Velaris Markets Prop Firm Review — What You Need to Know in 2026
Velaris Markets is a proprietary trading firm backed by its own Forex and CFD brokerage, operating under the same legal entity, Velaris Markets Ltd. It offers up to $100,000 in simulated trading capital through a single-phase 1-Step Challenge, a two-phase 2-Step Challenge and a separate competition account. Both evaluation programmes operate on MetaTrader 5, use static drawdown and offer an 80% profit split with biweekly payouts.
Velaris Markets Best suited for:
- Traders who prefer static drawdown, a simple one-phase route, affordable entry from $29, up to $100,000 simulated capital, MT5, 80% profit split and biweekly payouts.
Pros of Velaris Markets
Pros
Static drawdown on both programmes- 80% profit split
- biweekly payouts
- affordable $2,500 entry tiers
- no time limits
- MT5 with EAs and hedging
- weekend holding during evaluations
- transparent rules and an integrated Smart Economic Calendar.
Cons
High-impact news restrictions- no copy trading on 1-Step and 2-Step
- mandatory stop loss within 120 seconds
- 1-Step fee is non-refundable
- MT5 is currently the only evaluation platform
- relatively new firm with a shorter public payout history.
How Does Velaris Markets Work? (Step-by-Step Guide)
- Choose 1 Step or 2 Step and an account size
- trade the simulated account against the target while respecting static drawdown
- place a stop loss within 120 seconds
- complete the required profitable days
- pass KYC
- then receive a funded simulated account on the same 80% split and biweekly payout schedule.
Velaris Markets Account Types & Funding Options
- 1 Step — one phase with a 10% target, 3% daily and 6% total static drawdown, up to 1: 100 leverage
- 2 Step — two phases with 8% then 5% targets, 5% daily and 10% total static drawdown, up to 1: 100 leverage
- Competition Account — contest entry on MetaTrader 5
- 1 Step fees: $2,500 $49, $5,000 $79, $10,000 $129, $25,000 $249
- 2 Step fees: $2,500 $29, $5,000 $49, $10,000 $79, $25,000 $189, $50,000 $299, $100,000 $549.
Profit Targets & Payouts
- 1 Step: 10% target, 3% daily and 6% total static drawdown. 2 Step: 8% Phase 1 and 5% Phase 2 targets, 5% daily and 10% total static drawdown. Single-trade limits are 1.5% in 1 Step and 2% then 1.5% in 2 Step, falling to 1% funded. Three profitable days of at least 0.50% are required in each evaluation phase. Profit split is 80%
- payouts are biweekly
- the 2 Step fee is refunded on payout and the 1 Step fee is not.
Leverage & Trading Conditions
- Leverage up to 1: 100
- static drawdown fixed from starting balance
- stop loss required within 120 seconds
- weekend holding and hedging enabled
- news trading disabled around major scheduled releases
- copy trading not permitted on 1-Step and 2-Step.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Expert advisors and automated strategies
- hedging
- weekend holding
- multi-day and intraday approaches within the static drawdown rules.
Restricted Trading Strategies
- News trading around restricted high-impact releases
- copy trading on 1-Step and 2-Step
- opening a position without a stop loss within 120 seconds
- breaching daily or total drawdown.
How Long Does It Take to Get Funded by Velaris Markets?
- 1 Step requires one phase and 2 Step requires two, with three profitable days in each evaluation phase. KYC is required before funded issuance. Funded accounts retain the 80% split and static drawdown. Payout requests are processed biweekly.
How Long Has Velaris Markets Been Around?
Velaris Markets Limited operates from Saint Lucia and launched in 2026. The evaluation programme is delivered through a dedicated prop portal, while the firm also operates a Forex and CFD brokerage brand.
Who Owns Velaris Markets? (Founder & Company Background)
Velaris Markets operates under Velaris Markets Limited in Saint Lucia and combines its Forex/CFD brokerage infrastructure with simulated proprietary trading evaluations.
What Can You Trade with Velaris Markets? (Supported Markets & Assets)
Forex, indices, commodities, precious metals and cryptocurrency CFDs through MT5 for the evaluation programmes.
Does Velaris Markets Offer Education & Trader Support? (Learning Resources & Coaching)
How Good is Velaris Markets’s Customer Support? (Response Time & Availability)
Support is available through the 24/7 AI live chat, 24/5 human support agents and support@velarismarkets.com.
Is Velaris Markets a Scam or a Legit Prop Firm?
Velaris Markets publishes clear evaluation rules and pricing. It is a young firm with a developing track record, so traders should verify current terms before purchasing.
User Reviews & Community Feedback on Velaris Markets
- The rules and pricing are publicly documented, but the firm is young and has a short independent review and payout history.
Alternatives to Velaris Markets – How It Compares
Final Verdict – Should You Trade with Velaris Markets?
Velaris Markets offers clearly defined 1-Step and 2-Step simulated challenges with static drawdowns, an 80% profit split, MT5 and biweekly payouts. It may suit disciplined traders who prefer a fixed loss floor, while its young operating history, news restrictions and limited review coverage warrant due diligence.
