ASIC — Australia
Breakaway Ltd.
Licence
Breakaway Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC • AR
Licence status
Active
Platforms
MT5 for desktop, mobile, web
Min. deposit
$10
Max. leverage
1:1000
Instruments
400+ instruments CFDs on stocks, indices, metal, commodities
Typical spread
As low as 0
Operating
Est. 2024
Main market
TW
Entity
Breakaway Ltd.
Website
Unknown
Breakaway is a forex & CFD broker based in Australia, established in 2024. On Trust Broker Hub it holds a Trust Score of 5.6 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, Breakaway is regulated by ASIC and AR, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
Breakaway provides access to 400+ instruments CFDs on stocks, indices, metal, commodities. Published conditions include a minimum deposit of $10 and leverage up to 1:1000. No complaints are currently on record. Overall, Breakaway has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
Breakaway currently scores 5.6/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Very short operating history (under 2 years)
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
AR — Australia
Breakaway Ltd.
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | 400+ instruments CFDs on stocks, indices, metal, commodities, currency pairs, cryptocurrency |
| Minimum deposit | $10 |
| Maximum leverage | 1:1000 |
| Typical spread | As low as 0 |
| Platforms | MT5 for desktop, mobile, web |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on Breakaway
Our analysis · editorial
5.6/10
A mixed risk profile
Breakaway holds a tier-1 regulatory licence among its 2 registrations (ASIC, AR). Based in Australia, it has been operating for about 2 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.6/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (ASIC, AR)
- Holds 2 regulatory licences across multiple jurisdictions
- No complaints on record with us
- Supports MT5 for desktop & mobile trading
- Accessible minimum deposit ($10)
Watch-outs
- Short operating history (2 years)
- Very high leverage available (1:1000) — amplifies risk
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
Breakaway — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Breakaway here if that changes.
Full specifications
Regulated region
Australia
Operating period
2-5 years
Main market
TW
Instruments
400+ instruments CFDs on stocks, indices, metal, commodities, currency pairs, cryptocurrency
Year founded
2024
Frequently asked
Is Breakaway a safe broker?
Breakaway scores 5.6 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Breakaway trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Breakaway?
Breakaway publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.