SabioTrade vs Seacrest Markets - Prop Firm Comparison (March 2026)
Head-to-head comparison of SabioTrade 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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SabioTrade
SabioTrade is an Ireland-based proprietary trading firm operated by Codevil IT Engineering Limited. It offers a single-phase evaluation with five account tiers ranging from $20,000 to $650,000. Traders must reach a 10% profit target while respecting a 5% daily loss...
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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 | 3.5 | 3.3 |
| Trustpilot Reviews | 714 | 1 |
| Headquarters | Ireland | South Africa |
| Age (Years) | 3 | N/A |
| Max Funding | $650,000 | $400,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 90% | 92.75% |
| Platforms | MT4 MT5 Quadcode | mt5 match-trader |
| Assets | Forex stocks indices commodities ETFs cryptocurrencies | FX Metals Indices Energy & Commodities Crypto |
| Leverage | ||
| FX Leverage | 30 | 30 |
| Metals Leverage | 25 | 10 |
| Crypto Leverage | 3 | 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 | 6 | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). |
| Drawdown Type | Trailing (dynamic drawdown calculated from the highest equity reached) | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) |
| Payouts | ||
| Payout Frequency | Weekly | Payouts every 14 days (VIP tiers faster). |
| Days to First Payout | 7 | 14 |
| Payout Processing Time | 1 | Processing 12–72 hours. |
| Payout Methods | Bank transfer | Crypto RiseWorks |
| Payments | ||
| Payment Methods | Credit/debit card Bank transfer | Credit/Debit Card Crypto Apple Pay |
| Trading Permissions | ||
| News Trading | News trading is allowed as long as traders comply with risk and drawdown limits. High-frequency activity around news events is prohibited. | News trading restricted on Live Sim (±3 minutes). |
| Weekend Trades | Overnight positions are allowed. Weekend holding depends on the selected plan, with some requiring positions to be closed before market close on Friday. | Weekend trading allowed. |
| Copy Trading | There is no formal copy-trading program. Traders are expected to trade their own strategies, and coordinated or mirrored trading is discouraged. | Copy trading allowed for own strategies only. |
| EA Allowed | Expert Advisors and automated strategies are permitted if they comply with the rules. High-frequency trading, scalping, and hedging strategies are not allowed. | EAs allowed on MT5 only. |
| KYC & Restrictions | ||
| KYC Required | No | Yes |
| KYC Stage | KYC and AML verification are required before receiving a funded account and payouts. Traders must submit valid government ID, proof of address, and identity verification. | KYC required at Live Sim stage. |
| Restricted Countries | OFAC-sanctioned countries including Iran North Korea Syria Cuba and other restricted jurisdictions | 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 |