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OVERVIEW
Velotrade
review
Velotrade is a Hong Kong-based multi-asset and crypto prop firm founded by former institutional derivatives traders from Dresdner Kleinwort and JP Morgan, offering funded accounts up to $200,000.
Our verdict
4.8
★★★★★ · PropFirm score
210
Velotrade is an exceptional choice for traders seeking static drawdowns, zero minimum trading days, and 24/7 crypto and multi-asset trading. Founded by seasoned institutional traders, it provides transparent rules, news trading permissions, and up to 90% profit splits.
Payout speed & reliability
4.9
Rule fairness & clarity
4.9
Challenge value
4.7
Platform & data feed
4.8
Support & payout UX
4.7
About the firm
Multi-asset & crypto prop firm offering accounts up to $200K with static drawdowns and institutional liquidity.
Velotrade is a Hong Kong-based financial technology and prop trading provider. Building on its institutional fintech background since 2016, Velotrade introduced its proprietary trading arm to grant traders access to up to $200,000 in simulated funding. The firm provides multi-asset market access across Forex, Cryptocurrencies, Stocks, Indices, and Commodities with transparent ECN liquidity bridges.
Traders can choose between 1-Step and 2-Step evaluation tracks featuring static drawdown limits, zero minimum trading days, and no mandatory consistency rules during qualification or funded stages.
Firm type
Multi-asset & crypto prop firm
Operating since
2016
Markets
Forex, Crypto, Stocks, Indices, Commodities
Platforms
Velotrade Web & Mobile App
Data feed
Institutional ECN Liquidity Bridge
Funding model
Simulated capital, real cash payouts
Payout rails
USDT on-chain, bank wire transfer
Country availability
Global access — standard international compliance restrictions apply.
The team — who's behind it?
Who Velotrade works best for — and who should look elsewhere.
GP
Gianluca Pizzituti
Co-Founder & Chief Executive Officer
Former derivatives trader at Dresdner Kleinwort in London who later managed a proprietary HFT firm in Singapore. He directs Velotrade's corporate strategy, technology development, and global expansion.
velotrade
#16A34A
VA
Vittorio De Angelis
Co-Founder & Executive Chairman
Former equity-derivatives trader at JP Morgan, Dresdner Kleinwort, and Bank of America in London. He leads institutional partnerships, capital allocation, and compliance frameworks for the firm.
velotrade
#16A34A
The challenges they sell
$10K
$54/mo
$1,000
$400
$600 (Static)
Classic 1-Step Evaluation
velotrade
1:100
0
$0
$45
90%
Single-phase evaluation, No time limit, Static drawdown, Zero consistency rule, Up to 90% split
$10K
$49/mo
P1: $800 / P2: $500
$500
$1,000 (Static)
Classic 2-Step Evaluation
velotrade
1:100
0
$0
$39
90%
Two-phase evaluation, Lower entry fees, Static drawdown, No max trading days, 90% split
$10K
$74/mo
$1,000
$500
$1,000 (Static)
Pro 1-Step Evaluation
velotrade
1:100
0
$0
$59
90%
High drawdown limits, News trading allowed, Weekend holding, Full API access, 90% split
$25K
$124/mo
$2,500
$1,000
$1,500 (Static)
Classic 1-Step Evaluation
velotrade
1:100
0
$0
$99
90%
$25K
$109/mo
P1: $2,000 / P2: $1,250
$1,250
$2,500 (Static)
Classic 2-Step Evaluation
velotrade
1:100
0
$0
$89
90%
$25K
$164/mo
$2,500
$1,250
$2,500 (Static)
Pro 1-Step Evaluation
velotrade
1:100
0
$0
$129
90%
$100K
$424/mo
$10,000
$4,000
$6,000 (Static)
Classic 1-Step Evaluation
velotrade
1:100
0
$0
$299
90%
MOST POPULAR
$100K
$389/mo
P1: $8,000 / P2: $5,000
$5,000
$10,000 (Static)
Classic 2-Step Evaluation
velotrade
1:100
0
$0
$269
90%
MOST POPULAR
$100K
$549/mo
$10,000
$5,000
$10,000 (Static)
Pro 1-Step Evaluation
velotrade
1:100
0
$0
$399
90%
MOST POPULAR
$150K
$624/mo
$15,000
$6,000
$9,000 (Static)
Classic 1-Step Evaluation
velotrade
1:100
0
$0
$449
90%
$150K
$549/mo
P1: $12,000 / P2: $7,500
$7,500
$15,000 (Static)
Classic 2-Step Evaluation
velotrade
1:100
0
$0
$399
90%
$150K
$799/mo
$15,000
$7,500
$15,000 (Static)
Pro 1-Step Evaluation
velotrade
1:100
0
$0
$599
90%
$200K
$824/mo
$20,000
$8,000
$12,000 (Static)
Classic 1-Step Evaluation
velotrade
1:100
0
$0
$599
90%
$200K
$749/mo
P1: $16,000 / P2: $10,000
$10,000
$20,000 (Static)
Classic 2-Step Evaluation
velotrade
1:100
0
$0
$549
90%
$200K
$1,049/mo
$20,000
$10,000
$20,000 (Static)
Pro 1-Step Evaluation
velotrade
1:100
0
$0
$799
90%
Hidden rules & fine print
Static Drawdown Mechanics [KNOW THIS]
Drawdown limits remain fixed to the initial starting balance or static loss threshold and do not trail intraday equity highs.
Zero Minimum Trading Days [KNOW THIS]
Traders can complete the evaluation phase in a single day if profit targets are reached while respecting loss limits.
Prohibited Trading Practices [STRICT]
Latency arbitrage, gap trading, software vulnerability exploitation, and group trading/account sharing are strictly prohibited.
News Trading & Weekend Holding [TRADER-FRIENDLY]
Holding trades through major news announcements and keeping positions open over weekends is fully permitted.
Who this firm is best for — and not
Ideal for multi-asset traders, crypto scalpers, and news traders seeking static drawdowns and zero minimum trading days.
✓ Best for
Crypto & Multi-Asset Traders wanting 24/7 market access with tight spreads and static loss limits
Fast Qualification Scalpers who want zero minimum trading days to reach funded status
News & Swing Traders needing permission to hold trades over weekends and major news events
✕ Not the best fit
MetaTrader 4/5 Purists who insist on MT4/MT5 platforms rather than web/app terminals
High-Frequency Arbitrageurs attempting to use latency scripts
Payout terms
Velotrade offers bi-weekly or on-demand profit withdrawals with an 80% to 90% profit split sent via USDT or direct bank transfer.
Profit split
80% – 90%
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Payout schedule
Bi-weekly / On-demand
First payout eligibility
Available after clearing initial profit buffer on funded stage
Minimum withdrawal
$100
Payout method
USDT on-chain, bank wire transfer
Consistency rule
None
Drawdown model
Static Drawdown (Non-trailing)
Platforms
Velotrade Web & Mobile App
Recent tracked payouts
Instant payouts via USDT on-chain or direct bank wire with up to 90% profit split.
No items found.
Strengths & trade-offs
✓ What PropFirm likes
Institutional founding team with Dresdner Kleinwort, JP Morgan, and Bank of America background
Static drawdown rules that do not trail unrealized equity peaks
Zero minimum trading days and no consistency restrictions during qualification
24/7 Crypto CFD trading with low ECN spreads
! Worth checking
Proprietary Web/App interface rather than MetaTrader 4/5 integration
One-time reset fees apply upon failing an evaluation stage
Common online complaints
Feedback is overwhelmingly positive; minor notes relate to mandatory KYC identity verification.