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BREAKAWAY

Regulated
Australia
,
Since 2024
Last Updated:
42/100
Overall Score

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 34%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
34%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Breakaway Ltd.
Founded:2024
Headquarters:Australia
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

Choosing the right broker is critical for both novice and experienced traders, and BREAKAWAY is a brokerage that strives to provide a full trading environment as a financial services company. Although maturing rapidly, financial markets still need brokers like BREAKAWAY to offer a range of trading platforms and services to accommodate different types of traders.

The following provides a thorough overview of the different aspects of BREAKAWAY, including its history, features, compliance with laws, trading conditions, fee structures, and user experience. Because there is not much publicly available information about BREAKAWAY, we will focus only on what is currently known and where additional details remain unknown.

Background/History

Although BREAKAWAY is identified as a broker and a financial services company, there is little to no information regarding historical elements of the company, such as its founding date and corporate history, and how it has developed and progressed.

Although we cannot trace the historical development of BREAKAWAY, as with most brokers that develop to meet increasing demand for trading platforms, BREAKAWAY is also likely to evolve to appeal to the masses by providing a comprehensive trading experience.

Key Features and Offerings

Although there is little information available about the specific products offered by BREAKAWAY, most trading brokers provide access to various markets, such as Forex, commodities, indices, and cryptocurrencies, and will therefore likely offer at least some of these instruments to fit different trading styles and strategies.

In addition to access to markets, most brokers offer a trading platform(s), educational materials, and customer service support. It is reasonable to assume that BREAKAWAY will offer its customers/every customer, at least one digital trading platform that will allow customers to place and monitor trades, analyze markets, and manage their trading accounts.

Regulation and Licensing

Regulatory compliance is of paramount importance when selecting a broker. Without supporting proof of regulatory compliance, engagement with BREAKAWAY (potential clients) should be approached with caution, and comprehensive due diligence should be conducted before engaging with the broker. Please see below for a summary of the regulatory status obtained from current data.

Regulator

License Number

Status

Limited information available

Not publicly disclosed

Trading Conditions and Platform Technology

Trading conditions such as spreads, leverage, and minimum deposit requirements are essential considerations for traders. Unfortunately, specific details about BREAKAWAY’s trading conditions are not publicly accessible at this time.

Similarly, information about the technology powering BREAKAWAY’s trading platforms, including software features, compatibility, and execution speed, remains undisclosed. Typically, brokers offer platforms compatible with desktop, web, and mobile devices to ensure flexible trading options.

Below is a summary table reflecting the limited available data on BREAKAWAY’s trading conditions.

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited information available

Minimum Deposit

Limited information available

Platform Technology

Limited information available

Fee Structure

Understanding the fee structure is vital for traders to manage costs effectively. Fees may include commissions, spreads, deposit and withdrawal charges, and inactivity fees. Unfortunately, BREAKAWAY has not publicly disclosed detailed information about its fee structure.

Without transparent fee data, it is difficult to assess the cost-effectiveness of trading with BREAKAWAY. Traders are advised to seek direct clarification from the broker before opening an account.

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Limited information available

Other Fees

Limited information available

User Experience and Market Reputation

The trustworthiness of a brokerage and how well it serves its clients can be gauged by client feedback and the market's perception of it. Because there is little publicly available information about BREAKAWAY, there does not yet appear to be enough detail to allow for a comprehensive review of how users feel about using BREAKAWAY or how BREAKAWAY is viewed by others in the industry.

To learn more about the experience BREAKAWAY provides to users, potential clients should speak directly with BREAKAWAY and obtain independent feedback from multiple sources.

Current Activity

At this time, there are no recent news announcements or other information about BREAKAWAY publicly available. This can mean either that BREAKAWAY has been operating at the same pace or that it is simply taking a "wait and see" stance on public relations in the marketplace.

Individuals considering using BREAKAWAY should check BREAKAWAY's website or other sources to learn about any new developments that could affect their trading business with BREAKAWAY, or changes to BREAKAWAY's regulatory service levels.

In Summary

BREAKAWAY appears to be a legitimate trading platform operating within the financial services sector. Due to the limited publicly available information, it is not possible to conduct a comprehensive assessment of BREAKAWAY's services, regulatory compliance, or how well it serves clients. Individuals considering using BREAKAWAY should conduct their own research and be aware that there are areas where further clarification is needed.

Even though BREAKAWAY may provide a standard service, the lack of transparency regarding what BREAKAWAY charges and the various factors that make up trading conditions should lead interested parties to communicate directly with BREAKAWAY and obtain independent confirmation of what to expect.

 

Regulatory Licenses

Compliance & oversight

1 license
Australia
ASICTier 1
Australia#001311740
License Details
Type:N/A
License #:001311740
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

No Funding Methods

Funding method information is not available for this broker yet.

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with BREAKAWAY: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark BREAKAWAY at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for BREAKAWAY

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://breakaway-fx.com/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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