3.0

SwayFunded Review (120% Refund Code: TRADPIP)

SwayFunded Review 2025 – Everything You Need to Know

πŸ’° Up to:

$2,000,000

πŸ” Profit Split

80–95%

πŸ’°Up to:

$200,000

πŸ” Profit Split:

80–95%

What Makes SwayFunded Special

  • Cheapest entry in the industry β€” start for just $10
  • Lightning-fast payouts β€” some traders paid in under 1 minute
  • No time limits β€” take weeks, months, or longer to pass
  • Full fee refund β€” get your challenge cost back with first payout
  • Unique "No Consistency" challenge β€” trade your own way, any pattern

βœ… 8 Key Strengths

  • βœ… Super cheap entry ($10 minimum)
  • βœ… Lightning-fast crypto payouts
  • βœ… No time limits on any challenge
  • βœ… Full challenge fee refund
  • βœ… Weekend trading allowed
  • βœ… News trading permitted (5-min buffer)
  • βœ… Up to 95% profit split
  • βœ… Three different challenge paths

❌ 4 Key Weaknesses

  • ❌ Very new (started March 2024)
  • ❌ Crypto payments only β€” no bank transfers
  • ❌ Only Liquid Charts β€” no MT4/MT5
  • ❌ No scaling plan (max $200K)

Who Should Try SwayFunded

  • βœ… Complete beginners wanting cheap entry
  • βœ… Crypto-savvy traders who want instant payouts
  • βœ… Budget-conscious traders ($10–$249)
  • βœ… News and weekend traders with flexible strategies
  • βœ… Traders who hate consistency rules

Who Should Skip It

  • ❌ MT4/MT5 loyalists who won't switch platforms
  • ❌ Traders who don't understand cryptocurrency
  • ❌ Those needing long-term proven reliability
  • ❌ Traders building career past $200K scale

What Is SwayFunded?

SwayFunded (also called Sway Funded or just Sway) is a prop trading company that gives traders simulated money to practice with. If you trade well and follow the rules, they pay you real profits based on your performance. The company started in March 2024 β€” making them one of the newest prop firms available.

Despite being so new, SwayFunded has grown fast. In less than 12 months, they've onboarded over 100,000 traders, paid out millions in profits, and even acquired three other prop firms: MyFlashFunding (July 2024), Glow Node (August 2024), and Karma Prop (September 2024).

How It Works β€” Simple Steps

  1. Pay a small fee to start a challenge (as low as $10)
  2. Trade with simulated money on their platform
  3. Hit your profit target without breaking the risk rules
  4. Get your funded account with a larger balance
  5. Keep 80–95% of the profits you make
  6. Get paid fast β€” sometimes in under 1 minute via crypto
  7. Get your fee back with your very first payout

⚠️ One Important Thing

SwayFunded is VERY new. They only started in March 2024. This means they don't have a long track record yet. Some traders love them, others have had problems with the platform. We cover everything in this review so you can decide if they're right for you.


Is SwayFunded Safe?

The short answer: SwayFunded appears legitimate for now, but with serious caution because they are so new. Here's how to think about the safety picture clearly.

βœ… What Makes Them Trustworthy

  • βœ… Real company registration β€” Saint Lucia #2024-00342
  • βœ… Actual verified payouts from thousands of traders
  • βœ… 4.4/5 Trustpilot rating (621+ reviews)
  • βœ… Largest single payout: $165,000
  • βœ… You never risk your own trading capital
  • βœ… Growing rapidly β€” 3 firm acquisitions in 2024

❌ What to Be Careful About

  • ❌ Extremely young β€” less than 1 year old
  • ❌ Not regulated by any financial authority
  • ❌ Platform glitches and P&L inconsistencies reported
  • ❌ Crypto payments only β€” no traditional options
  • ❌ Some payment delays reported at weekends
  • ❌ Account terminations with no appeals process
3.0
Safety Rating: 3.0 / 5
β˜…β˜…β˜…β˜†β˜†
SwayFunded appears legitimate and is paying traders, but being less than one year old makes long-term reliability completely unproven. Start very small β€” $10 to $49 β€” to test them before committing larger amounts.

The 3 SwayFunded Challenge Options

SwayFunded offers three different paths to get funded. Each one works for a different type of trader. Pick the one that fits your style and skill level.

RAPID β€” 1 Phase

Challenge #1: Rapid (Fast Track)

This is for traders who want funding as quickly as possible. Only one phase to pass, then you're funded.

