In the fast-evolving world of proprietary trading, adaptability and freedom can make all the difference in a trader’s journey. FunderPro Swing Account emerges as a game-changer, offering a suite of features designed to empower traders who prefer holding positions for longer durations, navigating through weekends and volatile news events. This article delves deep into the mechanics, advantages, and unique selling points of the FunderPro Swing Account, providing a comprehensive guide for both aspiring and seasoned traders.
What is the FunderPro Swing Account?
FunderPro Swing Account is designed for traders who want to keep their trades open for longer periods, even over weekends and during important news events. Most trading accounts require you to close all trades before the weekend or big news, but the Swing Account lets you keep your trades open. This gives you more freedom and flexibility to follow your trading strategy without strict rules about when to close your positions. It’s a good option if you don’t want to be limited by normal trading hours.
Key Features of FunderPro Swing Account
Evaluation Process and Account Structure
The FunderPro Swing Account follows a straightforward two-phase evaluation:
| Phase | Profit Target | Max Daily Drawdown | Max Overall Drawdown | Time Limit | Weekend/News Holding | Consistency Rule |
|---|---|---|---|---|---|---|
| Phase 1 | 10% | 5% | 10% | Unlimited | Allowed | No |
| Phase 2 | 8% | 5% | 10% | Unlimited | Allowed | No |
| Funded Status | N/A | 5% | 10% | N/A | Allowed | No |
Account Sizes and Fees
| Account Size | Challenge Fee |
|---|---|
| $5,000 | $89 |
| $10,000 | $149 |
| $25,000 | $269 |
| $50,000 | $379 |
| $100,000 | $599 |
| $150,000 | $899 |
| $200,000 | $1,199 |
Note: Fees are applied to your first payout upon becoming funded.
Leverage and Trading Instruments
FunderPro Swing Account offers tailored leverage depending on the asset class:
| Asset Class | Leverage |
|---|---|
| Forex | 1:30 |
| Metals, Oil, Indices | 1:10 |
| Crypto | 1:1 |
Traders can access a broad range of instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Comparing FunderPro Swing Account to Other Account Types
| Feature | Fast Track (1-Phase) | Regular (2-Phase) | Swing (2-Phase) |
|---|---|---|---|
| Weekend Holding | No | No | Yes |
| News Holding | No | No | Yes |
| Minimum Trading Days | Yes | Yes | No |
| Consistency Rule | Yes | Yes | No |
| Max Daily Drawdown | 4% | 5% | 5% |
| Max Overall Drawdown | 7% | 10% | 10% |
| Hedging Allowed | No | No | No |
| Copy Trading Allowed | Yes | Yes | Yes |
This comparison highlights the unique flexibility and freedom of the Swing Account, especially for traders who dislike restrictive rules and want to trade on their terms.
Who Should Choose the FunderPro Swing Account?
FunderPro Swing Account is ideal for:
Why FunderPro Swing Account Stands Out?
FunderPro Swing Account is more than just another funding program—it’s a paradigm shift in prop trading. By eliminating traditional constraints, it empowers traders to focus on strategy, risk management, and profitability without arbitrary limitations. The combination of high flexibility, robust risk controls, and generous profit sharing positions FunderPro as a leader in the proprietary trading space.
Frequently Asked Questions (FAQs)
What is the main Benefit of the FunderPro Swing Account?
The Swing Account allows traders to hold positions over weekends and during news events, offering greater flexibility and strategic options.
Are there any Minimum Trading day requirements?
No, you can progress to the next phase as soon as you meet the profit target, with no minimum trading days required.
How does the FunderPro Daily Rewards System Work?
Once you’re funded and 1% in profit, you can request a payout anytime, with processing typically within eight hours.
What are the Drawdown limits for the Swing Account?
The Swing Account has a 5% maximum daily drawdown and a 10% maximum overall drawdown in all phases.
What Profit Targets must be met in the Evaluation?
You need to achieve a 10% profit in Phase 1 and an 8% profit in Phase 2 to become funded.
What is the Profit Split for Funded Traders?
Funded traders receive an 80% profit split, with no cap on earnings and the ability to withdraw daily.
