Breakout Prop Firm Review – What You Need to Know in 2025
Breakout launched in November 2023 and is based in the United States. It is run by a team of four crypto experts led by co-founder and CEO Alex Miningham alongside @Tradermayne and @CryptoCred. The firm stands out with its focus on crypto trading and has been acquired by Kraken.
Breakout Best suited for:
- Crypto fans who love quick market moves:
- Traders who want no time limits on tests:
- Beginners seeking simple rules and low fees:
- Scalpers aiming for fast trades on altcoins:
Pros of Breakout
Pros
- Up to 90% profit split for traders:
- Daily payouts with no delays:
- One-step or two-step challenges with clear rules:
- Custom platform with one-click trades:
- Access to over 100 crypto assets:
Cons
How Does Breakout Work? (Step-by-Step Guide)
- Pick a challenge size and type from $5,000 to $200,000
- Hit the profit goal while keeping drawdown low
- Pass the test and get a funded account
- Trade crypto with firm capital
- Request your share of profits anytime
Breakout Account Types & Funding Options
- One-step challenge with 10% profit target:
- Two-step challenge with 8% then 5% targets:
- Account sizes from $5,000 to $200,000:
- Fees from $45, no refunds needed:
Profit Targets & Payouts
- 10% target for one-step plans
- 8% then 5% for two-step plans
- Daily payouts on request
- Processed in 24 hours via USDC
- 4% daily drawdown and 6% max for one-step
Leverage & Trading Conditions
- Up to 5x leverage on BTC and ETH
- 2x leverage on altcoins
- Liquidity sourced from OKX
- Overnight fee at 0: 00 UTC of 5bps
- $3.50 fee per side per $10,000 traded
- No minimum trade days required
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Allowed Scalping on short moves
- Swing trading over days
- News trading during events
- Overnight and weekend holds
Restricted Trading Strategies
- Restricted Arbitrage on price gaps
- High-frequency trading
- Copy trading from others
- Exploiting latency or errors
How Long Does It Take to Get Funded by Breakout?
- No time limit to pass the challenge
- Funding in 24 hours after success
- KYC approval in minutes
- Start trading right away on funded account
How Long Has Breakout Been Around?
Breakout started in November 2023. It has grown fast with over 20,000 funded accounts and $4.5 million in seed funding from top investors like RockawayX.
Who Owns Breakout? (Founder & Company Background)
Co-founders include CEO Alex Miningham and Dylan Loomer. The company is Breakout Trading Group, LLC, registered in the US with number 7403672. It is not regulated but has been acquired by Kraken
What Can You Trade with Breakout? (Supported Markets & Assets)
You can trade over 100 crypto assets like BTC, ETH, and altcoins. It uses perpetual futures with liquidity from big exchanges. The platform is the Breakout Terminal, a custom web and mobile app.
Does Breakout Offer Education & Trader Support? (Learning Resources & Coaching)
Breakout gives free trading courses and guides. It has a dashboard for performance checks. No coaching, but the Discord community shares tips.
How Good is Breakout’s Customer Support? (Response Time & Availability)
Traders can reach support via live chat, email, or Discord 24/7. The team helps fast with setup and issues. Many say it is quick and friendly.
Is Breakout a Scam or a Legit Prop Firm?
Breakout is legit with US registration and real payouts to thousands. Having been acquired by Kraken, the team has vast crypto experience and has gone from strength to strength in the industry.
User Reviews & Community Feedback on Breakout
- Traders on Discord and X praise the easy platform and quick payouts. They like the crypto focus and helpful chat support.:
Alternatives to Breakout – How It Compares
- FTMO – strong rules and 90% split for all assets:
- FundedNext – 95% split and quick funding:
- The 5%ers – no time limits and instant options:
Final Verdict – Should You Trade with Breakout?
Breakout fits crypto traders who want simple tests, high splits, and daily cash. Its custom tools and exchange liquidity make it a top pick in 2025.

