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Regular vs Swing Account Type
Regular vs Swing Account Type

What differences can be identified between various account types?

Updated over 3 months ago

Overview

Our Two Step Challenge offers two account options: Regular and Swing, which are designed to cater to your specific trading preferences. This article explores the key differences between these options.

News Trading

  • Regular and Swing Accounts: News trading is permitted however, any profit generated during the 4 minute window either side of the news event will be removed.

Weekend Holding

  • Regular Accounts: All trades must be closed before market closure on Friday at 4:00pm EST; holding positions over the weekend is not permitted.

  • Swing Accounts: Allowed to hold trades over the weekend.

Leverage

  • Regular Accounts (Forex Instruments): 1:100 Leverage.

  • Swing Accounts (Forex Instruments): 1:30 Leverage. Leverage for other instruments can be checked in the linked article.


Note: Effective 02.08.2024, customers can no longer switch Account Types after placing a trade on a Funded account. This policy change is crucial to prevent exploitation and maintain the integrity of our trading platform.

All other program aspects remain consistent across both Account Types.

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