TradeTrade

Reviewed by Jacob BakshiJacob Bakshi Jacob Bakshi
Senior Market Strategist
Trading CFDs and options has been my playground for years, and I love helping others understand these powerful tools and what makes the financial world tick. My work mostly focuses on giving traders the confidence to make informed decisions with unbiased reviews into platforms that prioritize fair pricing, advanced tools, and reliable execution because In fast-moving markets, every detail matters. I have a background in market analysis and risk management, and I’m always on the lookout for brokers that offer the right tools for serious traders.
using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .

Last fact check on October 22, 2026 by

Michelle SofiaMichelle Sofia Michelle Sofia
Market Analyst • Editorial Review
Michelle is the financial content architect and SEO market analyst at CleaRank, and the final editorial reviewer on every CleaRank publication. With a background in financial journalism and fintech reporting, she fact-checks each broker investigation for accuracy before it goes live.

Breakout Review 2026

Breakout is the rare crypto prop firm that can point to institutional backing. Acquired by Kraken in September 2025, the crypto-native firm now has its funded accounts run by Payward Oceanic, Ltd, a Kraken subsidiary, while Breakout Trading Group, LLC runs the evaluations. Payouts settle on demand in USDC. Since May 27, 2026, Kraken has also sold the same program inside Kraken Pro as Kraken Prop. Founded in 2023 by a team of well-known crypto traders, it pairs no consistency rules and no time limits with a transparent, published rulebook. For crypto traders, the Kraken acquisition is the strongest trust signal in the sector. Let us break it down using our CLEAR framework.

CLEAR™ Certified Prop Firm

Only the best are CLEAR™ Certified. We rank prop firms that have met our rigorous evaluation standards. Each prop firm undergoes continuous analysis to ensure transparency, reliability, and sustained value for traders.Only the best are CLEAR™ Certified. We rank prop firms that have met our rigorous evaluation standards. Each prop firm undergoes continuous analysis to ensure transparency, reliability, and sustained value for traders.

CLEAR™ CERTIFIED PROP FIRM: 4.4/5

  • Acquired by Kraken in September 2025
  • Liquidity sourced from Bybit
  • On-demand USDC payouts
  • No consistency rule
  • Up to a 90% profit split
  • Transparent, published rulebook

Customer Support4.4

Account Types and Fees4.4

Trading Conditions4.2

Reputation4.5

Platforms4.2

Payout Process4.5

Customer Support4.4

Account Types and Fees4.4

Trading Conditions4.2

Reputation4.5

Platforms4.2

Payout Process4.5

Breakout homepage (breakoutprop.com).
Breakout homepage (breakoutprop.com).

Why Trade with Breakout

Breakout’s defining feature is its Kraken backing. Since the September 2025 acquisition, funded accounts are run by Payward Oceanic, Ltd, a Kraken subsidiary, which is about as strong a legitimacy signal as a crypto prop firm can offer. Breakout says its liquidity is sourced from Bybit, although evaluation accounts are demo accounts where no real trades are placed. Kraken says more than 35,000 wallets have been funded since 2023.

The rules are clean and trader-friendly. Evaluations carry no consistency rule and no time limit, payouts are on-demand in USDC, with approval that can take 12 to 24 hours, and the published rulebook is unusually clear about drawdown, fees, and leverage. Splits run to 90% with a paid upgrade taken at purchase.

The trade-offs are specific to the model. This is mostly crypto with only a few non-crypto markets, leverage is conservative (10x on Bitcoin, 5x on Ethereum and about 27 other coins, 3x or 2x on the rest), funded capital tops out at $200,000 notional, payouts settle only in USDC on one network, and the proprietary terminal draws some usability complaints. For crypto traders who want institutional backing and real liquidity, though, Breakout is a standout. Because payouts settle on-chain, scan any token you hold with the CLEAR Rug Checker.

