Breakout

What is Breakout?

Breakout is a crypto-focused prop trading firm founded in 2023 in Tampa, Florida, and acquired by Kraken in September 2025. You buy a one-time evaluation, hit the profit target without breaking the loss limits, and then trade a simulated funded account of up to $200,000 while keeping up to 90% of the profits.

The two best things about it are the exchange backing (very rare in this industry) and the simple rules: no time limit, no minimum trading days and no consistency rule. The cheapest evaluation starts at $20 for a $5K Turbo account.

How Breakout works

Every Breakout evaluation is a single phase. You pick one of three plans, and the main difference is how much drawdown room you get versus how cheap the fee is:

• Classic (1-Step): 10% profit target, 6% static max drawdown, 3% daily loss limit. The most forgiving plan, from $45 up to $800 for a $100K account.
• Pro (1-Step): 12% profit target, 5% static max drawdown, 3% daily loss limit. From $33, with sizes up to $200K ($1,090).
• Turbo (1-Step): 9% profit target, 3% static max drawdown, 3% daily loss limit. The cheapest plan, from $20, with sizes up to $200K ($660).

All listed prices are for the default 80% split. Choosing the 90% split adds roughly 20% to the evaluation fee.

Breakout rules at a glance

• Profit split: 80% by default, up to 90% with the paid upgrade
• Payout speed: On demand, in USDC, with no waiting period for the first payout
• Max drawdown: Static, 6% (Classic), 5% (Pro) or 3% (Turbo) from the starting balance
• Daily drawdown: 3% on every plan
• Minimum trading days: None, and no time limit
• News trading: Allowed
• Weekend and overnight holding: Allowed
• Leverage: Capped per instrument, up to 5x on most plans
• Platform: Breakout Terminal (web and mobile) and DXtrade
• Markets: 60+ crypto pairs plus a few index and commodity markets
• Account sizes: $5,000 to $200,000 (Classic tops out at $100K)
• Cheapest price: $20 for a $5K Turbo evaluation

Who is Breakout best for?

• Crypto traders who want to trade BTC, ETH and altcoins around the clock
• Traders who dislike time limits and minimum trading day rules
• Swing traders who need to hold positions overnight and through weekends
• Traders who value a firm owned by a large, established exchange
• Beginners who want a low-cost way to test their strategy (Classic is the safer pick)

Things to keep in mind

• Drawdown room is tight compared to forex prop firms. Turbo gives you only 3% total, which leaves very little margin for error.
• There are no resets. If you breach a limit, the account is closed and you need to buy a new evaluation.
• Evaluation fees are non-refundable once you start trading.
• The 90% split is a paid add-on, not the default.
• It is mainly a crypto firm, with no MT4, MT5 or TradingView execution, so forex traders may find it limiting.
• Some countries are restricted, so check eligibility before buying.

Is Breakout legit?

Yes, Breakout is one of the more trustworthy names in crypto prop trading. It operates as Breakout Trading Group, LLC, its acquisition by Kraken is publicly confirmed, and it has a large base of trader reviews. Still, treat it like any prop firm: start with a small account, complete at least one payout, and read the full rules (especially the daily loss and leverage limits) before scaling up.

Breakout discount code

Breakout regularly runs promotions, and partner discount codes for around 5% off are commonly available. Apply the PROPI code at checkout and confirm it's active before you pay, as offers change often.