Sway Funded vs Funding Traders: Elite Prop Firms Comparison
Published: · Last updated:
By JoinProp
Introduction
Sway Funded and Funding Traders stand as prominent players in the proprietary trading firm industry, offering traders opportunities to access funded accounts. Sway Funded distinguishes itself through its straightforward evaluation process and competitive profit splits, earning a solid 4.1/5 rating on Trustpilot. Meanwhile, Funding Traders has gained recognition for its multiple account size options and relatively forgiving trading parameters, maintaining a respectable 3.9/5 Trustpilot rating. Both firms provide pathways for traders to demonstrate their skills and potentially secure significant funding, though their approaches differ in several key aspects.
Quick Facts
| Feature | Sway Funded | Funding Traders |
|---|---|---|
| 
| |
| Founded | 2024-02 | 2019 |
| Profit Split | The Programmes — Regular (2-phase): 80% The Programmes — Rapid (1-phase): 80% The Programmes — Instant: 55–75% only | The Product Line — 1-Step PRO: 90% The Product Line — 2-Step PRO6: 80% The Product Line — 2-Step PRO10: 80% The Product Line — Instant Funded: 90% Payouts: 80% (2-Step) or 90% (1-Step, Instant); 100% as a paid add-on |
| Maximum Account Size | $200,000 | $400,000 |
| Evaluation Phases | 2 | 1-Step PRO: 1; 2-Step PRO6/PRO10: 2; Instant: none |
| Trustpilot Rating | — | — |
| Expert Grade | 8.1 | 8.5 |
Program Types
| Program | Sway Funded | Funding Traders |
|---|---|---|
| Entry Level Program | Yes | 1-Step PRO / 2-Step PRO6 / PRO10 |
| Advanced Program | Yes | Instant Funding |
| Scaling Options | Yes | Published funded allocation caps: PRO $300k; Instant $400k. Legacy Next-Gen $500k is separate. |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | Sway Funded | Funding Traders |
|---|---|---|
| Profit Target | The Programmes — Regular (2-phase): 10% then 8% The Programmes — Rapid (1-phase): 15% The Programmes — Instant: 8 / 12 / 16% step targets | The Product Line — 1-Step PRO: 10% The Product Line — 2-Step PRO6: 6% then 6% The Product Line — 2-Step PRO10: 10% then 5% The Product Line — Instant Funded: None |
| Maximum Drawdown | The Programmes — Regular (2-phase): 10% (20%) The Programmes — Rapid (1-phase): 10% (20%) The Programmes — Instant: 8% | The Product Line — 1-Step PRO: 10% The Product Line — 2-Step PRO6: 6% The Product Line — 2-Step PRO10: 10% The Product Line — Instant Funded: 6% |
| Minimum Trading Days | The Programmes — Regular (2-phase): 12 total The Programmes — Rapid (1-phase): 8 The Programmes — Instant: 8 | 2-Step: 4 per phase + 2 funded; 1-Step: 2 evaluation + 2 funded; Instant: 5 profitable 0.25% days per 30-day period |
| News Trading | Yes | PRO evaluation allowed; funded 30% news-profit cap. Instant restricted; help/terms conflict on window and holding add-on. |
| Daily Loss Limit | The Programmes — Regular (2-phase): 5% (10% with add-on) The Programmes — Rapid (1-phase): 5% (10%) The Programmes — Instant: 3% | The Product Line — 1-Step PRO: 3% The Product Line — 2-Step PRO6: 3% The Product Line — 2-Step PRO10: 5% The Product Line — Instant Funded: 3% |
| Drawdown Type | — | The Product Line — 1-Step PRO: Trailing - never locks The Product Line — 2-Step PRO6: Static The Product Line — 2-Step PRO10: Static The Product Line — Instant Funded: Trailing until +3%, then locks |
| Consistency / Best Day Rule | The Programmes — Regular (2-phase): None The Programmes — Rapid (1-phase): None The Programmes — Instant: 20% | — |
Fees & Pricing
| Option | Sway Funded | Funding Traders |
|---|---|---|
| CFD $10K Account | Listed challenge / USD 66 / One-time | Listed challenge / USD 119 / One-time |
| CFD $25K Account | Listed challenge / USD 156 / One-time | Listed challenge / USD 229 / One-time |
| CFD $50K Account | Listed challenge / USD 289 / One-time | Listed challenge / USD 339 / One-time |
| CFD $100K Account | Listed challenge / USD 499 / One-time | Listed challenge / USD 599 / One-time |
| CFD $200K Account | Listed challenge / USD 849 / One-time | Listed challenge / USD 999 / One-time |