Phases
1
Profit Target
15%
Daily Loss
5%
Max Loss
10%
Min Trade Days
4
Profit Split
80%

Pricing

Account SizeChallenge FeeFee Refundable?
$1,000$15βœ… Yes
$5,000$74βœ… Yes
$10,000$149βœ… Yes
$25,000$374βœ… Yes
$50,000$749βœ… Yes
$100,000$1,484βœ… Yes
$200,000$1,484βœ… Yes

Best For: Experienced traders wanting fast funding, people confident they can hit 15% profit, those willing to pay more for speed.

Not For: Beginners β€” the 15% target in one phase is steep. More expensive than Regular for the same account size.

NO CONSISTENCY β€” 3 Phases Β· Most Flexible

Challenge #3: No Consistency (The Unique Option)

This is SwayFunded's most unique offering. Three phases, but the consistency rule is completely removed β€” you can make all your profit in one day if you want.

Phases
3
Ph 1 Target
10%
Ph 2 & 3 Target
8%
Daily Loss
5%
Max Loss
10%
Consistency Rule
None

What "No Consistency" Actually Means

Most prop firms have a consistency rule: your best trading day cannot be more than 30–40% of your total profits. One huge winning day disqualifies you. SwayFunded's No Consistency challenge completely removes this restriction. You can make 100% of your profit in a single lucky trade and still pass. No penalty. No rejection.

Pricing

Account SizeChallenge FeeFee Refundable?
$1,000$12βœ… Yes
$5,000$59βœ… Yes
$10,000$119βœ… Yes
$25,000$299βœ… Yes
$50,000$599βœ… Yes
$100,000$899βœ… Yes
$200,000$1,187βœ… Yes

Best For: Aggressive traders who take big swings, news event traders who make most profit on one day, scalpers with irregular daily results.

Not For: Those who want fast funding β€” three phases is the longest path.


Challenge Comparison Table

Feature Rapid Regular No Consistency
Phases123
Phase 1 Target15% (or 30%)10% (or 20%)10% (or 20%)
Phase 2 TargetN/A8% (or 16%)8% (or 16%)
Phase 3 TargetN/AN/A8% (or 16%)
Daily Loss Limit5% (or 10%)5% (or 10%)5% (or 10%)
Max Loss Limit10% (or 20%)10% (or 20%)10% (or 20%)
Time LimitNoneNoneNone
Min Trading Days44 per phase4 per phase
Weekend Tradingβœ… Yesβœ… Yesβœ… Yes
News Tradingβœ… Yes*βœ… Yes*βœ… Yes*
Fee Refundβœ… Yes (100%)βœ… Yes (100%)βœ… Yes (100%)
Consistency Ruleβœ… Yesβœ… Yes❌ Removed
Profit Split80–95%80–95%80–95%
Best ForFast fundingBalanced tradersFlexible traders
Cost ($25K)$374$249$299

*News trading allowed with 5-minute buffer before/after restricted high-impact events.


Challenge Rules Explained (Simple)

Rules are the most important part. Break a rule = account closed instantly. No warnings. No refunds. Here are all the rules explained clearly.

1 Daily Loss Limit (5% Standard)

You cannot lose more than 5% of your starting account equity in any single day.

Example β€” $100,000 Account

Daily limit = $5,000. If you lose $5,001 in one trading day, your account closes permanently. No exceptions. Resets every midnight at 00:00 GMT+2 server time.

This counts ALL activity that day β€” wins, losses, open floating positions, commissions. If you're close to the limit, stop trading and wait for midnight reset.

Pro Tip

Set a personal soft stop at 3% loss. That leaves you 2% buffer before the hard limit hits. Never try to "revenge trade" back after hitting 3% β€” wait for tomorrow.

2 Maximum Loss Limit β€” Trailing Drawdown (10%)

This is the most critical rule at SwayFunded and the one most traders misunderstand. SwayFunded uses trailing drawdown β€” not static balance-based drawdown. Your breach level moves upward as your balance grows, but it never moves back down.

How Trailing Drawdown Works

  • Start at $100,000 β†’ breach level at $90,000
  • Grow to $108,000 β†’ breach level moves up to $97,200
  • Grow to $112,000 β†’ breach level now at $100,800
  • Drop back to $101,000 β†’ still safe, but barely
  • Drop to $100,700 β†’ ACCOUNT TERMINATED (below $100,800)
Warning

Trailing drawdown is significantly harder than balance-based drawdown used by FTMO and FundedNext. Understand this fully before starting. Calculate your breach level every single day.

3 Profit Targets (By Challenge Type)

You must reach these profit levels from your starting balance to progress through each phase. Only closed trades count toward targets β€” open floating profits are not counted.

