Sway Funded vs Funded Trading Plus: Elite Prop Firms Comparison

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Introduction

Sway Funded and Funded Trading Plus stand as prominent proprietary trading firms in the industry, offering traders opportunities to access funded accounts after passing assessment phases. Sway Funded distinguishes itself with its straightforward evaluation process and competitive profit splits, with Trustpilot data not pinned in the JoinProp review (defer to direct check). Funded Trading Plus, established slightly earlier, offers flexible trading parameters and a comprehensive educational platform, maintaining a solid 4.4/5 Trustpilot rating from 2,646 reviews. Both platforms provide pathways to funded trading careers, though with distinct approaches to evaluation metrics and trader support.

FeatureSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
Sway Funded - Elite Funded Trading Plus - Elite Prop Company Review
Founded2024-022021
Profit Split80-90%80-100%
Maximum Account Size$200,000$200,000
Evaluation Phases22
Trustpilot Rating4.4
Expert Grade8.18.3
ProgramSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
Entry Level ProgramYesInstant Funding
Advanced ProgramYes2-Step Classic
Scaling OptionsYesYes
Demo AccountYes
CriteriaSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
Profit Target10% p1, 5% p2 (Standard); 8% p1, 4% p2 (Professional)7-10%
Maximum Drawdown10-12%6-8%
Minimum Trading Days5 (challenge), 3 (verification)0
News TradingYesYes
OptionSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
$10K AccountUSD 66 / Listed challenge / One-timeUSD 99 / Listed challenge / One-time
$25K AccountUSD 156 / Listed challenge / One-timeUSD 199 / Listed challenge / One-time
$50K AccountUSD 289 / Listed challenge / One-timeUSD 349 / Listed challenge / One-time
$100K AccountUSD 499 / Listed challenge / One-timeUSD 549 / Listed challenge / One-time
$200K AccountUSD 849 / Listed challenge / One-timeUSD 999 / Listed challenge / One-time
Coupons / DiscountSway Funded - Elite discountFunded Trading Plus - Elite Prop Company Review discount
FeatureSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
Trading PlatformsLiquid Charts, Liquid Charts ProMT5, cTrader, DXtrade, Match-Trader
ForexYesYes
StocksYesYes
IndicesYesYes
CommoditiesYesYes
CryptocurrenciesYesYes
BondsNo
EA/Algo TradingNocTrader only
FeatureSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
Payout TermsBitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours)Weekly or every 10 days, minimum $50
See all prop firm payouts →
Key ElementSway Funded - EliteFunded Trading Plus - Elite Prop Company Review
StrengthsNo trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countriesProfit splits up to 100%, No evaluation time limits, Fast payouts from Day 1, $19.5M+ paid to traders
WeaknessesRelatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated brokerHigher challenge fees vs competitors, No MT4 support, EAs limited to cTrader, High metal commissions
Best ForTraders seeking flexible challenge formats with no time pressureTraders seeking high profit splits and flexible evaluation timelines

FAQ

What makes Sway Funded popular among users?

Sway Funded has gained popularity primarily through its flexible Rapid (1-Step) and Instant (0-Step) options, which reduce or eliminate the multiple stages required by many competitors. Traders appreciate the straightforward 8-10% profit target (depending on Standard or Professional model) without complicated consistency rules, along with competitive profit splits of up to 90%. The absence of strict time limits also allows traders to progress at their own pace, reducing pressure during the evaluation period. These factors, combined with relatively lower entry fees, have contributed to Sway Funded’s strong reputation among experienced traders looking for an efficient path to funded trading.

How does Funded Trading Plus differ from other similar organizations?

Funded Trading Plus differentiates itself through its comprehensive trader development ecosystem rather than just providing funding. Their platform stands out with extensive educational resources, an active community, and multi-platform support including MetaTrader 5, cTrader, DXtrade, and Match-Trader (no MT4). Their FT+ 2.0 lineup covers Forex, Indices, Commodities, and Cryptocurrencies. Their structured scaling program with clear progression paths up to $2.5 million in simulated capital and their no-time-limits policy across all programs also set them apart from many alternatives in the proprietary trading firm space.

