Goat Funded Trader vs Sway Funded - Prop Firm Comparison
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Introduction
When comparing prop trading firms, Goat Funded Trader and Sway Funded each offer distinct paths to funded trading. Goat Funded Trader is Spain-based, founded in February 2024, and is known for $1 challenge entry promos, Up to 100% profit split. It holds a Trustpilot rating that is not currently published. Sway Funded, based in Saint Lucia, was founded in 2024 and stands out for $10 entry – lowest in industry, Weekly payouts, holding a Trustpilot rating that is not currently published. Both firms provide paths to funded accounts, but their evaluation structures, pricing, and trader benefits differ in key ways that may suit different trader profiles.
Quick Facts
| Feature | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| 
| |
| Founded | 2022 | 2024-02 |
| Profit Split | 80-90%, scaling to 100% | 80-90% |
| Maximum Account Size | $400,000 | $200,000 |
| Evaluation Phases | 1-Step, 2-Step, 3-Step, Instant Funding, Goat $1 | 2 |
| Trustpilot Rating | — | — |
| Expert Grade | 8.2 | 8.1 |
Program Types
| Program | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| Entry Level Program | Goat $1 | Yes |
| Advanced Program | 1-Step | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | No | Yes |
Rules & Assessment
| Criteria | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| Profit Target | 10% (1-Step), 8%/5% (2-Step), 15% (Goat $1) | 10% p1, 5% p2 (Standard); 8% p1, 4% p2 (Professional) |
| Maximum Drawdown | 6% trailing (1-Step), 10% static (2-Step) | 10-12% |
| Minimum Trading Days | 3 | 5 (challenge), 3 (verification) |
| News Trading | Yes | Yes |
Fees & Pricing
| Option | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| $10K Account | USD 79 / Listed challenge / One-time | USD 66 / Listed challenge / One-time |
| $25K Account | USD 149 / Listed challenge / One-time | USD 156 / Listed challenge / One-time |
| $50K Account | USD 249 / Listed challenge / One-time | USD 289 / Listed challenge / One-time |
| $100K Account | USD 449 / Listed challenge / One-time | USD 499 / Listed challenge / One-time |
| $200K Account | USD 799 / Listed challenge / One-time | USD 849 / Listed challenge / One-time |
| Coupons / Discount | Goat Funded Trader discount | Sway Funded - Elite discount |
Platforms & Markets
| Feature | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| Trading Platforms | MetaTrader 5, TradeLocker, Match Trader | Liquid Charts, Liquid Charts Pro |
| Forex | Yes | Yes |
| Stocks | No | Yes |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | No | — |
| EA/Algo Trading | Yes | No |
Payout
| Feature | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| Payout Terms | Bi-weekly, 80-90% baseline scaling to 100% | Bitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours) |
| See all prop firm payouts → | ||
Verdict
| Key Element | Goat Funded Trader | Sway Funded - Elite |
|---|---|---|
| Strengths | Fast 24-hour payouts, No time limits, Swap-free Islamic accounts, Scaling to $2M, Low $1 entry point | No trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countries |
| Weaknesses | Limited backtesting, Higher initial payment, Dashboard glitches, Unregulated (Saint Lucia/Hong Kong) | Relatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated broker |
| Best For | Disciplined traders managing trailing drawdown risk; Islamic-compliant trading | Traders seeking flexible challenge formats with no time pressure |
FAQ
What makes Goat Funded Trader stand out among prop firms?
Goat Funded Trader, based in Spain, was founded in February 2024 and is best known for $1 challenge entry promos, up to 100% profit split. With a minimum evaluation cost of $1 (promo) and a 80–100% profit split, it offers a developing value proposition for cost-conscious traders seeking accessible entry.
How does Sway Funded differ from other prop firms?
Sway Funded, based in Saint Lucia and founded in 2024, differentiates itself through $10 entry – lowest in industry, Weekly payouts. With a 80–90% profit split and 2-Step, 1-Step, Instant evaluation, it is particularly suited to budget-conscious traders wanting low-cost entry.
Which firm offers better payouts – Goat Funded Trader or Sway Funded?
Goat Funded Trader offers a 80–100% profit split with Bi-weekly payouts processed in 1-2 days. Sway Funded offers a 80–90% profit split with Weekly payouts in 1-2 days. The better choice depends on whether you prioritise split percentage or payout frequency.
Are these prop firms suitable for beginners?
Both firms can accommodate beginners, but with different considerations. Goat Funded Trader is best suited to Cost-conscious traders seeking accessible entry, while Sway Funded is better aligned with budget-conscious traders wanting low-cost entry. New traders should start with the smallest available account size and thoroughly review all rules before committing.
What happens if I fail the evaluation at either firm?
Most prop firms allow traders to purchase a reset to restart their evaluation phase, typically at 40-50% of the original fee. Neither firm penalises future attempts based on previous failures. Check each firm’s official site for current reset pricing and terms.
How was this Comparison Created?
1. We Collect
Our research team gathered data directly from the official websites, terms of service documents, and public communications of both Goat Funded Trader and Sway Funded. We supplemented this with verified user reviews on Trustpilot and trading community forums, and consulted active traders with first-hand experience at each firm.
2. We Examine
Our team of professional traders verified all information, cross-checking accuracy against each firm’s current platform, evaluation parameters, and pricing pages. Special attention was paid to profit split structures, drawdown rules, and payout conditions to ensure our assessment reflects the real trader experience.
3. We Score
We apply a scoring methodology across seven key categories: evaluation structure, trading conditions, costs and fees, platform quality, profit potential, customer support, and educational resources. Each category is weighted by importance to traders at different experience levels.
4. You Choose
This comparison is designed to help you identify which firm better aligns with your trading style, experience level, and goals. Consider your priorities – evaluation flexibility, profit split, platform preference, and firm track record – then visit each firm’s full review on JoinProp for the complete picture. Read the Goat Funded Trader review or read the Sway Funded review to go deeper.
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