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Updated 2026-03-08
FXIFY vs Sway Funded: Which Prop Firm Is Better?
Traders choosing between FXIFY and Sway Funded face a decision between a structured evaluation process and flexible trading conditions. FXIFY offers a traditional two-phase challenge with multiple platform options and clear rules, while Sway Funded eliminates daily loss limits and minimum trading requirements with their single-phase approach. This comparison examines their evaluation structures, trading restrictions, platform support, and overall value proposition to help you determine which firm aligns with your trading strategy and risk management style.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
4 wins
7 ties
3 wins
SF
Sway Funded
Est. 2023 · N/A
4
200 reviews
Feature
FXIFY
Sway Funded
Challenge Price ($100K)
$59
N/A
Phase 1 Profit Target
10%
N/A
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
10%
N/A
Min Trading Days
0 days
None✓ No minimum
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
N/A
FXIFY
Pros
+First payout on demand after closing first trade - no minimum days or targets
+Up to $400,000 starting capital with scaling up to $4M available
+No consistency rules, no stop loss required, weekend holding allowed
+EAs, Martingale & Grid strategies allowed with flexible trading conditions
+$35M+ already paid out to traders with highest single payout of $117,000
Cons
−Relatively new firm established in 2023 with shorter track record
−Higher leverage options require add-ons at checkout (up to 1:50)
−Some account customization features require additional fees
−Limited information on specific challenge pricing for larger accounts
Sway Funded
Pros
+Rapid expansion with acquisitions of MyFlashFunding, Glow Node, and Karma Prop
+Growing community of over 70,000 traders
+Awarded large trader payout of $165,000
+Focus on trader experiences as core mission
Cons
−Relatively new firm founded in 2024
−Limited detailed information available on trading rules and conditions
−No specific account sizes or pricing information provided
Our Verdict
Which Should You Choose?
FXIFY suits traders who value platform variety, news trading opportunities, and structured progression through their evaluation process. With MT4, MT5, and DXtrade support plus allowance for news trading and EAs, it's ideal for algorithmic traders and those who trade economic announcements. The 4.4/5 Trustpilot rating from 5,000 reviews also provides stronger social proof than Sway Funded's 200 reviews.
Sway Funded appeals to traders who prefer maximum flexibility and minimal restrictions during evaluation. The absence of daily loss limits and single-phase structure removes common stumbling blocks that trip up traders in traditional prop firm challenges. However, the lack of available information about their platform options, pricing, and specific terms makes it difficult to fully evaluate their offering.
For most traders, FXIFY represents the safer choice with transparent terms, proven track record, and comprehensive platform support. Choose Sway Funded only if you specifically need the flexibility of no daily loss limits and can accept the uncertainty around their less-established offering.
Choose FXIFY if:
→First payout on demand after closing first trade - no minimum days or targets
→Up to $400,000 starting capital with scaling up to $4M available
→No consistency rules, no stop loss required, weekend holding allowed
→EAs, Martingale & Grid strategies allowed with flexible trading conditions
Choose Sway Funded if:
→Rapid expansion with acquisitions of MyFlashFunding, Glow Node, and Karma Prop
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.