Seacrest Funded (formally MyFundedFX) scores a solid 65/100, providing traders with varied challenge options, a choice of platforms, and multiple account sizes. With a profit split starting at 80%, upgradable to 90% for an additional fee. Cons include leverage is capped at 1:30, while pros include frequent prop trading competitions.
Seacrest Funded Summary
Seacrest Funded / MyFundedFX Promo Codes and Offers
Seacrest Funded (aka MyFundedFX)Prop Firm Details
One Phase Evaluation
Two Phase Evaluation
Instant Funding
Scaling Plan
Fees From$38
Account Sizes5K -200K
Min Forex Spread0 pips
Commission Fee$3 - $6
Max Daily Loss4% - 5%
Profit Targets4% - 10%
Profit Share80% – 90%
Trading Platforms
Consistency Rules
Compulsory Stop Loss
High Impact News Trading
Expert Advisors / Automated Trading
FOREX
INDICES
COMMODITIES
CRYPTO
SHARES
COUPON CODES
No promo codes
2 Step Max
Our Rating8/10
Funding$200,000
Fee$725
2 Step Max
Our Rating7.9/10
Funding$50,000
Fee$210
With an overall score of 65/100, Seacrest Funded, formally known as MyFundedFX, is a proprietary trading firm offering a decent range of trading challenges and flexible payout options tailored to different trading styles. The firm’s mix of one-step to three-step programs and multi-platform support, including MT5, cTrader, MatchTrader, and DXTrade, cater well to traders looking for structure and platform variety.
While the leverage cap at 1:30 may not suit high-leverage traders, Seacrest Funded has an active community and responsive support make it an appealing option for those valuing community and guidance. However, recent rule changes may be a drawback for traders seeking stability. Overall, it’s a balanced choice for those prioritizing structure and support over high leverage.
Seacrest Funded, formally known as MyFundedFX or MFFX, offers four different prop trading challenges in total, with funded traders receiving an 80% profit split for all programs. Each challenge type has different requirements, with set profit targets and loss levels, as well as minimum trading days.
While profit shares start at 80% for all MFFX prop traders, for an additional fee (20% of challenge fee), you can increase your profit split to 90%.
The one step evaluations have much stricter risk management requirements, while three step programs are the most relaxed.
| Challenge Type | 1-Step | 2-Step | 2-Step Max | 3-Step |
|---|---|---|---|---|
| Fee Range | $50 - $950 | $50 - $500 | $38 - $725 | $70 - $570 |
| Profit Split | 80% (90% with VIP) | 80% (90% with VIP) | 80% (90% with VIP) | 80% |
| Fee with 20% Add-on | $60 - $1,140 | $60 - $600 | $46 - $870 | Not available |
| Account Sizes | 5K - 200K | 5K - 100K | 5K - 200K | 10K - 200K |
| Phases | One Step | Two Step | Two Step | Three Step |
| Profit Target | 10% | 8% (Phase 1), 5% (Phase 2) | 10% (Phase 1), 5% (Phase 2) | 6% (Phases 1 & 2), 4% (Phase 3) |
| Max Drawdown | 6% Trailing | 8% Static | 10% Static | 8% Static |
| Daily Drawdown | 4% | 5% | 4% | 4% |
| Payout Frequency | 14 Days | 14 Days | 14 Days | 5 Days |
| VIP Profit Split Option | Yes, 90% with add-on | Yes, 90% with add-on | Yes, 90% with add-on | No |
| Minimum Days (per phase) | 3 | 3 | 3 | 1 |
| Max Days | Unlimited | Unlimited | Unlimited | Unlimited |
Prop traders take note, Seacrest Funded has offered a 1-Step Max program in the past, yet this isn’t available at present. When the prop firm starts offering this evaluation process again, we will update our review.
The 1-Step Challenge requires traders to meet a single-phase target to get funded. The profit target is set at 10%, with maximum daily loss limits of 4% (balance-based) and a maximum trailing drawdown of 6%.
