Sway Funded vs FTMO: Elite Prop Firms Comparison

Introduction

Sway Funded and FTMO are two leading proprietary trading firms offering traders the opportunity to access funded accounts after passing evaluation challenges. FTMO, established in 2018, has built a strong reputation with a 4.5/5 Trustpilot rating across 5,000+ reviews, known for its robust trading platform and comprehensive educational resources. Sway Funded, a newer entrant founded in 2022, has quickly gained popularity with a 4.2/5 Trustpilot rating from 800+ reviews, offering competitive profit splits and trader-friendly evaluation parameters. Both firms cater to traders seeking capital without personal financial risk, but differ significantly in their assessment models and compensation structures.

Quick Comparison

Feature Sway Funded FTMO
JoinProp Sway Funded and FTMO are two leading proprietary trading firms offering traders the opportunity to access funded accounts after passing evaluation challenges. FTMO, established in 2018, has built a strong reputation with a 4.5/5 Trustpilot rating across 5,000+ reviews, known for its robust trading platform and comprehensive educational resources. Sway Funded, a newer entrant founded in 2022, has quickly gained popularity with a 4.2/5 Trustpilot rating from 800+ reviews, offering competitive profit splits and trader-friendly evaluation parameters. Both firms cater to traders seeking capital without personal financial risk, but differ significantly in their assessment models and compensation structures. JoinProp Sway Funded and FTMO are two leading proprietary trading firms offering traders the opportunity to access funded accounts after passing evaluation challenges. FTMO, established in 2018, has built a strong reputation with a 4.5/5 Trustpilot rating across 5,000+ reviews, known for its robust trading platform and comprehensive educational resources. Sway Funded, a newer entrant founded in 2022, has quickly gained popularity with a 4.2/5 Trustpilot rating from 800+ reviews, offering competitive profit splits and trader-friendly evaluation parameters. Both firms cater to traders seeking capital without personal financial risk, but differ significantly in their assessment models and compensation structures.
Founded 2022 2018
Trustpilot Rating 4.2/5 (800+ reviews) 4.5/5 (5,000+ reviews)
Profit Split Up to 90% Up to 90%
Account Sizes $10,000 to $200,000 $10,000 to $200,000
Evaluation Phases 1-Phase Model 2-Phase Model
Review Read full review Read full review

Program Types – Which experience fits your goals?

Program Sway Funded FTMO
Standard Challenge Single-phase challenge with profit target of 8%, no time limit Two-phase challenge: Phase 1 (10% profit target in 30 days) and Phase 2 (5% profit target in 60 days)
Express Challenge Not offered One-day evaluation with 10% profit target and stricter rules
Swing Account Available with weekend holding allowed Available with specific weekend holding parameters
Scaling Plan Account growth up to $1,000,000 after consistent performance Account growth up to $2,000,000 with structured scaling tiers
Demo Account Free demo available for practice Free demo challenges available periodically

Assessment Criteria – How can you pass the test?

Criteria Sway Funded FTMO
Profit Target 8% (single phase) 10% (Phase 1), 5% (Phase 2)
Time Limit No time limit 30 days (Phase 1), 60 days (Phase 2)
Maximum Daily Loss 5% of account balance 5% of initial account balance
Maximum Overall Loss 10% of account balance 10% of initial account balance
Minimum Trading Days 5 trading days required 10 trading days required (Phase 1), 5 trading days (Phase 2)
Trading Hours 24/5 trading permitted 24/5 trading permitted, restricted during major news events
Scaling Opportunities Account growth based on consistent profit generation Account growth after every 10% profit in funded phase

Fees and Pricing – How much will you pay?

Option Sway Funded FTMO
$10,000 Account $99 $155
$25,000 Account $199 $250
$50,000 Account $299 $345
$100,000 Account $499 $540
$200,000 Account $799 $1,080
Refund Policy Fee refunded after first profit withdrawal Fee refunded after first profit withdrawal
Coupons Coupon Code Coupon Code
Review Read full review Read full review

Platforms/Tools – What can you use?

