Details About Breakout Prop
- Legal Name: The legal name of Breakout Prop is Breakout Trading Group, LLC.
- Company Number: The registration number of Breakout Prop is 7403672.
- Country of Registration: Breakout Prop is registered in US.
- CEO: The CEO of Breakout Prop is Alex Miningham.
- Support Mail: You can contact Breakout Prop at [email protected].
- Phone: The phone number for Breakout Prop is not publicly available.
- Payment Modes: Breakout Prop supports payments via Crypto.
- Withdrawal Modes: Breakout Prop facilitates withdrawals through Crypto.
- Official Website: Visit the official website of Breakout Prop at https://www.breakoutprop.com.
- Banned Countries: Breakout Prop does not allow traders from Afghanistan, Belarus, Central African Republic, Congo (DR), Cuba, Ethiopia, Iran, Iraq, North Korea, Lebanon, Libya, Mali, Myanmar, Nicaragua, Russia, Somalia, Sudan, Syria, Ukraine, Venezuela, Vietnam, Yemen, Zimbabwe.
Challenge Details at Breakout Prop
- Types of Challenge:The challenges offered at Breakout Prop include One Phase Challenge, Two Phase Challenge.
- Trading Platforms: Breakout Prop supports trading on undisclosed platforms.
- Trading Instruments:Traders at Breakout Prop can trade Crypto.
- Broker:The broker associated with Breakout Prop is not disclosed.
- Max Allocation:The maximum allocation provided by Breakout Prop is 600,000.
- Scaling:The scaling potential at Breakout Prop reaches up to not available.
- Trading Competitions: Breakout Prop does not organize trading competitions for traders.
- Free Trials: Breakout Prop does not offer free trials to its users.
Breakout Prop is a fairly new prop trading firm designed specifically for crypto traders. Established in November 2023,, this firm offers you a unique and powerful opportunity to trade crypto with top-tier liquidity from centralized exchanges. Breakout Prop offers transparency and high-performance platforms for Crypto Trading.
Company Information
- Company Name: Breakout Prop
- Company Legal Name: Breakout Trading Group, LLC
- Company Registration No.: 7403672
- Country of Registration: USA
- CEO Name: Alex Miningham
- Support Email: [email protected]
Challenge Details
Breakout Prop offers two main evaluation challenges for traders who want to prove their skills and start trading a funded account.
1-Step Evaluation
Pricing:
- $5,000 Account: $55
- $10,000 Account: $110
- $25,000 Account: $275
- $50,000 Account: $495
- $100,000 Account: $800
Rules:
- Profit Target: 10%
- Daily Drawdown: 4%
- Max Drawdown: 6%
- Drawdown Type: Static Based Drawdown
- Profit Share : 80%, with add on 90% and can be scaled up to 95%
- Time Limit : Unlimited
- Leverage : Up to 5:1
- Payout Period: 7 days
- Copy Trading: Allowed
- Minimum Trading Days : 0
2-Step Evaluation
Pricing:
- $5,000 Account: $50
- $10,000 Account: $100
- $25,000 Account: $250
- $50,000 Account: $450
- $100,000 Account: $725
Rules:
- Profit Target (Phase 1): 5%
- Profit Target (Phase 2): 10%
- Daily Drawdown: 5%
- Max Drawdown: 8%
- Drawdown Type: Static Based Drawdown
- Profit Share : 80%, with add on 90% and can be scaled up to 95%
- Time Limit : Unlimited
- Leverage : Up to 5:1
- Copy Trading: Allowed
- Payout Period: 7 days
- Minimum Trading Days : 0
Scaling Plan
While Breakout Prop doesn't outline a specific scaling plan, successful traders who consistently perform well are typically given access to larger account sizes. This allows them to continue growing their profits as they maintain risk management discipline and adhere to the firm’s trading rules.
Spreads and News Trading Rules
Spreads
Breakout Prop offers access to tight spreads and a visible order book depth, giving traders an edge in competitive markets. Their trading platform sources liquidity from top-tier centralized exchanges, ensuring minimal slippage and maximum efficiency.
News Trading Rules
News trading is fully allowed, but traders should be aware that spreads tend to widen during high-volatility events. Liquidity may fluctuate due to third-party market maker reactions, which could affect the execution of simulated trades, especially with market orders. This is not a flaw in Breakout Prop’s system but a reflection of general market behavior.
Other Important Rules
Daily Drawdown Calculation
Daily Drawdown is calculated based on equity or balance whichever is higher at the end of the day and it will keep updating at the end of the day. Daily drawdown updates everyday at 17:00 EST. Due to the nature of Equity based drawdown, Traders must understand that their drawdown limit will keep changing based on the PnL of their equity or balance and can grow or shrink.
Countries Banned from Purchasing:
Breakout Prop is unable to provide its services to traders from or in the following countries:
- Afghanistan, Belarus, Burma, Central African Republic, Cuba, Democratic Republic of the Congo, Ethiopia, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, Sudan, Syria, Venezuela, Vietnam, Yemen, Zimbabwe, and parts of Ukraine (Crimea, Donetsk, Luhansk).
Gambling Rules:
- Trading strategies that exploit pricing errors, latency, or use non-public information are strictly prohibited.
- Strategies that involve high-risk maneuvers that would be difficult to replicate in a live market setting, like arbitrage or front-running, are banned.
Prohibited Trading Strategies:
- Exploiting platform errors or latency
- Utilizing insider or non-public information
- Front-running trades or market manipulations
- Copying trading signals or ideas from third-party sources
- Sharing accounts or trading multiple accounts from the same IP
Payout Methods
Breakout Prop currently supports crypto payouts in USDT (ERC20). Payouts are processed every 7 days, provided the trader meets the withdrawal requirements.
Trading Commissions
Trading crypto on Breakout Prop incurs a fee of $3.50 per side per $10,000 traded. This works out to $7 per round trip, including both opening and closing trades. Additionally, there's a swap fee of 0.09% per open position per day, deducted at 00:00 UTC.
Breakout Prop Challenge Account Pricing
1-Step Evaluation
Pricing
Size: $5000 ($55)
Size: $10000 ($110)
Size: $25000 ($275)
Size: $50000 ($495)
Size: $100000 ($800)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
2-Step Evaluation
Pricing
Size: $5000 ($50)
Size: $10000 ($100)
Size: $25000 ($250)
Size: $50000 ($450)
Size: $100000 ($725)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
5%-10%
Daily Loss
5%
Frequently Asked Questions
Reviews
No reviews availavle!
Web Traffic Data
Web Traffic
Total Overview
Pages per visit
380,863
Total Visits
4.103
Global Rank
139,391
Country Rank
6,833
Traffic Source
Spending on vaarious categories
Social
Paid Referral
Referrals
Search
Direct
Sales By Countries
Monthly Sales Overview