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Full Seacrest Funded (Formely MFFX) Review for 2025 – Features, Payouts, Rules Explained

Read our full Seacrest Funded (Formely MFFX) prop firm review, including detailed breakdowns of evaluation steps, drawdown rules, account types, and payout systems.

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Seacrest Funded (Formely MFFX)

4.2

Forex, Crypto, Indices, Commodities, Energies

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HK

CEO: Matthew Leech

10% Off + 4% Cashback or Upto 1200 Trust Points

Coupon Code:

Trading Platforms:
MatchTrader

MatchTrader

MetaTrader

MetaTrader

Withdrawal Method:
Rise

Rise

Crypto

Crypto

Payment Method:
Crypto

Crypto

Credit/Debit Card

Credit/Debit Card

Mastercard

Mastercard

Visa

Visa

Brokers:
MatchTrader

MatchTrader

Seacrest Funded Prop Firm Review 2025
 

Seacrest Funded (formerly MyFundedFX) is an independent prop trading firm established in 2022, offering traders flexible evaluation challenges, profit splits up to 90%, and scaling opportunities reaching $1,000,000. With multiple challenge types, diverse trading instruments, and a supportive community, Seacrest Funded has positioned itself as a notable player in the prop trading industry.​

 

Seacrest Funded - Prop Firm Overview

 

FeatureDetails
Company Name  Seacrest Funded (formerly MyFundedFX)
Company Legal Name  MyFunded Capital (HK) Ltd
Registration NumberSeacrest Funded Registration Number is 76252354
Headquarters Seacrest Funded Headquarters are in Hong Kong
Years in OperationSeacrest Funded has been operatin since 2022
Broker  The broker associated with Seacrest Funded (Formely MFFX) is Purple TradingMatchTrader.
CEOMatthew Leech
Challenge Types1-Step, 2-Step, 2-Step news, 3-Step is offered by Seacrest Funded
Challenge FeesThe Challenge fees of Seacrest Funded range from ($50)
Profit Split80%, With Add-ons 90%
Account Sizes The challenge of Seacrest Funded range from $5,000 
Payouts Payouts with Seacrest Funded are available Every 14 days (5-day payout cycle for 3-Step Challenge)
Financial MarketsTraders at Seacrest Funded (Formely MFFX) can trade Forex, Crypto, Indices, Commodities, Energies.
Trading PlatformSeacrest Funded (Formely MFFX) supports trading on MatchTrader, cTrader, MetaTrader.
TrustPilot ScoreSeacrest Funded is Rated 4.3/5 on Trustpilot 
Coupon CodeTRUSTED save 10% off on Seacrest Funded

 

Pros and Cons about a Seacrest Funded Account - Brief Overview
 

Seacrest Funded, formerly known as MyFundedFX, is a prop trading firm which offers scalable capital, up to 90% payout profit splits, and various challenges tailored to suit different trader profiles. From their reviews it is clear that many traders appreciate the flexibility and the range of supported prop trading platforms by the firm. Seacrest Funded is appealing in the prop trading downfall thanks to bi-weekly payouts and trader-friendly rules.

 

Pros

Cons

Various Challenge Types provided  with High Profit Splits - up to 90% (with upgrade)

Trailing Drawdown for Some Challenges (e.g., 1-Step)

Weekly and Bi-Weekly Payouts

Profit Split Upgrade Fees (20% of challenge cost)

Capital Scaling up to $1,000,000

No Free Try Again after Failing Challenge Attempt

Multiple Trading Platforms : MT5, MatchTrader, cTrader, DXTrade and Varied Instruments : Forex, Crypto, Indices, Commodities provided.