PhaseRapidRegularNo Consistency
Phase 115% (30% w/addon)10% (20% w/addon)10% (20% w/addon)
Phase 2N/A8% (16% w/addon)8% (16% w/addon)
Phase 3N/AN/A8% (16% w/addon)

4 Minimum Trading Days (4 Days)

You must place trades on at least 4 separate calendar days during each phase before you can progress β€” even if you hit your profit target in just 2 days.

Example

You hit your 10% profit target on Day 2. You still cannot advance. Make at least one trade on 2 more separate days to fulfill the 4-day minimum. Days don't need to be consecutive. Even a losing day counts.

Pro Tip

When you hit your target early, don't force risky trades. Make tiny, minimal-risk trades on the remaining days just to fulfill the day count requirement.

5 Consistency Rule (Rapid and Regular Only)

Your single best trading day cannot represent more than 40% of your total profit. This applies to both Rapid and Regular challenges. The "No Consistency" challenge removes this rule entirely.

Example β€” Failing the Consistency Rule

Total profit target: $10,000. You make $7,000 on Monday (one great day) and $3,000 spread over the rest of the month. Total profit: $10,000 βœ…. Best single day: $7,000 = 70% of total ❌ β€” you fail the consistency rule. The maximum allowed is 40%.

Pro Tip

Aim to spread your profits across at least 5–6 days minimum. If you have a big winning day, keep trading carefully afterward to add more profit and bring your best-day percentage below 40%.

6 News Trading β€” Allowed With 5-Minute Buffer

News trading is permitted on all challenge types. The only restriction is a 5-minute window around "restricted" high-impact events listed in your dashboard.

  • Allowed: Trading before/after the restricted 5-minute window on any news event
  • Not Allowed: Holding open positions within 5 minutes before or after a restricted event
Pro Tip

Check your dashboard daily for restricted events. When unsure, simply wait 10 minutes after major news (NFP, FOMC, CPI) before re-entering. Better to miss one entry than fail your account.

7 What You CAN Do

βœ… Permitted Strategies

  • βœ… Weekend holding (Friday β†’ Monday)
  • βœ… Overnight positions (hold as long as needed)
  • βœ… Expert Advisors (check platform compatibility)
  • βœ… Scalping (fast in-and-out trades)
  • βœ… Any timeframe (1-minute to monthly)
  • βœ… Hedging (trade same pair both directions)
  • βœ… Copy trading (your own accounts only)

❌ Instant Ban Offenses

  • ❌ Arbitrage trading (exploiting price gaps)
  • ❌ Latency exploits (slow data feed abuse)
  • ❌ Tick scalping (platform inefficiency abuse)
  • ❌ High-frequency gaming strategies
  • ❌ Account sharing (someone else trading for you)
  • ❌ Martingale (doubling after losses)

Trading Rules Summary

Rule Rapid Regular No Consistency
Phase 1 Profit Target15%10%10%
Phase 2 Profit TargetN/A8%8%
Phase 3 Profit TargetN/AN/A8%
Daily Loss Limit5%5%5%
Max Loss (Trailing)10%10%10%
Drawdown TypeTrailingTrailingTrailing
Min Trading Days44 per phase4 per phase
Time LimitNoneNoneNone
Consistency RuleYes (max 40%/day)Yes (max 40%/day)Removed
Weekend Holdingβœ… Yesβœ… Yesβœ… Yes
News Tradingβœ… Yes (5-min buffer)βœ… Yes (5-min buffer)βœ… Yes (5-min buffer)
EAs Allowedβœ… Yesβœ… Yesβœ… Yes
Leverage1:501:501:50

Complete Pricing Breakdown

Here is every account size and cost across all three challenges, with realistic monthly earnings at 5% monthly growth.

Regular Challenge β€” Full Pricing (100% Refund)

100% Fee Refund
Account SizeFeeYou Get BackNet Cost After RefundMonthly Profit (80%, 5%)
$1,000$10$10$0 (free)$40
$5,000$49$49$0 (free)$200
$10,000$99$99$0 (free)$400
$25,000$249$249$0 (free)$1,000
$50,000$499$499$0 (free)$2,000
$100,000$749$749$0 (free)$4,000
$200,000$989$989$0 (free)$8,000

With a 100% fee refund, the challenge costs you nothing if you pass. The fee is essentially a deposit you get back.

