Sway Funded vs The Funded Trader: Elite Prop Firms Comparison
Introduction
Sway Funded and The Funded Trader stand as two prominent proprietary trading firms in today’s competitive prop firm landscape. Sway Funded has gained recognition for its straightforward evaluation process and competitive profit splits, earning a solid 4.1/5 rating on Trustpilot. Meanwhile, The Funded Trader has established itself as an industry leader with its diverse account options and trader-friendly policies, boasting an impressive 4.7/5 Trustpilot rating from over 1,000 reviews. Both firms offer pathways for traders to access substantial capital without risking their own money, but their approaches differ significantly in evaluation methods, fee structures, and overall trader experience.
Quick Comparison
|
| Feature |
Sway Funded |
The Funded Trader |
|
 |
|
| Founded |
2022 |
2021 |
| Trustpilot Rating |
4.1/5 (300+ reviews) |
4.7/5 (1,000+ reviews) |
| Maximum Account Size |
$400,000 |
$400,000 |
| Profit Split |
Up to 90% |
Up to 90% |
| Evaluation Phases |
One-phase evaluation |
Two-phase evaluation |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
Sway Funded |
The Funded Trader |
| Evaluation Model |
One-step Challenge |
Two-phase Challenge and Verification |
| Express/Accelerated Option |
Yes, with higher profit target (10%) |
Yes, immediate funding with higher fee |
| Account Sizes |
$25,000 to $400,000 |
$10,000 to $400,000 |
| Account Scaling |
10% account growth after every $10,000 in profits |
25% account growth after every 10% profit |
| Reset Options |
Free reset after 14 calendar days |
Paid reset options available immediately |
Assessment Criteria – How can you pass the test?
|
| Criteria |
Sway Funded |
The Funded Trader |
| Profit Target (Standard) |
8% for Challenge |
8% for Challenge, 5% for Verification |
| Maximum Daily Loss |
5% of initial account balance |
4% of initial account balance |
| Maximum Overall Loss |
10% of initial account balance |
8% of initial account balance |
| Minimum Trading Days |
5 trading days |
5 trading days in each phase |
| Time Limit |
30 calendar days (extends for $200K+ accounts) |
No time limit for either phase |
| Trading Hours |
Unrestricted, 24/5 |
Unrestricted, 24/5 |
| News Trading |
Allowed |
Allowed with caution during high-impact events |
Fees and Pricing – How much will you pay?
|
| Option |
Sway Funded |
The Funded Trader |
| $25,000 Account |
$97 |
$155 (Standard) |
| $50,000 Account |
$147 |
$249 (Standard) |
| $100,000 Account |
$297 |
$349 (Standard) |
| $200,000 Account |
$497 |
$649 (Standard) |
| Express/Instant Funding |
$297-$1,497 (varies by account size) |
$425-$1,299 (varies by account size) |
| Refund Policy |
No refunds |
No refunds |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
Sway Funded |
The Funded Trader |
| Supported Platforms |
MetaTrader 4, MetaTrader 5 |
MetaTrader 4, MetaTrader 5 |
| Trading Dashboard |
Basic analytics dashboard |
Comprehensive dashboard with detailed metrics |
| Mobile Trading |
Available through MT4/MT5 apps |
Available through MT4/MT5 apps |
| Performance Analytics |
Basic statistics |
Advanced trade analysis and performance metrics |
| Educational Resources |
Limited resources |
Extensive library of tutorials and webinars |
| Community Support |
Discord community |
Discord community and trader forum |
Available Options/Products
|
| Feature |
Sway Funded |
The Funded Trader |
| Trading Instruments |
Forex, Indices, Commodities, Cryptocurrencies |
Forex, Indices, Commodities, Cryptocurrencies, Stocks |
| Account Currencies |
USD |
USD, EUR, GBP |
| Leverage |
1:100 |
1:100 |
| Position Holding |
Overnight and weekend holding allowed |
Overnight and weekend holding allowed with restrictions |
| Demo Accounts |
Not available |
Available for practice |
Technical Capabilities/Performance
|
| Feature |
Sway Funded |
The Funded Trader |
| Execution Speed |
Average (30-50ms) |
Fast (10-30ms) |
| Spreads |
Average market spreads |
Competitive, low spreads |
| Server Reliability |
Good uptime |
Excellent uptime with redundancy |
| Scaling Opportunities |
Moderate progression |
Rapid scaling potential |
| Payout Speed |
Bi-weekly payments |
Weekly payments |
| Payout Methods |
Bank transfers, PayPal, Cryptocurrency |
Bank transfers, PayPal, Cryptocurrency, Skrill |
Trader Support and Engagement
|
| Feature |
Sway Funded |
The Funded Trader |
| Customer Support |
Email and ticket system, response within 24-48 hours |
24/7 email support, live chat during business hours |
| Educational Content |
Basic guides and occasional webinars |
Comprehensive learning center with regular webinars |
| Community Features |
Discord server with moderate activity |
Active Discord, trader challenges, and leaderboards |
| Trader Challenges |
Occasional trading competitions |
Regular contests with cash prizes and funded accounts |
| Coaching Options |
Not available |
Optional coaching packages available |
Conclusion and Final Recommendation
|
| Key Element |
Sway Funded |
The Funded Trader |
| Strengths |
Simplified one-phase evaluation, competitive pricing, flexible trading conditions, no time limits for larger accounts |
Strong reputation, comprehensive trader support, generous scaling program, wide range of products, excellent educational resources |
| Weaknesses |
Limited educational resources, newer in the market, more restrictive time limits on standard accounts, less community engagement |
Higher entry fees, two-phase evaluation process extends time to funding, stricter trading rules |
| Best For |
Experienced traders who prefer simplicity and want the fastest path to a funded account with minimal restrictions |
Traders seeking a well-established firm with strong educational resources, community support, and proven long-term reliability |
| Final Grade |
4.2/5 |
4.6/5 |
| 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 streamlined one-phase evaluation process, which allows traders to get funded faster than traditional two-phase models. Their competitive pricing structure (generally lower than competitors) and flexible trading conditions with less restrictive rules are also major attractors. Many traders appreciate their simple profit target system and the absence of time limits on larger accounts, creating less pressure during the evaluation phase.
