Side-by-side comparison
Velotrade vs HyroTrader
Rules, drawdown model, fees, and trading conditions compared side by side. Data verified from official sources.
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. 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. The figures below are the CLASSIC 2-Step values. | Tick-by-tick 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 Edge | Yes Profit Distribution Rule: no single day may contribute more than 40% of total NET result (including losing days). Evaluation phases only, not funded accounts. |
| 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 UNRESOLVED 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 | 5% | 5% |
| Overall loss limit | 10% | 10% |
| Profit split | up to 90% Standard split is 80%, with a 90% add-on available. No time-based scaling. | 70%–90% Starts at 70%, scales to 90% over 16 months automatically. |
| 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), 2026-09-09 (HyroTrader). Always verify current terms on each firm's official site before purchasing.
Also consider·VelotradeMulti-asset prop trading,
one account for all markets.
Multi-asset · Hong Kong · Est. 2025
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