Challenge Types

• Instant Account Challenge 
• Rapid Challenge
• Regular Challenge
  

• Profit Target and Split: 
  
  • 8%  profit target = 55% reward
  • 12% profit target = 65% reward
  • 16% profit target = 75% reward
• Maximum Daily Loss Rule: 3%
• Maximum Overall Loss Rule: 8% 
• Consistency Rule: 20%
• Fee is refunded with the first reward payout.
• Add-ons are not available for this account type.
  
  Rewards are capped at the defined step targets, and the account resets once a reward is requested.
  
  

The Rapid Challenge is a new challenge type that costs 50% more than the Regular Challenge depending on the account size of your choice. This challenge also features:

• One-Phase Evaluation: SF Traders only need to pass a single phase to get an SF Account, compared to two phases in the Regular Challenge.
• Profit Target: The reward is set at 15% by default, which will be increased to 30% when purchasing the 20/10 Drawdowns add on. 
• Maximum Daily Loss Rule: 5% by default (10% if 20/10 Drawdowns add on is purchased) 
• Maximum Overall Loss Rule: 10% by default (20% if 20/10 Drawdowns add on is purchased) 
  
  
  

  Add-ons available for Rapid Challange

  

The Regular Challenge is the standard challenge type offered by SwayFunded. It consists of a two-phase evaluation process before reaching the SF Trader Stage. The key rules include:

• Two-Phase Evaluation: SF Traders only need to pass two phases to get to the SF Trader Stage.
• Profit Target (Phase 1): The reward is set at 10% by default, which will be increased to 20% when purchasing the 20/10 Drawdowns add on. 
• Profit Target (Phase 2): The reward is set at 8% by default, which will be increased to 16% when purchasing the 20/10 Drawdowns add on.
• Maximum Daily Loss Rule (Both Phases): 5% by default (10% if 20/10 Drawdowns add on is purchased) 
• Maximum Overall Loss Rule (Both Phases): 10% by default (20% if 20/10 Drawdowns add on is purchased) 

Add-ons available for Regular

Yes, the core rules such as the maximum daily loss rule and maximum overall loss rule apply to all challenge types, including the Instant Account, Rapid, and Regular Challenges. However, the Consistency Rule does not apply to the Rapid and Regular Challenges. It only applies to the Instant Account Challenge.