Best Prop Trading Firms For Swing Trading
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If you're too busy to read the entire article and want a quick answer, the best prop trading firms for swing trading is Hola Prime. Why? Here are its key advantages:
- Is legit in your country (Identified as United States
) - Has a good user satisfaction score
- Favorable profit split and reasonable leverage
- Flexible trading conditions
Top prop firms for swing trading:
- Hola Prime - A prop trading firm licensed by the FSC of Mauritius that provides funding up to $500,000 with the potential to scale accounts to $4 million
- SabioTrade - Best for those who want to work as non-staff traders with up to 90% of profit
- Instant Funding - Prop firm offering instant funding with account sizes up to $80,000
- GoatFundedTrader - A proprietary trading firm registered in Saint Lucia and Hong Kong, offering simulated capital of up to $400,000 for Forex and CFD trading.
- Earn2Trade - Convinient scaling plans (relatively low profit goal, account upgrades after withdrawing first profit target)
Swing trading, with its potential to capture significant price movements over days or weeks, requires a trading environment that supports strategic planning and flexibility. Proprietary trading firms (prop firms) provide swing traders with the capital and tools necessary to maximize their trading potential.
In this article, we explore the best prop trading firms tailored for swing trading, highlighting their unique offerings such as flexible holding periods, competitive profit splits, high leverage options, and robust support systems. Whether you're a seasoned swing trader or looking to delve into this trading style, these prop firms provide the optimal platforms to enhance your trading success.
Key parameters for choosing a prop firm for swing trading
When selecting a prop firm for swing trading, it's essential to consider various parameters that align with the unique needs of this trading style. Here are the key factors to evaluate:
Flexible Holding Periods: Ensure the prop firm allows positions to be held overnight and over weekends, which is crucial for swing trading strategies.
Competitive Profit Splits: Look for firms that offer high profit-sharing ratios, preferably 80% or higher, to maximize your earnings.
High Leverage: Choose a firm that provides high leverage, such as 1:100 or more, to capitalize on significant price movements over several days or weeks.
Realistic Evaluation Processes: The firm should have a fair and attainable evaluation process with reasonable profit targets and drawdown limits, allowing you to demonstrate your trading skills without excessive pressure.
Comprehensive Support: Access to educational resources, mentorship, and a supportive trading community can help improve your trading strategies and overall performance.
Variety of Tradable Instruments: The firm should offer a wide range of assets, including forex, stocks, commodities, and indices, allowing you to diversify your swing trading portfolio.
No Minimum Trading Days: Firms that do not require a minimum number of trading days are ideal, as they allow you to trade at your own pace and wait for the best opportunities.
Fair Drawdown Limits: Look for firms with reasonable daily and overall drawdown limits to provide some buffer against market volatility and protect your capital.
Best prop firms for swing trading in 2025 Compared
| Weekend Position Closure | Trading period | Profit split up to,% | Min. Price, $ | Max. Leverage | Available trading instruments | Funding Up To, $ | Open account | |
|---|---|---|---|---|---|---|---|---|
| No | Unlimited | 95 | 48 | 1:100 | Forex, CFDs on indices, cryptocurrencies, and precious metals | 4 000 000 | Open an account Your capital is at risk.
|
|
| No | Unlimited | 90 | 119 | 1:30 | CFDs on: currency pairs, gold, oil, global indices, stocks, cryptocurrencies, ETFs | 200 000 | Open an account Your capital is at risk.
|
|
| No | Unlimited | 90 | 44 | 1:100 | Forex, indices, cryptocurrencies, metals, energies (oil, gas) | 2 500 000 | Open an account Your capital is at risk.
|
|
| No | Unlimited | 95 | 17 | 1:100 | Forex pairs, CFDs on indices, commodities, and cryptocurrencies | 2 000 000 | Open an account Your capital is at risk.
|
|
| Yes | Unlimited | 80 | 75 | 1:30 | Futures and micro futures | 400 000 | Open an account Your capital is at risk. |
How do the challenge conditions compare?
| Trading Plans | Price, USD or EUR | Profit target, $ | Daily loss,% | Max. loss, % | Managed amount, USD | |
|---|---|---|---|---|---|---|
|
Pro Challenges 1 Step Pro |
65 |
500 |
3 |
6 |
5 000 |
|
|
Essential |
119 |
2000 |
5 |
6 |
20 000 |
|
|
One Phase |
49 |
500 |
3 |
8 |
5 000 |
|
|
1 Step |
114 |
1500 |
4 |
6 |
15 000 |
|
|
TCP |
75 |
1750 |
2,2 |
6 |
25 000 |
Who are swing traders?
