7 Best Prop Firms for Swing Traders

Swing trading is an exciting strategy to help traders maximize their profits, especially during volatile market conditions. However, reaching your swing trading goals can be challenging, especially without enough capital to pursue your strategy.  We will also touch upon If you want to learn how to make 50k overnight with prop firms.

It’s common for traders to feel stuck, even when they know what to do. Fortunately, a proprietary or prop firm can help swing traders overcome this hurdle by providing the funding they need to execute their strategies. 

In this guide, we’ll explore the best prop firms for swing traders and how to select the one that best meets your unique needs. 

What Are Prop Firms

Understanding Prop Firms

Proprietary trading firms, commonly called prop firms, provide traders with access to the firm’s capital in exchange for a share of the profits generated by those traders. Unlike traditional employment, traders working with prop firms operate as independent contractors rather than salaried employees. This means they do not receive a fixed income; their earnings depend solely on the profits they can produce through trading.

To ensure that traders consistently deliver results, most prop firms require candidates to pass a rigorous evaluation process before granting access to live funding. While a few firms offer the option to bypass evaluations, this usually comes with significantly higher fees and stricter conditions. Additionally, once funded, traders must adhere to specific rules and limits set by the firm, which vary depending on the company’s policies. 

Trading with a prop firm’s capital offers several advantages, particularly for traders with insufficient personal funds to trade at scale. By leveraging the firm’s resources, traders can access much larger capital pools than they could independently, amplifying potential profits. This arrangement also protects traders from risking their money, reducing personal financial exposure. However, this benefit comes with trade-offs. 

Prop firms impose rules designed to manage risk and protect their capital, which can restrict the types of strategies and trading styles a trader may use. The degree of these restrictions varies widely between firms, with some allowing more freedom and others enforcing tight controls on trade duration, position sizing, and market exposure. 

Evaluating and Getting Evaluated by Prop Firms 

A critical aspect of prop trading is the evaluation process, which tests a trader’s ability to generate consistent profits while managing risk effectively. This typically involves meeting profit targets within a set timeframe and staying within drawdown limits. Many firms use multi-phase evaluations, where traders must achieve a higher profit goal and confirm their performance in a verification phase with slightly adjusted targets. 

Some firms have introduced streamlined one-step evaluations, simplifying the process by combining these phases into a single challenge, allowing traders to reach funded status more quickly. Understanding the evaluation criteria and aligning one’s trading approach accordingly is essential for success, especially for swing traders who hold positions over more extended periods.

Who are Swing Traders

Swing traders focus on capturing market gains from price fluctuations over short—to medium-term time frames. They usually hold positions for a few days up to several weeks. Swing trading sits between day trading and longer-term position trading. Unlike day traders, who execute multiple trades within a single day, swing traders target larger price shifts occurring within a trend. 

They aim to identify moments when the market is poised to reverse or continue a trend. This style of trading appeals to those who prefer not to monitor the markets constantly throughout the day, yet still want to engage with price fluctuations actively.   

The understanding that financial markets rarely move in a straight line is at the core of swing trading. Instead, prices tend to oscillate in waves or “swings.” Swing traders use this natural market rhythm to their advantage by pinpointing key support and resistance levels where price reversals or continuations are likely to occur. 

They rely heavily on technical analysis tools such as moving averages, momentum indicators like the Relative Strength Index (RSI), and chart patterns to time their entries and exits. Many swing traders wait for confirmation that a countertrend move has ended before entering a trade, aiming to ride the dominant trend until signs of exhaustion appear. 

What Markets Do Swing Traders Operate In?  

Swing traders operate across various asset classes, including stocks, forex, commodities, and cryptocurrencies, adapting their strategies to each market's unique volatility and behavior. While technical analysis is the primary method used to identify trading opportunities, some swing traders also incorporate fundamental analysis to assess broader economic or company-specific factors that might influence price direction over the holding period. This combination allows them to make informed decisions that balance market sentiment and underlying value drivers.  

How Do Swing Traders Manage Risk?   

Because swing trades last longer than intraday trades, managing risk is significant for swing traders. They typically set well-defined profit targets and stop-loss levels to protect capital from adverse price movements. They often employ a favorable risk-to-reward ratio to ensure that potential gains justify the risks taken. 

