Prop Firm Review

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SeacrestFunded

4.0

SeacrestFunded offers traders an opportunity to engage in high-reward challenges that eliminate the risk of personal capital while allowing them to earn based on their trading performance. With account sizes of up to $100,000 and profit splits reaching up to 92.75%, SeacrestFunded provides traders with the flexibility to trade in forex pairs, commodities, indices, and cryptocurrencies.


Who Are SeacrestFunded?

SeacrestFunded, incorporated as MyFunded Solutions, LLC in June 2022, is a proprietary trading firm based in Dallas, Texas. Under the leadership of CEO Matthew Leech, the company aims to fill a gap in the trading industry by providing tailored educational programs and funding opportunities for traders. Matthew, a seasoned entrepreneur and trader with expertise in forex, options, stocks, and cryptocurrencies, founded SeacrestFunded to offer a more trader-centric approach.

 


What Funding Programs Are Offered?

SeacrestFunded presents a variety of funding options, allowing traders to choose from four different programs:

  1. Two-step Challenge

  2. Two-step Max Challenge

  3. One-step Challenge

  4. Three-step Challenge

 


Two-step Challenge

This evaluation provides account sizes from $5,000 to $100,000, and the goal is to identify talented traders who can manage risk effectively. Leverage is set at 1:30.

  • Account Size & Prices:

    • $5,000 – $50

    • $10,000 – $100

    • $25,000 – $200

    • $50,000 – $300

    • $100,000 – $500

  • Phase 1 Profit Target: 8%

  • Phase 2 Profit Target: 5%

  • Maximum Daily Loss: 5% (scalable up to 8%)

  • Maximum Loss: 8% (scalable up to 14%)

  • Minimum Trading Days: 3 profitable days per phase (0.5% minimum profit per day)

Traders who successfully complete both phases are awarded a funded account with 80% to 92.75% profit splits and can request their first payout in 7 calendar days.


Two-step Max Challenge

With account sizes from $5,000 to $200,000, this challenge is ideal for traders seeking higher risk and reward. Leverage is also 1:30.

  • Account Size & Prices:

    • $5,000 – $38

    • $10,000 – $75

    • $25,000 – $140

    • $50,000 – $210

    • $100,000 – $425

  • Phase 1 Profit Target: 10%

  • Phase 2 Profit Target: 5%

  • Maximum Daily Loss: 5% (Phase 1), 4% (Phase 2)

  • Maximum Loss: 10% (Phase 1), 8% (Phase 2)

  • Minimum Trading Days: 3 profitable days per phase (0.5% minimum profit per day)

Once funded, traders enjoy the same 80% to 92.75% profit split and the ability to withdraw weekly after their first payout.


One-step Challenge

This single-phase challenge allows traders to access accounts from $5,000 to $100,000. Leverage remains 1:30.

  • Account Size & Prices:

    • $5,000 – $50

    • $10,000 – $100

    • $25,000 – $200

    • $50,000 – $300

    • $100,000 – $500

  • Profit Target: 10%

  • Maximum Daily Loss: 4%

  • Maximum Trailing Loss: 6%

  • Minimum Trading Days: 3 profitable days (0.5% minimum profit per day)

Successful traders are awarded an 80% to 92.75% profit split with withdrawals available 7 calendar days from their first position.


Three-step Challenge

This three-phase challenge, with account sizes from $10,000 to $100,000, is designed for traders who prefer a more extensive evaluation process. Leverage is also 1:30.

  • Account Size & Prices:

    • $10,000 – $70

    • $25,000 – $150

    • $50,000 – $225

    • $100,000 – $375

  • Phase 1 Profit Target: 6%

  • Phase 2 Profit Target: 6%

  • Phase 3 Profit Target: 6%

  • Maximum Daily Loss: 4%

  • Maximum Loss: 8%

  • No Minimum Trading Days: Traders can pace their challenge according to their preferred timeline.

After completing all three phases, traders can request payouts every 5 calendar days with 80% profit split.


What Makes SeacrestFunded Different?

SeacrestFunded stands out due to the drawdown scaling, unlimited trading period, and no minimum trading day requirements across all challenges (except the Three-step Challenge). Traders can also make withdrawals starting as soon as 7 calendar days, with weekly or on-demand payouts, making it highly attractive for those who value flexibility.


Comparison with Competitors

  • SeacrestFunded vs. Smart Prop Trader: SeacrestFunded offers better profit splits (up to 92.75%) and allows for scaling with 25% increases after three months of profitable trading, a feature that Smart Prop Trader lacks.

  • SeacrestFunded vs. Blue Guardian: Both firms provide a variety of funding options and flexible trading rules, but SeacrestFunded has lower profit targets and more favorable scaling opportunities.

  • SeacrestFunded vs. FXIFY: SeacrestFunded stands out by offering more generous profit splits and a drawdown scaling feature, unlike FXIFY, which has a less flexible drawdown policy.

 


Trading Rules & Objectives

SeacrestFunded has specific trading goals for each phase of the challenge, focusing on profit targets and maximum daily loss limits. Additionally, they implement a No News Trading policy during high-impact releases, preventing new or closed trades within a 3-minute window before and after announcements.


Brokers and Platforms

SeacrestFunded partners with Purple Trading Seychelles, Match-Trader, and Seacrest Markets, offering traders access to top-tier liquidity and real-world trading conditions. Traders can choose between cTrader, MetaTrader 5, and TradingView.


SeacrestFunded Reviews

SeacrestFunded has earned a 4.3 out of 5 stars on Trustpilot, with many users praising their transparency, customer service, and fast payouts. The high ratings reflect the firm’s focus on building a strong trader community and its commitment to offering flexible and fair funding programs.


Payment Proof

SeacrestFunded provides real-time payment proofs through its Discord and YouTube channels, where successful traders share their experiences, making the firm highly transparent and trusted in the industry.


Final Thoughts

In conclusion, SeacrestFunded offers a unique mix of flexibility, generous profit splits, and scaling opportunities that make it stand out from other proprietary trading firms. Whether you’re looking for two-step, one-step, or three-step challenges, SeacrestFunded provides comprehensive options for traders of all skill levels. With 80% to 92.75% profit splits, drawdown scaling, and weekly payouts, this firm is highly recommended for traders seeking a well-rounded and flexible trading environment.

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