Funded Account News Trading Restrictions (3 minutes before/after)

Supported Payment Options: Crypto and Traditional

Crypto Leverage capped at 1:2

Transparent Rules: Regular communication and support

Minimal Educational Material



Seacrest Funded Challenge Types, Fees, Profit Splits, and More

 

Seacrest Funded caters to different trading approaches and experiences by offering various challenge types. Traders can manage up to $1,000,000 through account milestones with profit splits between 80% and 92.75%, flexible trading rules, and a clearly defined scaling plan. ​  

 

Details

1-Step Challenge

2-Step Challenge

2-Step News Challenge

3-Step Challenge

Account Balance

$2,000 - $100,000

$2,000 - $100,000

$2,000 - $100,000

$2,000 - $100,000

Registration Fee

$50

$50

$50

$70

Sim Gain Target

10%

8% (Step 1), 5% (Step 2)

10% (Step 1), 5% (Step 2)

6% (Each Step)

Daily Sim Loss

4%

5%

4%

4%

Overall Sim Loss

6%

8%

8%

8%

Min Profitable Days

3 Days

3 Days

Not Specified

1 Day per step

Trading Period

Unlimited

Unlimited

Unlimited

Unlimited

Leverage

30:1

30:1

30:1

30:1

Profit Split

80%

80%

80%

80%

Payout Frequency

14 Days

14 Days

14 Days

5 Days

 

Seacrest Funded 1-Step Challenge Breakdown

 

Category

Details

Account Type

Simulated Challenge → Live Simulated Trader

Account Sizes

Choose your own ($2,000 - $100,000 range)

Registration Fee

$50 (refundable upon funding terms)

Profit Target

10%

Daily Loss Limit

4%

Overall Loss Limit

6%

Minimum Profitable Days

3 Days

Trading Period

Unlimited

Leverage

30:1

 

After passing the challenge and progressing to the Live Simulated Trader tier with Seacrest Funded, the trader retains 80% of profit. Risk limits should be maintained within a daily drawdown of 4% and a total drawdown of 6%. At this stage a trader can devise any number of income strategies, with no profit target in place. For disciplined traders, automated withdrawals can be arranged for a fortnightly basis.  


Seacrest Funded 2-Step Challenge Breakdown

 

Category

Details

Account Type

Simulated Challenge → Verification → Live Simulated Trader

Account Sizes

Choose your own ($2,000 - $100,000 range)

Registration Fee

$50 (refundable based on firm policy)

Leverage

30:1

Trading Period

Unlimited (no time pressure at any phase)



Seacrest Funded - 2-Step Challenge Trading Rules

 

Requirement

Step 1: Trading Challenge

Step 2: Verification Phase

Profit Target

8%

5%

Daily Loss Limit

5%

5%

Overall Loss Limit

8%

8%

Minimum Profitable Days

3 Days

3 Days


Once Funded (Live Simulated Trader Phase)


After completion of both challenge phases, traders begin the Live Simulated Trader phase. There is no performance target during this period, only risk management must be observed. Profit sharing is set at 80%, a daily account cap of 5% loss and an overall traction cap of 8% loss. A bi-weekly profit share is provided by Seacrest, with no cap on number of trading days.

 

Seacrest Funded - 2-Step News Challenge Trading Rules

 

Requirement

Step 1: Trading Challenge

Step 2: Verification Phase

Profit Target

10%

5%

Daily Loss Limit

4%

4%

Overall Loss Limit

8%

8%


Seacrest Funded 3-Step Challenge Breakdown

 

Category

Details

Account Type

Simulated Challenge (3 Phases) → Live Simulated Trader

Account Sizes

Selectable ($2,000 - $100,000 range)

Registration Fee

$70

Leverage

30:1

Trading Period

Unlimited (No expiration limits at any phase)

 

Seacrest Funded - 3-Step Challenge Trading Rules

 

Requirement

Phase 1: Trading Challenge

Phase 2: Trading Challenge

Phase 3: Verification

Profit Target

6%

6%

6%

Daily Loss Limit

4%

4%

4%

Overall Loss Limit

8%

8%

8%

Minimum Trading Days

1 Day

1 Day

1 Day



Live Simulated Trader Phase


Completing all three phases of the evaluation will bring you to the live simulated trader phase. At this stage, there are no additional profit goals to be met. Strict risk management protocols must be followed while making solid trades. Enjoy an 80% profit split with a daily loss cap of 4% and an overall drawdown limit of 8%. Maintain less than 8% drawdown, and then there are scheduled payouts every 5 days. You can access profits quicker than the current model allows.  

