Breakout Prop Firm Review 2026: Rules, Payouts and How It Compares

Breakout is a crypto prop firm owned by Kraken that sells one-step evaluations from $20, then pays 80% of your profits in USDC from a simulated funded account. Its rules are simple: a static drawdown, a 3% daily loss limit, no minimum days and no consistency rule. The limits are a $200,000 allocation cap, fees on every trade, and no path to a live account.

What is Breakout?

Breakout is a proprietary trading evaluation firm focused on crypto. You pay a one-time fee, trade a demo account, and if you hit the profit target without breaking the loss limits, you become a funded trader paid a share of your profits.

The firm has operated since November 2023. On September 2, 2025, it announced that it had been acquired by Kraken, the crypto exchange. Breakout says it had issued more than 20,000 funded accounts by then, and its homepage now claims more than $70 million paid to traders since launch.

Two companies sit behind the brand, and Breakout states they are separate:

• Breakout Trading Group, LLC, a Delaware company, runs the evaluation.
• Payward Oceanic Ltd., a British Virgin Islands company, holds the funded trader agreement. Its legal notices go to a Kraken email address.

US traders are accepted. The United States is not on Breakout’s list of ineligible countries, and its September 2026 payout report names the US as its top payout country. If you trade from the US, our guide to the best prop firms for US traders covers the other options.

How much does Breakout cost in 2026?

Breakout sells three one-step plans, each paid once. The base price comes with an 80/20 split. Buying the 90/10 split at checkout adds 20% to the price, and it cannot be added later.

Prices read on breakoutprop.com/pricing in October 2026. Three things matter more than the sticker price:

• No reset, and no refund except for active evaluations if your KYC is rejected. A breach ends the evaluation, and you buy a new one to try again.
• No activation fee and no monthly subscription.
• The cheaper plans have tighter limits. Turbo is the cheapest because its drawdown is only 3%.

Breakout also sold Spark, a $139 $50K account with a $1,500 trailing loss limit and no daily loss limit. All 1,500 Spark evaluations sold out and the product is closed for now.

What are Breakout’s rules?

Every Breakout plan is a single step, with a static drawdown and a 3% daily loss limit.

The details are where accounts are lost:

• The drawdown is static but checked on equity. It never trails, but an open losing trade counts against it in real time.
• The daily loss limit resets at 00:30 UTC. It equals 3% of your closed balance at that time, open positions excluded.
• No minimum or maximum number of days to pass.
• No consistency rule on any account.
• The same limits apply once funded. The 3% daily loss limit follows you to the funded account.

News trading is allowed, and so is holding over the weekend. Hedging inside one account is allowed only in limited cases; copy trading between users and hedging across accounts are banned, and a violation can cost you your accrued profits. Want a firm whose drawdown never moves? See our list of static drawdown prop firms.

What can you trade on Breakout?

Mostly crypto: about 67 markets, plus four non-crypto instruments added in summer 2026. Those four are XYZ100 (a Nasdaq 100 tracker), the S&P 500, crude oil and silver, priced from Hyperliquid’s markets. They give price exposure only.

Leverage is fixed and applied automatically: you cannot change it. Trading runs 24/7 on the Breakout Terminal, launched in May 2026 with TradingView charting and iOS and Android apps. DXtrade is closed to new purchases.

Fees: the cost nobody puts on the pricing page

Breakout charges 0.04% per side on every trade, plus a swap of 0.033% per day on open positions, charged in four-hour slices.

For the prop firms built around perpetual futures, see our guide to perpetual futures prop firms.

How do Breakout payouts work?

Once funded, you can request a payout at any time, weekends included, as long as no position is open. There is no payout cycle and no minimum number of trading days.

• Getting funded: after you pass, you complete KYC and sign the funded trader agreement. Breakout says approval takes 12 to 24 hours.
• Minimum: $50 after the split.
• Method: USDC on the ERC-20 network only. No bank transfer.
• Approval: the help center says it can take 12 to 24 hours, but is usually much quicker.
• Split: 80/20 by default, or 90/10 if you bought the upgrade with the account.
• Cap: your total allocation across all funded accounts is limited to $200,000. There is no profit cap.

