Before you read on

How to read these numbers

Every figure in this brief is shown non-compounded. Each month's gain stands alone and is summed, not rolled into the next month's base. Compounding inflates the headline numbers and skews the conversation, so it's stripped out here to keep the comparison honest.

This is not an argument against compounding. If you want the compounded picture, run these monthly figures through any compounding calculator. The backtest figures are a true fixed-stake run; the live figures come straight from MyFxbook's monthly gain bars.

Verdict

Promising — worth a deeper look, not a blind yes

Strategy logic is sound and the live accounts are genuinely profitable and independently verified — but the live record is short, small, and softer than the backtest.

Operated by Libertas Project Mgmt – FZCO
Year one: £1,000 (current) · renews £3,480 this year · no performance fee
Dani: I've got my own money in it, and for $1,000 a year for now, before the price increases, I decided it worth a look. Click here to join

The opportunity

A fully-automated MT4 system trading one volatility-breakout strategy on Bitcoin (BTCUSD CFDs). It trades Bitcoin's movement, not its direction. Sold as a software licence — you fund and keep custody of your own broker account.

InstrumentBTCUSD CFD · one trade at a time
TiersLow · Medium · High (same engine)
OperatorLibertas Project Mgmt – FZCO (UAE)
Trade copierTradesync (Ttech Solutions, HK)
Account500:1 leverage · $1,200 min deposit
Live since~16 Feb 2026 · ~4.5 months

Performance — like-for-like (avg per month) Backtest   Live

LowConservative
Avg / mo
7.2%
2.8%
Max DD
17.4%
12.8%
Win %
43%
30%
Pf. factor
1.43
1.09
W/L size
1.9×
2.5×
MediumModerate
Avg / mo
8.6%
6.1%
Max DD
20.3%
18.8%
Win %
43%
33%
Pf. factor
1.45
1.14
W/L size
1.9×
2.2×
HighAggressive
Avg / mo
13.9%
5.0%
Max DD
32.5%
16.8%
Win %
44%
36%
Pf. factor
1.47
1.12
W/L size
1.9×
2.0×
Non-compounded — each month's gain summed, not chained month-on-month, i.e. the withdraw-monthly rate. Backtest = v1.2 backtest over ~29.5 months; Live = real money to date (~4.5 months, still v1.1 staking until 29 Jun). Live = MyFxbook monthly gains summed; High is the clean fixed-stake read (single deposit, no top-ups). Full totals on the Performance tab.

Signs to indicate safety

You keep custody — trade-only access, no deposit/withdraw rights.
Kill switch — disconnect or change MT4 password anytime.
Independently verified live on Myfxbook (investor password).
No martingale / grid / pyramiding; stop-loss on every trade.

Things which contain risk

!Leveraged crypto-CFDs at 1:500 — losses can exceed deposit.
!Live record only ~4.5 mo on ~$1k accounts — unproven at scale.
!Live edge thinner than backtest (win 30–36% vs 43%).
!Relies on a 3rd-party copier chain (Tradesync, HK).
Live avg / month
2.8 – 6.1%
non-compounded · ~4.5 mo · v1.1
Backtest avg / month
7.2 → 13.9%
non-compounded · v1.2 · ~29.5 mo
Leverage / min
1:500
$1,200 minimum deposit
Licence (year one)
£1,000 → £3,480
current price · renews £3,480 this year
Edge structure
~43% win
× 1.9× bigger winners = positive
How it works
One strategy, run three ways. It doesn't predict Bitcoin's direction — it positions for volatility and captures the move when a breakout fires.

1The strategy

A pure volatility-breakout system on BTCUSD. It detects when price is compressing into a tight range, then enters to capture the explosive move when volatility expands — long or short.

The longevity thesis: it doesn't need Bitcoin to go up, only to move. Bitcoin's daily volatility is the raw material.