Pros

Acquired by Kraken in 2025, a top-tier trust signal.Kraken-backed

Breakout says its liquidity is sourced from Bybit.Bybit-sourced pricing

Request any day in USDC; approval can take 12 to 24 hours.On-demand payouts

No consistency requirement and no time limits.No consistency rule

A clear, published rulebook on drawdown and fees.Transparent rules

An 80% base rising to 90% with a purchase-time upgrade.Up to 90% split

Cons

Only a few non-crypto markets, such as S&P500, Crude Oil and Silver.Mostly crypto

10x on Bitcoin, 5x on Ethereum and other majors, 2x on most others.Conservative leverage

Withdrawals settle only in USDC on one network.USDC-only payouts

Acquired by Kraken in 2025, a top-tier trust signal.Kraken-backed

Breakout says its liquidity is sourced from Bybit.Bybit-sourced pricing

Request any day in USDC; approval can take 12 to 24 hours.On-demand payouts

No consistency requirement and no time limits.No consistency rule

A clear, published rulebook on drawdown and fees.Transparent rules

An 80% base rising to 90% with a purchase-time upgrade.Up to 90% split

Only a few non-crypto markets, such as S&P500, Crude Oil and Silver.Mostly crypto

10x on Bitcoin, 5x on Ethereum and other majors, 2x on most others.Conservative leverage

Withdrawals settle only in USDC on one network.USDC-only payouts

Reputation: Institutionally Backed

CLEAR™ Score 4.5/5

Breakout earns one of our strongest reputation scores. The Kraken acquisition gives it institutional backing no other crypto prop firm can match, independent user reviews are excellent, and Kraken reports more than 35,000 wallets funded since 2023. The only real caveats are its 2023 youth and self-reported totals that are not independently audited, but the Kraken link is a genuine anchor. Kraken itself describes Kraken Prop as an unregulated service.

Additional Website Audit

Ahrefs data, breakoutprop.com, June 2026.
Ahrefs data, breakoutprop.com, June 2026.

Metric

Value (from Ahrefs)

Domain Rating (DR)

49

URL Rating (UR)

41

Backlinks

590K (804K all-time)

Referring Domains

2.7K (3.2K all-time)

Organic Keywords

88 (52 top3)

Monthly Organic Traffic

5.7K (value $3.9K)

Top Country

United States (27.5%)

What We Liked

  • Kraken backing. Owned by a major US-regulated exchange since 2025.
  • Excellent reviews. Among the highest-rated crypto prop firms.
  • Large funded base. Kraken reports over 35,000 wallets funded since 2023.

What We Did Not Like

  • Young brand. Founded in 2023, with a short standalone history.
  • Self-reported totals. Payout and account figures are not independently audited.
  • Access varies. Availability in some regions should be confirmed.

Account Types and Fees: Clean Evaluations

CLEAR™ Score 4.4/5

As of October 2026, Breakout sells three one-step evaluations, Classic, Pro and Turbo, plus a new $50,000 Spark evaluation. The 2-Step evaluation is no longer available for new purchase, and existing holders keep a 6% static drawdown and a 4% daily loss limit. Sizes run from $5,000 up to $200,000 on Pro and Turbo, with a $200,000 cap on total funded allocation. All three one-step variants use a static drawdown and a 3% daily loss limit that resets at 00:30 UTC. Spark has a $3,000 target, a $1,500 trailing loss limit and no daily loss limit. There is no consistency rule and no time limit, and pricing is transparent and one-time. Fees are non-refundable once trading begins.

Feature

1-Step Classic

1-Step Pro

1-Step Turbo

Profit Target

10%

12%

9%

Max Drawdown

6% static

5% static

3% static

Daily Loss

3%

3%

3%

Consistency

None

None

None

Time Limit

None

None

None

Cheapest Entry ($5K, Kraken Prop)

$45

$33

$20

Split

up to 90%

up to 90%

up to 90%

Breakout 1-Step Classic Pricing on Kraken Prop (one-time)
5K $45
25K $215
50K $400
100K $800
Source: CleaRank
Breakout Funded Trader Path
Evaluation
Classic, Pro, Turbo or Spark
Funded
up to 90% split
On-demand USDC
24/7 payouts
Max $200K
notional cap

What We Liked

  • No consistency rule. No consistency requirement on any evaluation.
  • No time limit. Evaluations have no deadline.
  • Transparent pricing. Clear one-time fees published with Kraken.