| Refund Policy | Refundable challenge fees upon first profit withdrawal | Eligible evaluation fee bonus: first payout before 8 May 2026 purchases, second from that date; Instant excluded |
| Coupons / Discount | Sway Funded discount | Funding Traders discount |
Platforms & Markets
| Feature | Sway Funded | Funding Traders |
|---|---|---|
| Trading Platforms | Sway Charts, Sway Charts Pro, Liquid Charts, Liquid Charts Pro | TradeLocker, MetaTrader 5 |
| Forex | Yes | Yes |
| Stocks | Yes | No |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Cryptocurrencies | Yes | Yes |
| Bonds | — | — |
| EA/Algo Trading | No | Risk-management tools allowed; personally developed EAs conditional in help, Risk Team exception required by terms |
Payout
| Feature | Sway Funded | Funding Traders |
|---|---|---|
| Payout Terms | Bitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours) | PRO 21 days (14-day add-on); Instant help 7 days versus terms 14, confirm. Rise $200; USDT ERC20 $50 if Rise unavailable; 24-48 hours excluding weekends. Instant additional cushion/profit/consistency gates. |
| See all prop firm payouts → | ||
Verdict
| Key Element | Sway Funded | Funding Traders |
|---|---|---|
| Strengths | No trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countries | Static 2-Step drawdown; no evaluation deadline; MT5/TradeLocker; published Discipline tracking |
| Weaknesses | Relatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated broker | Conflicting help/terms; Instant 15% and 1-Step 50% consistency; risk-tier split reductions; Instant profitable-day and cushion requirements |
| Best For | Traders seeking flexible challenge formats with no time pressure | Traders who can follow aggregated risk limits and product-specific payout gates |
Conclusion and Final Recommendation
Choose Sway Funded – Elite if you want a cheaper entry, from USD 66 and coverage of stocks that the other does not offer. Choose Funding Traders – Elite Firm Review if a larger funded ceiling at $1M 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 Funding Traders’s programs?
FundingTraders has separate Pro and Instant programs. Its 2-Step Pro account has two evaluation phases and program-specific payout terms. Funding Traders official rules; Funding Traders official program information.
How do payouts differ between Sway Funded and Funding Traders?
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.
The 2-Step Pro guide lists an 80% default share with optional 90% or 100% upgrades. The first payout is normally available 21 days after the first funded trade; the 14-day add-on changes that schedule. Funding Traders official rules; Funding Traders official program information.
Which account rules matter when comparing Sway Funded and Funding Traders?
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.
For 2-Step Pro purchases on or after May 8, 2026, the evaluation-fee refund is tied to the second qualifying payout, rather than simply passing the evaluation. Risk-management violations can also affect rewards. Funding Traders official rules; Funding Traders official program information.
Is Sway Funded or Funding Traders 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 stocks, and Funding Traders – Elite Firm Review has the larger funded ceiling at $1M. 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 platform availability, 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 Funding Traders
Both firms carry a JoinProp Rating out of 10, scored on the same nine weighted factors, led by payout reliability at 20%, then fee structure, drawdown rules and profit split at 15% each. The scores come from our own firm reviews, built from each firm’s current terms rather than its marketing pages and re-checked at least every 90 days. Affiliate relationships have no effect on any rating, and ratings are never sold. The tables above are the evidence behind those scores. Read our full ranking methodology.
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