Velotrade sells simulated prop-trading evaluations under three programmes: CLASSIC 1-Step, CLASSIC 2-Step and PRO 1-Step. Account sizes run from $5K to $200K. Trading is on DXtrade, across forex, stocks, indices, commodities and crypto.
Every programme uses a static maximum drawdown measured from the starting balance. The standard profit split is 80%, and 90% is available as a paid add-on at checkout. Payouts are made in USDC or USDT. The operator named on the site is Velotrade Re Limited, a Hong Kong company, and the site says all accounts are demo accounts with simulated funds.
The site links the Velotrade name to an earlier business: it says "Since 2016, Velotrade has meant trust: pioneering online invoice finance in Asia". That describes invoice finance, a different business line. It is not a track record for this prop-trading programme, and we do not treat it as one.
Everything in this review comes from Velotrade's own web pages, saved on 10 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 80% source Firm's wording: “The default profit split is 80% from your first payout, with no time-based scaling or lock-in.” |
|---|---|
| Cheapest account | $40 (list price) source |
| Account types | 1-Step evaluation, 2-Step evaluation source |
| Markets | Forex, Stocks, Indices, Commodities, Crypto source |
| Platforms | DXtrade source |
| Allowed / offered on at least one account type |
Rules can differ between account types — check the linked page for the account you want. |
| Not allowed, or rules that apply (firm says so) |
|
Velotrade's three programmes are CLASSIC 1-Step, CLASSIC 2-Step and PRO 1-Step. The Terms define a 1-Step Challenge as a single-phase evaluation and a 2-Step Challenge as a two-phase evaluation (Challenge and Verification). The site describes the fee as a "One-time fee", and the Terms say fees are payable in full before access to the trading platform is granted.
The challenges page lists three tiers, each with an account-size range and a starting price. Our capture does not show which programme name goes with each tier, so we list them without names:
| Account sizes | Starting price |
|---|---|
| $5K – $200K | From $40 |
| $5K – $100K | From $54 |
| $5K – $100K | From $67 |
The page describes one tier as "Tightest rules. Lowest price. Up to $200K." The home page says "Get funded from $40".
When we checked, the site was also running a limited-time discount code across its challenges. The prices above are the starting prices the challenges page lists; we do not list the code or the discount. We could not see a full price list for each account size.
The FAQ page also names a "Free Challenge" and a "Funded Trading Account". We could not view the pages for these, so we cannot say what they include.
The challenges page sets out these rules for CLASSIC 2-Step, with one figure for each of its two phases:
| Rule | Phase 1 | Phase 2 |
|---|---|---|
| Profit target | 10% | 5% |
| Daily loss limit | 5% | 5% |
| Maximum drawdown | 10% static | 10% static |
| Minimum trading days | 5 days | 5 days |
For the two single-phase programmes, the page shows daily loss limits of 4% and 3%, static maximum drawdowns of 7% and 3%, a 10% profit target and a 5-day minimum. Our capture does not show which figures belong to CLASSIC 1-Step and which to PRO 1-Step. The page also shows "Time limitNone".
The drawdown is static. The challenges page says the floor "is fixed from your starting balance and never moves: not intraday, not end-of-day, not ever." The Terms say the same: the floor "does not trail profits".
The site states there is no consistency rule and no maximum risk per trade. The challenges page says the only sizing limit is the static drawdown.
The home page says forex pairs carry up to 50x leverage in the challenge phase. We did not see leverage figures for other markets or for funded accounts.
The rules page sets an inactivity policy: "Accounts must record at least one valid trade every 30 calendar days." It lists "A trade is opened and held for at least 60 seconds" and says pending orders do not count as activity. The page shows an effective date of 4 September 2026. If no valid trade is recorded in 30 days, the account is deactivated automatically. Traders can ask support to reactivate it, but the firm says it may treat prolonged inactivity as a hard breach.
The Terms also say a challenge not activated within 30 days of payment may be suspended. Reactivation can be requested within 6 months, after which the challenge expires without refund.