What We Did Not Like

  • Non-refundable fee. Fees are not returned once trading begins.
  • $200K aggregate cap. Funded notional tops out at $200,000.

Trading Conditions: Real Crypto Liquidity

CLEAR™ Score 4.2/5

Breakout trades mostly crypto perpetual futures, with more than 70 crypto assets listed on its homepage (Kraken Prop lists 60+ pairs), plus a few non-crypto markets such as XYZ100, S&P500, Crude Oil and Silver. Breakout says liquidity is sourced from Bybit, but evaluation prices come from third-party brokers, market makers and exchanges, and no real trades are placed. Leverage is system-enforced: 10x on Bitcoin, 5x on Ethereum and about 27 other coins, 3x on a group including HYPE, ENA and PEPE, and 2x on the rest. Weekend and overnight holding are allowed, news trading is unrestricted, and copying third-party signals is prohibited. Kraken Prop accounts take manual orders only, with no API access.

Feature

Detail

Markets

Crypto perpetual futures, plus a few non-crypto markets

Pairs

70+ crypto assets (Kraken Prop: 60+ pairs)

Leverage

10x BTC; 5x ETH and about 27 other coins; 3x or 2x others

Liquidity

Sourced from Bybit (evaluations place no real trades)

Holding

Weekend and overnight allowed

News Trading

Unrestricted

Automation

Kraken Prop: manual orders only, no API; third-party copy prohibited

Fees

0.04% per order, 0.033% daily swap

What We Liked

  • Bybit liquidity. Breakout says its liquidity is sourced from Bybit.
  • Weekend and overnight. 24/7 holding with no session limits.
  • News allowed. No restriction on trading the news.

What We Did Not Like

  • Conservative leverage. 10x on Bitcoin and two indices, 5x or less on everything else.
  • Daily-limit nuance. The 3% daily limit resets at 00:30 UTC and trips unprepared traders.

Platforms: Breakout Terminal, DXtrade and Kraken Pro

CLEAR™ Score 4.2/5

Funded traders can trade through DXtrade or the proprietary Breakout Terminal, which is available on web, iOS, and Android, with one-click trading, advanced orders, depth-of-market, and built-in risk tools. TradingView can be used for analysis but not direct execution. Since May 27, 2026, Kraken has also offered the program as Kraken Prop inside Kraken Pro, on a single Kraken Pro interface.

Platform

Notes

Breakout Terminal

Proprietary, web and mobile (DXtrade also available)

TradingView

Analysis only, no execution

Kraken Pro

Kraken Prop, live since May 27, 2026

What We Liked

  • Purpose-built terminal. One-click trading with built-in risk tools.
  • Web and mobile. Available on web, iOS, and Android.
  • Kraken Pro option. Kraken Prop has run inside Kraken Pro since May 27, 2026.

What We Did Not Like

  • No native TradingView. TradingView is analysis-only, not execution.
  • Terminal gripes. Some usability complaints about the platform.

Payout Process: On-Demand USDC

CLEAR™ Score 4.5/5

Payouts are a strength. Withdrawals are on-demand and can be requested any day, including weekends, with no waiting cycles or minimum holding period. Approval can take 12 to 24 hours. Payward Oceanic, Ltd sends USDC on the ERC-20 network to the wallet address you provide, after a compliance review, and the minimum is $50. The split runs to 90%.

What We Liked

  • On-demand, 24/7. Withdraw any time once funded, no cycles.
  • Fast settlement. Approval can take 12 to 24 hours.
  • Weekend payouts. Requests can be made any day, including weekends.

What We Did Not Like

  • USDC-only. Withdrawals settle only in USDC on one network.
  • Compliance layer. Payouts route through the Kraken entity’s review.

