Side-by-side comparison
Velotrade vs HyroTrader
How Velotrade compares with HyroTrader on the rules that decide whether you pass, from each firm's official terms. Velotrade publishes this page, so we show where HyroTrader is stronger too.


Where Velotrade differs
- Daily drawdown: Fixed from the higher of balance or equity at 00:30 UTCHyroTrader: Trails your intraday equity peak (paid upgrade fixes it)
- Consistency rule: None at any stageHyroTrader: 40% single-day cap during evaluations
- Risk per trade: No capHyroTrader: Max 3% realised loss per position
Founded 2016 in Hong Kong · One-time fee · See every published payout
Where HyroTrader is stronger
- Challenge fee refunded on your first funded payout
- Real execution on live Bybit and Binance order books
Fees at the same account size
| Account size | Velotrade | HyroTrader |
|---|---|---|
| $5K | $32$40PRO 1-Step | $592-Step |
| $10K | $59.20$74PRO 1-Step | $1192-Step |
| $25K | $132$165PRO 1-Step | $2492-Step |
| $50K | $244$305PRO 1-Step | $3792-Step |
| $100K | $446.40$558PRO 1-Step | $5792-Step |
Lowest fee per size, one-time. Velotrade prices include 20% off with AITRADE20, applied when you pick a plan; list price struck through. Other firms at list price.
Velotrade vs HyroTrader: Full Comparison
| Rule | ||
|---|---|---|
| Drawdown | Static All challenges use static drawdown. Floor is fixed from starting balance and never moves for the life of the account. Full detailAll challenges use static drawdown. Floor is fixed from starting balance and never moves for the life of the account. Limits differ by plan: CLASSIC 2-Step 5% daily / 10% max, CLASSIC 1-Step 4% daily / 7% max, PRO 1-Step 3% daily / 3% max. | Varies Max loss is static from the initial balance (2-Step equity must stay above 90%). Full detailMax loss is static from the initial balance (2-Step equity must stay above 90%). The DAILY limit is tick-by-tick trailing by default, off the day's highest equity including unrealised P&L; a paid 'Swing' upgrade converts it to static from the day's starting equity. CONFLICT: the rules page says 4% daily for both phases, the FAQ says 5% on the Two-Step and 4% on the One-Step. Neither page is dated, so recency cannot settle it. The rules page also does not disclose that the default is trailing. |
| Consistency rule | None | Yes Profit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Full detailProfit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Evaluation phases only, not funded accounts. |
| Risk per trade cap | No cap No cap on risk per trade and no max lot size. Your only sizing limit is the static drawdown. | Capped Max 3% realised loss per position (stop-loss not mandatory); funded accounts also cap exposure at 2x initial balance. |
| News trading | Yes | Varies Allowed, but strategies that trade only major news events are banned. |
| Weekend holding | Yes | Yes Allowed (crypto trades 24/7); drawdown is monitored continuously, so use stop-losses. |
| EAs / bots | Yes | Verify Marketing pages claim bots are allowed; not a rules surface. Full detailUNRESOLVED from the firm's own documents: T&C 10.2(e) bans bots/EAs/copy trading 'except where expressly permitted in the Trading Rules', and the Trading Rules never mention bots. The permission the T&C points to does not exist. Marketing pages claim bots are allowed; not a rules surface. Stop-loss is NOT mandatory (the 5-minute rule was removed); a 3% max realised loss per trade replaced it. |
| Daily loss limit | 3% PRO 1-Step 4% CLASSIC 1-Step 5% CLASSIC 2-Step | 5% |
| Overall loss limit | 3% PRO 1-Step 7% CLASSIC 1-Step 10% CLASSIC 2-Step | 10% |
| Profit split | 80% base, 90% with a paid add-on Standard split is 80%, with a 90% add-on available. No time-based scaling. | 80%–90% Starts at 80% and rises 5 points every four months of consistent performance, to 90%. Full detailStarts at 80% and rises 5 points every four months of consistent performance, to 90%. Scaling plan: +25% every 4 months up to 1M USDT (20% profit, 2 payouts per period). |
| Fee refund | No | Yes Full challenge fee refunded on first funded payout. |
| Platforms | DXtrade | CLEO (Bybit + Binance) |
| Assets | Crypto, FX, Indices, Stocks, Commodities | Crypto |
| Account sizes | $5K, $10K, $25K, $50K, $100K, $200K | $5K, $10K, $25K, $50K, $100K, $200K |
| Payout methods | Crypto | Crypto, Credit card |
Last verified: 2026-09-08 (Velotrade), 2026-09-29 (HyroTrader). Always verify current terms on each firm's official site before purchasing.
Ready to trade without
a consistency rule?
Multi-asset · Hong Kong · Est. 2016
Before you switch from HyroTrader
Is Velotrade a broker?+
No. Velotrade runs simulated trading evaluations for educational purposes. You trade a demo account with simulated funds.
How are rewards paid?+
In USDC or USDT. Your first payout is available 14 days after you are funded, then weekly on request.
Is the fee refundable?+
No. The evaluation fee is one-time and non-refundable, so read the rules before you buy.
What happens if I break a rule?+
That evaluation ends. You can start a new one whenever you like, on the same rules.
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