# Velo Trade — rules, pricing and payouts > Velo Trade — proprietary trading firm tracked by Prop Firm Pal. **Source:** https://propfirmpal.com/firms/unverified/velo-trade **Generated:** 2026-10-06 **Publisher:** Prop Firm Pal — independent prop firm comparison _Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._ --- ## Key terms | Field | Value | | --- | --- | | Verification | Sourced from the firm’s own website, not verified | | Community rating | no reviews yet | | Evaluation types | not published | | Cost to a $100,000 funded account | not published | | Cheapest entry price | not published | | Instant funding | not offered | | Account sizes | not published | | Maximum profit split | not published | | Phase 1 profit target | not published | | Daily drawdown | not published | | Maximum drawdown | not published | | Platforms | not published | | Instruments | not published | | Payment methods | not published | | Payout methods | not published | ## Is Velo Trade legit? Prop Firm Pal has not verified Velo Trade, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Velotrade Re Limited, in Sheung Wan, Hong Kong. Its website has been active in Prop Firm Pal's monthly traffic record since January 2026, and traffic over the last three months is falling sharply. Its payout policy is published, and summarised on the Payouts tab. | Record | What we hold | | --- | --- | | Company | Velotrade Re Limited | | Headquarters | Sheung Wan, Hong Kong | | In our traffic record | Since January 2026 (8 months) | | Traffic, last three months | Falling sharply (-50% to August 2026) | - Company: "Velotrade Re Limited operates the multi-asset funded trading platform." — https://velotrade.com/about - Headquarters: "Velotrade is headquartered in Hong Kong, with its registered office at Unit 702, 7/F, Yue Thai Commercial Building, 128 Connaught Road Central, Sheung Wan, Hong Kong." — https://velotrade.com/faq ## What this firm publishes Velotrade is a multi-asset prop firm that puts crypto, forex, stocks, indices and commodities on a single DXtrade funded account, with 234 instruments listed. It sells three challenges: CLASSIC 2-Step, CLASSIC 1-Step and PRO 1-Step, with account sizes from $5,000 to $200,000; only PRO 1-Step reaches $200,000. Velotrade pitches a static drawdown on every plan, no consistency rule, no time limit and full REST and WebSocket API access for EAs and bots at no extra fee. The prop business is run by Velotrade Re Limited from Sheung Wan, Hong Kong. The Velotrade rules differ mainly in drawdown. CLASSIC 2-Step asks for a 10% profit target in phase 1 and 5% in phase 2, with a 5% daily loss limit and 10% maximum drawdown. CLASSIC 1-Step sets a 10% target with 4% daily and 7% maximum, and PRO 1-Step a 10% target with 3% daily and 3% maximum. The daily loss limit is recalculated from balance at 00:30 UTC. Every phase needs 5 qualifying trading days, and a day only counts when it closes with realised profit of 0.8% or more of the starting balance. News trading and weekend holding are allowed, but single stocks must be closed 24 hours before earnings and ex-dividend dates. Martingale, HFT and hedging across accounts are prohibited, and copy trading is allowed only between your own accounts. Combined funded capital is capped at $200,000. The standard profit split is 80%, or 90% with a checkout add-on. The first payout can be requested 14 calendar days after the first funded trade, once the qualifying days are done, and then weekly. Velotrade pays in USDC or USDT within 24 hours of approval, with a USD 100 minimum. Challenges run from $40 for a $5,000 PRO 1-Step to $1,114 for the $200,000 account. Fees are non-refundable once the platform has been accessed, and challenges cannot be reset. _Compiled from Velo Trade's own published pages, retrieved 2026-09-14. Not independently verified by Prop Firm Pal._ | Field | Value | Source | | --- | --- | --- | | legalName | Velotrade Re Limited | [published page](https://velotrade.com/about) | | headquarters | Sheung Wan, Hong Kong | [published page](https://velotrade.com/faq) | | founders | Gianluca Pizzituti, Vittorio De Angelis | [published page](https://velotrade.com/faq) | | ceo | Gianluca Pizzituti | [published page](https://velotrade.com/faq) | | platforms | DXtrade | [published page](https://velotrade.com/how-it-works) | | instruments | BTC, ETH, SOL, EURUSD, GBPUSD, USDJPY, TSLA, NVDA, AAPL, SPY, QQQ, IWM, XAU, XAG, CL | [published page](https://velotrade.com/challenges) | | availableAssets | Crypto, Forex, Stocks, Indices, Commodities | [published page](https://velotrade.com/instruments) | | paymentMethods | Credit and debit cards, Cryptocurrency | [published page](https://velotrade.com/faq) | | payoutMethods | USDC, USDT | [published page](https://velotrade.com/faq) | | payoutFrequency | Weekly on request, after a first payout available 14 calendar days from the first funded trade | [published page](https://velotrade.com/faq) | | restrictedCountries | North Korea, Iran, Syria, Cuba, Crimea, Donetsk, Luhansk | [published page](https://velotrade.com/terms) | | maxProfitSplitPercent | 90 | [published page](https://velotrade.com/faq) | | positioning | A multi-asset prop trading firm offering funded accounts across crypto, forex, stocks, indices and commodities on one account | [published page](https://velotrade.com/about) | | targetTrader | Disciplined traders | [published page](https://velotrade.com/about) | | maxAccountSize | 200000 | [published page](https://velotrade.com/faq) | | maxAllocation | 200000 | [published page](https://velotrade.com/terms) | | resetPolicy | Challenges cannot be reset; a new challenge must be purchased after a failure | [published page](https://velotrade.com/faq) | | refundPolicy | Fees are non-refundable once the trading platform has been accessed or the first trade placed, except where required by law | [published page](https://velotrade.com/terms) | | inactivityPolicy | At least one valid trade every 30 calendar days, or the account is automatically deactivated; reactivation can be requested within 6 months | [published page](https://velotrade.com/rules) | | kycRequirements | Not required during the evaluation; completed after passing and before the funded account is issued, with government photo ID and proof of address dated within | [published page](https://velotrade.com/faq) | | minPayoutAmount | USD 100 | [published page](https://velotrade.com/terms) | | payoutProcessingTime | Within 24 hours of approval | [published page](https://velotrade.com/terms) | | supportChannels | Email, Live chat | [published page](https://velotrade.com/faq) | | supportHours | Around the clock | [published page](https://velotrade.com/faq) | ## Frequently asked questions ### What is Velotrade's profit split? Velotrade's standard profit split is 80%, and a checkout add-on raises it to 90%. The same split applies on CLASSIC and PRO plans. ### What are the Velotrade challenge rules? CLASSIC 2-Step needs 10% then 5% with a 5% daily loss limit and 10% maximum drawdown. CLASSIC 1-Step needs 10% within 4% daily and 7% maximum, and PRO 1-Step needs 10% within 3% daily and 3% maximum. Each phase needs 5 qualifying days, and there is no time limit. ### Does Velotrade use a trailing drawdown? No. Every Velotrade plan uses a static maximum drawdown fixed from the starting balance. The daily loss limit is recalculated each day at 00:30 UTC from your balance and monitored against live equity. ### How much does a Velotrade challenge cost? Velotrade challenges start at $40 for a $5,000 PRO 1-Step and $54 for a $5,000 CLASSIC 2-Step. The $100,000 CLASSIC 1-Step is $1,075 and the $200,000 PRO 1-Step is $1,114. ### Does Velotrade have a consistency rule? No. Velotrade has no consistency rule on any plan. The minimum trading days rule still applies: a day counts only when it closes with realised profit of 0.8% or more of the starting balance. ### Does Velotrade allow news trading and EAs? Yes to both, with limits. News trading is permitted, but single stocks must be closed 24 hours before earnings. EAs, bots and API strategies are allowed if they are your own or commercially available, while private or bespoke signal services are not. ### How do Velotrade payouts work? The first payout can be requested 14 calendar days after your first funded trade and after 5 qualifying days, then weekly. Payouts are made in USDC or USDT within 24 hours of approval, with a USD 100 minimum. ### Does Velotrade refund the challenge fee? No. Velotrade's terms say fees are non-refundable once you have accessed the trading platform or placed your first trade, and challenges cannot be reset. ### How many accounts can I have at Velotrade? Velotrade allows one registered profile, under which you can run several challenges and funded accounts as long as combined funded capital stays within $200,000. ### Which countries are restricted at Velotrade? Velotrade's terms bar North Korea, Iran, Syria, Cuba, Crimea, Donetsk and Luhansk, plus any other jurisdiction designated under sanctions laws. ### Is Velotrade legit? Velotrade's prop business is operated by Velotrade Re Limited, registered in Sheung Wan, Hong Kong. Its terms describe all trading as simulated and say an offer of a funded account after passing is at the firm's sole discretion and not guaranteed. Payouts are sent in USDC or USDT within 24 hours of approval. ## Related pages - [Velo Trade rules](https://propfirmpal.com/firms/unverified/velo-trade/rules) — markdown: https://propfirmpal.com/firms/unverified/velo-trade/rules.md - [Velo Trade payouts](https://propfirmpal.com/firms/unverified/velo-trade/payouts) — markdown: https://propfirmpal.com/firms/unverified/velo-trade/payouts.md - [All prop firms compared](https://propfirmpal.com/best-prop-firms) - [Velo Trade alternatives](https://propfirmpal.com/alternatives/velo-trade) - [Velo Trade web traffic history](https://propfirmpal.com/firms/unverified/velo-trade/traffic)