What are the trading style rules at Seacrest Markets regarding EAs, news trading, weekend trades, and copy trading?
💡 Answer
Is the use of EA Allowed at Seacrest Markets?EAs allowed on MT5 only.
Is News Trading allowed at Seacrest Markets?
News trading restricted on Live Sim (±3 minutes).
Can Seacrest Markets traders hold Weekend Trades?
Weekend trading allowed.
Is Copy Trading allowed at Seacrest Markets?
Copy trading allowed for own strategies only.
What are some main Prohibited Strategies at Seacrest Markets?
Latency arbitrage, HFT, signal services prohibited.
More FAQs about Seacrest Markets
- 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?
- How does the drawdown system work at Seacrest Markets?
- 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 Metals Trading
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 3.1 or higher
- Top Prop Firms That Accept Clients From France
These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs PipFarm vs FTUK - Prop Firm Comparison (March 2026)
Side-by-side comparison of Seacrest Markets vs PipFarm vs FTUK. 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.
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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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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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FTUK
FTUK (FTUK Inc.) is a US-based prop firm offering simulated Forex and Futures funding via Instant Funding and 1-step/2-step evaluation programs, with trading on DXtrade, MatchTrader and TradeLocker, profit shares that scale up to 80%, and a published maximum scaling...
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| Overview | |||
| Trustpilot Rating | 3.3 | 4 | 3.8 |
| Trustpilot Reviews | 1 | 351 | 602 |
| Headquarters | South Africa | Singapore | United States |
| Age (Years) | N/A | 3 | N/A |
| Max Funding | $400,000 | $300,000 | $6,400,000 |
| Profit Split Start | 80% | 70% | 50% |
| Profit Split Max | 92.75% | 99% | 80% |
| Platforms | mt5 match-trader | cTrader | Match-Trader DXtrade TradeLocker |
| Assets | FX Metals Indices Energy & Commodities Crypto | Forex Metals Energy Indices Crypto | FX Metals Indices Commodities Crypto Futures |
| Leverage | |||
| FX Leverage | 30 | 30 | 100 |
| Metals Leverage | 10 | 20 | 10 |
| Crypto Leverage | 2 | 10 | 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 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. | Maximum Daily LossDaily drawdown limits depend on the program: Instant Funding uses a 5% daily drawdown, One Step uses a 4% daily drawdown, and Two Step uses a 5% daily drawdown in both evaluation phases and funded levels.FTUK states daily drawdown is calculated using the higher value of balance or equity at the end-of-day snapshot (22:00 UTC), which means open profit can increase the daily-loss threshold but open losses still count toward it. |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | 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). | Maximum Overall LossFTUK applies different overall drawdown models across programs: Instant Funding uses a 6% relative max drawdown, One Step uses an 8% relative max drawdown, and the Two Step program uses static maximum drawdown limits of 10% (Phase 1) and 5% (Phase 2) calculated on equity. |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | 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. | Drawdown ModelFTUK distinguishes between relative (trailing) drawdown and static drawdown. On One Step and Instant Funding, the trailing max drawdown is based on balance (not equity) and only moves upward as profits accumulate. On the Two Step program, drawdown is static and calculated on equity, meaning floating profit/loss is included in the drawdown check. |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | 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%). | Payout FrequencyInstant Funding: Payouts are available on demand, subject to meeting the Consistency Score requirement.One Step & Two Step: Payouts are typically available every 14 days (bi-weekly) once the trader meets minimum trading-day requirements and other eligibility checks (including the challenge-program Payout Locker terms where applicable). |
| Days to First Payout | 14 | 0 | 14 |
| Payout Processing Time | Processing 12–72 hours. | 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 ProcessingFTUK states payout requests are usually approved within 1–2 working days after account review. After approval, funds are typically reflected in the trader’s wallet within 1–3 working days depending on the payout method. |
| Payout Methods | Crypto RiseWorks | Rise Skrill USDT USDC | RiseWorks USDT (TRC20) |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | 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. | Credit/Debit Card Crypto |
| Trading Permissions | |||
| News Trading | News trading restricted on Live Sim (±3 minutes). | 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”). | Instant Funding: News trading is permitted at all stages with no restrictions.One Step & Two Step: FTUK applies a 10-minute no-trade window around major economic releases (from 5 minutes before to 5 minutes after). Trades opened or closed inside this window are treated as a soft breach where profits are erased and losses are not compensated. |
| Weekend Trades | Weekend trading allowed. | N/A | Forex programs: Holding positions overnight and over the weekend is allowed on Instant Funding, One Step and Two Step accounts.Futures programs: FTUK Futures does not allow holding positions overnight or over the weekend; positions must be closed by the daily cutoff time specified by FTUK. |
| Copy Trading | Copy trading allowed for own strategies only. | 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. | Forex programs: Copy trading is allowed between your FTUK account and your personal external accounts, but copying between multiple FTUK accounts (or running identical trades across multiple FTUK accounts) is prohibited.Futures programs: Copy trading is not permitted. |
| EA Allowed | EAs allowed on MT5 only. | PipFarm’s Terms prohibit using a commercial trading robot purchased from a third party without any adjustment to strategy. | Expert Advisors (EAs) and automated trading are permitted for standard intraday strategies, but FTUK’s permitted-styles matrix restricts EAs from a range of behaviors (e.g., martingale, scalping, tick scalping, hedging, and prohibited arbitrage styles). FTUK also warns that any trading style that constitutes high-frequency trading is not allowed. |
| KYC & Restrictions | |||
| KYC Required | Yes | No | Yes |
| KYC Stage | KYC required at Live Sim stage. | 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. | FTUK uses RiseWorks for payout processing and requires trader verification to access and withdraw via Rise. FTUK states payouts above $500 are processed via RiseWorks in USD, while payouts below $500 are processed via USDT (TRC20). If Rise is not supported in a trader’s country, FTUK can manually send payouts via USDT (TRC20). |
| 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 Central African Republic Congo (Republic of the Congo) Crimea Democratic Republic of Congo Iran Libya North Korea Somalia South Sudan Sudan Syria Yemen | Algeria Democratic Republic of the Congo Iran Libya Morocco North Korea Russia Somalia South Sudan Sudan Vietnam Yemen Tunisia |