 

Which Seacrest Funded Challenge Should You Choose?


 

Challenge Type

Best For

1-Step Challenge

If you want a simple, single-phase evaluation with no time constraints.

2-Step Challenge

If you prefer structured evaluations that test consistency in stages.

3-Step Challenge

If you’re looking for smaller targets with faster payouts.

 

Our Review of Seacrest Funded Challenges  


Seacrest Funded is one of the most respected prop firms in 2025, specifically for forex and crypto traders looking for flexible challenge models. The firm offers one-step, two-step, and three-step evaluations with no time limits and fast payout cycles which are bi-weekly or after 5 days. This works well for both day and swing traders.  
Traders praise Seacrest for providing access to tradeable assets with Forex, Indices, Commodities, and Cryptos under realistic trading conditions, reasonable drawdown limits, and generous profit sharing agreements of up to 90%. Prop traders also appreciate the ability to trade on MT5, cTrader, Match-Trader, and DXTrade.
Seacrest Funded has established itself as a top prop trading firm supporting serious traders looking for flexible capital and a variety of trading conditions, given the advantages of clear policies and fair pricing, along with a competitive Discord community of above 125,000 traders.

 

Seacrest Funded Scaling Plan - Up to $1 Million Growth Achievement

 

Seacrest Funded Scaling and Coping Strategies is simple and realistic course of action for a trader who is consistently profitable and practices good risk management. Continuing on, we also add that The Seacrest Funded Scale ensures a realistic scaling progression for traders and supports those who exhibit both profitable results and responsible risk mitigation.

 

Guidelines of Scaling:

  • Qualifying Criteria: Accomplish 12% net profit over the course of 90 days on your funded account.
  • Payout Condition: Need to make at least 4 withdrawals during the said timeframe.  
  • Scaling Boost: Your withdrawal amount determines your scaling boost: every 90 days, your balance increases by 25% of the starting balance.
  • Maximum Funded Capital: Up to $1,000,000 per trader.

 

Example Growth Timeline

 

Time Elapsed

Account Balance

0 months

$200,000

3 months

$250,000

6 months

$300,000

9 months

$350,000

12 months

$400,000

15 months

$450,000

18 months

$500,000

21 months

$550,000

24 months

$600,000

 

This predictable growth model supports long-term traders aiming to manage serious capital, while maintaining the same trading rules and risk parameters. As traders scale, profit splits may also increase (with upgrade), maximizing earning potential.


Seacrest Funded Scaling Plan Overview

 

Scaling Criteria

Details

Scaling Interval

Every 90 days (3 months)

Profit Target

12% net profit over the 3-month period

Payout Requirement

At least 4 successful withdrawals within that period

Capital Growth Rate

25% increase per scaling cycle

Profit Split

Starts at 80%, upgradeable to 90% with add-on

Maximum Capital Allocation

Up to $1,000,000

Trading Rules

Same conditions apply as account size increases


Our Review on Seacrest Funded Scaling Plan

 

Everything feels trader first with Seacrest which sets them apart. There’s no smoke and mirrors, only an honest way to access greater funding. There’s no need to over-trade, take excessive risks, or achieve insane drawdown targets. If you’re methodical, patient, and strategic with withdrawals, the model allows you to unlock true capital appreciation.

The continuity when scaling is also a plus for traders, your spreads remain tight, your drawdowns are reasonable, and the rules don’t get more restrictive as you scale your account. Combined with bi-weekly payouts, the ability to copy trade, up to 90% profit share, and flexible scaling, this is arguably the most scalable prop firm program of 2025.

