How does Seacrest Markets regulate trading behavior, including restricted strategies, martingale rules, and lot size limits?
💡 Answer
Martingale Allowed?No
Prohibited Strategies
Latency arbitrage, HFT, signal services prohibited.
Lot Size Limits:
No fixed lot size limits.
The complete list of allowed and prohibited trading strategies is available on 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?
- 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?
- How do the program types at Seacrest Markets break down?
- 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
- Prop Firms Offering Commodities Trading
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 3.3 or higher
- Top Prop Firms That Accept Clients From Artsakh
These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs SabioTrade vs FunderPro - Prop Firm Comparison (August 2026)
Side-by-side comparison of Seacrest Markets vs SabioTrade vs FunderPro. 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 August 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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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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FunderPro
FunderPro is a Malta-registered simulated proprietary trading program that offers Pro, Classic, and One-Phase challenges on MT5, cTrader, and TradeLocker. Traders can manage up to $200,000 total funded allocation, earn performance rewards with profit splits up to 90%, and access...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 3.3 | 0 | 0 |
| Trustpilot Reviews | 1 | 0 | 0 |
| Headquarters | South Africa | Ireland | Malta |
| Age (Years) | N/A | 3 | 3 |
| Max Funding | $400,000 | $650,000 | $200,000 |
| Profit Split Start | 80% | 80% | 60% |
| Profit Split Max | 92.75% | 90% | 90% |
| Platforms | mt5 match-trader | MT4 MT5 Quadcode | MT5 cTrader TradeLocker |
| Assets | FX Metals Indices Energy & Commodities Crypto | Forex stocks indices commodities ETFs cryptocurrencies | Forex Metals Energies US Indices EU Indices Shares Cryptos |
| Leverage | |||
| FX Leverage | 30 | 30 | 100 |
| Metals Leverage | 10 | 25 | 30 |
| Crypto Leverage | 2 | 3 | 2 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | 5 | 5 |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | 6 | 10 |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Trailing (dynamic drawdown calculated from the highest equity reached) | Drawdown ModelFunderPro uses a balance-based daily drawdown reset and a fixed maximum drawdown measured from the initial balance (no trailing drawdown). Daily drawdown is calculated from a daily snapshot (5:00 p.m. EST / day start 00:00 GMT+3 server time depending on page context). |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | Weekly | Payout FrequencyOne-Phase & Classic: bi-weekly payouts (every 14 days). Optional “First Reward in 7 Days” add-on allows first payout after 7 days instead of 14.Pro: selectable payout cadence at checkout: Daily payouts (60% split) or Weekly payouts (90% split), eligible once the account is at least 1% in profit vs initial balance. |
| Days to First Payout | 14 | 7 | 14 |
| Payout Processing Time | Processing 12–72 hours. | 1 | Payout ProcessingFunderPro states rewards are typically processed within 1 working day after approval (average issuing time ~8 hours). |
| Payout Methods | Crypto RiseWorks | Bank transfer | USDC (direct transfer to wallet) Rise (reward paid to Rise wallet in USD; user can withdraw in preferred fiat/crypto via Rise) |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | Credit/debit card Bank transfer | Credit/Debit Card Crypto and other available payment options offe |
| Trading Permissions | |||
| News Trading | News trading restricted on Live Sim (±3 minutes). | News trading is allowed as long as traders comply with risk and drawdown limits. High-frequency activity around news events is prohibited. | 14 |
| Weekend Trades | Weekend trading allowed. | Overnight positions are allowed. Weekend holding depends on the selected plan, with some requiring positions to be closed before market close on Friday. | Payout ProcessingFunderPro advertises an average reward issuing time of 8 hours (after approval). For challenge-fee credits (where applicable), fee credits are processed within 7 days of the first reward withdrawal. |
| Copy Trading | Copy trading allowed for own strategies only. | There is no formal copy-trading program. Traders are expected to trade their own strategies, and coordinated or mirrored trading is discouraged. | FunderPro allows copy trading under strict conditions designed to ensure that all trading activity originates from the trader’s own strategies. Copy trading is permitted only between accounts owned by the same individual (including the trader’s own accounts at other prop firms or retail brokers), while copying from third-party accounts is strictly prohibited and results in a hard breach. Coordinated trading between different traders, the use of rented or mass-distributed EAs, public signal mirroring, or any form of collusion is forbidden,... |
| EA Allowed | EAs allowed on MT5 only. | Expert Advisors and automated strategies are permitted if they comply with the rules. High-frequency trading, scalping, and hedging strategies are not allowed. | FunderPro allows the use of Expert Advisors (EAs) and automated trading systems across supported platforms such as MT5, cTrader, and TradeLocker. However, traders are strictly required to own the strategy or source code behind any automation used. The use of third-party rented bots, closed “black box” systems, mass-distributed EAs, or automation sourced from public signal groups is prohibited, as FunderPro evaluates individual trading skill and decision-making rather than replicated strategies. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | No |
| KYC Stage | KYC required at Live Sim 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. | FunderPro requires traders to complete the Know Your Customer (KYC) verification process after passing the Challenge and before signing the funded trader agreement or receiving any payouts. Traders may participate in the Challenge phase without completing KYC; however, verification is mandatory to transition into a funded account. FunderPro advises traders to ensure they can successfully pass the KYC process before purchasing a Challenge to avoid future issues. Once documents are submitted, the verification process typically takes 24–48 hours to complete. |
| 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 | OFAC-sanctioned countries including Iran North Korea Syria Cuba and other restricted jurisdictions | Afghanistan Belarus Central African Republic Congo (Democratic Republic of) Cuba Haiti Iran Iraq Libya Mali Myanmar (Burma) North Korea Somalia Sudan South Sudan Syria The Russian Federation Venezuela Yemen Regions of Ukraine: Crimea Donetsk Kherson Luhansk and Zaporizhzhia |
Seacrest Markets
SabioTrade
FunderPro