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V Prop Trader Review 2026, Our Verdict in Numbers

We score V Prop Trader 4.3/5, which puts it #7 of the 90 firms we rank; traders give it 4.7/5 on Trustpilot across 27,943 reviews. It is a St. Lucia-based forex prop firm, run by Vebson Ltd., and has sold challenges for 6 years. It ranks this high mainly on countries accepted, at 93/100. Its weakest criterion is cost, at 66/100. It stands out for a drawdown floor that stays put instead of trailing and starting funded without passing an evaluation. Pass on it if you are based in the United States or Canada. In Malaysia, the SC Investor Alert List (2024) names Vebson, the company that runs V Prop Trader. Read the 4 warnings we flag further down before paying.

By Editorial teamOfficial site checked List prices, no promo codes
Why pick it

a drawdown floor that stays put instead of trailing; starting funded without passing an evaluation; 6 years of operating history.

Look elsewhere if

you are based in the United States or Canada.

Where V Prop Trader stands out
80%
Share of 5★ reviews

across 27,943 Trustpilot reviews; the firm answers 88% of the negative ones

Wide country access84%

blocks fewer countries than 84% of tracked firms (8 on its list)

Top profit share95%
V Prop TraderTypical firm

its best split; the median across 90 firms is 80%

Cheap way to start$12.99

its lowest upfront price undercuts 81% of tracked firms

Entry price
$12.99
Sizes
$1K–$50K
Top split
95%
Payout cycle
Bi-weekly
Blocked countries
8
V Prop Trader4.3/5 · accounts from $12.99Open site

⚠ Regulator alert

In Malaysia, the SC Investor Alert List (2024) names Vebson, the company that runs V Prop Trader (listed as Vebson, vebson.com). Source: sc.com.my/regulation/enforcement/investor-alerts/sc-inves…

V Prop Trader stays in our ranking, marked ⚠ on that country page. If you trade from Malaysia, read our Malaysia page before you pay.

⚠ Red flags on record

  • Trustpilot hides the rating over a guidelines breach and notes it removed fake reviews. 27,946 reviews are listed (checked 2026-09-29)
  • The Securities Commission Malaysia Investor Alert List (2024) names 'Vebson' (vebson.com) for unlicensed capital market activities of dealing in securities. Vebson Ltd. is the entity in V Prop Trader's site footer. V Prop Trader itself has no entry. The MAS Investor Alert List has no entry for 'vprop' or 'vebson'
  • In the app stores, publisher PUREPLAY STUDIOS LLC (Wyoming) calls the app simulated trading with 'educational' rewards and no real-money withdrawals. That clashes with the paid profit-split model on the website
  • Some rule texts disagree. The FAQ allows hedging while the T&C ban it. Climber limits and sizes in the T&C also differ from the pricing cards

Recorded from public sources on October 5, 2026. They are reported facts, not a legal ruling. While a warning stays open, the firm is kept off our beginner and most-established lists.

How V Prop Trader scores

Countries accepted (30%)93/100Cost (20%)66/100Rules & drawdown (15%)72/100Payouts & split (15%)82/100Trader reviews (10%)68/100Ways to pay & get paid (5%)71/100Firm popularity (5%)65/100
4.3/5 overall, computed as 2 + 3 × the weighted mean of seven criteria (details in our methodology).

Its strongest criteria are countries accepted and payouts & split; its weakest is firm popularity.

That puts it #7 overall out of 90, and #7 among the 53 firms selling forex accounts.

Brand demand: people search Google for V Prop Trader about 35,050 times a month worldwide (Ahrefs data). ⓘ

The FAQ 'Who We Are' gives 2020 as the founding year, with no exact date. The date shown is when VPROP TECHNOLOGY PTE. LTD. was incorporated (Singapore UEN 202000897R, per sgpgrid.com ACRA data). That is the entity named in the app privacy policy. Vebson Ltd. (Saint Lucia 2023-00468), the contracting entity in the site footer, was registered in 2023.

How V Prop Trader prices compare with other forex firms

median $79.60 V Prop Trader · $74.95$44$156
Grey dots: each forex firm's median cost per $10K of buying power. Gold: V Prop Trader.

For each $10K of buying power, V Prop Trader charges a median of $74.95, which beats 57% of forex firms. Its cheapest account costs $12.99. Per $1K of maximum loss, one of the two inputs of our cost score, it charges $132 at the median, more than 62% of forex firms. The other input is the cheapest all-in way to get funded, $12.99.

V Prop Trader accounts and what they cost

Cost at each account size

$0$175$3511K2K6K12K25K50K2-Step1-StepInstant
Lowest list price for every size, split by program.

