By Staff Writer
Breakout’s evaluation-first model rewards traders based on discipline and performance, with profit splits of up to 90%.
The program will be integrated into Kraken Pro, creating a seamless ecosystem for traders.
Breakout stands out in the prop trading world for its “evaluation-first” model. Traders can qualify for up to $200,000 in notional capital by passing a rigorous evaluation process.
To succeed, they must buy into the program, maintain discipline around drawdown limits, and prove their ability to generate profits in live market conditions. Those who pass gain access to a funded account and can keep as much as 90% of the profits they generate, paid on-demand. For Kraken, the acquisition is about leveling the playing field.
Arjun Sethi, Co-CEO of Kraken, explained the rationale:
“Breakout gives us a way to allocate capital based on proof of skill rather than access to capital itself. In a world that is rapidly shifting from who you know to what you know, we want to build systems that reward demonstrated performance, not pedigree. That is deeply embedded in Kraken’s cultural DNA. Breakout’s evaluation first model is designed to verify risk discipline, strategy consistency, and real market decision making under pressure. This is not simulation for simulation’s sake. It is a filter for scalable signal.”
Over time, Breakout will be integrated directly into Kraken Pro, giving users seamless access to the prop trading model within Kraken’s existing trading infrastructure. Breakout traders can already develop strategies across 50+ crypto pairs, with leverage of up to 5x on BTC and ETH contracts.
The partnership provides an opportunity for skilled traders to earn their way into larger positions without needing substantial starting capital. Those who breach drawdown thresholds must requalify, ensuring that performance and discipline remain at the core of the model.
Arjun Sethi added:
“By integrating Breakout into Kraken, we are building an infrastructure layer where traders can earn their way into size, deploy capital with minimal friction, and get paid on merit. This is how modern capital platforms should work. Transparent, programmable, and open to anyone with an edge.”
For Breakout, joining forces with Kraken offers scale, stability and global reach. Alex Miningham, Co-Founder and CEO of Breakout, said:
“Breakout gives traders a performance-based starting point. Kraken delivers the scale and tools to grow. Together, both companies form a unified ecosystem that supports the full trader journey from education through independent capital deployment.”
With this acquisition, Kraken positions itself not only as a trading platform but as a capital provider for traders who can prove their skills. The model ties neatly into Kraken’s long-standing mission to reduce inefficiencies and make financial markets more accessible.
The deal reflects a growing trend: performance-based trading opportunities that lower barriers to entry for skilled individuals. Rather than relying on personal wealth or connections, traders are evaluated purely on results. For Kraken, it’s also a chance to differentiate itself in an increasingly crowded crypto exchange landscape by blending prop trading with traditional exchange services.
As Kraken integrates Breakout into its suite of products, the move could inspire a new generation of traders who want more than just a platform to buy and sell crypto, also looking for a place to prove themselves and trade at scale.
