Bybit

Breakout Prop

**Breakout Prop Firm** positions itself as a **crypto-native proprietary trading firm** offering a high level of transparency and a robust trading environment on centralized exchanges. 

Whether you're trading Bitcoin or a variety of altcoins, Breakout Prop Firm promises **tight spreads, advanced trading tools, and an impressive liquidity pool.**

Ready to start your trading journey with Breakout Prop Firm? **Create an account today** and begin one of the challenges to test your trading skills!

## **Coupon Code for Breakout Prop Firm**

At the time of writing, no promotional codes or coupon codes are available for Breakout Prop Firm.

## **About Breakout Prop Firm: An Overview**

### **Company Name**

Breakout Trading Group, LLC (doing business as Breakout Prop Firm).

### **Address Details**

The address details for Breakout Prop Firm are not disclosed on their website.

### **Founding Year**

Breakout Prop Firm was established in November 2023.

### **Registration Location**

The company is registered in the United Arab Emirates.

### **Who Owns Breakout**

The owner of Breakout Prop Firm is Alex Miningham.

## **Trading Platforms**

Breakout Prop Firm offers a custom-built web and mobile application known as the **Breakout Terminal**. 

This modern platform provides advanced order types, one-click trading, and built-in risk management features, ensuring that traders have access to a comprehensive and intuitive trading experience. 

The platform supports over 100 crypto assets, allowing traders to execute their strategies with precision and ease.

## **Instruments Available at Breakout**

Traders at Breakout Prop Firm can **trade over 100 crypto assets**, offering a diverse range of trading opportunities. 

The centralized exchange environment ensures excellent liquidity, tight spreads, and a visible order book depth, enabling efficient and effective trading.

## **Account Sizes**

Breakout Prop Firm offers a range of account sizes to accommodate various trading preferences and capital levels. The available account sizes are:

- $5,000
- $10,000
- $25,000
- $50,000
- $100,000

## **Profit Splits in Breakout Prop Firm**

Traders at Breakout Prop Firm can retain up to 90% of their gains, which is a highly competitive profit split structure in the industry. This generous profit retention rate is designed to incentivize and reward successful traders.

## **Profit Targets for Breakout Prop Firm**

The profit targets for each challenge phase at Breakout Prop Firm are as follows:

**Step 1 Goal:**

- $5,000 account: $500
- $10,000 account: $1,000
- $25,000 account: $2,500
- $50,000 account: $5,000
- $100,000 account: $10,000

## **Maximum Daily Drawdown and Loss at Breakout Prop Firm**

Breakout Prop Firm enforces strict risk management rules to ensure trader discipline and account longevity. The maximum daily loss and maximum drawdown limits are as follows:

**Maximum Daily Loss:**

- $5,000 account: $200
- $10,000 account: $400
- $25,000 account: $1,000
- $50,000 account: $2,000
- $100,000 account: $4,000

**Maximum Drawdown:**

- $5,000 account: $300
- $10,000 account: $600
- $25,000 account: $1,500
- $50,000 account: $3,000
- $100,000 account: $6,000

## **Minimum/Maximum Trading Days Required at Breakout Prop Firm**

**There are no time limits imposed on the evaluation** **process at Breakout Prop Firm**. Traders can take as much time as needed to meet the evaluation criteria, promoting a stress-free and flexible trading environment.

## **Steps Available Across Challenges**

Breakout Prop Firm offers a structured evaluation process designed to assess and reward trader performance. The challenge steps are as follows:

1. **Pass the Breakout Evaluation**: Traders can select a one-phase or two-phase evaluation process. There are no time limits for completing the evaluations.
2. **Trade Your Funded Breakout Account**: Once the evaluation is passed, traders can start trading a live account and keep up to 90% of the gains.

