Challenge Comparison Tool

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

Carrot Funding Carrot Funding
Velotrade Velotrade
Carrot Funding 5.7 Get Started
Velotrade 4.6 Get Started
Overview
Asset Type Crypto Crypto
Country United Arab Emirates Hong Kong
Established - Nov 2025
Technology Proprietary Proprietary
Platforms - cTrader
Trading Rules
Profit Split 80% Best 80-90% (+20% fee add-on for profit split up to 90%)
Daily Drawdown 5% of equity (2-Phase) / 4% of equity (1-Phase), recalculated at 00:00:00 UTC Classic 1-Step: 4% daily / 7% max (Static). Classic 2-Step: 5% daily / 10% max (Static). PRO 1-Step: 3% daily / 3% max (Static).
Payout Frequency On-demand
Requested from the trader dashboard once eligible; processed within 24 hours. 		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
  • On-chain, independently verifiable payouts (USDC on Arbitrum) with published Arbiscan transaction hashes; on-demand payouts processed within 24 hours and a 100 USDC minimum; no time limit, no minimum trading days, no inactivity rule and no stop-loss rule; one-time non-recurring challenge fee with no activation or monthly fees; scalping, grid and swing trading, news trading and weekend holding all permitted.
  • 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
  • Leverage is capped at 5x per position, far below typical CFD prop firms; a breach is permanent with no resets, no appeals and no exceptions; the firm publishes no company registration, founding date or regulator on any first-party page and its terms live on an external GitBook; funded balance is capped at $200,000 in aggregate and the largest single account is $100,000; the firm can B-book any trade at its sole discretion and the trader has no control over the routing; payouts are crypto-only (USDC on Arbitrum), with bank transfer listed as coming soon.
  • 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 No offers No offers

Challenge Details

Carrot Funding Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$65 $5K 2 Steps P1: $250 (5%)
P2: $400 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$75 $5K 1 Step P1: $400 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$119 $10K 2 Steps P1: $500 (5%)
P2: $800 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$129 $10K 1 Step P1: $800 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$239 $20K 2 Steps P1: $1,000 (5%)
P2: $1,600 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$249 $20K 1 Step P1: $1,600 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$449 $50K 2 Steps P1: $2,500 (5%)
P2: $4,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$499 $50K 1 Step P1: $4,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0
$699 $100K 2 Steps P1: $5,000 (5%)
P2: $8,000 (8%)
 P1: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P2: 5% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 10% of starting balance
P2: 10% of starting balance
 80% $0
$799 $100K 1 Step P1: $8,000 (8%)
 P1: 4% of equity
Recalculated at 00:00:00 UTC on that day's equity.
P1: 8% of starting balance
 80% $0

Velotrade Challenges

16 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$40 $32
20% off WORLDCUP20 (WAS $40) 		$5K 1 Step P1: $500 (10%)
 P1: $150 (3%)
P1: $150 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
$54 $43
20% off WORLDCUP20 (WAS $54) 		$5K 2 Steps P1: $500 (10%)
P2: $250 (5%)
 P1: $250 (5%)
P2: $250 (5%)
P1: $500 (10%) Static
P2: $500 (10%) Static
 80-90% (+20% fee add-on for 90% split) $0
$67 $54
19% off WORLDCUP20 (WAS $67) 		$5K 1 Step P1: $500 (10%)
 P1: $200 (4%)
P1: $350.00 (7%) Static
 80-90% (+20% fee add-on for 90% split) $0
$74 $59
20% off WORLDCUP20 (WAS $74) 		$10K 1 Step P1: $1,000 (10%)
 P1: $300 (3%)
P1: $300 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
$100 $80
20% off WORLDCUP20 (WAS $100) 		$10K 2 Steps P1: $1,000 (10%)
P2: $500 (5%)
 P1: $500 (5%)
P2: $500 (5%)
P1: $1,000 (10%) Static
P2: $1,000 (10%) Static
 80-90% (+20% fee add-on for 90% split) $0
$127 $102
20% off WORLDCUP20 (WAS $127) 		$10K 1 Step P1: $1,000 (10%)
 P1: $400 (4%)
P1: $700.00 (7%) Static
 80-90% (+20% fee add-on for 90% split) $0
$165 $132
20% off WORLDCUP20 (WAS $165) 		$25K 1 Step P1: $2,500 (10%)
 P1: $750 (3%)
P1: $750 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
$225 $180
20% off WORLDCUP20 (WAS $225) 		$25K 2 Steps P1: $2,500 (10%)
P2: $1,250 (5%)
 P1: $1,250 (5%)
P2: $1,250 (5%)
P1: $2,500 (10%) Static
P2: $2,500 (10%) Static
 80-90% (+20% fee add-on for 90% split) $0
$290 $232
20% off WORLDCUP20 (WAS $290) 		$25K 1 Step P1: $2,500 (10%)
 P1: $1,000 (4%)
P1: $1,750.00 (7%) Static
 80-90% (+20% fee add-on for 90% split) $0
$305 $244
20% off WORLDCUP20 (WAS $305) 		$50K 1 Step P1: $5,000 (10%)
 P1: $1,500 (3%)
P1: $1,500 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
$419 $335
20% off WORLDCUP20 (WAS $419) 		$50K 2 Steps P1: $5,000 (10%)
P2: $2,500 (5%)
 P1: $2,500 (5%)
P2: $2,500 (5%)
P1: $5,000 (10%) Static
P2: $5,000 (10%) Static
 80-90% (+20% fee add-on for 90% split) $0
$543 $434
20% off WORLDCUP20 (WAS $543) 		$50K 1 Step P1: $5,000 (10%)
 P1: $2,000 (4%)
P1: $3,500.00 (7%) Static
 80-90% (+20% fee add-on for 90% split) $0
$558 $446
20% off WORLDCUP20 (WAS $558) 		$100K 1 Step P1: $10,000 (10%)
 P1: $3,000 (3%)
P1: $3,000 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
$769 $615
20% off WORLDCUP20 (WAS $769) 		$100K 2 Steps P1: $10,000 (10%)
P2: $5,000 (5%)
 P1: $5,000 (5%)
P2: $5,000 (5%)
P1: $10,000 (10%) Static
P2: $10,000 (10%) Static
 80-90% (+20% fee add-on for 90% split) $0
$1075 $860
20% off WORLDCUP20 (WAS $1075) 		$100K 1 Step P1: $10,000 (10%)
 P1: $4,000 (4%)
P1: $7,000.00 (7%) Static
 80-90% (+20% fee add-on for 90% split) $0
$1114 $891
20% off WORLDCUP20 (WAS $1114) 		$200K 1 Step P1: $20,000 (10%)
 P1: $6,000 (3%)
P1: $6,000 (3%) Static
 80-90% (+20% fee add-on for 90% split) $0
Carrot Funding
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Velotrade
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