Velotrade
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.
- Company typePrivate
- Founded2016
- HeadquartersCyberport, Hong Kong SAR China
- Headcount11–50
- GTM typeB2C
- OfferingServices
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.
Velotrade firmographics
Firmographics- 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
Velotrade industry classification
Industry- 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
Where Velotrade is headquartered
LocationHeadquarters
- HQ city
- Cyberport
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices2 records
Markets served
Velotrade business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | CLASSIC 1-Step - Single phase evaluation with faster qualification |
| One time/ perpetual license | Pay-as-you-go | CLASSIC 2-Step - Two phases with lower fees at every size |
| One time/ perpetual license | Pay-as-you-go | PRO 1-Step - Static drawdown available from $5K to $200K |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Velotrade product offering
Product offeringCore 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
Companies that use Velotrade
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Velotrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability3 records
Feature4 records
Velotrade partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- SUNRATEminorPartnership with SUNRATE to combine global payment rails and trade financing, helping importers and exporters streamline cross-border operations.
- Chang'an InkassominorStrategic partnership to expand cross-border e-commerce financing for SMEs across Greater China.
- MUFG BankcoreMUFG 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
Velotrade competitors and assessment
Company assessmentDirect 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
Velotrade social profiles
Digital presenceVelotrade compliance and trust
Trust signalCompliance1 record
Velotrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velotrade leadership team
Management profileNumber of profiles
Profiles4 records
Velotrade subsidiaries and ownership
Company hierarchySubsidiaries1 record
Velotrade funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velotrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velotrade
What does Velotrade do?
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.
Is Velotrade a public or private company?
Velotrade is a private company. It is classified as venture growth investor backed and is currently operating.
When was Velotrade founded?
Velotrade was founded in 2016. It employs 11 to 50 people.
Where is Velotrade based?
Velotrade is headquartered in Cyberport, Hong Kong SAR China, in the Asia region.
How does Velotrade make money?
Two revenue lines are on record. Challenge Evaluation Fees are the primary driver. The others are profit Split from Funded Accounts.
Who are Velotrade's main competitors?
Direct peers on record are MyFundedFX, TopStep, FTMO, The5ers, Darwinex, FundedNext, OneUp Trader, Bulenox, BrightFunded and Surge Trading.
Does Velotrade have an API?
Yes. Full programmatic API access enables traders to execute, modify, and cancel orders programmatically, stream live market data via WebSocket, and deploy algorithmic and quantitative trading systems without additional approval requirements. Available on all funded crypto trading accounts. No extra fee required. Developer documentation is at velotrade.com/api-access.
What industry is Velotrade in?
Velotrade's product category is Proprietary Trading Platform. Its primary akta.pro industry code is FSADAGAH, Cross-Margin, Portfolio Margin & Risk Engine Providers, with a secondary code of FSAHAHAC, Hedge Funds — Commodity Systematic/CTA (Managed Futures). Its NAICS code is 5231 and its SIC code is 6200.