Sway Funded vs TradeDay: Elite Prop Firms Comparison
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Introduction
Sway Funded and TradeDay represent two leading proprietary trading firms offering funded account programs to traders worldwide. Sway Funded stands out with its trader-friendly evaluation process and competitive profit splits, earning a respectable 4.6/5 on Trustpilot from over 780 reviews. TradeDay has quickly gained popularity for its innovative challenge-free direct funding options and sophisticated trading infrastructure, currently maintaining a 4.1/5 Trustpilot rating across 650+ reviews. Both platforms offer pathways to trade with significant capital without personal financial risk, though their approaches to evaluation and funding differ substantially.
Quick Facts
| Feature | Sway Funded | TradeDay |
|---|---|---|
| 
| |
| Founded | 2024-02 | — |
| Profit Split | 80-90% | 50/50 below $4,000; 80/20 above $4,000; 90/10 at Funded Live |
| Maximum Account Size | $200,000 | — |
| Evaluation Phases | 2 | 1 |
| Trustpilot Rating | — | 4.6 |
| Expert Grade | 8.1 | 8.9 |
Program Types
| Program | Sway Funded | TradeDay |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | Sway Funded | TradeDay |
|---|---|---|
| Profit Target | 10% p1, 5% p2 (Standard); 8% p1, 4% p2 (Professional) | $10,000 gross ceiling (Quick Pay) |
| Maximum Drawdown | 10-12% | $2,000/$3,000/$4,500 by account size; trailing, freezing at starting balance |
| Minimum Trading Days | 5 (challenge), 3 (verification) | 5 |
| News Trading | Yes | No |
Fees & Pricing
| Option | Sway Funded | TradeDay |
|---|---|---|
| CFD $10K Account | USD 66 / Listed challenge / One-time | Not offered |
| CFD $25K Account | USD 156 / Listed challenge / One-time | Not offered |
| CFD $50K Account | USD 289 / Listed challenge / One-time | Not offered |
| CFD $100K Account | USD 499 / Listed challenge / One-time | Not offered |
| CFD $200K Account | USD 849 / Listed challenge / One-time | Not offered |
| Futures $50K Account | Not offered | USD 125 / Quick Pay Intraday / Monthly |
| Futures $100K Account | Not offered | USD 230 / Quick Pay Intraday / Monthly |
| Futures $150K Account | Not offered | USD 350 / Quick Pay Intraday / Monthly |
| Coupons / Discount | Sway Funded discount | TradeDay discount |
Platforms & Markets
| Feature | Sway Funded | TradeDay |
|---|---|---|
| Trading Platforms | Liquid Charts, Liquid Charts Pro | — |
| Forex | Yes | No |
| Stocks | Yes | No |
| Indices | Yes | — |
| Commodities | Yes | No |
| Cryptocurrencies | Yes | No |
| Bonds | — | — |
| EA/Algo Trading | No | — |
Payout
| Feature | Sway Funded | TradeDay |
|---|---|---|
| Payout Terms | Bitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours) | Minimum $250 |
| See all prop firm payouts → | ||
Verdict
| Key Element | Sway Funded | TradeDay |
|---|---|---|
| Strengths | No trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countries | No daily drawdown, earned split, transparent pass rates (36%), trader-friendly consistency rule, Day One payouts |
| Weaknesses | Relatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated broker | $10,000 profit ceiling confiscates excess, 50/50 starting split, metals banned, Quick Pay converts to intraday when funded, monthly subscription model |
| Best For | Traders seeking flexible challenge formats with no time pressure | Futures traders avoiding daily loss limits; transparent disclosure valued |
Conclusion and Final Recommendation
Choose Sway Funded – Elite if you want a cheaper entry, from USD 66, news trading allowed and coverage of forex, stocks, commodities and cryptocurrencies that the other does not offer. Choose TradeDay if a shorter evaluation at 1 phase matters more to you. Neither firm is better in the abstract. The right choice depends on your strategy, your budget and the instruments you trade, so read both full reviews before you commit. Verify current rules and pricing on each firm’s own site before purchasing.
Frequently asked questions
What should I know about Sway Funded’s programs?
Sway Funded lists Rapid, Regular and Instant options and uses simulated accounts. Its challenge selector shows different targets and loss-limit configurations. Sway Funded official rules.
What should I know about TradeDay’s programs?
TradeDay offers a Make It Take It futures program with evaluation and Funded Sim stages. The published evaluation requires five trading days and a 30% consistency limit. TradeDay official rules.
How do payouts differ between Sway Funded and TradeDay?
Sway advertises rewards of up to 90% of simulated profits. The exact share and reward eligibility should be taken from the selected account configuration, rather than treating that maximum as every account’s starting share. Sway Funded official rules.
Make It Take It lists a $250 minimum request and eligibility from one funded trading day, subject to its rules. Its split is 50/50 below $4,000 net profit, 80/20 above $4,000 and 90/10 in Funded Live. TradeDay official rules.
Which account rules matter when comparing Sway Funded and TradeDay?
The displayed challenge has four minimum trading days and no overall time limit. Its configurable drawdown limits mean a headline maximum is not the loss allowance on every Sway account. Sway Funded official rules.
The selected evaluation can use end-of-day or intraday drawdown, while the displayed Funded Sim rules use intraday drawdown. Do not assume those stages have identical loss calculations. TradeDay official rules.
Is Sway Funded or TradeDay automatically the better choice?
No, neither is the default pick. Sway Funded – Elite has the cheaper entry at USD 66 and market access the other lacks, namely forex, stocks, commodities and cryptocurrencies, and TradeDay has the shorter evaluation at 1 phase. Which of those matters more depends on how you actually trade, so compare how each firm measures drawdown, the total fee once add-ons and resets are included and the evaluation objectives for the exact program you buy, rather than the headline numbers. If you fail an evaluation, do not assume either firm offers a fixed reset discount: check the reset terms for the specific account you bought.
How We Compared Sway Funded and TradeDay
Both firms on this page carry a JoinProp Rating out of 10. We produce that rating with the same 9-factor methodology we apply to every firm we review: payout reliability (20%), fee structure (15%), drawdown rules (15%), profit split (15%), evaluation terms (10%), trading rules (10%), support access and responsiveness (5%), scaling plan (5%), and track record and transparency (5%).
The inputs come from our firm reviews, not from this page. For each firm we work from the current terms and conditions rather than marketing pages, track rule and pricing changes over time, and read payout and support reports across Trustpilot, Reddit and Discord, looking for recurring patterns rather than isolated complaints. Every firm is re-checked at least every 90 days, or sooner after a material change. Affiliate relationships have no effect on any rating, and ratings are never sold.
The tables above show the evidence behind those factors. A few rows, including trading platforms, available instruments, maximum account size and demo availability, are there to help you judge fit and do not affect either rating.
Read our full ranking methodology
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