HQ St. Lucia
V Prop Trader Review 2026
V Prop Trader is a St. Lucia-based forex prop firm operated by Vebson Ltd., selling challenges for 6 years, rated 4.1/5 by our formula (#24 of 90) and 4.7/5 on Trustpilot from 27,943 reviews. It is best for traders who want a static (non-trailing) drawdown and skipping the evaluation with an instant account; skip it if you live in United States and Canada. We list 4 warnings about it below.
- Trader reviews
- 68
- Price per $10K
- 50
- Rules & drawdown
- 72
- Payouts & split
- 82
- Track record
- 100
- Platforms & programs
- 75
Best for traders who want a static (non-trailing) drawdown; skipping the evaluation with an instant account; a longer track record (6 years).
Skip if you live in United States and Canada.
⚠ Warnings we found
- Trustpilot: rating unavailable due to a breach of Trustpilot guidelines; Trustpilot notes it removed fake reviews (27,946 reviews listed, checked 2026-09-29)
- Securities Commission Malaysia Investor Alert List (2024): 'Vebson' (vebson.com) listed for carrying on unlicensed capital market activities of dealing in securities; Vebson Ltd. is the entity named in V Prop Trader's site footer. No entry for V Prop Trader itself; no MAS Investor Alert List entry for 'vprop' or 'vebson'
- App store listings (publisher PUREPLAY STUDIOS LLC, Wyoming) describe the app as simulated trading with 'educational' rewards and no real-money withdrawals, which conflicts with the website's paid profit-split model
- Rule texts conflict in places (hedging allowed in FAQ vs prohibited in T&C; Climber limits/sizes in T&C differ from the pricing cards)
Listed as found on September 29, 2026. These are facts from public sources, not a legal finding. Firms with open warnings are excluded from our beginner and most-established lists.
Score breakdown
V Prop Trader scores highest on track record and payouts & split, and lowest on price per $10k.
It ranks #24 of the 90 firms we track and #7 of 55 forex firms.
FAQ 'Who We Are' states the firm was founded in 2020 (year only); date is the incorporation date of VPROP TECHNOLOGY PTE. LTD. (Singapore UEN 202000897R, per sgpgrid.com ACRA data), the entity named in the app privacy policy. The contracting entity in the site footer, Vebson Ltd. (Saint Lucia 2023-00468), was registered in 2023.
Price vs the forex market
V Prop Trader's median price per $10K of funding is $74.95, cheaper than 54% of forex firms. The cheapest single account costs $12.99.
V Prop Trader challenges and prices
Price by account size
$2K 2-Step: targets and limits
| Account | Program | Price | Target | Daily | Max | Drawdown | Split |
|---|---|---|---|---|---|---|---|
| $1K | 1-Step1-Step | $12.99 | 10% | 4% | 6% | Static | 80% |
| $1K | InstantInstant | $12.99 | None | 3% | 5% | Static | 95% |
| $2K | 2-Step2-Step | $14.99 | 10% / 5% | 5% | 10% | Static | 80% |
| $2K | 1-Step1-Step | $25.99 | 10% | 4% | 6% | Static | 80% |
| $2K | InstantInstant | $25.99 | None | 3% | 5% | Static | 95% |
| $6K | 2-Step2-Step | $29.99 | 10% / 5% | 5% | 10% | Static | 80% |
| $6K | 2-StepClimber | $36.98 | 5% / 5% | 4% | 6% | Static | 80% |
| $6K | 1-Step1-Step | $47.99 | 10% | 4% | 6% | Static | 80% |
| $6K | InstantInstant | $47.99 | None | 3% | 5% | Static | 95% |
| $12K | 2-Step2-Step | $51.99 | 10% / 5% | 5% | 10% | Static | 80% |
Showing 10 of 21 accounts.