Rapid Challenge β€” Full Pricing (100% Refund)

100% Fee Refund
Account SizeFeeYou Get BackNet Cost After Refund
$1,000$15$15$0 (free)
$5,000$74$74$0 (free)
$10,000$149$149$0 (free)
$25,000$374$374$0 (free)
$50,000$749$749$0 (free)
$100,000$1,484$1,484$0 (free)
$200,000$1,484$1,484$0 (free)

No Consistency Challenge β€” Full Pricing (100% Refund)

100% Fee Refund
Account SizeFeeYou Get BackNet Cost After Refund
$1,000$12$12$0 (free)
$5,000$59$59$0 (free)
$10,000$119$119$0 (free)
$25,000$299$299$0 (free)
$50,000$599$599$0 (free)
$100,000$899$899$0 (free)
$200,000$1,187$1,187$0 (free)

Add-On Features (Optional Upgrades)

When checking out, you can purchase optional add-ons to modify your challenge conditions.

Add-OnWhat It DoesWho Should Buy
90% Profit SplitKeep 90% instead of 80%High-profit experienced traders
95% Profit SplitKeep 95% instead of 80%Professionals making consistent big profits
Boosted TargetsDoubles profit targets (10%β†’20%, 15%β†’30%)Aggressive traders with high-conviction strategies
Increased DrawdownChanges 5%/10% limits to 10%/20%NOT recommended β€” more room = more temptation

For beginners: skip all add-ons. Master the standard settings first. Only consider the 90–95% profit split add-on once you're consistently profitable.


Payout Process (Step by Step)

Getting your money from SwayFunded is fast β€” sometimes under 1 minute. Here's exactly how it works.

1

Pass All Challenge Phases

Complete all required phases for your chosen challenge type. Hit profit targets, follow rules, meet minimum trading days.

2

Complete KYC Verification

Submit identity documents (passport or national ID) and a selfie. This is required before any payout can be processed.

3

Get Your Funded Account

Receive a new funded account login. Trade on this account following the same risk rules. Build your profit balance.

4

Trade Minimum 4 Days on Funded Account

Before your first payout, you must trade on at least 4 calendar days on the funded account. Build a track record.

5

Request Payout

Log into dashboard β†’ Payouts section β†’ Request Payout. Provide your crypto wallet address (USDT, BTC, or ETH).

6

SwayFunded Reviews Account

They verify no rule violations, manual trading, and clean activity. Usually takes minutes to a few hours.

7

Payment Sent + Fee Refund

Payment dispatched in your chosen crypto. Your challenge fee is included in the first payout as a 100% refund.

8

Money Arrives in Your Wallet

Crypto lands in seconds to minutes. After your first payout, you can request again every 4 trading days.

Payment Methods & Processing Times

MethodSupported?SpeedFees
USDT (Tether)βœ… YesSeconds to minutes$1–$5 network fee
Bitcoin (BTC)βœ… YesSeconds to minutes$5–$20 network fee
Ethereum (ETH)βœ… YesSeconds to minutes$5–$15 network fee
Bank Transfer❌ NoN/AN/A
PayPal / Wise❌ NoN/AN/A

Withdrawal fee: 1.5% on all payouts (e.g. $60 on a $4,000 payout), plus small network fees.

Important

Set up your crypto wallet BEFORE you start your challenge β€” not after you pass. Many traders scramble to set one up at payout time. Download Trust Wallet or Coinbase Wallet, generate your USDT address, and test receiving a small amount first.


RF Platform: Liquid Charts

SwayFunded uses Liquid Charts as their trading platform β€” not MetaTrader 4 or 5. This is the single biggest frustration point for many experienced traders.

What Is Liquid Charts?

Liquid Charts is a web-based trading platform created by FDCTech specifically for prop firms. It runs in your browser (no download required), and also has downloadable versions for desktop and mobile.

Liquid Charts vs MT4/MT5

FeatureLiquid ChartsMT4/MT5
Web Browser Tradingβœ… Yesβœ… Yes (MT5)
Mobile Appβœ… Yesβœ… Yes
Built-In Risk Calculatorβœ… Yes❌ No
Challenge Progress Dashboardβœ… Yes❌ No
Expert Advisors (Bots)⚠️ Limitedβœ… Yes
Custom Indicators Library⚠️ Basic onlyβœ… Thousands
Community & Support⚠️ Smallβœ… Huge
Familiarity❌ New platformβœ… Industry standard
Learning Curve1–2 daysAlready familiar

Why No MT4/MT5?

MetaQuotes (makers of MT4/MT5) banned many prop firms from using their platforms in 2023. SwayFunded launched in 2024 and partnered directly with Liquid Brokers and their Liquid Charts platform to avoid this issue. It works reliably for prop trading, but it's unfamiliar to the majority of traders who grew up on MetaTrader.


What You Can Trade

SwayFunded offers access to multiple asset classes through Liquid Charts.