Customer Support: Responsive

CLEAR™ Score 4.4/5

Support runs through live chat, email, and a large Discord community, and independent reviews rate responsiveness well. The Kraken backing adds institutional support depth. Coverage is English-primary, and the overall support experience is a positive in user feedback.

Channel

Performance

Live Chat

Responsive

Discord

Large community

Email

Reliable

Backing

Kraken institutional support

What We Liked

  • Well-rated. Independent reviews praise responsiveness.
  • Large community. A large Discord for peer help.
  • Institutional depth. Kraken backing adds support resources.

What We Did Not Like

  • English-focused. Multilingual support is not confirmed.
  • Compliance delays. Payout reviews can add a step.

Breakout FAQ

What is Breakout?

Breakout is a crypto-native proprietary trading firm founded in 2023 and acquired by Kraken in September 2025. It funds traders, mainly in crypto, through one-step evaluations (Classic, Pro and Turbo) and a $50,000 Spark evaluation, with on-demand USDC payouts. The 2-Step evaluation is no longer sold to new buyers.

Is Breakout legit?

Yes. Its acquisition by Kraken, a major US-regulated exchange, is the strongest legitimacy signal in the crypto-prop space. Kraken reports more than 35,000 wallets funded since 2023, though that total is self-reported. Kraken describes the program as an unregulated service.

Is Breakout owned by Kraken?

Yes. Kraken completed its acquisition of Breakout in September 2025, Funded accounts are now run by Payward Oceanic, Ltd, a Kraken subsidiary, while Breakout Trading Group, LLC runs the evaluations. Since May 27, 2026, Kraken has also offered the program inside Kraken Pro as Kraken Prop.

What is the profit split?

Breakout pays an 80% split by default, upgradable to 90% with a paid add-on taken at the time of purchase. There is no profit cap.

How do Breakout payouts work?

Payouts are on-demand and available 24/7 once funded, with no cycles or minimum holding period. Approval can take 12 to 24 hours. Payment is in USDC on the ERC-20 network, with a $50 minimum.

What can I trade on Breakout?

Breakout offers crypto perpetual futures on more than 70 crypto assets, plus a few non-crypto markets such as S&P500, XYZ100, Crude Oil and Silver. Leverage is 10x on Bitcoin, 5x on Ethereum and about 27 other coins, 3x on a smaller group and 2x on the rest.

Does Breakout have a consistency rule?

No. Breakout evaluations carry no consistency rule and no time limit, which is a notable advantage over many rivals.

How much does Breakout cost?

Evaluations are one-time purchases. Kraken Prop, which sells the same evaluations, lists prices from $20 for a $5,000 Turbo (Advanced) account to $1,090 for a $200,000 Pro (Intermediate) account, and the 90% split upgrade adds 20%. Fees are non-refundable once trading begins.

What platform does Breakout use?

Funded traders can use DXtrade or the proprietary Breakout Terminal, available on web, iOS, and Android, and Kraken Prop runs inside Kraken Pro. TradingView can be used for analysis but not execution.

How much can I scale to?

Funded capital tops out at $200,000 in aggregate notional, with single accounts of up to $200,000 on the Pro and Turbo evaluations.

Disclaimer: This review reflects CleaRank’s independent CLEAR assessment and is not financial advice. Prop-firm rules, fees, and payout terms can change; always verify the current terms on the firm’s own site before purchasing a challenge or funded account.

Jacob Bakshi Author Profile
Jacob Bakshi Author Profile

Jacob Bakshi

I’m Jacob and I specialize in CFDs, options trading, and market analysis. Over the years, I’ve developed a deep understanding of the risks and rewards that come with trading derivatives and survived enough volatility to know that trading is like skydiving: thrilling, but you’d better trust your parachute (or broker). I use CleaRank’s Methodology to test brokers based on their offerings and ensure traders that visit our site have access to brokers that align perfectly with their trading strategies.

Comparing options? See our reviews of Trade The Pool and Darwinex Zero, or browse the full list of CLEAR Certified prop firms.