FTMO vs Velotrade

How FTMO vs Velotrade compare on our ratings, prop firm specs, funding, pros and cons.

FTMO4.2/5
VS
Feature
Ratings
Our score4.2/54.0/5
User ratingNo reviews yetNo reviews yet
Payout reliability4.54.0
Rules & drawdown4.04.5
Costs3.53.5
Platforms & markets4.54.0
Transparency & support4.54.0
Specs
Evaluation1-step, 2-step, Instant funding1-step, 2-step
Account sizesUp to $200,000$5,000 to $200,000
Challenge feeNot disclosedFrom $40
Profit split80% to 90%80% to 90%
Daily drawdown limit5%3% to 5%
Maximum drawdown10% static3% to 10% static
Payout frequencyBi-weekly after 14 daysWithin 24 hours
Payout methodsNot disclosedUSDC, USDT
Crypto leverageUp to 1:100Not disclosed
Trading platformsMT4, MT5, TradingView, cTraderDXtrade
MarketsCrypto, Forex, Indices, Commodities, StocksCrypto, Forex, Indices, Commodities, Stocks
KYC required YesNot disclosed
Company
Founded20152026
HeadquartersCzech RepublicHong Kong
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Static 10% max drawdown calculated from initial balance rather than trailing equity
  • Over $650M paid in rewards since 2015 across 140 countries
  • Profit splits scale from 80% up to 90% through the scaling plan
  • Supports TradingView, cTrader, MT4, and MT5 platforms
  • Static drawdown eliminates trailing equity traps during volatile trades
  • Profit payouts are settled directly on-chain on Arbitrum in stablecoins
  • No lot size limits or consistency rules
  • News trading and weekend holding are permitted across all instruments
Cons
  • Standard accounts prohibit holding positions over weekends or trading major news events
  • Identity verification is required before any reward withdrawal is processed
  • All trading takes place entirely within simulated demo environments
  • Slippage issues and disputed account-breach determinations
  • Challenge fees are non-refundable even after passing the evaluation
  • Evaluations and funded phases operate entirely in simulated trading environments
  • Only stablecoins are supported for withdrawals, requiring secondary conversion to fiat
  • Prop trading venture has a brief operational history dating to early 2026
Best forDisciplined day traders avoiding trailing drawdowns, Swing traders using cTrader or TradingView, Forex and crypto technical analystsAlgorithmic traders using custom APIs, Traders avoiding trailing drawdown rules, Multi-asset traders holding over weekends

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