Patience and discipline are crucial traits for swing traders, as they must withstand short-term volatility and avoid premature exits while maintaining confidence in their analysis. This approach makes swing trading an attractive option for individuals who seek a strategic yet manageable way to engage with the markets without the intense time commitment required by day trading.   

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What Makes a Prop Firm Ideal for Swing Traders

1. Flexibility in Holding Periods and Trading Around News

Swing traders benefit from prop firms that allow them to hold trades for extended periods. As the name suggests, swing traders look to capture price swings in the market. They will often hold trades for several days or weeks to capitalize on a potential price move. Many proprietary trading firms impose strict rules on how long a trader can hold a position. For example, some firms require traders to close all positions at the end of each trading day and before the weekend. 

This is fundamentally incompatible with swing trading strategies, preventing traders from fully capturing the intended market swings. Ideally, prop firms will allow traders to hold positions overnight and over the weekend without forced closures. Swing traders can ride out market fluctuations and maximize potential profits. In addition to permitting extended holding periods, the best prop firms for swing traders also allow trading during major news events. 

News releases and economic announcements often cause significant market volatility, presenting lucrative opportunities for swing traders prepared to manage the associated risks. Many prop firms prohibit holding positions during such events to protect their capital, but this restriction limits the effectiveness of swing trading strategies. Thus, an optimal prop firm embraces a more flexible approach, permitting news trading and not imposing arbitrary limits on a position's length. This freedom is essential for swing traders to implement their strategies effectively and achieve consistent profitability.

2. Capital Allocation and Profit Sharing

Another defining characteristic of a prop firm ideal for swing traders is the availability of substantial capital combined with a favorable profit-sharing arrangement. Swing trading typically involves taking larger positions and holding them for more extended periods, which requires access to sufficient capital to manage risk and maximize returns. Prop firms that provide generous capital allocations allow swing traders to scale their trades appropriately and generate meaningful profits from medium-term market moves. 

Without adequate funding, swing traders may be forced to take smaller positions, limiting their earning potential and increasing the likelihood of being stopped out prematurely. Equally important is the profit split offered by the prop firm. Swing traders benefit most from firms that provide a high percentage of profits returned to the trader, often ranging from 70% to 90%. This incentivizes traders to perform well and rewards their patience and skill in managing trades over longer durations. 

Additionally, prop firms with transparent fee structures and reasonable evaluation costs make it easier for swing traders to participate without excessive upfront expenses. By balancing generous capital access with attractive profit splits and manageable fees, an ideal prop firm creates a mutually beneficial environment where swing traders can thrive financially.

3. Supportive Trading Platforms and Educational Resources

The quality of the trading platform and the availability of educational resources are crucial elements that make a prop firm suitable for swing traders. Swing trading relies heavily on technical analysis, charting, and market data to identify entry and exit points. Therefore, prop firms that provide advanced, user-friendly platforms with real-time data feeds, comprehensive charting tools, and customizable indicators give swing traders a significant edge. 

These technological resources enable traders to analyze market trends effectively and execute trades precisely, vital for capturing profitable swings. Beyond technology, the best prop firms invest in trader development through educational materials, mentorship programs, and active trading communities. Swing trading requires continuous learning and adaptation to changing market conditions, and firms that foster a collaborative environment help traders refine their strategies over time. 

Access to experienced mentors and peer networks can accelerate a trader’s growth and improve their decision-making skills. Responsive customer support further enhances the trading experience by promptly addressing technical or account issues, allowing swing traders to maintain focus on their performance without unnecessary distractions.

4. Reasonable Risk Management Policies

Risk management rules are a defining feature of any prop firm, but for swing traders, these policies must be tailored to accommodate the nature of longer-term trading. Swing trading involves exposure to market fluctuations over several days, which can result in larger drawdowns compared to intraday trading. 

Prop firms that impose overly strict daily loss limits or drawdown restrictions may inadvertently penalize swing traders for normal market volatility, making it difficult for them to meet funding requirements or maintain accounts. An ideal prop firm implements balanced risk controls that protect the firm’s capital while allowing swing traders the breathing room to manage trades prudently. 

