Who Are Breakout Prop?
Breakout Prop is a prop firm that allows traders to gain trading capital without the risk of losing their money. They bridge the gap to talented and strategic traders without sufficient capital to trade at scale by providing them funded trading accounts.
Established to democratize trading, Breakout Prop follows a profit-sharing model. Which means that the traders earn a great ratio of the profits they make while the firm takes care of the capital and possible losses. Breakout Prop employs a long and comprehensive but highly fair evaluation process to weed out all but the most competent of traders, as it does not want to provide funded accounts to people who do not have a firm grasp on risk management and the ability to be positive over a series of trades.
Breakout Prop serves traders in numerous financial markets, such as forex, commodities, indices, and cryptocurrency. This variety makes it an attractive option for traders who excel with various instruments. Breakout Prop takes care of a professional setup, by collaborating with trustworthy brokers, providing access to state-of-the-art trading platforms, so members benefit from a reliable workshop experience.
What Sets Breakout Prop Apart from Other Prop Trading Firms?
Breakout Prop is not like any other prop firms out there; it is known for its trader-friendly policies, options, and most importantly, its transparency. Most firms impose restrictive rules that are quite suffocating, however, Breakout Prop has higher standards and therefore breaks the chains of traders who are allowed to trade according to their own rules within acceptable limits.
Trader-Friendly Rules and Flexibility
Traders with realistic drawdown limits and risk management, as implemented by Breakout Prop, make it easy to take calculated risks without stressing your heart. Unlike other prop firms who post aggressive and unattainable targets, Breakout Prop sets profit targets that are consistent with those of professional traders. Also, there is no time limit for traders to accomplish their trading objectives, which is a stress-relief and promotes steady, methodical trading.
Comprehensive Evaluation Process
Finally, their evaluation programs are competitive and mirror actual trading scenarios. Breakout Prop trains and evaluates live, successful candidates based on profit alone while providing confidence with sound risk management. This makes a balance—the firm maintains a risk tolerance, and traders are rewarded for their experience.
Attractive Profit-Sharing Structure
Another key feature is the competitive profit-sharing model offered by Breakout Prop. They keep up to 80% of the profits, making them one of the more generous firms in the industry. This allows traders to feel properly compensated for their work while the firm can continue to operate.
What Are the Options for Funded Accounts?
One of the most comprehensive offerings of funded account plans and evaluation challenges in the market today, Breakout Prop has products to meet the needs of traders at any level, from beginner to experienced full-time trading career. With account options tailored for everyone from beginner brokers to experts, the firm’s offerings are incredibly diverse. Each one is designed to assist traders well within proper risk management guidelines to achieve success.
Evaluation Accounts
Breakout Prop provides an evaluation process for traders to prove themselves before receiving funding. This means you have passed a challenge where traders have to meet a set profit target while not exceeding a number of different drawdown targets. Should they pass this phase, they receive a funded account, where they can trade using the firm’s capital.
Key Features of Evaluation Accounts:
- Profit targets are realistic and reflect actual market performance.
- Traders must demonstrate consistent discipline and risk management.
- Flexible timeframes allow traders to complete the challenge at their own pace.
Instant Funding Accounts
For those who prefer to skip the evaluation phase, Breakout Prop offers instant funding accounts. These accounts enable traders to start trading with real capital immediately, although they typically come with a higher upfront fee or slightly adjusted profit-sharing terms.
Benefits of Instant Funding Accounts:
- No need to complete an evaluation challenge.
- Immediate access to trading capital.
- Ideal for experienced traders confident in their strategies.
Scaling Plans
Breakout Prop understands that many traders aim to grow their trading careers over time. To support this, they offer scaling plans where successful traders can expand their account sizes based on consistent performance. Profit-generating traders are rewarded with increased funding limits, granting access to larger opportunities for growth as long as specific criteria are met.
Account Sizes and Customization
Breakout Prop provides several account size options, ranging from modest starter accounts to large, professional-grade accounts. Traders can select the size that best aligns with their trading ambitions and comfort levels.
