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.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.
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Swift Funding

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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:

  1. High-Frequency Trading
  2. News Scalping
  3. Arbitrage EAs (Reverse and Latency)
  4. Multi-Account Reverse Trading
  5. Tick Scalping
  6. 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

Sprint Price Card Bar

Pricing

Size: $5000 ($49)

Size: $10000 ($99)

Size: $25000 ($199)

Size: $50000 ($299)

Size: $100000 ($499)

Sprint Left Icon

Features

Sprint Right Icon

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

Pro Price Card Bar

Pricing

Size: $5000 ($49)

Size: $10000 ($99)

Size: $25000 ($199)

Size: $50000 ($299)

Size: $100000 ($499)

Pro Left Icon

Features

Pro Right Icon

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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