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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Apex Trader Funding Apex Trader Funding
Velotrade Velotrade
Overview
Asset Type Futures Crypto
Country United States Hong Kong
Established - Nov 2025
Technology Proprietary Proprietary
Platforms Tradovate, Rithmic, WealthCharts cTrader
Trading Rules
Profit Split 100% Best 80-90% (90% with +10% add-on)
Daily Drawdown Trailing drawdown only; no fixed daily loss limit. Two account types: Intraday Trail (drawdown trails the intraday high of each day) or EOD Trail (adjusts at end of day). 25K max drawdown $1,000; 50K $1,500; 100K $2,500; 150K $3,000. 4-5% daily loss limit. Classic 1-Step 7% max (Static). Classic 2-Step 10% max (Static). PRO 1-Step 3% daily + 3% max (Static).
Payout Frequency Every 5 trading days On-demand
Payouts on demand; withdraw profits anytime under clear rules with no lockups
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • 100% requested rewards in Sim Funded mode; no payout denials; no MAE rule; no 5/1 risk-reward rule; built-in scaling for Performance Accounts; trade up to 20 accounts simultaneously; 5-day payout cycle; pass evaluation in as little as one day; one-time fees with no recurring billing
  • Crypto-native from day one; EOD trailing drawdown (never intraday); No consistency rule; News trading allowed; Weekend holding allowed; On-demand payouts; Up to 90% profit split; Built by founders of original Velotrade (est. 2016, $2.5B+ paid out)
Main Drawbacks
  • Accounts are Sim Funded (simulated), not live funded; 50% consistency rule applies on Performance Accounts; extensive list of restricted countries
  • New crypto prop entity (Velotrade Re Limited incorporated Nov 2025); Only 8 TrustPilot reviews so far; 1-Step Pro variant only available at $5K size; Crypto-only (no forex/futures); Single platform offering
Offers & Promo Codes
Active Offers
90% off evaluation — limited time APEX90
No offers

Challenge Details

Apex Trader Funding Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$
Intraday Trail - Price not captured (JS tab widget)
$50K 1 Step P1: $3,000
P1: -
None - No Daily Loss Limit
P1: $2,000 Intraday Trailing
100% None
$
Intraday Trail - Price not captured (JS tab widget)
$100K 1 Step P1: $6,000
P1: -
None - No Daily Loss Limit
P1: $3,000 Intraday Trailing
100% None
$
Intraday Trail - Price not captured (JS tab widget)
$150K 1 Step P1: $9,000
P1: -
None - No Daily Loss Limit
P1: $4,000 Intraday Trailing
100% None
$199
Intraday Trail - Standard (One-Time Fee, 30-day eval)
$25K 1 Step P1: $1,500
P1: -
None - No Daily Loss Limit
P1: $1,000 Intraday Trailing
100% None

Velotrade Challenges

13 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$35 $35
1-Step Pro (Static drawdown; $5K only); +$4 add-on for 90% split
$5K 1 Step P1: $500 (10%)
P1: $150 (3%)
Static drawdown floor fixed at initial balance
P1: $150 (3%) Static
80-90% None
$60 $60
2-Step Classic; +$6 add-on for 90% split
$5K 2 Steps P1: $500 (10%)
P2: $250 (5%)
P1: $250 (5%)
P2: $250 (5%)
P1: $500 (10%) Trailing EOD
P2: $500 (10%) Trailing EOD
80-90% None
$72 $72
1-Step Classic; +$7 add-on for 90% split
$5K 1 Step P1: $500 (10%)
P1: $200 (4%)
P1: $350 (7%) Trailing EOD
80-90% None
$120 $120
2-Step Classic; +$12 add-on for 90% split
$10K 2 Steps P1: $1,000 (10%)
P2: $500 (5%)
P1: $500 (5%)
P2: $500 (5%)
P1: $1,000 (10%) Trailing EOD
P2: $1,000 (10%) Trailing EOD
80-90% None
$132 $132
1-Step Classic; +$13 add-on for 90% split
$10K 1 Step P1: $1,000 (10%)
P1: $400 (4%)
P1: $700 (7%) Trailing EOD
80-90% None
$300 $300
2-Step Classic; +$30 add-on for 90% split
$25K 2 Steps P1: $2,500 (10%)
P2: $1,250 (5%)
P1: $1,250 (5%)
P2: $1,250 (5%)
P1: $2,500 (10%) Trailing EOD
P2: $2,500 (10%) Trailing EOD
80-90% None
$330 $330
1-Step Classic; +$33 add-on for 90% split
$25K 1 Step P1: $2,500 (10%)
P1: $1,000 (4%)
P1: $1,750 (7%) Trailing EOD
80-90% None
$540 $540
2-Step Classic; +$54 add-on for 90% split
$50K 2 Steps P1: $5,000 (10%)
P2: $2,500 (5%)
P1: $2,500 (5%)
P2: $2,500 (5%)
P1: $5,000 (10%) Trailing EOD
P2: $5,000 (10%) Trailing EOD
80-90% None
$594 $594
1-Step Classic; +$59 add-on for 90% split
$50K 1 Step P1: $5,000 (10%)
P1: $2,000 (4%)
P1: $3,500 (7%) Trailing EOD
80-90% None
$899 $899
2-Step Classic; +$90 add-on for 90% split
$100K 2 Steps P1: $10,000 (10%)
P2: $5,000 (5%)
P1: $5,000 (5%)
P2: $5,000 (5%)
P1: $10,000 (10%) Trailing EOD
P2: $10,000 (10%) Trailing EOD
80-90% None
$1199 $1199
1-Step Classic; +$120 add-on for 90% split
$100K 1 Step P1: $10,000 (10%)
P1: $4,000 (4%)
P1: $7,000 (7%) Trailing EOD
80-90% None
$1549 $1549
2-Step Classic; +$155 add-on for 90% split
$200K 2 Steps P1: $20,000 (10%)
P2: $10,000 (5%)
P1: $10,000 (5%)
P2: $10,000 (5%)
P1: $20,000 (10%) Trailing EOD
P2: $20,000 (10%) Trailing EOD
80-90% None
$1679 $1679
1-Step Classic; +$168 add-on for 90% split
$200K 1 Step P1: $20,000 (10%)
P1: $8,000 (4%)
P1: $14,000 (7%) Trailing EOD
80-90% None