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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Sway Funded Sway Funded
The Concept Trading The Concept Trading
Overview
Asset Type CFD CFD
Country Saint Lucia Australia
Established Feb 2024 Aug 2021
Technology Proprietary White-Label
Platforms Proprietary Trading View
Trading Rules
Profit Split 80% base, up to 90% with the 20/10 add-on (Rapid & Regular); up to 75% (Instant) Best 50-90% (tiered, up to 90% with 90% Lock Rule)
Daily Drawdown 5% base / 10% with 20/10 add-on (Rapid & Regular); 3% (Instant) None (static drawdown only — 3% Xtreme, 4% Traditional, 5% Premier, 6% Foundation, 10% Empire)
Payout Frequency On demand
Rewards paid within 24 hours; profit-sharing payments made periodically as defined on the website
Weekly
1 payout per calendar month per account per Terms cl. 12.17; weekly payout cadence advertised on homepage. 90% Lock Rule lets traders lock account and receive 90% of profits from that point.
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • Up to 90% profit share, rewards paid within 24 hours, no consistency rule on Rapid & Regular challenges, unlimited time limit, 300+ instruments (Forex, commodities, stocks, indices, crypto), instant funding option, account sizes up to $200,000
  • 1-step evaluation across most programs, Instant Funding option, static drawdown (no daily drawdown limit), no time limits, scale up to $50M, trade any style (scalping/swing/EA allowed), 1:200 leverage on most tiers, weekly payouts, Pro spreads with commission model, up to 3 accounts, 90% Lock Rule
Main Drawbacks
  • Proprietary platform only (no MT4/MT5), Instant plan caps reward at 75% with a 20% consistency rule and 8-day minimum, 3-5% daily drawdown on base accounts, unregulated simulated-trading model, no refunds on challenge fees
  • Tiered profit split starts at 50% and scales to 90% (only at Max Equity), only 1 payout per calendar month per Terms cl. 12.17, 6-week inactivity termination rule, Xtreme tier has only 1:30 leverage, AUD-denominated checkout
Offers & Promo Codes
Active Offers No offers No offers

Challenge Details

Sway Funded Challenges

24 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$10
one-time (list price, no promo code)
$1K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$13
one-time (list price, no promo code)
$1K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$22
one-time (list price, no promo code)
$2.5K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$35
one-time (list price, no promo code)
$2.5K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$36
one-time (list price, no promo code)
$5K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$40
one-time (list price, no promo code)
$1K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None
$59
one-time (list price, no promo code)
$5K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$66
one-time (list price, no promo code)
$10K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$99
one-time (list price, no promo code)
$10K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$99
one-time (list price, no promo code)
$2.5K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None
$156
one-time (list price, no promo code)
$25K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$199
one-time (list price, no promo code)
$5K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None
$199
one-time (list price, no promo code)
$25K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$289
one-time (list price, no promo code)
$50K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$319
one-time (list price, no promo code)
$50K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$399
one-time (list price, no promo code)
$10K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None
$499
one-time (list price, no promo code)
$100K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$555
one-time (list price, no promo code)
$100K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$679
one-time (list price, no promo code)
$150K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$749
one-time (list price, no promo code)
$150K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$849
one-time (list price, no promo code)
$200K 2 Steps P1: 10%/20%
P2: 8%/16%
P1: 5%/10%
P2: 5%/10%
P1: 10%/20%
P2: 10%/20%
Up to 90% None
$949
one-time (list price, no promo code)
$200K 1 Step P1: 15%/30%
P1: 5%/10%
P1: 10%/20%
Up to 90% None
$996
one-time (list price, no promo code)
$25K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None
$1990
one-time (list price, no promo code)
$50K Instant P1: Min. 8%
P1: 3%
P1: 8%
Up to 75% None

The Concept Trading Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$297
AUD
$3K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$497
AUD
$5K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$997
AUD
$10K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$2497
AUD
$25K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None