Traders can develop strategies across 50+ crypto pairs with up to 5x leverage on BTC and ETH.
Breakout will be integrated into Kraken Pro, allowing traders strategy access and profit retention.
Kraken, a cryptocurrency technology platform, announced it
has acquired Breakout, a proprietary trading firm. Breakout provides traders access to capital for executing
strategies and allows them to trade crypto through funded accounts after
passing an evaluation, without using personal funds.
Kraken is the first cryptocurrency exchange to
enter the proprietary trading space. Unlike traditional prop trading firms,
which provide funded accounts to traders without offering an exchange platform,
Kraken combines its exchange infrastructure with Breakout’s evaluation-based
trading model.
Kraken Adds Funded Accounts for Traders
Arjun Sethi, co-CEO of Kraken, Source: Youtube
“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,” commented Arjun Sethi, co-CEO of Kraken.
The acquisition expands Kraken’s product offerings for
advanced traders. Through Breakout, qualified traders can access up to $200,000
in notional capital.
To qualify, traders must purchase and pass an evaluation
and maintain performance above set drawdown limits. Traders who meet these
requirements receive funded accounts and can retain up to 90% of any profits.
Payments are made directly on-demand.
Breakout Founded 2023, Raises Seed Funding
Breakout is a crypto-native proprietary trading firm founded
in 2023 by Alex Miningham and Dylan Loomer. Operating as “Breakout Trading
Group, LLC,” the firm is headquartered in Tampa, Florida. In July 2024,
Breakout raised $4.5 million in a seed funding round led by RockawayX,
Mechanism Capital, IOBC Capital, C² Ventures, and Round13 Capital.
Breakout Traders Gain Access to 50+ Pairs
Kraken said the move supports its goal of enabling
experienced traders to deploy capital in crypto markets. Breakout will benefit
from Kraken’s infrastructure and global reach. Over time, Breakout will be
integrated into the Kraken Pro platform for eligible users.
Breakout allows traders to develop strategies across more
than 50 crypto pairs. Leverage of up to 5x is available on BTC and ETH
contracts. Traders must pass evaluations to receive capital and must requalify
if drawdown limits are breached.
Prop Trading Brings Risks and Complexity
Entering prop trading presents several challenges for
exchanges. Regulatory scrutiny can arise as authorities assess how such
activities fit within existing rules. Risk management is important to limit
potential losses from funded traders.
Market integrity must be maintained to
prevent manipulation or abusive strategies. Operational complexity can increase
when integrating new trading models, and competition from established prop
trading firms can affect trader adoption.
Expanding Services with NinjaTrader Acquisition, Cyprus
License
Kraken announced plans to acquire the futures
trading platform NinjaTrader for $1.5 billion. The acquisition aims to
combine traditional finance tools with crypto trading and expand services for
retail and institutional users.
In Europe, Kraken
launched crypto derivatives under a Cyprus license. The license, obtained
through a Cypriot Investment Firm approved by CySEC, allows the exchange to
offer additional products and strengthens its regulatory presence in the
region.
Kraken, a cryptocurrency technology platform, announced it
has acquired Breakout, a proprietary trading firm. Breakout provides traders access to capital for executing
strategies and allows them to trade crypto through funded accounts after
passing an evaluation, without using personal funds.
Kraken is the first cryptocurrency exchange to
enter the proprietary trading space. Unlike traditional prop trading firms,
which provide funded accounts to traders without offering an exchange platform,
Kraken combines its exchange infrastructure with Breakout’s evaluation-based
trading model.
Kraken Adds Funded Accounts for Traders
Arjun Sethi, co-CEO of Kraken, Source: Youtube
“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,” commented Arjun Sethi, co-CEO of Kraken.
The acquisition expands Kraken’s product offerings for
advanced traders. Through Breakout, qualified traders can access up to $200,000
in notional capital.
To qualify, traders must purchase and pass an evaluation
and maintain performance above set drawdown limits. Traders who meet these
requirements receive funded accounts and can retain up to 90% of any profits.
Payments are made directly on-demand.
Breakout Founded 2023, Raises Seed Funding
Breakout is a crypto-native proprietary trading firm founded
in 2023 by Alex Miningham and Dylan Loomer. Operating as “Breakout Trading
Group, LLC,” the firm is headquartered in Tampa, Florida. In July 2024,
Breakout raised $4.5 million in a seed funding round led by RockawayX,
Mechanism Capital, IOBC Capital, C² Ventures, and Round13 Capital.
Breakout Traders Gain Access to 50+ Pairs
Kraken said the move supports its goal of enabling
experienced traders to deploy capital in crypto markets. Breakout will benefit
from Kraken’s infrastructure and global reach. Over time, Breakout will be
integrated into the Kraken Pro platform for eligible users.
Breakout allows traders to develop strategies across more
than 50 crypto pairs. Leverage of up to 5x is available on BTC and ETH
contracts. Traders must pass evaluations to receive capital and must requalify
if drawdown limits are breached.
Prop Trading Brings Risks and Complexity
Entering prop trading presents several challenges for
exchanges. Regulatory scrutiny can arise as authorities assess how such
activities fit within existing rules. Risk management is important to limit
potential losses from funded traders.
Market integrity must be maintained to
prevent manipulation or abusive strategies. Operational complexity can increase
when integrating new trading models, and competition from established prop
trading firms can affect trader adoption.
Expanding Services with NinjaTrader Acquisition, Cyprus
License
Kraken announced plans to acquire the futures
trading platform NinjaTrader for $1.5 billion. The acquisition aims to
combine traditional finance tools with crypto trading and expand services for
retail and institutional users.
In Europe, Kraken
launched crypto derivatives under a Cyprus license. The license, obtained
through a Cypriot Investment Firm approved by CySEC, allows the exchange to
offer additional products and strengthens its regulatory presence in the
region.
“We Still Don't See That Ceiling”: XTB's Omar Arnaut Confident on Path to Two Million Annual Clients
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
