Velaris Markets offers simulated prop accounts up to…
By Binary News Network
AI summary of the source article
Velaris Markets launched a combined offering featuring MetaTrader 5 CFD brokerage accounts alongside simulated prop trading challenges up to $100,000. Traders passing evaluations receive funded simulated accounts and keep 80% of profits earned.
Why it matters
Director Yasen Dimitrov stated that running a brokerage and prop arm side by side allows the two to "reinforce each other and strengthen the brand."
Key facts
- Velaris Markets launched its MT5 brokerage and simulated prop trading challenges in July 2026.
- Prop challenges range from $2,500 to $100,000 with an 80% profit payout and fees starting at $29.
- The firm is incorporated in Saint Lucia and is not licensed by a financial regulator.
Source excerpt · FinanceFeeds
The two services share one brand but run on separate terms; the prop programme is an evaluation on simulated accounts, not a brokerage service. Castries, Saint Lucia, October, 2026 — Velaris Markets gives traders two distinct ways to reach the markets under a single brand. On the brokerage side, clients trade CFDs on forex, indices and commodities through MetaTrader 5. On the prop side, the firm r…