Which has better profit-sharing terms between Sway Funded and Funded Trading Plus?

Funded Trading Plus offers more favorable profit-sharing terms with up to 100% profit splits at higher scaling milestones. In comparison, Sway Funded caps profit splits at 90% (with add-on; 80% standard). Both firms increase profit splits as traders demonstrate consistency. Both start at 80% base, with Funded Trading Plus reaching 100% and Sway Funded reaching 90%. However, it’s important to consider that Funded Trading Plus may offer additional benefits like more comprehensive support and educational resources that might offset the slightly lower profit percentage for some traders.

Can I use EAs or algorithmic trading with both platforms?

Both platforms allow algorithmic trading and Expert Advisors (EAs), but with different restrictions. Sway Funded does not directly address EA support in its public rules, though martingale and grid trading strategies are explicitly prohibited. Funded Trading Plus permits EAs and automated trading only via the cTrader platform – automation is not supported on MT5, DXtrade, or Match-Trader. Neither platform permits pure arbitrage strategies or latency exploitation techniques. Traders serious about algorithmic trading should carefully review each platform’s specific EA policies before committing.

Which platform is better for beginner traders?

Funded Trading Plus is generally better suited for beginner traders due to its comprehensive educational resources, active community support, and more robust guidance system. Their extensive knowledge base, daily webinars, and inclusive coaching sessions provide valuable learning opportunities for those still developing their trading skills. In contrast, Sway Funded offers a more streamlined approach with fewer educational materials, making it better suited for traders who already have established strategies and experience. While Sway Funded’s Rapid (1-Step) or Instant (0-Step) options might seem simpler, beginners often benefit from the structured learning environment and clearer progression path that Funded Trading Plus provides.

How was this 2 companies Comparison Created?

1. We Collect

Our research team gathered comprehensive data from multiple sources to ensure accuracy and thoroughness. We analyzed official information from both Sway Funded and Funded Trading Plus websites, including their program structures, fee schedules, rules, and platform specifications. Additionally, we incorporated feedback from verified user reviews on Trustpilot, trading forums, and social media platforms. To provide balanced insights, we consulted with active traders who have experience with both platforms and industry experts who understand the nuances of proprietary trading firms.

2. We Examine

All collected information underwent a rigorous verification process by our team of experienced traders and financial analysts. We cross-referenced claims made by both companies against user experiences and industry standards. When discrepancies appeared, we conducted direct inquiries with company representatives to clarify policies. Our examination focused on practical usability aspects rather than just marketing claims, with particular attention to execution quality, platform stability, and actual profit withdrawal experiences reported by traders.

3. We Score

Our scoring methodology evaluates each platform across ten critical dimensions: evaluation structure, cost-to-value ratio, profit split terms, platform technology, trading conditions, educational resources, customer support, community features, scaling opportunities, and withdrawal efficiency. Each category receives a weighted score based on its importance to traders’ success. Final ratings incorporate both objective metrics (like execution speed and fee structures) and subjective elements (such as user interface quality and support responsiveness) to provide a balanced assessment that serves different trading styles and experience levels.

4. You Choose

This comparison serves as a comprehensive guide, but your ideal platform depends on your specific trading style, experience level, and priorities. Experienced traders seeking straightforward evaluation with higher profit splits might prefer Sway Funded, while those valuing educational resources and community support may find Funded Trading Plus more suitable. Consider your trading frequency, preferred instruments, and technology needs. Before committing, take advantage of any demo options and carefully review the specific rules of your chosen program. Remember that the best platform is ultimately the one that aligns with your personal trading journey and goals.

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JoinProp Sway Funded and Funded Trading Plus stand as prominent proprietary trading firms in the industry, offering traders opportunities to access funded accounts after passing assessment phases. Sway Funded distinguishes itself with its straightforward evaluation process and competitive profit splits, with Trustpilot data not pinned in the JoinProp review (defer to direct check). Funded Trading Plus, established slightly earlier, offers flexible trading parameters and a comprehensive educational platform, maintaining a solid 4.4/5 Trustpilot rating from 2,646 reviews. Both platforms provide pathways to funded trading careers, though with distinct approaches to evaluation metrics and trader support.