V Prop Trader rules
- Daily loss limit
- 3–5%
- Maximum loss
- 5–10%
- Drawdown model
- Static
- Profit target (phase 1)
- 5–10%
- Minimum trading days
- 2–7
- Consistency rule
- None on 71% of accounts
- Profit split
- 80–95%
- Payout frequency
- from bi-weekly
- Payout threshold
- $50
- Programs: 2-Step (10% then 5% target, 5% daily / 10% max loss), 1-Step (10% target, 4% / 6%), Instant funded (no target, 3% / 5%), Climber (pay-per-stage 2-step: Warm-Up 5% target with 20% / 40% limits, Step-Up 5% target with 5% / 10%, funded 4% / 6%).
- Loss limits are fixed percentages of the initial balance and include floating P/L; 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; 7 on Instant. No time limit on evaluations.
- Two funded account types: V Basic (1:100 leverage) and V Pro (1:30). Pro allows news trading and overnight/weekend holding on funded accounts; Basic funded accounts must not open/close trades 2 minutes around high-impact news and cannot hold overnight or over weekends (crypto excepted). Instant accounts: 10-minute news blackout and no weekend holding.
- News trading and weekend holding are allowed during evaluations.
- Crypto is traded without leverage. Funded lot caps: $5K 1 lot, $10K 2, $25K 5, $50K 10, $100K 20, $200K 40.
- Prohibited: gap trading, HFT, server spamming, latency/reverse arbitrage, tick scalping, toxic flow, opposite-account trading, copy trading and third-party account management. The program T&C also list hedging as prohibited, while the FAQ allows hedging inside one account (cross-account hedging banned).
- EAs: allowed on 1-Step and 2-Step; on Instant and Climber only for trade/risk management.
- Instant extras: max 1% floating loss per trade, 15% consistency score, first 3% profit kept as a buffer, at least 7 profitable days (>=0.25%) per 30-day cycle.
- Breached challenges can be reset for a fee; funded accounts cannot be reset. KYC required before funding.
- IP activity is monitored; unusual location changes may trigger verification (travel documents or live video). Multiple free accounts on one device can lead to rejected withdrawals.
| Asset | Instant | 1-Step | 2-Step |
|---|---|---|---|
| forex | — | 1:100 (V Basic) / 1:30 (V Pro) | 1:100 (V Basic) / 1:30 (V Pro) |
| Crypto | — | 1:1 | 1:1 |
Maximum leverage by asset and program.
Payouts and payments
- First payout request 14 days after the first trade on the funded account (FAQ says 14 calendar days after receiving it), then every 14 days.
- Split: 80% on 1-Step, 2-Step and Climber; 95% on Instant.
- Minimum withdrawal $50; no maximum published for paid accounts.
- All positions must be closed before requesting; requests are reviewed in 1-2 business days and credited to the in-app Wallet, from which USDT (TRC20) or local transfer withdrawals are made.
- Challenge fee refunded with the first payout on 1-Step and 2-Step, on reaching the funded stage for Climber; Instant fees are non-refundable.
- Instant payouts also need the 15% consistency score, the 3% profit buffer and largest loss not exceeding largest win; Climber payouts need largest losing day not exceeding largest winning day.
- Accounts are simulated (demo) with real profit-split payouts, per the FAQ.
Pay for a challenge
Receive payouts
Payout cycle
Requests from bi-weekly; split up to 95%.
Verified payout data from traders will appear here once our payout tracker launches.
Where V Prop Trader is available
V Prop Trader restricts 8 countries. Of the 20 markets we cover in detail, it accepts traders from 18 and blocks United States, Canada.
United States ✕
Canada ✕All restricted countries (8)
United StatesCanada
Israel
New Zealand
Iran
Russia
Myanmar
North KoreaPlatforms and markets
Platforms
Markets
Forex, indices, metals, commodities and cryptocurrencies as CFDs (site claims 1,000+ products, spreads from 0.0 pips). The homepage also lists Match-Trade, TradingView and cTrader as 'recommended platforms', but the account area only offers MT5 and Fortex. The price API exposes a second asset class for 2-Step with identical prices that is not shown on the site.
