Velotrade at a glance
An established prop trading firm, reviewed by the Tradelytic team and rated by traders.
Institutional traders with backgrounds from major global banks launched Velotrade. Today, the firm provides funded trading accounts from $5,000 to $200,000. Traders can access over 230 instruments across crypto, forex, indices, stocks, and commodities. Velotrade stands out by verifying its payout records on-chain. The firm publishes and settles crypto payouts directly on the Arbitrum blockchain. Clients trade without risking personal capital beyond the initial challenge fee.
Modern Execution and Trading Parameters
Velotrade uses DXtrade alongside direct API execution. Traders can connect custom algorithmic bots and Expert Advisors without paying extra fees. The firm offers two main tracks: the PRO 1-Step challenge and the Classic 2-Step evaluation. Both options feature static drawdown models that protect unrealized gains. Payouts process weekly in stablecoins like USDC and USDT from a low $100 minimum threshold.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
Velotrade delivers a refreshing, transparent approach to proprietary trading with its on-chain Arbitrum payout verification and budget-friendly pricing. The entry-level $5k PRO challenge starts at just $40, making it one of the lowest entry fees in the prop firm industry. With no maximum time limits, full algorithmic API access, and static drawdown baselines on Classic accounts, it offers great strategic flexibility for disciplined day traders and crypto scalpers.
However, traders must carefully review specific rule thresholds. Payouts require a minimum 5 trading days where each qualifying day generates at least 0.8% net profit. Payouts also function as full-balance sweeps that reset account balances to their starting value. Furthermore, the firm caps total funded capital across all accounts per trader at $200,000.
Our take: Velotrade is a top-tier choice for algorithmic and crypto traders seeking transparent on-chain payout proof, DXtrade execution, and low evaluation fees.
Pros & cons
The honest summary, weighed from our testing and trader feedback.
- All payouts verified publicly on the Arbitrum blockchain
- Low challenge fees starting at $40 for a $5,000 account
- Zero time limits across all evaluation challenge stages
- Direct API integration and automated EA bot support with zero extra fees
- Static drawdown model on Classic 2-Step accounts
- Fast weekly payout settlements processed in USDC and USDT
- 230+ tradable assets covering 24/7 crypto, stocks, indices, and commodities
- Default 80% profit split, upgradable to 90% via checkout add-on
- Qualifying trading day requires a minimum 0.8% net profit gain
- Payouts require full-balance withdrawals that reset account balance to starting value
- Total aggregate funded capital capped at $200,000 per trader
- Accounts deactivate if no trade held over 60 seconds occurs within 30 days
Who it's for
Here's how to tell if this prop firm is right for you.
- Trade cryptocurrency, forex, or indices using automated trading bots and direct API access
- Prefer transparent, verifiable on-chain stablecoin payouts via Arbitrum
- Want low-cost challenge entry fees ($40+) without deadline pressures
- Value static drawdown rules over fluctuating trailing drawdowns
- Prefer modern charting and execution through the DXtrade platform
- Require MetaTrader 4 or MetaTrader 5 as your primary trading terminal
- Want to scale aggregate funded allocations above $200,000 across multiple accounts
- Rely on small partial profit withdrawals while keeping account profits active
Fees & platforms
What it costs to trade, and what you'll trade on.
Velotrade offers a cost-effective, multi-asset proprietary trading structure built around institutional execution and verifiable crypto payouts. With evaluations starting at $40, zero time limits, and modern platform connectivity via DXtrade and API integrations, the firm accommodates both manual chartists and algorithmic traders. Below is a complete breakdown of Velotrade's evaluation tiers, risk rules, payout policies, and trading parameters.
Evaluation Tiers & Pricing
Velotrade provides funding accounts from $5,000 to $200,000 across two main challenge formats: – PRO 1-Step Challenge: A single-phase evaluation track with an accessible target. Pricing starts at $40 for a $5,000 account and scales up to $1,114 for a $200,000 account. – Classic 2-Step Challenge: A two-phase evaluation designed for steady risk management. Phase 1 requires an 8% profit target, while Phase 2 requires a 5% target with a static 10% maximum drawdown.
Drawdown & Risk Rules
Velotrade utilizes clear risk thresholds: – Daily Loss Limit: Set at 4% to 5% based on starting day balance. – Maximum Drawdown: 6% on PRO 1-step accounts and 10% static drawdown on Classic 2-step accounts. On static accounts, the maximum loss floor remains fixed and never trails upward.
Profit Split & Scaling
Standard accounts start with an 80/20 profit split. Traders can purchase an optional checkout add-on (+20% fee) to permanently raise their profit split to 90%. Total funded allocation across all accounts for a single trader is capped at $200,000.
Payout Policy
Payouts are available weekly with a low minimum threshold of $100. Payouts are paid out in USDC or USDT directly on the Arbitrum blockchain. Withdrawals process within 24 hours of approval. Payouts must be full balance withdrawals, resetting the account to starting balance upon completion.
Trading Rules & Restrictions
Key operational guidelines include: – Time Limits: Unlimited (no maximum time limit on challenges). – Profitable Days: Requires at least 5 qualifying trading days (a qualifying day must close with at least 0.8% net profit). – EAs & APIs: Automated algorithms, EAs, and direct API trading are fully allowed without approval fees. – Account Inactivity: Accounts must place at least one trade held for 60 seconds every 30 days to prevent deactivation.
Platform & Execution
Trading is hosted on DXtrade and supports custom Direct API trading tools. The environment covers over 230 assets including 24/7 crypto pairs, forex, commodities, equity indices, and stocks.