2Three tiers, one engine

Low, Medium and High run the identical logic — the only difference is position size per trade. "Risk" = how much capital is deployed, not different strategies.

Each tier runs on its own master account and broker, which also spreads single-broker concentration risk.

3What's automated

  • Automatic: entries, exits, lot sizing, stop placement, BTCUSD-only filtering.
  • You control: which tier(s) you run, funding, and the ability to switch it off.

The edge: small losses, bigger wins

The system wins less than half its trades, but winners are ~1.9× the size of losers. That asymmetry is the entire edge.
Avg winner
1.9×
Avg loser
1.0×
Relative trade size (R). Few-but-bigger wins outweigh many-but-smaller losses.

The execution chain

Trades are copied from a master account to your own broker account through a third-party copier. Every link is a dependency worth understanding.

BTC Breakout
Master account runs the strategy
Libertas FZCO
Tradesync API
Copies trades, trade-only permission
Ttech Solutions, HK
Your MT4 account
Trades replicate; you keep custody
Your broker
A failure at any link (copier outage, rate-limit, broker drop) pauses copying and can leave open positions unmanaged until connectivity returns. Covered in Risks.
Performance — backtest vs. live
The fair comparison is the non-compounded monthly return — each month's gain summed, not chained — the same withdraw-monthly basis as the ATM tab. Backtest = v1.2 research backtest (~29.5 months). Live = real money on Myfxbook, ~4.5 months, still on v1.1 staking until 29 Jun 2026. On this basis live tracks Low and Medium reasonably but lags hard on High. Period totals are shown too, flagged as not directly comparable.
The backtest's edge concentrates in its best months — the top 25% of months produce ~half the total return. Tick the box to strip those out and see the rest.Top 25% of months removed. Backtest monthly drops to 4.4% / 5.4% / 8.9% (Low / Med / High). Those big months are real and recur — but they arrive in bursts over time, not every month, so this is the "between-bursts" baseline.

Non-compounded monthly return & drawdown — like-for-like

Each month's gain summed (not chained) and max drawdown: Backtest v1.2 ~29.5 mo vs Live ~4.5 mo
Avg monthly return
Low
Backtest
7.2%
4.4%
Live
2.8%
Medium
Backtest
8.6%
5.4%
Live
6.1%
High
Backtest
13.9%
8.9%
Live
5.0%
Max drawdown
Low
Backtest
17.4%
Live
12.8%
Medium
Backtest
20.3%
Live
18.8%
High
Backtest
32.5%
Live
16.8%
Live High return (5.0%) sits below live Medium (6.1%), and live High drawdown (16.8%) is lower than Medium's (18.8%) — a recent High-risk drawdown has inverted the tidy Low<Med<High order. Worth watching.

Edge quality — like-for-like

Rate-based metrics, comparable across any window
Win rate (scale 0–50%)
Backtest
43.4%
Live (avg)
33%
Profit factor (1.0 = break-even)
Backtest
1.45
Live (avg)
1.12
MetricLOWMEDIUMHIGH
BacktestLiveBacktestLiveBacktestLive
Avg monthly return, non-compounded ✓~7.2%~4.4%2.8%~8.6%~5.4%6.1%~13.9%~8.9%5.0%
Win rate ✓43.2%~30%43.5%~33%43.5%~36%
Profit factor ✓1.431.091.451.141.471.12
Win / loss size ratio ✓1.88×~2.5×1.88×~2.2×1.90×~2.0×
Max drawdown ✓17.4%12.75%20.3%18.80%32.5%16.84%
Period total — not comparable215.6%+13.9%257.0%+30.5%416.6%+25.1%
Period length~29.5 mo~4.5 mo~29.5 mo~4.5 mo~29.5 mo~4.5 mo
# of trades2,0943592,0943612,094359
✓ rows are like-for-like (rate or per-month) — safe to compare directlygreyed rows depend on period length — Backtest ~29.5 mo vs Live ~4.5 mo

