How do the program types at Seacrest Markets break down?
💡 Answer
Looking for the full program lineup? Seacrest Markets offers: • 1-Step Challenge (single phase): 10% profit target, 4% daily loss limit, 6% trailing max drawdown (locks at starting balance after reaching 6% profit), minimum profitable days requirement, no time limit• 2-Step Challenge (evaluation + verification): 8% profit target in Phase 1 and 5% in Phase 2, 5% daily loss limit, 8% overall static drawdown, minimum profitable days requirement, no time limit
• 3-Step Challenge (multi-phase): daily loss and max loss rules published for the 3-Step plan, with minimum profitable days requirement and no time limit (phase targets depend on the plan selection in the dashboard)
• Live Simulated Accounts: no profit target; trade under daily and max drawdown rules, request payouts on a fixed schedule, earn an 80% base gain split (VIP tiers can increase split and allow faster withdrawals)
• Scaling & Merging: 2-Step scaling plan available; account merging supported under defined constraints (primarily for 2-Step accounts)
Explore which program suits your trading style at Seacrest Markets official website.
More FAQs about Seacrest Markets
- What trading approaches are permitted at Seacrest Markets, and are any strategies restricted?
- How are payments processed at Seacrest Markets, and what is the refund policy?
- How are trader payouts structured at Seacrest Markets, including payout frequency and payment methods?
- What is the top profit split rate at Seacrest Markets for funded traders?
- What markets does Seacrest Markets allow traders to trade across?
- Can you explain the leverage limits at Seacrest Markets for forex, indices, metals, and cryptocurrency trading?
- What trading platforms can traders access at Seacrest Markets, and which broker is used for order execution?
- What are the key execution-related trading conditions at Seacrest Markets, including spreads, commissions, and slippage?
- How does Seacrest Markets regulate trading behavior, including restricted strategies, martingale rules, and lot size limits?
- What drawdown method is enforced by Seacrest Markets?
- Are there specific consistency or percentage-based rules at Seacrest Markets?
- Does Seacrest Markets offer different program or evaluation models?
- Can you explain the challenge model used by Seacrest Markets?
- What is the maximum account funding at Seacrest Markets, and can traders benefit from a scaling plan?
- How many Trustpilot reviews does Seacrest Markets have, and what is its rating?
- What restrictions apply to traders at Seacrest Markets when it comes to account count, account merging, and lot size limits?
- How does Seacrest Markets handle KYC requirements and verification timing?
- Are there any geographic restrictions at Seacrest Markets?
Guides Where Seacrest Markets Is Featured
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These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs Maven Trading vs FundedFast - Prop Firm Comparison (May 2026)
Side-by-side comparison of Seacrest Markets vs Maven Trading vs FundedFast. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated May 2026.
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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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Maven Trading
Maven Trading (MAVEN LLC) is a UAE-registered simulated proprietary trading platform offering 1-step, 2-step, 3-step evaluations plus Instant and 24-hour Maven Mini accounts, with an 80% profit split, MT5/Match Trader/cTrader access, and withdrawals typically available every 10 business days for...
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FundedFast
FundedFast is the trading name of Memento Enterprises Limited (Malta) and offers simulated prop-trading Challenges on MatchTrader. It provides one-phase and two-phase evaluations (10% then 5% targets on the two-phase), unlimited time limits, weekly payout requests on funded accounts via...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 0 | 0 | 4.3 |
| Trustpilot Reviews | 0 | 0 | 16 |
| Headquarters | South Africa | United Arab Emirates | Malta |
| Age (Years) | N/A | N/A | 2 |
| Max Funding | $400,000 | $1,000,000 | $976,562 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 92.75% | 80% | 90% |
| Platforms | mt5 match-trader | MT5 cTrader Match-Trader | Match-Trader |
| Assets | FX Metals Indices Energy & Commodities Crypto | Commodities Crypto Digital Etfs Forex Indices | Forex Commodities Precious Metals Indices Cryptocurrencies |
| Leverage | |||
| FX Leverage | 30 | 75 | 100 |
| Metals Leverage | 10 | 20 | 100 |
| Crypto Leverage | 2 | 0 | 20 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | Maximum Daily LossMaven’s daily loss limits vary by program and are measured from the higher of balance or equity at 00:00 UTC (daily reset window). One-Step uses 3% daily drawdown, Two-Step uses 4%, and Three-Step uses 2%. Instant and Maven Mini accounts also use a 2% daily loss limit. | 5 |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | Maximum Overall LossMaven’s overall loss rules depend on the account type: One-Step uses a 5% trailing max loss from the highest equity watermark; Two-Step uses an 8% static max loss from the initial balance; Three-Step uses a 3% static max loss from the initial balance. Instant and Maven Mini accounts use a 3% trailing max loss and also enforce a strict 1% maximum floating/open loss rule. | 10 |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Drawdown ModelMaven combines