The marketing pages and the Terms frame some topics differently, so we report both.
The Terms define the following practices in a list that ends with "any strategy that does not reflect genuine trading skill". Our capture did not show the list's heading, so we cannot quote how the Terms describe them. The list includes:
The payouts page says the default profit split is 80% from the first payout, with no time-based scaling. A 90% split is an add-on bought at checkout, which the site says can be added on any plan.
Under the Terms, the first payout can be requested 14 calendar days after the first trade on the funded account, and later payouts weekly. The payouts page adds that the qualifying trading days must also be completed first. The minimum payout is USD 100.
Payouts are paid in USDC or USDT to the trader's wallet, and the firm says the trader receives the amount sent minus network fees. The site says payouts are settled on-chain and can be checked on Arbiscan. The account is briefly halted while the risk team reviews a request.
The pages word payout timing differently. The home and challenges pages say payouts are made within 24 hours of the request. The payouts page and the Terms say they are processed within 24 hours of approval. We follow the Terms: the 24 hours runs from approval, and we did not see a stated time for approval itself.
Other payout terms:
We did not see a scaling plan that increases account size.
The site says every instrument is traded on a single platform, DXtrade. It lists forex, stocks, indices, commodities and crypto, and says there are more than 200 symbols. We could not view the instrument pages, so we cannot list individual symbols or say whether metals are offered.
The Terms name the operator as Velotrade Re Limited, a company incorporated in Hong Kong, at Unit 702, 7/F, Yue Thai Commercial Building, 128 Connaught Road Central, Sheung Wan, Hong Kong.
The site says the company does not engage in any regulated financial activities and that its sole business is simulated trading. It says it is not a financial broker, advisor or fiduciary and does not accept client funds. The Terms say all trading is simulated, that funded accounts are simulated, and that no live trading or real capital is involved.
Fees are non-refundable once the trader has accessed the trading platform or placed a first trade.
The Terms list restricted territories, including North Korea, Iran, Syria, Cuba, Crimea, Donetsk and Luhansk, plus other designated jurisdictions. Our capture shows only part of this list. We did not see a statement on whether US residents are accepted.
Velotrade may suit traders who want a static drawdown, no time limit and no consistency rule, and who are comfortable being paid in stablecoins. Traders who run bots should read the expert-advisor conditions in the Terms before buying. Anyone expecting large early withdrawals should note the cap on the first two payouts and the 80% standard split.
MyPropGenius Rating:
The rating measures how openly Velotrade discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Check the current rules and prices on the firm's own website before you buy.
MyPropGenius may receive compensation if you sign up through our links. This does not affect our ratings or review integrity.
Velotrade offers three DXtrade programmes with static drawdowns and no consistency rule, and its challenges page shows no time limit. They are operated by Hong Kong-registered Velotrade Re Limited on simulated accounts. The trade-offs are an 80% standard split, a cap on the first two payouts and non-refundable fees. Read the Terms, including the expert-advisor conditions and the inactivity policy, before buying.
Tell our finder how you trade and it will check every firm we track against your requirements.
Find My MatchThe payouts page says the default split is 80% from the first payout. A 90% split is a paid add-on bought at checkout.
No. The site and the Terms say the maximum drawdown is static, measured from the starting balance, and does not trail profits.
In USDC or USDT to your wallet. The first payout can be requested 14 calendar days after the first funded trade, then weekly, with a minimum of USD 100. The Terms say payouts are processed within 24 hours of approval.
The challenges page shows "Time limitNone" and a 5-trading-day minimum. A separate inactivity rule requires at least one valid trade every 30 calendar days.
The site says every account has API access for automated trading and that news trading is allowed. The Terms permit expert advisors subject to conditions and list news trading designed to exploit platform limitations as "News trading abuse".
The Terms name Velotrade Re Limited, a company incorporated in Hong Kong. The site says it provides simulated trading only and does not engage in regulated financial activities.