Backtest monthly returns (v1.2 · non-compounded · ~29.5 mo)

Every month of the backtest — green = up, red = down. The real return path behind the averages.
JanFebMarAprMayJunJulAugSepOctNovDecYTD
20240.64.34.112.94.5-0.82.2-1.04.47.68.69.657
2025-1.625.112.6-1.114.09.5-2.06.616.49.07.811.2108
20266.212.110.213.82.56.451
JanFebMarAprMayJunJulAugSepOctNovDecYTD
20240.55.14.715.35.3-0.72.6-1.15.29.010.210.867
2025-1.929.914.8-1.216.311.110.2-1.819.210.69.313.1130
20267.314.112.016.23.07.660
JanFebMarAprMayJunJulAugSepOctNovDecYTD
20241.08.37.623.88.2-1.04.6-0.19.519.616.217.5115
2025-2.949.822.9-2.125.817.216.1-1.829.916.614.720.6207
202611.921.918.625.15.012.395

How to read this fairly

  • On the same non-compounded basis, Medium tracks the backtest best (6.1% vs ~8.6%); Low and High run well below it (2.8% vs ~7.2%, 5.0% vs ~13.9%), High after a recent drawdown.
  • Where live is genuinely softer is edge quality: win rate 30–36% vs ~43%, profit factor 1.09–1.14 vs 1.43–1.47.
  • The period totals (215.6 / 257.0 / 416.6% non-compounded, or 636 / 953 / 3,661% compounded) span ~29.5 months — never set them against a ~4.5-month live figure.
  • Bottom line: a real, verified, positive edge — tracking the research on Medium but lagging on Low and High, thinner on quality, on tiny accounts over a short window.

Source documents

Live verified · Myfxbook (from 16 Feb 2026)
Safety & controls
Several features genuinely reduce risk versus a typical "trading bot." None remove market risk — but they address the failure modes that usually wipe people out.

You keep custody

The copier is granted trade-only permission. It can open, modify and close BTCUSD trades — but it cannot deposit or withdraw, and never holds your broker portal login. Your money stays in your own brokerage account.

Nuance: your MT4 trading password (not investor password) is transmitted, encrypted, to Tradesync in Hong Kong to establish the connection. Real, but limited to trade execution.

Instant kill switch

You can stop everything at any time by disconnecting in the dashboard or changing your MT4 password. No lock-in, no notice period.

Note: revoking stops new trades but does not auto-close open positions — you'd manage any open trade yourself.

Independent verification

Live performance is published on Myfxbook via investor passwords — read straight from the broker, not self-reported. This is the single most reassuring feature: the live numbers can't be faked.

Disciplined risk structure

A protective stop-loss is pre-set on every trade, and only one trade runs at a time. Critically: no martingale, grid, or pyramiding — there's no mechanism that quietly balloons risk during a losing run, which is how most automated systems blow up.

Proportional sizing

Lot size is a fixed fraction of balance, so exposure scales down as well as up. The account compounds as it grows, and de-risks if it shrinks.

Broker diversification

Each tier sits on a different broker — live: Vantage, PU Prime, STARTRADER (plus IC Trading for Australia) — reducing exposure to any single broker failing, and capacity can be spread further across brokers at scale.

Risks & caveats
The heart of the diligence. None are necessarily deal-breakers, but partners should see them clearly before any capital is committed.
R1High
Leveraged crypto-CFDs

All three live accounts run at 1:500 leverage. Leverage cuts both ways; losses can exceed the deposit. Live drawdowns can exceed historical maximums.

R2High
Short, tiny live record

~4.5 months and ~$1,000 per account. Enough to prove the plumbing, not the edge. A losing strategy can still look like a winner over this window by luck.

R3Medium
Live edge thinner than backtest

Per month and by rate: win ~30–36% live vs ~43% modelled; profit factor 1.09–1.14 vs 1.43–1.47; live runs a third to two-thirds of backtest monthly pace. Still profitable, but slimmer than the research.