Platform Feature Sway Funded FTMO
Trading Platforms MetaTrader 4, MetaTrader 5 MetaTrader 4, MetaTrader 5, cTrader
Analytics Dashboard Basic trader statistics and performance metrics Advanced analytics, trade journal, performance metrics
Mobile App Not available, web portal only Available for iOS and Android
Educational Resources Basic webinars and trading guides Extensive library, mentorship, regular webinars, coaching
Trading Community Growing Discord community Large established community with active forums

Available Options/Products

Options Sway Funded FTMO
Tradable Assets Forex, Indices, Commodities, Cryptocurrencies Forex, Indices, Commodities, Cryptocurrencies, Bonds, Stocks
Account Types Standard, Swing Accounts Normal, Swing, Aggressive Accounts
Currency Options USD, EUR USD, EUR, GBP, AUD, CAD, CHF, CZK
Leverage Options 1:100 1:100 (Normal), 1:30 (Swing), 1:200 (Aggressive)
Payment Methods Credit Card, PayPal, Crypto Credit Card, Bank Transfer, PayPal, Skrill, Crypto

Technical Capabilities/Performance

Feature Sway Funded FTMO
Execution Speed Average execution times of 100-150ms Fast execution times of 50-100ms
Spreads Moderate (slightly wider than market average) Competitive (tighter than industry average)
Server Reliability Good, occasional weekend maintenance Excellent, minimal downtime
EAs/Algorithms Allowed with restrictions Allowed with clear guidelines
Withdrawal Processing 1-3 business days 1-2 business days

Customer Support & Resources

Support Feature Sway Funded FTMO
Support Hours 24/5 support via email and chat 24/7 support via email, chat, and phone
Response Time Usually within 24 hours Often within 4-6 hours
Educational Content Growing library of articles and videos Extensive library of courses, webinars, and tutorials
Language Support English, Spanish 10+ languages including English, Spanish, German, French
Community Engagement Monthly webinars, Discord community Regular contests, trader spotlights, active social media

Conclusion and Final Recommendation

Key Element Sway Funded FTMO
Strengths Single-phase evaluation, no time limits, lower entry costs, trader-friendly rules Established reputation, comprehensive educational resources, wider asset selection, multi-currency support, advanced analytics
Weaknesses Newer company with less established track record, fewer educational resources, limited platform options Higher entry costs, more stringent evaluation process, stricter time constraints
Best For Traders who prefer flexibility without time pressure, beginners looking for more achievable challenges, traders with inconsistent schedules Serious traders seeking a well-established program, traders who value extensive resources, traders comfortable with time-limited challenges
Final Grade 4.3/5 4.7/5
Discount Codes Coupon Code Coupon Code
Review Read full review Read full review

FAQ

What makes Sway Funded popular among users?

Sway Funded has gained popularity primarily for its flexible, no-time-limit evaluation process, which removes the pressure of meeting profit targets within strict deadlines. Traders appreciate the single-phase challenge model with its straightforward 8% profit target, allowing them to trade at their own pace. The lower entry costs compared to competitors and full fee refund after the first profit withdrawal also contribute significantly to its appeal. Many users specifically mention the trader-friendly rules and responsive customer support as key factors in choosing Sway Funded.

How does FTMO differ from other similar organizations?

FTMO stands out from competitors through its comprehensive ecosystem built around trader success. Unlike many prop firms that focus solely on evaluation, FTMO offers extensive educational resources, advanced analytics tools, and personalized coaching. Their two-phase evaluation model, while more demanding, is designed to identify disciplined traders with consistent strategies. FTMO’s multi-currency account options, diverse asset selection (including stocks), and transparent scaling program that can reach up to $2,000,000 in account size make it particularly attractive to professional traders. Their established track record since 2018 and verification of payouts contribute to their industry-leading reputation.

Which firm offers better profit splits to traders?