Swing traders represent a group of traders who adopt a specific trading style focused on capturing short- to medium-term profits in various financial instruments. Unlike long-term investors, swing traders aim to take advantage of price fluctuations that occur over a period ranging from a few days to several weeks.
The core methodology employed by swing traders revolves around the utilization of technical analysis. By closely studying price trends and patterns, swing traders strive to identify opportune moments to enter and exit trades. They rely on a diverse set of tools and indicators, including moving averages, momentum indicators, price range tools, and chart patterns, to guide their trading decisions.
Technical analysis plays a pivotal role in swing trading, as it allows traders to analyze historical price data, identify potential support and resistance levels, and detect trend reversals. By carefully assessing these factors, swing traders can make informed judgments about when to initiate a trade and when to exit it, thus optimizing their chances of profiting from short-term market movements.
Swing traders embrace a flexible approach, enabling them to adapt to changing market conditions. While their primary focus is on technical analysis, swing traders may also consider fundamental factors that can impact price movements during their decision-making process. By combining both technical and fundamental analysis, swing traders aim to develop a well-rounded understanding of the market dynamics and increase their trading effectiveness.
Swing trading vs Intraday trading
When it comes to trading in the financial markets, there are different approaches that traders can adopt, such as swing trading and intraday trading. Let's take a closer look at the key parameters that differentiate these two trading styles:
| Parameter | Swing Trading | Intraday Trading |
|---|---|---|
| Time Horizon | Holding period of a few days to several weeks | Buying and selling within the same trading day |
| Trading Style | Takes advantage of short- to medium-term price movements | Focuses on short-term price fluctuations |
| Analysis Approach | Relies on technical analysis and chart patterns | Utilizes technical analysis and real-time market data |
| Number of Trades | Fewer trades per week | Multiple trades per day |
| Leverage | Typically lower leverage (around 2 times initial capital) | Higher leverage (around 4 times initial investment) |
| Risk | Relatively lower risk due to longer holding periods | Higher risk due to daily volatility and overnight positions |
Pros and cons of swing trading
Let's delve into the pros and cons of swing trading:
- Pros
- Cons
- Potential for higher gains:
Swing trading provides the potential to capture larger gains compared to day trading. By holding positions for a longer period, swing traders can take advantage of extended price movements and ride profitable trends - More flexibility and less time commitment:
Swing trading offers flexibility for traders with limited time availability. Unlike day trading, swing trading doesn't require constant monitoring of the markets throughout the day. This allows traders to participate in the markets while still managing other commitments and responsibilities - Reduced stress:
Swing trading is generally considered less stressful than day trading. With a more methodical and less fast-paced approach, swing traders have ample time to analyze charts, identify trends, and make trading decisions. This can result in reduced emotional pressure and a more relaxed trading experience - Diversification and spread of risk:
Swing trading allows traders to diversify their trading portfolio and spread risk across multiple trades. By engaging in various trades over a few days or weeks, traders can take advantage of different market opportunities. This helps mitigate the impact of any single trade and provides a broader exposure to potential profits
- Increase in risk exposure:
Swing trading exposes traders to potential market gaps or unexpected news events. As positions are held for a longer duration, there is a higher likelihood of being exposed to market movements during non-trading hours, which can result in increased risk - Longer patience required:
Successful swing trading requires patience. Traders must wait for their trades to play out over a longer period and withstand short-term price fluctuations. This can test a trader's discipline and require them to resist the temptation to exit positions prematurely - Potential for missed opportunities:
Swing trading involves holding positions for several days to weeks, which means traders may miss out on short-term trading opportunities. Rapid market movements or short-term trends can occur within the holding period, potentially resulting in missed profit opportunities
What features to look for in a prop firm for swing traders?
