- Founded
- 2023
- Headquarters
- United Arab Emirates
- Fee per $100k
- $499
- Profit split
- 80%
- Rule fairness6.3
- Payout terms5.3
- Challenge cost8.8
- Platforms & markets3.2
Score breakdown
Method- Rule fairness27%6.3
Trails intraday on equity — the strictest form
- Payout terms22%5.3
80% split · every 14 days
- Challenge cost18%8.8
$499 per $100k account
- Platforms & markets13%3.2
Proprietary · 1 markets
- Transparency10%0.0
0 of 3 disclosures published
- Evidence behind this record10%4.0
Neither the company’s own pages nor an outside document was read
Who you are actually dealing with
3Breakout Trading Group, LLC
Your contractUnited States
The company whose terms you accept when you buy the challenge
Payward Oceanic Ltd
Your accountUnited States
The company that runs the evaluation and the funded account
Payward, Inc. (Kraken)
Also namedUnited States
Named by the firm, doing something other than the three above
Read off the firm’s own terms and, where one exists, the company register of the country named. A prop firm holds no financial licence, so there is no regulator to check these against — which is the reason to know the names rather than a reason not to publish them. How to check this yourself.
Challenge rules
- Steps
- 1-step
- Profit target (phase 1)
- 10%
- Daily drawdown
- 6%
- Max drawdown
- 12%
- Drawdown type
- Trailing (intraday)
- Minimum trading days
- None
- Time limit
- None
- Consistency rule
- No
- Weekend holding
- Allowed
Payout and cost
- Profit split
- 80%
- Payout frequency
- Every 14 days
- First payout after
- 14 days
- Challenge fee per $100k
- $499
- Verified payout proofs
- None yet
- Markets
- crypto
- Platforms
- Proprietary
The split here is what a newly funded trader is paid, not the best number the firm advertises — on four of the eight in this directory those are different numbers. Why the headline is usually a ceiling.
What we checked on Breakout
17 Sept 2026The only firm here owned by a company this site ranks somewhere else. Kraken completed its acquisition with effect from 1 September 2025, and the funded programme now runs inside Kraken Pro — which changes who stands behind a payout more than any rule on this page does.
An exchange bought a prop firm
Kraken announced on 4 September 2025 that it had completed the acquisition of Breakout, with the deal effective from 1 September 1. The programme has been built into Kraken Pro and is operated by Payward Oceanic Ltd, a Kraken subsidiary; Payward, Inc. is the parent 1. Kraken’s own material describes the offer as access to up to $200,000 in live trading capital, keeping over 80% of profits 2.
This is the most consequential fact on the page and it is not a trading rule. Every other firm in this directory is a private company of unknown size with no published accounts, and the honest answer to "can they pay me" is that nobody outside knows. Breakout’s counterparty is now a subsidiary of one of the largest crypto exchanges in the world — which this site ranks separately, on solvency, audit and breach history. A reader can go and look at that record. That is a kind of assurance nothing else here offers.
It cuts the other way too. Kraken’s FAQ notes that Kraken clients can reach Breakout’s services but that the accounts "are not directly connected" 2, so the exchange relationship a trader has is not the prop relationship. And a programme folded into a larger platform is a programme whose terms can be changed by people whose main business is something else.
What is still not pinned down
Breakout’s own site refuses our requests, so its terms were not read directly. Secondary accounts disagree with each other about the corporate detail — a Delaware registration, a Saint Vincent registration numbered 2242 BC 2023, a separate registration number against the same name, and a distinct company said to hold funded trader agreements. We are not publishing a company number we could not verify, so the entity map above carries only the names Kraken’s own announcement supports 1 and no numbers at all.
The drawdown on this record is intraday trailing, which is the strictest form there is and the reason this firm scores where it does on rules. That figure predates the acquisition and has not been re-read from the current programme. Anyone treating this page as current on rules should check that first.
The figures, and where each one came from
- Acquisition completed1
- Announced 4 September 2025, effective 1 September
- Acquirer1
- Kraken — Payward, Inc.
- Operator of the funded programme1
- Payward Oceanic Ltd
- Capital offered2
- Up to $200,000
- Relationship to a Kraken exchange account2
- Not directly connected
Still open
- No company number for Breakout Trading Group, LLC has been confirmed against any register. Sources disagree between Delaware and St Vincent and we are publishing neither.
- The rule figures on this page were recorded before Kraken took over and have not been re-read from the current programme.
Sources
2- 1Kraken completes major acquisition of Breakout to offer prop trading to clients globally
Kraken, via Business WireTrade presspublished 4 Sept 2025read 17 Sept 2026
- 2Breakout x Kraken FAQ
KrakenThe broker’s own pageread 17 Sept 2026
Every link goes to the document, not to a summary of it, and where it does not we say so on the entry. They carry nofollow like every other outbound link here, and none of them is an affiliate link — a source you are paid to cite is not a source. Where we have any connection to a publisher, it is printed above rather than left for you to find out.
What customers say
0 publishedNobody has written about this one yet. Reviews here are read, not counted: this ranking’s model was published without a reviews component.
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Breakout — common questions
How does Breakout measure drawdown?
Breakout trails the 12% limit on intraday equity — the strictest form. An unrealised spike raises the floor even if you never close the trade.
Does Breakout have a consistency rule?
Not on our record — but Breakout’s own pages refuse our requests, so nobody here has confirmed that where the rules are published. Treat it as unchecked rather than settled.
What does a Breakout challenge cost?
Normalised to a $100k account, $499. Breakout prices several account sizes; comparing per $100k is the only way to compare firms directly.
Is Breakout regulated?
No, and no prop firm is. Breakout sells access to a simulated account rather than a financial service, which is outside what financial regulators license. That is why the company behind it, and the country it is registered in, is the whole of what a trader could ever act on.
Which company would I be contracting with at Breakout?
Breakout Trading Group, LLC, registered in the United States — but your account is run by Payward Oceanic Ltd in the United States. Breakout names 3 companies in its own terms, and which one owes you depends on what went wrong.
What profit split does Breakout actually pay?
80% to a newly funded trader, which is not always the number a prop firm leads with — four of the eight firms ranked here advertise a higher share that is the top of a range, or in one case a paid upgrade. The figure on this page is what you start on.
Have these Breakout figures been checked?
Not at the source. Breakout’s own pages refuse our requests, so the rules and costs above were not read where they are published — only where others have quoted them. That is scored openly as the evidence component rather than left as a footnote, and it is a fact about our reading rather than about the firm.