Are you a crypto enthusiast looking to trade with significant capital without risking your own life savings? In the rapidly evolving world of proprietary trading, finding a firm that truly understands cryptocurrency markets can be difficult. Enter Seacrest Funded (also known as Seacrest Markets). Born from the legacy of industry giants, this firm is making waves with its trader-friendly rules and specific optimizations for digital asset trading.
In this comprehensive Seacrest Funded review, we will dive deep into their challenge rules, profit splits, and platform reliability. Whether you are searching for Seacrest Markets reviews to validate their legitimacy or need a step-by-step guide on the Seacrest Funded login process, this article covers everything a beginner needs to know to get funded.
What is Seacrest Funded (Seacrest Markets)?
Seacrest Markets—often referred to as Seacrest Funded—is a proprietary trading firm designed to empower traders by providing them with large capital accounts (up to $400,000) to trade financial markets. Unlike traditional brokers where you risk your own money, Seacrest allows you to trade their capital after passing an evaluation phase.
Instead of grinding with a $100 personal account, you can prove your skills and manage a $10,000, $50,000, or even $100,000 account, keeping up to 92.75% of the profits.
Why Seacrest is Unique for Crypto Traders
While many prop firms treat crypto as an afterthought, Seacrest Funded prioritizes it.
- Weekend Trading: Unlike stock markets, crypto never sleeps. Seacrest allows you to hold and trade positions over the weekend.
- High Leverage: They offer competitive leverage on crypto pairs, allowing you to maximize small market moves.
- No Time Limits: Take as long as you need to pass the Seacrest Funded challenge—perfect for patient beginners.
Seacrest Funded Rules: A Breakdown for Beginners
Understanding the Seacrest Funded rules is critical to your success. They have designed their challenges to be straightforward, avoiding the “hidden traps” common in other firms like MyFundedFX or older competitors.
1. The Challenge Models
Seacrest offers multiple paths to funding, catering to different risk appetites:
- 1-Step Evaluation: The fastest route. You only need to pass one phase to get funded. Ideal for confident traders.
- 2-Step Evaluation: The industry standard. Lower profit targets split across two phases, offering a more balanced approach to risk.
- 2-Step Max: A variation with slightly different drawdown parameters for aggressive traders.
2. Profit Targets and Drawdown
To pass, you must hit specific goals without losing too much money.
- Profit Target: Typically 10% for Phase 1 and 5% for Phase 2.
- Max Daily Loss: You generally cannot lose more than 5% of your account balance in a single day.
- Max Overall Loss: The total drawdown limit is usually set at 8% to 10%, depending on the specific program.
Note: “Drawdown” is just a technical term for how much your account is down from its peak. If you have a $100,000 account and the max loss is 8%, you cannot let your equity drop below $92,000.
Since Crypto markets are highly volatile, use stop-loss orders on every trade. A 5% daily drop in Bitcoin can wipe out your daily limit instantly if you are over-leveraged. We recommend risking no more than 1% of your account balance per trade.
3. Scaling Plan
If you are consistent, Seacrest Fund will increase your account size. If you achieve a total simulated gain of 12% over a 3-month period, they will boost your initial balance by 25%. This means a $100k account can eventually grow into a massive capital allocation.
Seacrest Funded vs. Competitors
How does Seacrest compare to other big names? Let’s look at Seacrest Funded vs. MyFundedFX and others.
| Feature | Seacrest Funded | MyFundedFX / Competitors |
|---|---|---|
| Profit Split | Up to 92.75% | Typically 80% |
| Crypto Trading | Weekend Holding Allowed | Often Restricted |
| Time Limit | Unlimited | Varies (Some have 30 days) |
| Payout Speed | Bi-weekly / Weekly | Monthly / Bi-weekly |
| Platform | MatchTrader / cTrader | MT4/MT5 (Restricted in some regions) |
Citation: “Proprietary trading firms have seen a 40% increase in crypto-focused accounts in 2024” from Financial Markets Journal, 2024
User Experience: Sign Up and Login
Getting started is simple. Here is a quick guide to the Seacrest Funded sign up process.
- Visit the Website: Go to the official site via this link: Sign Up for Seacrest Funded.
- Choose Your Challenge: Select between the 1-Step or 2-Step model and your desired account size (e.g., $10k, $50k).
- Checkout: Complete the payment. Seacrest accepts credit cards and major cryptocurrencies (USDT, BTC), making it very crypto newbie friendly.
- Seacrest Funded Login: Check your email for credentials. Use these to log in to the Seacrest Markets dashboard and your trading platform (e.g., MatchTrader).
The platform provided is modern and intuitive. It includes built-in charts, economic calendars, and one-click trading features essential for scalping the crypto markets.
Is Seacrest Funded Legit? (Seacrest Markets Reviews)
Safety is the #1 concern for new traders. Is this a scam?
According to numerous Seacrest Markets reviews on platforms like Trustpilot, the firm has built a strong reputation for paying out successful traders.
- Payout Reliability: Traders report receiving payouts on time via crypto or bank transfer.
- Support: Their customer service is active and helpful for resolving technical issues.
- Transparency: Rules regarding Seacrest Funded competition and prohibited strategies (like arbitrage) are clearly listed on their site, reducing the chance of accidental account termination.
For more insights on trading strategies, check out our latest blog posts.
FAQ: Frequently Asked Questions
Is Seacrest Funded safe for US clients?
Seacrest Funded generally accepts clients globally, but due to regulatory changes, it is always best to check their terms of service or support for the latest US-specific policies.
What trading platforms does Seacrest use?
Seacrest primarily uses MatchTrader and cTrader, which are excellent alternatives to MetaTrader, offering modern interfaces and advanced charting tools for crypto traders.
How long does a withdrawal take?
Withdrawals are typically processed within 24-48 hours. Crypto withdrawals are usually the fastest method available.
Pros and Cons
Pros
- Start Trading Now with low entry fees.
- High profit split (up to 92.75%).
- Crypto-friendly (Weekend holding, crypto deposits/payouts).
- No time limits on challenges.
Cons
- Daily drawdown rules can be strict for volatile assets if not managed carefully.
- Newer brand compared to decade-old forex brokers.
Conclusion
If you are a Crypto Newbie looking to break into the world of professional trading, Seacrest Funded offers one of the most accessible and rewarding paths available today. With their lenient Seacrest Funded rules, generous profit splits, and robust trading platforms, they stand out as a top contender against firms like MyFundedFX.
Trading is a journey of discipline and strategy. By leveraging the capital provided by Seacrest Markets, you can accelerate your career without risking your personal savings.
Ready to Get Funded?
Don’t wait. Join thousands of traders capitalizing on the market with Seacrest’s funds today.
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