90% Profit SplitMax. Fund Size $200K$10 ChallengeNews Trading Restricted
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
Sway Funded is a prop trading firm headquartered in St. Lucia with the legal name Sway Funded LTD. The company, registered under the number 2024-00342, has recently acquired "MyFlashFunding". Up to $200,000 funding is provided by Sway Funded.
Sway Funded evaluates traders in 3 different models [Rapid, Regular, No Consistency] and charges a $7 per lot commission for Forex trading pairs.
Sway Funded Review: Evaluation rules, challenges, and more details
The challenges start with a minimum price of $10 on this prop firm.
Sway Funded Company Overview
This prop firm, under the legal name Sway Funded LTD, is officially registered in Saint Lucia under the registration number 2024-00342.
Based on our chats with the support team, this company was founded in early 2024. Interestingly, this firm has recently acquired "MyFlashFunding", another prop trading company.
Sway Funded Summary of Specifics
Similar to the reviews of other prop firms, in this section, we provide a summary of what the firm offers:
Account Currency
USD
Minimum Price
$10
Maximum Leverage
1:50
Maximum Profit Split
80%
Instruments
Forex, Stocks, Commodities, Indices, Crypto
Assets
245+
Evaluation Steps
1-Step, 2-Step, 3-Step
Withdrawal Methods
Crypto, Bank Transfers
Maximum Fund Size
$200K
First Profit Target
15% on Rapid, 10% on Regular / No Consistency
Max. Daily Loss
5% (10% with Addon)
Challenge Time Limit
Unlimited
News Trading
Restricted
Maximum Total Drawdown
10% (20% with Addon)
Trading Platforms
Sway Charts/Sway Charts Pro, Liquid Charts/Liquid Charts Pro
Commission Per Round Lot
0.035% for Crypto Spot Trades, 0.04% for Crypto Perpetual Orders, $7 for All Other Instruments
Trustpilot Score
4.2
Payout Frequency
Monthly
Established Country
St. Lucia
Established Year
2024
Major Benefits and Notable Drawbacks
Like any trading platform, Sway Funded has its strengths and weaknesses. Table of Advantages and Disadvantages:
Benefits
Drawbacks
Refundable Signup Fees
Strict Trading Rules
Attractive Profit Split
Relatively Low Funding
Very Low Minimum Price
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Flexible Account Sizes
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Account Sizes and Prices
Sway Funded structures its pricing by challenge type and account size:
Rapid: Ranges from $15 for a $1K account up to $1,484 for $200K;
Regular: Starts at $10 ($1K account) and goes to $989 ($200K account);
No Consistency: Starts at $12 ($1K account) and goes to $1,187 ($200K account).
This tiered approach allows for cost-efficient entry and gradual scaling for traders of all levels. Look at the table below for each account:
Account Size
Rapid
Regular
No Consistency
$1K
$15
$10
$12
$2.5K
$38
$25
$30
$5K
$74
$49
$59
$10K
$149
$99
$119
$25K
$374
$249
$299
$50K
$524
$349
$419
$100K
$824
$549
$659
$150K
$1124
$749
$899
$200K
$1484
$989
$1187
All three models are competitively priced in the prop trading industry and offer a tiered structure that allows traders to scale their funding journey affordably.
Sway Funded Maximum Fund Allocation
The highest funding level offered by Sway Funded is $200,000 across all challenge types. This cap applies regardless of whether a trader chooses the Rapid, Regular, or No Consistency model.
At the time of writing this Sway Funded review, the prop firm does not offer a scaling plan. Traders can reach a maximum of $200K but cannot increase capital allocations further through performance-based milestones.
Account Creation and Verification Explained
Creating an account with Sway Funded is designed to be seamless and fast, ideal for traders seeking immediate access to funded challenges.
With no document upload or phone verification required, the 3-step process is completed entirely online, granting you access to up to $200,000 in trading capital through the platform's proprietary programs.
#1 Visit the Platform and Open the Registration Page
Head to the official Sway Funded website and select “Sign Up”. On the login page, click “Don’t have an account?” to reach the registration form.
Click on the specified button to start the registration on Sway Funded
#2 Complete the Registration Form
Input the required account details in the application form, including:
Email
Username
First and last name
Account password
Country of residence
You may optionally add a referral code, and then you must agree to the platform’s terms before hitting “Register”.
#3 Email Verification and Dashboard Login
Check your inbox for a confirmation message. Click “Verify Your Email”, then return to the site and log in with your credentials. Once verified, full dashboard access is unlocked; no further steps are required.
#4 Proceed with the KYC Procedure
Upon completing the challenge phase, you'll be required to go through a Know Your Customer (KYC) process to get a funded account and be eligible for payouts.
