How does the drawdown system work at Seacrest Markets?
💡 Answer
Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step)
More FAQs about Seacrest Markets
- What are the trading style rules at Seacrest Markets regarding EAs, news trading, weekend trades, and copy trading?
- What payment methods can be used at Seacrest Markets, and are purchases refundable?
- What are the withdrawal conditions at Seacrest Markets, including minimum payout and processing time?
- How is profit shared between the trader and Seacrest Markets at the maximum level?
- What instruments and markets can traders access at Seacrest Markets?
- What leverage levels apply at Seacrest Markets for different asset classes like forex, indices, metals, and crypto?
- Does Seacrest Markets offer multiple trading platforms, and which broker are they connected to?
- How does the trading environment at Seacrest Markets compare in terms of spreads, commissions, and slippage policy?
- What are the trading restrictions at Seacrest Markets, such as prohibited strategies, martingale usage, and lot size limits?
- What are the main risk control rules enforced by Seacrest Markets during evaluations?
- What types of trading programs can traders choose from at Seacrest Markets?
- What type of trading challenges does Seacrest Markets require before funding?
- How large can a funded account be at Seacrest Markets, and is there a scaling plan in place?
- What is Seacrest Markets's Trustpilot rating and total review count right now?
- What are Seacrest Markets's available program types?
- Does Seacrest Markets allow multiple accounts, account merging, and are there any lot size restrictions?
- Is identity verification mandatory at Seacrest Markets, and at which stage does KYC occur?
- Which regions or countries are restricted by Seacrest Markets?
Guides Where Seacrest Markets Is Featured
- Prop Firms Offering Commodities Trading
- Prop Firms With Match-Trader Platform
- Prop Firms With Trustpilot rating of 3.3 or higher
- Top Prop Firms That Accept Clients From Burundi
These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs RebelsFunding vs The 5%ers - Prop Firm Comparison (March 2026)
Side-by-side comparison of Seacrest Markets vs RebelsFunding vs The 5%ers. 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 March 2026.
|
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...
|
RebelsFunding
RebelsFunding is a Slovakia-based no-time-limit prop firm (RIFM, s.r.o.) that offers five RF training programs (Copper, Bronze, Silver, Gold and Diamond Instant) on its proprietary RF-Trader platform (TradingView charts + liquidity-provider pricing), with swap-free CFD markets, fee-refund bonuses up to...
|
The 5%ers
The 5%ers is an established prop firm offering Bootcamp, High Stakes, and Hyper Growth programs, combining structured evaluations, strong education and community, scaling up to $4M, and profit splits that can reach 100%, with varied rule sets and limited spread...
|
|
|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 3.3 | 4.4 | 4.8 |
| Trustpilot Reviews | 1 | 2,269 | 21,364 |
| Headquarters | South Africa | Slovakia | ISRAEL |
| Age (Years) | N/A | N/A | N/A |
| Max Funding | $400,000 | $640,000 | $4,000,000 |
| Profit Split Start | 80% | 75% | 50% |
| Profit Split Max | 92.75% | 90% | 100% |
| Platforms | mt5 match-trader | Rf-Trader | MT5 cTrader Match-Trader |
| Assets | FX Metals Indices Energy & Commodities Crypto | FX Metals Indices Commodities Stocks Crypto | FX Metals Indices Energy Crypto |
| Leverage | |||
| FX Leverage | 30 | 200 | 100 |
| Metals Leverage | 10 | 25 | 25 |
| Crypto Leverage | 2 | 2.5 | 2 |
| 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 LossDaily drawdown is program-based and calculated from the daily starting equity (platform server time, UTC+2). Gold uses a 4% daily drawdown. Silver, Bronze and Copper use a 5% daily drawdown. Diamond Instant has no daily drawdown (only a total drawdown limit).Daily drawdown includes both open and closed PnL; breaching it can switch the account into read-only mode and close trades. | Maximum Daily LossDaily loss limits at The 5%ers focus on controlling intraday risk, especially within the High Stakes and Bootcamp structures.High Stakes: Daily drawdown limit of 5%, typically calculated from the previous day's closing balance, including both closed and floating PnL.Bootcamp: While the program emphasises a 5% max loss per stage rather than a separate daily cap, traders must still stay comfortably within this limit to avoid breaching.Hyper Growth: Uses a 6% overall loss cap with no separate published daily... |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | Maximum Overall LossOverall drawdown is static (relative to the initial account value) and includes both open and closed PnL. Gold and Diamond Instant use a 6% max overall drawdown. Silver, Bronze and Copper use a 10% max overall drawdown. | Maximum Overall LossThe 5%ers defines maximum overall loss per program to cap total drawdown across each phase or funded account.Bootcamp: 5% max loss at each evaluation step and 4% max loss once funded, measured from the starting balance of the stage.High Stakes: 10% maximum overall loss for each evaluation phase and funded account, with 5% daily drawdown included.Hyper Growth: 6% maximum overall loss throughout the evaluation and funded stages, with positions allowed to be held overnight and over weekends.Breaching the... |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Drawdown ModelRebelsFunding uses static drawdown limits: (1) a daily drawdown that resets from a daily starting-equity snapshot (where applicable), and (2) an overall drawdown measured from the initial account equity (not a trailing high-watermark model). Diamond Instant removes the daily limit and enforces only the static overall cap. | Drawdown ModelThe 5%ers uses fixed percentage loss limits rather than trailing equity models. Each program specifies a static maximum loss relative to the starting balance of the phase or funded stage (e.g., 5% or 10% for Bootcamp and High Stakes, 6% for Hyper Growth).Static Limits: Maximum loss is typically defined as a fixed percentage of the starting balance, and includes both closed and floating losses.Program-Specific Caps: Bootcamp