5%OFF
Seacrest Funded(Markets)
PROP FIRM OVERVIEW:
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Key Highlights:
- Unlimited Trading Days on All Challenges
- High Funding Potential with Scaling up to $500K
- Flexible Trading Style with No Major Restrictions
- Challenge Duration: No Time Limit
pros summary:
Low 5% Profit Target in Verification Phase
Frequent Payouts Every 14 Days
No Minimum Profitable Days on Live Accounts
Cons summary:
Minimum Profitable Days Required During Evaluation
Lower leverage
Significant List of Restricted Countries
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Firm Rules:
Seacrest Funded(Seacrest Markets) Key Trading Rules and Account Guidelines
Seacrest Funded has a specific set of rules designed to promote consistent and responsible trading. Understanding these guidelines is crucial for success in their programs.
News Trading Rules
News trading is permitted during the Challenge Phase but is restricted on Live Simulated Accounts. On live accounts, you are prohibited from opening or closing trades within a 3-minute window (before and after) of high-impact news releases. This is considered a soft breach, resulting only in the removal of profits from the specific trades. Holding existing trades through the news window is allowed.
Minimum Profitable Days Requirement
For 1-step and 2-step evaluations, traders must achieve at least 3 profitable days to pass. A day is classified as profitable if it generates a net profit of 0.5% or more of the initial account balance. Failing to meet this target does not cause a breach but will delay the successful completion of your evaluation.
Policy on EAs and Copy Trading
Seacrest Funded(Seacrest Markets) has strict policies regarding automated and copied trading to ensure individual performance.
- Expert Advisors (EAs): EAs are permitted on the MT5 platform only. However, traders must use unique EAs with personalized settings. Duplikium, arbitrage-based bots, and high-frequency trading (HFT) methods are strictly prohibited. All EA activity is closely monitored. Read more
- Copy Trading: You are only allowed to copy trades between your own personal accounts (at Seacrest Funded or other brokers). Copying signals, or trades from friends, family, or other traders is considered prohibited group trading and can result in account closure and profit forfeiture. Read more
Leverage and Risk Limits (Funded Accounts)
On funded accounts, gambling-style trading or using maximum leverage is not permitted. Your total open position size must not exceed a 2% maximum risk of the account balance. A first violation will result in a warning, while a second violation will lead to your account being disabled.
30-Day Inactivity Rule
You must place at least one trade every 30 days to keep your account active. This timer begins from the date of your purchase, not from your first trade.
VPN, VPS, and IP Address Rules
The use of personal VPNs and VPS services is permitted. However, sharing devices or IP addresses with other Seacrest Funded traders is strictly forbidden. Using these tools to bypass rules against copy trading or group trading will result in immediate account termination.
MT5 Client ID (CID) Restriction
A single MT5 Client ID (CID) must not be used to access or trade on multiple Seacrest Funded accounts, regardless of ownership. Using one CID for more than one account will lead to immediate disqualification, closure of all associated accounts, forfeiture of profits, and a permanent ban.
For a complete list of forbidden strategies, please refer to the official documentation. Read more
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"For a quick comparison of these regulations with other firms, please see our main prop firm rules summary page."
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Seacrest Funded (Seacrest Markets) Payouts and Scaling Plan
This firm offers a straightforward payout schedule and a rewarding plan for consistent traders to grow their capital.
Payout Rules (1-Step & 2-Step Accounts)
For both the 1-Step and 2-Step challenge accounts, traders are eligible for bi-weekly payouts. You can request a withdrawal of your profits every 14 days, with a default profit split of 80%.
Account Scaling Plan (Up to $1M)
A scaling plan is available to reward consistent profitability, allowing you to grow your account balance up to a maximum of $1,000,000. The process works as follows:
- Performance Target: Achieve a total profit of at least 12% over a 90-day period.
- Account Growth: Upon meeting the target, your initial account balance will be increased by 25%.
- Review Cycle: This performance review and scaling process occurs every 3 months.
- Maximum Scaling: An account can be scaled a maximum of 5 times from its original starting balance.
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