Breakout reports $9.27 million paid out in September 2026, and a record single payout of $190,400. Compare with the firms that pay every day in our daily payout prop firm guide.

See a funded account with a LIVE path

Is Breakout’s funded account real money?

No. Breakout states it plainly. The evaluation runs on a demo account, and the funded account too:

Your funded account trades on simulated capital, not real capital.

Breakout help center, « Will I be trading in a live environment? »

Breakout’s funded trader agreement goes further: Payward Oceanic may route your orders to the market or internalize them as simulated trades that never reach it. Your payouts are real USDC, but your trades may never touch a real order book.

That is normal in the industry: most prop firm evaluations and funded accounts are simulated. The real question is what comes after, and Breakout publishes no path to a live account. We explain the whole picture in do prop firms use real money?

Breakout reviews: what traders say

Breakout holds a 4.7 TrustScore on Trustpilot from more than 1,200 reviews, read in October 2026. 91% of reviews give 5 stars and 3% give 1 star. The profile is claimed, on a paid Trustpilot plan, and replies to 51% of negative reviews.

Read the 1 to 3 star reviews before you buy: they say more about the rules than the 5 star ones.

Breakout vs Lucid, Tradeify, Topstep, Apex and MyFundedFutures

Breakout is a crypto firm; the five firms it gets compared with are futures firms. They are not selling the same thing, and the gap shows in three places: what you trade, how the drawdown moves, and what happens after you are funded.

Futures firms’ rules read on their own websites and help centers in October 2026, for the plan named in brackets.

Breakout vs Lucid Trading

Choose by market first. Breakout is crypto, 24/7. Lucid trades CME futures during the futures session, and Micro Bitcoin and Micro Ether do not appear on its approved product list.

On the rules, Lucid’s $2,000 drawdown trails at the end of the day and locks once you are $2,100 up, its daily loss limit is optional and only stops the day, and it pays 90/10. Breakout’s drawdown is static from day one, but its 3% daily limit ends the account. Lucid also runs a live program: payout 5 is one of the triggers for its review, the move is at the risk team’s discretion, and a cash-out is offered instead. Our Lucid Trading guide covers its plans.

Breakout vs Tradeify

Tradeify’s futures accounts do not offer crypto at all: its help center states it does not support any cryptocurrency derivatives. Its crypto offer was a separate brand, Tradeify 247, which closed new purchases in October 2026 ahead of Tradeify Perps, covered in our Tradeify Crypto guide.

On futures, Tradeify Select has no daily loss limit in the evaluation and a 90/10 split, with a discretionary live program called Tradeify Elite. See our Tradeify review.

Breakout vs Topstep

Topstep is a CME futures firm that lists Micro Bitcoin and Micro Ether, so you can trade bitcoin there, but only during Topstep’s trading hours. Its Trading Combine is a monthly subscription, where Breakout charges once.

Topstep’s drawdown trails at the end of the day, its daily loss limit is optional, and its split is 90/10. Its Live Funded Account is a call-up decided by its risk team, and Topstep says you cannot decline it to stay on your funded account. Details in our Topstep review.

Breakout vs Apex Trader Funding

Apex also lists Micro Bitcoin and Micro Ether among its futures. It pays 100% on its simulated funded account, against 80% at Breakout, but it caps the number and size of payouts per account and applies a 50% consistency rule to them.

Live trading at Apex is by invitation. Our Apex 4.0 guide explains the current rules.

Breakout vs MyFundedFutures

Of these five competitors, MyFundedFutures is the only one with an automatic live trigger: on Rapid, a single day of $10,000 net profit moves the account to live. You cannot refuse the move. Its homepage discloses that 4.2% of simulated funded traders were promoted to live.

Rapid has no daily loss limit and pays daily above a buffer. MyFundedFutures also links to a perps brand, MyFundedPerps, run by a separate company: see our MyFundedPerps review and our MyFundedFutures review.

Breakout pros and cons

Who is Breakout for?