Common sizes might include:
- Starter accounts: Ideal for those testing their skills.
- Intermediate accounts: Suitable for traders with proven experience.
- Large accounts: Designed for professional traders seeking significant capital.
Is Getting Funded on Breakout Prop Realistic?
For traders who are disciplined and follow the process and structure of working on the Breakout Prop platform, yes, getting funded is 100% realistic. The company’s evaluation process has been designed to identify individuals with the skills necessary to manage risk successfully and consistently make a profit. Though the requirements are high, they are not insurmountable for those with a focused mindset and a solid trading plan.
Breakout Prop has defined strict yet transparent rules for its evaluation programs. Traders are fully aware of what is expected of them, including profit targets and drawdown limits. This clarity ensures there are no surprises during the evaluation stage, allowing traders to focus entirely on achieving their goals.
For instance, reaching a 10% profit target while maintaining a 5% daily drawdown limit is challenging but achievable with disciplined trading. Additionally, unlike some other top prop firms, Breakout Prop does not enforce harsh time restrictions, giving traders the flexibility to succeed at their own pace.
The company actively supports participants throughout the evaluation process. Whether providing educational resources about the art of trading or guidance on risk management, Breakout Prop offers valuable assistance. They also ensure traders have access to institutional-level platforms and analytical tools.
What Brokers Does Breakout Prop Use?
Breakout Prop partners with established brokers to guarantee traders an efficient, trustworthy, and secure trading platform. These brokers are vital in providing seamless execution, competitive spreads, and the necessary tools to empower traders to perform their best.
To ensure trust and safety, Breakout Prop associates with brokers regulated by recognized financial authorities. These brokers maintain high compliance standards, protecting the interests of both the firm and the traders. Clients can be confident their accounts are managed with fairness and professionalism.
Most of the brokers attached to Breakout Prop offer industry-best, top-rated platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are extremely popular among traders for their functionality, easy-to-use design, and a huge variety of analysis tools.
MetaTrader 4: MT4 is a very popular platform, known for its ease of use, particularly for forex traders, and includes functions like automated trading through Expert Advisors (EAs).
MetaTrader 5: A more advanced platform, MT5 supports trading in more types of asset classes, more analytical tools, and faster execution speeds.
We test all brokers associated with Breakout Prop for low latency and tight spreads. This can be of great assistance, especially for traders that rely on entry or exit points that are very refined, like scalpers or high-frequency traders.
The industry experts at Breakout Prop establish a professional trading setting by collaborating with quality brokers—the environment allows clients to practice their skills and attain consistency in profitability.
What Trading Instruments Do Breakout Prop Offer?
The trading platform provides various trading instruments, which enable a trader to trade in different financial markets with diversification to the strategies. Such diversity allows traders to stick in their comfort zone with certain instruments or branch out to new markets to search for lucrative openings.
Forex Currency Pairs
Forex trading is still a staple choice for many traders, and Breakout Prop offers access to a wide range of currency pairs just like any main forex brokers.
- Major Pairs: EUR/USD, GBP/USD, USD/JPY, and so on — highly liquid markets with small spreads.
- Minor Pairs: EUR/AUD, GBP/JPY, and other unique trading opportunities.
- Exotic Pairs: Emerging market pairs such as USD/ZAR or EUR/TRY — for the more adventurous seeking to maximize volatility and returns.
They have a wide range of offerings for all types of trading, including scalping, swing trading, and position trading.
Commodities
Breakout Prop encompasses a variety of commodities such as metals, energy products, and agricultural products, allowing traders to hedge their portfolios or gain exposure to physical assets. Popular options include:
- Precious Metals: Some of the most popular safe-haven assets, gold (XAU/USD) and silver (XAG/USD), are among the most traded assets.
- Energy: Crude oil (WTI and Brent) and natural gas — notoriously volatile.
- Agriculture: There are commodities such as coffee, wheat, and sugar for those who have an interest in softs trading.
What Are the Rules & Restrictions on Breakout Prop?