Asset ClassInstruments AvailableNotable ExamplesCommission
Forex40+ currency pairsEUR/USD, GBP/USD, USD/JPY, exoticsFrom 0.0 pips + $7/lot
Indices10+ major indicesS&P 500, NASDAQ, DAX, FTSE 100Standard spread
Commodities5–8 instrumentsGold, Silver, Oil (WTI & Brent), GasStandard spread
Cryptocurrencies2+ pairsBitcoin, EthereumHigher spread
US Stocks CFDsMultipleApple, Tesla, Amazon, Meta, GoogleStandard spread

Leverage: Up to 1:50 across instruments. Leverage available from 1:1 to 1:50 depending on instrument and program settings.

What you CANNOT trade: Options, futures, bonds, ETFs, penny stocks. SwayFunded focuses exclusively on CFDs (Contracts for Difference).


Advantages β€” 8 Strong Pros

Here are the 8 best reasons to choose SwayFunded.

1 Super Cheap Entry β€” Start for Just $10

At $10 for the Regular $1,000 challenge, SwayFunded has the cheapest prop firm entry in the industry. Even the $25,000 account costs only $249. This makes prop trading accessible to almost anyone.

Real Example

You spend $10 to test SwayFunded. You fail. Try again ($10). Fail. Third attempt ($10) β€” you pass. Total cost: $30. You get $10 back as your refund. Net spent on education: $20. Most firms charge $169 for a single $10K attempt.

2 Lightning-Fast Payouts β€” Sometimes Under 1 Minute

Crypto payments are instant once processed. Many traders report getting paid in under 60 seconds. Even in normal cases, payouts arrive within 24 hours β€” far faster than firms using bank transfers (3–5 business days).

Real Example

Day 1: Get funded. Day 5: Trade 4 days minimum. Day 6: Request first payout. Day 6 (same day): Money in your USDT wallet. That's real speed β€” no waiting, no weekday delays.

3 No Time Limits β€” Take as Long as You Need

There are zero deadlines on any challenge type. Trade at your own pace β€” 2 weeks or 6 months. Perfect for swing traders, part-time traders, and anyone who doesn't want to rush.

4 Full Fee Refund β€” Challenge Costs You Nothing if You Pass

Every single challenge fee is 100% refunded with your first payout. The challenge fee is essentially a deposit you get back. Your only real cost is time and trading performance.

5 Unique "No Consistency" Challenge

This feature is rare in the industry. Most prop firms penalize traders who make most of their profit in a single day. SwayFunded's No Consistency challenge removes this restriction entirely β€” you can make all your profit on one explosive day and still pass.

Who Benefits

News event traders, breakout traders, and anyone whose edge is concentrated around specific market moments will love this. No other major prop firm offers this in quite the same way.

6 Up to 95% Profit Split

While the base split is 80%, you can upgrade to 90% or even 95% with paid add-ons. At 95%, you keep $9,500 of every $10,000 profit β€” leaving just $500 for SwayFunded.

Real Example β€” Monthly Impact

On a $100,000 account making 5% monthly ($5,000 profit): At 80% you keep $4,000. At 90% you keep $4,500. At 95% you keep $4,750. Over 12 months that's $9,000 more per year at 95% vs 80%.

7 Weekend Trading Permitted

Hold positions from Friday through the weekend to Monday with no forced closes. Many prop firms require you to exit everything before Friday close. SwayFunded lets swing trades run their course naturally.

8 Three Challenge Paths to Choose From

Rapid (1 phase, fast), Regular (2 phases, balanced), and No Consistency (3 phases, most flexible). Very few firms offer this variety. You can choose based on your skill level, strategy style, and patience.


Disadvantages β€” 4 Clear Cons

No firm is perfect. Here are SwayFunded's four main problems.

❌ Disadvantage #1: Extremely New Company

SwayFunded launched in March 2024. That's less than one year of operation. Compare this to FTMO (2015, 10 years), The5%ers (2016, 9 years), and even newer firms like Goat Funded (2023, 2 years). SwayFunded is by far the youngest of any major prop firm.

Why It Matters: No long-term track record. We can't know if they'll be operational in 5 years. Many prop firms shut down in their first 2 years.

βœ… Workaround: Start very small ($10–$49 challenges). Never commit large amounts until you've tested payouts and seen consistent experience over several months.

❌ Disadvantage #2: Crypto Payments Only

There are no bank transfers, PayPal, Wise, or traditional payment options. You must have a cryptocurrency wallet to receive any payout.

Why It Matters: Many traders β€” especially older traders or those in regions with crypto restrictions β€” find this frustrating or impossible to manage.

