Swift Funding
OVERVIEW
Swift Funding, led by CEO K Warner, was established in January 2024 and operates out of Hong Kong. The firm has partnered with ThinkMarkets as its broker and provides access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. The firm offers a range of account sizes from $5,000 to $100,000, accommodating various levels of trader experience. Swift Funding offers 80% of the profits they generate and allows traders to choose between a single-phase option with a 10% profit target, or a two-phase option with an 8% target in Phase 1 and 5% in Phase 2. Their risk management parameters entail maximum daily loss limits set between 4% and 5%, and total drawdown limits ranging from 6% to 10%. Additionally, the firm offers a wide array of trading instruments, including Forex majors, minors, and exotics, as well as indices, cryptocurrencies, and commodities. Leverage options at Swift Funding vary depending on the asset class. Currency pairs have a leverage of 1:100 for the Pro and Sprint accounts, and 1:50 for the Elite account. Metals are offered at 1:80 for gold (XAU) and 1:25 for silver (XAG), indices at 1:20, cryptocurrencies at a conservative 1:2, and oil at 1:40.
Currently they offer a simulated scaling plan that increases your accounts initial balance by 25% every 3 months assuming certain criteria is met. Your account must be a fresh account at the starting balance, you must also have achieved a total profit of 12% or more within the 90 day period before requesting a scale up.
For example: Month 1: +6% Month 2: -3% Month 3: +9% Total = 12%