What swing traders should check
- Overnight and weekend holding: are positions allowed to stay open from Friday to Monday?
- Time limit: swing setups are rare, so a 30-day deadline forces bad trades.
- Drawdown type: static, trailing intraday or trailing end-of-day.
- Daily loss basis: on equity (floating losses count) or on closed balance.
- Swap costs on positions held overnight.
Static vs trailing vs end-of-day drawdown
A static limit never moves, which is the most comfortable for swing traders. An intraday trailing limit follows your highest equity, including open profit, so a trade that runs and then pulls back can tighten the floor. An end-of-day trailing limit only updates at the daily close, which is easier on swing trades than intraday trailing. Axora Funded uses intraday trailing limits on every account; we do not offer an end-of-day drawdown.
| Drawdown type | Moves with open profit? | Swing-friendly? |
|---|---|---|
| Static | Never | Most |
| Trailing end-of-day | Only at the daily close | Good |
| Trailing intraday | Yes, with your highest equity | Needs smaller size |
Which Axora Funded programme to choose
If you hold over weekends, choose the 1-Step: weekend holding allowed and a 3% daily / 6% trailing limit. If you close every Friday, the 2-Step gives you the wider 8% trailing floor. Either way, size swing trades smaller than intraday ones because stops are wider.