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Updated 2026-03-08
The5ers vs Sway Funded: Which Prop Firm Is Better?
Traders choosing between The5ers and Sway Funded face a decision between an established prop firm with extensive scaling opportunities versus a newer firm offering unrestricted daily trading flexibility. The most significant difference lies in daily loss limits—The5ers caps daily losses at 3% while Sway Funded imposes no daily restrictions, potentially appealing to different risk management styles. The5ers also offers substantial scaling up to $4 million, while Sway Funded's scaling capabilities remain unclear. This comparison examines the key differences in rules, reputation, and suitability for different trading approaches.
T
The5ers
Est. 2016 · Raanana, Israel
4.8
23,555 reviews
VS
1 wins
6 ties
1 wins
SF
Sway Funded
Est. 2024 · N/A
4
200 reviews
Feature
The5ers
Sway Funded
Phase 1 Profit Target
10%
N/A
Max Daily Loss
3%
No limit✓ No daily loss limit
Max Total Loss
6%
N/A
Time Limit (Phase 1)
No limit
No limit
Payout Split
100%
N/A
Payout Frequency
monthly
N/A
Platforms
N/A
N/A
Max Account (Scaling)
$4,000,000✓ Scaling available
N/A
The5ers
Pros
+Scale up to $4M in funded trading capital with industry-leading spreads
+Up to 100% profit split with transparent one-time fees
+Unlimited time limit for evaluations with no consistency rules
+24/7 support and guidance with free educational resources
+10+ years active with 262K funded traders and reliable payouts
Cons
−Limited leverage at 1:30 compared to some competitors
−One-time fee of $260 applies to all account sizes
−Daily pause rule at 3% may limit aggressive trading strategies
Sway Funded
Pros
+Growing firm with aggressive expansion through acquisitions of established prop firms
+Significant trader base of over 70,000 traders achieved within first year
+Track record of large payouts including $165,000 single reward to trader
+Experience-focused approach differentiating from traditional prop trading firms
Cons
−Very new firm founded in 2024 with limited operational track record
−Lack of detailed trading rules and account information publicly available
−Rapid growth through acquisitions may create integration challenges
Our Verdict
Which Should You Choose?
The5ers is the better choice for most traders, particularly those focused on long-term growth and account scaling. With 8 years of operation, a 4.8/5 Trustpilot rating from 21,000 reviews, and clear scaling up to $4 million, The5ers offers proven reliability and substantial growth potential. The 3% daily loss limit, while restrictive, forces disciplined risk management that benefits most traders' long-term success.
Sway Funded suits aggressive day traders and scalpers who need unlimited daily drawdown flexibility and don't prioritize long-term scaling. However, with only one year in operation, 200 reviews, and unclear scaling policies, Sway Funded presents significantly higher operational risk. For most traders, The5ers' established track record and clear growth path outweigh Sway Funded's daily loss advantage.
Choose The5ers if:
→Scale up to $4M in funded trading capital with industry-leading spreads
→Up to 100% profit split with transparent one-time fees
→Unlimited time limit for evaluations with no consistency rules
→24/7 support and guidance with free educational resources
Choose Sway Funded if:
→Growing firm with aggressive expansion through acquisitions of established prop firms
→Significant trader base of over 70,000 traders achieved within first year
→Track record of large payouts including $165,000 single reward to trader
→Experience-focused approach differentiating from traditional prop trading firms
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.