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%ersFTMOFundedNext
Founded201620152022
BaseIsraelCzech Republic (Prague)UAE (Dubai)
Daily loss ruleYes (High Stakes 5%, Hyper Growth 3%)Yes (5%)Yes (5%)
Profit split75%–100% (by program)80% (up to 90% on conditions)80%–90% (by plan)
Evaluation feeFrom $19$89–$1,080$59–$1,099
Time limitUnlimited (High Stakes / Hyper Growth)UnlimitedUnlimited
PlatformMT4 / MT5 / Match-TraderMT4 / MT5 / cTrader / DXtradeMT4 / MT5

A correction up front: earlier versions of this article called The5%ers “the reference point for swing trading” on the strength of a no-daily-loss plan. That plan does not exist in the current lineup — every The5%ers program carries a daily loss limit — so the three firms here now compete on other swing-relevant terms: unlimited evaluation clocks, static drawdowns, and hold permissions. If a genuinely absent daily loss is what you need, see the no-daily-loss roundup instead. Among these three, 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 — unlimited clock and static drawdown, but no escape from daily loss rules

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.

First, the correction: earlier versions of this section said The5%ers offered a plan with no daily loss rule. It does not — High Stakes carries a 5% daily loss limit and Hyper Growth a 3% one — and the Instant Funding product we also mentioned has been discontinued (its page returns 404).

Why it suits swing trading

  • No time limit on High Stakes or Hyper Growth, so multi-week positions face no evaluation deadline
  • The High Stakes max loss (10%) is static, measured on the initial balance — it does not trail your profits upward
  • The profit split scales in stages up to 100% (the High-Stakes Challenge starts at 80%)
  • Broad platform support across MT4 / MT5 / Match-Trader

Caveats

  • Daily loss limits apply on every program (High Stakes 5%, Hyper Growth 3%), so overnight gaps against a large open position can still fail the account
  • Weekend and news-hold permissions differ by program — check the official site
  • A flat 3.5% is deducted from every cash withdrawal
  • On 2026-08-01 this site re-rated The5%ers from High to Low trust (★4.6→3.3) after the firm itself acknowledged payout delays in March 2026 — keep the ticket small

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). Longer holds mean growing unrealized swings, so sizing must keep you well clear of the line
  • 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. Accept that all three impose a daily loss rule — and size for it

None of the three escapes a daily loss limit: The5%ers runs 5% on High Stakes and 3% on Hyper Growth, and FTMO and FundedNext both impose 5%. On longer holds where unrealized losses tend to grow, position-size management that keeps you off this line is a prerequisite everywhere. If you specifically need no daily loss rule, that requirement now points outside these three — see the no-daily-loss roundup.

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.

If you are starting out with swing trading as your core approach, the natural base is FTMO, whose unlimited clock and long track record fit multi-week holds — provided your sizing respects its 5% daily loss line.

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.

The free trial lets you test everything at no cost, and the 2-Step Challenge fee is refunded with your first payout after passing (no refund if you fail). See the FTMO free trial guide.

→ See FTMO official

The5%ers — for building up from a small ticket

Operating since 2016. Three plans run in parallel — the one-step Hyper Growth, the two-step High Stakes and the three-step Bootcamp — with fees from $19. The profit split climbs in steps toward 100%, but a flat 3.5% is deducted from every withdrawal. On 2026-08-01 this site re-rated The5%ers from High to Low trust (★4.6→3.3) after the firm itself acknowledged payout delays in March 2026. If you use it, keep the ticket small and confirm your first payout arrives before scaling up.

→ See The5%ers official (coupon code “HZZS4” applies a discount)