Every prop firm asks you to trust it with your money and then trust it to pay you back. Breakout Prop is the only one that can point at a parent company you’ve actually heard of: Kraken bought it outright in September 2025, making it the first — and still only — prop firm owned by a major regulated crypto exchange. That single fact does more for its credibility than a thousand payout screenshots. Add a genuinely clean rulebook (no consistency rule, no minimum trading days, no time limit — you can pass in one trade), on-demand 24/7 USDC payouts, and zero verified payout denials across 20,000+ funded accounts, and you have one of the strongest offerings in crypto prop trading. The catches are real too: you’re locked into Breakout’s own terminal with no bots, payouts are stablecoin-only, and that headline “90% split” is something you buy, not something you earn. Source: JoinProp — Breakout Prop profile
Breakout Prop at a glance
Breakout is operated by Breakout Trading Group, LLC (US registration 7403672), founded in November 2023 by Alex Miningham and Dylan Loomer out of Tampa, Florida. It raised a $4.5M seed round in July 2024 backed by investors including RockawayX, then was acquired by Kraken on September 1, 2025. It’s crypto-exclusive, offering funded accounts from $5,000 to $200,000 across 50–100+ crypto pairs, executed on its own Breakout Terminal with Kraken liquidity behind it. Since launch it has issued 20,000+ funded accounts. Source: PropFirmsCompared — Breakout company details
The Kraken factor — why it matters
This deserves more than a passing mention, because it addresses the single biggest risk in prop trading: counterparty failure. Every firm in this industry is one bad quarter from disappearing, and the graveyard is well populated. Breakout is now a subsidiary of Kraken — an exchange holding regulatory licenses across multiple jurisdictions, which in 2025 also acquired NinjaTrader ($1.5B) and Capitalise.ai while assembling a full trading ecosystem across crypto, futures, and equities. That doesn’t make Breakout itself a regulated entity (it isn’t; it’s an evaluation platform), but it does mean the balance sheet behind your payout belongs to a serious, licensed business rather than an anonymous LLC. No other crypto prop firm can say anything close. Source: Best Funded Accounts — Kraken acquisition
The four evaluations
Breakout runs four paths across two families. Classic comes in 1-Step (10% target) and 2-Step (5% then 10%); Elite comes in Pro (12% target) and Turbo (9% target). All share the same headline virtue — no consistency rule, no minimum trading days, no time limit — which means a single good trade can theoretically fund you. The differences are in drawdown room and price. Source: Velotrade — Breakout evaluation structure
| Path | Profit target | Daily drawdown | Max drawdown | Sizes |
|---|---|---|---|---|
| Classic 1-Step | 10% | 3% | 6% (static) | $5K–$100K |
| Classic 2-Step | 5% → 10% | 5% | 6% | $5K–$100K |
| Elite Pro | 12% | ~4% | ~6% | $5K–$200K |
| Elite Turbo | 9% | ~3% | 3% | $5K–$200K |
Cost: what you actually pay for every plan
Fees are one-time with no activation fee, no data fees, and no platform licensing charges — and critically, your first payout refunds the entire challenge fee. Entry starts around $45–$55 for a $5K account and runs to roughly $999 (Classic $100K) or $1,399 (Elite $200K). Note the fees are non-refundable once you place a trade, so if you’re unsure about the rules, ask before you click buy. Cross-firm cost comparisons live in our prop firm true-cost hub. Source: Prop Trading Vibes — Breakout pricing
| Account size | Classic (from) | Elite (from) | Fee refunded? |
|---|---|---|---|
| $5,000 | $50 | $45 | Yes — 1st payout |
| $10,000 | ~$100 | ~$95 | Yes |
| $25,000 | ~$250 | $95 (Turbo) | Yes |
| $50,000 | ~$500 | ~$450 | Yes |
| $100,000 | $999 | ~$900 | Yes |
| $200,000 | — | $1,399 | Yes |
The drawdown models
Breakout’s drawdown treatment differs by path, and it’s the one spec worth verifying at checkout because it has changed. The 1-Step uses a static floor — fixed at a set level below your starting balance, never moving, so profit widens your cushion permanently. The 2-Step has historically used a trailing floor (4% daily / 6% overall) that tightens as you profit, though at least one 2026 source reports it was switched to static. Static is materially more forgiving; if it matters to your strategy, confirm the live spec before purchasing rather than trusting any review, including this one. Source: The Trusted Prop — Breakout drawdown models
Rules: refreshingly few
This is Breakout’s quiet superpower. There is no consistency rule, no minimum trading days, no time limit, and no profit cap — the entire test is “hit the target without breaching drawdown.” News trading and weekend holding are fully permitted with no blackout windows, which matters enormously in a 24/7 market. Leverage runs up to 1:100. Compare that to firms that stack best-day caps, news lockouts, and payout gates on top of a drawdown, and the difference in friction is stark. Source: Velotrade — Breakout rule set
Payment methods (paying in)
Breakout accepts cryptocurrency for evaluation purchases — USDC, BTC, ETH, and other major coins — alongside standard card checkout. Everything is a single one-time charge with no recurring billing and no activation fee. Remember that fees become non-refundable the moment you place your first trade. Source: Prop Trading Vibes — Breakout FAQ
Withdrawal methods & payout rules (getting paid out)
Payouts are USDC only (ERC-20) to a wallet you nominate, processed through Riseworks. The mechanics are among the best in the entire prop industry: on-demand, 24/7, with no waiting calendar and no payout caps, a $100 minimum after the split, and typical processing of 12–24 hours (same-day approval is common for requests submitted early). Breakout charges no withdrawal fee, though ERC-20 gas is on you. KYC is required on your first withdrawal. And your first payout refunds the full challenge fee — so a $500 fee plus $1,000 of split profit means $1,300 landing in your wallet. Source: Prop Trading Vibes — Breakout payout mechanics
