Velotrade

What Velotrade does

Velotrade is a Hong Kong-headquartered financial services group operating two distinct businesses under one brand. The legacy entity, Velotrade Management Limited (founded 2016), is an SFC-regulated digital trade finance marketplace that connects SMEs seeking working capital with institutional investors buying trade receivables, offering invoice discounting, e-commerce financing, and purchase order financing; the platform has processed and paid out over $2.5 billion to clients worldwide since inception and was awarded Best SME Invoice Solution in 2020 by a joint HKMA/BIS Innovation Hub initiative.

The newer entity, Velotrade Re Limited (launched 2026), is a multi-asset crypto proprietary trading platform that offers funded trading accounts ranging from $5,000 to $200,000 across crypto, forex, stocks, indices, and commodities, accessible via a single evaluation on the DXtrade trading platform. Traders purchase one of three challenge tiers (CLASSIC 1-Step, CLASSIC 2-Step, PRO 1-Step at $32-$67 entry fees), pass a profit-target / drawdown-based evaluation, and then trade firm capital with an 80-90% profit split and 24-hour USDC/USDT payouts. The firm differentiates on transparent one-page rules, static drawdown (floor fixed at initial balance), no consistency rule, allowed news trading, allowed weekend holding, and full WebSocket API access for algorithmic deployment on every account tier. The company claims an AI-driven hedging model with institutional liquidity bridges, under which the firm profits only when traders profit (alignment model vs. book model).

The go-to-market is fully digital self-serve, supported by an extensive content marketing and SEO footprint (prop firm directory, comparison pages, calculators), an active community on Discord/X/YouTube, an affiliate program, and earned media placement in Bloomberg, FT, WSJ, Nasdaq, and Business Insider. Founded by former institutional derivatives traders from JP Morgan, Dresdner Kleinwort, and Bank of America, Velotrade has raised one disclosed round of funding (Vynn Capital, July 2021) and maintains operating geographies anchored in Hong Kong with planned Southeast Asian expansion into Malaysia and Indonesia, alongside strategic partnerships with MUFG Bank, SUNRATE, and Chang'an Inkasso tied to the legacy trade finance business.

Name

Velotrade

Legal name

Velotrade Re Limited

Website

https://velotrade.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Velotrade operates two Hong Kong-based businesses: an SFC-regulated digital trade finance marketplace for SMEs (over $2.5B processed since 2016) and a multi-asset crypto proprietary trading platform offering funded accounts up to $200K with up to 90% profit split to retail and professional traders globally.

Ownership category

akta.pro rank

Product category

Proprietary Trading Platform

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (523160), Other Financial Investment Activities (5239)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Cross-Margin, Portfolio Margin & Risk Engine Providers (FSADAGAH)

akta.pro secondary industries

Hedge Funds — Commodity Systematic/CTA (Managed Futures) (FSAHAHAC), Derivatives Trading Venues (perps, futures, options) (FSAPADAE)

Keywords

• Proprietary trading
• Funded trading accounts
• Prop firm challenges
• Crypto prop trading
• Multi-asset trading

Headquarters

HQ city

Cyberport

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Challenge Evaluation Fees: One-time fees for trading evaluations (challenges) ranging from $32 to several hundred dollars depending on account size and plan type. Fees are non-refundable once trading platform is accessed.
2. Profit Split from Funded Accounts: Revenue share of 10-20% from profitable funded trading accounts. Traders keep 80-90% of profits. Revenue is generated when traders are profitable, aligning firm incentives with trader success.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Velotrade operates a multi-asset proprietary trading platform that provides individual traders with funded accounts of $5,000 to $200,000 after passing one of three challenge evaluations (CLASSIC 1-Step, CLASSIC 2-Step, PRO 1-Step). Funded traders trade firm capital across crypto, forex, stocks, indices, and commodities on the DXtrade platform, keeping up to 90% of generated profits with payouts in USDC or USDT. The firm hedges positions institutionally rather than trading against its traders, and supports algorithmic strategies via full API access on every account.