R4Medium
Costs eat the net

Each live account carries negative swap/financing (≈ −$24 / −$44 / −$33 on $1k) plus 10–50 pips slippage per side. Headline % returns are gross of some of this.

R5Medium
Third-party copier chain

Execution depends on Tradesync (Ttech Solutions, HK). Outages, rate-limits, or discontinuation pause copying and can leave open positions unmanaged until restored.

R6Medium
Single strategy, single asset

Everything rides on one breakout strategy on BTCUSD. If Bitcoin's volatility regime shifts or the edge decays, all three tiers are exposed at once.

R7Watch
Inconsistent published figures

Win/loss ratio is quoted as 1.6× (FAQ), 4.6:1 (website) and ~1.9–2.5× (live). The site also claims "results since Aug 2025" vs Jan 2024 / Feb 2026 data. Likely sloppy copy — but get it reconciled.

R8Watch
Tiers not yet behaving as labelled

Live, Medium's drawdown (18.8%) exceeds High's (16.8%) and Medium's monthly return (6.1%) is now above High's (5.0%) — inverting the tidy Low<Med<High story. Normal for a small sample, but worth tracking.

R9Watch
Operator & jurisdiction

UAE operator (Libertas FZCO) + HK copier. Verify track record and where copied accounts stand if the operator disappears. Leveraged crypto-CFDs are restricted in some jurisdictions (e.g. UK retail).

Risk / reward — net annual profit after the full £3,480 subscription

This grid deliberately uses the full annual price (£3,480), not the £1,000 early-adopter rate, so it shows the steady-state economics once year-two pricing applies. Each cell is one year's profit after that fee. Colour-coded: red = fee exceeds a year's return, amber = a sizable slice, green = negligible.

  • At $1k–5k the full fee swallows most or all of a year's return on the conservative tiers.
  • By $10k every tier is net positive; by $25k the fee is a low-double-digit % of returns.
  • At $50k+ the full subscription is single-digit %, and a rounding error by $100k.

What this means: even at the full £3,480 price the fee stops being the constraint above a few thousand in capital. The real constraints remain execution at scale and the thinner-than-backtest live edge. (Year one is currently £1,000, which makes every cell here more favourable.)

Rate basis: the v1.2 backtest annualised non-compounded rate (Low ~88% / Med ~105% / High ~170% per year), spanning ~29.5 months. Live is currently tracking below backtest, so treat as an upper bound. Figures in USD; fee $4,420 ≈ the full £3,480 subscription. Leveraged — past performance is not a guarantee.
Account sizeLowMediumHigh
$1,000
-$3,543
fee > annual return
-$3,374
fee > annual return
-$2,725
fee > annual return
$5,000
-$35
fee > annual return
+$810
fee = 85% of return
+$4,055
fee = 52% of return
$10,000
+$4,350
fee = 50% of return
+$6,040
fee = 42% of return
+$12,530
fee = 26% of return
$25,000
+$17,505
fee = 20% of return
+$21,730
fee = 17% of return
+$37,955
fee = 10% of return
$50,000
+$39,430
fee = 10% of return
+$47,880
fee = 8.5% of return
+$80,330
fee = 5.2% of return
$100,000
+$83,280
fee = 5.0% of return
+$100,180
fee = 4.2% of return
+$165,080
fee = 2.6% of return
$250,000
+$214,830
fee = 2.0% of return
+$257,080
fee = 1.7% of return
+$419,330
fee = 1.0% of return
Verdict & open questions
Where this lands today, and the specific things to close out before committing capital.

Bottom line

BTC Breakout is more credible than most retail trading products: the strategy logic is sound, the risk controls are real, custody stays with the user, and performance is independently verified on Myfxbook. The live accounts are making money.

But the live record is short, small, and softer than the backtest on a like-for-like basis, and there are loose ends in their own materials. At the £1,000 year-one price the fee is no longer the constraint; the real constraints are proving the edge at scale and the thinner live numbers.

