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SeacrestFunded

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SeacrestFunded Broker Overview

SeacrestFunded, formerly known as MyFundedFX, is a U.S.-based proprietary trading firm established in July 2022 by founder Matthew Leech. Located at 700 Crescent Court, Unit 100, Dallas, TX 75201, it provides traders with access to simulated capital through four distinct evaluation programs: 1-Step, 2-Step, 2-Step News, and 3-Step. These programs are tailored to accommodate various trading approaches and skill levels, offering account sizes from $5,000 to $150,000. The firm supports trading on platforms such as MetaTrader 5 (MT5), cTrader, DXtrade, and MatchTrader, covering asset classes like forex, metals, indices, cryptocurrencies, and commodities. SeacrestFunded maintains strict policies, prohibiting Expert Advisors (EAs), automated copy trading, arbitrage, and aggressive scalping. It offers 24/7 customer support (except during U.S. holidays) and educational content through its blog and help center. With its emphasis on structured evaluations, platform variety, and trader support, SeacrestFunded is a compelling choice for those seeking simulated funding in a disciplined, rule-driven environment.

SeacrestFunded employs a clear and tiered pricing structure, with one-time evaluation fees, platform-specific commissions, and no recurring charges. Below is a comprehensive overview of costs and trading conditions.

Evaluation Fees

The firm offers four evaluation models—1-Step, 2-Step, 2-Step News, and 3-Step—with fees based on account size:

  • Standard Pricing (1-Step, 2-Step, 2-Step News):
    • $5,000: $50
    • $10,000: $100
    • $25,000: $200
    • $50,000: $300
    • $100,000: $500
  • 3-Step Plan:
    • $10,000: $70
    • $50,000: $225
    • $100,000: $375
    • $150,000: $70 (potentially a promotional rate or limited offer)
  • Details: Fees are one-time, granting access to the evaluation phase and simulated trading environment. No subscription or platform fees apply during challenges. Traders may reduce costs using SeacrestFunded coupon codes or affiliate promotions when available.

Platform Commission Structure

Commissions are applied in the Live Simulated Trader phase and vary by platform and asset:

  • MetaTrader 5 (MT5):
    • Forex, Metals, Indices, Energies: $5 per lot round-turn
    • Crypto: No commission
  • cTrader:
    • Forex, Metals, Indices, Oils: $6 per lot round-turn
    • Crypto: No commission
  • MatchTrader:
    • Forex, Metals, Indices, Oils: $3 per lot round-turn
    • Crypto: No commission
  • DXtrade: Commissions align with MatchTrader ($3 per lot for most assets).

Spreads and Execution

  • Spreads: Competitive, with major Forex pairs (e.g., EURUSD) offering near-zero spreads during high-liquidity sessions. Spreads depend on platform and market conditions, sourced from providers like Seacrest Markets, Purple Trading, and Match-Prime.
  • Execution: High fill rates (up to 99.8%) ensure reliable trade execution.
  • No-Commission Assets: Cryptocurrencies and certain indices incur no commissions, benefiting traders in volatile markets.

Withdrawal Fees

  • Profit Split: Traders receive 80%, with SeacrestFunded retaining 20%.
  • Payout Frequency:
    • 1-Step, 2-Step, 2-Step News: Biweekly
    • 3-Step: Every 5 days
  • Fees: No explicit withdrawal processing fees; payouts require full compliance with trading rules.
  • Note: Rule violations (e.g., over-leveraging, prohibited strategies) may result in delayed or forfeited profits.

Assessment

SeacrestFunded’s pricing is transparent and competitive, with low MatchTrader commissions ($3/lot) and no fees on crypto trades. Tight spreads and high execution quality add value, while coupon codes can lower entry costs. Traders should verify platform-specific spreads via their SeacrestFunded login.

SeacrestFunded prioritizes simplicity and compliance in its payment processes, offering efficient deposit and withdrawal options.

Deposit Methods

  • Credit/Debit Cards: Processed instantly via Stripe, ideal for immediate access to SeacrestFunded login and evaluation credentials.
  • Cryptocurrency: Accepted via Coinbase Commerce; no Coinbase account needed, with processing completed within 30 minutes pending blockchain confirmation.

Withdrawal Methods

  • Process: Payouts typically use the deposit method (primarily crypto); biweekly for most programs, every 5 days for 3-Step accounts.
  • Profit Split: 80% to traders.
  • KYC/AML: Mandatory for all withdrawals, particularly crypto, to meet regulatory standards.
  • Refund Policy: Available for untraded accounts within 14 days of purchase; crypto refunds require KYC verification.

Assessment

The deposit system is fast and flexible, accommodating global traders with card and crypto options. Payouts are reliable, with the 3-Step’s 5-day cycle being a highlight. KYC requirements may slow initial withdrawals, but the process aligns with industry standards. Traders should ensure rule compliance to avoid payout issues.

