# Breakout

> Breakout is a prop trading firm backed by Kraken. Traders pay a one-time fee for a single-phase evaluation; those who pass trade with up to $200K in funded capital and keep 80 to 90 percent of the profits.

Breakout has operated since November 2023 and has paid $60M+ to traders since launch. Evaluations cover 60+ markets, including BTC, ETH and SOL, the S&P 500, the Nasdaq 100 (XYZ100), WTI crude oil (CL) and silver, with market-specific leverage of up to 10x that is applied automatically. Each evaluation has two loss limits to manage: a 3 percent max daily loss and a static max drawdown set by the plan. There are no time limits, no minimum trading days and no consistency rules. Payouts are on demand, 24/7, in USDC on Ethereum, with a $50 minimum after the profit split. A trader's maximum loss during an evaluation is the one-time evaluation fee.

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 by Payward Oceanic Ltd. 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 knowingly accept the risk of not qualifying for a funded account. Evaluation fees are non-refundable for each attempt once trading begins, regardless of outcome. See breakoutprop.com for more disclosures.

## Start here

- [How it works](https://www.breakoutprop.com/how-it-works/): the path from choosing an evaluation to trading funded capital and requesting payouts
- [Pricing](https://www.breakoutprop.com/pricing/): every evaluation price by plan and account size
- [Program rules](https://www.breakoutprop.com/program-rules/): the two loss limits and what happens on a breach
- [Symbols](https://www.breakoutprop.com/symbols/): the current market list with leverage and position limits
- [Backed by Kraken](https://www.breakoutprop.com/kraken/): how Breakout relates to Kraken

## Plans

- [1-Step Classic](https://www.breakoutprop.com/pricing/): 10 percent profit target, 3 percent max daily loss, 6 percent static max drawdown, accounts from $5K to $100K
- [1-Step Pro](https://www.breakoutprop.com/pricing/): 12 percent profit target, 3 percent max daily loss, 5 percent static max drawdown, accounts from $5K to $200K
- [1-Step Turbo](https://www.breakoutprop.com/pricing/): 9 percent profit target, 3 percent max daily loss, 3 percent static max drawdown, the lowest entry price, accounts from $5K to $200K

## Proof and support

- [Trader leaderboard](https://portal.breakoutprop.com/leaderboard): public monthly leaderboard ranked by seasonal profit, viewable without an account
- [Discord](https://discord.gg/breakout): the community, including the #payouts channel where traders post withdrawals
- [Help center](https://intercom.help/breakoutprop/en/): every rule, payout step and platform feature documented in detail
- [Contact](https://www.breakoutprop.com/contact/): how to reach the support team

## Learn

- [Blog](https://www.breakoutprop.com/blog/): trading education, weekly market recaps and product announcements
- [Drawdown guide](https://www.breakoutprop.com/article/mastering-drawdown-a-guide-to-equity-limits-at-breakout/): how the equity-based loss limits work
- [Intro to trading course](https://www.breakoutprop.com/breakout-trading-course-maynes-notes/): a free trading course
- [Newsletter](https://www.breakoutprop.com/breakout-newsletter/): the After Hours weekly market newsletter
- [Affiliate program](https://www.breakoutprop.com/affiliates/): the partner program for creators and educators

## Legal

- [Evaluation agreement](https://www.breakoutprop.com/breakout-evaluation-agreement/): the terms of an evaluation
- [Funded trader agreement](https://www.breakoutprop.com/funded-trader-agreement/): the terms of a funded account
- [Terms of use](https://www.breakoutprop.com/terms-of-use/)
- [Privacy policy](https://www.breakoutprop.com/privacy-policy/)
- [Refund policy](https://www.breakoutprop.com/refund-policy/)
- [Chargeback policy](https://www.breakoutprop.com/chargeback-policy/)

## Optional

- [XML sitemap](https://www.breakoutprop.com/sitemap_index.xml): every indexable page
- [Knowledge bundle](https://www.breakoutprop.com/okf/index.md): the same facts as cross-linked markdown in Open Knowledge Format v0.1