MyFundedPerps vs Velotrade: Crypto Specialist or Multi-Asset Generalist?

If you trade crypto perpetual futures for a living, the firm you choose shapes everything: the instruments you can trade, the hours you can work, and how fast your payouts land. MyFundedPerps and Velotrade both offer simulated funded accounts through an evaluation model, but they are built for very different traders.

Velotrade is a multi-asset generalist: crypto is one of five asset classes on its DXtrade platform, alongside forex, stocks, indices, and commodities. MyFundedPerps is a crypto perpetuals specialist, designed from the ground up for 24/7 markets with broad altcoin coverage.

Quick take: Velotrade is a credible multi-asset firm with on-chain payouts and flexible rules. But if crypto perpetuals are your primary market, MyFundedPerps is the sharper choice: a crypto-native platform, daily payouts with no consistency rule, and altcoin depth a generalist DXtrade setup is not built to match.

MyFundedPerps vs Velotrade at a glance

How MyFundedPerps works

MyFundedPerps is a crypto-native prop firm. You pass a one-step evaluation, receive a simulated funded account, and trade crypto perpetual futures on infrastructure built for that market, with 130 markets at launch in September 2026 spanning crypto, stocks, FX, indices, and commodities (launch-day figures; the live list may have changed since).

The differentiator is depth plus simplicity: three evaluation plans, all one-step, all with no time limit, no minimum trading days, and no consistency rule.

• Select: 9% profit target, 3% daily loss, 3% static max drawdown. Priced $40 / $100 / $190 / $360 list for $10K / $25K / $50K / $100K, or $32 / $80 / $152 / $288 with the PERPS launch code.
• Prime: 12% target, 3% daily loss, 5% static drawdown. Priced $60 / $160 / $300 / $595 list, or $48 / $128 / $240 / $476 with PERPS.
• Signature: 10% target, 3% daily loss, 6% static drawdown. Priced $90 / $225 / $430 / $870 list, or $72 / $180 / $344 / $696 with PERPS.

The PERPS code takes 20% off through the end of September 2026. All rule percentages are based on starting balance, and the drawdown is static: it never trails your equity highs. On your first funded withdrawal, the floor locks permanently to the starting balance, converting accumulated profit into a buffer you cannot breach below break-even.

Payouts are built for a crypto cadence: one request per account per day, a $100 minimum gross profit, delivery via Rise, no consistency rule, no payout count cap, and no lifetime cap. The split is 80% standard, with 90% available as a +20% checkout upgrade. Funded allocation scales to $300K total per trader, with a $100K cap per model type, so you can hold Select, Prime, and Signature accounts simultaneously.

Trading costs are explicit: 0.03% commission per side on crypto, an hourly swap fee of 0.03% per day on crypto notional, and a 0.1% liquidation penalty. News trading is fully allowed during evaluation; on funded accounts, a 4-minute restricted window applies around red-folder events.

MyFundedPerps comes from the team behind My Funded Futures, an established futures prop firm with a multi-year payout record across thousands of traders. In an industry where brands appear and disappear quickly, the payout discipline behind MyFundedPerps comes from a team that has already proven it can pay traders consistently at scale.

How Velotrade works

Velotrade, operated by Velotrade Re Limited and incorporated in Hong Kong, is a multi-asset prop firm on the DXtrade platform. A single account gives access to crypto, forex, stocks, indices, and commodities, genuine breadth for traders who rotate across markets.

Velotrade offers three evaluation tracks. Classic 1-Step runs a 10% profit target with a 4% daily loss limit and a 7% static drawdown. Classic 2-Step steps the target down from 10% to 5% with a 5% daily limit and a 10% static drawdown. Pro 1-Step is the tightest: a 10% target, 3% daily limit, and 3% static drawdown. Classic tracks top out at $100K; the $200K size is available only on Pro 1-Step.

The rule set is trader-friendly: no consistency rule, no maximum risk per trade, and news trading allowed. The split starts at 80% from day one with no time-based scaling, and 90% can be added at checkout for a 20% surcharge. Payouts are a real strength in transparency: the first arrives 14 days after the first funded trade, then weekly, with a $100 minimum and 24-hour processing, settling on-chain in USDC or USDT on Arbitrum with a public transaction hash, a level of transparency most firms do not offer.

Pricing with the AIRCON20 code runs from $32 for a $5K Pro 1-Step up to $891 for the $200K Pro. A $100K Classic 1-Step costs $860, versus $615 for Classic 2-Step and $446 for Pro 1-Step. One caveat: accounts auto-deactivate after 30 days of inactivity, and failure to reactivate within 6 months triggers a hard breach.

