Sway Funded rules include a 5-minute news trading buffer before and after events to manage risk. The prop firm offers three challenge types: Rapid, Regular, and No Consistency, each with phase-based profit targets ranging from 8% to 30%.
Payouts require at least $10 net profits, 4 active trading days, and no open trades, with the payout cycle resetting after each request. Trading scripts and bots are allowed but must avoid toxic volume, HFT, arbitrage trading, or latency exploitation.
Sway Funded Rule Topics
Here are the key rule topics associated with Sway Funded prop firm:
- Challenge Rules
- Consistency Rule
- Payout Policy
- Inactivity Requirement
- Scripts & Bots
- Copy Trading
- Hedging Policy
- News Trading
- Holding Positions
Sway Funded Challenge Rules
Here's a table showing only the Profit Targets and Drawdown Limits for the Rapid, Regular, and No Consistency challenges; Sway Funded Evaluation Rules:
Challenge Type | Phase | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
Rapid | Phase 1 | 15% or 30% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) |
Regular | Phase 1 | 10% or 20% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) |
Phase 2 | 8% or 16% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) | |
No Consistency | Phase 1 | 10% or 20% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) |
Phase 2 | 8% or 16% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) | |
Phase 3 | 8% or 16% | $50 (5%) / $100 (10%) | $100 (10%) / $200 (20%) |
As you can see, Consistency challenge have phases with the same conditions.
Sway Funded Consistency Rule
Traders must demonstrate consistent performance and disciplined risk management; Sway Funded Consistency condition:
- Phase 1: No day may exceed 30% of total profit
- Phases 2 & 3: Limit increases to 40%
Sway Funded Payout
You can request a payout after:
- Earning $10+ in net profits
- Completing 4 trading days
- Having no open trades
Each payout resets the 4-day requirement.
Sway Funded Inactivity
Funded traders must complete a minimum of 4 trading days to show consistent trading behavior and risk management. This requirement ensures that performance is not based on a single lucky trade but reflects a sustainable and disciplined trading approach.
Sway Funded Trading Scripts & Bots
Scripts and bots are permitted, as long as they do not:
- Use toxic volume;
- Engage in High Frequency Trading (HFT) or arbitrage;
- Exploit latency;
- Violate terms of service.
Sway Funded Copy Trading
Copy trading is allowed from any source, including:
- Personal broker accounts
- Other prop firms
- Signal providers
Sway Funded Hedging
Hedging is permitted within the same trading account, allowing traders to manage risk by holding offsetting positions. However, cross-account hedging, placing opposing trades across multiple accounts, is strictly prohibited and may result in account suspension or disqualification.
Sway Funded News Trading
News trading is allowed by default. If restrictions apply:
- You’ll be notified in advance through the Sway Funded dashboard;
- No trading is allowed 5 minutes before or after a restricted event.
Sway Funded Holding Overnight & Over the Weekend
Sway Funded allows traders to hold positions overnight and over weekends after the Forex market hour ends. This flexibility enables traders to maintain their strategies without being forced to close positions due to time-based limitations, offering greater control over long-term trades and market exposure.
TF Expert Suggestion
Sway Funded rules require daily and overall drawdowns to be capped at $50-$100 (5%-10%) and $100-$200 (10%-20%) respectively. The consistency rule restricts daily profits to 30% in phase 1 and 40% in later phases to promote stable trading.
Hedging is permitted only within the same account, while trade copying from any source is allowed, and positions can be held overnight and during weekends without restrictions.
Now that you are completely familiar with policies in this prop firm, you must create a new account by reading the Sway Funded registration article on the Sway Funded tutorials page.
