How Breakout's 24/7 Nasdaq 100 Trading Works

A stock index inside a crypto prop firm

Breakout, the Kraken-backed crypto prop firm, has listed the Nasdaq 100 as its first market outside crypto. In the Breakout Terminal it trades under the ticker XYZ100, and it works like every other instrument on the platform. The same account, drawdown rules, fees (0.04% per side) and on-demand payouts apply. It is available on evaluation and funded accounts from day one, with no new account and nothing to opt into.

A week after launch, Breakout raised the limits. As of 27 July 2026, XYZ100 trades at 5x leverage with a $1,000,000 max position, up from 2x and $100K at launch. These limits are identical to BTC and ETH, the platform's largest instruments. A $200K funded account now has the buying power to reach the full cap.

How it differs from futures firms

Every futures prop firm will fund traders to trade the Nasdaq as NQ or MNQ futures. Futures come with session structure built in.

• ›Market hours and maintenance breaks. CME equity futures close daily 17:00-18:00 ET and all weekend.
• ›Forced flat rules. Many firms force positions closed overnight or through news, or restrict holding.
• ›Daily settlement. Open positions are marked every day.

Breakout's implementation removes all of that. XYZ100 prices 24/7, including weekends, with no time limits, no forced closes, no daily settlement. A three-day swing on the index can run the same way as a BTC swing, from the same account, even at the same time.

This combination of index exposure with crypto-market session freedom did not exist at any tracked prop firm until now.

Position sizing at 5x

Leverage on Breakout is applied automatically, and there is no setting to change. At 5x:

• ›A $100K notional position in XYZ100 requires $20K of account capital (it took $50K at the launch leverage of 2x).
• ›The $1M cap is reachable from a $200K account at full leverage.

The risk rules do not move. The 3% daily loss and the account's static max drawdown (3-6% depending on Turbo/Pro/Classic) are unchanged. At 5x, a 0.6% move against a full-size position uses a whole day's loss budget on the tightest accounts. The leverage increase gives room to size positions with more precision, not a reason to size larger.

Off-hours pricing on an index that is not open 24/7

Breakout states this openly. The underlying Nasdaq 100 only trades 9:30-16:00 ET, Monday to Friday. Outside those hours XYZ100 keeps pricing through Breakout's own model, with its own price discovery, and this has three effects.

• ›Spreads widen overnight and on weekends.
• ›The price can diverge from the index value shown on TradingView or a broker, most noticeably outside market hours.
• ›The reopen can gap, so a weekend position can jump against the trader on Monday at 9:30 ET.

A practical rule is to treat off-hours XYZ100 as a thinly traded instrument rather than as the index. Traders usually size smaller into the Friday close and expect movement at the Monday open.

Who this suits

• ›Crypto traders who want index diversification without a second firm, second platform or second evaluation. This is the strongest case, with one account, one set of rules and both markets.
• ›Index swing traders limited by futures-firm overnight rules. Holding NQ-style exposure through the week without forced closes is a structural difference, as long as the off-hours spread is respected.
• ›Not scalpers who need exchange-grade tick data and depth. XYZ100 is synthetic index exposure priced by Breakout rather than CME order flow, so traders whose edge lives in the microstructure usually trade NQ at a futures firm.

The accounts it runs on

Breakout's three 1-Step programs all get XYZ100 at the new limits (full specs on the Breakout page):

• ›Turbo, 9% target, 3% daily, 3% static drawdown (cheapest entry)
• ›Pro, 12% target, 3% daily, 5% static
• ›Classic, 10% target, 3% daily, 6% static (most buffer)

All are one-time fees with an 80/20 split (90/10 upgrade at checkout), no consistency rule, no minimum days, and payouts on demand from day one after funding. Code PROPFT applies at checkout. On 28 July 2026, Breakout is running a 24-hour flash event with 24% off all $10K+ evaluations, the largest discount it has offered.

Data verified 28 July 2026 against Breakout's published symbol list and announcements. Trading involves substantial risk of loss, and nothing here is financial advice.