several drawdown models depending on the program: static drawdown (fixed from initial balance) on Two-Step and Three-Step, trailing drawdown (moves with equity highs) on One-Step, Instant and Maven Mini, and daily drawdown calculated from the higher of balance/equity at 00:00 UTC. | Drawdown ModelFundedFast enforces a fixed Max Daily Loss and a fixed Max Drawdown (no trailing drawdown disclosed on its Challenges page). The daily-loss limit is presented as a percentage limit and should be treated as including floating PnL exposure (open trades) for compliance. |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | Payout FrequencyFor One-Step, Two-Step, Three-Step and Instant accounts, Maven states withdrawals can be requested every 10 business days after your first trade. Maven Mini is a 24-hour program with payouts available on-demand within the 24-hour window (single payout; account closes after the first withdrawal). | Payout FrequencyFundedFast states withdrawals can be requested once per week. To have a withdrawal processed on Monday, submit the request by 00:00 (UTC) Thursday of the previous week. |
| Days to First Payout | 14 | 10 | 0 |
| Payout Processing Time | Processing 12–72 hours. | Payout ProcessingMaven Mini payouts are described as being processed the next day after the 24-hour trading period ends (subject to approval). For standard funded/instant accounts, withdrawals are requested on a 10-business-day cycle and are processed after compliance checks and the chosen payout rail (Rise/direct bank transfer) timing. | Payout ProcessingFundedFast indicates weekly processing, with Monday as the processing day when submitted by the stated cutoff. Exact receipt timing depends on the payment provider and is not specified on the FAQ page. |
| Payout Methods | Crypto RiseWorks | Direct Bank Transfer Rise (and other options depending on residence) | N/A |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | Credit/Debit Card (must match trader identity) Bank Transfer Cryptocurrency; additional regional checkout options may be available via payment partners | Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency |
| Trading Permissions | |||
| News Trading | News trading restricted on Live Sim (±3 minutes). | News trading restrictions apply to evaluation and funded accounts: traders cannot open or close trades within 2 minutes before or after red-folder news events (ForexFactory), and profits generated in that window may prevent passing. Maven states the news rule does not apply to Instant and Mini accounts. | Yes. FundedFast states news trading is allowed, but trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Its Terms prohibit “gap trading” during significant news events (example: opening trades within five minutes of a major news announcement). |
| Weekend Trades | Weekend trading allowed. | Weekend holdings are permitted for all account types (positions may be held over the weekend, subject to underlying market hours and instrument availability). | Weekend holding is available via a Weekend Holding add-on at checkout. Overnight holding is allowed (swap applies at market close). |
| Copy Trading | Copy trading allowed for own strategies only. | Copy trading from another individual is prohibited; if detected, both users may be breached/terminated. Maven treats cross-user copying and related ‘gamifying’ patterns (including reversing accounts) as cheating behavior. | No. FundedFast states copy trading is not currently supported. |
| EA Allowed | EAs allowed on MT5 only. | No. Maven states Expert Advisors (EAs) are not permitted across its platforms; automated trading use can prevent challenge passing and may lead to suspension/termination. | No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems. |
| KYC & Restrictions | |||
| KYC Required | Yes | Yes | No |
| KYC Stage | KYC required at Live Sim stage. | KYC is required when requesting a payout and may include identity, address and source-of-funds verification. Maven’s FAQ states checkout/KYC details must match government ID, only one email per person is allowed, and the payment card used must be in the trader’s name; Maven references Veriff for supported-country document coverage. | KYC is required after passing and before the funded phase: ID (passport/driving license/national ID) and proof of residence (utility bill or bank statement dated within the last six months). Upload is done via the Trading Platform profile area; verification is typically within an hour, up to one business day in rare cases. |
| Restricted Countries | 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 | Afghanistan Belarus Burkina Faso Burundi Central African Republic Congo (Republic of the Congo) Cuba Eritrea Guinea Guinea-Bissau Guyana Haiti Iran Mali North Korea Russia Saint Lucia Sierra Leone Somalia South Sudan Sudan Ukraine Vanuatu Venezuela Yemen | Afghanistan Albania Baker Island Bajo Nuevo Bank Barbados Belarus Burkina Faso Cabo Verde China Congo (Democratic Republic) Congo (Republic) Côte d’Ivoire Eritrea Ethiopia Guam Haiti Hong Kong Howland Island Iran Iraq Jamaica Jarvis Island Johnston Atoll Jordan Kingman Reef Kyrgyzstan Lebanon Liberia Libya Malta Midway Islands Minor Outlying Islands Mongolia Mozambique Myanmar (Burma) Nicaragua North Korea Northern Mariana Islands Pakistan Palestine Palmyra Atoll Panama Puerto Rico Russia Senegal Seychelles Sierra Leone Somalia South Sudan Sudan Syria Tajikistan Turkmenistan United States United States Virgin Islands Vietnam Yemen |
Seacrest Markets
Maven Trading
FundedFast