What traders say about V Prop Trader: real reviews and rating
- Replies to negative reviews
- 87.7% of 1,155
- Average reply time
- 6.7 days
- Profile claimed
- Apr 2025
- Invites customers to review
- Yes
80% of V Prop Trader's Trustpilot reviews are 5-star and 4% are 1-star. A low share of 1-star reviews compared with most prop firms. The company invites customers to leave reviews, which tends to lift the share of 5-star ratings.
Snapshot of the public Trustpilot page on 2026-09-29. We show ratings only, not review texts. Verified reviews from traders on this site are coming soon.
Pros and cons
Pros
- Profit split up to 95%
- Static drawdown on most accounts
- 3 program types (Instant, 1-Step, 2-Step)
- 6+ years in operation
Cons
- Payouts only every 14 days
V Prop Trader alternatives
Hola Prime
FundingPipsTrader reviews
No verified reviews yet. Reviews on this site require proof of purchase or payout. Submit yours.
How we reviewed V Prop Trader
We researched V Prop Trader by hand from its own pricing pages, terms and public records; every source is listed below. Trader ratings come from a public Trustpilot snapshot taken on September 29, 2026. Scores are calculated with the formula on our methodology page; affiliate commissions do not change them.
V Prop Trader FAQ
Is V Prop Trader legit?
V Prop Trader is operated by Vebson Ltd. (Saint Lucia) and has been selling challenges for about 6 years. It is rated 4.7/5 on Trustpilot from 27,943 reviews. We list 4 warnings about it on this page; read them before buying.
Does V Prop Trader pay out, and how fast?
V Prop Trader's rules allow payout requests every two weeks on its fastest accounts, with a profit split of up to 95% and a minimum payout from $50. Payout methods: Crypto (USDT TRC20) and Local bank transfer. We do not verify individual payouts; the trader reviews section shows what customers report.
Who owns V Prop Trader?
The company behind V Prop Trader is Vebson Ltd., registered in Saint Lucia.
Can US traders use V Prop Trader?
No. The United States is on V Prop Trader's restricted-country list.
What is the daily loss limit at V Prop Trader?
3–5% of the account, depending on the program; the maximum loss is 5–10% (static).
Does V Prop Trader have a consistency rule?
Yes, on 6 of its 21 accounts: the best day may not exceed 15% of total profit.
Sources
This dossier was researched from the firm's own pages and public records on September 29, 2026:
- vproptrader.com/home/main: Pricing cards (all programs, sizes, prices, limits, refund, split), footer legal entity, reg. no., phone, restricted countries, platforms
- api.vproptrader.com/vebson/ftmo/getAccountPrice: Price API behind the pricing cards: $ limits per phase, Climber step 1/step 2 fees, originalPrice reference
- vproptrader.com/faq/main: Rules FAQ: loss limits, targets, news/weekend rules, lot caps, payouts, min withdrawal, refunds, resets, founding year
- vproptrader.com/assets/js/main-BPCC8GVd.js: Program terms & conditions texts (Instant, 1-Step, 2-Step, Climber), V Basic/V Pro leverage, payment and withdrawal options
- vproptrader.com/resources/tnc/Free%201000%20Prop%20Account%20TnC.pdf: Free $1K challenge terms
- vebson.com/: Vebson LTD reg. no. 2023-00468, registered in Saint Lucia with office in Kenya
- pureplaystudiosllc.github.io/vproptrader/privacypolicy.html: App privacy policy naming VPROP TECHNOLOGY PTE. LTD. (Singapore)
- sgpgrid.com/company-details/smart-sail-technology-pte-ltd: VPROP TECHNOLOGY PTE. LTD. UEN and incorporation date (ACRA data aggregator)
- www.trustpilot.com/review/vproptrader.com: Review count; rating suspended notice
- www.sc.com.my/regulation/enforcement/investor-alerts/sc-investor-alert: Vebson entry on SC Malaysia Investor Alert List
- www.mas.gov.sg/investor-alert-list: No MAS alert for 'vprop' or 'vebson'
- apps.apple.com/us/app/vproptrader-prop-firm-app/id6749660179: App publisher and simulated-trading disclaimer
Data last checked September 29, 2026. Source: the firm's official website, terms and help centre, Trustpilot and company registers. Found an error? Tell us.