Breakout is a crypto-native prop firm founded in 2023 and acquired by Kraken in September 2025. It funds accounts from $5,000 to $200,000 through 1-step and 2-step evaluations with no time limits, no minimum trading days, and no consistency rules. Traders keep 80% of profits, upgradeable to 90%, paid on demand in USDC. All trading runs on the firm’s own Breakout Terminal.
Rating Breakdown
Pros
- Owned by Kraken, a major US crypto exchange, since September 2025
- No time limits, no minimum trading days, no consistency rules
- On-demand payouts in USDC, usually processed within 24 hours
- Evaluation fee refunded with your first payout
- Static drawdown on 1-step Classic accounts
- 100+ crypto perpetual pairs to trade
- 4.8/5 Trustpilot rating from roughly 900 reviews
- Four programme tiers cover different budgets and risk styles
- Active Discord community of 20,000+ members
Cons
- Proprietary Breakout Terminal only, no MT4, MT5, or TradingView execution
- Total allocation capped at $200,000, lower than many competitors
- Leverage limited to 5x on BTC/ETH and 2x on altcoins
- Payouts in USDC on the ERC-20 network only
- 90% profit split costs extra
- Crypto only, no forex, indices, or commodities
- US and UK residents reported as restricted
Account Plans and Pricing
Classic 1-Step Challenge Rules
| Evaluation type | One-step |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | None |
| Max drawdown | 6% static, fixed to starting balance |
| Daily loss limit | 3%, resets at 00:30 UTC |
| Consistency rule | None |
| Fee refund | Returned with first payout |
Classic 2-Step Challenge Rules
| Evaluation type | Two-step (Step 1 + Step 2) |
| Step 1 profit target | 5% |
| Step 2 profit target | 10% |
| Time limit | None |
| Min. trading days | None |
| Consistency rule | None |
| Fee refund | Returned with first payout |
Payouts
| Payout schedule | On demand, 24/7 |
| Processing speed | Typically within 24 hours |
| Profit split | 80% standard; 90% available as a paid option |
| Payout currency | USDC on the ERC-20 network only |
| First payout | Includes full refund of the evaluation fee |
| Track record | Reviewers report no verified payout denials to date |
Trading Conditions
| Platform | Breakout Terminal (web, iOS, Android) |
| MT4 / MT5 / TradingView | Not supported for execution |
| Instruments | 100+ crypto perpetual pairs |
| Leverage | 5x on BTC and ETH; 2x on altcoins |
| Trading fees | 0.04% per side |
| Overnight / weekend holding | Crypto markets run 24/7 |
| Scaling | Case-by-case review after consecutive profitable months, up to $200K per trader |
| Restricted regions | US and UK residents reported as restricted |
Our Verdict
Breakout’s biggest asset is its owner. Kraken completed its acquisition of the firm on September 1, 2025, making it the first crypto exchange to move into prop trading. That removes the single biggest worry in this space: whether an offshore operator will still exist, and still pay, six months from now. Few prop firms in any market can point to a parent company of that size.
The rules are clean. There are no time limits, no minimum trading days, and no consistency rules on any programme. You can pass an evaluation in one trade if your risk stays inside the drawdown limits. The Classic 1-Step pairs a 10% target with a 6% static drawdown and a 3% daily limit. Static drawdown matters here: it stays fixed to your starting balance instead of trailing your gains, so a winning run does not shrink your room for error.
Payouts are the other standout. Withdrawals are on demand, 24/7, and normally land within 24 hours in USDC. Your first payout also refunds the evaluation fee. Third-party reviewers report no verified payout denials, and the firm holds a 4.8/5 Trustpilot rating from roughly 900 reviews.
The trade-offs are real. Everything runs through the proprietary Breakout Terminal, so traders who live in TradingView or MetaTrader will need to adjust. Leverage is conservative at 5x on BTC and ETH and 2x on altcoins. The $200,000 total allocation cap is low next to firms offering seven-figure scaling paths. And payouts arrive only in USDC on the ERC-20 network, which means gas fees and a required wallet setup. Reviews also report that US and UK residents cannot open accounts.
For crypto traders specifically, Breakout is one of the strongest options available. The rules are simple, the backing is credible, and the payout record is clean. If you need forex or indices, or you want allocations beyond $200K, look at a multi-asset firm instead.
Breakout Discounts
Breakout does not run a permanent public coupon code that we can verify right now. The firm prices its evaluations from around $45 at the $5,000 tier, and your evaluation fee is refunded with your first payout, which works like a built-in discount for traders who pass.
Promotions do appear around product launches and market events, so check the current offers on the Breakout site before you buy.
Check Current Breakout PricingFrequently Asked Questions
Is Breakout a legitimate prop firm?
Yes. Breakout was founded in 2023 by crypto traders TraderMayne and CryptoCred, and Kraken, the US crypto exchange, acquired it on September 1, 2025. It holds a 4.8/5 Trustpilot rating from roughly 900 reviews. Kraken ownership makes it one of the most credible names in crypto prop trading.
What are the Breakout evaluation options?
Breakout offers a Classic 1-Step with a 10% profit target, a Classic 2-Step with 5% then 10% targets, plus Elite Pro and Elite Turbo tiers with different target and drawdown mixes. Account sizes run from $5,000 to $200,000. There are no time limits, no minimum trading days, and no consistency rules.
How do Breakout payouts work?
Payouts are on demand, 24/7, paid in USDC on the ERC-20 network. Most withdrawals process within 24 hours. The default profit split is 80%, with a 90% option available for an extra fee. Your first payout also refunds your evaluation fee.
What platform does Breakout use?
All trading runs on the Breakout Terminal, the firm’s own platform, available on web, iOS, and Android. MT4, MT5, and TradingView execution are not supported. You can trade 100+ crypto perpetual pairs with up to 5x leverage on BTC and ETH and 2x on altcoins.
Can US traders join Breakout?
Third-party reviews report that US and UK residents are restricted from opening Breakout accounts. Check the current eligibility list on the Breakout website before you buy an evaluation, since availability may change under Kraken ownership.
Ready to try Breakout?
Kraken-backed crypto funding up to $200K. No time limits. No consistency rules. On-demand USDC payouts.
Visit Breakout →