Breakout Prop enforces a set of rules to foster disciplined trading and safeguard its capital. These guidelines promote responsible risk management, essential for long-term trading success. The rules are fair yet strict, offering flexibility to skilled traders.
- Daily Drawdown Limits: A daily loss cap (e.g., 5%) prevents significant losses and encourages traders to step back during adverse market conditions.
- Overall Drawdown Limits: Caps total lifetime losses, ensuring traders adopt a sustainable, long-term approach.
- Profit Targets: During evaluation, traders must meet specific profit targets (e.g., 10%) to qualify for funding.
- No Time Limits on Challenges: Unlike some firms, Breakout Prop allows traders to meet targets at their own pace, reducing pressure and promoting thoughtful decision-making.
- Flexible Trading Strategies: Traders can use scalping, swing trading, day trading, or algorithmic approaches, provided they follow risk parameters.
- News Trading Rules: Unlike firms that restrict trading during news events, Breakout Prop permits it, creating additional opportunities for traders to capitalize on price movements.
What Leverage Can You Use on FunderPro?
Breakout Prop provides a leverage of 50:1 to 100:1 depending on the instrument and type of account. This range aims to give traders a level of capital efficiency while preventing undue risk.
Leverage by Asset Class
- Forex: Leverage is usually at the higher end (e.g., 1:100) due to the lower volatility of currency pairs compared to other asset classes.
- Indices and Commodities: Leverage might range from 1:50 to 1:100, depending on the specific market and its volatility.
- Cryptocurrencies: Because of their high volatility, leverage is often more conservative, such as 1:20 or 1:50, to limit extreme risks.
How Leverage Impacts Trading
Leverage allows traders to:
- Increase their exposure to markets without needing excessive capital.
- Diversify their portfolio by spreading their margin across multiple positions.
- Take advantage of smaller market movements for potentially greater profits.
However, it also magnifies losses, which is why Breakout Prop emphasizes responsible use of leverage and adherence to its drawdown rules.
These general trading leverage levels allow traders to adjust their risk exposure based on their strategy and the type of asset class they are trading.
Breakout Prop Support and Help
Contact Ment Funding
Email: support@breakoutprop.com
Social Media Profiles
- Instagram profile has 3.4k followers
- YouTube channel with 348 subscribers
- X/Twitter has 19.6k followers
Breakout Prop Trust Pilot Reviews
Breakout Prop has received great customer feedback from its traders on Trust Pilot. With an overall score of 4.9 out of 5 from 282 reviews.
Conclusion
Breakout Prop has carved a niche as a top choice for traders looking for a funded account with reasonable rules and a fair evaluation. The firm provides a suitable trading environment with access to multiple trading instruments, competitive leverage, and various funding options for traders at different experience levels.
Breakout Prop stands out by focusing on nurturing traders and equipping them with the tools needed for long-term success. The absence of strict deadlines, transparent profit-sharing, and trader-friendly rules make it an ideal choice for individuals serious about building their trading careers. Furthermore, the company’s collaborations with reputable brokers ensure a reliable and professional trading experience.
Whether you’re a beginner aiming to prove your trading skills or an experienced professional looking to scale your capital, Breakout Prop offers a realistic and supportive platform to achieve your goals. With its blend of flexibility, fairness, and opportunity, it empowers traders to thrive in the competitive world of proprietary trading.
FAQ’s
Breakout Prop is a proprietary trading firm that provides traders with access to the firm’s capital, allowing them to trade various financial instruments without risking their own funds.
Traders undergo an evaluation where they must achieve specific profit targets and adhere to drawdown limits. Successful completion grants access to a funded trading account.
Breakout Prop partners with brokers offering platforms like MetaTrader 4 and MetaTrader 5, providing traders with advanced tools and features.
Yes, Breakout Prop offers access to cryptocurrency trading, including popular assets like Bitcoin and Ethereum.
Traders can retain up to 80% of the profits they generate, with the remaining percentage going to Breakout Prop.
Breakout Prop allows various trading styles, including scalping, swing trading, and algorithmic strategies, as long as traders adhere to risk management rules.
