Sway Markets, a broker specializing in contracts for difference (CFDs), has announced the suspension of its operations, removing all content from its online platforms. However, its subsidiary prop trading firm, Sway Funded, continues to operate without interruption.

Suspension and Acquisition

Sway Markets, active since 2021, has taken down its website and social media profiles, with its X account now displaying the status "sold." According to reports, the broker has been acquired by Liquid Brokers, a new brand operating under the Pulse Markets Pty Ltd license.

Clients of Sway Markets are expected to be transferred to Liquid Brokers. However, information about the new entity is limited. Its website indicates that it serves only wholesale clients and does not provide over-the-counter (OTC) derivatives to retail investors.

Sway Funded's Continued Expansion

Despite the suspension of its parent company, Sway Funded remains active and is expanding through strategic acquisitions. In 2024, the firm acquired Karma Prop Traders and My Flash Funding, integrating their clients and challenges.

My Flash Funding continues to operate as an educational platform under Sway Funded’s management.

Industry Concerns

These developments have raised concerns regarding transparency and the long-term stability of prop trading firms. Calls for stricter regulatory oversight of brokers offering funded account challenges are increasing.

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