βœ… Workaround: If you want to use SwayFunded, set up Trust Wallet or Coinbase Wallet before starting. Use USDT (stable, always $1 value) to avoid crypto price volatility on your earnings.

❌ Disadvantage #3: Only Liquid Charts Platform

No MetaTrader 4. No MetaTrader 5. No cTrader. You must learn and use Liquid Charts, an unfamiliar platform with a much smaller community, fewer indicators, and limited EA support.

Who This Hurts: Traders who have spent years mastering MT4/MT5 and rely on its large indicator ecosystem or automated Expert Advisors.

βœ… Workaround: Use TradingView or MT4/MT5 for your analysis and chart reading, then manually place the trades on Liquid Charts. Adds a step but works fine for manual traders.

❌ Disadvantage #4: No Scaling Plan (Maximum $200,000)

SwayFunded currently has no scaling program. Your funded account stays at its starting size. The maximum is $200,000 β€” there is no path to grow beyond this as your skills improve.

Why It Matters: Serious career traders want to grow to $500K, $1M, $2M over time. SwayFunded offers no such pathway currently.

βœ… Workaround: Purchase and pass multiple funded challenges simultaneously. Running two $100K accounts gives you $200K total exposure, but each account stays at its starting size individually.


SwayFunded vs Competitors

How does SwayFunded stack up against the established names?

SwayFunded vs FTMO

FeatureSwayFundedFTMO
Founded20242015 WINNER
Cheapest Entry ($10K)$99 WINNER€155 (~$169)
Max Account$200,000$400,000 WINNER
Profit Split80–95% WINNER80–90%
Time LimitNoneNone
Drawdown TypeTrailingBalance-based WINNER
PlatformsLiquid Charts onlyMT4, MT5, cTrader WINNER
EAs Allowedβœ… Yesβœ… Yes
Payout SpeedSeconds–minutes WINNER1–5 business days
Scaling❌ Noneβœ… Up to $2M WINNER
Payment OptionsCrypto onlyMultiple methods WINNER

SwayFunded wins: Cheaper, faster payouts, 95% split possible, no time limits.
FTMO wins: Decade of history, MetaTrader, balance-based drawdown, massive scaling, multiple payment methods.

SwayFunded vs FundedNext

FeatureSwayFundedFundedNext
Founded20242022 WINNER
Entry Cost ($50K)$499 WINNER$299–$349
Max Account$200,000$300,000 WINNER
Profit Split80–95%80–95%
Drawdown TypeTrailingBalance-based WINNER
Payout SpeedSeconds WINNER24 hours
PlatformsLiquid Charts onlyMT4, MT5, cTrader WINNER
Scaling❌ Noneβœ… Up to $4M WINNER
No Consistency Optionβœ… Yes WINNER❌ No

SwayFunded vs Goat Funded Trader

FeatureSwayFundedGoat Funded Trader
Founded20242023 WINNER
Max Account$200,000$800,000 WINNER
Profit Split80–95%80–100% WINNER
Programs Available35 WINNER
Drawdown TypeTrailingBalance-based WINNER
Daily Loss Limit5% WINNER4%
Payout SpeedSeconds WINNERMultiple methods
Scaling❌ Noneβœ… Up to $2M WINNER
Entry Cost ($50K)$499~$349 WINNER

Who Should Choose SwayFunded?

βœ… Perfect For These Traders

  • βœ… Complete beginners β€” $10 entry is risk-free
  • βœ… Crypto-savvy traders who want instant payouts
  • βœ… Budget-conscious traders ($10–$249)
  • βœ… News and weekend traders with flexible strategies
  • βœ… Aggressive traders who hate the consistency rule
  • βœ… Those who understand trailing drawdown well

❌ Not Suitable For

  • ❌ MT4/MT5 loyalists who won't switch platforms
  • ❌ Traders who don't understand cryptocurrency
  • ❌ People building a 10-year trading career
  • ❌ Traders wanting to scale past $200,000
  • ❌ Those who prefer balance-based (static) drawdown
  • ❌ Traders in countries where crypto is restricted

Common Mistakes (How to Not Fail)

These are the top reasons traders fail at SwayFunded. Learn them. Avoid them.

1 Not Understanding Trailing Drawdown

The number one mistake. Traders grow their account to $108,000, assume they still have $10,000 buffer from the start, and are shocked when their account terminates at $97,000. The breach level follows your highest balance β€” it never resets downward.

βœ… Fix: Calculate your breach level every single morning before trading. Write it down. Set a phone alert 2% above it as a warning.

