Why Traders Choose Breakout
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Why Traders Choose Breakout
Become a Crypto Prop Trader
Choose Your Account Size
| 1-Step | 2-Step | |||
|---|---|---|---|---|
| Your Profit Share | Up to 90% | Up to 90% | ||
| Step 1 Goal | $500 | $250 | ||
| Step 2 Goal | – | $500 | ||
| Max. daily loss | 4% | 5% | ||
| Max. drawdown | $300 | $400 | ||
| Leverage | Up to 5:1 | Up to 5:1 | ||
| Evaluation fee | $60 | $50 |
We have an extensive FAQ section that explains the rules in detail.
Yes, any trader can take an evaluation and get funded. Regional restrictions apply
Important Disclosures about Breakout, NFA Trading Ltd. (“NFA”) and the Funded-Trader Program
Breakout’s evaluation program is intentionally rigorous and designed to verify a trader’s risk-management skill and strategy discipline before any proprietary capital is allocated. Most applicants do not pass on their first attempt and there is no guarantee that your performance will improve or that you will pass any future evaluations. Prospective traders should purchase an evaluation only if they are confident in their trading ability and accept the risk of not qualifying for a funded account. Evaluation fees are non-refundable for each attempt once trading begins, regardless of outcome.
If you pass the evaluation phase and become a funded trader (“FT”) with NFA, all market-facing transactions, if any, are carried out exclusively by NFA, for NFA’s own principal account and at its sole discretion. FTs do not own any trading account or position, and hold no beneficial or proprietary interest in NFA’s accounts, assets or trades. When an FT submits a trade idea, NFA may, in its absolute discretion, either (i) record the idea as an internal, administrative book entry and calculate a hypothetical result without routing any order externally, or (ii) accept the idea for NFA’s proprietary book and route the transaction to a market maker or exchange. FTs have no control over, or visibility into, the method NFA selects.
NFA may receive financial incentives from third parties based on trade ideas provided by FTs. Any such revenue is retained solely by NFA and is not shared with FTs. Because such financial incentives are not included in PnL for FTs, conflicts of interest may exist between NFA and each FT. FTs should carefully consider these conflicts before participating. In addition, because Breakout earns fees each time an evaluation trader fails and then re-purchases an evaluation, conflicts of interest may also exist between Breakout and each evaluation trader.