Day one
The entry experience differs significantly in cost and technical flexibility. Wall Street Funded presents a much lower barrier to entry across all its evaluation models. For a $100,000 account, their Ultra (2-step) challenge costs $509, whereas Velotrade’s Classic 2-step for the same size is $769.
Technical access is another immediate differentiator:
- Platforms: Wall Street Funded offers a broad suite including cTrader, MetaTrader 5, MatchTrader, and DXTrade. Velotrade is exclusive to DXTrade, though it provides a REST and WebSocket API for advanced users at no extra cost.
- Assets: Both cover Forex, Indices, and Commodities. Velotrade adds ETFs and a heavy focus on Stocks, while Wall Street Funded focuses on a more traditional prop firm asset list.
- Refunds: Wall Street Funded includes a fee refund with the second payout. Velotrade explicitly states no standard refunds once the platform is accessed.
The first months
Once the account is funded, the focus shifts to risk management and the first withdrawals. Velotrade uses a static drawdown model across all phases, which is generally more trader-friendly as it does not trail profits. Wall Street Funded uses static drawdown for its evaluation accounts but switches to trailing drawdown for its Instant accounts.
The path to the first payout involves different "consistency" hurdles:
- Velotrade Requirements: You must complete five qualifying days before the first payout. A qualifying day is defined as having a net realized profit of at least 0.8% of the starting balance.
- Wall Street Funded Requirements: They enforce a maximum winning day rule for Instant accounts (15% to 30% cap) and require a Stop Loss to be placed within two minutes of opening any trade.
- Payout Frequency: Velotrade allows weekly payouts after an initial 14-day period. Wall Street Funded varies between 5 to 10 days for subsequent payouts depending on the plan. Velotrade pays exclusively in Crypto (USDC/USDT via Arbitrum), while Wall Street Funded offers Crypto and Rise.
The first year
The growth potential over twelve months reveals a stark contrast between the two firms. Wall Street Funded is designed for aggressive capital expansion, whereas Velotrade currently lacks a structured scaling plan.
Wall Street Funded Scaling Plan:
- Requirements: Achieve a 15% profit over a 3-month period and complete 3 withdrawals.
- Reward: A 25% increase in the account balance.
- Profit Split: The split can scale up to 95%.
- Maximum Ceiling: Traders can reach up to $2,000,000 in total capital.
Velotrade Growth:
- Scaling: There is no published scaling plan. Increasing capital requires purchasing additional accounts.
- Allocation Limit: The maximum total allocation is capped at $200,000.
- Profit Split: Fixed at 80%, though a 90% upgrade can be purchased as an add-on at the start.
The ceiling
The "ceiling" represents the maximum potential of the partnership. Wall Street Funded offers a much higher terminal point for successful traders. With an initial allocation limit of $400,000 and a scaling path to $2M, it caters to those looking to manage institutional-sized retail accounts.
Velotrade, with its $200,000 cap and lack of merging or scaling features, functions more as a boutique environment. It is optimized for traders who prefer DXTrade’s interface and the transparency of public blockchain verification for payouts (Arbiscan), but it does not currently support the long-term compounding of a single account's balance.
Room to grow
Wall Street Funded offers a complete journey from a very affordable $2.5k account to a $2M portfolio, supported by multiple platform choices and a clear scaling roadmap. Its main friction points are the mandatory Stop Loss rule and the news trading restrictions on funded accounts.
Velotrade is a more specialized choice for the modern trader. While its capital ceiling is lower and its entry price higher, its static drawdown and lack of a "winning day" percentage cap provide a different kind of freedom. However, for a trader looking to spend a full year growing a single balance, Wall Street Funded provides the only viable internal path.
Frequently asked questions
Which firm is more affordable for a $100k challenge, Velotrade or Wall Street Funded?
Wall Street Funded is significantly more affordable. Their $100k 2-step (Ultra) challenge costs $509 and their 1-step (Classic) costs $579. In contrast, Velotrade charges $769 for a $100k 2-step and $1,075 for a $100k 1-step. Furthermore, Wall Street Funded offers a fee refund, which Velotrade does not.
What are the platform differences between Velotrade and Wall Street Funded?
Wall Street Funded provides a wide range of options including MetaTrader 5, cTrader, MatchTrader, and DXTrade. Velotrade is restricted to DXTrade only. However, Velotrade offers free REST and WebSocket API access for traders who want to build their own tools or connect external software, which is a rare feature in the industry.
Which firm has a higher capital limit for successful traders, Velotrade or Wall Street Funded?
Wall Street Funded has a much higher limit. They allow an initial allocation of up to $400,000 and a scaling plan that can take a trader up to $2,000,000. Velotrade limits the total allocation per trader to $200,000 and does not currently offer a scaling plan to increase the balance of existing accounts.
Are there stricter trading rules in Velotrade or Wall Street Funded?
Both have specific "consistency" hurdles but in different areas. Wall Street Funded requires a Stop Loss on every trade within 2 minutes and prohibits opening/closing trades during high-impact news (4-minute window). Velotrade allows news trading but requires "profitable days" (0.8% gain) to count towards payout eligibility and prohibits Martingale and Grid strategies.
