The bottom line — comparison table for the three swing-friendly firms
Swing trades stay open for days or weeks, so the criteria for picking a prop firm are different from day trading. What matters most: whether a daily loss limit applies, whether you can hold through weekends and news events, and whether the evaluation clock is unlimited (or at least generous). Here are the three firms we cover that suit swing trading best.
| The5%ers | FTMO | FundedNext | |
|---|---|---|---|
| Founded | 2016 | 2015 | 2022 |
| Base | Israel | Czech Republic (Prague) | UAE (Dubai) |
| Daily loss rule | Plan available with none | Yes (5%) | Yes (5%) |
| Profit split | 50%–100% (by program) | 80% (up to 90% on conditions) | 80%–90% (by plan) |
| Evaluation fee | From $95 | $89–$1,080 | $59–$1,099 |
| Time limit | By program (confirm) | Unlimited | Unlimited |
| Platform | MT4 / MT5 / Match-Trader | MT4 / MT5 / cTrader / DXtrade | MT4 / MT5 |
If you are unsure, start with The5%ers — its no-daily-loss-rule plan makes it the reference point for swing trading. Choose FTMO for its long operating history (it also offers some Japanese-language support), or FundedNext for a low-cost entry and several models to try.
Three things to check before you choose
1. Does a daily loss limit apply?
A swing trade sits open for days, so stretches where the unrealized loss temporarily balloons are unavoidable. With a daily loss limit in place, a mark-to-market drawdown can fail your account while the position is still open. Plans with no daily loss rule, or a loose ceiling, are the most swing-friendly.
2. Are weekend and news holds allowed?
Whether you can carry a position past Friday, or hold through a major data release, varies widely by firm and plan. If weekend holds are banned, you have to flatten everything on Friday — and a swing strategy simply cannot work. These terms change often, so check the official site before signing up.
3. Is the time limit unlimited (or at least generous)?
Swing profits accumulate over weeks, so a timed evaluation works against you. An unlimited plan lets you reach the profit target at your own pace.
Firm-by-firm breakdown
The5%ers — best for swing trading with its no-daily-loss-rule plan
The5%ers was founded in 2016 and is based in Israel. Ten years of operation (as of 2026) make it one of the industry’s oldest firms, and it publishes cumulative payout figures on an ongoing basis — a level of transparency that is still rare in this space.
Why it suits swing trading
- Its own materials pitch it as swing-friendly, with a plan that has no daily loss rule
- A single day’s unrealized loss is unlikely to disqualify you, which makes holds of several days to several weeks easier
- The profit split scales in stages up to 100% (the High-Stakes Challenge starts at 80%)
- Broad platform support across MT4 / MT5 / Match-Trader
- Instant Funding opens an account immediately with no evaluation, if that suits your style better
Caveats
- Weekend and news-hold permissions differ by program — check the official site
- Instant Funding skips the evaluation, but the fee runs higher
- Being based in Israel arguably carries more geopolitical risk than peers, though nothing significant has surfaced over ten years of operation
For full details on the rules, see The5%ers rules explained.
FTMO — unmatched track record, but with restrictions on news trading
FTMO was founded in 2015 and is based in Prague, Czech Republic. Eleven years of operation (as of 2026) put it among the industry’s oldest, with an extensive published payout record and third-party verification behind it.
Why it suits swing trading
- No time limit (since the rule revision), so you can work toward the profit target over several weeks
- The minimum trading requirement is four days, so you are not forced into day trading
- Some Japanese-language support is available (the English version remains the source of truth)
- The profit split starts at 80% and rises to 90% if you meet the conditions
Caveats (from a swing perspective)
- A 5% daily loss limit applies. Unrealized losses grow on longer holds, so you need sizing that keeps you well clear of the line
- Trading around major data releases is reportedly restricted. That works against swing positions held through the news — read the terms carefully
- A “consistency rule” makes any single trade’s profit above a set share of the total ineligible for payout, so a style built around one big winner can get stuck
- Check the official site on whether weekend holds are allowed
For full details on the rules, see FTMO’s evaluation steps and the individual firm files.
FundedNext — a low-cost newcomer with several models to try
FundedNext is a newcomer founded in 2022 and based in Dubai. Its draw is flexibility — a choice of several models, from the two-stage Evaluation to the one-stage Express, Stellar, and more — plus low evaluation fees.
Why it suits swing trading
- Unlimited-time plans are available, so there is no deadline pressure on your holds
- Evaluation fees start at $59, cheap enough to test a swing strategy in small size
- The profit split starts at 80% and rises to 90% if you meet the conditions
- The minimum trading requirement is five days, so you are not pushed into a sprint
Caveats (from a swing perspective)
- A 5% daily loss limit applies (Evaluation). Managing unrealized losses is tougher here than on The5%ers’ no-daily-loss-rule plan
- Check the official site on weekend and news holds
- Its history is short (since 2022) and it revises rules and profit splits fairly often, so re-check the latest terms each time
- The UAE regulatory environment has shifted in recent years — worth watching if you plan to stay long term
For details, see FundedNext compared with other firms.
Watch out for firms that prohibit weekend holds
The easiest rule to overlook in swing trading is a ban on weekend holds. Some firms and plans require every position to be flat by Friday’s close, and violating that can mean disqualification or forfeited profits.
Our firm profiles do not state weekend-hold permissions for these three firms, so whichever one you choose, confirm in the latest official terms whether weekend and news holds are allowed. It is the single most important check before you pay, because it decides whether a swing strategy can work at all.
Three criteria for choosing
1. Narrow down by whether a daily loss rule applies
If swing suitability is your top priority, The5%ers — with its plan that has no daily loss rule — is the front-runner. FTMO and FundedNext both impose a maximum daily loss of 5%, so on longer holds where unrealized losses tend to grow, position-size management that keeps you off this line is a prerequisite.
2. Settle weekend and news holds before you sign
Since our files do not state it explicitly, whether weekend and news holds are allowed is something to “confirm on the official site.” Because it directly determines whether your swing strategy succeeds, settle it in the terms before you apply.
3. Balance cost against operating track record
If you value a long track record, FTMO (since 2015) and The5%ers (since 2016) are the benchmarks; if you want to try at low cost, FundedNext (evaluation fees from $59) is the guide. If you want to keep evaluation fees down, also check the coupon information to lower your initial cost.
Make the final investment decision yourself. This site does not provide investment advice and does not guarantee profits.
Recommended firms
If you are starting out with swing trading as your core approach, the two firms at the center are The5%ers, with its plan that has no daily loss rule, and FTMO, with its long track record.
The5%ers — swing-friendly with its no-daily-loss-rule plan
A veteran with ten years of operation (since 2016). It offers a plan with no daily loss rule, suited to holds of several days to several weeks. The profit split scales in stages up to 100%.
→ See The5%ers official (coupon code “HZZS4” applies a discount)
FTMO — the reassurance of the industry’s largest
The industry standard, with eleven years of operation (since 2015). Unlimited time lets you pursue your target over several weeks, but the news-trading restriction and the 5% maximum daily loss are points to watch in swing trading. It publishes one of the industry’s largest cumulative payout figures.