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Swing trading

Prop firm swing trading: verify overnight, weekend and drawdown before price

For swing trading, you need a firm that allows longer holds, weekends or at least clear rules on rollover, gaps, news and payout timing.

Reviewed by PropRadar ResearchOfficial terms, legal files, payout signals and independent community sources.
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Trading dashboard illustrating drawdown, consistency and rule restrictions
Program-rule analysis

A rule that looks simple at brand level can change by program, stage, event window or payout cycle.

8linked firms
8legal files mapped
7payout watch profiles
2026-07-19guide updated
Legal proof8/8Selected firms with mapped legal entity or operating structure.Payout watch7Selected firms where payout risk is above low.Deep sources4Selected firms with five or more source links saved.Review context3Main keywords plus filtered review and source context.Legal watch1Profiles needing extra legal or source caution.
Editorial standard

How PropRadar produced this guide.

The article is built from program-level rules and evidence, then edited around the decision a trader must make before checkout.

Read the full research methodology
Who
PropRadar Research reviews the guide and links the firms, rules and source files used.
How
Official terms come first; legal records, payout evidence and independent community signals provide context.
Why
The purpose is risk-first decision support. No firm can purchase a better ranking or remove a documented warning.
Freshness
Article updated ; core program sources checked 2026-07-15.
Swing-trading fit

Can you hold overnight and through the weekend?

You are looking for a prop firm that fits a specific method, not a global score that decides everything for you. For swing trading, the decisive points are overnight holding, weekends, gaps, drawdown type and payout delay. A firm can be excellent for intraday traders and poor for swing traders if it forces you to close too early.

Trade The Pool, City Traders Imperium, GOAT Funded Trader stand out as options to compare, but only after checking the exact program. Two offers from the same firm can have different rules on news, overnight holding, drawdown or platforms.

The best reflex is to choose the rule you can respect every day, not the firm that promises the biggest capital on the marketing page.

Overnight holdingWeekend gapsRollover rules
Holding checks

Verify what happens while the trade stays open.

  • Verify overnight and weekend rules in challenge and funded stages.
  • Understand whether drawdown is static, EOD or trailing.
  • Read restrictions around gaps and news.
  • Compare payout delay with your average trade duration.
Swing comparison

Compare holding permission, gap risk and drawdown.

A program built for intraday trading can become unsuitable when positions cross rollover, news or the weekend.

FirmFlagship offerEntry feeAccountTargetDrawdownSplit / payoutPlatforms
Trade The PoolUS stock traders
Payout LowLegal MediumUsable sources
Stock Trading ProgramStocks program with defined buying power and loss rules.
Entry fee$97 - $1,240
Account$20,000 - $260,000
Targetvariable by program
DrawdownVariable
Split / payoutup to 80%Low
PlatformsDedicated platform
City Traders Imperiumforex and CFD traders comparing challenge and no-evaluation paths with an education layer
Payout MediumLegal Medium to highDeep sources
CTI 2-Step ChallengeTwo-phase simulated evaluation with static balance-based loss limits and the lowest advertised entry price.
Entry fee$39+
Account$2,500 - $200,000
Target10% in phase 1, 5% in phase 2
Drawdown10% static, balance-based
Split / payoutUp to 100% by progression tierMedium
PlatformsMT5 / Match-Trader
GOAT Funded TraderCFD traders sensitive to discount pricing
Payout MediumLegal Medium to highUsable sources
GOAT Challenges / Instant1-step, 2-step, 3-step and Instant programs with news trading, weekend holding and multiple platforms depending on configuration.
Entry fee$35+
Account$2,500 - $400,000
Targetvariable by model
Drawdown6% to 10% depending on model
Split / payoutup to 100% depending on conditionsMedium
PlatformsMT5 / TradeLocker / cTrader
The Concept Tradingforex/cfd to verify in the radar
Payout MediumLegal MediumDeep sources
The Concept Trading Prop AccountsAustralian education and prop-account program with Instant Funded, 1-step, 2-step/Foundation and scaling models, no daily drawdown and weekly payout claims.
Entry fee$65+
Account$1,000 - $200,000
Target6% to 10% depending on model/level
Drawdown3% to 10% static drawdown depending on model
Split / payoutup to 90% depending on conditionsMedium
PlatformsPlatform 5 / TradeLocker
Tiger Fundedforex/cfd to verify in the radar
Payout MediumLegal MediumUsable sources
TigerFunded EvaluationEvaluation and instant-style prop programs advertised with Match-Trader and Platform 5 access, simulated capital, 48h rewards and scaling claims.
Entry fee$234+
Account$10,000 - $500,000
Target8% / 5% on the displayed 2-step example
Drawdown12%
Split / payoutup to 95% depending on conditionsMedium
PlatformsMatch-Trader / Platform 5
Get Leveragedforex/cfd to verify in the radar
Payout MediumLegal HighDeep sources
Portfolio Manager SimulationPortfolio program with Jr, Sr and Executive levels. Public material also references Turbo, Sprint and related variants; rules must be checked by exact program.
Entry fee$100+
Account$5,000 - $1,000,000
Target5% to 10% depending on level
Drawdownroughly 6% to 10% depending on level
Split / payoutup to 80% depending on conditionsMedium
PlatformsProprietary platform / To verify
Decisive rule

