Details About Swift Funding
- Legal Name: The legal name of Swift Funding is WWVL Swift Solutions Ltd.
- Company Number: The registration number of Swift Funding is C452157.
- Country of Registration: Swift Funding is registered in CY.
- CEO: The CEO of Swift Funding is KEVIN ALEXANDER WARNER.
- Support Mail: You can contact Swift Funding at [email protected].
- Phone: The phone number for Swift Funding is not publicly available.
- Payment Modes: Swift Funding supports payments via Wire transfer/ Bank Transfer, Credit/Debit Card.
- Withdrawal Modes: Swift Funding facilitates withdrawals through Crypto, Rise.
- Official Website: Visit the official website of Swift Funding at https://swiftfunding.io.
- Banned Countries: Swift Funding does not allow traders from Cuba, Iran, Iraq, North Korea, Lebanon, Libya, Pakistan, Somalia, Sudan, Syria, United States, Vietnam.
Challenge Details at Swift Funding
- Types of Challenge:The challenges offered at Swift Funding include One Phase Challenge, Two Phase Challenge.
- Trading Platforms:Swift Funding supports trading on MatchTrader, cTrader, DXTrade.
- Trading Instruments:Traders at Swift Funding can trade Forex, Futures, Indices, Crypto, Metals.
- Broker:The broker associated with Swift Funding is ThinkMarkets.
- Max Allocation:The maximum allocation provided by Swift Funding is 200,000.
- Scaling:The scaling potential at Swift Funding reaches up to not available.
- Trading Competitions:Swift Funding does not organize trading competitions for traders.
- Free Trials:Swift Funding does not offer free trials to its users.
Company Information
- Company Name: Swift Funding
- Company Legal Name: WWVL Swift Solutions Ltd
- Company Registration No.: C452157
- Operating Since: Undisclosed
- CEO Name: Kevin Alexander Warner
Challenge Details
Swift Funding had offered two types of challenge programs: Sprint and Pro, both designed to accommodate traders of varying experience levels. Here’s an overview of the pricing and rules of these challenges:
Sprint Challenge Details
Pricing:
- Size: $5,000 ($49)
- Size: $10,000 ($99)
- Size: $25,000 ($199)
- Size: $50,000 ($299)
- Size: $100,000 ($499)
Rules:
- Profit Target: 10%
- Total Loss: 6%
- Daily Loss: 3%
- Profit Share: Undisclosed
- Drawdown Type: Undisclosed
- Time Limit: Unlimited
- Leverage: 1:50
- Max Lot Size: No limit
- Payout Frequency: Undisclosed
- Allowed Copy Trading: Undisclosed
- Min Trading Days: Undisclosed
Pro Challenge Details
Pricing:
- Size: $5,000 ($49)
- Size: $10,000 ($99)
- Size: $25,000 ($199)
- Size: $50,000 ($299)
- Size: $100,000 ($499)
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 8%
- Daily Loss: 5%
- Profit Share: Undisclosed
- Drawdown Type: Undisclosed
- Time Limit: Unlimited
- Leverage: 1:100
- Max Lot Size: No limit
- Payout Frequency: Undisclosed
- Allowed Copy Trading: Undisclosed
- Min Trading Days: 1
Scaling Plan
Swift Funding did not offer a scaling plan.
Spreads and News Trading Rule
Spreads:
Swift Funding did not mention any information related to applied spreads on their platform.
News Trading Rules
Swift Funding did not mention any information on if they allow news trading on their platform.
Other Important Rules
Daily Drawdown Calculation
Swift Funding did not mention any information on their daily drawdown calculation.
Countries Banned from Purchasing
Swift Funding adhered to regulatory compliance and restricted traders from countries on the OFAC list or other sanctioned regions, including:
- Cuba
- Iran
- Lebanon
- Libya
- North Korea
- Pakistan
- Somalia
- Sudan
- Syria
- Vietnam
- Yemen
Prohibited Trading Strategies
Swift Funding had a strict policy against certain trading strategies to ensure fair trading practices. The prohibited categories included:
- High-Frequency Trading
- News Scalping
- Arbitrage EAs (Reverse and Latency)
- Multi-Account Reverse Trading
- Tick Scalping
- EAs Designed to Abuse Demo Servers
Payout Methods
Swift Funding offered two main payout methods :-
- Crypto
- Rise
Trading Commissions
Swift Funding did not mention any information on how much trading commissions was charged on their platform.
IP Rule
Swift Funding did not mention any information related to IP Rule on their website.
Swift Funding Challenge Account Pricing
Sprint
Pricing
Size: $5000 ($49)
Size: $10000 ($99)
Size: $25000 ($199)
Size: $50000 ($299)
Size: $100000 ($499)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%%
EA Allowed
EA Not Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
3%
Pro
Pricing
Size: $5000 ($49)
Size: $10000 ($99)
Size: $25000 ($199)
Size: $50000 ($299)
Size: $100000 ($499)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
8%%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
8%-5%
Daily Loss
5%
Frequently Asked Questions
Reviews
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