Funded accounts offer a 14-day payout period with an 80% profit split. Traders can upgrade to a 90% split by paying an additional fee.
| Account Size | Challenge Fee | Phase 1 Target (10%) | Max Drawdown (6%) | Funded Profit Split |
|---|---|---|---|---|
| 5,000 | $50 | $500 | $300 | 80% (90% with VIP) |
| 10,000 | $100 | $1,000 | $600 | 80% (90% with VIP) |
| 25,000 | $200 | $2,500 | $1,500 | 80% (90% with VIP) |
| 50,000 | $300 | $5,000 | $3,000 | 80% (90% with VIP) |
| 100,000 | $500 | $10,000 | $6,000 | 80% (90% with VIP) |
| 200,000 | $950 | $20,000 | $12,000 | 80% (90% with VIP) |
The 2-Step Challenge offers two phases with slightly relaxed targets compared to the 1-Step Challenge. Phase 1 requires an 8% profit target, and Phase 2 reduces this to 5%.
Daily drawdowns are set at 5%, and the maximum drawdown is fixed at 8%. Upon passing, traders enjoy an 80% profit split, with an option to upgrade to 90%.
| Account Size | Challenge Fee | Phase 1 Target (8%) | Phase 2 Target (5%) | Max Drawdown (8%) | Funded Profit Split |
|---|---|---|---|---|---|
| 5,000 | $50 | $400 | $250 | $400 | 80% (90% with VIP) |
| 10,000 | $100 | $800 | $500 | $800 | 80% (90% with VIP) |
| 25,000 | $200 | $2,000 | $1,250 | $2,000 | 80% (90% with VIP) |
| 50,000 | $300 | $4,000 | $2,500 | $4,000 | 80% (90% with VIP) |
| 100,000 | $500 | $8,000 | $5,000 | $8,000 | 80% (90% with VIP) |
The 2-Step Max Challenge has a similar two-phase structure to the standard 2-Step but with slightly higher profit targets.
Phase 1 requires 10%, while Phase 2 lowers it to 5%. Daily drawdowns are more lenient at 4%, with a static maximum drawdown of 10%. Successful traders receive an 80% profit split, upgradeable to 90%.
| Account Size | Challenge Fee | Phase 1 Target (10%) | Phase 2 Target (5%) | Max Drawdown (10%) | Funded Profit Split |
|---|---|---|---|---|---|
| 5,000 | $38 | $500 | $250 | $500 | 80% (90% with VIP) |
| 10,000 | $75 | $1,000 | $500 | $1,000 | 80% (90% with VIP) |
| 25,000 | $140 | $2,500 | $1,250 | $2,500 | 80% (90% with VIP) |
| 50,000 | $210 | $5,000 | $2,500 | $5,000 | 80% (90% with VIP) |
| 100,000 | $425 | $10,000 | $5,000 | $10,000 | 80% (90% with VIP) |
| 200,000 | $725 | $20,000 | $10,000 | $20,000 | 80% (90% with VIP) |
This challenge spreads the evaluation across three phases, with the lowest initial targets. Phases 1 and 2 have a profit target of 6%, while Phase 3 requires 4%.
Daily drawdowns are 4% across all phases, with a static maximum drawdown of 8%. Once funded, traders enjoy faster 5-day payout cycles with an 80% profit split.
| Account Size | Challenge Fee | Phase 1 Target (6%) | Phase 2 Target (6%) | Phase 3 Target (4%) | Max Drawdown (8%) | Funded Profit Split |
|---|---|---|---|---|---|---|
| 5,000 | $70 | $300 | $300 | $200 | $400 | 80% |
| 10,000 | $150 | $600 | $600 | $400 | $800 | 80% |
| 25,000 | $250 | $1,500 | $1,500 | $1,000 | $2,000 | 80% |
| 50,000 | $375 | $3,000 | $3,000 | $2,000 | $4,000 | 80% |
| 100,000 | $570 | $6,000 | $6,000 | $4,000 | $8,000 | 80% |
Seacrest Funded offers a VIP upgrade, allowing traders to increase their profit split to 90% by paying an additional 20% of the challenge fee.
