Does Seacrest Markets offer different program or evaluation models?
💡 Answer
Seacrest Markets offers the following program types to traders:• 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)
Compare program structures and find the right fit for your strategy at Seacrest Markets official website.
More FAQs about Seacrest Markets
- How does Seacrest Markets handle different trading styles such as automated trading, news trading, and copy trading?
- What are the payment and refund rules at Seacrest Markets?
- What are the key payout details at Seacrest Markets, such as minimum withdrawal amount, payout timing, and 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?
- Who is the broker used by Seacrest Markets, and which trading platforms are supported for trading?
- How does Seacrest Markets define its spread quality, commission charges, and slippage handling for traders?
- What trading strategy restrictions should traders be aware of at Seacrest Markets?
- How does Seacrest Markets define its drawdown type for traders?
- Are there specific consistency or percentage-based rules at Seacrest Markets?
- 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 are the key account-related rules at Seacrest Markets for advanced traders managing multiple accounts?
- When and why is KYC required at Seacrest Markets?
- Which countries are not eligible to trade with Seacrest Markets?
Guides Where Seacrest Markets Is Featured
- Prop Firms Offering Indices Trading
- Prop Firms With Match-Trader Platform
- Prop Firms With Trustpilot rating of 3.1 or higher
- Top Prop Firms That Accept Clients From Haiti
These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs Mubite vs PipFarm - Prop Firm Comparison (November 2026)
Side-by-side comparison of Seacrest Markets vs Mubite vs PipFarm. 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 November 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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Mubite
Mubite (Mubite s.r.o., Prague, Czech Republic) is a crypto-native prop firm that funds traders exclusively on cryptocurrency futures — 700+ USDT perpetual markets via Bybit and Cleo, leverage up to 1:100. It offers Two-Step, One-Step and Instant Funding routes across...
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PipFarm
PipFarm is operated by ECI Ventures Pte. Ltd. (Singapore) and provides simulated trading challenges on the cTrader platform. Traders who pass a Trading Challenge may be enrolled in PipFarm’s Remote Trader Program and earn a reward (profit share) based on...
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| Overview | |||
| Trustpilot Rating | 3.3 | 0 | 0 |
| Trustpilot Reviews | 1 | 0 | 0 |
| Headquarters | South Africa | Czech Republic | Singapore |
| Age (Years) | N/A | 1 | 3 |
| Max Funding | $400,000 | $200,000 | $300,000 |
| Profit Split Start | 80% | 70% | 70% |
| Profit Split Max | 92.75% | 90% | 99% |
| Platforms | mt5 match-trader | Bybit Cleo | cTrader |
| Assets | FX Metals Indices Energy & Commodities Crypto | Crypto futures only — BTC ETH & altcoin USDT perpetuals (700+ markets) | Forex Metals Energy Indices Crypto |
| Leverage | |||
| FX Leverage | 30 | 0 | 30 |
| Metals Leverage | 10 | 0 | 20 |
| Crypto Leverage | 2 | 100 | 10 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | Daily Loss LimitMubite applies a daily loss limit on its evaluation programs:One-Step: ~4% of account size.Two-Step: ~5% of account size.Per-dollar amounts are not published per account size. Mubite’s Terms also reference a maximum 5% daily stop-loss on the initial balance and a maximum 3% risk per trade. Confirm the exact daily limit for your chosen account in writing. | Maximum Daily LossPipFarm’s Max Daily Loss rule is calculated as a percentage of the previous end-of-day (EOD) balance. By default, the daily loss limit is 3% of the previous EOD balance and is recalculated when the previous EOD balance changes. PipFarm states the EOD is calculated in the dashboard around 22:05 GMT (winter) or 21:05 GMT (US daylight savings). PipFarm also states traders may increase the daily loss limit to 4% after achieving Rank 4 in its Experience Programs. |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | Maximum / Overall DrawdownOne-Step: ~6% of account size.Two-Step: ~8% of account size.Instant Funding: ~10%, tightening to ~5% once the account reaches +5% profit.Drawdown is described as measured from the starting balance. The exact basis (balance vs equity, intraday vs end-of-day) is not clearly documented on Mubite’s site — verify before trading. | Maximum Overall LossPipFarm offers different maximum-loss models depending on program selection. For Static Max Loss, PipFarm states the one-stage program uses a 6% Static Max Loss of starting balance, while the two-stage program uses a 9% Static Max Loss of starting balance. For the one-stage program, PipFarm also offers a Trailing Maximum Loss option which tracks a high watermark (balance-based) and is 9% of the high watermark balance (10% if Rank 2 or higher). |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Drawdown ModelMubite describes its drawdown as calculated from the starting account balance (static-style) rather than