Is identity verification mandatory at Seacrest Markets, and at which stage does KYC occur?

💡 Answer

Is KYC Required at Seacrest Markets?

Yes

At what stage traders must go through identity verification at Seacrest Markets?

KYC required at Live Sim stage.

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Seacrest Markets vs Alpha Capital vs RebelsFunding - Prop Firm Comparison (March 2026)

Side-by-side comparison of Seacrest Markets vs Alpha Capital vs RebelsFunding. 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 vs Alpha Capital vs RebelsFunding - Prop Firm Comparison (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...
Alpha Capital
Alpha Capital Group (Alpha Capital) is a UK-based CFD prop firm (founded 2021) that provides simulated-funded "Qualified Analyst" accounts via ACG Markets and lets traders choose between a 1-step (Alpha One), multiple 2-step options (Alpha Pro 6% / 8% /...
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...
Overview
Trustpilot Rating 3.3 4.7 4.4
Trustpilot Reviews 1 17,698 2,269
Headquarters South Africa United Kingdom Slovakia
Age (Years) N/A N/A N/A
Max Funding $400,000 $400,000 $640,000
Profit Split Start 80% 80% 75%
Profit Split Max 92.75% 80% 90%
Platforms mt5 match-trader MT5 cTrader DXtrade TradeLocker Rf-Trader
Assets FX Metals Indices Energy & Commodities Crypto FX Metals Indices Oil (Energy) FX Metals Indices Commodities Stocks Crypto
Leverage
FX Leverage 30 100 200
Metals Leverage 10 30 25
Crypto Leverage 2 0 2.5
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 LossAlpha Capital Group enforces a plan-specific daily drawdown limit that is measured from defined daily reference points (based on balance or equity, depending on the plan). The daily loss limit is evaluated against the current equity value, and breaches are treated as a hard breach (trades are closed automatically).Alpha Pro 10%: 5% balance-based daily drawdown.Alpha Pro 8%: 4% balance-based daily drawdown.Alpha Pro 6%: 3% daily drawdown calculated over the higher of end-of-day balance or equity.Alpha Swing: 5% balance-based... 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.
Max Total Loss Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). Maximum Overall LossMaximum total loss is defined by the plan’s maximum drawdown model and is set as a percentage of the initial starting balance. If balance or equity drops below the maximum drawdown threshold, the account is breached and trades are closed automatically.Alpha Pro: static max drawdown of 10% (Pro10) / 8% (Pro8) / 6% (Pro6).Alpha Swing: 10% static max drawdown.Alpha Three: 6% static max drawdown.Alpha One: 6% trailing max drawdown based on the high-water mark (maximum balance achieved). 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.
Drawdown Type Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) Drawdown ModelAlpha Capital Group uses both static and trailing drawdown models depending on the plan:Static max drawdown: Used on Alpha Pro (6% / 8% / 10%), Alpha Swing (10%) and Alpha Three (6%). The maximum-loss line is fixed from the initial starting balance and does not move up as the account grows.Trailing max drawdown (high-water mark): Used on Alpha One (6%). As new balance highs are made, the trailing drawdown line moves up; once the account reaches a high-water mark... 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.
Payouts
Payout Frequency Payouts every 14 days (VIP tiers faster). Payout FrequencyAlpha Capital offers two payout schedules for qualified accounts, depending on the payout type selected at checkout:Bi-Weekly: performance-fee requests are available every 14 days (starting 14 days after the initial trade on the qualified account). The first request requires a minimum of 5 trading days using the same trading strategy, and the minimum withdrawal is $100 gross profits.On-Demand: traders can request a payout at any time once they have at least 2% gross profit in the account and meet... 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).
Days to First Payout 14 14 14
Payout Processing Time Processing 12–72 hours. Payout ProcessingPerformance-fee requests are submitted via the Alpha Capital dashboard and are processed and paid within about 2 business days once approved. Traders must close all trades before requesting, and the account remains locked while the balance is reset.Scaling requests (where applicable) are handled separately and are typically completed within 24–48 business 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 Methods Crypto RiseWorks Bank Transfer (WIRE/ACH/SWIFT) Wise Rise (Riseworks) Riseworks (USDT BTC Wise Bank Transfer) Other (case-by-case)
Payments
Payment Methods Credit/Debit Card Crypto Apple Pay Credit/Debit Card Crypto PayPal Credit Card Bank Transfer Wise PayPal Crypto (MetaMask/Coinbase/Rainbow/WalletConnect/Trust Wallet & more) Other (as offered at checkout)
Trading Permissions
News Trading News trading restricted on Live Sim (±3 minutes). News trading is permitted, but Alpha Capital applies plan-specific rules around certain high-impact announcements on Qualified Analyst accounts.Alpha Pro 8%/10% Qualified: no executing trades (opening or closing, including pending orders, stop-loss or take-profit fills) on targeted instruments within 2 minutes before and 2 minutes after the specified news releases.Alpha Pro 6% / Alpha One / Alpha Three Qualified: the same restriction applies within 5 minutes before and 5 minutes after the specified releases.Alpha Swing: trading during major news is allowed;... 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.
Weekend Trades Weekend trading allowed. Weekend holding rules depend on the plan and stage.Alpha Pro: holding trades over the weekend is allowed during the Evaluation phase, but is not allowed on the Qualified Analyst account stage (treated as a soft breach with profits removed).Alpha Swing / Alpha One / Alpha Three: weekend holding is allowed during both the Evaluation phase and on the Qualified Analyst account stage.Swap/rollover charges still apply when positions are held over weekends. 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).
Copy Trading Copy trading allowed for own strategies only. Copy trading is allowed but tightly controlled. Alpha Capital permits copy trading only where the trader can provide proof of ownership of the master account (e.g., account number/investor password/server) when requested. Copy trading between two Alpha Capital accounts can also be permitted with both account numbers disclosed.Copy trading is currently supported on MT5 only; copying trades on or from cTrader, DXTrade or TradeLocker is not possible. Only one master account can be connected at a time, and copying other traders or group trading arrangements is prohibited. 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.
EA Allowed EAs allowed on MT5 only. Expert Advisors (EAs) are permitted on MT5 accounts, provided they comply with Alpha Capital’s rules. Traders must enable the EA feature at checkout and contact support for approval; Alpha Capital may request the EA's EX5 file and MQ5 market link for review.EAs are not supported on TradeLocker, DXTrade or cTrader accounts. Automated strategies that attempt to exploit unrealistic fills or use high-frequency/latency-style execution are prohibited. 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).
KYC & Restrictions
KYC Required Yes Yes Yes
KYC Stage KYC required at Live Sim stage. Alpha Capital requires identity verification (KYC) after passing an assessment and before issuing Qualified Analyst account credentials. Traders complete KYC via a third-party provider (Veriff) and must also provide the necessary withdrawal/payment details; qualified credentials are typically issued within a maximum of 2 working days after completing KYC.Payment details may be cross-checked against the verified identity, and third-party payments are not accepted. 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.
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 Burundi Central African Republic Chad Cuba Democratic Republic of the Congo Eritrea Iran Iraq Libya Myanmar (Burma) North Korea Regions of Ukraine: Crimea Donetsk and Luhansk Republic of the Congo (Congo Brazzaville) Russia Somalia South Sudan Sudan Syria Venezuela Vietnam Yemen Pakistan Syria North Korea (Democratic People's Republic of Korea) Democratic Republic of the Congo Iran Iraq South Sudan Sudan Yemen

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