Karma Prop Traders
Karma Prop Traders is recorded as closed. It is not a purchase option: see the closure record and update history below.
- From
- To verify
- Profit split
- N/A
- Drawdown
- Hybrid
- News trading
- Not recommended
- Proof level
- Partially verified
- Last review
- Payout
- Not applicable
Karma Prop Traders programs and prices
No active product recommended
This firm remains in the radar as a historical risk signal, but should not be considered a buying option.
Reliability profile
Bigger shape = safer on that axis. Hollow dot = provisional value.
What the file proves
- Legal entityPartial fileThe legal entity is not strong enough to treat this as fully verified.
- Regulatory riskHigh4 source link(s) saved for the legal and operating file.
- Payout proofInsufficientPayout risk is critical with no sourced payout signal.
- Source depthUsable source stack2 audit channel(s) checked by PropRadar.
Points to check
- Standalone Karma purchases/trading are paused.
- Migration/acquisition creates payout and account-continuity risk.
- Different Sway entity labels/registration numbers appear across Sway/Karma pages.
- Do not recommend as an active standalone prop firm.
Before you pay
- Open the official source links saved by PropRadar.
- Look for recent payout proof, denials and KYC complaints.
- Read the regulatory section before any checkout.
- Match the exact product rules with your strategy before scaling size.
Who you pay, and under which rules
Closed / migration risk. Karma Prop Traders should not be promoted as an active standalone prop firm. The current official page points users to Sway Funded and says old accounts are being migrated. Legacy users must verify pending payouts, account balances and migration terms directly with Sway.
2 entities · 1 country · 1 not identified yet
- Country to verify1Karma Prop Traders
Former/migrating brand; no standalone current operator details captured beyond acquisition notice.
- Saint Lucia2Sway Funded LTD / Sway Funded LLC
Acquirer / successor platform referenced by Karma Prop Traders site.
Reg. 2024-00342 on Karma footer; compare with Sway Funded current site disclosures
Country markers only come from official lists: FATF increased monitoring (2026-10-30) and the EU tax lists (2026-10-09). This country is not on them. No marker does not mean a country, or a firm, is safe: a regulator link only says who supervises financial firms there, not that this firm is licensed. See where all tracked firms are registered →
4Red flags
- Standalone Karma purchases/trading are paused.
- Migration/acquisition creates payout and account-continuity risk.
- Different Sway entity labels/registration numbers appear across Sway/Karma pages.
- Do not recommend as an active standalone prop firm.
4Regulator status
- Current site says Karma Prop Traders has been acquired by Sway Funded.
- Purchases and trading are paused at Karma Prop Traders.
- All future purchases are Sway Funded accounts.
- Footer says Sway Funded LTD is not a broker and does not accept deposits.
2Complaints and disputes
- Legacy users should verify pending payouts and account migration status through Sway Funded support/email.
- The Sway registration number shown on Karma differs from the current Sway site disclosure captured separately, so entity continuity needs manual reconciliation.
What traders report
Payout: CriticalRead traders yourself:Reddit payoutsReddit reviewsX payoutsX reviews
The radar detects significant payout risk: read the rules and recent feedback before any purchase.
Score breakdownTrustpilot, payout and review-manipulation scores, with the flags behind them
Trustpilot rating is not filled in PropRadar: the radar applies a conservative weighting.
Closed firm: not a purchase option. See the sources and update history below.
No fake-review alert has been counted by PropRadar for this firm. Check the Trustpilot page for its own transparency notices.
- Raw rating not filled
- Do not use Trustpilot alone
Guides that cover Karma Prop Traders
- Legal due diligenceProp Firm Legal Check: Entities, Terms and Red FlagsA prop firm can be legitimate enough to research but still not be a regulated broker or investment firm. The useful legal check starts with the contracting entity, jurisdiction, simulation disclaimer, regulator status, payment terms and payout dispute clauses.
- Payout searchFast Payout Prop Firms: Proof, Delays and TrapsA fast payout is useful only if the conditions are clear: minimum withdrawal, required trading days, caps, split, public feedback and incident history.
- TrustReliable Prop Firms: Reviews, Payouts and ProofA reliable prop firm combines clear rules, official sources, payout history, consistent community feedback, independent press/regulator checks and visible commercial conflicts.
- Review signalsProp Firm Reviews: Reddit vs Trustpilot SignalsTrustpilot and Reddit are useful sources, but not when they are read alone. A strong public rating can still hide payout problems, vague rules or aggressive discount campaigns that inflate positive reviews.
Karma Prop Traders: common questions
Is Karma Prop Traders a safe prop firm?
Karma Prop Traders is classified by PropRadar as "Avoid for now" with a 38/100 score and critical risk posture. This is not a guarantee: read the legal file, payout rules and official terms before paying.
Is Karma Prop Traders legally verified?
Partial file. The current regulatory file is rated High, with 4 saved source link(s) and a last legal check dated 2026-07-08.
Does Karma Prop Traders have payout risk?
PropRadar rates payout risk as critical with no sourced payout signal. Visible payout proof is classified as insufficient.
What should I check before buying Karma Prop Traders?
Standalone Karma purchases/trading are paused. Migration/acquisition creates payout and account-continuity risk.
Does PropRadar have an affiliate relationship with Karma Prop Traders?
Commercial status: No affiliate link. Affiliate status never protects a firm from score penalties, watchlist status or payout-risk warnings.
Proof and update history
Official site checked. Karma Prop Traders now says it has been acquired by Sway Funded, that purchases and trading have been paused at Karma Prop Traders, active accounts are to be migrated to Sway Funded, pending payouts should be handled through Sway, and all future purchases are Sway Funded accounts. Footer says Sway Funded LTD is not a broker and does not accept deposits, with a Saint Lucia registration number shown as 2024-00342.
CheckedOfficial siteRisk archive
Incidents on file
No detailed independent incident recorded. The profile stays cautious until rules, payouts and recent reviews are sourced more precisely.
Risk archive kept to avoid misleading searches.
Sources to check
Last review 2026-06-29. Prices and rules can change: recheck the official sources before any decision.