 

Spreads & Commissions at Seacrest Funded
 

Seacrest Funded enables its traders access to tight institutional-grade spreads through one of its core brokerage infrastructures, Purple Trading Match-Trader. Traders further enjoy enhanced execution speed along with minimal slippage due to the trade raw spreads starting from as low as 0.0 pips on major currency pairs. The competitive trading environment is supportive of short-term and long-term strategies and is ideal for scalpers, day traders, and even swing traders. 
 

Commission Fees


Seacrest Funded continues to offer a flexible and competitive commission structure. 

 

Forex & Gold Trades:

A commission of $6 per standard lot is charged on a Forex & Gold trade. This commission is slightly lower than the industry standard which benefits high-volume traders. 

 

Of Commodities, Indices, Energies, and Cryptocurrencies
 

No commission is charged on these instruments which makes these appealing to prop traders who wish to diversify their strategies without incurring extra costs.

This commission is structured flexibly to maximize different asset classes while accommodating any trading strategy from high-frequency to swing trading.

 

Daily Drawdown Calculation at Seacrest Funded

 

Seacrest Funded implements a Trailing Drawdown model for most of its challenges (e.g. the 1-Step Challenge), which is based on the highest equity figure reached. This implies:

Trailing Drawdown Upwards continues to follow and adjust with increases in account equity, but will never decrease from previous levels.

After the profit splits have been made and you enter a funded stage, Step 3 Dradown becomes static, preserving the risk radius as the amount locked during profit split.

Drawdowns are calculated in the moment instead of using the end-of-day balance as many companies do.

The combination of these features enhances capital management and encourages frequent withdrawals and profits capturing through a layer of protection for capital preservation.


Seacrest Funded Prohibited Trading Rules

 

Seacrest Funded - Prohibited Trading Practices breakdown:

 

Prohibited Trading PracticeAllowed?Details
Copy Trading NoCopy trading via EAs or signals across accounts is not allowed. Only TradersConnect platform is permitted for copy trading.
Reverse Trading / Group Hedging NoOpposite trades on multiple accounts or coordinated group hedging to exploit rules are forbidden.
Account Management Services NoBuying or selling account management or passing services is prohibited. Sharing account access is also banned.
High-Frequency Trading (HFT)NoHFT methods including order layering and excessive scalping are banned. Violations may result in profit removal or account termination.
Max Leverage & Gambling-style Trading NoUsing max leverage or gambling trades is not allowed. Max risk should not exceed 2%. Repeated violations lead to profit removal.
Tick Scalping / Spamming / Order Layering NoSpamming trades to reduce commissions or bypass rules, including multiple small-lot trades, will result in penalties or termination.
Multiple Accounts Under Same CID (MT5)NoRunning multiple accounts under the same Client ID (CID) on MT5 is strictly banned and will lead to account closure and disqualification.
Arbitrage (All Forms)NoAll forms of arbitrage including latency, one-leg, and two-leg arbitrage are strictly prohibited and lead to immediate removal.
Excessive ScalpingNoAverage holding time per trade must exceed 2 minutes. Tick scalping and price manipulation will void profits and reset accounts.


 

Seacrest Funded News Trading Policy What You Really Need to Know


So, can you trade during the news? Well… yes and no. Seacrest Funded has a balanced approach when it comes to news trading but you have got to follow their rules carefully or risk losing out on profits. Here is the real-talk version of how it works:

 

Is News Trading Allowed?

  • During the Challenge Phase: Yes, you can trade around news events. No restrictions here.
  • During the Live (Funded) Phase: Nope. News trading is not allowed on standard funded accounts.


Note: If you're on the special “2-Step News Plan,” this rule doesn’t apply. That plan has its own conditions.

 

The News Violation Window: What’s Off-Limits?


