How does Seacrest Markets handle different trading styles such as automated trading, news trading, 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.
The complete list of permitted and restricted trading strategies, including EA policies and news trading rules, is on Seacrest Markets official website.
More FAQs about Seacrest Markets
- 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?
- 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 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 Metals Trading
- Prop Firms With MT5 Platform
- Prop Firms With Trustpilot rating of 3.1 or higher
- Top Prop Firms That Accept Clients From Tokelau
These guides include Seacrest Markets alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
Seacrest Markets vs SabioTrade vs Crypto Fund Trader - Prop Firm Comparison (November 2026)
Side-by-side comparison of Seacrest Markets vs SabioTrade vs Crypto Fund Trader. 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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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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Crypto Fund Trader
Crypto Fund Trader (CFT) is a Switzerland-based crypto-first evaluation firm operated via SWISS RLCRATES AG that offers 1-phase, 2-phase, Instant and Ascend models with no time limits on standard challenges, trading via MT5, Match Trader and Bybit, simulated allocations up...
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| Overview | |||
| Trustpilot Rating | 3.3 | 0 | 0 |
| Trustpilot Reviews | 1 | 0 | 0 |
| Headquarters | South Africa | Ireland | Switzerland |
| Age (Years) | N/A | 3 | 5 |
| Max Funding | $400,000 | $650,000 | $300,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 92.75% | 90% | 90% |
| Platforms | mt5 match-trader | MT4 MT5 Quadcode | MT5 Match-Trader Bybit |
| Assets | FX Metals Indices Energy & Commodities Crypto | Forex stocks indices commodities ETFs cryptocurrencies | Crypto Forex Indices Commodities Stocks |
| Leverage | |||
| FX Leverage | 30 | 30 | 100 |
| Metals Leverage | 10 | 25 | 100 |
| Crypto Leverage | 2 | 3 | 100 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | 5 | Maximum Daily LossCrypto Fund Trader calculates daily drawdown based on equity. For standard evaluations, the daily maximum loss is measured from the starting balance at 12:05 AM UTC. CFT lists the default daily limits as 5% on 2-phase evaluations and 4% on 1-phase evaluations.Add-ons may modify certain limits (for example, a 2-phase add-on that increases daily drawdown to 6%). Ascend also adds a specific news window risk constraint (see “News Trading”). |
| Max Total Loss | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | 6 | Maximum Overall LossCFT’s standard evaluation structures use different overall loss models:2-Phase: maximum loss is typically fixed at 10% of initial balance.1-Phase: a 6% trailing drawdown applies (equity-based), and once the account exceeds +6% profit, the trailing line locks at the initial balance instead of continuing to trail upward.3-Phase (if selected): CFT states a 5% fixed maximum loss with a 5% daily max loss.Add-ons may increase max loss limits (e.g., a 2-phase add-on raising max loss to 12%). |
| Drawdown Type | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Trailing (dynamic drawdown calculated from the highest equity reached) | Drawdown ModelCrypto Fund Trader’s drawdown enforcement is primarily equity-based. The daily loss limit resets using the account’s starting balance at 12:05 AM UTC. For overall drawdown, CFT uses static/fixed overall loss on 2-phase challenges (e.g., 10% of initial) and a trailing model on 1-phase challenges (6% trailing that later locks at the initial balance after +6% gain).Accounts that breach max daily, max overall, or trailing drawdown are deactivated and the trader is notified by email. |
| Payouts | |||
| Payout Frequency | Payouts every 14 days (VIP tiers faster). | Weekly | Payout FrequencyIn the final-stage simulation, scholarship requests can be made after at least 15 trading days, or alternatively every 30 calendar days (if rules were not violated). Certain program variants (e.g., 3-phase rules) note a first request possible after 5 trading days, and an add-on may allow eligibility after 7 active trading days.For Instant accounts, CFT also supports a scale milestone: once the account reaches +10% profit, traders can request a “Withdrawal & Update” to both withdraw and double the account size. |
| Days to First Payout | 14 | 7 | 15 |
| Payout Processing Time | Processing 12–72 hours. | 1 | Payout ProcessingCFT states that once a scholarship is requested, its team verifies the information and sends payment within 48 business hours. After the payment is sent, CFT states the user receives the scholarship in no more than 24 hours (timing depends on the payment rail). |
| Payout Methods | Crypto RiseWorks | Bank transfer | Bank Transfer (EUR USD) Crypto (USDT ERC20 USDT TRC20 BTC ETH) |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Apple Pay | Credit/debit card Bank transfer | Credit/Debit Card Crypto (11 supported currencies) |
| 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. | News trading is allowed on CFT evaluations according to its FAQ. For Ascend evaluations, CFT adds a news-window constraint: within 2 minutes before and after high-impact news or market opening, accounts must not open/add positions or raise maximum theoretical loss above 2% of initial balance. |
| 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. | Weekend/overnight holding is generally allowed (CFT states it accepts swing trading strategies and keeping trades open over the weekend). Market availability still follows instrument schedules: crypto trades 24/7 while forex is typically Monday–Friday and other CFDs follow their own market hours. |
| 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. | CFT does not present a simple “copy trading allowed” rule in its public FAQ. However, it explicitly restricts multi-account coordination through rules such as the reverse trading/hedging constraints, and it states that copy trading between Ascend accounts is prohibited (including coordinated or mirrored behaviour that cannot be attributed to chance). |
| 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. | Automation is partially supported: CFT lists categories of prohibited EA types (notably HFT, tick scalping, arbitrage and demo-environment exploitation). EAs that do not fall into these categories are not explicitly banned in the FAQ, but traders remain responsible for ensuring automation complies with all rules. |
| 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. | KYC is required as part of the scholarship/withdrawal workflow. After a scholarship request is submitted in the dashboard, CFT states the trader receives a contract to sign and a KYC to complete before funds are sent. (Bybit evaluations may additionally be subject to Bybit’s own KYC rules, which are the trader’s responsibility.) |
| 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 | N/A |
Seacrest Markets
SabioTrade
Crypto Fund Trader