For KYC verification, you must perform a liveness check, answer some questions, verify your phone number, and provide supporting documents, including:
Proof of Identity: Passport or Driving license
Proof of Address: Utility bill or Bank statement
KYC verifications are typically completed within 5 to 10 minutes, though in some rare instances, the process may take slightly longer.
Evaluation Stages in Sway Funded Prop Firm
Sway Funded supports 1-step, 2-step, and 3-step evaluations depending on the selected model. Traders are free from strict deadlines, as all models allow for unlimited duration. However, a minimum of 4 trading days is required before qualifying for the next stage or funding.
Sway Funded Rapid Challenge
Features
Phase 1
Profit Target
15%
Max Daily Loss
5%
Max Total Drawdown
10%
Max Leverage
1:50
Min Trading Days
4 Days
Time Limit
Unlimited
Sway Funded Regular Challenge
Features
Phase 1
Phase 2
Profit Target
10%
8%
Max Daily Loss
5%
5%
Max Total Drawdown
10%
10%
Max Leverage
1:50
1:50
Min Trading Days
4 Days
4 Days
Time Limit
Unlimited
Sway Funded No Consistency Challenge
Features
Phase 1
Phase 2
Phase 3
Profit Target
10%
8%
8%
Max Daily Loss
5%
5%
5%
Max Total Drawdown
10%
10%
10%
Max Leverage
1:50
1:50
1:50
Min Trading Days
4 Days
4 Days
4 Days
Time Limit
Unlimited
Sway Funded Add-Ons
Sway Funded provides a range of add-ons designed to enhance your trading challenge, offering both trading strategy flexibility and risk management advantages.
Sway Funded offers doubled drawdown limits, lower profit targets, and a 90% profit share through its multiple add-ons
Understanding which add-ons are compatible with each challenge type and when they can be applied is essential for maximizing your performance.
Add-on
Availablity
Description
90/10 Split
All challenges
Upgrading profit share to 90%
Refresh Challenge
Regular (Phase 2), No Consistency (Phase 3)
One-time retry from the beginning of the specified phase
Fixed Drawdown
Regular, Rapid
Replacing trailing drawdown with a fixed limit
20/10 Drawdowns
All challenges
Doubling both daily and total drawdown thresholds
Profit Target Reduction
All challenges
Lowering the required profit target on phase 1 and phase 2 by 2%
Available Bonuses and Promotions
Actually, Sway Funded does not provide any specific promotions to the traders. However, you can find promo codes on third-party sources.
Sway Funded Trading Rules
Sway Funded offers flexible trading with specific rules on VPN usage, hedging, Expert Advisors, and news trading, ensuring a fair and transparent trading environment for all participants.
Hedging is allowed within one account only, not across multiple funded accounts;
Expert Advisors (EAs) are permitted, but must not engage in harmful trading behaviors;
While martingale is allowed, arbitrage is prohibited;
News Trading is allowed with occasional restrictions.
VPN Usage
Although there are no specific rules provided about the use of VPNs on the platform, it is essential to ensure that the geographical location of your IP remains consistent with the account’s registered region throughout the entire trading process.
Any significant changes in the IP address will be subject to further inquiry, requiring valid justification such as travel evidence or other location verification methods.
Hedging on Sway Funded
Hedging is permitted, but it must occur within the confines of a single trading account. Any attempt to hedge across multiple funded accounts will result in the immediate suspension of those accounts.
Expert Advisors (EAs)
Traders are allowed to use Expert Advisors (EAs) or automated trading bots. However, the use of EAs that engage in practices like high-frequency trading, excessive volume trading, arbitrage, or exploiting platform delays is strictly prohibited.
Such actions violate the platform’s terms and will result in penalties.
Martingale and Arbitrage Strategies
Sway Funded offers a flexible trading environment, where most strategies are welcome, as long as they comply with certain conditions. Prohibited activities include:
Exploiting Platform Latencies: Taking advantage of pricing or execution errors, or leveraging platform delays for arbitrage purposes, is not allowed;
Non-public Information: Trading based on insider knowledge or any non-public data is strictly prohibited.
The platform reserves the right to terminate participation in the program if any prohibited activities are detected, which may result in the forfeiture of any paid fees or credits.
News Trading on Sway Funded
Sway Funded clients are permitted to trade during news events. However, restrictions may be imposed under certain market conditions or in response to risk management decisions.
If a restriction applies, it will be communicated in advance via the client dashboard. During such restricted periods, traders are not allowed to open or hold trades within 5 minutes before or after the news release.
Sway Funded announces the imposed restrictions on new events through the economic calendar feature on its client dashboard
Trading Platforms and Terminals
As stated on the official website, Sway Funded supports four trading platforms:
Sway Charts & Sway Charts Pro
Liquid Charts & Liquid Charts Pro
Sway Charts is provided by Sway Markets, while Liquid Charts is offered by Liquid Brokers. Note that the availability of each platform depends on the client's selection.