Here is the main thing to keep in mind:
If you open or close a trade 3 minutes before or after a high-impact (Red Label) news release, any profits from those trades will be removed. That’s right profits gone. But don’t panic, your account won’t be terminated. This is considered a soft breach. You’ll still be allowed to trade.
Let’s break it down with simple rules:

 

How to Avoid Getting Profits Removed:
 

Trade Timing

What Happens?

Opened 3 hours before the news and closed during the 6-minute window

 Profits are safe

Opened less than 3 hours before the news and closed during the 6-minute window

 Profits removed

Opened AND closed within the 3-minute window around the news

Profits removed

Holding trades through the news is okay IF they were placed well in advance

No penalty

 

This 6-minute window = 3 minutes before and 3 minutes after the Red Label news drop.

 

How Do You Know Which News Events Count?
 

To make it easy, Seacrest uses the Red Label/High-Risk news events as seen on ForexFactory. Just filter by red folder news, and you’ll know exactly which announcements are restricted.

Also, the rule only applies to currencies affected by the event. Example:

  • If there is a major USD news release, you should avoid trades in USD pairs like EUR/USD, GBP/USD, XAU/USD, SPX, NAS, DOW, and so on.

 

Final Thoughts on Seacrest Funded News Trading


News trading at Seacrest is not off the table but it is carefully managed. As long as you plan ahead and don’t open or close trades during those tight news windows, you’ll be fine.

Golden Rule? If you are not sure, check ForexFactory, give yourself a few hours of breathing room before the event, and let the storm pass before hitting close.

“It’s not about avoiding risk it is  about trading smart.”

 

 

What Can You Trade with Seacrest Funded (Formerly MFFX)?

 

If you are wondering what markets you can explore as a trader with Seacrest Funded, here is the good news they give you access to a pretty solid mix of asset classes.

 

Trading Instruments Offered:

At Seacrest Funded, you are allowed to trade:

  • Forex Pairs: Major, minor, and exotic currencies
  • Cryptocurrencies: Including popular ones like Bitcoin, Ethereum, and more
  • Indices: Like SPX500, NASDAQ, Dow Jones, etc.
  • Commodities: Including gold, silver, and agricultural instruments
  • Energies: Like crude oil and natural gas


This wide range lets you build a well-balanced trading portfolio. Whether you are a forex-only scalper or someone who likes to hold crypto over weekends (rules permitting), there is something here for most styles.

Want to swing trade gold or scalp the NASDAQ? You can. Prefer trading BTC during Asia session hours? That’s covered too.

Just remember to stay within their trading rules and drawdown limits Seacrest Funded is flexible with instruments but strict with risk.

 

Trading Commissions of Seacrest Funded :

Commissions can vary based on the trading platform which the traders has chosen on Seacrest Funded.

 

For Match-Trader :-

  • For Forex, Metals and Oils - $3 per lot
  • For Indices and Crypto - $0 per lot

For cTrader :-

  • For Forex, Metals and Oils - $6 per lot
  • For Indices and Crypto - $0 per lot

For Platform 5 :-

  • For Forex, Metals and Oils - $5 per lot
  • For Indices and Crypto - $0 per lot

Payment & Payout Methods at Seacrest Funded
 

When you are ready to pay for your trading challenge or finally cash in on your payout after passing, it's important to know exactly how things work at Seacrest Funded. Here is everything explained.

 

How Can You Pay for a Challenge?
 

Seacrest Funded makes it pretty easy. You can use:
 

  • Credit or Debit Cards:  Visa, MasterCard, and others.
  • Crypto Payments:  Bitcoin, Ethereum, and other major coins.


Important: If you are paying with crypto, double-check that you are using the correct blockchain network. Sending funds to the wrong one means your payment might vanish, and you won’t get your login details. So take your time and confirm before clicking "Send."

 

How Do Payouts Work After You Pass?
 

