Seacrest Markets

Headquartered in South Africa Founded in 2022
Updated December 29, 2025

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 to 92.75%), and a 2-Step scaling plan designed to grow allocation over time for disciplined, rule-following traders.

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Max Allocation $400,000 Capital Profit Split 92.75% Payout structure Platforms Seacrest Markets MT5MT5 Seacrest Markets Match-TraderMatch-Trader

Program Type & Scaling

• 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)

Scaling Plan

Scaling Plan Availability

Seacrest Markets offers a scaling plan (primarily tied to 2-Step Live Sim accounts) that increases account balance by 25% at each milestone, with reviews typically occurring on a 3-month cadence once eligibility requirements are met.

Scaling is designed to grow traders toward larger simulated allocations over time (the firm references scaling up to $1,000,000 in its program materials), provided the account remains compliant and in good standing.

Requests are submitted through support once the trader has met the required payout/consistency criteria and maintained account health throughout the scaling period.

Daily Loss Limit

Maximum Daily Loss

Daily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step).

Maximum Overall Loss

Maximum Overall Loss

6% trailing (1-Step), 8% static (2-Step / 3-Step).

Drawdown Model

Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step)

Leverage

Forex 30
Crypto 2

Broker

Seacrest Markets (broker-backed prop program; FSCA-linked pricing feed)

Commissions

MT5: FX $5/lot RT. Match-Trader: FX $3/lot RT. No commissions on indices or crypto.

Tradable Assets

FX, Metals, Indices, Energy & Commodities, Crypto

News & Event Trading

News trading restricted on Live Sim (±3 minutes).

Payouts & Profit Split

Profit Split Start (%) 80%
Minimum Payout Amount $65
Payout Frequency

Payouts every 14 days (VIP tiers faster).

Payout Methods Crypto, RiseWorks
Payment Methods Credit/Debit Card, Crypto, Apple Pay

Evaluation & Account Rules

Challenges

Seacrest Markets’ prop offering is structured around simulated evaluations that lead to a Live Simulated account:

  • 1-Step Challenge: One-phase evaluation with a 10% target, 4% daily loss, and a 6% trailing max drawdown model.
  • 2-Step Challenge: Two phases (8% then 5% targets), 5% daily loss, and an 8% static max drawdown model.
  • 3-Step Challenge: Multi-phase evaluation with published daily/max drawdown rules; phase targets are plan-specific inside the dashboard.
  • Live Simulated Accounts: No profit target; traders focus on risk compliance and can request payouts on schedule.

Trading Permissions

Weekend Trades

Weekend trading allowed.

Copy Trading

Copy trading allowed for own strategies only.

EA Allowed

EAs allowed on MT5 only.

Prohibited Strategies

Latency arbitrage, HFT, signal services prohibited.

Other Details

Refund Policy (Code)

Refund only if untraded within 14 days.

3 Percent Rule (Notes)

No fixed 3% rule; controlled via drawdown and behavior monitoring.

Consistency Rule (Notes)

Minimum 3 profitable days (≥0.5%) during evaluations only.

Indices Leverage Max 10
Metals Leverage Max 10
Days to First Payout 14
Payout Processing Time (Days)

Processing 12–72 hours.

Account Merge Allowed Yes
Max Accounts per Trader

Max total simulated value $400k.

KYC Required Yes
KYC Stage

KYC required at Live Sim stage.

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
Scaling Plan Availability Yes
Other Risk Rules

Includes inactivity rules, execution behavior monitoring, and simulated value caps.

Spread Quality

Variable market spreads.

Slippage Policy

Positive and negative slippage modeled.

Martingale Allowed

Martingale not approved.

Lot Size Limits

No fixed lot size limits.

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