Furthermore, prop firms suited for swing traders avoid enforcing minimum trade frequency rules or consistency requirements that conflict with the lower trade volume typical of swing trading. Swing traders prioritize quality setups over quantity, and rigid mandates to execute a certain number of trades within a timeframe can disrupt their strategy and increase unnecessary risk. 

By aligning risk management policies with the realities of swing trading, prop firms create an environment where traders can focus on executing well-timed trades without fear of arbitrary penalties or forced account closures. 

‍Goat Funded Trader stands out as an exemplary prop firm that aligns closely with the requirements of swing traders. Recognizing the importance of holding trades over extended periods, Goat Funded Trader permits unrestricted overnight and weekend positions, allowing swing traders to capitalize on market trends without artificial time constraints. This flexibility is complemented by generous capital allocations, with funded accounts ranging from $50,000 to $500,000 or more, allowing traders to take meaningful positions that can generate substantial returns. 

The firm’s evaluation process is designed to be accessible, requiring only a modest upfront fee and focusing on risk management and consistency rather than high-frequency trading. In addition to capital and rules, Goat Funded Trader offers a beautiful profit-sharing model, often allowing traders to retain 80% to 90% of their earnings. This structure motivates swing traders to maximize their performance while minimizing personal financial risk. The firm also supports its traders with educational resources and a vibrant community, fostering an environment conducive to learning and growth.

By combining flexible trading conditions, substantial funding, and trader-centric support, Goat Funded Trader naturally fits the profile of an ideal prop firm for swing traders seeking to boost their trading careers without compromising their strategic approach. Goat Funded Trader gives you access to simulated accounts up to $800K with the most trader-friendly conditions in the industry - no minimum targets, no time limits, and triple paydays with up to 100% profit split. 

Join over 98,000 traders who've already collected more than $9.1 million in rewards, all backed by our 2-day payment guarantee with $500 penalty for delays. Choose your path to funding through customizable challenges or start trading immediately with our instant funding options. Sign up to Get Access to up to $800K Today, and 25-30% off.

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7 Best Prop Firms for Swing Traders

1. GOAT Funded Trader

GOAT Funded Trader is quickly becoming a favorite among swing traders due to its flexible rules and generous funding options. The firm allows traders to keep positions open overnight and across weekends, which is essential for anyone looking to capture larger market moves over several days. 

GOAT Funded Trader offers a straightforward evaluation process with realistic profit targets and drawdown limits, making it accessible for new and experienced swing traders. The profit split is competitive, and the firm supports a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies. 

With no news trading restrictions and a user-friendly platform, GOAT Funded Trader is an excellent choice for those who prefer a less restrictive, swing-friendly environment. 

Features

• Up to $400,000 initial funding, scalable up to $800,000
• Profit split from 65% up to 95%, with potential for 100% in some programs
• No maximum trading period; unlimited time to complete evaluation phases
• Allows overnight and weekend holding of positions
• Supports trading across forex, commodities, indices, stocks, and cryptocurrencies
• Multiple evaluation formats: one-step, two-step, three-step, and instant funding programs
• Minimum 3 trading days per evaluation phase, no minimum daily trade volume required

Pros

• High profit splits, up to 95% and even 100%, with patience
• Flexible trading rules, including news trading and no minimum trading days
• A wide variety of trading instruments are available
• First payout on-demand with options for faster withdrawals
• No commission on cryptocurrencies, indices, and commodities

2. PipFarm

PipFarm stands out for its welcoming approach to medium—and long-term traders. The firm’s challenge period can last up to a year, giving swing traders ample time to meet profit targets without pressure. PipFarm allows overnight and weekend positions, supports news trading, and even offers a loyalty program for consistent traders. With a range of account sizes and a scalable profit share system that rewards performance, PipFarm is a strong contender for swing traders seeking flexibility and growth. 