This option is available across all challenge types, providing an enhanced return for traders who meet the trading requirements and want to maximise their earnings.
Seacrest Funded’s scaling plan allows traders to grow their account size incrementally, rewarding consistent profitability over a three-month period.
To qualify for a scale-up, traders need to achieve a total simulated profit of at least 12% within 90 days. When these criteria are met, Seacrest Funded increases the demo account’s balance by 25% of the initial starting balance.
If you qualify you can submit a scaling request to the support team, which reviews your prop account’s performance and approves the scale-up based on the criteria.
While a decent scaling program, we recommend reading our FTMO review for the best scaling opportunities.
Verdict on Challenges and Evaluation Process
Seacrest Funded offers a mix of challenges to suit different trading journeys. The 1-Step is quick but best for experienced traders, while the 2-Step and 2-Step Max bring balanced targets for those wanting more structure.
The 3-Step Challenge offers the lowest pressure for a slower path to funding, the ideal prop trading account for beginners. With options to boost profit splits up to 90% and a solid scaling plan, Seacrest Funded is versatile and rewarding for prop traders looking to grow their funded accounts.
Seacrest Funded offers competitive spreads and varying commission fees across its four trading platforms. The prop firm partners with multiple liquidity providers to ensure a range of options for traders, from near-zero spreads to flexible commission structures.
Spread competitiveness largely depends on the platform, with MatchTrader and MT5 often providing the lowest rates.
Here’s an overview of the spread and commission structure based on your platform choice.
Spreads can be as low as 0 pips during the challenge, but are entirely dependent on the trading platform you choose, with Seacrest Funded using different brokers and liquidity providers for each platform.
During testing, we found MatchTrader and MT5 to be the most competitive, with spreads as low as 0 pips for major forex pairs like EUR/USD and USD/CAD.
If you prefer another platform, cTrader / Purple Trading offered the next most competitive spreads getting as low as 0.1 pips, while DXTrade was 0.5 pips.
Commission fees also vary depending on which trading platform you selected when signing up, ranging from $3 – $6 per lot, roundturn.
| Commission Fee, Per Lot, Roundturn | Forex | Commodities | Indices | Crypto |
|---|---|---|---|---|
| Match-Trader | $3 | $3 | $0 | $0 |
| MetaTrader 5 | $5 | $5 | $0 | $0 |
| cTrader | $6 | $6 | $0 | $0 |
| DXTrade | $3 | $3 | $0 | $0 |
When spreads are accounted for, MatchTrader is the most cost effective trading environment with spreads from 0 pips + $3 round turn commission.
Verdict on Spreads and Commission
Seacrest Funded’s spread and commission structure is well-suited to traders seeking flexibility in cost. MatchTrader and MT5 deliver the most competitive pricing on forex pairs, with low to zero spreads and affordable commissions, while cTrader and DXTrade offer higher costs but greater customisation.
Seacrest Funded offers over 175 trading instruments across forex, indices, commodities, and crypto, providing you with a solid selection of financial markets to suit different trading strategies.
Financial Markets and Leverage
Leverage across MyFundedFX is capped at 1:30 for forex, which is conservative compared to what we’ve seen with other prop firms like IC Funded and DNA Funded, where leverage can go up to 1:50 on forex.
IC Funded Review DNA Funded Review
This lower leverage aligns with regulatory limits seen in FCA and ASIC regulated regions, catering to risk-averse traders or those wanting tighter control over exposure.
| Financial Market | Match-Trader | DXTrade | cTrader | Platform 5 (MT5) | Leverage |
|---|---|---|---|---|---|
| Forex | 35 | 34 | 36 | 5 | 30:1 |
| Indices | 7 | 8 | 8 | 5 | 10:1 |
| Commodities | 9 | 9 | 10 | 2 | 10:1 |
| Crypto | 4 | 5 | 4 | 10 | 2:1 |
Verdict on Markets and Leverage
Seacrest Funded provides a well-rounded range of trading instruments with over 175 assets, although leverage is capped at a modest 1:30 for forex. This limit is lower than some prop trading firms, which offer up to 1:50.