SeacrestFunded offers a broad multi-asset portfolio, supported by Tier 1 liquidity from Purple Trading and Match-Prime.

  • Forex: Includes majors (EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD), minors (EURGBP, NZDJPY, EURCHF), and exotics (USDZAR, EURZAR, USDPLN, EURMXN, USDHUF). Spreads are competitive, with EURUSD near zero during peak liquidity.
  • Metals: Gold (XAUUSD), Silver (XAGUSD), Platinum (XPTUSD), Palladium (XPDUSD); suitable for trend and volatility strategies.
  • Indices: US (SPX500, DOW30, NASDAQ), Europe (FTSE100, DAX40, STOXX50, CAC40), Asia-Pacific (Nikkei225, HK50, ASX200); ideal for intraday and swing trading.
  • Cryptocurrencies: BTCUSD, ETHUSD, LTCUSD, BCHUSD; continuous trading with no commissions.
  • Energies: Crude Oil WTI (CL), Brent Oil; supports event-driven and macro strategies.

Assessment

SeacrestFunded’s asset offering is comprehensive, covering key markets with competitive pricing. The inclusion of exotics and commission-free crypto trading enhances flexibility, though traders should check platform-specific spreads via their SeacrestFunded login.

SeacrestFunded employs a consistent, conservative leverage structure across all programs and platforms:

  • Forex: 30:1
  • Metals: 10:1
  • Indices: 10:1
  • Oils/Energies: 10:1
  • Cryptocurrencies: 2:1

Details

  • Uniformity: Leverage is identical across MT5, cTrader, MatchTrader, and DXtrade, ensuring consistency.
  • Program Consistency: No variation between 1-Step, 2-Step, 2-Step News, or 3-Step models.
  • Purpose: Lower leverage promotes capital preservation and aligns with evaluation risk controls.

Assessment

Compared to peers offering 50:1 or higher, SeacrestFunded’s leverage is conservative, supporting disciplined trading. Traders should verify limits via their SeacrestFunded login to plan position sizing effectively.

SeacrestFunded supports four platforms, each catering to different trading preferences:

  • MetaTrader 5 (MT5):
    • Supports forex, metals, indices, energies, crypto.
    • Commissions: $5/lot round-turn (except crypto).
    • EA use prohibited.
  • cTrader:
    • Chart-focused with sentiment tools and cBots (for backtesting only).
    • Commissions: $6/lot round-turn (except crypto).
    • Leverage: Up to 30:1.
  • MatchTrader:
    • Browser-based with TradingView integration and risk analytics.
    • Commissions: $3/lot round-turn (except crypto).
    • Features one-click trade closure and guest mode.
  • DXtrade:
    • Modern interface with performance dashboards, margin calculators, and customizable themes.
    • Commissions align with MatchTrader.

Assessment

The platform lineup is robust, with MatchTrader’s low costs and DXtrade’s analytics standing out. EA bans and lack of automated trading on cTrader may limit appeal for algorithmic traders. Platform selection at signup is critical, as switching is not supported.

SeacrestFunded offers four evaluation models tailored to diverse trading styles:

1-Step Evaluation

  • Sim Gain Target: 10%
  • Daily Sim Loss Limit: 4%
  • Overall Sim Loss Limit: 6%
  • Minimum Trading Days: 3
  • Trading Period: Unlimited
  • Payout Frequency: Biweekly
  • Sim Gain Split: 80%
  • Leverage: Up to 30:1
  • Fees: $50–$500
  • Best For: Traders seeking a streamlined, single-phase evaluation.

2-Step Evaluation

  • Step 1 – Challenge:
    • Sim Gain Target: 8%
    • Daily Sim Loss: 5%
    • Overall Sim Loss: 8%
    • Min Days: 3
  • Step 2 – Verification:
    • Sim Gain Target: 5%
    • Daily Sim Loss: 5%
    • Overall Sim Loss: 8%
    • Min Days: 3
  • Live Simulated Trader:
    • Gain Split: 80%
    • Payout: Biweekly
    • Leverage: 30:1
    • Fees: $50–$500
  • Best For: Traders preferring a balanced, two-stage process.

2-Step News Evaluation

  • Step 1 – Challenge:
    • Sim Gain Target: 10%
    • Daily Sim Loss: 4%
    • Overall Sim Loss: 8%
  • Step 2 – Verification:
    • Sim Gain Target: 5%
    • Daily Sim Loss: 4%
    • Overall Sim Loss: 8%
  • Live Simulated Trader:
    • Gain Split: 80%
    • Payout: Biweekly
    • Leverage: 30:1
    • Fees: $50–$500
  • Best For: News-driven traders leveraging volatility.

