Choosing The Best Prop Firm For Swing Traders

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There are several key steps to choosing the best prop firm for swing traders. Compared to other strategies, swing traders select entry/exit points based on sudden market trends.

Typically, these traders hold positions for multiple days to capitalize on the latest trends. As a full-time swing trader, look for prop firms that provide technical analysis tools to monitor daily price movements. In addition, check whether the prop trading firm supports your preferred swing trading strategies.  

As a reliable prop firm, Funding Traders supports multiple swing trading strategies. Join Funding Traders and leverage:

  • Support For News Trading
  • Large Swing-Friendly Account Sizes – Up To $2M
  • No Commission On Challenge Accounts
  • Faster 7-Day Payouts

Read on to learn how to choose a reputable prop firm for swing traders.

Flexibility To Hold Positions Overnight/Weekends

A prop firm for swing traders must support flexibility to hold positions overnight/on weekends. Typically, swing traders capitalize on price fluctuations occurring over a few days or the weekend. Many prop firms may not support overnight/weekend holding to prevent high-risk trades.

Of course, swing traders still prefer holding trades for multiple days to maximize profits from longer trends. Select a prop firm that encourages overnight/weekend holding – allowing you to close bigger positions for a longer time.

To accommodate swing trading strategies, Funding Traders allows you to hold positions for longer days. This way, you can capture long-term price movements and maximize earnings. Of course, you should still consider a few factors to mitigate losses on overnight/weekend holds, including:

  • Optimize your strategy to tackle a wider spread on everyday price movements
  • Expect a wider-than-usual spread on Monday after the weekend
  • Factor in the swap charges applied for overnight/weekend holding

Indeed, look for swing trading prop firms that allow overnight/weekend holding.

No-Time Limit Evaluations

Next, choose a prop firm for swing traders that offers no-time limit evaluations. With a focus on larger price movements, many swing traders may evaluate market charts after a few days. A prop firm with a 30-day challenge target may restrict traders from completing profit targets. Instead, no-time limit forex prop firms allow swing traders to complete profit thresholds and get funded – without bearing the underlying pressure.  

With support for swing trading strategies, Funding Traders supports no-time limit for all challenge accounts. Choose between a 1-step or 2-step prop firm challenge and trade at your own pace to complete realistic profit targets:

  • Profit Targets (1-Step): 10%
  • Profit Targets (2-Step Phase 1): 10%
  • Profit Targets (2-Step Phase 2): 5%
  • Maximum Drawdown (1-Step): 5%
  • Maximum Drawdown (2-Step): 5%
  • Daily Drawdown (1-Step): 4%
  • Daily Drawdown (2-Step): 10%

With no-time limit evaluations, you can follow your swing strategy and avoid psychological stress. Certainly, start your journey with a swing trading prop firm supporting no-time limit evaluations.

Swing-Friendly Leverage

In addition, search for prop firms with a higher swing-friendly leverage. Ultimately, the available leverage on your forex-funded account can directly impact your trading success. Many prop firms for beginner swing traders may offer conservative leverage of 1:30 on swing trading accounts – limiting your ability to hold larger positions. Join a prop firm with competitive leverage best suited for your risk tolerance and swing trading strategies.

Funding Traders offers a default 1:100 leverage across all forex-funded accounts, including:

  • $10K Funded Account
  • $25K Funded Account
  • $50K Funded Account
  • $100K Funded Account
  • $200K Funded Account

Take advantage of higher leverage to control larger positions and capitalize on multi-day price movements. Indeed, the best prop firms for swing traders should support a higher forex leverage.

Support For Multiple Instruments

Choose a prop firm for swing traders that supports multiple instruments. Compared to scalpers, swing traders often diversify strategies to generate profits in different asset classes. Ideally, select legitimate prop firms that allow swing traders to choose from a wide variety of instruments. To support multi-instrument swing strategies, Funding Traders supports a diverse range of financial markets, including:

  • FX (Forex)
  • Crypto (Cryptocurrencies)
  • Stocks
  • Indices
  • Metals

As a prop firm that allows crypto trading, forex, and stocks – traders like yourself have unlimited opportunities to diversify profit potential in different markets

With support for multiple financial markets, you can still select instruments with reasonable market volatility. This way, your swing trading strategies can generate profits from instruments with decent price movements. Indeed, the best swing trading prop firms must support multiple instruments.

Competitive Profit Splits

Choose the best prop firm with a competitive profit split for swing traders. Many swing trading prop firms offer a limited 60/40 profit split in the trader’s favor. Carefully compare the profit-sharing arrangements to make an informed decision. Ultimately, a fair and competitive profit split inspires traders to stay consistent, risk-efficient, and disciplined.

As a reputed prop firm, Funding Traders rewards you with a default 80-20 profit split in your favor. This competitive profit ratio is structured to meet the unique expectations of swing traders.

>> Sign up for exclusive add-ons to increase your profit split up to 100% and keep all your earnings.

Definitely, select the best swing trading prop firm with a higher competitive profit split.

There are several steps to choosing a reliable prop firm for swing traders. To capitalize on long-term price movements – sign up for a prop firm offering flexibility to hold trades overnight and over the weekend. Next, your prop firm should offer a no-time-limit funding challenge in forex to ensure you can complete the evaluation at your own pace.

Your prop firm must also provide higher forex leverage to maximize profits from long-term market movements. Of course, support for multiple trading instruments is another factor to select a reliable prop trading company. Finally, compare the available profit splits and choose a prop firm with a competitive up to 100% profit-sharing arrangement.

Ready to start your journey as a swing trader? Click here to open a swing trading challenge account.

Author of this article

Stan

Stan

Growing up in New York City, Stan started his Wall Street career at the age of 18 working for a reputed stock brokerage firm. After working comprehensively for a wealth management group in the States, Stan switched to investment management - followed up by a full-time trading career in traditional prop firms. Today, he shares his wisdom, strategies, and funding to aspiring traders looking to trade big like industry professionals. When he's not analyzing charts, making strategic decisions, and shooting videos, Stan loves writing down these informative value-driven posts to support aspiring traders across the globe.

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