Seacrest Funded offers four trading platforms, each tailored for different trading styles and preferences: MetaTrader 5 (MT5), cTrader, MatchTrader, and DXTrade.
However, there are essential trading rules to consider before choosing your platform and trading activities.
Automated trading, such as using Expert Advisors (EAs), is restricted to specific platforms, and copy trading is limited to accounts owned by the same trader.
Here’s a look at each platform, highlighting how they align with Seacrest Funded’s trading rules and user needs.
MetaTrader 5 (MT5) is a powerful, widely-used platform suited to technical traders and those looking for robust automation options. Though EAs are generally not permitted on MT5 within Seacrest Funded’s trading rules, the platform’s sophisticated tools make it an excellent choice for manual strategy execution and technical analysis.
cTrader is popular among prop traders for its user-friendly interface and advanced trading features, making it particularly suitable for manual trading. It provides efficient trade execution, which appeals to traders who employ quick, high-frequency strategies.
MatchTrader is designed with social trading in mind, allowing traders to follow and mirror successful strategies. This platform is ideal for those who benefit from collaborative strategies, though copy trading across different users’ accounts is restricted within Seacrest Funded’s rules.
DXTrade is known for its customisable interface, making it suitable for traders who want a straightforward platform with control over their layout. It’s an accessible choice for those prioritising stability and ease of use over advanced features.
Seacrest Funded has clear and strict trading rules designed to manage risk and maintain account integrity. Here’s a breakdown of their key rules:
Verdict on Trading Platforms
Each trading platform offered by MFFX has strengths suited to different styles of prop trading, ensuring you can find a platform that complements their strategy, risk tolerance, and trading style.
Seacrest Funded offers a range of payment methods for challenge fees, including credit card and cryptocurrency options, making it accessible for traders worldwide. This flexibility is supported by a streamlined payout process that allows funded traders regular profit payouts every 14 days.
For challenge fees, Seacrest Funded accepts credit cards and cryptocurrency, offering traders a range of choices.
Cryptocurrency payments support various digital assets, so it’s essential to select the correct network for the transfer to ensure the payment is processed smoothly.
A disclaimer emphasizes that incorrect network usage may result in payment failures, which would delay access to trading credentials.
After passing a Seacrest Funded challenge and becoming a funded trader, you’re eligible for your first profit payout after 14 calendar days, and then every fortnight.
This payout cycle starts once you place your first trade, with the ability to request withdrawals via Crypto or Risework through the prop firms dashboard.
The minimum payout amount is set at $65, and traders can continue trading while waiting for their payout to process, as account activity is not paused during the withdrawal period.
It’s worth noting that payouts requested over weekends or holidays will be processed on the next business day.
Verdict on Payments and Payouts
Seacrest Funded’s payment and payout system is streamlined, providing reliable access to funds through bank and crypto payments. The 14-day payout frequency aligns well with prop trading industry standards, and options for both crypto and Risework offer additional flexibility for traders.
Seacrest Funded provides a responsive, accessible support experience paired with solid educational resources.
The company uses a live chat feature and comprehensive FAQs for immediate assistance and offers extensive video resources through YouTube for deeper learning on trading strategies and prop trading processes.
In our experience, Seacrest Funded’s live chat is particularly helpful, offering prompt responses that can quickly address common questions on challenges, trading rules, or account setup.
This makes for a smooth support experience, ideal for both new and experienced traders looking to quickly resolve issues or gain clarity on processes.
You can also contact the MFFX customer support team via social media channels.
For educational content, Seacrest Funded’s YouTube channel is a key resource, with 31.5K subscribers and nearly 800 videos covering everything from trading strategies to passing funded challenges.
This extensive library offers traders reliable guidance on improving their trading performance and understanding prop trading dynamics.
