Challenge Comparison Tool

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

HyroTrader HyroTrader
Velotrade Velotrade
HyroTrader 6.2 Get Started
Velotrade 5.6 Get Started
Overview
Asset Type Crypto Crypto
Country Czech Republic Hong Kong
Established Jan 2022 Nov 2025
Technology Proprietary Proprietary
Platforms Bybit, Cleo cTrader
Trading Rules
Profit Split 80% scaling to 90% Best 80-90% (90% with +10% add-on)
Daily Drawdown 4% 3-5% daily; max drawdown 3% (Static, Pro $5K) / 7% (Trailing EOD, 1-Step Classic) / 10% (Trailing EOD, 2-Step Classic)
Payout Frequency On-demand (processed within hours)
Profits paid in USDT or USDC, secured by Fireblocks 		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
  • Direct exchange execution via Bybit (real order books), 700+ USDT perpetual pairs, fast crypto payouts in USDT/USDC within hours, challenge fee refunded with first payout, Cleo terminal alternative with Binance market data, up to $200K simulated capital, 1-Step or 2-Step evaluation, Fireblocks-secured payouts
  • 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
  • Mandatory stop-loss within 5 minutes on every trade, strict 3% per-trade risk cap, 40% single-day profit distribution cap during evaluation, no EUR/USD or USDC pairs, no Martingale/hedging across accounts, simulated capital (not real funds), legal entities registered in Slovakia despite Prague operational HQ
  • 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

HyroTrader Challenges

6 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$89 $5K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$159 $10K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$299 $25K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$399 $50K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$599 $100K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% None
$999 $200K 2 Steps P1: 8%
P2: 5%
 P1: 4%
4% daily drawdown of initial balance
P2: 4%
4% daily drawdown of initial balance
P1: 6% maximum loss of initial balance
P2: 6% maximum loss of initial balance
 80% scaling to 90% 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
HyroTrader
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Velotrade
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