2 Revenge Trading After Hitting Daily Loss

You lose 3% by noon. You try to recover in the afternoon. Hit 5.1% total daily loss. Account terminated. This happens thousands of times per day across all prop firms.

βœ… Fix: Set a personal hard stop at 3% daily loss. When you hit it, close your platform and wait for midnight reset. Tomorrow is another day.

3 Breaking the Consistency Rule (Rapid & Regular)

Make 8% profit in one lucky session. Stop trading. Think you passed. Get rejected because that one session was 80% of total profits β€” far above the 40% consistency limit.

βœ… Fix: After any big-profit session, keep trading conservatively to distribute profits across more days. Or choose the No Consistency challenge to remove this rule entirely.

4 Not Setting Up Crypto Wallet Before Passing

You pass your challenge. You request your first payout. Then you scramble to figure out how crypto wallets work. You delay your payment by days while fumbling through wallet setup.

βœ… Fix: Download Trust Wallet the same day you start your challenge. Get your USDT address. Send yourself $10 as a test. Have everything ready before you even need it.

5 Trading Inside the 5-Minute News Buffer

You trade during NFP. Your order fills in the restricted window. Your profit for that trade gets voided or your account gets flagged. All that risk for one trade you didn't need to take.

βœ… Fix: Check the restricted events list in your dashboard every morning. When unsure, wait 10 minutes after any major news before entering. The market will still be there.


Frequently Asked Questions

Is SwayFunded a scam?
No, SwayFunded appears legitimate. They have real company registration (Saint Lucia #2024-00342), a 4.4/5 Trustpilot rating, verified payouts, and over 100,000 traders. However, they are extremely new (started March 2024) so long-term reliability is unproven. Start very small to test them.
How much does it cost to start?
As low as $10 for the Regular $1,000 account challenge. The most popular option is $249 for the Regular $25,000 challenge. All fees are refunded 100% with your first payout.
Why crypto payments only?
SwayFunded partnered with crypto payment systems because they enable instant payouts (seconds/minutes) vs bank transfers (3–5 business days). The speed is a genuine advantage, but it's a dealbreaker for traders without crypto access.
Do I risk my own trading money?
No. You never deposit trading capital. All SwayFunded accounts β€” including funded accounts β€” use simulated money. Your only financial risk is the small one-time challenge fee ($10–$1,484).
What is trailing drawdown and how does it work?
Trailing drawdown means your breach (loss) level moves UP as your account balance grows, but never moves back down. If you start at $100K (breach at $90K) and grow to $110K, your breach moves to $99K permanently. This is harder than balance-based drawdown used by other firms. Always calculate your current breach level before trading.
How long does it take to pass the challenge?
There are no time limits, so it's entirely up to you. Fast traders on Rapid can pass in 1–2 weeks. Average traders on Regular: 1–3 months. Patient swing traders: 3–6 months. Take as long as you need.
Can I trade on weekends?
Yes. SwayFunded allows holding positions over the weekend on all challenge types. Forex, indices, and commodities can remain open from Friday through Sunday.
Can I trade during news events?
Yes, with a 5-minute buffer. You cannot hold open positions within 5 minutes before or after "restricted" high-impact events listed in your dashboard. Outside those windows, news trading is fully permitted.
Can I use Expert Advisors (trading bots)?
SwayFunded permits EAs in principle. However, Liquid Charts has limited EA compatibility compared to MetaTrader. High-frequency trading, arbitrage, and toxic volume strategies remain strictly prohibited regardless.
How fast are the payouts?
Some traders report under 1 minute. Most within 24 hours. Weekends may delay to the following weekday. Crypto network fees apply ($1–$20 depending on the coin you choose).
Is there a scaling program?
No β€” as of 2025, SwayFunded does not offer a scaling plan. The maximum funded account size is $200,000 with no path to grow beyond that. This is a significant limitation for career traders.
What happens if I fail the challenge?
Your account closes and you lose your challenge fee. You can immediately purchase a new challenge and try again. There are no limits on retry attempts. Consider failed attempts paid education.
Can I have multiple accounts running at the same time?
Yes. You can run multiple challenges and funded accounts simultaneously. Many traders run 3–5 accounts to increase their total profit potential since there is no scaling program.
What platforms can I use?
Only Liquid Charts and Liquid Charts Pro. No MetaTrader 4, MetaTrader 5, or cTrader. Liquid Charts is web-based (no download needed) and also available as a desktop and mobile app.

Final Verdict

SwayFunded brings genuine innovation to prop trading β€” the lowest entry cost in the industry, lightning-fast crypto payouts, and the unique No Consistency challenge option. But their extreme youth (less than 1 year old) and crypto-only payments make them a secondary choice for most traders right now.

