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For Traders

7.0 B+
United Arab Emirates CFD
VS

Velotrade

Hong Kong Crypto
Key Differences
Price $23 vs $35

Verdict: Who Wins?

For Traders 4 wins Our Pick
4 0
Velotrade 0 wins
Overall Rating 7.0 vs 0.0
TrustPilot Both 4
Starting Price $23 vs $35
Profit Split Both 80% (up to 90%)
Safety Grade B+ vs
Challenge Variety 25 vs 13 options

Best For:

Budget-conscious traders For Traders
Fast payouts For Traders

Visual Comparison

For Traders Velotrade

Head-to-Head Comparison

For Traders Metric Velotrade
7.0/10 PFM Score
4/5 (1,666) TrustPilot 4/5 (8)
B+ Safety Grade
80% (up to 90%) Profit Split 80-90% (90% with +10% add-on)
Varies by plan: 3% daily (Fast 1-step/Strike 3-step), 4% daily (Classic 2-step) Daily Drawdown 3-5% daily; max drawdown 3% (Static, Pro $5K) / 7% (Trailing EOD, 1-Step Classic) / 10% (Trailing EOD, 2-Step Classic)
Bi-weekly Payout Frequency On-demand
$23 Starting Price $35
White-Label Technology Proprietary
cTrader, TradeLocker Platforms cTrader
No Direct Path to Funded No
United Arab Emirates Country Hong Kong
Jul 2023 Established Nov 2025
25 options Challenge Options 13 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size For Traders Velotrade Savings
$25K $149 $300 Save $151
$50K $235 $540 Save $305
$100K $349 $899 Save $550

For Traders vs Velotrade: Detailed Analysis

For Traders and Velotrade are both CFD firms. For Traders has been in business longer, established in 2023, while Velotrade was founded in 2025.

In terms of pricing, For Traders is more affordable with challenges starting at $23, which is $12 less than Velotrade's starting price of $35. For Traders offers 25 challenge options, while Velotrade offers 13.

For Traders offers 80% (up to 90%) profit split, while Velotrade offers 80-90% (90% with +10% add-on). For Traders pays out Bi-weekly, and Velotrade pays out On-demand.

For trust and reputation, For Traders has a 4/5 TrustPilot rating with 1,666 reviews, while Velotrade has 4/5 with 8 reviews.

Overall, For Traders edges ahead winning 4 out of 4 categories we compared. However, the best choice depends on your specific needs — both firms have their strengths.

Pros & Cons

For Traders
Pros
Multiple challenge types (Fast/Classic/Strike/Instant). High leverage 1:125 on forex. 70,000+ traders, $9M+ paid out.
Cons
Drawdown rules vary significantly by plan. Dual entity structure (Saint Lucia + Dubai). Purchases temporarily unavailable during broker migration.
Velotrade
Pros
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)
Cons
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

Active Deals & Promo Codes

For Traders
30% OFF 30% off all challenges - Easter 2026
20% OFF 20% off all challenges - New user discount
15% OFF 15% off all challenges
30% OFF 30% off + Buy One Get One Free challenge
80% OFF 80% off $6K Instant Crypto product — pay $29 (was $138). Limited to first 1,000 accounts; once sold out, no extensions or reissues. Verified live on fortraders.com (data-discount-code="6KINSTANT").
50% OFF 50% off all New Instant account sizes (K-00K) - Launch promo, ends soon. Verified fortraders.com 2026-05-10.
50% OFF 50% off Futures Fast Pro 1-Step challenge (new launch offer). $50K plan from $199 → $99. Also applies to other Futures Fast Pro sizes while offer lasts.
Velotrade

No active deals

Frequently Asked Questions

Which is better, For Traders or Velotrade?

For Traders scores higher overall, winning 4 out of 4 comparison categories including Overall Rating, Starting Price, Safety Grade. However, the best choice depends on your trading goals and priorities.

Which is cheaper, For Traders or Velotrade?

For Traders has the lower starting price at $23. For Traders offers 25 challenge options starting from $23, while Velotrade offers 13 options starting from $35.

Which has better reviews, For Traders or Velotrade?

For Traders has a higher TrustPilot rating of 4/5. For Traders has 1,666 reviews while Velotrade has 8.

Which offers a higher profit split, For Traders or Velotrade?

For Traders offers a higher maximum profit split. For Traders offers 80% (up to 90%) while Velotrade offers 80-90% (90% with +10% add-on).

How fast do For Traders and Velotrade pay out?

For Traders has Bi-weekly payouts while Velotrade offers On-demand payouts. Payout speed can be an important factor when choosing a prop firm.