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Side-by-side: drawdown, payouts, pricing, platforms. FTMO uses Static, Sway Funded uses EOD-trailing (no lock) — these are different beasts.
| Dimension | FTMO | Sway Funded |
|---|---|---|
| Drawdown mechanic | Static | EOD-trailing (no lock) |
| Cheapest eval | $280 | $269 |
| Profit split | 80% / 90% | Up to 90/10 |
| Payout frequency | Bi-Weekly | Within 24 hours of request |
| Max funding | $200,000 | $200,000 |
| Max payout | — | — |
| Assets | Forex, Indices, Commodities, Metals, Crypto | Forex |
| Platforms | MetaTrader 4, MetaTrader 5, cTrader | MT5 [CONFLICTING — third-party], Liquid Charts / Liquid Charts Pro [reported] |
| Payout methods | — | Crypto |
| Promo code | — | FIRST (50% off) |
| Paul-tested | Research-based | Research-based |
FTMO uses Static while Sway Funded uses EOD-trailing (no lock). Your risk approach needs to adjust when switching.
Fixed-dollar MLL below starting balance. Never moves. Simplest mental model.
MLL trails end-of-day equity-high with no lock. Pure trailing-up.
FTMO offers 4 plans. Sway Funded offers 3 plans.
FTMO's cheapest evaluation is $280. Sway Funded's cheapest is $269. Sway Funded wins on entry price marginally.
FTMO uses Static. Sway Funded uses EOD-trailing (no lock). These are fundamentally different — your risk model needs to change when switching between them.
FTMO: 80% / 90%. Sway Funded: Up to 90/10.
FTMO is research-based on this site — Paul has not yet completed a full evaluation cycle there. Sway Funded is research-based — see the main review for the data sourcing methodology.
Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.
FTMO payout cadence: Bi-Weekly. Sway Funded: Within 24 hours of request. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.
No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.
Drawdown mechanic comes first. Both firms run trailing mechanics — winners decide on entry price and payout speed. After mechanic, evaluate payout speed and your strategy's drawdown profile.