Click Here | About Swift Funding
Swift Funding is a new leading prop firm dedicated to bringing professionalism and support to the prop trading space.
Year Founded: Swift Funding was founded in 2024 and has quickly established itself as a notable prop firm within the retail trading space.
Founder and CEO: The firm was co-founded by Matthew Leech, who also serves as CEO. Matthew Leech has years of experience in the financial markets and is also the CEO of MyFundedFX.
Office Address: Swift Funding operates from Hong Kong, providing global services to retail traders.
Challenge Summary: Swift Funding offers traders two key evaluation models to assess their trading skills:
- 1-Step Challenge: Traders must achieve a profit target of 10% while maintaining a maximum daily loss of 5% and a maximum overall loss of 8%.
- 2-Step Challenge: Similar rules apply but split into two evaluation phases. Once traders pass, they receive a fully funded account. Traders can showcase their skills by choosing from account sizes up to $200,000. Consistent performance allows traders to keep 80% of their profits.
Main Trading Rules for Challenges
- Profit Target: 10%
- Trading Period: Unlimited
- Minimum Trading Days: 1 day
- Maximum Account Balance Loss: 8%
- Maximum Daily Loss: 5%
Trading Platforms: Swift Funding supports cTrader, Match-Trader, and DXTrade for all trading activities.
Payment Methods
Traders can fund their accounts using:
- Credit/Debit Cards.
- Cryptocurrency.
- Bank Transfers.
Payout Methods
Payouts are processed through:
- Bank Transfers
- Cryptocurrency (via Coinbase Commerce).
Traders can request payouts once they meet the profit criteria, with a minimum withdrawal of $50.
Swift Funding Specific Trading Rules
- Expert Advisors (EAs): Not allowed.
- Copy Trading: Allowed only on own accounts.
- News Trading: Allowed only during the challenge.
- Weekend Holding: Not allowed; overnight holding is permitted.
Key Information
- Country: Hong Kong
- Year Founded: 2024
Explore Previous Valuable Insights!
Stay away from this prop firm
Stay away from this prop firm. They are unhelpful when you have issues the support is almost non existent as it can take days to get an answer or they are rude to you.
Owner is a bit arrogant as well & platform is pure garabge.
I think these guys were the same people from Phantom Trading. Wannabe traders who sell courses and prop challenges because they couldn’t cut in the markets.
Very disappointed with their service
Very disappointed with their service to say the least. Bad customer service and experience and bad platform glitch upon glitch. Account number 74916
No funded account give
No funded account give after i passed mine
I jumped on this hype train
I jumped on this hype train, but it quickly became frustrating. My $90k all gone. Their support? A disaster, just standard responses. Total letdown. With echelonis elitus, money rains like nobody’s business. I couldn’t be more happy I joined them.
Unprofessional Communication from CEO
I was a funded trader from Swift, once they closed doors they said that all funded traders will be migrated to MFFX. They did not migrate us (traders who have received a payout and refund) to MFFX. They dangled a carrot on a stick in front of us for 3 weeks, just to let us know in Discord chat instead of a professional email.
Please SWT change Broker
I have never seen a prop like this before – spreads are way beyond normal. It’s the worst prop I have ever tried, and I’ve tried quite a few. The support is practically useless, truly terrible. For my scalping operations, it’s awful. I input the 0.5% risk into my lot size calculator (same process I follow on other accounts), open the trade, and start with a 0.3% negative. Support suggests using pending orders. Ridiculous.
Please SWT change Broker
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