The profit split — read the asterisk
Breakout markets “up to 90%” (some listings say 95%), and here’s the honest version: the default split is 80% on all account types, and the 90% tier is a paid add-on you select at checkout — not a reward you earn through performance or longevity. That’s a legitimate option and arguably more honest than firms that dangle an unreachable ladder, but it’s an upsell, and the add-on price varies by plan and size. If you see “90% profit split” in an ad, mentally append “for an extra fee.” Verify the final checkout summary before paying. Source: West Africa Trade Hub — Breakout split add-on
Trustpilot & reputation
Breakout holds roughly 4.8/5 on Trustpilot across about 860 reviews — one of the strongest profiles in crypto prop trading, with reported figures ranging from 4.8 to 4.9 depending on when they were sampled. The standout claim, repeated across independent trackers, is zero verified payout denials across 20,000+ funded accounts. Combined with an active 20,000-member Discord and the Kraken backing, the trust picture here is about as good as this industry offers. Source: Prop Trading Vibes — Breakout trust data
Who it’s for — and who should skip it
Breakout fits a discretionary crypto trader who wants the cleanest rulebook in the category, on-demand stablecoin payouts with no caps, and the reassurance of a Kraken-owned counterparty — and who is comfortable trading manually on a proprietary terminal. It’s especially strong for anyone who’s been burned by consistency rules or payout gates elsewhere, and US traders are accepted. Skip it if you run bots or algorithmic strategies (no support, full stop), if you need MT5/TradingView execution, if you need fiat payouts, if you want multi-asset access beyond crypto, or if you’re eyeing Turbo without appreciating how unforgiving a 3% max drawdown is on Bitcoin. Source: Best Funded Accounts — Breakout fit
The verdict
Breakout Prop is, on structure, the most credible firm in crypto prop trading — and the Kraken acquisition is why. Owned by a licensed exchange, backed by real institutional infrastructure, running the industry’s cleanest rule set (no consistency rule, no minimum days, no time limit, no profit caps), paying on demand in USDC 24/7 with no caps and a first-payout fee refund, and carrying zero verified payout denials across 20,000+ accounts. For a manual crypto trader, that combination is genuinely hard to beat. The honest debits: you are locked into the Breakout Terminal with no bot or EA support whatsoever, payouts are stablecoin-only with no fiat rail, the advertised 90% split is a paid add-on rather than an earned tier, Elite Turbo’s 3% max drawdown is punishing on an asset class that moves 5% before breakfast, and fees are non-refundable the moment you trade. Read the drawdown spec at checkout, skip Turbo unless you’re a tight-stop scalper, and this is a firm worth taking seriously. Source: PropScorer — Breakout verdict
Frequently asked questions
How much does Breakout Prop cost?
Fees are one-time with no activation, data, or platform charges, starting around $45–$55 for a $5,000 account and running to roughly $999 (Classic $100K) or $1,399 (Elite $200K). Your first payout refunds the entire challenge fee. Note fees are non-refundable once you place your first trade. There’s also a 0.04%-per-side trading fee on both evaluation and funded accounts.
What payment methods does Breakout Prop accept?
Cryptocurrency (USDC, BTC, ETH, and other major coins) alongside standard card checkout. All fees are single one-time charges with no recurring billing.
How do Breakout Prop payouts work and how do you get paid?
Payouts are USDC only (ERC-20) to your nominated wallet, processed via Riseworks — on-demand, 24/7, with no waiting calendar and no payout caps. Minimum is $100 after the split, and processing is typically 12–24 hours. KYC is required on the first withdrawal. Breakout charges no withdrawal fee (ERC-20 gas is on you), and your first payout also refunds the full challenge fee. There are no fiat bank transfers.
What is Breakout Prop’s Trustpilot score?
Around 4.8/5 across roughly 860 reviews, with sampled figures ranging 4.8–4.9 (one tracker flagged a recent dip toward 4.5, so treat it as a moving snapshot). The standout signal is zero verified payout denials across 20,000+ funded accounts.
Is Breakout Prop owned by Kraken?
Yes. Kraken acquired Breakout on September 1, 2025 — the first major crypto exchange to buy a prop firm. Breakout now operates as a Kraken subsidiary with deeper Kraken Pro integrations planned. Breakout itself isn’t a regulated entity (it’s an evaluation platform), but its parent holds regulatory licenses in multiple jurisdictions, which is a credibility layer no other crypto prop firm has.
Does Breakout Prop really offer a 90% profit split?
The default split is 80% on all account types. The 90% tier is a paid add-on selected at checkout — not something you earn through performance — and the add-on price varies by plan and account size. Verify the final checkout summary before paying.
Can you use bots or MT5 on Breakout Prop?
No to both. Breakout supports only its proprietary Breakout Terminal (web, iOS, Android) — there’s no MT4, MT5, or TradingView execution, and no bot or EA support at all. You can chart on TradingView separately but must execute in the terminal. Copy trading between accounts, arbitrage, and HFT are also prohibited.
Transparency: [AFFILIATE STATUS — CONFIRM BEFORE PUBLISH.] This review is for information only, is not financial advice, and crypto trading carries substantial risk of loss. Breakout Prop is a crypto-only evaluation platform and is not itself regulated as a financial institution, though its parent company Kraken holds licenses in multiple jurisdictions. Rules, pricing, drawdown models, and payout terms change — always verify current terms on breakoutprop.com before purchasing.
