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⚔ Head-to-Head Updated 2026-05-16 · Both firms reviewed by Paul

FundingPips vs Sway Funded (2026)

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

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

Side-by-Side Specs

Dimension FundingPips Sway Funded
Drawdown mechanicStaticEOD-trailing (no lock)
Cheapest eval$29$269
Profit split60% (Weekly) / 80% (Bi-weekly)Up to 90/10
Payout frequencyTunable: Weekly / Bi-weekly / Within 24 hours of request
Max funding$2,000,000$200,000
Max payout
AssetsForex, Metals, Indices, Energies, CryptoForex
PlatformsMT5, cTrader, Match-Trader, TradeLockerMT5 [CONFLICTING — third-party], Liquid Charts / Liquid Charts Pro [reported]
Payout methodsBank wire, Visa Direct, Mastercard, Crypto, RiseworksCrypto
Promo codeVIBES (20% off)FIRST (50% off)
Paul-testedResearch-basedResearch-based

Drawdown — The Single Most Important Difference

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

FundingPips

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

FundingPips offers 11 plans. Sway Funded offers 3 plans.

FundingPips plans

  • 2-Step Standard $5K
    Starting $5,000 · $36
  • 2-Step Standard $10K
    Starting $10,000 · $66
  • 2-Step Standard $25K
    Starting $25,000 · $156
  • 2-Step Standard $50K
    Starting $50,000 · $289
  • 2-Step Standard $100K
    Starting $100,000 · $529
  • 2-Step Pro $5K
    Starting $5,000 · $29

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 FundingPips if

  • You want a Static mechanic
  • Entry price matters — $29 beats $269
  • Your strategy fits this firm's drawdown profile

→ Pick Sway Funded if

  • You want a EOD-trailing (no lock) mechanic
  • You want to diversify firm-risk alongside FundingPips

FAQ — FundingPips vs Sway Funded

Is FundingPips or Sway Funded cheaper to start?

FundingPips's cheapest evaluation is $29. Sway Funded's cheapest is $269. FundingPips wins on entry price by $240.

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

FundingPips 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?

FundingPips: 60% (Weekly) / 80% (Bi-weekly). Sway Funded: Up to 90/10.

Has Paul personally tested both firms?

FundingPips 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 FundingPips 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?

FundingPips payout cadence: Tunable: Weekly / 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.