Once you have passed the challenge and are on a funded (simulated) account, your profits can be paid out through:
 

  • Crypto
  • Riseworks (also known as Rise)


Getting Paid via Rise – Step-by-Step:

  • Log in to your Seacrest Funded Dashboard and head to the Profit Share section.
  • Click Request Payout and choose Riseworks as the payment option.
  • Enter how much you want to withdraw and your email.
  • Generate a passcode (you will  be guided through it).
  • Wait for the team to review and approve your request.
  • After approval, check your email for an invitation from Riseworks.
  • Click the link to create your Rise account and verify your ID.
  • Go to Action Items in the Rise dashboard.
  • Accept the invitation and sign the Professional Service Agreement.


Once all that’s done and your Rise account is fully verified, the payout will be processed. Seacrest’s payout team checks verifications every 24 hours, so be patient no verification, no payment.

 

A Few Key Things to Know

  • Minimum payout amount is $65.
  • Don’t submit invoices directly on Riseworks. That’s a big no-no and could get your trading account revoked.
  • You will only get paid if your Rise account is properly verified.
  • If you try to skip steps or rush the process, your payout could be delayed or denied altogether.

Whether you are depositing or withdrawing, just follow the steps and you’re good to go. Stay patient, stay verified, and Seacrest will make sure your money gets to you.

Let me know if you like this in a visual checklist format or broken down for a specific challenge type!

 

 

Countries Restricted at Seacrest Funded? 

 

Even though we are offering a simulated prop trading environment (not live financial services), there are still international laws and compliance guidelines we must follow.

Because of that, some countries are restricted from joining. It is  not personal it’s just about staying safe, legal, and secure for everyone.

 

Restricted Countries at Seacrest Funded List

 

If you are from any of the countries listed below, unfortunately, you won’t be able to sign up or trade with Seacrest Funded due to regulatory restrictions:

  • Cuba
  • Iran
  • Lebanon
  • Syria
  • North Korea
  • Libya
  • Russia
  • Sudan
  • Somalia
  • South Sudan
  • Pakistan
  • Vietnam
  • United Arab Emirates (UAE)
  • Hong Kong
  • Malaysia
  • Belarus
  • Myanmar
  • Central African Republic
  • Democratic Republic of Congo
  • Congo
  • Ethiopia
  • Iraq
  • Nicaragua
  • Venezuela
  • Yemen
  • Philippines
  • Kenya
  • Algeria
  • Morocco
  • United States


If your country is on this list, we hope to expand access in the future but for now, these restrictions help us stay compliant with global legal standards.

 

What If You are From an Approved Country?

 

If you are not from a restricted country than that’s great! You can now join the prop firm, but you will still need to meet a few basic requirements:

  • You must be of legal age to trade in your country.
  • You need to complete KYC verification. That means submitting:
  • A government-issued ID
  • Proof of address
     

We take compliance seriously to ensure fair play, security, and a smooth experience for everyone on our platform.

 

 

Final Thoughts: Is Seacrest Funded Worth It?
 

If you have made it this far into the review, first off, well done. That’s a lot of info to digest. But here’s the bottom line:
 

And in a prop trading world filled with gimmicks, hidden rules, and one-size-fits-all structures, that alone makes it stand out. Whether you're a scalper, a swing trader, or someone still figuring it all out, Seacrest gives you a variety of paths. No ticking clock. No pressure. Just rules you can understand and a platform that wants you to grow if you’re willing to put in the work.
 

The payout timelines are trader-friendly. The risk rules are clear. The profit splits? Pretty generous, especially when you factor in scaling. And yeah, there are a few things we’d love to see improve like a bit more educational content or trial resets but let’s be real: no firm is perfect.
So, is it for you?
 

If you are the type who likes structure but not handcuff
If you want flexibility without the fear of losing everything over one bad trade
If you are a trader looking for a platform that rewards good risk management and consistency
Then Seacrest Funded is 100% worth considering.
 

And if you are still unsure? Test the waters with a lower-tier challenge, learn the ropes, and grow from there. After all, prop trading is not a sprint, it is a series of smart decisions stacked over time.

 

 

FAQs

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