Dynamic characteristics of a flow control valve, which plays an important role in thrust and O/F control of liquid rocket engines, have been analyzed by the AMESim simulator modeling. The speed control method was proposed for the control of the flow valve equipped with a BLDC motor. The experimental results demonstrated the feasibility of systematical application as well as the performance of the speed control method. Moreover, the speed control method for BLDC motor is much simpler than the P control method in complex flow systems. With the speed control method, the control flow characteristics were evaluated according to plunger shapes. Consequently, same plunger shape proved to be more efficient in the mixture ratio control operated by two flow valves. It was also shown that the appropriate modification of plunger shapes could reduce the mixture ratio perturbation by 0.5%.