HyroTrader vs Velotrade – Prop Firm Comparison
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Introduction
When comparing prop trading firms, HyroTrader and Velotrade each offer distinct paths to funded trading. HyroTrader is based in Slovakia, through Hyro Finance, founded in 2022, and is known for real USDT perpetual execution on your own Bybit account and a staged path onto a real-capital sub-account. Velotrade is based in Hong Kong, founded in late 2025, and stands out for a fully static drawdown on every line, no consistency rule and free API and algo access. Both are crypto-first operations, but their evaluation structures, drawdown models, pricing and payout terms differ in ways that suit different trader profiles.
Quick Facts
| Feature | HyroTrader | Velotrade |
|---|---|---|
| Founded | 2022 | 2025 |
| Profit Split | 80-90% | 80% base; 90% paid add-on |
| Maximum Account Size | $200,000 | $200,000 |
| Evaluation Phases | 2 | The products, targets and drawdown - Classic 2-Step: 2 The products, targets and drawdown - Classic 1-Step: 1 The products, targets and drawdown - Pro 1-Step: 1 |
| Trustpilot Rating | Not available | Not available |
| Expert Grade | 7.6 | 7.1 |
Program Types
| Program | HyroTrader | Velotrade |
|---|---|---|
| Entry Level Program | Yes | Classic 2-Step |
| Advanced Program | Yes | Pro 1-Step |
| Scaling Options | Yes | Yes |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | HyroTrader | Velotrade |
|---|---|---|
| Profit Target | 8-12% | The products, targets and drawdown - Classic 2-Step: 10% then 5% The products, targets and drawdown - Classic 1-Step: 10% The products, targets and drawdown - Pro 1-Step: 10% |
| Maximum Drawdown | 10-12% | 10% (Classic 2-Step), 7% (Classic 1-Step), 3% (Pro) |
| Minimum Trading Days | 8-10 | 5 |
| News Trading | Yes | Yes |
| Daily Loss Limit | Not available | The products, targets and drawdown - Classic 2-Step: 5% The products, targets and drawdown - Classic 1-Step: 4% The products, targets and drawdown - Pro 1-Step: 3% |
Fees & Pricing
| Option | HyroTrader | Velotrade |
|---|---|---|
| CFD $10K Account | Listed challenge / USD 99 / One-time | Not listed in review pricing source |
| CFD $25K Account | Listed challenge / USD 199 / One-time | Not listed in review pricing source |
| CFD $50K Account | Listed challenge / USD 299 / One-time | Not listed in review pricing source |
| CFD $100K Account | Listed challenge / USD 499 / One-time | Not listed in review pricing source |
| CFD $200K Account | Listed challenge / USD 799 / One-time | Not listed in review pricing source |
| Multi-asset $5K Account | Not listed in review pricing source | Classic 1-Step / USD 67 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Single-phase evaluation; 10% profit target, 4% daily loss limit, 7% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Classic 2-Step / USD 54 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Two-phase evaluation; 10% + 5% profit targets, 5% daily loss limit, 10% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Pro 1-Step / USD 40 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Multi-asset $10K Account | Not listed in review pricing source | Classic 1-Step / USD 127 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Single-phase evaluation; 10% profit target, 4% daily loss limit, 7% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Classic 2-Step / USD 100 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Two-phase evaluation; 10% + 5% profit targets, 5% daily loss limit, 10% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Pro 1-Step / USD 74 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Multi-asset $25K Account | Not listed in review pricing source | Classic 1-Step / USD 290 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Single-phase evaluation; 10% profit target, 4% daily loss limit, 7% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Classic 2-Step / USD 225 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Two-phase evaluation; 10% + 5% profit targets, 5% daily loss limit, 10% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Pro 1-Step / USD 165 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Multi-asset $50K Account | Not listed in review pricing source | Classic 1-Step / USD 543 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Single-phase evaluation; 10% profit target, 4% daily loss limit, 7% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Classic 2-Step / USD 419 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Two-phase evaluation; 10% + 5% profit targets, 5% daily loss limit, 10% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Pro 1-Step / USD 305 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Multi-asset $100K Account | Not listed in review pricing source | Classic 1-Step / USD 1075 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Single-phase evaluation; 10% profit target, 4% daily loss limit, 7% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Classic 2-Step / USD 769 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. Two-phase evaluation; 10% + 5% profit targets, 5% daily loss limit, 10% static max drawdown, 80% base profit split. Source Checked 2026-08-11 Pro 1-Step / USD 558 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Multi-asset $200K Account | Not listed in review pricing source | Pro 1-Step / USD 1114 / One-time fee Official Velotrade checkout list fee. AIRCON20 promotion and the optional +20% profit-split add-on are excluded from base pricing. One-step Pro evaluation; 10% profit target, 3% daily loss limit, 3% static max drawdown, 80% base profit split. Source Checked 2026-08-11 |
| Refund Policy | Challenge fee refunded with first payout | Non-refundable once trading starts |
| Coupons / Discount | HyroTrader discount | Velotrade discount |
Platforms & Markets
| Feature | HyroTrader | Velotrade |
|---|---|---|
| Trading Platforms | Bybit, Tealstreet, Cleo | DXtrade |
| Forex | No | Yes |
| Stocks | No | Yes |
| Indices | No | Yes |
| Commodities | No | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | Not available | No |
| EA/Algo Trading | Yes | Free programmatic API and algo access on all accounts |
Payout
| Feature | HyroTrader | Velotrade |
|---|---|---|
| Payout Terms | Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day) | Weekly after first (14 days + 5 qualifying days); min $100; USDC/USDT only |
| See all prop firm payouts → | ||
Verdict
| Key Element | HyroTrader | Velotrade |
|---|---|---|
| Strengths | Direct exchange integration on Bybit, Up to 90% profit split, Hourly USDT/USDC payouts, 700+ crypto pairs | Static drawdown, no consistency rule, free API/algo access, news trading allowed, weekend holding, no monthly fee |
| Weaknesses | Crypto-only assets, Stop loss required, Newer firm (2022), 4-6% daily drawdown limits | Simulated accounts throughout, 90% split is paid add-on, first two payouts capped at 20x fee with excess forfeited, very new firm (late 2025) |
| Best For | Crypto traders seeking real market execution with competitive profit splits | Multi-asset traders wanting static drawdown and algorithmic access |
Frequently asked questions
What should I know about HyroTrader’s programs?
