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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.

3.3
Based on 1 Trustpilot Reviews
+0 (7d) +0 (30d) +1 (90d)
Firm Closed
Max Allocation $400,000 Capital Profit Split 92.75% Payout structure Platforms Seacrest Markets MT5MT5 Seacrest Markets Match-TraderMatch-Trader

Trustpilot Rating History

Trustpilot rating
3.30 3.00 3.30 Mar 2026 Sep 2026
Total reviews
2 1 1 Mar 2026 Sep 2026

Independently tracked from Mar 22, 2026 — the rating has moved +0.00 and the review count +0 over the period, based on 73 timestamped snapshots we record ourselves.

See this month's biggest Trustpilot movers →  ·  How we rate →

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.

VS

How does it stack up?

Compare Seacrest Markets against other top rated firms.

Frequently Asked Questions

How does Seacrest Markets handle different trading styles such as automated trading, news trading, and copy trading?
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.

What are the payment and refund rules at Seacrest Markets?
Payment Methods: Credit/Debit Card, Crypto, Apple Pay

Refund only if untraded within 14 days.



Accepted payment methods, refund eligibility criteria, and processing times are detailed on Seacrest Markets official website.

What are the key payout details at Seacrest Markets, such as minimum withdrawal amount, payout timing, and methods?
Minimum Payout Amount: $65

Days to First Payout: 14:

Payout Processing Time (Days):

Processing 12–72 hours.



Payout Frequency:

Payouts every 14 days (VIP tiers faster).



Payout Methods:Crypto, RiseWorks

More information on withdrawal minimums, processing duration, and payout schedules is on Seacrest Markets official website.

What is the top profit split rate at Seacrest Markets for funded traders?
The maximum profit split offered by Seacrest Markets is 92.75%, meaning traders can keep up to this percentage of their generated profits.

For details on profit split tiers, scaling bonuses, and payout conditions, see Seacrest Markets official website.

What markets does Seacrest Markets allow traders to trade across?
Seacrest Markets allows traders to access the following markets and asset classes:

FX, Metals, Indices, Energy & Commodities, Crypto

Leverage by asset class:
Forex: 30
Indices: 10
Metals: 10
Crypto: 2

The full list of tradable instruments with real-time availability is on Seacrest Markets official website.

Can you explain the leverage limits at Seacrest Markets for forex, indices, metals, and cryptocurrency trading?
Seacrest Markets sets asset-specific leverage limits to manage risk exposure:

Forex trading: Up to 30
Index trading: Up to 10
Metals trading: Up to 10
Crypto trading: Up to 2

See how leverage varies by instrument class on Seacrest Markets official website.

Who is the broker used by Seacrest Markets, and which trading platforms are supported for trading?
The available trading platforms offered by Seacrest Markets are: mt5,match-trader Broker: Seacrest Markets (broker-backed prop program; FSCA-linked pricing feed)

See which platforms support which account types at Seacrest Markets official website.

How does Seacrest Markets define its spread quality, commission charges, and slippage handling for traders?

Variable market spreads.

Positive and negative slippage modeled.

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



Live spread data, commission schedules, and execution statistics are published on Seacrest Markets official website.

What trading strategy restrictions should traders be aware of at Seacrest Markets?
Martingale Allowed?

No

Prohibited Strategies

Latency arbitrage, HFT, signal services prohibited.


Lot Size Limits:

No fixed lot size limits.



The complete list of allowed and prohibited trading strategies is available on Seacrest Markets official website.

How does Seacrest Markets define its drawdown type for traders?
Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step)

For detailed drawdown calculations, reset rules, and worked examples, see Seacrest Markets official website.

Are there specific consistency or percentage-based rules at Seacrest Markets?

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


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


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



The full risk management rulebook including daily loss calculations and consistency requirements is on Seacrest Markets official website.

Does Seacrest Markets offer different program or evaluation models?
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.

Can you explain the challenge model used by Seacrest Markets?

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.


Full challenge rules, profit targets, and time limits are detailed on Seacrest Markets official website.

What is the maximum account funding at Seacrest Markets, and can traders benefit from a scaling plan?
Traders at Seacrest Markets can manage capital up to $400,000.

Scaling plan availability: Yes

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.



Explore all capital allocation options at Seacrest Markets official website.

How many Trustpilot reviews does Seacrest Markets have, and what is its rating?
As of September 19, 2026, Seacrest Markets is rated 3.3 on Trustpilot with 1 reviews. Visit the Trustpilot website for the full review history.

For the latest customer feedback and response times, check Seacrest Markets official website.

How do the program types at Seacrest Markets break down?
Looking for the full program lineup? Seacrest Markets offers: • 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)

Explore which program suits your trading style at Seacrest Markets official website.

What are the key account-related rules at Seacrest Markets for advanced traders managing multiple accounts?
What is Max Accounts per Trader limit at Seacrest Markets?

Max total simulated value $400k.



Is Account Merge Allowed at Seacrest Markets?
Yes

What are Lot Size Limits at Seacrest Markets?

No fixed lot size limits.



For the latest account limits, merging rules, and scaling options, see Seacrest Markets official website.

When and why is KYC required at Seacrest Markets?
Is KYC Required at Seacrest Markets?

Yes

At what stage traders must go through identity verification at Seacrest Markets?

KYC required at Live Sim stage.



Full details on the identity verification process and required documents are available on Seacrest Markets official website.

Which countries are not eligible to trade with Seacrest Markets?
Traders from given below countries are not allowed at Seacrest Markets

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

For the most current list of accepted and restricted countries, check Seacrest Markets official website as eligibility can change based on regulatory updates.

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