Verdict on Support and Education
Seacrest Funded’s support and educational resources make it a strong choice for traders looking for clear, accessible guidance.
The live chat feature and YouTube resources ensure traders can find answers and gain deeper trading insights, solidifying Seacrest Funded as a supportive environment for traders at any level.
Seacrest Funded has a strong reputation in the prop trading community, with a 4.3 out of 5 star TrustPilot score based on over 2,000 reviews. Feedback highlights fast payouts and responsive support, though some users mention recent rule changes.
The Seacrest Funded Discord, with over 122,100 members and 1,600+ funded traders, is one of the largest prop trading communities.
Seacrest Funded has a great TrustPilot score of 4.3/5 stars from over 2,000 reviews. Positive reviews often highlight the speed of payouts, with some users noting that funds were received within minutes.
Others have shared great experiences with customer support similar to my own personal experience, pointing to quick resolutions for account or platform issues.
However, some negative reviews mention dissatisfaction with rule changes and trading limitations, with a few users feeling the firm’s policies have become less favorable over time.
Seacrest Funded’s Discord server, with over 122,100 members and more than 1,600 funded traders, is a hub for traders to interact and access resources. Channels include:
These channels make the MyFundedFX Discord server a valuable resource, allowing traders to exchange ideas, receive support, and remain updated on trading insights. The large and active community makes it a great platform for both beginners and experienced traders to connect and grow.
As well as a strong Discord community, Seacrest Funded has a substantial social media following, with 144.2K followers on X (formerly Twitter) and 61.7K followers on Instagram.
Their content frequently covers promo codes, trading insights, and competition updates, engaging both current and prospective traders.
Verdict on Trust and Community
Seacrest Funded offers a supportive community and maintains a solid reputation in prop trading circles. Its active Discord server and generally positive TrustPilot reviews show a commitment to customer engagement, despite some criticisms.
Seacrest Funded delivers a reliable prop trading experience with a solid 4.3/5 TrustPilot score, praised for its fast payouts and helpful customer service. With flexible challenge types and regular payouts every 14 days, it suits a variety of trading styles. The active Discord community of over 122,100 members adds value, providing support and trading insights.
However, some users have noted recent rule changes that may not fit all traders. Overall, Seacrest Funded is a good prop firm if you are looking for diverse funding challenges, fast withdrawals, and strong community support.
Seacrest Funded’s processes payouts through cryptocurrency and the Risework platform, offering traders flexible withdrawal options. After passing a challenge, traders can request payouts every 14 days. The minimum payout threshold is $65, and requests made during weekends or holidays will be processed on the following business day, ensuring timely access to funds.
Seacrest Funded provides an 80% profit split for funded traders, with an option to upgrade to a 90% profit share by paying an additional 20% fee on the challenge cost. This setup enables traders to retain a significant portion of their profits, especially appealing to those with consistent performance.
Yes, Seacrest Funded permits trading during major news events, providing flexibility for traders who use news-based strategies. This policy allows traders to engage in market activity during high-volatility periods, though they must still adhere to the firm’s risk management rules, such as drawdown limits.
Seacrest Funded holds a 4.3/5 star rating on TrustPilot, indicating a generally positive reputation for reliability. Traders appreciate its fast payout processing and responsive support, though recent rule changes have raised some concerns. Its active Discord community of over 122,100 members adds to its credibility as a trusted platform.
Seacrest Funded offers account sizes ranging from $5,000 to $200,000, catering to traders with varying funding needs. Each account size is tied to a specific challenge fee, with options to scale accounts based on performance. This range enables both new and experienced traders to find a suitable funding level.
Seacrest Funded has no strict time limit for completing its trading challenges, offering unlimited trading days to reach the required profit targets. This flexible approach allows traders to operate at their own pace, reducing pressure and enabling a focus on consistent performance. Each phase within the multi-step evaluations does require minimum trading days, typically 1-3 per phase, ensuring traders demonstrate steady trading habits.
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