Breakout Prop Firm Review❗ — My 5 Months Experience And Results(Payouts)
The truth about Breakout Prop.
Is Breakout prop a scam or a legit prop firm?? We’re going to be answering that question in this review. I’ve been trading with Breakout prop for 5 months straight now and in this article I’m going to be sharing with you guys my honest review and experience with Breakout prop.
Therefore, I'll be sharing with you the account that I tested breakout prop on, yes I mean the payouts that I've received so far, from the 1st month , 2nd month… down till the 5th month that I’ve been trading Breakout prop so that you can see firsthand the progress that it underwent, which I believe would help you make an informed decision on whether this platform is good enough for you or not.
So for the past 5 months that I’ve been trading with Breakout prop and with my experience so far, I was able to make a list of the pros and cons associated with this platform. Because I believe that if you’re currently reading this article that means you’re still in a dilemma on whether this prop firm is worth your time and your money. And this article is meant to help you make that decision right today.
So after giving you the list of the pros and the cons , which are things that might encourage you or discourage you from trading with Breakout prop firm, and showing you my payouts as well… And you still find this interesting enough to go ahead and sign up with this prop firm , then I’d recommend you CLICK HERE to access their official website and to ensure that you’re on the right page.
TABLE OF CONTENT
- What is Breakout Prop
- Pros & Cons
- My Experience
- My Results (screenshots of the payouts )
- Final Recommendation
What is Breakout Prop & how does it work? — I will get this topic started with a brief summary on what Breakout Prop is and how it works for the benefit of anyone hearing this for the first time or doesn’t really know how it works.
Breakout Prop is basically a platform that delivers its members(crypto traders) with access to trading capital, in return for a specified percentage of the profits generated.
Actually, how it works on this platform is that you get to choose/select and purchase a trading capital plan of your choice, and follow the rules of the evaluation phases to pass the challenge and unlock your funded account.
The above image shows their different evaluation type and their different price tags and features.
Now that I’m done sharing with you the basic explanation about what Breakout Prop is and how it works , I’ll now proceed to the major points of this review which is the Pros & Cons.
I’m going to start up by talking about the Pros which are the things that I personally find interesting about this prop firm.
PRO-1: So the first thing that I have on my list here is the Simplicity and Transparency of this platform. Honestly most people don’t really consider this aspect of simplicity as a major point, but that actually gives some platforms an edge over others. And what I mean by simplicity is the fact that their platform is very much easy to understand and to navigate, yes even for a computer illiterate it’s pretty much easy to understand unlike some other prop firms out there with a very complicated dashboard…
As you can see in the above image shows how simple and organized the Breakout Prop dashboard looks like, you can CLICK HERE to see full dashboard. But of course, as you should know; simplicity alone doesn’t necessarily mean that a platform is legit or not , and that takes us to the second pro that I have here on my list.
PRO-2: The second pro I have here on my list is the Profit split % ; yes, Breakout Prop is actually one of the only prop firms that offers you a profit split percentage as high as 90% you hardly see that kind of offer with other prop firms out there.
PRO-3: And the 3rd one that I have on my list here is the Customer service support, yes Breakout prop customer service support is top notch, of course I had to test them out by messaging them and they responding to me ASAP , yeah the customer service support is one of the major part that I always like to take note of when doing my research and testing out a platform because like I always say, they’ll surely come to a point where you’d likely need a support whereby only the customer service will be in the right position to assist you in such a situation , so yes customer service support is actually an important point to take note of.
PRO-4: NO Time Limit- The next pro that I have on list here is the fact that there’s no time limit. So breakout prop actually allows you during the evaluation phases to take as much time as you can and to avoid any sort of pressure , and that is also very helpful as that would help you as a trader and that also helped me to pass my challenge unlike some other prop firms that will probably give you a time limit to pass your challenge.
PRO-5: No Hidden Charges- The next pro that I have on my list here is that there’s no hidden charges so you shouldn’t worry about being overcharged.