Features

• The challenge period can extend up to 1 year, ideal for swing trading
• Allows overnight and weekend holding of trades
• Supports news trading without restrictions
• Offers multiple account sizes and a scalable profit share
• Loyalty program rewards consistent traders
• Profit targets and drawdowns designed for medium to long-term trading
• Provides educational resources and community support

Pros

• Extremely flexible challenge duration
• No restrictions on holding trades overnight or during news
• Scalable accounts for growing traders
• Rewards loyalty with bonuses and perks
• User-friendly platform and good customer support

3. FTMO

FTMO is one of the most recognized names in the prop trading world, and it caters specifically to swing traders through its dedicated “swing account.” This account allows traders to hold positions over the weekend, though with slightly reduced leverage compared to standard accounts. FTMO’s evaluation process is fair, with no minimum number of trades required and no restrictions on holding trades overnight. The firm offers a variety of account sizes, a high profit split that can increase with performance, and access to multiple trading platforms. 

Features

• Dedicated “swing account” allowing weekend holds with slightly reduced leverage
• No minimum number of trades required during evaluation
• Profit targets typically around 10% with 5% max daily loss
• Allows news trading and overnight positions
• Multiple account sizes and leverage options up to 1:100
• Profit split starting at 70% with potential increases
• Access to MT4, MT5, and cTrader platforms

Pros

• Well-established and reputable prop firm
• Clear and fair evaluation rules for swing traders
• High profit splits and scalable accounts
• Supports multiple trading platforms
• Strong educational resources and a trader community

4. The 5%ers

The 5%ers are well-known for their swing trader-friendly policies. There are no limits on how long you can keep trades open, and traders are free to hold positions overnight or during major news events. The evaluation phase has no time constraints so swing traders can work at their own pace. The 5%ers also offers instant funding options and a scaling plan that allows successful traders to manage larger accounts over time. 

Features

• Unlimited time to complete the evaluation phase
• No restrictions on holding trades overnight or during news
• Instant funding options are available
• Scaling plan for increasing account size after consistent profits
• Profit targets around 6-10%, depending onthe  program
• Allows trading in forex, indices, commodities, and cryptocurrencies
• Provides educational support and mentoring

Pros

• No time pressure on the evaluation phase
• Freedom to hold trades as long as needed
• Immediate funding options reduce waiting time
• Good scaling opportunities for successful traders
• Supportive educational environment

5. City Traders Imperium

City Traders Imperium (CTI) offers several funding programs, including options with no evaluation phase for those wanting immediate capital access. CTI places minimal restrictions on trading style, allowing for overnight, weekend, and news trading. The firm also provides educational resources and mentorship, making it an excellent option for swing traders who want to develop their skills while managing funded accounts. 

Features

• Multiple funding programs, including no-evaluation instant funding
• Allows overnight, weekend, and news trading
• Offers educational resources and mentorship programs
• Profit splits up to 80%
• Various account sizes from $10,000 upwards
• No minimum trading days in some programs
• Supports forex, commodities, indices, and cryptocurrencies

Pros

• Flexible trading style rules
• Instant funding options are available
• Good educational support for traders
• Competitive profit splits
• Diverse account size options

6. Lux Trading Firm

Lux Trading Firm is another excellent choice for swing traders, offering the potential to scale up to $10 million in funding. The firm allows overnight and weekend trades, supports news trading, and does not impose a minimum number of trades. The evaluation process is flexible, and traders can progress at their speed. Lux Trading Firm also offers comprehensive support and educational materials to help traders succeed. 

Features

• Allows overnight and weekend trades
• No minimum number of trades required during evaluation
• Potential to scale funding up to $10 million
• Supports news trading
• Flexible evaluation periods without strict deadlines
• Profit splits starting at 70%, increasing with performance
• Provides educational materials and trader support

Pros

• Large maximum funding potential
• Flexible evaluation process for swing traders
• No restrictions on trade holding times
• Good profit split structure
• Comprehensive trader support and education

7. SurgeTrader

SurgeTrader is designed to accommodate many trading styles, including swing trading. The firm permits holding positions overnight and over weekends, and there are no restrictions on news trading. SurgeTrader offers a simple, one-step evaluation process with reasonable profit targets and drawdown limits. The firm provides a variety of account sizes and a generous profit split, making it an attractive option for swing traders looking for a straightforward path to funded trading. 