a trailing model. However, the firm does not clearly state whether the limit is evaluated intraday or end-of-day, or against balance vs equity. Because some reviewers report rules being enforced at the withdrawal stage, get the exact drawdown calculation confirmed in writing. | Drawdown ModelPipFarm’s public rules describe multiple drawdown frameworks, including: (1) a Static Max Loss (fixed percentage of starting balance), (2) a balance-based Trailing Max Loss (tracks the high watermark of account balance), and (3) an equity-based trailing max drawdown rule (high-watermark equity-based), as described in PipFarm’s Terms. |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | Payout FrequencyOne-Step / Two-Step (funded): on-demand payouts once your account is approved.Instant Funding: first payout 14 days after your first trade, then bi-weekly.Reviewers note a per-request payout cap of around 5% of account size. KYC must be completed before any withdrawal. | Payout FrequencyBy default, PipFarm schedules and processes payouts automatically on the first Friday of each month. Optional payout-frequency add-ons are available: Bi-weekly (1st and 3rd Friday of each month, +10%) and Weekly (every Friday, +25%). |
| Days to First Payout | 14 | 14 | 0 |
| Payout Processing Time | Processing 12–72 hours. | Payout ProcessingMubite advertises fast crypto payouts, typically processed within 24 hours (some funded traders report minutes to a few hours). Payouts are sent in cryptocurrency (USDT). Note: independent reviewers have flagged isolated reports of payout denials tied to after-the-fact rule reviews — keep clean records of your trades. | Payout ProcessingPipFarm states payouts are processed automatically at 06:00 GMT on the eligible Friday and completed by 23:59 GMT the same day, provided requirements are met and there are no open positions. PipFarm’s Terms also describe a $1,000 compensation policy if a scheduled payout is missed due to internal company error (subject to conditions), and note payouts may be suspended or delayed for investigation or verification requirements. |
| Payout Methods | Crypto RiseWorks | Cryptocurrency (USDT) | Rise Skrill USDT USDC |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | Credit/Debit Card Cryptocurrency | PipFarm’s Terms state it accepts payment through various methods (including credit cards e-wallets and cryptocurrencies) though availability may vary by user and time. |
| Trading Permissions | |||
| News Trading | News trading restricted on Live Sim (±3 minutes). | Restricted. Mubite’s FAQ lists news trading among prohibited activities, although its marketing pages imply flexible API trading. Because this is stated inconsistently across Mubite’s own pages — and rules are reportedly checked at withdrawal — treat news trading as not permitted unless support confirms otherwise in writing for your account. | PipFarm’s marketing materials state it allows news trading and that it does not dictate how users should trade. PipFarm’s Terms also prohibit exploitative trading strategies (including “news straddling”). |
| Weekend Trades | Weekend trading allowed. | Allowed. Crypto markets trade 24/7, so Mubite permits holding positions overnight and through weekends. Be mindful of perpetual funding costs on held positions. | N/A |
| Copy Trading | Copy trading allowed for own strategies only. | Not allowed. Mubite’s FAQ and Terms prohibit copy trading, mirroring, account rolling, group/coordinated trading, and third-party account management unless explicitly approved by the firm. | PipFarm’s Terms list copy-trading/managed-account services (e.g., MQL5 or ZuluTrade) as prohibited trading practices, and also prohibit trading on behalf of others or having others trade on your behalf. |
| EA Allowed | EAs allowed on MT5 only. | Restricted. Mubite’s marketing highlights Bybit API access, but its FAQ and Terms prohibit trading bots, high-frequency/latency strategies, and AI/algorithmic systems that create an “unfair advantage.” Manual API order entry is fine; automated bots are not permitted without approval. Confirm your setup with support first. | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | No |
| KYC Stage | KYC required at Live Sim stage. | KYC is required before your first withdrawal. You can start trading on the connected Bybit/Cleo account without completing KYC, but identity verification (valid photo ID) must be passed before any payout is released. Verification typically takes ~48–72 hours. | PipFarm’s Terms state that to participate in the Remote Trader Program, the user must pass an ID verification process after passing a Trading Challenge for the first time. PipFarm states verification is completed via ComplyCube or Veriff and may require an identity document, a selfie, and (in some cases) proof of address, questionnaires, or a video call. |
| 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 | Iran North Korea Myanmar Russia Belarus plus any jurisdiction under applicable international sanctions | Afghanistan Central African Republic Congo (Republic of the Congo) Crimea Democratic Republic of Congo Iran Libya North Korea Somalia South Sudan Sudan Syria Yemen |
Seacrest Markets
Mubite
PipFarm