BrightFunded vs Seacrest Markets - Prop Firm Comparison (March 2026)
Head-to-head comparison of BrightFunded and Seacrest Markets. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed March 2026.
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BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
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Seacrest Markets
Seacrest Markets (formerly MyFundedFX) is a broker-backed prop evaluation program offering MT5 and Match-Trader simulated challenges with no time limits, up to $400,000 total simulated value across active accounts, 80% profit split on Live Sim accounts (with VIP tiers up...
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| Overview | ||
| Trustpilot Rating | 0 | 3.3 |
| Trustpilot Reviews | 0 | 1 |
| Headquarters | United Arab Emirates | South Africa |
| Age (Years) | N/A | N/A |
| Max Funding | $400,000 | $400,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 100% | 92.75% |
| Platforms | MT5 cTrader DXtrade | mt5 match-trader |
| Assets | FX Commodities Indices Crypto | FX Metals Indices Energy & Commodities Crypto |
| Leverage | ||
| FX Leverage | 100 | 30 |
| Metals Leverage | 40 | 10 |
| Crypto Leverage | 5 | 2 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | 5 | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
| Max Total Loss | 10 | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| Drawdown Type | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| Payouts | ||
| Payout Frequency | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 30 | 14 |
| Payout Processing Time | Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. | Processing 12–72 hours. |
| Payout Methods | Crypto (USDC – ERC-20) Bank Transfer | Crypto RiseWorks |
| Payments | ||
| Payment Methods | Credit/Debit Card Crypto | Credit/Debit Card Crypto Apple Pay |
| Trading Permissions | ||
| News Trading | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. | News trading restricted on Live Sim (±3 minutes). |
| Weekend Trades | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. | Weekend trading allowed. |
| Copy Trading | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. | Copy trading allowed for own strategies only. |
| EA Allowed | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. | EAs allowed on MT5 only. |
| KYC & Restrictions | ||
| KYC Required | Yes | Yes |
| KYC Stage | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. | KYC required at Live Sim stage. |
| Restricted Countries | Cuba Iran North Korea Syria Vietnam | Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States |