When selecting a prop trading firm for swing trading, there are several important features that swing traders should consider. These features can enhance the trading experience and provide the necessary support for successful swing trading. Here are the key features to look for:
Funding opportunities:
Swing traders often require higher levels of capital to make their trades worthwhile, given the lower frequency of trades. Look for prop firms that offer funding options specifically tailored for swing traders. These firms should provide real funded accounts with sufficient capital to support your trading strategyFlexibility on weekend holding:
Traditionally, many prop firms had rules against holding trades over the weekend. However, as swing trading gains popularity, some prop firms now allow weekend holding. If your trading style requires holding trades over the weekend to capture potential price movements, look for prop firms that offer this flexibilityLeverage options:
Consider the leverage options provided by the prop firm. Swing traders typically require lower leverage compared to day traders, as swing trading involves longer holding periods. Ensure that the prop firm offers leverage levels that align with your risk management and trading strategyAccess to education, resources, and support:
A good prop firm should provide swing traders with access to educational materials, resources, and support. Look for firms that offer comprehensive training programs, educational webinars, trading tools, and research reports. This can help you enhance your trading skills, stay updated with market trends, and make informed trading decisionsCommunity of traders:
Joining a community of swing traders can be beneficial for news updates, networking opportunities, and learning from other experienced traders. Look for prop firms that foster a strong community where you can connect with fellow swing traders, share insights, and gain valuable knowledgeProper risk management features:
Effective risk management is crucial in swing trading. Ensure that the prop firm provides risk management tools and features to help you control and mitigate potential risks. This can include features such as stop-loss orders, risk monitoring systems, and position sizing guidelines
Methodology for compiling our ratings of prop firms
Traders Union applies a rigorous methodology to evaluate prop companies using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.
Key aspects of the assessment include:
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Trader testimonials and reviews. Collecting and analyzing feedback from existing and past traders to understand their experiences with the firm.
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Trading instruments. Companies are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
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Challenges and evaluation process. Analyzing the firm's challenge system, account types, evaluation criteria, and the process for granting funding.
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Profit split. Reviewing the profit split structure and terms, scaling plans, and how the firm handles profit distributions.
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Trading conditions. Examining leverage, execution speeds, commissions, and other trading costs associated with the firm.
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Platform and technology. Assessing the firm's proprietary trading platform or third-party platforms it supports, including ease of use, functionality, and stability.
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Education and support. Quality and availability of training materials, webinars, and one-on-one coaching.
FAQs
Is overnight position holding risky for swing trading?
Holding positions overnight does expose swing traders to added risk from gaps against open positions. However, many successful swing traders embrace this approach to benefit from longer trends.
Is it possible to swing trade part-time?
Yes, swing trading enables participating in the markets without constantly watching screens. Trades can be placed in the morning and monitored occasionally during the day, allowing for other responsibilities. However, focus is still required.
What should I consider when choosing a prop firm for swing trading?
Look for flexibility in holding positions over weekends, sufficient leverage for your strategy, education support and a culture aligned with your trading approach.
Can you swing trade internationally with prop firm accounts?
Yes, many allow trading global markets like equities in both US, Europe and Asia depending on the firm's offered instruments.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Also, Andrey is a member of the National Union of Journalists of Ukraine (membership card No. 4574, international certificate UKR4492).
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
Proprietary trading (prop trading) is a financial trading strategy where a financial firm or institution uses its own capital to trade in various financial markets, such as stocks, bonds, commodities, or derivatives, with the aim of generating profits for the company itself. Prop traders typically do not trade on behalf of clients but instead trade with the firm's money, taking on the associated risks and rewards.
Volatility refers to the degree of variation or fluctuation in the price or value of a financial asset, such as stocks, bonds, or cryptocurrencies, over a period of time. Higher volatility indicates that an asset's price is experiencing more significant and rapid price swings, while lower volatility suggests relatively stable and gradual price movements.
Forex leverage is a tool enabling traders to control larger positions with a relatively small amount of capital, amplifying potential profits and losses based on the chosen leverage ratio.
Swing trading is a trading strategy that involves holding positions in financial assets, such as stocks or forex, for several days to weeks, aiming to profit from short- to medium-term price swings or "swings" in the market. Swing traders typically use technical and fundamental analysis to identify potential entry and exit points.
Diversification is an investment strategy that involves spreading investments across different asset classes, industries, and geographic regions to reduce overall risk.