and Hyper Growth are structured around relatively conservative overall loss thresholds (4–6%), while... |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | Payout FrequencyRewards are requested via the client zone. For standard RCF accounts, the first reward can be requested no earlier than 14 days after opening the first trade on the RCF account (and after closing trades and meeting the minimum-profit rule). For Diamond Instant, the RCF reward structure is tied to 10% minimum profit milestones (the account levels up after each 10% target). | Payout FrequencyThe 5%ers provides regular and scalable payout options across its programs.Payouts are generally available on a bi-weekly basis once funded.The minimum withdrawal amount is $150 after the profit split has been applied.Profit splits start around 50% on Bootcamp and 80% on High Stakes and can scale up to 100% as traders progress through the scaling plan.Profits can be left in the account to increase the effective drawdown buffer and support larger position sizes.At higher High Stakes and Bootcamp tiers,... |
| Days to First Payout | 14 | 14 | 14 |
| Payout Processing Time | Processing 12–72 hours. | Payout ProcessingRebelsFunding does not publish a single guaranteed processing window on its public rules pages. Rewards are requested via the client zone after meeting eligibility requirements and are then paid through the chosen payout rail (primarily Riseworks). | Payout ProcessingThe 5%ers typically processes profit withdrawals on a bi-weekly cycle, with payments sent after approval via Rise, The5ers Visa Card, bank transfer, or cryptocurrencies. Processing times are designed to be prompt, with most payouts completed within a few business days depending on the chosen method and any required compliance checks. |
| Payout Methods | Crypto RiseWorks | Riseworks (USDT BTC Wise Bank Transfer) Other (case-by-case) | Bank Transfer Crypto Rise Platform The5ers Visa Card |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | Credit Card Bank Transfer Wise PayPal Crypto (MetaMask/Coinbase/Rainbow/WalletConnect/Trust Wallet & more) Other (as offered at checkout) | Apple Pay Bank Transfer Credit/Debit Card Crypto Google Pay PayPal |
| Trading Permissions | |||
| News Trading | News trading restricted on Live Sim (±3 minutes). | News trading is not stated as fully banned, but RebelsFunding recommends avoiding major releases (NFP, GDP, FOMC) and its terms prohibit opening excessive trades when significant news/macro events are planned. | News trading is allowed on most The 5%ers programs with important restrictions.Bootcamp and Hyper Growth: News trading is permitted, but placing bracket orders (pending orders around major news purely to capture spikes) is prohibited.High Stakes: Executing orders from 2 minutes before until 2 minutes after high-impact news is not allowed.These rules are intended to prevent abusive event-driven strategies while still allowing normal trading around news where permitted. |
| Weekend Trades | Weekend trading allowed. | RebelsFunding states that cryptocurrency trading is closed during weekends on RF-Trader for maintenance and platform stability reasons. Other markets follow their normal market hours (typically weekday sessions). | The 5%ers allows overnight and weekend holding on most instruments across Bootcamp, High Stakes, and Hyper Growth programs, subject to normal market hours and swap rates. Indices may carry higher swaps when held over weekends, and traders should monitor rollover costs carefully. |
| Copy Trading | Copy trading allowed for own strategies only. | Copy trading is not presented as a supported feature. Strategies that hedge across linked accounts or other companies are prohibited, and trade splitting across correlated markets is treated as one “real trade” and may be flagged as suspicious behavior. | The 5%ers permits copy trading with clear limitations.Copy trading is allowed for High Stakes and Hyper Growth accounts under defined conditions.Once total managed capital exceeds about $500K, taking identical trades across multiple accounts is no longer allowed.Copying from an external account is only allowed if that account belongs to the same trader; third-party copy trading is not permitted.Copy trading is not allowed between two Bootcamp accounts.The firm also integrates with Prop Firm One, enabling traders to mirror their own strategies... |
| EA Allowed | EAs allowed on MT5 only. | Expert Advisors/robots are not allowed on the RF-Trader training platform; RebelsFunding states it is not possible to run any EA on its training trading platform (manual trading is preferred). | Expert Advisors (EAs) are allowed at The 5%ers as long as they comply with the firm’s terms.EAs must place a stop-loss on every position.EAs must not copy trades from other people’s signals or third-party systems.Tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage, and emulator-based trading are not allowed.Any account found using EAs that violate these rules can be cancelled, banned, and not refunded across all programs, including Bootcamp and Hyper Growth. |
| KYC & Restrictions | |||
| KYC Required | Yes | Yes | No |
| KYC Stage | KYC required at Live Sim stage. | KYC is mandatory before an RCF account is launched and rewards are paid. RebelsFunding uses electronic onboarding and verification (e.g., document upload/signing via Docusign/Eversign and identity verification via Veriff) and requires valid, non-expired government ID. | The 5%ers requires standard KYC verification and account checks, particularly before funding accounts and processing withdrawals. Traders should expect to provide identification and relevant documentation in line with regulatory and payment-provider requirements. |
| 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 | Pakistan Syria North Korea (Democratic People's Republic of Korea) Democratic Republic of the Congo Iran Iraq South Sudan Sudan Yemen | Afghanistan Belarus Burundi Central African Republic Crimea Cuba Democratic Republic of the Congo Eritrea Guinea Guinea-Bissau Iran Iraq Israel Laos Lebanon Liberia Libya Myanmar North Korea Palestinian Territory Papua New Guinea Republic of the Congo Russia Somalia South Sudan Sudan Syria Vanuatu Venezuela Yemen |