Time limits
Neither firm allows you to disappear; both impose a 30-day inactivity rule that forces you to place a trade even if the market offers no setups. However, the pressure is different:
- FTMO: While they no longer have a maximum trading day limit, their 2-step accounts require at least 4 minimum trading days. This prevents you from getting funded instantly even if you hit the target in one hour.
- Velotrade: They impose a much stricter barrier. You cannot just trade; you must have at least 5 qualifying profitable days per phase. A day only counts if you realize a net profit of at least 0.8% of the starting balance. This effectively prohibits "flipping" a challenge quickly or using micro-lots to pass time.
Weekends and news
Trading around high-volatility events or market closes is heavily restricted:
- FTMO: In "Standard" accounts, you are forbidden from opening or closing trades 2 minutes before and 2 minutes after major news releases. Furthermore, funded "Standard" traders cannot hold positions over the weekend, forcing you to exit trades even if your long-term analysis remains valid.
- Velotrade: While they are more lenient with macro news, they impose a 24-hour blackout period for single stocks around earnings reports and ex-dividend dates. You are also restricted from trading during corporate actions.
Where you can trade from
Geography is a major barrier for one of these firms:
- FTMO: They have an extensive list of over 70 banned countries, including India, Indonesia, Kazakhstan, Russia, and Vietnam. If you reside in any of these territories, you are completely barred from their services.
- Velotrade: Their restrictions are much more limited, focusing only on high-risk jurisdictions like North Korea, Iran, Syria, and specific regions of Ukraine (Crimea, Donetsk, Luhansk).
What the platform limits
The technical environment dictates how you can execute your strategy:
- FTMO: They restrict certain aggressive behaviors like "Account Rolling" and one-sided bets. Their "Standard" account is the most restrictive regarding execution style.
- Velotrade: You are locked into a single platform: DXtrade. You cannot use MetaTrader 4 or 5. If you use EAs, you cannot use private or bespoke signals, and any MetaTrader-based bot will require a bridge or manual adaptation. They also explicitly prohibit Martingale and Grid strategies, closing the door on many popular automated styles.
What the rules cost you
The financial restrictions determine how much of your profit you actually keep and how many "lives" you have:
- FTMO: On 1-step and Instant accounts, you are limited by a trailing drawdown, which means your "floor" moves up with your equity or balance, giving you less room as you profit.
- Velotrade: They impose a significant financial ceiling: your first and second withdrawals are capped at 20 times the challenge fee. Any profit above that amount is forfeited. Additionally, they do not refund the challenge fee upon passing, unlike FTMO's 2-step accounts. Payouts are also limited to Crypto only, excluding those who prefer bank transfers or PayPal.
Restrictions that add up
The combined effect of these rules creates a specific "trap" for the trader. At FTMO, the 30-day inactivity rule combined with the news and weekend restrictions on Standard accounts means you are forced to be active but penalized if that activity coincides with high-impact events. You are essentially paying for a "Swing" account if you want the freedom to hold trades.
At Velotrade, the combination of the 0.8% minimum profitable day rule and the 20x payout cap on the first two withdrawals means you are forced to trade with high precision to pass, but then you are strictly limited on how much you can actually take home. You cannot "hit a home run" early on; the firm forces you into a slow-play scenario where your initial risk is never fully rewarded until the third payout.
Frequently asked questions
Which firm is cheaper to start a $10,000 account, FTMO or Velotrade?
Velotrade is cheaper for a 1-step challenge, offering their "PRO" 1-step 10k account for $74, whereas FTMO charges €79 (approx. $85) for their 1-step 10k account. If you prefer a 2-step evaluation, Velotrade's "Classic" is $100 compared to FTMO's €89 (approx. $96).
Between FTMO and Velotrade, which one allows more payout methods?
FTMO offers more variety, allowing withdrawals via Bank Transfer and PayPal. In contrast, Velotrade restricts all payouts to Crypto (USDC or USDT on Arbitrum), meaning you cannot receive funds directly into a traditional bank account or digital wallet like PayPal.
Which firm restricts news trading more, FTMO or Velotrade?
FTMO has stricter general news restrictions, as their "Standard" accounts prohibit any execution (opening or closing) within a 4-minute window around major announcements. Velotrade allows macro news trading but imposes a much longer 48-hour restriction window (24h before and 24h after) specifically for single stocks during earnings or dividend events.
Who has more platform options for trading, FTMO or Velotrade?
FTMO is significantly more flexible, offering MetaTrader 4, MetaTrader 5, cTrader, DXTrade, and TradingView. Velotrade provides zero choice, limiting all traders exclusively to the DXTrade platform, which may require users to adapt or bridge their existing automated tools.