HyroTrader was founded in 2022 and carries a JoinProp Rating of 7.6 out of 10. Our comparison table lists a 2-phase evaluation, an 8-12% profit target and a maximum funded account of $200,000. Trading platforms are listed as MetaTrader 4, MetaTrader 5, TradingView, cTrader. On the same table scaling is offered, a demo account is available and an entry level program is available. Confirm the current terms for the exact account you buy before you fund it.
What should I know about Velotrade’s programs?
Velotrade was founded in 2025 and carries a JoinProp Rating of 7.1 out of 10. Our comparison table lists a 2 or 1 depending on line-phase evaluation, a 10% then 5% (2-Step) or 10% (1-Step) profit target and a maximum funded account of $200,000. Trading platforms are listed as DXtrade. On the same table scaling is offered, a demo account is available and an entry level program is not listed. Confirm the current terms for the exact account you buy before you fund it.
How do payouts differ between HyroTrader and Velotrade?
HyroTrader lists a profit split of 80-90%. Its payout terms are listed as Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day).
Velotrade lists a profit split of 80% base; 90% paid add-on. Its payout terms are listed as Weekly after first (14 days + 5 qualifying days); min $100; USDC/USDT only.
Which account rules matter when comparing HyroTrader and Velotrade?
HyroTrader applies 10-12% as its maximum drawdown. It also lists an 8-12% profit target and 8-10 minimum trading days. On this firm news trading is permitted and EAs and algorithms are permitted.
Velotrade applies 10% (Classic 2-Step), 7% (Classic 1-Step), 3% (Pro) as its maximum drawdown. It also lists a 10% then 5% (2-Step) or 10% (1-Step) profit target and 5 minimum trading days. On this firm news trading is permitted and EAs and algorithms are not permitted.
Is HyroTrader or Velotrade automatically the better choice?
No, neither firm is the automatic pick, and the honest answer depends on how you actually trade.
HyroTrader Strengths: Direct exchange integration on Bybit and Up to 90% profit split. Watch-outs: Crypto-only assets and Stop loss required. Best suited to: Crypto traders seeking real market execution with competitive profit splits.
Velotrade Strengths: Static drawdown and no consistency rule. Watch-outs: Simulated accounts throughout and 90% split is paid add-on. Best suited to: Multi-asset traders wanting static drawdown and algorithmic access.
Which one wins for you depends on how each firm measures drawdown, what the account actually costs once resets and add-ons are included, and the evaluation objectives on the exact size you buy, rather than on the headline numbers. Check both sets of current terms before you fund an account.
What makes HyroTrader stand out among prop firms?
HyroTrader is based in Slovakia, through Hyro Finance, founded in 2022, and is best known for real USDT perpetual execution on your own Bybit account and a staged path onto a real-capital sub-account. With an 80-90% profit split and a 2-step evaluation, it is aimed at crypto traders seeking real market execution with competitive profit splits.
How does Velotrade differ from HyroTrader?
Velotrade is based in Hong Kong, founded in late 2025, and differentiates itself through a fully static drawdown on every line, no consistency rule and free API and algo access. With an 80% base; 90% paid add-on profit split and a 2 or 1 depending on line evaluation, it is particularly suited to multi-asset traders wanting static drawdown and algorithmic access.
Which firm offers better payouts, HyroTrader or Velotrade?
HyroTrader offers an 80-90% profit split with Bank Wire (2-3 days), PayPal (1-2 days), Skrill (same day), Crypto (same day), Wise (1-2 days), Revolut (same day). Velotrade offers an 80% base; 90% paid add-on profit split with Weekly after first (14 days + 5 qualifying days); min $100; USDC/USDT only. The better choice depends on whether you prioritise split percentage or payout speed.
What are the drawdown rules at each firm?
HyroTrader applies 10-12%, with a profit target of 8-12%. Velotrade applies 10% (Classic 2-Step), 7% (Classic 1-Step), 3% (Pro), with a profit target of 10% then 5% (2-Step) or 10% (1-Step). Crypto drawdowns are tighter than the forex norm because the underlying asset is more volatile.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. HyroTrader is best suited to crypto traders seeking real market execution with competitive profit splits, while Velotrade is better aligned with multi-asset traders wanting static drawdown and algorithmic access. New traders should start with the smallest available account size and read the full rulebook before committing.
What happens if I fail the evaluation at either firm?
Reset and retry terms vary between crypto prop firms, and neither firm penalises future attempts based on a previous failure. Check the current reset pricing and refund terms on each firm official site before buying, because these change often.
Conclusion and Final Recommendation
Choose HyroTrader if you are crypto traders seeking real market execution with competitive profit splits. Choose Velotrade if a cheaper entry, from USD 67 and coverage of forex, stocks, indices and commodities that the other does not offer matter more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
How We Compared HyroTrader and Velotrade
Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.