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Home Compare FTMO vs Sway Funded
⚔ Head-to-Head Updated 2026-05-15 · Both firms reviewed by Paul

FTMO vs Sway Funded (2026)

Side-by-side: drawdown, payouts, pricing, platforms. FTMO uses Static, Sway Funded uses EOD-trailing (no lock) — these are different beasts.

Quick verdict
Entry price
Sway Funded
Drawdown protection
Tie
Paul-tested
Neither
Profit split
Toss-up
Plans on offer
FTMO

Side-by-Side Specs

Dimension FTMO Sway Funded
Drawdown mechanicStaticEOD-trailing (no lock)
Cheapest eval$280$269
Profit split80% / 90%Up to 90/10
Payout frequencyBi-WeeklyWithin 24 hours of request
Max funding$200,000$200,000
Max payout
AssetsForex, Indices, Commodities, Metals, CryptoForex
PlatformsMetaTrader 4, MetaTrader 5, cTraderMT5 [CONFLICTING — third-party], Liquid Charts / Liquid Charts Pro [reported]
Payout methodsCrypto
Promo codeFIRST (50% off)
Paul-testedResearch-basedResearch-based

Drawdown — The Single Most Important Difference

FTMO uses Static while Sway Funded uses EOD-trailing (no lock). Your risk approach needs to adjust when switching.

FTMO

Static

Fixed-dollar MLL below starting balance. Never moves. Simplest mental model.

Sway Funded

EOD-trailing (no lock)

MLL trails end-of-day equity-high with no lock. Pure trailing-up.

Account Plans Compared

FTMO offers 4 plans. Sway Funded offers 3 plans.

FTMO plans

  • 2-Step Challenge $50K
    Starting $50,000 · $280 · 14d cycle
  • 2-Step Challenge $100K
    Starting $100,000 · $540 · 14d cycle
  • 2-Step Challenge $200K
    Starting $200,000 · $1080 · 14d cycle
  • 1-Step Challenge $50K
    Starting $50,000 · $319 · 14d cycle

Sway Funded plans

  • Rapid (1-step)
  • Regular (2-step)
    Starting $50,000 · $269 · 4d cycle
  • Instant (0-step)
    Starting $50,000 · $449 · 4d cycle

Who Fits Which Firm

→ Pick FTMO if

  • You want a Static mechanic
  • Your strategy fits this firm's drawdown profile

→ Pick Sway Funded if

  • You want a EOD-trailing (no lock) mechanic
  • Entry price matters — $269 beats $280
  • You want to diversify firm-risk alongside FTMO

FAQ — FTMO vs Sway Funded

Is FTMO or Sway Funded cheaper to start?

FTMO's cheapest evaluation is $280. Sway Funded's cheapest is $269. Sway Funded wins on entry price marginally.

What's the drawdown difference between FTMO and Sway Funded?

FTMO uses Static. Sway Funded uses EOD-trailing (no lock). These are fundamentally different — your risk model needs to change when switching between them.

Which firm has the better profit split?

FTMO: 80% / 90%. Sway Funded: Up to 90/10.

Has Paul personally tested both firms?

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.

Can I run both FTMO and Sway Funded accounts simultaneously?

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.

Which firm pays out faster?

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.

Are there overlap restrictions if I trade both?

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.

If I had to pick one, what's the deciding factor?

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.