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.
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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise