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