Recommendation: "Promising — verify further." Close the open questions, ideally run a modest live account of our own for a few months, then re-assess with real net-of-cost numbers before deploying capital.

Open questions

1
Reconcile the published figures
One signed-off set of stats; explain the 4.6:1 vs 1.6× and "since Aug 2025" discrepancies.
Open
2
Scale evidence
Any live accounts at meaningful size ($50k+)? Does execution hold at size?
Dani chasing
3
Full live history export
Pull the Myfxbook CSV + quant logs and re-derive every stat ourselves.
Open
4
Net-of-cost model
Returns after spread, slippage, swap and the licence (£1,000 current / £3,480 this year) — not gross.
Open
5
Broker-by-country map
Confirm the exact Vantage / PU Prime / STARTRADER country assignment for your regions.
Open
6
Operator due diligence
Libertas FZCO track record & standing; what happens to copied accounts if it goes dark.
Open
Resolved: operator (Libertas Project Mgmt – FZCO) · licence terms (£1,000 current, renews £3,480 this year, no performance fee, 7-day refund) · account requirements (500:1, $1,200 min) · failure mode if copier drops (positions left unmanaged — see R5).
v2.1 (30 Jun 2026) — UI pass: bigger pass/fail mark on the ATM Average/year card (green/red tint), Subscription control moved beside Trading capital, drawdown added alongside return on the Performance like-for-like card, and the backtest-heatmap Low/Medium/High toggle now shows its selected state. Figures unchanged from v2.0. v2.0 (29 Jun 2026) — supersedes v1.1: rebuilt on the BTC Breakout v1.2 strategy, all figures shown non-compounded (each month's gain summed, not chained). Backtest from the v1.2 research PDFs (8 Jan 2024 – 24 Jun 2026); live from the Myfxbook investor pages as of 29 Jun 2026 (still v1.1 staking to date). Pricing per the operator's 1 Jul 2026 Early-Adopter notice. Internal evaluation — not investment advice. Past performance does not guarantee future results; trading leveraged crypto-CFDs carries substantial risk including loss exceeding deposits.
Treat it like an ATM
Withdraw every dollar of profit each month and hold your stake fixed. Choose how much you put in, the risk tier, and whether to model the v1.2 backtest month-by-month or a flat forward projection of the live results. After a down month you let the next month rebuild your stake before withdrawing again.
$
Who can use it
Not available to USA citizens.
Eligibility and restricted jurisdictions, taken straight from BTC Breakout's Terms of Service (Libertas Project Management – FZCO, effective 5 Apr 2026). Broker-level and local-law restrictions can apply on top of this.

You're eligible if you

  • Are 18+ (or the age of majority where you live)
  • Have legal capacity to enter a binding contract
  • Are not resident in a restricted jurisdiction (list opposite)
  • Hold a compatible MT4 broker account with sufficient funds
  • Provide accurate, complete registration details
  • Are not a sanctioned person or entity (OFAC, OFSI, EU)

Restricted jurisdictions — not available

Residents of these countries cannot register; attempts are blocked and any violating account terminated without refund:

AfghanistanBelarusCentral African RepublicCubaDR CongoEritreaIranIraqLibyaMaliMyanmarNicaraguaNorth KoreaRussiaSomaliaSouth SudanSudanSyriaUkraine — Crimea, Donetsk & LuhanskVenezuelaYemenZimbabwe

Two practical catches beyond the sanctions list

Broker-level country rules. Your chosen broker may exclude additional countries regardless of the list above — the operator flags this explicitly. Leveraged crypto-CFDs are restricted for retail in several regulated markets (e.g. UK retail clients under the FCA ban, and tight ESMA limits across the EU), so even an otherwise-allowed nationality may not be able to trade this through a mainstream local broker. Confirm both the jurisdiction and the broker before onboarding anyone. The big three people ask about: the US is effectively out (CFDs are barred for US retail), Australia can't access this leverage (ASIC caps retail crypto-CFDs at 2:1, not 1:500), and Canada is workable but broker-dependent. None sit on the sanctions list above — the broker and local CFD rules are the real gate.

