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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.

Velotrade logo
HyroTrader logo
vs

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
Start Velotrade from $40 $32 with AITRADE20, already applied when you pick a plan

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
See every rule side by side ↓

Fees at the same account size

Account sizeVelotradeHyroTrader
$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
Velotrade logo
Velotrade
HyroTrader logo
HyroTrader
Drawdown
Static

All challenges use static drawdown. Floor is fixed from starting balance and never moves for the life of the account.

Full detail

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.

Varies

Max loss is static from the initial balance (2-Step equity must stay above 90%).

Full detail

Max 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 detail

Profit 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 detail

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
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 detail

Starts 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.

VelotradeVelotrade

Ready to trade without a consistency rule?

Multi-asset · Hong Kong · Est. 2016

Static drawdownNo consistency ruleNo max risk per tradeNews tradingWeekend holdingAlgo & bot tradingPayouts in USDC / USDTUp to 90% profit split
Up to 90%
profit split
$40
one-time fee from
$5K to $200K
account sizes

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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