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BREAKAWAY

Severe riskForex / CFD broker
🇦🇺 Australia · 1-2 years · since 2024-09-13 · Breakaway Ltd.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
16 reviews ›
0
Licenses ›
15
Withdrawal issues ›
—
Min. deposit ›
1:1000
Max leverage ›
3
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: PRO (Super)STD (Professional)Raw (Classic)
▲ 69% positive▼ 19% negative
Independent ratingshow third parties score this broker
WikiFX1.98/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that BREAKAWAY actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 22 months old
  • 3 user exposure/complaint reports filed
  • Withdrawal complaints in ~94% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBreakaway Ltd.
Headquarters🇦🇺 Australia
Founded2024-09-13
Years operating1-2 years
Employees0
Official websitebreakaway-fx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Fortgate Offshore Investment and Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
PRO (Super)1:1000--from 0.5--✓
STD (Professional)1:400--from 0.3--✓
Raw (Classic)1:200--from 0.1--✓

Review analysis AI

Breakaway Ltd. is a new, unregulated broker offering extremely high leverage and a wide product range, which presents severe risks. Its Saint Lucia registration and unverified regulatory claims increase the likelihood of a high-risk operation. Traders should exercise extreme caution, as the lack of oversight means no external protection for funds.

Best for
  • Traders seeking very high leverage up to 1:1000
  • Those looking for a low minimum deposit of $10
  • Users who prefer the MT5 platform
  • Traders wanting access to a wide range of CFD instruments
Not for
  • Risk-averse traders or those prioritizing regulatory protection
  • Traders who require a regulated broker with a track record
  • Beginners who may not understand the risks of high leverage
  • Investors seeking deposit insurance or segregated accounts
Period:
What users praise
Where reviewers are from
Taiwan9
Hong Kong4
Japan1
Singapore1
France1

Real user reviews

Where BREAKAWAY operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇹🇼 Taiwan
🇫🇷 France 1 complaint
🇯🇵 Japan 1 complaint
🇸🇬 Singapore 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What BREAKAWAY says about itself as stated by the broker · not independently verified by FXCanary

Regulatory Claims

According to its website, Breakaway Ltd. claims to be an authorized representative of Opheleo Holdings Pty. Ltd. under Australian Financial Services (AFS) representative number 001311740. It also claims registration with the Financial Crimes Enforcement Network (FinCEN) under MSB number 31000274833570, and states that it is registered by the Financial Services Regulatory Authority (FSRA) of St. Lucia. The site provides links to verify these registrations.

Trading Platforms and Instruments

The broker states that it provides the MetaTrader 5 (MT5) platform, describing it as an upgraded version of MT4 with superior execution speed, technical analysis, and automated trading. It claims to offer over 400 trading instruments, including forex, energy, metals, shares, indices, and cryptocurrencies. It also advertises fixed spreads from 0.0 pips and flexible leverage up to 1:1000.

Account Types and Features

Breakaway Ltd. lists three account types: PRO (Super) with maximum leverage 1:1000, STD (Professional) with leverage 1:400, and Raw (Classic) with leverage 1:200. It claims a minimum deposit of $10 and no fee funding options. The broker says it provides a personal account manager, multi-lingual 24/7 support, and free tools such as a trading calculator, economic calendar, and demo account.

Company Background

The website presents Breakaway Ltd. as an innovative online trading platform headquartered in Australia, co-founded by a top team from Wall Street and technology experts with over 10 years of industry experience. It claims offices in multiple financial centers and aims to provide a secure, transparent trading environment. The registration office address is listed in Saint Lucia.

About BREAKAWAY

Overview

Breakaway Ltd. presents itself as a technology-driven platform with a focus on providing high leverage and a wide range of instruments. It markets itself to both retail and professional traders, offering three account tiers with varying leverage limits. The broker's website is available in multiple languages and emphasises 24/7 support and a personal account manager.

Regulatory Status

As per the known facts, Breakaway Ltd. has no independent regulators on file. The broker's own website claims an AFS representative arrangement and FinCEN registration, but these claims have not been independently verified. The address in Saint Lucia, a jurisdiction not typically associated with robust financial regulation, further raises caution. Traders should be aware that the absence of an overseeing regulator means limited recourse in case of disputes.

Trading Platforms

Breakaway Ltd. offers the MetaTrader 5 (MT5) platform, available on Windows, Mac, iOS, Android, and WebTrader. MT5 is a widely used platform known for its advanced charting, multiple timeframes, and support for automated trading via Expert Advisors. The broker does not mention offering MetaTrader 4 or any proprietary platform.

Instruments and Leverage

The broker advertises over 400 trading instruments, including forex pairs, indices, commodities, energy, metals, shares, and cryptocurrencies. Leverage varies by account type: up to 1:1000 for the PRO account, 1:400 for the STD account, and 1:200 for the Raw account. High leverage amplifies both gains and losses, and is a significant risk factor for retail traders.

Account Types and Minimum Deposit

Breakaway Ltd. provides three account tiers: PRO (Super), STD (Professional), and Raw (Classic). Each tier offers different maximum leverage levels. The minimum deposit is stated as $10, which is relatively low and accessible to novice traders. The broker also claims fee-free funding options, including bank wire, credit card, and e-wallet transfers.

Target Audience

The broker appears to target both retail and experienced traders, with the PRO account's high leverage appealing to those seeking aggressive trading strategies. The inclusion of a demo account, educational resources, and economic calendar suggests an effort to attract beginners. However, the lack of regulation and the high-risk nature of CFDs mean this broker is not suitable for risk-averse investors.

Overview compiled by FXCanary from regulatory records and public data. full BREAKAWAY review