Breakout suits a crypto trader who wants altcoins, 24/7 markets and USDC payouts, and who is comfortable with a daily stop and fees on every trade. It suits swing traders less: the swap adds up, and the 3% daily limit is easy to hit with leverage.

It is not the right tool if you want a regulated exchange, no daily loss limit, or a live account at the end.

The alternative: trade bitcoin on CME with Phidias

If what you want from Breakout is bitcoin and ether, you can trade them on CME. Bitcoin Micro Futures (MBT, 0.10 BTC) and Ether Micro Futures (MET, 0.1 ETH) are authorized on every Phidias account, alongside index, energy, metal and currency futures on CME Group exchanges.

The drawdown is smaller on paper, and that is a fair point. The difference is that it never trails and nothing else stops your day: no daily loss limit, no consistency rule. Every dollar of profit above the floor becomes room to trade.

On Express to Live, you reach the profit target on the evaluation, reach it again on the CASH account, and your first payout converts the account to a LIVE account. Payout on Day 1 is possible on every size: our record is 6 hours 18 minutes from evaluation purchase to payout. 90% of Phidias payouts are processed in under 30 minutes, every payout within 24 hours.

One honest difference: Express to Live positions must be closed before the end of the session. Check the hours on our rules page.

What it costs with code PHIDIAS

Monthly evaluations are also available. Compare every account type in our best futures prop firms guide.

Trade bitcoin on Express to Live

Test: Breakout or Phidias?

Four questions on what you trade, what you expect after you pass, the rules you hate and where you want your trades priced. No email.

Breakout prop firm review 2026: frequently asked questions

Is Breakout a legit prop firm?

Breakout has operated since November 2023, and Kraken announced it had acquired the firm on September 2, 2025. It holds a 4.7 TrustScore on Trustpilot from more than 1,200 reviews, and its homepage claims more than $70 million paid to traders. Its evaluation and funded accounts both run on simulated capital, and payouts are made in USDC.

How much does a Breakout evaluation cost?

From $20 for a $5K Turbo account to $1,090 for a $200K Pro account, one-time. A $50K account costs $400 on Classic, $280 on Pro and $180 on Turbo with the default 80/20 split; the 90/10 split adds 20% to the price at checkout. There is no activation fee, no reset, and no refund except for active evaluations when KYC is rejected.

What are Breakout’s rules?

Every Breakout plan is one step. Classic asks for a 10% profit target with a 6% static drawdown, Pro 12% with 5%, and Turbo 9% with 3%. Every plan has a 3% daily loss limit, measured on your balance at 00:30 UTC. There is no minimum or maximum number of days and no consistency rule.

Can US traders use Breakout?

Yes. The United States is not on Breakout’s list of ineligible countries, and Breakout names the US as its top payout country in its September 2026 report. The firm says traders in more than 160 countries have used it.

How do Breakout payouts work?

Once funded, you can request a payout at any time, weekends included, as long as you have no open positions. The minimum is $50 after the split, payouts are paid in USDC on the ERC-20 network only, and Breakout says approval can take 12 to 24 hours but is usually quicker. Total allocation is capped at $200,000 across all funded accounts.

Is Breakout real money?

No. Breakout’s help center states that the funded account trades on simulated capital, not real capital, and the evaluation runs on a demo account. Its funded trader agreement allows orders to be internalized as simulated trades that never reach the market. The payouts themselves are real USDC.

What can you trade on Breakout?

About 67 crypto markets plus four non-crypto instruments: XYZ100 (a Nasdaq 100 tracker), the S&P 500, crude oil and silver. Leverage is fixed by asset, up to 10x on bitcoin and the two indices. Trading runs 24/7 on the Breakout Terminal, with a 0.04% fee per side and a daily swap fee on open positions.

What is the best alternative to Breakout?

If you want crypto with a path to a LIVE account, Phidias Express to Live lets you trade Micro Bitcoin and Micro Ether futures on CME with a static drawdown, no daily loss limit and no consistency rule. Your first payout converts the account to a LIVE account. The 50K costs $144.60 with code PHIDIAS, one-time payment.