Source: BTC Breakout Terms of Service §2 (Eligibility) and §2.1–2.2 (Restricted Jurisdictions & Sanctions), Libertas Project Management – FZCO, dated 5 Apr 2026. The operator reserves the right to update the list to comply with applicable sanctions and regulations.
Brokers you can use
BTC Breakout runs only on a small set of approved brokers, chosen for tight BTCUSD spreads and stable execution. Each tier's master sits on a different broker; your account is assigned a broker automatically by country at sign-up. All require 500:1 leverage and a $1,200 minimum deposit.

The common thread: offshore, high-leverage entities

All four masters run on the brokers' offshore arms. Tier-1 regulators (ASIC, FCA, ESMA) cap crypto-CFD leverage far below 500:1, so the 1:500 accounts sit under lighter offshore regulators — Mauritius FSC, Seychelles FSA, Vanuatu / Cayman. More leverage, but weaker fund-segregation and compensation protection than the tier-1 brand most people associate with these names.

Vantage
Low-risk master
Live verified onLow book
Leverage1:500

Founded 2009, Sydney. The group holds tier-1 licences (ASIC AFSL 428901, FCA OC376560); the 1:500 book runs via its offshore arm. MT4/MT5 ECN, tight spreads, solid mid-size reputation — the strongest tier-1 backing of the four.

Region: assigned at signup
PU Prime
Medium-risk master
Live verified onMedium book
Leverage1:500 (to 1:1000)

Founded 2015. Primary licences FSC Mauritius & FSA Seychelles (offshore, Tier-3); an ASIC entity exists. Leverage up to 1:1000. Retail / emerging-markets focus; generally positive user reviews (~4/5).

Region: assigned at signup
STARTRADER
High-risk master
Live verified onHigh book
Leverage1:500

Founded ~2012–13. FSCA South Africa + FSC Mauritius + FSA Seychelles. The most mixed reputation: TrustPilot ~4.1, but recurring withdrawal / profit-dispute complaints on review sites. Warrants the most scrutiny — and it carries the High tier.

Region: assigned at signup
IC Trading
All three tiers
CountryAustralia
FeedSingle (all tiers)

The Mauritius-FSC brand of IC Markets (founded 2007, one of the world's largest ECN brokers), launched 2023. Best pedigree of the four: true ECN, deep liquidity, very popular with algo / EA traders; group TrustPilot ~4.8. Leverage up to 1:500.

Region: Australia — confirmed

How broker assignment works

  • Each broker has its own country restrictions, set by the broker, not BTC Breakout.
  • Using multiple brokers lets them serve more countries — everyone gets at least one approved broker.
  • Assignment is automatic by country at sign-up; the dashboard shows which brokers are available in your region.
  • If several brokers are available to you, you may pick — but the default is recommended for execution.
  • A few countries have no approved broker and can't use the product at all.

What's confirmed vs. unconfirmed

Each tier's live master is verified on Myfxbook: Vantage → Low, PU Prime → Medium, STARTRADER → High. Australian clients are served entirely by IC Trading, which runs all three tiers on a single feed — this is the one explicit broker-to-country mapping in the operator's documentation.

Diligence note: the FAQ confirms brokers are assigned by country but does not publish a full per-country broker table — only IC Trading↔Australia is explicit. The exact mapping for Vantage / PU Prime / STARTRADER should be confirmed directly with the operator before relying on it for your target regions.
Broker analysis sources: FXEmpire, BrokerChooser, ForexPeaceArmy, Myfxbook and WikiFX broker reviews (accessed June 2026). Broker reputations and regulatory status change — verify current standing before committing capital.