Introduction
 

SeacrestFunded formerly known as MyFundedFX, is a prop firm that gives traders a shot at managing large accounts without putting their own money on the line. You start by trading on a practice (simulated) account. If you trade well and follow their rules, they reward you with a funded live sim account where you keep most of the profits you make.
 

Whether you are a scalper catching quick moves, a swing trader holding for days, or someone who trades the news, they have got room for your trading style. The rules are clear, the process is beginner friendly and if you stay consistent then you can scale your account all the way up to $1 million. It is a great way for serious traders to level up without the usual risks.
 

About SeacrestFunded Evaluation Types
 

So, what is an evaluation at SeacrestFunded? Think of it as your trading tryout. You choose a challenge type, stick to the rules, and aim to hit the profit target all while staying within the drawdown limits. If you can manage that, you are one step closer to getting funded.
 

1-Step Challenge

• One-phase, faster funding model.
• Great for confident, consistent traders.
• Drawdown locks in after 6% profit.

2-Step Challenge

• Classic prop firm with two phases.
• Lower profit targets per step but tighter rules.
• Ideal for those who want to ease into funding.

2-Step News Challenge

• Similar to the 2-Step, but allows news trading.
• Perfect if you trade macro events or volatility spikes.

3-Step Challenge

• More phases, lower profit targets.
• Suited for ultra-consistent traders with lower drawdown risks.
• Requires patience and discipline.

Each one has slightly different rules around profit targets, drawdowns, and a number of phases. But all of them give you unlimited time to pass, which leads to a simulated funded account if you stay consistent.

Drawdown Rules at SeacrestFunded: What You Can and Can’t Lose as a Trader
 

a. Daily Drawdown
 

Daily drawdown means how much you are allowed to lose in a single day. If you go over this, you fail.
 

• For example, in the 1-Step Challenge with a $100K account, the daily limit is 4%, which equals $4,000.
• This resets at 12AM EEST every day.
   

b. Max Overall Drawdown
 

This is how much you can lose overall.

• In most challenges, it is trailing: it moves up as you make profits.
• In the 1-Step, once you hit 6% profit, it locks at your starting balance. That is a big benefit!
• Go below this locked level? You are out.
   

c. Equity vs Balance
 

SeacrestFunded uses balance-based drawdown, not equity. So your floating losses do not count unless you close the trade. It gives you a bit of breathing room during volatile sessions.

Leverage Offered on SeacrestFunded Challenges
 

Different assets, different leverage. Here is how it looks:

• Forex: Up to 1:100
• Crypto: 1:5
• Indices & Commodities: Around 1:10
   

Higher leverage = more power, but also more risk. Be careful. Especially scalpers, one misstep can wipe out your drawdown limit in minutes.

SeacrestFunded Profit Target Expectations
 

Here is what you need to aim for:

• 1-Step: 10% in one phase
• 2-Step: 8% in Phase 1, 5% in Phase 2
• 2-Step News: Same as 2-Step but allows news trading
• 3-Step: 6% profit target in each of the 3 phases
   

Minimum profitable days vary, usually 1-3 depending on the challenge. Time limit? None. Take as long as you need just stay within the rules.

How to Pass Your SeacrestFunded Challenge Without Breaking the Rules
 

• Stick to 0.5% risk per trade. Don’t try to flip the account overnight.
• Use alerts for daily drawdown limits.
• Avoid over-trading. Two or three good setups a day is enough.
• Have a buffer before requesting payouts. Or your account could fail right after.
• Mindset > Indicators. Stay calm, trade your plan, not your emotions.

What Comes Next After You Pass the SeacrestFunded Challenge?
 

Once you pass your SeacrestFunded challenge, you’ll be upgraded to a live simulated account, and that is where the real payout journey begins.
 

• Profit Split: Up to 90% (starts at 80%)
• Payouts: Every 14 days (some accounts get it in 5!)
• Scaling Plan: Grow your account 25% every 3 months, up to $1M. Just hit 12% net profit in 90 days and stay within the rules.

Final Thoughts
 

Getting funded by SeacrestFunded is not just about hitting profit targets it is about trading smart, managing risk, and truly understanding the rules you are working with.
 

Whether you are taking the fast-track 1-Step or testing your consistency through the 2-Step or 3-Step challenges, the drawdown and leverage rules are there for one reason: to protect you from blowing up your account. It is not just about passing. It is about proving you can trade responsibly.
 

And remember, the moment you request a payout or hit that 6% profit, your safety net changes so always keep a buffer. A strong start means nothing if you don’t protect your capital on the way to the finish line.
 

So before you dive in, pause. Read the rules twice. Plan your risk. And know that this is not just a demo challenge it is a simulation of real responsibility. If you need help understanding the fine print, The Trusted Prop breaks it all down for you in one place.

Want to know more about SeacrestFunded?
 

Explore SeacrestFunded challenge types and get full details on rules, payouts, and features on our in-depth SeacrestFunded Review Page at The Trusted Prop.
 

Ready to prove your skills under real conditions with no capital risk?
 

Use our exclusive coupon code TRUSTED to get 10% OFF your next SeacrestFunded challenge.