Best Prop Firms for Swing Traders [April 2024]

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Don't swing and miss. We've tested all the best prop trading firms, so you don't have to. Here are the best prop firms that cater to swing traders like yourself:

Are you struggling to boost your swing trading profits? Discover the ultimate solution: prop trading firms! These powerhouses offer cutting-edge technology, robust communities, and generous capital to skyrocket your success.

But with countless choices, how do you pinpoint the perfect prop firm for swing traders like you? Fear not—we’ve got you covered! We’ve meticulously researched and ranked the top prop trading firms designed for swing traders.

In this thrilling post, we’ll unveil the critical criteria behind our evaluations, including their regulations, educational resources, and support services. Plus, we’ll deliver an in-depth analysis of each firm’s unique advantages, empowering you to choose the one that fits like a glove. Read on for the complete scoop!

  1. FTMO
    4.7

    FTMO is the premier proprietary trading firm for forex traders. FTMO has a unique 2-step evaluation process to discover trading talent. Successful traders can remotely manage an account with a balance of up to $400,000. FTMO's educational resources, account analysis, and performance coaching provide traders with the tools and support to achieve financial independence. Join FTMO and start trading with confidence.

    Challenge Difficulty:
    4.3
    Profit Share:
    5.0
    Educational Resources:
    5.0
    Customer Support:
    5.0
    Community Engagement:
    4.0
    Pros:
    • Well-established and trusted
    • Fast scaling plan
    • Access data from liquidity providers
    • No swing trading limits
    • 1:100 leverage
    Cons:
    • Limited trading platforms
    • Challenging evaluation process
    • Slightly more expensive than alternatives
    Join Now Our Review
  2. Topstep
    4.7

    Topstep Trading is the ultimate choice for traders looking to excel in the futures market. With a rigorous evaluation process, traders gain access to our state-of-the-art technology, funding opportunities, and support from trading experts. Join Topstep Trading and start trading with confidence.

    Challenge Difficulty:
    4.0
    Profit Share:
    5.0
    Educational Resources:
    5.0
    Customer Support:
    4.8
    Community Engagement:
    4.5
    Pros:
    • Access to trading coaching programs
    • Well-established and trustworthy
    • Access to a dedicated coach
    • High payouts and excellent profit splits
    • Great community
    Cons:
    • Only 50K, 100K, and 150K funding options
    • Non-refundable registration fee
    • Limited to futures
    Join Now Our Review
  3. FundedNext
    4.2

    FundedNext is an excellent prop firm for forex traders and more. It offers increasing profit splits, growth scaling opportunities, and a fantastic community. While it has some drawbacks, FundedNext is an overall reliable choice.

    Challenge Difficulty:
    4.3
    Profit Share:
    4.5
    Educational Resources:
    2.5
    Customer Support:
    4.5
    Community Engagement:
    5.0
    Pros:
    • Up to 90% profit split
    • 24/7 account manager
    • Supports most trading styles
    • 1:100 leverage
    • Active community
    Cons:
    • Only supports MetaTrader 4
    • Challenging evaluation profit targets
    • Low profit split for express accounts
    Join Now Our Review
  4. My Forex Funds
    4.2

    My Forex Funds is one of the best proprietary trading firms in the market. It offers multiple account options, speedy payouts, and rewards for successful traders. While it lacks educational resources, My Forex Funds is still an excellent option for most traders.

    Challenge Difficulty:
    4.5
    Profit Share:
    4.0
    Educational Resources:
    2.5
    Customer Support:
    4.8
    Community Engagement:
    5.0
    Pros:
    • Rewards program for successful traders
    • Up to 90% profit splits
    • 24/7 support team
    • Instant funding option
    • Active community
    Cons:
    • Lack of educational resources
    • Short track record as a prop firm
    • Confusing equity drawdowns
    Join Now Our Review
  5. Fidelcrest
    3.9

    Fidelcrest will help you to evaluate, train and maximize your trading potential. With access to our exclusive trading strategies and skills, you can expect to make sustainable long-term profits. Backed by our cutting-edge technology and experienced staff, investing with us is easy and secure. Join Fidelcrest today and take your trading career to the next level.

    Challenge Difficulty:
    4.0
    Profit Share:
    4.3
    Educational Resources:
    3.0
    Customer Support:
    5.0
    Community Engagement:
    3.0
    Pros:
    • Manage up to $2M
    • Trade multiple assets
    • No minimum trading days
    • Excellent customer support
    • Speedy payouts
    Cons:
    • Strict evaluation process
    • 30-day trading period limits
    • No telephone customer support
    Join Now Our Review

A Closer Look at Our Top Prop Firms for Swing Traders

FTMO: Best for Forex Category

  • What we love about FTMO: Regarding prop trading, FTMO is a standout firm with an excellent reputation. With top-of-the-line profit-sharing programs and effective scaling plans, FTMO is an ideal choice for traders of all types and styles, including swing traders.
  • Who FTMO is good for: Forex swing traders seeking education. FTMO offers Swing Accounts designed explicitly for this trading style. They also provide educational resources, expert coaching, and custom trading apps. While the FTMO challenge may be difficult for newbies, swing traders who partner with FTMO are among some of the most successful.