Product overview

Velotrade operates as a multi-asset proprietary trading firm offering funded trading accounts ranging from $5,000 to $200,000. The core product is the Crypto Funded Trading Platform (operated by Velotrade Re Limited), which provides challenge-based evaluations (CLASSIC 1-Step, CLASSIC 2-Step, and PRO 1-Step) leading to funded multi-asset trading accounts covering Crypto, Forex, Stocks, Indices, and Commodities on the DXtrade platform. Traders access capital after passing evaluations, trade without personal risk, and receive up to 90% profit split with payouts in USDC/USDT. The firm differentiates through static drawdown, no consistency rule, news trading allowed, weekend hold allowed, and an AI-driven institutional hedging model. Free tools include Prop Challenge Profit Calculator, Drawdown Risk Calculator, and Challenge ROI Calculator. The legacy business (Velotrade Management Limited) was a trade finance platform offering invoice financing, e-commerce financing, and purchase order financing, regulated by the Hong Kong SFC, with over $2.5 billion in cumulative client payouts since 2016.

Differentiator

Problem solved

Functional benefit

Products and services

• Crypto Funded Trading Platform Multi-asset proprietary trading platform that provides individual traders with funded accounts after passing a challenge evaluation. Traders trade firm capital across crypto, forex, stocks, indices, and commodities on the DXtrade infrastructure, keeping up to 90% of profits, with payouts in USDC or USDT.
• CLASSIC 1-Step Challenge

Quantifiable outcome

• Up to $200,000 funded capital per account
• +3 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability3 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• SUNRATEminorStrategic or Co-development PartnerPartnership with SUNRATE to combine global payment rails and trade financing, helping importers and exporters streamline cross-border operations.
• Chang'an InkassominorStrategic or Co-development PartnerStrategic partnership to expand cross-border e-commerce financing for SMEs across Greater China.
• MUFG BankcoreStrategic or Co-development PartnerMUFG Bank selected Velotrade's platform to automate internal invoice processing and enhance trade service operations across Asia. This represents a major banking partnership for trade finance operations.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• MyFundedFX: MyFundedFX is a prop trading firm specializing in funded forex and futures accounts through challenge-based evaluations. Direct competitor in the funded-account space with similar rule structures and trader-first marketing positioning.
• TopStep: TopStep is a leading prop trading evaluation firm focused on futures markets (CME). Comparable to Velotrade in challenge-based evaluation model and funded account structure, though Velotrade extends across crypto, forex, and equities while TopStep focuses on futures.
• FTMO: FTMO is the largest and most established proprietary trading evaluation firm globally. It is a direct peer with similar challenge-based evaluations, funded accounts, and profit-split model across forex and other asset classes. Velotrade competes for the same trader audience but differentiates through crypto and multi-asset breadth plus AI-driven hedging.
• The5ers: The5ers offers funded forex trading accounts with both instant funding and challenge-based evaluation paths. Direct peer in the prop evaluation space with similar capital allocation model and trader-focused rules.
• Darwinex: Darwinex is an FCA-regulated broker and asset manager that allocates capital to verified traders through a proprietary risk model. Comparable to Velotrade's institutional hedging approach and trader-capital-partnership model, though more institutional in structure.
• FundedNext: FundedNext is a fast-growing prop trading firm offering challenge evaluations and funded accounts across multiple asset classes including crypto, forex, and indices. Directly comparable in product structure (multi-step challenges, profit splits) and target customer (retail and semi-pro traders seeking funded capital).
• OneUp Trader: OneUp Trader provides funded futures accounts through a single-step evaluation. Direct peer in the prop firm evaluation and funding model, primarily futures-focused but competing for the same trader audience seeking capital access.
• Bulenox: Bulenox is a futures prop firm offering funded accounts for traders who pass their evaluation. Direct peer in the prop trading evaluation space, primarily serving active day traders in CME futures markets.
• BrightFunded: BrightFunded is a crypto-focused prop trading firm offering funded accounts for digital asset traders. Direct peer explicitly named in Velotrade's own comparison blog content. Comparable in crypto prop offering and target audience.
• Surge Trading: Surge Trading is a prop trading firm offering funded accounts through evaluation. Direct peer with similar challenge-based model and target audience of retail traders seeking leveraged capital access.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/velotrade
• YouTubeyoutube.com/@velotrade-prop
• Facebookfacebook.com/velotrade.prop
• LinkedInlinkedin.com/company/velotrade
• Instagraminstagram.com/velotrade.prop

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Velotrade