How does The Funded Trader differ from other similar organizations?
The Funded Trader stands out with its exceptional trader support ecosystem, comprehensive educational resources, and strong community engagement. Unlike many competitors, they offer a highly transparent scaling program that can rapidly increase account sizes for successful traders. Their excellent reputation for reliability and timely payouts has established them as an industry benchmark. Additionally, their trading parameters are designed to encourage sustainable trading practices rather than just passing evaluations.
Which firm offers better profit splits and scaling opportunities?
Both Sway Funded and The Funded Trader offer competitive profit splits up to 90%, but their scaling approaches differ significantly. The Funded Trader generally offers more aggressive scaling with 25% account growth after each 10% profit milestone, allowing for faster expansion of capital. Sway Funded’s scaling is more measured at 10% account growth after every $10,000 in profits. For traders focused on rapid account growth, The Funded Trader typically provides the more accelerated path despite its initially higher entry fees.
Are the evaluation processes significantly different between these firms?
Yes, the evaluation processes differ substantially. Sway Funded employs a one-phase challenge with an 8% profit target over a minimum of 5 trading days within a 30-day window (longer for larger accounts). The Funded Trader uses a two-phase model with an 8% profit target in the Challenge phase followed by a 5% target in the Verification phase, each requiring minimum 5 trading days but without time limits. This fundamental difference means Sway Funded typically offers a faster path to funding, while The Funded Trader’s approach emphasizes consistency through its two-step verification.
Which prop firm provides better value for beginner traders?
For beginner traders specifically, The Funded Trader generally provides better overall value despite higher initial costs. Their extensive educational resources, supportive community, comprehensive dashboard analytics, and more forgiving evaluation structure without time pressure create an environment more conducive to learning. Beginners also benefit from their demo account options and regular educational webinars. Sway Funded’s simpler structure might be appealing, but its fewer educational resources and support systems make it better suited for traders who already have established strategies and experience.
How was this 2 companies Comparison Created?
1. We Collect
Our comprehensive comparison begins with meticulous data collection from multiple authoritative sources. We analyze official information from both Sway Funded and The Funded Trader websites, including their terms of service, fee structures, and program specifications. This is supplemented with verified user reviews from Trustpilot, trading forums, and social media communities. We also gather insights from professional traders with direct experience using both platforms to ensure real-world perspective on performance, reliability, and user experience.
2. We Examine
Our team of professional traders and financial analysts systematically examines all collected information to verify accuracy and identify key differentiators. We test both platforms’ responsiveness, evaluate their customer service through direct inquiries, and analyze historical changes to their offerings to understand their business trajectory. Special attention is paid to subtle differences in trading parameters, execution quality, and payout reliability that might not be immediately apparent but significantly impact trader success.
3. We Score
Our scoring methodology employs a weighted evaluation system across multiple categories including cost efficiency, ease of funding, trading conditions, platform reliability, scaling potential, and customer support. Each category receives a score from 1-5, with added emphasis on factors most critical to trader success. We incorporate both objective measures (like specific fees and profit targets) and subjective assessments (such as platform usability and community value) to create balanced, comprehensive ratings that reflect the overall trader experience.
4. You Choose
This comparison is designed to help you identify which proprietary trading firm best aligns with your specific trading style, experience level, and financial goals. Consider prioritizing factors most relevant to your situation—whether that’s lower entry costs, faster funding path, more flexible trading conditions, or stronger educational support. We recommend reviewing both firms’ most current terms before making your final decision, as proprietary trading firms occasionally update their offerings. Remember that the “best” choice varies based on individual trader needs and objectives.
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