Funded7 vs Seacrest Markets - Prop Firm Comparison (March 2026)
Head-to-head comparison of Funded7 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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Funded7
Funded7 is a Cyprus-based next-generation prop trading firm founded in 2025, offering One-Phase, Two-Phase, Two-Phase NEO, and Instant Funding challenges with account sizes up to $500,000. With trader-friendly rules (no consistency requirements during challenges), static drawdown models, and up to...
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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 | 3.8 | 3.3 |
| Trustpilot Reviews | 70 | 1 |
| Headquarters | Cyprus | South Africa |
| Age (Years) | 1 | N/A |
| Max Funding | $500,000 | $400,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 90% | 92.75% |
| Platforms | MT5 cTrader | mt5 match-trader |
| Assets | Forex (43 pairs: 7 Majors 21 Minors 15 Exotics) Indices (14) Precious Metals (Gold Silver Palladium Platinum) Oil (Energy) (USOIL UKOIL) Energies Crypto (BTC ETH LTC SOL BNB BCH XRP) | FX Metals Indices Energy & Commodities Crypto |
| Leverage | ||
| FX Leverage | 50 | 30 |
| Metals Leverage | 10 | 10 |
| Crypto Leverage | 3 | 2 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | Maximum Daily LossFunded7 applies different daily loss limits by challenge type: 4% for One-Phase, and 5% for Two-Phase, Two-Phase NEO, and Instant Funding. The daily loss is calculated from the day's starting equity and includes both closed trades and floating P/L. Breaching this limit results in account failure. | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
| Max Total Loss | Maximum LossFunded7 applies different overall loss limits: 8% for One-Phase (static from initial balance), 10% for Two-Phase and Two-Phase NEO (static from initial balance), and 6% for Instant Funding (static). All drawdown calculations are balance-based and include floating P/L. Breaching this limit results in account failure. | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| Drawdown Type | Drawdown ModelFunded7 uses a static (balance-based) drawdown model across all challenge types. The maximum loss limit is fixed from the initial account balance and does not trail with equity. On funded accounts, a High Water Mark applies. Both closed trades and floating P/L are included in calculations. | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| Payouts | ||
| Payout Frequency | Payout FrequencyFunded7 traders are eligible for payouts every 7 days from the last withdrawal or account creation date. First payout can be requested after 7 days of funded trading.Note: There is a maximum monthly payout cap of $10,000 per client. Two-Phase NEO accounts can scale this to $12,000 (1.2x) upon reaching the cap. | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 7 | 14 |
| Payout Processing Time | Payout ProcessingPayout requests are processed within 1 business day. Withdrawals automatically close all open trades, and the account enters read-only mode until processing is complete. | Processing 12–72 hours. |
| Payout Methods | Revolut Instant Crypto (ETH/USDC) Bank Transfer | Crypto RiseWorks |
| Payments | ||
| Payment Methods | Credit Card PayPal Crypto | Credit/Debit Card Crypto Apple Pay |
| Trading Permissions | ||
| News Trading | News trading is allowed at Funded7. Traders can trade before, during, and after high-impact news releases for all challenge types and funded accounts. However, Funded7 advises trading news responsibly — excessive risk-taking around major releases that breaches daily or total loss limits will still result in account failure. | News trading restricted on Live Sim (±3 minutes). |
| Weekend Trades | Weekend holding is fully allowed at Funded7. Traders can hold positions over the weekend without restrictions for all challenge types and funded accounts. There are no requirements to close positions before market close. | Weekend trading allowed. |
| Copy Trading | Copy trading is strictly prohibited at Funded7. This includes automated copy trading services, 'pass my challenge' schemes, signal services, copy-trade platforms, and any trading that results in identical entries across multiple accounts. Reverse copy trading is also banned. | Copy trading allowed for own strategies only. |
| EA Allowed | EAs are allowed at Funded7, provided the strategy is legitimate and does not exploit system mechanics. However, the following are prohibited: ready-made EAs that result in identical entries for all users, EAs that overload servers with excessive requests, and any automated trading that bypasses the purpose of skill evaluation. | EAs allowed on MT5 only. |
| KYC & Restrictions | ||
| KYC Required | No | Yes |
| KYC Stage | Funded7 requires KYC verification before the first payout. Documents are submitted via email to support. Required documents typically include government-issued ID and proof of address. KYC is not required to purchase a challenge or start trading – only when requesting the first withdrawal. | KYC required at Live Sim stage. |
| Restricted Countries | Afghanistan Belarus Cuba Cyprus North Korea Iran Iraq Myanmar Russian Federation Syria Yemen Crimea Donetsk Palestine Palestinian Territory United States Vatican City | 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 |