3-Step Evaluation

  • Phase 1:
    • Sim Gain Target: 6%
    • Daily Sim Loss: 4%
    • Overall Sim Loss: 8%
    • Min Trading Day: 1
  • Phase 2: Same as Phase 1
  • Phase 3 – Verification: Same as Phase 1
  • Live Simulated Trader:
    • Gain Split: 80%
    • Payout: Every 5 days
    • Leverage: 30:1
    • Fees: $70–$375
  • Best For: Conservative traders prioritizing gradual onboarding.

Assessment

The funding programs offer flexibility with no time limits and tailored risk parameters. The 3-Step’s 5-day payout cycle is a highlight, while the 2-Step News suits event-driven strategies. Coupon codes can lower costs, but strict rules demand careful adherence.

  1. Register: Sign up via the SeacrestFunded login portal with basic personal information.
  2. Choose Program & Size: Select 1-Step, 2-Step, 2-Step News, or 3-Step; pick account size ($5K–$150K).
  3. Review Terms: Study Terms of Service and engage with the Discord community for insights.
  4. Make Payment: Use Stripe (cards) or Coinbase Commerce (crypto); apply SeacrestFunded coupon code if available.
  5. Receive Credentials: Get platform access (MT5, cTrader, MatchTrader, DXtrade) via email.
  6. Begin Trading: Start evaluation without a mandatory start date.
  7. Refunds: Available within 14 days for untraded accounts; crypto refunds require KYC.

Assessment

Onboarding is user-friendly, with instant card payments and quick crypto processing. The refund policy is accommodating, though KYC for crypto users adds a step. Discord and onboarding videos enhance the experience for new traders.

  • Channels: 24/7 live chat (except U.S. holidays), email, Help Center with over 60 articles, and Discord community.
  • Team: Agents like Gio, Fhaizalk, and Darry offer personalized assistance.
  • Social Media: Active on YouTube, Instagram, and Twitter with updates and tutorials.
  • Limitations: No multilingual support; live chat pauses during U.S. holidays.
  • Assessment: Support is responsive and well-documented, with a strong Help Center. Adding multilingual options and full 24/7 coverage would improve accessibility.

SeacrestFunded’s blog provides practical, trader-centric content:

  • Categories: Beginner Tips, Analysis, Financial Education, Trading Psychology, Technical Indicators, Risk Management.
  • Sample Topics:
    • “How to Pass a Prop Firm Challenge: Why 68% Fail and How to Be in the 32% Who Succeed” (July 2025)
    • “Funded Trading Accounts Explained: Access Professional Capital Risk-Free”
    • “Weekend Gap Patterns: How to Exploit Open Moves in the Forex Market”
  • Features: Articles are 8–20 minutes, jargon-free, and aligned with trends like sentiment analysis and FX forecasting.
  • Assessment: The blog is a valuable tool for skill development, offering actionable insights for beginners and intermediates.

SeacrestFunded, a U.S.-based prop firm founded in 2022, offers 1-Step, 2-Step, 2-Step News, and 3-Step evaluation programs with account sizes from $5,000 to $150,000. Operating on MT5, cTrader, MatchTrader, and DXtrade, it supports forex, metals, indices, crypto, and energies with competitive spreads and commissions as low as $3/lot. The 80% profit split, fast payouts (5 days for 3-Step), and educational blog make it attractive, though strict bans on EAs, copy trading, and scalping require discipline. With a 4.2/5 TrustScore, SeacrestFunded is a reliable choice for traders valuing structure and transparency.

  • Is Copy Trading Allowed? Manual copy trading via TradersConnect permitted; automated copiers banned.
  • Can I Use Bots/EAs? No, all automation (EAs, tick scalping, HFT) is prohibited.
  • Who Can Join? Global traders, subject to KYC and Terms of Service.
  • Key Rules? 4%–5% daily loss, 6%–8% overall loss, 2-minute trade hold, no reverse hedging, 2% risk per trade.
  • How to Pass Evaluations?
    • 1-Step: 10% gain, 4% daily/6% overall loss, 3 min days.
    • 2-Step: 8% (Challenge), 5% (Verification), 5% daily/8% overall loss.
    • 2-Step News: 10% (Challenge), 5% (Verification), 4% daily/8% overall loss.
    • 3-Step: 6% per phase, 4% daily/8% overall loss, 1 min day per phase.
  • Is It a Scam? No, legitimate with verified payouts and 4.2/5 TrustScore.
  • Who Owns It? Matthew Leech, under MyFunded Capital LTD.
  • Where Based? Dallas, TX, USA.
  • Is It Safe/Reliable? Moderately reliable; strong support and payouts, but strict rules require careful adherence.

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