What Is a Swing Account?
A Swing account allows traders to hold positions overnight and across multiple trading sessions.
Unlike Intraday accounts, which require positions to be closed before the end of each trading day, Swing accounts allow positions to remain open overnight and through weekends.
Profit benchmark targets are measured weekly instead of daily.
Key Differences
Feature | Intraday Account | Swing Account |
Profit Target Period | Daily | Weekly |
Overnight & Weekend Holding Positions | Not allowed | Allowed |
Position Close Rule | Must close daily | Can hold multi-day (No limit on how long) |
Account Pricing
Swing accounts have a one-time retail purchase price and optional reset fees.
Pricing depends on account size and asset class.
For full details including:
Account purchase price
Reset pricing
Signing bonus amounts
Please see the Pricing & Plans FAQ.
How Benchmarks Work
Benchmarks measure weekly trading performance during the simulation phase.
A benchmark represents one successful trading week.
You earn one benchmark when your realized profit from closed trades during a week meets or exceeds the weekly profit target for your account size.
Open profits do not count toward benchmarks.
Weekly Benchmark Targets
Account Size | Weekly Benchmark |
$12,500 | $625 |
$25,000 | $1,250 |
Important benchmark rules
Only closed trades count toward benchmarks
Open trades do not count
Benchmarks are evaluated at the end of the trading week (Friday EOD)
You do not need to trade every day
Trades spanning multiple weeks
If a trade is opened in one week and closed in another, the profit counts toward the week in which the trade closes.
Hitting the target early
If you reach your weekly target early in the week, the benchmark is still officially counted on Friday EOD provided:
The profit target is still met
No rule violations occurred
How Many Benchmarks Are Required?
To qualify for a Real Prop account, traders must complete 6 to 8 weekly benchmarks.
Accounts are typically reviewed once a trader reaches 6 benchmarks.
Final approval is determined by the Risk team.
There is no time limit to complete benchmarks.
Trading Rules
Is there a daily profit target?
No.
Swing accounts only use weekly benchmarks. There are no daily targets.
Is there a minimum number of trading days?
No.
You can trade as often or as little as you want during the week.
Is there a time limit to pass?
No.
You may take as long as needed as long as you remain within the risk limits.
Stock Buying Power (Swing Accounts)
Stocks Swing accounts have 2× buying power relative to the account size.
Account Size | Maximum Stock Buying Power |
$12,500 | Up to $25,000 in stocks |
$25,000 | Up to $50,000 in stocks |
This allows traders to hold stock positions worth up to double the account balance, while all standard risk rules and drawdown limits still apply.
Trailing Drawdown
The trailing drawdown is the maximum amount your account balance can fall from its highest level.
If your account equity falls to or below the trailing drawdown limit, the account is failed.
Drawdown Limits
Account Size | Trailing Drawdown |
$12,500 | $1,250 |
$25,000 | $2,500 |
This rule applies:
• During market hours
• Overnight
• Over weekends
MAE (Maximum Adverse Excursion)
MAE measures how far a trade moves against you while it is open. Each account has a maximum allowed adverse movement per trade.
Account Size | MAE Limit |
$12,500 | $625 |
$25,000 | $1,250 |
If an account exceeds the MAE threshold three times, the account may be flagged and failed.
This rule encourages disciplined risk management.
For more informaton, click here: What is MAE and how do MAE Warnings work?
Overnight Risk
Because Swing accounts allow overnight and weekend holding, price movements outside market hours can impact your account.
If a market move causes your account to breach the trailing drawdown, the account will be failed.
The firm is not responsible for losses caused by after-hours price movements.
Allowed and Prohibited Trading Behavior
Hedging
Hedging is not permitted on Swing accounts.
News Trading
News trading is allowed.
IPO Trading
Trading newly listed IPO stocks is not permitted.
Tradeable Instruments
Swing accounts support both Futures and Stocks.
Each instrument has specific requirements and position limits.
Please review all symbols on this page: Platform, Data & Symbols
Stock Trading Requirements
Stock trading on Swing accounts has additional liquidity rules.
Minimum Volume Requirement
Stocks must have at least 2 million shares of average daily trading volume.
This requirement ensures sufficient liquidity for multi-day positions.
How to check volume
Average daily volume can be verified using most financial platforms, including:
TradingView
Finviz
Yahoo Finance
Bloomberg
Pattern Day Trader Rule
The PDT rule does not apply to Swing simulation or Real Prop accounts.
Dividends and Reverse Splits
Traders should close stock positions before:
Dividend record dates
Reverse stock split events
Holding through these events may result in unexpected adjustments to positions.
The firm is not responsible for account impacts caused by these events.
Account Limits
Swing accounts follow the platform's account limit rules.
You may hold up to:
5 Futures Swing accounts
5 Stocks Swing accounts
Maximum total Swing accounts: 10
Real Prop Account Limits
Once called to Real Prop, traders may hold:
Up to 3 Futures Real Prop accounts
1 Stocks Real Prop account
Signing Bonus
When traders successfully transition to a Real Prop account and sign the funding agreement, they receive a one-time signing bonus based on account size.
The signing bonus is paid in addition to normal trading payouts and is not subject to the profit split.
Payment Structure
50% paid when the Real Prop contract is signed
Remaining 50% distributed across the first two Real Prop payouts
Profit Split and Payouts
Profit Split
Real Prop accounts use an 80/20 profit split.
Trader keeps 80%
Firm receives 20%
Payout Schedule
Real Prop payouts are processed monthly.
Payout requests can be submitted once per month when the account is profitable.
Fees and Commissions
There are no ongoing subscription or platform fees after purchasing an account.
Standard trading commissions may apply depending on the platform and instrument traded.
These are normal exchange or broker execution fees and are not additional firm charges.
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