$2K 2-Step account drawn to scale

$2K+10% · $200−10% · $200daily −5%Phase 1+5% · $100−10% · $200daily −5%Phase 280% split−10% · $200daily −5%Funded
Green bars are the phase targets, red is the overall loss cap and the dashed line is the daily cap.
AccountProgramPriceTargetDailyMaxDrawdownSplit
$1K1-Step1-Step$12.9910%4%6%Static80%
$1KInstantInstant$12.99None3%5%Static95%
$2K2-Step2-Step$14.9910% / 5%5%10%Static80%
$2K1-Step1-Step$25.9910%4%6%Static80%
$2KInstantInstant$25.99None3%5%Static95%
$6K2-Step2-Step$29.9910% / 5%5%10%Static80%
$6K2-StepClimber$36.985% / 5%4%40% then 6%Static80%
$6K1-Step1-Step$47.9910%4%6%Static80%
$6KInstantInstant$47.99None3%5%Static95%
$12K2-Step2-Step$51.9910% / 5%5%10%Static80%

First 10 of 21 accounts shown.

Trading rules at V Prop Trader

Daily loss cap
3–5%
Overall loss cap
5–40% (on 4 multi-phase accounts: 40% in phase one, then 6%)
Drawdown type
Static
Phase 1 target
5–10%
Fewest trading days
2–7
Best-day cap
15% cap on 6 of 21 accounts; none on 15
Trader share
80–95%
Quickest payout cycle
Every 14 days
Smallest withdrawal
$50 or more
  • Four programs. 2-Step asks for 10% then 5%, with 5% daily and 10% max loss. 1-Step asks for 10%, with 4% / 6%. Instant funded has no target and 3% / 5% limits. Climber is a pay-per-stage 2-step. Warm-Up needs 5% with 20% / 40% limits and Step-Up needs 5% with 5% / 10%. Funded runs at 4% / 6%.
  • Loss limits are fixed percentages of the initial balance, and floating P/L counts. The daily limit resets at midnight platform time (GMT+2 / CE(S)T).
  • Minimum trading days: 4 per phase on 1-Step and 2-Step, 2 (Warm-Up) + 4 (Step-Up) on Climber, and 7 on Instant. Evaluations have no time limit.
  • Funded accounts come as V Basic with 1:100 leverage or V Pro with 1:30. Funded Pro accounts allow news trading and overnight or weekend holds. Funded Basic accounts cannot open or close trades within 2 minutes of high-impact news. They also cannot hold overnight or over weekends, crypto excepted. Instant accounts have a 10-minute news blackout and no weekend holding.
  • During evaluations you may trade the news and hold over weekends.
  • Crypto trades without leverage. Funded lot caps: $5K 1 lot, $10K 2, $25K 5, $50K 10, $100K 20, $200K 40.
  • Banned: gap trading, HFT, server spamming, latency or reverse arbitrage, tick scalping and toxic flow. Opposite-account trading, copy trading and third-party account management are banned too. The program T&C also ban hedging, yet the FAQ allows it inside one account and bans it across accounts.
  • EAs work on 1-Step and 2-Step. On Instant and Climber they are allowed only for trade or risk management.
  • Instant extras: each trade may float at most 1% in loss, and a 15% consistency score applies. The first 3% of profit stays as a buffer. You need at least 7 profitable days (>=0.25%) in each 30-day cycle.
  • A breached challenge can be reset for a fee, but funded accounts cannot be reset. KYC is required before funding.
  • The firm monitors IP activity. Odd location changes may trigger checks such as travel documents or a live video. Running several free accounts on one device can get withdrawals rejected.
AssetInstant1-Step2-Step
forex—1:100 (V Basic) / 1:30 (V Pro)1:100 (V Basic) / 1:30 (V Pro)
Crypto—1:11:1

Highest leverage per asset class and program.

Getting paid by V Prop Trader

V Prop Trader releases profit every 14 days on the 1-Step and 2-Step accounts, paying by Crypto (USDT TRC20) and Local bank transfer. The trader keeps up to 95%. The remaining programs pay as follows: Instant after 14 profitable days. Your first withdrawal unlocks after 14 days.

How often you get paid
Instant: after 14 profitable days · 1-Step: every 14 days · 2-Step: every 14 days
First withdrawal
After 14 days
Your profit share
80%–95%
Smallest withdrawal
$50
Paid out via
Crypto (USDT TRC20)Local bank transfer
Best-day cap
15% cap on 6 of 21 accounts; none on 15
Ways to buy a challenge
Crypto (USDT TRC20)JazzCashLocal transferWallet balance

Full payout terms

  • You can first request a payout 14 days after your first trade on the funded account, then every 14 days. The FAQ instead counts 14 calendar days from receiving the account.
  • Split: 95% on Instant, 80% on 1-Step, 2-Step and Climber.
  • Minimum withdrawal is $50. Paid accounts have no published maximum.
  • Close every position before you request. Reviews take 1-2 business days, and approved money lands in the in-app Wallet. From there you withdraw in USDT (TRC20) or by local transfer.
  • The challenge fee comes back with your first payout on 1-Step and 2-Step. Climber refunds it when you reach the funded stage. Instant fees are not refunded.
  • Instant payouts also need the 15% consistency score and the 3% profit buffer. Your largest loss cannot exceed your largest win. Climber payouts need your largest losing day to stay at or below your largest winning day.
  • Per the FAQ, accounts are simulated (demo), while profit-split payouts are real.

