequent Payouts | Weekly |
| Maximum Drawdown | Varies by account size (e.g., $300 for a $5,000 account) |
| Headquarters | Dubai, United Arab Emirates |
| Max Funding | $100,000 |
| Funding Programs | One-phase and two-phase evaluations |
| Leverage | Up to 5:1 |
| Trading Instruments | Over 100 crypto assets |
| Trading Fees | $3.50 per side per $10,000 traded |
| Contact | support@breakout.com |
Breakout Prop positions itself as a crypto-native proprietary trading firm, offering unparalleled trading experience on centralized exchanges. The platform's commitment to transparency, coupled with its state-of-the-art trading infrastructure, sets it apart in the competitive world of prop trading.
- Uncompromising Execution
At the heart of Breakout Prop's offering is its commitment to uncompromising execution. Traders can access over 100 crypto assets with the best available perpetual futures liquidity sourced from tier 1 centralized exchanges. This ensures tight spreads, visible order book depth, and advanced trading tools that give traders a significant edge in the market.
- The Breakout Terminal
One of the standout features of Breakout Prop is its custom-built web and mobile app, the Breakout Terminal. This platform is designed with the modern trader in mind, offering: Advanced order types, one-click trading, and built-in risk management tools.
Account Types and Evaluation Process
Breakout Prop offers a diverse range of account types to cater to traders with varying experience levels and capital requirements.
The platform provides two evaluation options: a one-phase and a two-phase evaluation, each available in five different account sizes ranging from $5,000 to $100,000.
The one-phase evaluation requires traders to meet a single profit target, while the two-phase evaluation involves reaching two consecutive profit goals. Each account type comes with specific risk management parameters, including maximum daily loss and maximum drawdown limits, which are proportional to the account size.
For instance, the $5,000 account in the one-phase evaluation has a profit target of $500, a maximum daily loss of $200, and a maximum drawdown of $300.
In contrast, the same account size in the two-phase evaluation has profit targets of $250 and $500 for phases 1 and 2 respectively, with a maximum daily loss of $250 and a maximum drawdown of $400.
All account types offer leverage of up to 5:1, providing traders with flexibility in their trading strategies.
The evaluation fees are reasonably priced, starting from $55 for the $5,000 one-phase evaluation and scaling up to $800 for the $100,000 account. This structured approach allows traders to choose an account type that best suits their trading style, risk tolerance, and financial goals.
1. One-Phase Evaluation
| Account Size | Evaluation Fee | Step 1 Goal | Max Daily Loss | Max Drawdown | Leverage |
|---|---|---|---|---|---|
| $5,000 | $55 | $500 | $200 | $300 | Up to 5:1 |
| $10,000 | $110 | $1,000 | $400 | $600 | Up to 5:1 |
| $25,000 | $275 | $2,500 | $1,000 | $1,500 | Up to 5:1 |
| $50,000 | $495 | $5,000 | $2,000 | $3,000 | Up to 5:1 |
| $100,000 | $800 | $10,000 | $4,000 | $6,000 | Up to 5:1 |
2. Two-Phase Evaluation
| Account Size | Evaluation Fee | Step 1 Goal | Step 2 Goal | Max Daily Loss | Max Drawdown | Leverage |
|---|---|---|---|---|---|---|
| $5,000 | $50 | $250 | $500 | $250 | $400 | Up to 5:1 |
| $10,000 | $100 | $500 | $1,000 | $500 | $800 | Up to 5:1 |
| $25,000 | $250 | $1,250 | $2,500 | $1,250 | $2,000 | Up to 5:1 |
| $50,000 | $450 | $2,500 | $5,000 | $2,500 | $4,000 | Up to 5:1 |
| $100,000 | $725 | $5,000 | $10,000 | $5,000 | $8,000 | Up to 5:1 |
Profit Sharing and Payouts
One of the most attractive features of Breakout Prop is its generous profit-sharing structure. Successful traders can keep up to 90% of their gains, which is highly competitive in the prop trading industry.
The payout schedule at Breakout Prop is designed to ensure traders receive their earnings promptly:
- First payout: After 14 days
- Second payout: Within 10 days of the new trading period
- Subsequent payouts: Weekly, processed within 24 hours
This reliable payout structure supports traders' financial planning and rewards successful trading activities without delay.
The Future of Prop Trading | Why Crypto?
Breakout Prop's focus on cryptocurrency trading is a strategic move that capitalizes on the unique advantages of the crypto market. These include:
- 24/7 Market Access: Unlike traditional markets, crypto markets operate around the clock, providing more trading opportunities.
- High Volatility: The crypto market's volatility creates numerous trading opportunities for skilled traders.
- Diverse Asset Selection: With over 100 crypto assets available, traders can diversify their strategies and find opportunities in various market conditions.
- Technological Innovation: The crypto space is at the forefront of financial technology, allowing for innovative trading tools and strategies.
Commonly Asked Questions
How many Crypto Assets can I Trade on Breakout Prop?
Traders can access over 100 crypto assets with the best available perpetual futures liquidity sourced from tier 1 centralized exchanges.
What types of Evaluations does Breakout Prop Offer?
Breakout Prop offers two evaluation options: a one-phase and a two-phase evaluation.
Is there a Time Limit for completing The Evaluation?
No, Breakout Prop does not impose any time limits on the evaluation process.
What is The Maximum Leverage Offered?
All account types offer leverage of up to 5:1.
Are there Risk Management Rules in place?
Yes, Breakout Prop enforces maximum daily loss and maximum drawdown limits, which vary based on the account size.
What are The Trading Fees?
Breakout Prop charges a fee of $3.50 per side per $10,000 traded.
Does Breakout Prop offer Educational Resources?
Yes, Breakout Prop provides an extensive FAQ section, regular trade news updates, clear rules and terms, and dedicated customer support.
Conclusion | A New Frontier in Prop Trading
Breakout Prop represents a new frontier in proprietary trading, specifically tailored for the crypto markets. By combining advanced technology, a trader-centric approach, and access to significant capital, the platform is creating opportunities for skilled traders to thrive in the dynamic world of cryptocurrency trading.
While the evaluation process may be challenging and the firm is relatively new compared to more established players, Breakout Prop's unique focus on crypto trading and its location in the UAE with minimal regulatory requirements make it an intriguing option for those seeking to break into the world of proprietary trading.
