Sway Funded

Sway Funded offers a unique high-leverage challenge structure with higher-than-average profit targets. Their standard challenge offers a 15% profit target in Phase 1 and 30% cumulative, with a 5% daily drawdown and 10% max drawdown. Account sizes start from $1,000, making it accessible to traders with limited starting capital. A minimum of 4 trading days is required. Once funded, profit splits reach 80% with scaling available. EAs and news trading are permitted on most programs. The high profit targets (15%/30%) paired with high leverage (up to 1:100 on some instruments) are designed for momentum and swing traders comfortable with larger position sizing. The smaller account sizes and lower fees make Sway Funded a practical entry point for newer prop firm traders testing a live challenge format.

Sway Funded uses a static drawdown model. On a $1,000 account, the 10% max drawdown means a $100 absolute floor — proportionally identical to a $100,000 account with a $10,000 floor. The 5% daily drawdown ($50 on a $1K account) applies on an equity basis. The relatively high 10% max drawdown gives meaningful breathing room relative to account size, especially when paired with available leverage. The high profit targets (15% Phase 1) may seem daunting but the combination of higher leverage and smaller absolute account sizes means position sizing calculations work proportionally to larger-account challenges. Traders should apply the same percentage-based risk discipline as they would on any larger account — sizing by percentage, not absolute dollar amount.

Sway Funded occupies a niche position — offering higher-leverage, higher-target challenges at smaller account sizes appealing to retail traders who want prop firm experience without high challenge fees. The lower entry costs make it accessible to traders who cannot afford $500+ fees at FTMO or FundingPips. Community feedback has been generally positive with payout reports in the trading community. The high profit targets (15% Phase 1) result in lower pass rates than standard 8-10% target challenges — traders should be realistic about the difficulty. Sway Funded's scaling plan allows accounts to grow progressively. The firm is suitable for traders testing high-conviction strategies with limited initial capital.