Read our FTMO Review for a closer look at this prop trading firm! 

Topstep: Best for Futures Category

  • What we love about Topstep: Topstep offers special Swing Accounts to support swing traders in their journey to success. This prop trading firm has a top-tier reputation due to its unbeatable profit splits, swift payouts, and incredible educational resources.
  • Who Topstep is good for: Futures swing traders. If you’re a futures trader who holds positions for weeks or days, Topstep is an excellent option with its fantastic payouts and trader coaching programs.

Read our Topstep Review for all the details!

FundedNext: Best for Big Balances Category

  • What we love about FundedNext: FundedNext provides multiple account options to support all trading styles, especially swing traders. They offer fast scaling growth plans, a convenient mobile app, and funding up to $4,000,000.
  • Who FundedNext is good for: Swing traders seeking large accounts. If you’re looking to manage lots of capital and swing trade, then FundedNext is a superb choice.

Read our FundedNext review for more!

My Forex Funds: Best for Instant Funding

  • What we love about My Forex Funds: At My Forex Funds, traders can enjoy an abundance of benefits, including 90% profit shares, fast payouts, and incentives for their most successful performers. 
  • Who My Forex Funds is good for: Swing traders seeking instant funding. MFF offers an Accelerated Program that lets you trade with live capital from day one.

Check out our My Forex Funds Review!

Fidelcrest: Best for Experts Category

  • What we love about Fidelcrest: Fidelcrest is a fantastic choice for swing traders, offering generous profit splits with no minimum trading days required. You can also manage an impressive amount of as much as $2,000,000 of the firm’s capital.
  • Who Fidelcrest is good for: Expert swing traders. You can choose an Aggressive Swing Account and start trading your way! Fidelcrest offers significant funding opportunities but limited educational resources, so it’s best suited for those with a solid market understanding.

Read our Fidelcrest Review for more info!

A Beginner’s Guide to Prop Trading firms for Swing Traders

What is a proprietary trading firm?

Prop trading firms provide funded accounts, cutting-edge tools, and learning resources, earning a portion of traders’ profits.

Pros and cons of swing trading at a prop firm

See below for the pros and cons of prop trading firms for swing traders!

Pros:

Get a funded account to increase earnings potential

Join a community of swing traders

Use educational resources and trading tools

Potentially make more money than typical bank jobs

Cons:

Some prop firms don’t allow swing trading

Fees can get expensive

Traders must share their profits with the firm

When to avoid joining a prop trading firm for swing trading

Prop trading isn’t for everyone, especially those seeking stability or quick wealth. Yet, skilled swing traders with proven strategies can find prop trading firms a catalyst to boost profits.

How we choose our top prop firms for swing traders

We’ve searched the industry to compile a list of the best trading firms for swing traders, keeping the following critical factors in mind:

  1. Challenge difficulty— Is the trading challenge accessible to beginner swing traders? Does the prop firm have rules that restrict swing trading?
  2. Profitability— Is the profit split reasonable? Can traders grow their profits with scaling plans?
  3. Educational resources — Does the prop trading firm provide educational resources for swing traders?
  4. Customer support — Does customer service respond to questions quickly and accurately?
  5. Community engagement  — Can you join a community of other swing traders? Does the prop firm have an active Discord? 

Frequently Asked Questions

How do I start swing trading at a prop trading firm?

To access funding and features from prop firms, pass their evaluation. As a partner, explore special accounts for swing traders if that’s your style.

How much do swing traders make at prop trading firms?

At prop firms, swing traders’ earnings vary with skill, market conditions, and payout structures. Nevertheless, adept swing traders can potentially rake in thousands or even millions.

What are the risks of swing trading at a prop trading firm?

Prop trading firms offer leverage, amplifying both gains and losses. Swing traders must exercise caution with leverage and employ risk management strategies.

Do prop trading firms offer educational resources for swing traders?

Prop trading firms often equip swing traders with resources like online courses, webinars, e-books, and mentorship programs to refine their strategies. Keep in mind the educational offerings of each firm differ.

The Bottom Line

Swing traders, seek no more! Discover the perfect prop firm with our top five rankings. Level up your strategy with cutting-edge tech and support. Join the elite ranks of successful swing traders today, or explore even more options with our comprehensive breakdown of the Best Remote Prop Trading Firms in the market!

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