PipFarm vs Seacrest Markets - Prop Firm Comparison (March 2026)
Head-to-head comparison of PipFarm 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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PipFarm
PipFarm is operated by ECI Ventures Pte. Ltd. (Singapore) and provides simulated trading challenges on the cTrader platform. Traders who pass a Trading Challenge may be enrolled in PipFarm’s Remote Trader Program and earn a reward (profit share) based on...
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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 | 4 | 3.3 |
| Trustpilot Reviews | 351 | 1 |
| Headquarters | Singapore | South Africa |
| Age (Years) | 3 | N/A |
| Max Funding | $300,000 | $400,000 |
| Profit Split Start | 70% | 80% |
| Profit Split Max | 99% | 92.75% |
| Platforms | cTrader | mt5 match-trader |
| Assets | Forex Metals Energy Indices Crypto | FX Metals Indices Energy & Commodities Crypto |
| Leverage | ||
| FX Leverage | 30 | 30 |
| Metals Leverage | 20 | 10 |
| Crypto Leverage | 10 | 2 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | Maximum Daily LossPipFarm’s Max Daily Loss rule is calculated as a percentage of the previous end-of-day (EOD) balance. By default, the daily loss limit is 3% of the previous EOD balance and is recalculated when the previous EOD balance changes. PipFarm states the EOD is calculated in the dashboard around 22:05 GMT (winter) or 21:05 GMT (US daylight savings). PipFarm also states traders may increase the daily loss limit to 4% after achieving Rank 4 in its Experience Programs. | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). |
| Max Total Loss | Maximum Overall LossPipFarm offers different maximum-loss models depending on program selection. For Static Max Loss, PipFarm states the one-stage program uses a 6% Static Max Loss of starting balance, while the two-stage program uses a 9% Static Max Loss of starting balance. For the one-stage program, PipFarm also offers a Trailing Maximum Loss option which tracks a high watermark (balance-based) and is 9% of the high watermark balance (10% if Rank 2 or higher). | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| Drawdown Type | Drawdown ModelPipFarm’s public rules describe multiple drawdown frameworks, including: (1) a Static Max Loss (fixed percentage of starting balance), (2) a balance-based Trailing Max Loss (tracks the high watermark of account balance), and (3) an equity-based trailing max drawdown rule (high-watermark equity-based), as described in PipFarm’s Terms. | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| Payouts | ||
| Payout Frequency | Payout FrequencyBy default, PipFarm schedules and processes payouts automatically on the first Friday of each month. Optional payout-frequency add-ons are available: Bi-weekly (1st and 3rd Friday of each month, +10%) and Weekly (every Friday, +25%). | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 0 | 14 |
| Payout Processing Time | Payout ProcessingPipFarm states payouts are processed automatically at 06:00 GMT on the eligible Friday and completed by 23:59 GMT the same day, provided requirements are met and there are no open positions. PipFarm’s Terms also describe a $1,000 compensation policy if a scheduled payout is missed due to internal company error (subject to conditions), and note payouts may be suspended or delayed for investigation or verification requirements. | Processing 12–72 hours. |
| Payout Methods | Rise Skrill USDT USDC | Crypto RiseWorks |
| Payments | ||
| Payment Methods | PipFarm’s Terms state it accepts payment through various methods (including credit cards e-wallets and cryptocurrencies) though availability may vary by user and time. | Credit/Debit Card Crypto Apple Pay |
| Trading Permissions | ||
| News Trading | PipFarm’s marketing materials state it allows news trading and that it does not dictate how users should trade. PipFarm’s Terms also prohibit exploitative trading strategies (including “news straddling”). | News trading restricted on Live Sim (±3 minutes). |
| Weekend Trades | N/A | Weekend trading allowed. |
| Copy Trading | PipFarm’s Terms list copy-trading/managed-account services (e.g., MQL5 or ZuluTrade) as prohibited trading practices, and also prohibit trading on behalf of others or having others trade on your behalf. | Copy trading allowed for own strategies only. |
| EA Allowed | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. | EAs allowed on MT5 only. |
| KYC & Restrictions | ||
| KYC Required | No | Yes |
| KYC Stage | PipFarm’s Terms state that to participate in the Remote Trader Program, the user must pass an ID verification process after passing a Trading Challenge for the first time. PipFarm states verification is completed via ComplyCube or Veriff and may require an identity document, a selfie, and (in some cases) proof of address, questionnaires, or a video call. | KYC required at Live Sim stage. |
| Restricted Countries | Afghanistan Central African Republic Congo (Republic of the Congo) Crimea Democratic Republic of Congo Iran Libya North Korea Somalia South Sudan Sudan Syria Yemen | 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 |