Check the rule that directly affects your style: overnight for swing, news for macro, EA/copy trading for algo, spread and daily loss for SMC.

Right profile

A good firm for your style must let you execute your normal plan without changing risk management just to survive the rules.

Mistake to avoid

Do not choose a firm because it is popular if its program bans exactly what makes your strategy work.

Swing candidates

Firms to verify for longer holding periods.

Filtered for swing-related permissions and checked against current payout risk.

1
Trade The PoolUS stock traders
Legal MediumPartially verifiedUsable sources
DrawdownStatic
Min. price$97
PayoutLow
TrustpilotMedium4 source link(s)
Score76/100
2
City Traders Imperiumforex and CFD traders comparing challenge and no-evaluation paths with an education layer
Legal Medium to highMulti-source verifiedDeep sources
DrawdownHybrid
Min. price$39
PayoutMedium
TrustpilotMedium7 source link(s)
Score74/100
3
GOAT Funded TraderCFD traders sensitive to discount pricing
Legal Medium to highPartially verifiedUsable sources
DrawdownHybrid
Min. price$35
PayoutMedium
TrustpilotMedium3 source link(s)
Score68/100
4
The Concept Tradingforex/cfd to verify in the radar
Legal MediumPartially verifiedDeep sources
DrawdownHybrid
Min. price$65
PayoutMedium
TrustpilotLow5 source link(s)
Score68/100
5
Tiger Fundedforex/cfd to verify in the radar
Legal MediumPartially verifiedUsable sources
DrawdownHybrid
Min. price$234
PayoutMedium
TrustpilotLow4 source link(s)
Score60/100
6
Get Leveragedforex/cfd to verify in the radar
Legal HighPartially verifiedDeep sources
DrawdownStatic
Min. price$100
PayoutMedium
TrustpilotLow6 source link(s)
Score56/100
7
DirectFundedTraderforex/cfd to verify in the radar
Legal Medium to highPartially verifiedDeep sources
DrawdownHybrid
Min. price$10
PayoutHigh
TrustpilotLow5 source link(s)
Score55/100
8
Cove Fundedforex/cfd to verify in the radar
Legal Medium to highPartially verifiedUsable sources
DrawdownHybrid
Min. price$56
PayoutHigh
TrustpilotLow4 source link(s)
Score54/100
FAQ

Questions to settle before holding a funded trade overnight.

Do all prop firms allow swing trading?

No. Some limit overnight, weekend or news trading. The exact program must be reread. The important point is to verify official sources and the exact program conditions before paying.

Which drawdown is better for swing trading?

Static or EOD drawdown is often easier to read than strict intraday trailing drawdown. The important point is to verify official sources and the exact program conditions before paying.