Features

• One-step evaluation process with reasonable profit targets
• Allows holding positions overnight and over weekends
• No restrictions on news trading
• Account sizes from $25,000 to $150,000
• Profit splits up to 80%
• Maximum daily drawdown limits apply
• Fast funding process after passing the evaluation 

Pros

• Fast and straightforward evaluation process
• Swing trading is friendly with overnight holding allowed
• No news trading restrictions 
• Competitive profit splits
• Good customer service and platform stability

Why Goat Funded Trader is the Best Prop Firm for Swing Traders

Evaluation Phases Without Rigid Deadlines

Goat Funded Trader stands out among prop firms for swing traders by offering evaluation phases without strict time limits. Instead of forcing traders to meet rigid deadlines, GFT allows them to take the time they need to develop and execute their strategies effectively. This flexibility means swing traders can patiently hold positions over multiple days or weeks, aligning perfectly with their trading style. The absence of a ticking clock reduces pressure and helps traders focus on quality setups, rather than rushing trades to meet arbitrary time limits.

High Profit Split

One of the most attractive features of Goat Funded Trader is its generous profit-sharing structure. Traders can earn up to 85% of their profits initially, with opportunities to increase this percentage as they demonstrate consistency and reliability. This high profit split ensures swing traders retain the lion’s share of their earnings, rewarding their efforts. Such favorable terms are uncommon in the proprietary trading world and provide a strong financial incentive for traders to grow their accounts steadily.

Risk Management Policies That Support Swing Traders

Risk management policies at Goat Funded Trader are thoughtfully designed to accommodate the unique needs of swing traders. The firm allows overnight and weekend position holding, essential for strategies that capture multi-day market moves. Furthermore, GFT’s risk limits are balanced to encourage disciplined trading without being overly restrictive. Traders can engage in news-based trading and other approaches typically disallowed by stricter firms. This flexibility allows swing traders to implement their preferred methods while maintaining sound risk controls.

Access to a Wide Range of Tradable Instruments

Another key strength of Goat Funded Trader is its extensive selection of tradable instruments. With access to thousands of assets, including forex pairs, stocks, ETFs, cryptocurrencies, commodities, and indices, swing traders can diversify their portfolios and explore opportunities across different markets. This broad asset availability supports a wide range of trading strategies and helps traders adapt to changing market conditions, which is crucial for long-term success.

Solid Trader Support and Community

Goat Funded Trader also provides responsive customer support and fosters a vibrant community. Traders benefit from around-the-clock assistance, ensuring any issues or questions are promptly addressed. Additionally, the firm offers educational content and resources specifically tailored for swing traders, helping them refine their skills and improve performance. This supportive environment creates a sense of belonging and continuous learning, which many traders find invaluable.

Credibility Built on Transparent Practices

Finally, its growing community and transparent payout practices reinforce the firm's credibility. Having paid millions in profits to tens of thousands of traders, Goat Funded Trader has established trust within the trading community. Positive feedback highlights the firm’s reliable platform, quick withdrawal processes, and supportive staff. These factors combine to create a professional and trader-friendly atmosphere that encourages swing traders to thrive and build sustainable careers.

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Get 25-30% off Today - Sign up to Get Access to Up to $800K Today

Goat Funded Trader stands out as the best prop firm for swing traders for several reasons, including their generous funding options, trader-friendly conditions, and fast payouts.  At Goat Funded Trader, traders can access simulated accounts up to $800,000 with no minimum targets, no time limits, and triple paydays with up to 100% profit split. The firm also has a two-day payout guarantee with a $500 penalty for delays.  The best part? More than 98,000 traders have already collected over $9 million in rewards, so you can trust that Goat Funded Trader pays out.  

Why Are Goat Funded Trader's Conditions Great for Swing Traders?  

Swing traders typically hold trades for days or even weeks as they look to profit from changes in momentum. Because of this, having no time limits and no minimum targets allows traders to trade at their own pace without the stress of meeting a deadline. Goat Funded Trader's conditions enable swing traders to focus on their trading strategy and profit potential rather than worrying about arbitrary rules set by the firm.

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