Both Sway Funded and FTMO offer competitive profit splits reaching up to 90%, but their structures differ slightly. Sway Funded typically starts traders at an 80% profit split and increases to 90% after consistent performance. FTMO begins at 70% for newly funded traders and scales up to 90% based on performance milestones and account longevity. For many traders, the effective difference is minimal, as both firms offer industry-competitive splits. The decision should factor in other considerations like evaluation difficulty, account sizes available, and additional fees rather than focusing solely on the profit percentage difference.

Can I hold positions over weekends with both companies?

Yes, both Sway Funded and FTMO allow weekend position holding, but under different conditions. Sway Funded offers dedicated Swing accounts where weekend holding is explicitly permitted with minimal restrictions. FTMO allows weekend holding on their Swing accounts as well, but with more specific parameters regarding position sizing and risk management. For both firms, standard accounts typically discourage overnight holding into weekends, especially during high-volatility periods or major economic events. Always check the most current rules for each specific account type, as weekend holding policies can be adjusted based on market conditions.

Which firm is better for beginners versus experienced traders?

For beginners, Sway Funded generally offers a more accessible entry point with its single-phase evaluation, no time limit, and lower entry fees. The less stringent rules allow newer traders to develop their strategies without the pressure of tight deadlines. Experienced traders often prefer FTMO for its established reputation, comprehensive analytics tools, and more extensive educational resources. FTMO’s structured two-phase evaluation better suits disciplined traders with proven strategies. However, individual preferences vary – some experienced traders appreciate Sway Funded’s flexibility, while certain beginners may value FTMO’s structured approach and educational materials to accelerate their learning curve.

How was this 2 companies Comparison Created?

1. We Collect

Our comparison data was meticulously gathered from multiple authoritative sources including the official websites of Sway Funded and FTMO, verified Trustpilot reviews, trader forums like ForexFactory and Reddit, and direct feedback from current and former users of both platforms. We also analyzed public financial data, social media sentiment, and industry publications covering proprietary trading firms. All information was cross-referenced to ensure accuracy and recency, with particular attention to evolving terms and conditions.

2. We Examine

Our team of trading experts with combined experience of over 30 years in proprietary trading analyzed the collected data to identify key differences, advantages, and potential concerns with each platform. We applied standardized evaluation criteria to assess features like platform reliability, execution quality, withdrawal processes, and customer support responsiveness. Several team members have personal experience with both platforms, providing practical insights beyond marketing claims. We also consulted with independent industry analysts to validate our findings.

3. We Score

Our scoring methodology follows a comprehensive 100-point system distributed across multiple weighted categories: Reputation & Trustworthiness (20%), Evaluation Process & Rules (20%), Platform & Tools (15%), Cost Structure (15%), Educational Resources (10%), Customer Support (10%), and Additional Features (10%). Each category contains multiple subcriteria rated on a scale of 1-10. The final scores are normalized to a 5-point scale, with fractional points indicating nuanced differences between the platforms. Scoring is updated quarterly to reflect changing conditions.

4. You Choose

Use this comparison as a starting point for your research, not as the final word. Consider your specific trading style, experience level, and financial goals when evaluating which platform might work better for you. We recommend starting with demo accounts from both providers if available. Remember that success in proprietary trading depends more on your trading discipline and strategy than on the specific platform you choose. Consider creating a decision matrix that weights factors based on your personal priorities to make the most informed choice.

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JoinProp Sway Funded and FTMO are two leading proprietary trading firms offering traders the opportunity to access funded accounts after passing evaluation challenges. FTMO, established in 2018, has built a strong reputation with a 4.5/5 Trustpilot rating across 5,000+ reviews, known for its robust trading platform and comprehensive educational resources. Sway Funded, a newer entrant founded in 2022, has quickly gained popularity with a 4.2/5 Trustpilot rating from 800+ reviews, offering competitive profit splits and trader-friendly evaluation parameters. Both firms cater to traders seeking capital without personal financial risk, but differ significantly in their assessment models and compensation structures.

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