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Velotrade
739 posts
Velotrade
@velotrade
Crypto prop firm for disciplined traders.
Clear rules. Fast payouts. No hidden traps.
Start your challenge ↓
- ⚽ Football isn't about opinions. It's about probabilities. The market has its view. The crowd has its view. What's yours? Predict the scores for the 5 upcoming matches. 🏆 $5,000 Account for each correct prediction 🏆 $25,000 Account for a perfect 5/5 Just like trading,
Made with AI - Funded trading income is taxable. Most funded traders haven't figured out how. Is it self-employment income? Capital gains? Both? It depends on your jurisdiction. We covered the key frameworks for US, UK, Australia, and Singapore — not advice, but a starting point before you
- "We want you to succeed" is something every prop firm says. Institutional hedging is the mechanism that makes that statement structurally true rather than just marketing.
- In a standard prop firm model: → You pay a challenge fee → You pass or fail → If you breach funded, the firm absorbs no real loss — capital was simulated → The firm profits from fees, resets, and traders who don't reach payout Your failure is good for their P&L.Replying to @velotradeThis is why "we want you to succeed" means something different depending on the firm. Some firms say it. Institutional hedging is the structure that makes it financially true. Velotrade uses this model.Full explanation of how institutional hedging works in crypto prop trading: velotrade.com/blog/instituti… #CryptoProp #PropTrading #FundedTrader
- Topstep doesn't list crypto among its supported instruments. If you trade BTC, ETH, or any crypto product, that ends the conversation — unless you're also open to futures markets. Honest review of who Topstep works for and who should look elsewhere:
- Topstep's challenge is called the Trading Combine. No two-phase evaluation — you pass the Combine, you get funded. The drawdown model is EOD trailing, which gives more flexibility than tick-by-tick for volatile sessions.
- Topstep is one of the longest-running prop firms. That matters. A firm with a track record of funded accounts and payouts over multiple years is a different risk profile from one that launched last month. But Topstep is a futures firm. This review is for traders asking the
- FTMO restricts news trading and weekend holding. If your strategy depends on either, that is a deal-breaker, not a minor consideration. The full review maps the rules clearly so you're not finding out after paying the fee:
- The 30% consistency rule. No single trading day can account for more than 30% of your total profit target. For a forex swing trader with steady 0.5–1% days, no issue. For a crypto trader with one 3% breakout session in an otherwise flat week, this can flag your account.Replying to @velotradeAlso: no news trading. No weekend holding. These aren't buried in the fine print — they're explicit rules. But traders still pay the fee without checking whether their strategy complies. Know before you pay.Full FTMO review — challenge structure, all rules, and who it actually suits: velotrade.com/blog/ftmo-revi… #FTMO #PropTrading #FundedTrader
- Some swing traders specifically need weekend holding as part of their strategy. Paying a challenge fee without confirming that rule precisely — not from a forum post — is one of the more avoidable mistakes in prop trading. Full list with conditions here:
- "Weekend holding allowed" in the rules doesn't always mean what it seems. If the drawdown is tick-by-tick, a Sunday night gap can move your floor before you can respond. The mechanic matters as much as the policy.
- Crypto doesn't close on Friday. But many prop firm rules restrict weekend holding — either explicitly or through drawdown mechanics that punish gaps on reopening. We listed which firms actually allow it and what the conditions are. velotrade.com/blog/crypto-pr…