Tradable Financial Instruments on Sway Funded
The mentioned prop firm offers a diverse range of 245+ tradable assets in 5 markets in its four trading platforms:
Bank Wire: International transfers between bank accounts
Crypto Payments
Sway Funded processes payouts on a 30-day cycle. Traders may withdraw profits via cryptocurrencies, including Bitcoin, Ethereum, Tether (USDT), and Tron (TRX). A flat payout processing fee of 1.5% is applied to each withdrawal.
Based on our investigations on the official sources, the commission structure on this prop firm is as follows:
Crypto Spot: 0.035% commission
Crypto Perpetual: 0.04% commission
All Other Instruments: $7 per lot
Spreads: Starting from 0.0 pips
Furthermore, a 1.5% fee is charged by the company on payouts requested by traders.
You can use a crypto profit calculator to calculate a position's outcome considering its related commissions.
Educational Content and Resources
In fact, this prop firm has not dedicated much for educational purposes on its website; it only provides a Help Center page, which is not considered an education resource by many.
Sway Funded help center consisting of FAQs
We suggest you visit our Forex education webpage to learn about Forex and trading concepts.
What Trust Scores and Reviews Has Sway Funded Received?
This company has garnered positive reviews across 2 reliable sources [Trustpilot, ScamAdviser]. Let's have an overview of these ratings:
Sway Charts/Sway Charts Pro, Liquid Charts/Liquid Charts Pro
MatchTrader, Tradelocker, MT5
DXTrade, Tradelocker, MT5
Match-Trader, cTrader
Expert Suggestions
Sway Funded provides a 80% profit split, which is upgradable to 90% through buying an addon. This company with a 4.2/5 score on "Trustpilot" charges a 1.5% fee on all payouts. ScamAdviser has given a 100/100 Trustscore to the firm's website.
FAQs
What is the maximum profit split I can achieve on Sway Funded?
Successful traders can earn up to 90% of their profits on this firm.
Is there a fee charged on payouts by Sway Funded?
Yes, a fee of 1.5% is applied to payouts on this prop firm.
What are the evaluation models on Sway Funded?
The company provides 3 evaluation models called Rapid, Regular, and No Consistency.
What types of evaluation challenges does Sway Funded offer?
Sway Funded offers three evaluation types: Rapid (1-step), Regular (2-step), and No Consistency (3-step). Each model varies by profit targets, drawdown limits, and evaluation phases, allowing traders to choose based on their strategy and experience level.
What is the maximum funding available from Sway Funded?
The maximum funding cap at Sway Funded is $200,000, available across all challenge types. There is currently no scaling plan beyond this limit, regardless of trader performance.
What are the profit targets for Sway Funded evaluations?
Profit targets differ by challenge: 15% for Rapid, 10% for Regular and No Consistency in the first phase. Additional phases in multi-step models have progressively lower targets.
How much is the signup fee for each challenge model?
Signup fees vary by model and account size. For example, a $100K account costs $824 (Rapid), $549 (Regular), and $659 (No Consistency). Entry starts from just $10 for small accounts.
Is there a time limit to complete the challenge?
No, all challenge types at Sway Funded come with unlimited duration, though you must complete a minimum of 4 trading days before progressing or qualifying.
What is the payout cycle at Sway Funded?
Sway Funded pays traders on a 30-day cycle. Withdrawals can be made through cryptocurrencies or bank wire, with a 1.5% processing fee per payout.
What platforms are supported?
Traders can use Sway Charts / Sway Charts Pro and Liquid Charts / Liquid Charts Pro. Each platform offers access to 245+ assets across Forex, crypto, commodities, indices, and shares.
What is the maximum drawdown allowed?
The default maximum total drawdown is 10%, and daily drawdown is 5%. However, you can double these limits to 20%/10% using paid add-ons.
Are there any addons available to modify trading conditions?
Yes, Sway Funded offers several add-ons such as 90/10 Profit Split, Fixed Drawdown, Lower Profit Target, and Challenge Refresh. These help tailor your challenge to fit your strategy.
Is hedging allowed at Sway Funded?
Yes, but only within a single account. Hedging across multiple accounts is considered abuse and can lead to suspension and fund forfeiture.
What is the KYC process like at Sway Funded?
KYC is only required after passing the challenge and involves ID verification, proof of address, phone number confirmation, and a brief liveness check. The process typically takes 5–10 minutes.
What instruments can I trade?
You can trade Forex, cryptocurrencies, commodities, indices, and shares, with a total of 245+ instruments available on supported platforms.
Are news trading strategies permitted?
News trading is generally allowed, but during specific high-volatility events, temporary restrictions apply. These will be announced on the client dashboard ahead of time.
Where is Sway Funded registered and based?
Sway Funded LTD is officially registered in Saint Lucia under registration number 2024-00342. It was established in early 2024.
Click on the specified button to start the registration on Sway Funded