PRO-6: Safety- is Breakout prop a safe platform? That is another important question to keep in mind when you’re looking for a prop firm to invest in like I always say in all my article reviews… I always put this into consideration when doing my reviews , because I know that it is one of the major points that most people would consider before investing on any platform. So to answer the question, Yes it is safe and what I mean by it is a safe platform is that unlike many other prop firms out there that will take your money and probably ghost you or in most cases not provide you with the account you paid for, but Breakout prop actually delivers you with what you paid for. To lay more emphasis on how safe this platform is their reviews on Trustpilot actually says it all.
The above images are some of the positive reviews on trustpilot by users.
Meanwhile, do not be deceived as you should know every prop firm and every platform out there always have their pros and cons , yes!! Every platform has their good sides and their bad sides , and in this article I’m not going to be leaving out the bad sides today, because I believe that this would help you weigh your options and decide if the good side outweighs the bad sides or vice versa.
CON-1: Strict Evaluation Criteria- yes they’re actually strict when it comes to their rules on the evaluation phases. Although the rules are fair but strict that is to say that you’re required to follow the rules, so for instance when it comes to the leverage limitations , the leverage is capped at 5:1 for Bitcoin and Ethereum and 2:1 for altcoins, and this can limit the trading strategies of those who prefer higher leverage. I don’t really see that as a big problem because it’s actually a fair amount.
CON-2: The next con that I have on my list here is that there’s no tutorial guide video and there’s no educational resources to help new traders. So in a nutshell this platform is actually not for newbies, although I don’t really see that as much of a problem because I don’t think that anyone who is actually still new to trading would consider getting a funded account, cause it’d probably sound like a new born baby who’s trying to run without crawling. so yeah it’s basically not for newbies.
CON-3: No free trials- of course when it comes to anything finances we always like to get a free trial before putting our real funds. So definitely some traders would like to get some free trials before going in financially but in this case there’s no free trial available. But since I’m already here to share with you guys my experience I don't think a free trial is absolutely necessary.
CON-4: And the last on my list here which is very common amongst every big prop firms is the fact that there’s a lot of fake and similar websites out there , with the purpose of scamming people of their money, so y’all should be careful out there. Yes, I always like to mention that because I've had a bad experience with that in the past where I registered and funded a platform not knowing is was a fake one created by scammers. Therefore, to Be on a safer side you can simply go to your browser and type in www.breakoutprop.com or you can simply CLICK HERE to access their official website and avoid making any costly mistake.
My Experience:
I actually found out about Breakout Prop firm as usual while I was doing my research about the newest and the best crypto trading prop firm to get funded with, so I came across Breakout Prop and of course I did more research on them and ended up subscribing for the 100k challenge and I managed to pass the challenge and get funded.
And like I said I would; here are my payouts(screenshots) that I’ve received for the past 5 months.
The above images shows the screenshot of my first month payout from Breakout Prop. In case you’re wondering I actually prefer to withdraw mine monthly, because I like to wait till it looks big enough for me, you’re actually allowed to withdraw weekly.
The above image shows the payout I received for the second month from Breakout Prop, Also remember this my 90% profit share.
The above image shows the payout that I received by the 3rd month trading with Breakout prop firm.
The above image shows the payout that I received by the 4th month trading with Breakout prop firm.
The above image shows the payout I received for the 5th month from Breakout Prop and still counting…
My Final Recommendation: Yes, I’d highly recommend you go ahead and sign up with Breakout Prop, its perfectly giving me positive returns it’ll surely do the same for you as long as you follow the rules and a have a good risk management plan, to avoid blowing up your account.
And now that I’ve shared with you guys the basic things you need to know before making a decision on the platform, after considering the PRO, CON and My Payouts I believe its up to you now to weigh your options and decide if Breakout Prop is good enough for you or not. Yes the final decision is still yours to make.
Meanwhile, like stated earlier if you find this review encouraging enough to sign up with Breakout Prop, then I’d recommend you CLICK HERE to visit their official page and avoid making a costly mistake.
This is basically what I do ; I test out platforms such as Breakout prop firm and I come back here to give you an honest review, therefore if you find this review interesting & educating I’d appreciate if you gave me a clap to this article as that would encourage me to do more reviews like this one.
STAY SAFE! see you on the next one.
