Overview of SeacrestFunded
SeacrestFunded is a proprietary trading program offered through the Seacrest Markets platform. It provides traders with an opportunity to access trading capital based on their performance in a predefined evaluation process. The structure follows a model commonly used by prop trading firms, wherein traders undergo an assessment phase before managing company-provided capital.
The platform is geared toward individuals looking to scale their trading without using personal funds. It emphasizes disciplined trading, risk management, and profit-sharing models to align incentives between the trader and the firm.
Business Model and Structure
SeacrestFunded operates on a funding challenge system. Traders register for an evaluation challenge, demonstrate profitable trading within defined risk parameters, and if successful, are granted a funded trading account. The business model relies on a two-stage approach:
1. Evaluation Phase
Traders begin by purchasing an evaluation account with specific rules. These typically include:
- A profit target that must be reached within a certain number of trading days.
- A maximum daily loss limit.
- An overall drawdown limit.
- Minimum trading days requirement.
Traders must adhere strictly to these parameters to qualify for the next stage.
2. Funded Account Phase
Upon successful completion of the evaluation, traders are provided with a funded account. This account mirrors the evaluation in terms of drawdown limits and risk controls, but profits generated are shared between the trader and SeacrestFunded. The split ratio may vary based on the program selected.
Payouts are typically structured on a bi-weekly or monthly basis, contingent upon meeting specific trading volume and consistency requirements.
Account Types
SeacrestFunded offers several account sizes and configurations tailored to different trading styles and risk appetites. These accounts vary in initial capital allocation, drawdown rules, and pricing. Common options include:
- $10,000 Account
- $25,000 Account
- $50,000 Account
- $100,000 Account
- $200,000 Account
Each account type includes different parameters for profit targets and drawdown thresholds. Larger accounts may come with tighter relative drawdown limits but offer greater profit potential.
Platform Access and Trading Instruments
SeacrestFunded allows traders to use popular third-party trading platforms. Currently supported platforms include:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
The available financial instruments vary but generally include:
- Forex pairs (major, minor, and exotic)
- Commodities (such as gold, silver, and oil)
- Indices (including S&P 500, NASDAQ, DAX, FTSE)
- Cryptocurrencies (including Bitcoin and Ethereum)
The trading hours and contract specifications for each asset depend on the liquidity providers integrated through Seacrest Markets.
Trading Rules and Risk Management
Risk management is central to SeacrestFunded’s program. Key trading rules include:
- Daily Loss Limit: Traders cannot exceed a predefined percentage loss in a single day.
- Max Drawdown: An overall drawdown threshold is enforced from the account’s peak balance.
- No Holding Trades Over the Weekend: Unless explicitly allowed, positions must be closed before market close on Fridays.
- Consistency Rules: Traders may need to maintain trade size consistency or profit distribution across days to qualify for payouts.
Violation of any of these rules during the evaluation or funded stage typically results in disqualification or account reset.
Profit Sharing and Withdrawals
The profit-sharing model offered by SeacrestFunded generally involves a split of up to 80% in favor of the trader. This split may vary depending on:
- Performance consistency
- Duration of trading
- Account type
- Program tier
Withdrawals are processed after the trader requests a payout, provided the account remains compliant with all rules. The firm usually requires a minimum number of trading days before the first withdrawal.
Withdrawals are made via common payment processors such as:
- Bank Transfer
- Cryptocurrency (e.g., USDT, BTC, ETH)
- Digital wallets (varies by region)
Processing times depend on the chosen withdrawal method but typically range from 1 to 5 business days.
Technology and Order Execution
SeacrestFunded operates via a brokerage partner model, using Seacrest Markets as its execution broker. This enables direct access to financial markets via established platforms. Features include:
- Low latency order execution
- Tight spreads on major instruments
- Variable or fixed leverage (usually 1:100 or 1:200)
- Real-time performance analytics dashboards
Order execution quality is determined by the liquidity providers used by Seacrest Markets, as well as platform configurations chosen by the trader.
Customer Support and Account Management
Support is typically provided through:
- Live chat on the website
- A dedicated dashboard for account updates and status tracking
The trader dashboard includes performance tracking, rule adherence checks, and account status updates. Any rule violations or account issues are also communicated via this portal.
Customer service availability aligns with market hours, with extended coverage during major trading sessions (London and New York). Response times vary based on query complexity.
Payout Policies and Scaling Plans
SeacrestFunded includes a scaling plan that allows profitable traders to grow their capital over time. Upon meeting specific criteria—such as consistent profitability and adherence to risk parameters—traders can request account scaling. Key features include:
- Incremental capital increases (e.g., 25% to 50%)
- Adjustment of profit targets accordingly
- Retention of original profit split terms
The scaling model incentivizes sustained profitability and low-risk behavior.
Fees and Refund Policy
Evaluation accounts require an upfront fee. This fee varies based on the account size selected. Common fees include:
- $100 for a $10,000 account
- $250 for a $50,000 account
- $500 for a $100,000 account
These fees are one-time payments for each evaluation attempt. There are no monthly charges or recurring fees for active accounts. Some programs may offer refunds of the evaluation fee upon reaching the first payout milestone, though terms may vary.
Fee refunds are conditional on:
- Passing the evaluation
- Earning a payout on the funded account
- Not violating any rules during trading
Refund eligibility must be confirmed via the trader dashboard or support team.
Funding and Payment Methods
Traders can purchase evaluation accounts using several payment methods. These typically include:
- Credit and Debit Cards
- Cryptocurrency (USDT, Bitcoin, Ethereum)
- Online wallets and processors (depending on geographic region)
All payments are processed through secure payment gateways integrated into the SeacrestFunded site.
Company Information and Ownership
SeacrestFunded is affiliated with Seacrest Markets, an entity that offers trading platforms and brokerage services. The two operate in partnership, with SeacrestFunded focusing on proprietary trading opportunities and Seacrest Markets handling execution infrastructure. Corporate and operational details, such as company registration and leadership information, are made available on the official site or through direct inquiry.
Trader Eligibility and Geographic Access
SeacrestFunded is available to traders in most regions, though some restrictions apply based on local laws and payment provider limitations. Participants must be of legal age and capable of operating trading software independently. Account verification may be required before receiving payouts, which typically includes:
- Government-issued ID
- Proof of address
- Payment method verification
Geographic restrictions may affect access to payment methods and available trading platforms.
Educational Resources and Tools
While the main focus of SeacrestFunded is on trading capital allocation, it also provides limited educational content, including:
- Trading rule guides
- Platform tutorials
- Performance evaluation checklists
These resources are designed to help traders understand the evaluation process and remain compliant with risk protocols.
Conclusion
SeacrestFunded provides a structured and rule-based proprietary trading opportunity for traders seeking access to significant capital. The two-phase model—evaluation and funded trading—requires traders to demonstrate both profitability and strict risk management. With multiple account options, platform compatibility, and a standardized profit-sharing structure, the program caters to a wide range of traders looking for non-leveraged funding paths. Strict adherence to rules, consistent performance, and compliance with platform protocols are required to succeed in the program.