## **Pricing for Breakout Prop Firm Challenge**

The pricing for the Breakout Prop Firm Challenge varies based on the account size selected. Here are the costs to start each challenge:

- $5,000 account: $55
- $10,000 account: $110
- $25,000 account: $275
- $50,000 account: $495
- $100,000 account: $800

These fees are designed to cover the evaluation and setup of the trading accounts, ensuring traders have access to the necessary resources and support.

## **Commissions and Fees at Breakout Prop Firm**

Breakout Prop Firm charges competitive fees for crypto trading, ensuring cost-effective trading conditions for its users. The trading fees are:

- **$3.50 per side per $10,000 traded**

This fee structure is straightforward, allowing traders to easily calculate their costs and plan their trading strategies accordingly.

## **Breakout Prop Firm: Refund Policies**

Breakout Prop Firm **does not offer any refunds.** This policy is clearly stated to ensure transparency and manage trader expectations from the outset.

## **Trial Offers at Breakout Prop Firm**

At the time of writing, Breakout Prop Firm does not mention the availability of any free trials on their website.

## **Payout Schedules of Breakout Prop Firm**

Breakout Prop Firm has a structured and timely payout schedule to ensure traders receive their profits promptly. The payout schedule is as follows:

- **First payout**: After 14 days
- **Second payout**: Within 10 days of the new trading period
- **Subsequent payouts**: Weekly, processed within 24 hours

This frequent and reliable payout structure is designed to support traders' financial planning and reward their successful trading activities without delay.

## Advantages and Disadvantages

### **Advantages**

- Intuitive and fast platform that simulates a real trading account with liquidity from Bybit.
- Excellent customer support that is quick to help and efficient in addressing issues.
- Positive impact on users' trading mindset, especially for those with funded accounts.
- Quick payouts with minimal rules and efficient issue resolution.
- Continuous communication and updates from support during issue resolution.

### **Disadvantages**

- No specific negative reviews mentioned.

## Useful information

### **Breakout Evaluation**

- **Two Trading Stages**: Evaluation and live trading.
- **Demo Account Goal**: Based on demo account equity, including unrealized gains/losses.
- **Progression**: Login credentials for a new demo account after passing a stage, with the balance reset.
- **Maximum Drawdown**:
    - One-step account: Fixed, does not trail.
    - Two-step account: Trailing, based on the highest account balance.
- **Maximum Daily Loss**: Calculated based on demo account equity and reset daily at 1700 EST.
- **Leverage**: Up to 5:1 for BTC and ETH, 2:1 for altcoins.
- **Cost of Trading**: $3.50/side per $10,000, with fees, slippage, and swaps applying.
- **Inactivity Rule**: Accounts disabled after 30 days of inactivity.
- **Refund Policy**: No refunds offered.
- **Live Environment**: Trading during the Breakout Evaluation takes place in a demo environment with added latency to prevent prohibited trading practices.

### **Additional Information**

- **Modern Trading Terminals**: Custom web and mobile apps for fast and seamless trade execution.
- **Transparency**: Data on evaluation success rates, breaches, and payouts are openly shared.
- **Trader Bonus**: Monetary bonuses provided to traders upon meeting certain conditions.
- **Prohibited Uses**: Includes violating any laws, scraping, hacking, unauthorized trading strategies, and account sharing.
- **No Advice/Education**: The Company does not provide investment advice or trader education.
- **Account Opening**: Personal information required; one active account per assessment without prior approval.
- **Terms and Conditions**: This Agreement is legally binding and subject to change at the Company's discretion.
- **Trademarks**: Use of the Company's trademarks without permission is prohibited.
- **Disclosure Statement**: Trading and investing involve high risk, and past performance is not indicative of future results.
- **Term and Termination**: The Company reserves the right to terminate services at its discretion.
- **Disclaimer of Warranties and Limitation of Liability**: Services are provided "as-is" with limited liability.
- **Indemnification**: Traders must indemnify the Company against claims arising from their use of the services.
- **Arbitration**: Any disputes will be settled by arbitration in Miami, Florida.

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Breakout Prop - 10K - 1 Step - 80%