4.2
Overall
4.9
Value
4.7
Payouts
3.0
Platforms
2.5
Reliability
Start Your Free Trial β†’

The Bottom Line

βœ… SwayFunded Does Best

  • βœ… Cheapest entry anywhere ($10)
  • βœ… Fastest payouts in the industry
  • βœ… Unique No Consistency challenge
  • βœ… No time limits β€” zero pressure
  • βœ… Up to 95% profit split possible
  • βœ… Weekend and news trading allowed

❌ Where It Falls Short

  • ❌ Only 1 year old β€” no proven track record
  • ❌ Crypto payments only β€” no bank transfers
  • ❌ No MT4/MT5 β€” must learn Liquid Charts
  • ❌ No scaling plan β€” stuck at $200K max
  • ❌ Trailing drawdown harder than static drawdown
  • ❌ Platform glitches reported by some traders

Our Recommendation

If you're a complete beginner: Start with the $10 Regular challenge. Risk almost nothing. Learn the platform. Understand trailing drawdown. Test everything before scaling up.

If you understand crypto and want fastest payouts: SwayFunded is one of the best options available. The payment speed is genuinely unmatched.

If you use bots, need MT4/MT5, or hate crypto: Skip SwayFunded entirely. Choose FTMO, FundedNext, or Goat Funded Trader instead β€” all offer traditional platforms, balance-based drawdown, and conventional payment methods.

Important Warnings

⚠️ Company Is Less Than 1 Year Old

SwayFunded started March 2024. No long-term track record exists. Never commit your entire prop trading career to a firm this new. Start small and diversify.

⚠️ Crypto Payments Only

You MUST have a crypto wallet to receive any payout. If you don't understand cryptocurrency or can't use it in your country, this firm is not suitable for you.

⚠️ Trailing Drawdown Is Harder

The loss limit follows your highest balance up but never comes back down. This is significantly more difficult to manage than balance-based drawdown used by FTMO, FundedNext, and others.

⚠️ Platform Glitches Reported

Some traders report freezing, order failures, and inconsistent P&L displays on Liquid Charts. Test thoroughly on their free demo before committing real challenge fees.


Ready to Start?

If you've decided to try SwayFunded, follow this step-by-step action plan carefully.

1

Set Up Your Crypto Wallet First

Download Trust Wallet or Coinbase Wallet. Generate your USDT address. Send yourself $10 as a test. Have this all ready before you buy anything.

2

Visit SwayFunded.com & Try the Free Demo

Test Liquid Charts before committing. Get comfortable with the interface. Learn where everything is. Understand trailing drawdown with fake money first.

3

Choose Your Challenge

Beginners: Regular $10 ($1K account). Intermediate: Regular $249 ($25K account). Aggressive traders: No Consistency. Speed seekers: Rapid.

4

Pay & Receive Login Credentials

Payment by credit card or crypto. Within minutes you'll receive your Liquid Charts login by email. Log in and check your challenge dashboard.

5

Trade Carefully β€” Follow All Rules

Never exceed 3% daily loss (personal rule). Calculate breach level every morning. Spread profits over multiple days. Avoid 5-minute news windows. Make minimum 4 trades on separate days.

6

Pass, Get Funded, and Request Payout

Trade 4 days on funded account, then request payout. Include your USDT wallet address. Receive money β€” and your fee refund β€” sometimes in under a minute.

Pro Tips

Use discount codes from SwayFunded's website or social media for up to 50% off challenge fees. Check their promotions page before paying full price. And always start smaller than you think you should β€” master the trailing drawdown with a $10 challenge before risking $749.


⚠️ Risk Warning & Disclaimers

Pass Rate Reality: Industry estimates suggest 85–90% of traders fail prop firm challenges. Only 10–15% pass on a first attempt. Never spend money on challenge fees that you need for essential living costs.

Demo Accounts Only: All SwayFunded accounts β€” including funded accounts β€” use simulated funds. You are not trading real markets with real money. SwayFunded pays you based on your simulated performance.

Not Regulated: SwayFunded is not overseen by any financial regulatory authority. This is standard for prop firms, but means no official recourse if issues arise.

Affiliate Disclosure: This review may contain affiliate links. If you sign up through our links we may earn a commission at no extra cost to you. All information is independently researched.

Not Financial Advice: This review is for informational purposes only. We are not financial advisors. Past performance does not guarantee future results. Consult licensed professionals before making trading decisions.

πŸ“… Last Updated: January 2026  |  Next Update: July 2026  |  Always verify current rules on SwayFunded's official website before purchasing.