Key differences

Specialist vs multi-asset. Velotrade spreads its product across five asset classes on one DXtrade account. That is useful if you trade forex or indices alongside crypto, but it means crypto is a category, not the product. MyFundedPerps puts 100% of its platform, rules, and support behind perpetuals trading. For a perp trader, specialization is not a limitation; it is the point.

Altcoin depth and 24/7 design. Crypto never closes, and MyFundedPerps is engineered for that: broad altcoin perpetual coverage, leverage up to 10x on BTC and ETH and 8x on SOL, BNB, and XRP at launch (September 2026 figures, subject to change), and infrastructure that treats 3 a.m. Sunday volatility as normal. A multi-asset DXtrade setup is architected around markets that open and close, with crypto fitted in as one class among many.

Payout timing. Velotrade's first payout waits 14 days after your first funded trade, then moves to weekly. The on-chain settlement with a public transaction hash is legitimately strong. MyFundedPerps goes further on cadence: no first-payout waiting period, one request per day, a $100 minimum gross, no consistency rule, and no cap on payout count or lifetime total. Requests are reviewed manually and delivered via Rise.

Split add-on economics. Both firms use the same structure: 80% by default with a 90% upgrade costing an extra 20% at checkout. On Velotrade's $100K Classic 1-Step at $860, that add-on raises entry cost meaningfully. At MyFundedPerps, a $100K Select at $360 list ($288 with PERPS) leaves far more room for the upgrade, and the PERPS discount applies to it as well. The upgrade must be bought at checkout and cannot be added later, so decide before you pay.

Track restrictions at size. Velotrade's largest account, $200K, exists only on Pro 1-Step, its tightest rule set at 3% daily and 3% static drawdown, priced at $891 with the code. MyFundedPerps caps individual accounts at $100K but lets you scale across models: up to $300K total funded allocation, with $100K per model type, and original account sizes count toward the cap regardless of profit or withdrawals.

"A generalist platform gives you access to everything and depth in nothing. Perp traders do not need five asset classes; they need one market done properly, around the clock."

Which should you choose?

For crypto perpetuals traders, the verdict is MyFundedPerps. The entire product is built for your market: crypto-native design, 24/7 operation, broad altcoin coverage, daily payouts with no consistency rule, no evaluation time limit, and backing from the team behind My Funded Futures. Entry starts at $32 with the PERPS launch code, and US traders are supported; the restricted list covers 30 other countries, including the Philippines, Vietnam, Taiwan, Ukraine, and Kenya.

Velotrade is the honest fit in one clear scenario: you are a multi-asset trader who wants forex, indices, stocks, or commodities and crypto in a single account, and you value verifiable on-chain payouts with public transaction hashes. If that describes you, Velotrade's breadth and payout transparency are real advantages.

But if perpetuals are where you make your money, choose the firm that treats them as the whole product, not one tile on a dashboard.

Start Your MyFundedPerps Evaluation →

Frequently asked questions

Is Velotrade a legitimate prop firm?

Yes. Velotrade (Velotrade Re Limited, incorporated in Hong Kong) pays out on-chain in USDC or USDT on Arbitrum and publishes a public transaction hash per payout, strong evidence of a working payout process. This comparison is about fit, not legitimacy.

What is the main difference between MyFundedPerps and Velotrade?

Specialization. Velotrade is a multi-asset firm where crypto is one of five asset classes on DXtrade. MyFundedPerps is a crypto perpetuals specialist with 24/7 native design, 130 markets at launch, and broad altcoin coverage.

How do the profit splits compare?

Both firms pay 80% from day one with no time-based scaling, and both charge a +20% checkout add-on for 90%. The difference is entry cost: a $100K Select evaluation at MyFundedPerps is $360 list or $288 with PERPS, versus $860 for Velotrade's $100K Classic 1-Step.

How fast are payouts at each firm?

Velotrade's first payout arrives 14 days after your first funded trade, then weekly, with a $100 minimum and 24-hour processing. MyFundedPerps has no first-payout waiting period: one request per account per day, a $100 minimum gross profit, delivered via Rise after manual review.

Can I trade $200K in simulated capital at these firms?

At Velotrade, only on Pro 1-Step, its tightest track at 3% daily loss and 3% static drawdown; Classic tracks cap at $100K. MyFundedPerps sells $10K to $100K accounts and lets you scale to $300K total funded allocation across models, with $100K maximum per model type.

Is MyFundedPerps available in the US?

Yes. The United States is not restricted. MyFundedPerps restricts 30 countries, including the Philippines, Vietnam, Taiwan, Ukraine, and Kenya, among others, but US traders can sign up and trade normally.