Countries V Prop Trader accepts and blocks

Traders from 18 of the 20 markets we profile can sign up with V Prop Trader; United States and Canada cannot. In total, 8 countries are on its blocked list.

India ✓United Kingdom ✓Nigeria ✓Pakistan ✓South Africa ✓Australia ✓United Arab Emirates ✓Kenya ✓Malaysia ✓Philippines ✓Indonesia ✓Germany ✓Singapore ✓Ghana ✓Bangladesh ✓Vietnam ✓Brazil ✓Turkey ✓United States ✕Canada ✕

Full blocked list (8)

United StatesCanadaIsraelNew ZealandIranRussiaMyanmarNorth Korea

What you can trade, and where

Trading platforms

MT5 Fortex 7 (web)

Instruments

FX Indices Metals Energy Crypto

Traded as: CFD.

CFDs on forex, indices, metals, commodities and cryptocurrencies. The site claims 1,000+ products and spreads from 0.0 pips. The homepage lists Match-Trade, TradingView and cTrader as 'recommended platforms', yet the account area offers only MT5 and Fortex. The price API also holds a second asset class for 2-Step, at identical prices, that the site does not show

V Prop Trader on Trustpilot: how traders rate it

Fake reviews flagged: Trustpilot reports that it found and deleted fake reviews on the V Prop Trader page and may hide the TrustScore. Read the figures below with care. In our score, this rating counts at half the normal weight.
TrustScore
4.7/5
27,943 reviews in total, 27,496 from the past year
Open the Trustpilot page ↗
Star distribution
5★
80%
4★
13%
3★
2%
2★
1%
1★
4%
V Prop Trader's response to reviews
Negative reviews answered
87.7% of 1,155
Typical response time
6.7 days
Claimed by the company
Apr 2025
Asks customers for reviews
Yes

On Trustpilot, V Prop Trader collects 80% five-star and 4% one-star ratings. That one-star share is low by prop firm standards. Because the firm actively asks customers for reviews, its five-star share is likely pushed up.

Figures taken from the public Trustpilot page on September 29, 2026. We display the ratings, never the review texts.

Traded with V Prop Trader? Email us your experience with a purchase or payout screenshot; the address is on our contact page. Verified reports help us keep this review accurate.

V Prop Trader: strengths and drawbacks

Strengths

  • You keep up to 95% of profits
  • A fixed, non-trailing floor on most accounts
  • Blocks just 8 countries, against 25 at the median firm
  • 5 asset classes, among them fx, indices, metals
  • Choice of 3 program types: Instant, 1-Step, 2-Step

Drawbacks

  • Quickest payout cycle is every 14 days, while 60% of tracked firms pay within 7 days

Firms similar to V Prop Trader

Hola Prime
rated 4.1 · from $39 · $77.40 per $10K
FXIFY
rated 4.1 · from $19 · $75.80 per $10K
The5ers
rated 4.3 · from $22 · $65.80 per $10K
Fintokei
rated 4.0 · from $44 · $72 per $10K

Our method for this V Prop Trader review

This review was built by hand from V Prop Trader's pricing pages, legal terms and public records, and the 12 pages we used are listed under "Where our facts come from". The trader rating is a Trustpilot snapshot from September 29, 2026. The score follows the formula on our methodology page, and affiliate payments never move it.

Questions traders ask about V Prop Trader

Is V Prop Trader a legitimate prop firm?

V Prop Trader belongs to Vebson Ltd. (Saint Lucia), and it has sold evaluations for roughly 6 years. Trustpilot users give it 4.7/5 across 27,943 reviews. Go through the 4 warnings on this page before you pay.

How fast does V Prop Trader pay out?

On its quickest accounts, V Prop Trader pays every 14 days and lets you keep up to 95% of the profit; withdrawals start at $50. Money goes out by Crypto (USDT TRC20) and Local bank transfer. For customer experience with payouts, see the Trustpilot breakdown above.

Who owns V Prop Trader?

V Prop Trader is run by Vebson Ltd., a company registered in Saint Lucia.

Does V Prop Trader accept US traders?

No. V Prop Trader puts the United States on its blocked-country list.

What daily drawdown does V Prop Trader allow?

The daily cap is 3–5% of the account, set by the program you pick. Over the life of the account you can lose 5–40%, tracked as static drawdown. On 4 multi-phase accounts the cap is 40% in phase one, then 6%.

Is there a consistency rule at V Prop Trader?

6 of its 21 accounts cap your best day at 15% of total profit. 15 accounts have no such cap.

Where our facts come from

Pages and records we consulted on September 29, 2026:

Last data check: October 5, 2026. Based on the firm's own website, terms and help centre, plus Trustpilot and company registers. Spotted a mistake? Let us know.