Sway Funded vs TradeDay: Elite Prop Firms Comparison
Published: · Last updated:
By JoinProp
Introduction
Sway Funded and TradeDay represent two leading proprietary trading firms offering funded account programs to traders worldwide. Sway Funded stands out with its trader-friendly evaluation process and competitive profit splits, earning a respectable 4.6/5 on Trustpilot from over 780 reviews. TradeDay has quickly gained popularity for its innovative challenge-free direct funding options and sophisticated trading infrastructure, currently maintaining a 4.1/5 Trustpilot rating across 650+ reviews. Both platforms offer pathways to trade with significant capital without personal financial risk, though their approaches to evaluation and funding differ substantially.
Quick Facts
| Feature | Sway Funded | TradeDay |
|---|---|---|
| 
| |
| Founded | 2024-02 | — |
| Profit Split | The Programmes — Regular (2-phase): 80% The Programmes — Rapid (1-phase): 80% The Programmes — Instant: 55–75% only | Quick Pay Sim: 50%/80% by portion around $4,000 current profit; Fast Pass Sim: 80%; Live: 90% eligible profits, Quick Pay buffer portion 50% |
| Maximum Account Size | $200,000 | — |
| Evaluation Phases | 2 | 1 |
| Trustpilot Rating | — | 4.6 |
| Expert Grade | 8.1 | 8.9 |
Program Types
| Program | Sway Funded | TradeDay |
|---|---|---|
| Entry Level Program | Yes | Yes |
| Advanced Program | Yes | Yes |
| Scaling Options | Yes | Yes |
| Demo Account | Yes | Yes |
Rules & Assessment
| Criteria | Sway Funded | TradeDay |
|---|---|---|
| Profit Target | The Programmes — Regular (2-phase): 10% then 8% The Programmes — Rapid (1-phase): 15% The Programmes — Instant: 8 / 12 / 16% step targets | $1,500/$3,000/$6,000/$9,000 for 25K/50K/100K/150K evaluations |
| Maximum Drawdown | The Programmes — Regular (2-phase): 10% (20%) The Programmes — Rapid (1-phase): 10% (20%) The Programmes — Instant: 8% | $1,000/$2,000/$3,000/$4,500 for 25K/50K/100K/150K evaluation and Funded Sim; trailing floor freezes at starting balance; Live rules differ |
| Minimum Trading Days | The Programmes — Regular (2-phase): 12 total The Programmes — Rapid (1-phase): 8 The Programmes — Instant: 8 | Quick Pay vs Fast Pass — Quick Pay: 5 Quick Pay vs Fast Pass — Fast Pass: None |
| News Trading | Yes | No |
| Daily Loss Limit | The Programmes — Regular (2-phase): 5% (10% with add-on) The Programmes — Rapid (1-phase): 5% (10%) The Programmes — Instant: 3% | — |
| Consistency / Best Day Rule | The Programmes — Regular (2-phase): None The Programmes — Rapid (1-phase): None The Programmes — Instant: 20% | Quick Pay vs Fast Pass — Quick Pay: 30% Quick Pay vs Fast Pass — Fast Pass: 45% |
Fees & Pricing
| Option | Sway Funded | TradeDay |
|---|---|---|
| CFD $10K Account | Listed challenge / USD 66 / One-time | Not listed in review pricing source |
| CFD $25K Account | Listed challenge / USD 156 / One-time | Not listed in review pricing source |
| CFD $50K Account | Listed challenge / USD 289 / One-time | Not listed in review pricing source |
| CFD $100K Account | Listed challenge / USD 499 / One-time | Not listed in review pricing source |
| CFD $200K Account | Listed challenge / USD 849 / One-time | Not listed in review pricing source |
| Futures $50K Account | Not listed in review pricing source | Quick Pay Intraday / USD 125 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Futures $100K Account | Not listed in review pricing source | Quick Pay Intraday / USD 230 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Futures $150K Account | Not listed in review pricing source | Quick Pay Intraday / USD 350 / Monthly Quick Pay Intraday list price; monthly subscription; no activation fee. Source Checked 2026-08-09 |
| Refund Policy | Refundable challenge fees upon first profit withdrawal | No refunds after purchase |
| Coupons / Discount | Sway Funded discount | TradeDay discount |
Platforms & Markets
| Feature | Sway Funded | TradeDay |
|---|---|---|
| Trading Platforms | Sway Charts, Sway Charts Pro, Liquid Charts, Liquid Charts Pro | Tradovate, NinjaTrader, TradingView, Jigsaw, R-Trader Pro, Quantower, and 10 more |
| Forex | Yes | No |
| Stocks | Yes | No |
| Indices | Yes | — |
| Commodities | Yes | Yes: permitted energy/agricultural futures; MGC/SIL limited; GC/SI/HG/PL restricted |
| Cryptocurrencies | Yes | No |
| Bonds | — | — |
| EA/Algo Trading | No | — |
Payout
| Feature | Sway Funded | TradeDay |
|---|---|---|
| Payout Terms | Bitcoin, Ethereum, USDT (1.5% withdrawal fee, typically 24 hours) | Minimum $250. Quick Pay Sim: day-one eligibility with positive profit; $10,000 gross-profit live-transition review. Fast Pass Sim: 5 qualifying profitable days per payout, net profit since last payout and tier caps; 45% consistency for accounts opened from 26 July 2026. |
| See all prop firm payouts → | ||
Verdict
| Key Element | Sway Funded | TradeDay |
|---|---|---|
| Strengths | No trailing drawdown, No consistency rule, No overnight holding restrictions, Weekend holding permitted, No time limits, Active in 150+ countries | No standard daily loss limit; Quick Pay Sim day-one payouts and no funded consistency; Fast Pass Sim retains EOD drawdown; eligible live profits receive 90% |
| Weaknesses | Relatively new firm (founded Feb 2024), Proprietary platform only, 1.5% withdrawal fee, No phone support, Not regulated broker | Quick Pay Sim: stop at $10,000 gross-profit review threshold, excess forfeited; 50%/80% payout portions; intraday funded drawdown. Standard metals restricted; MGC/SIL limits. Monthly subscription. |
| Best For | Traders seeking flexible challenge formats with no time pressure | Futures traders avoiding daily loss limits; transparent disclosure valued |
Conclusion and Final Recommendation
Choose Sway Funded – Elite if you want a cheaper entry, from USD 66, news trading allowed and coverage of forex, stocks, commodities and cryptocurrencies that the other does not offer. Choose TradeDay if a shorter evaluation at 1 phase 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 TradeDay’s programs?
TradeDay offers a Make It Take It futures program with evaluation and Funded Sim stages. The published evaluation requires five trading days and a 30% consistency limit. TradeDay official rules.
How do payouts differ between Sway Funded and TradeDay?
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.
Make It Take It lists a $250 minimum request and eligibility from one funded trading day, subject to its rules. Its split is 50/50 below $4,000 net profit, 80/20 above $4,000 and 90/10 in Funded Live. TradeDay official rules.
Which account rules matter when comparing Sway Funded and TradeDay?
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.
The selected evaluation can use end-of-day or intraday drawdown, while the displayed Funded Sim rules use intraday drawdown. Do not assume those stages have identical loss calculations. TradeDay official rules.
Is Sway Funded or TradeDay 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 forex, stocks, commodities and cryptocurrencies, and TradeDay has the shorter evaluation at 1 phase. 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 the evaluation objectives for the exact program you buy, 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 TradeDay
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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