Former institutional derivatives traders from JPMorgan, Dresden Bank, and Bank of America have officially launched their cryptocurrency (digital currency) funding trading platform, Velotrade. The platform aims to provide traders with trading accounts that can operate without their own capital, with account sizes ranging from $5,000 to $200,000, and offers competitive profit-sharing.
Velotrade is not merely a rebranding or business transformation; its founding team possesses decades of experience in capital markets, risk management, and fintech. Their previous venture, Velotrade Management Limited, is a fintech trade finance platform that has paid over $2.5 billion to clients worldwide since 2016. This fintech business will continue to operate as an independent entity, while its founding team and the Velotrade brand have been featured in major financial media outlets such as Bloomberg, Financial Times, Wall Street Journal, and Nasdaq.
The newly launched cryptocurrency funding trading platform is operated by Velotrade Re Limited, an independent company registered in Hong Kong in November 2025. The team's entry into the cryptocurrency funding trading market stems from a simple observation: most platforms currently available are not created by traders and do not adequately consider the needs of traders.
Velotrade disrupts the traditional funding trading model. Most platforms primarily generate revenue from challenge fees paid by traders, meaning the more times a trader fails, the higher the platform's earnings. Velotrade's business logic is entirely the opposite.
The platform utilizes institutional-grade liquidity channels and AI-driven hedging technology to mirror the positions of selected traders in the real market. When funded traders achieve profits, Velotrade benefits alongside them. The essence of this model is that Velotrade can only succeed if the traders succeed.
Unlike many platforms that simply replicate forex rules, Velotrade's trading rules are specifically tailored for cryptocurrency. Most platforms offering cryptocurrency trading were initially designed for the forex market, and their evaluation frameworks have carried over the logic of forex, such as tracking stop-losses calibrated based on point value volatility, consistency rules, weekend holding bans, and restrictive news trading periods. However, applying these rules to a 24/7 trading environment with distinctly different liquidity and volatility characteristics of cryptocurrency assets often leads to traders violating rules for reasons unrelated to their trading skills, ultimately resulting in account loss.
Velotrade has designed an evaluation framework for cryptocurrency trading from the ground up and offers two assessment modes:
- Two-Step Challenge Mode: Designed for traders seeking greater stop-loss space, with an overall stop-loss rate of 10% and a daily stop-loss rate of 5%.
- One-Step Challenge Mode: Provides a faster route to funding but with stricter parameters, featuring an overall stop-loss rate of 7% and a daily stop-loss rate of 4%.
Both modes operate on the DXtrade platform.
Velotrade focuses exclusively on cryptocurrency trading and does not offer other asset classes such as forex, indices, or stocks. The platform supports trading in various cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), with leverage of up to 6 times. This approach aims to concentrate resources and excel in a single asset class rather than hastily adding cryptocurrency functionalities to existing infrastructure.