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What is the cost of trading via Breakout?
What is the cost of trading via Breakout?

Cost of Trading

Updated over a week ago

Our crypto trading fees are $3.50/side per $10,000 in both the Breakout Evaluation and Breakout Account.

This is equivalent to 3.5 basis points/side = 7 basis points per round trip (opening and closing a trade).

There is a swap fee of 0.09% per open position per day. The total amount will be deducted from your account at 0000 UTC.

Fees, slippage, swap fees, and other trading-associated fees all apply to your risk limits in both the Breakout Evaluation and Breakout Account.

For example: Your maximum daily loss is 4% and your simulated stop market order for a position is at 3.90%, it is possible for that simulated stop order to trigger at a worse price and result in a breach by reaching or exceeding either your maximum daily loss and/or your maximum drawdown.

Our evaluation environment is intended to replicate a live environment to a very high degree of accuracy. This means that traders should always consider the available liquidity and order book depth when planning their trades in both the Breakout Evaluation and Breakout Account stages, especially if they are trading less liquid instruments and trading during less liquid sessions (overnight, weekend, into news events, and so forth).

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