Also offers 2-step, 1-step · Shares DXtrade
Cheaper
$299 to a $100k account, $259 less than Velo Trade
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports cTrader, MatchTrader
Firms that do the same job as Velo Trade, ranked by how closely they match on evaluation type, platform and price — then compared on what actually differs.
The closest alternatives to Velo Trade are Maven Trading, Goat Funded Trader, NYS Markets. 6 of them are cheaper than Velo Trade's $558 evaluation to a $100,000 funded account, the lowest being Funded Next at $400. 6 advertise a higher profit split than Velo Trade's 80%.
Also offers 2-step, 1-step · Shares DXtrade
Cheaper
$299 to a $100k account, $259 less than Velo Trade
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports cTrader, MatchTrader

4.2
(19 reviews)
Also offers 2-step, 1-step · Shares DXtrade
Cheaper
$365 to a $100k account, $193 less than Velo Trade
Higher split
100% maximum against 80%
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports cTrader, Trade Locker, MT5
Also offers 2-step, 1-step · Priced in the same range
Cheaper
$498 to a $100k account, $60 less than Velo Trade
Higher split
85% maximum against 80%
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports MT5
Also offers 2-step, 1-step · Priced in the same range
More expensive
$649 to a $100k account, $91 more than Velo Trade
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports MT5, MatchTrader, cTrader
Also offers 2-step, 1-step · Priced in the same range
More expensive
$622 to a $100k account, $64 more than Velo Trade
Higher split
90% maximum against 80%
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports cTrader, Trade Locker, MatchTrader

4
(61 reviews)
Also offers 2-step, 1-step
Cheaper
$422 to a $100k account, $136 less than Velo Trade
Higher split
95% maximum against 80%
Extra platforms
Also supports MT5, cTrader, MatchTrader

4
(10 reviews)
Also offers 2-step, 1-step
Cheaper
$429 to a $100k account, $129 less than Velo Trade
Higher split
100% maximum against 80%
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports cTrader, MatchTrader, Trade Locker

3.9
(8 reviews)
Also offers 2-step, 1-step
Cheaper
$400 to a $100k account, $158 less than Velo Trade
Higher split
95% maximum against 80%
Trailing drawdown
Velo Trade uses static; this firm uses trailing
Extra platforms
Also supports MT4, MT5, cTrader
Ranked by similarity to Velo Trade, not by quality — a firm near the top does the same job, it is not necessarily the better choice. Prop Firm Pal earns affiliate commission from some listed firms; this does not affect the order above.
Switching from Velo Trade
What is the cheapest alternative to Velo Trade?
Maven Trading at $299 for an evaluation to a $100,000 funded account, against $558 at Velo Trade. Price is only one axis — check the drawdown style and profit target before switching on cost alone.
Which Velo Trade alternatives use the same drawdown rules?
Funding Pips also use a static maximum drawdown, so your risk management carries across without rework. Velo Trade itself uses a static limit.
Which alternative to Velo Trade has the highest profit split?
Goat Funded Trader advertises the highest maximum split among these alternatives at 100%, compared with 80% at Velo Trade. The advertised maximum usually requires a scaling plan or paid add-on rather than applying to a first account.
Why is Velo Trade listed as needing an alternative?
It is not. This page exists because traders routinely compare shortlists rather than single firms, so it lists the firms most similar to Velo Trade and states what differs. Ordering is by similarity, not by quality, and Velo Trade may still be the right choice.
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What is Prop Firm Pal?
Prop Firm Pal is a comparison and review platform for proprietary trading firms. We list popular prop firms, publish detailed descriptions, collect real trader reviews, and provide verified discount codes for challenges and funded accounts. Our goal is to help traders compare prop firms, save money with promo codes, and choose the best funded trading program for their needs.
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A proprietary trading firm, also known as a prop firm, is a company that provides traders with access to funded trading accounts. Instead of risking your own capital, you trade the firm’s funds and earn a share of the profits. Most prop firms require traders to pass an evaluation or challenge that tests consistency, risk management, and profitability before granting a funded account.
How do prop firm challenges work?
Prop firm challenges are evaluation programs where traders must meet specific profit targets while following strict risk management rules. These rules often include maximum daily drawdown, overall drawdown limits, minimum trading days, and consistency requirements. If you successfully complete the challenge and any verification phase, you can qualify for a funded trading account and receive a profit split.
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