Seacrest Markets and Seacrest Funded are coming together to form a single firm under the name of Seacrest Markets.
Through this merger, we’re combining the innovation and agility of prop trading with the transparency and compliance of CFD brokering, creating an entity that can serve traders at all stages of their careers, be they aspiring professionals looking to access a funded account or experienced ones who are already trading in multiple asset classes.
This is all in an effort to fulfill our vision of blending innovation with security, creating an environment where traders around the world can thrive.
The Story Behind the Merger
Prior to the merger, Seacrest Funded and Seacrest Markets had already carved out strong names for themselves in the trading world.
Seacrest Funded (formerly MyFundedFX) has been operating since 2022 as a premier prop trading firm. During this time, it established itself as a pioneer of community-based prop trading and has built a stellar track record for fairness and transparency towards its traders.
Seacrest Markets (as it existed before the merger) is an FSCA-licensed CFD broker that offers traders access to multiple asset classes, advanced trading platforms, and deep liquidity infrastructure. The firm brings with it a stellar reputation for transparency and compliance.
The merger under the Seacrest Markets banner brings together our respective strengths. It will create a single entity to bring together the community-driven prop trading approach of Seacrest Funded and the unparalleled infrastructure, solid regulatory oversight, and superb market access of Seacrest Markets.
As explained by Seacrest’s CEO, our vision is to combine “prop trading expertise with regulated brokerage standards to give traders a secure, transparent, and growth-focused platform.”
What is CFD Trading?
Contracts for Difference (CFD) trading lets traders speculate on price movements of financial assets without actually owning them.
Instead of buying a stock, currency, or commodity directly, the trader enters into a contract that reflects the difference between the asset’s opening and closing prices.
This allows traders to profit from both the rise and fall of the asset price without having to invest the large amount of money needed to actually buy it.
Seacrest Markets (the main entity) is a fully regulated CFD broker under the FSCA. Traders who use its services can trade in several types of assets, such as:
- Forex: Over 50 major, minor, and exotic currency pairs.
- Indices: US30, NAS100, SPX500, GER40, UK100, JP225
- Commodities: Gold, Silver, Crude Oil, Natural Gas
- Cryptocurrencies: BTC/USD, ETH/USD, XRP/USD, LTC/USD, ADA/USD
- Stocks: Selected U.S. equities (CFDs)
What is Prop Trading?
A prop trader trades using funds provided by a prop trading firm, rather than their own capital.
The firm offers traders simulated capital and lets them demonstrate their capabilities in a structured evaluation program that tests their consistency, discipline, and ability to manage risk.
Once qualified, it gives traders access to a live trading account, where they can trade actual funds and get a share of the profits generated.
Seacrest Funded (now merged with Seacrest Markets) offers account sizes typically ranging from $5,000 to $100,000, with scaling potential up to $400,000.
During the evaluation phase, it tests traders on practical parameters such as a 5% daily loss limit and 8% total drawdown. Once qualified, traders get to keep up to 80% of their profits.
Payouts are processed on a biweekly basis, with a minimum of three profitable trading days required to qualify. The firm’s policies are designed to make traders focus on steady, repeatable performance rather than risk-taking.
Since launch, Seacrest Funded has established itself as one of the best prop trading firms worldwide.
After the merger, it will also be able to offer the benefit of a regulated framework to its traders, ensuring that its evaluation processes will align more closely with real-market standards.
The Power of Integration
As part of the merger, Seacrest Funded will now operate directly under the regulatory and operational framework of Seacrest Markets.
This will build a single ecosystem for prop traders to progress naturally from evaluation to active trading to growing their CFD portfolio across multiple asset classes.
It will also give them a single platform experience in both the simulated environment and the live trading experience.
The merger offers several benefits, such as:
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More Trust and Oversight: Seacrest Markets’ FSCA regulation will add to the accountability and operational transparency of the merged entity.
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Simplified Progression: Traders will get a consistent experience between the simulated environment and their live trading experience in CFD trading.
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Access to Multiple Markets: Both divisions support a wide set of financial instruments, including forex, indices, commodities and cryptocurrencies.
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Reliable Infrastructure: The use of MT5 and MatchTrader platforms will give consistent performance across devices and trading conditions.
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Community and Scale: With more than 94,000 active users, traders will get the benefit of joining a large global network with shared tools and standards.
The merged setup will give traders the smooth experience that is often lacking between funded trading and CFD trading—separate accounts, different rules, and inconsistent platforms. It will reduce barriers between learning, proving, and scaling, the three stages that typically exist on separate platforms.
The Road Ahead for Seacrest Markets
By bringing proprietary trading and regulated CFD brokerage under one roof, we’re now poised to become a powerful platform that simplifies the lives of traders.
Prop traders get the assurance of a regulated setting, while CFD traders benefit from getting access to the massive community of like-minded traders at their fingertips. Traders will be able to get consistent technology, oversight, and performance metrics, all under a single roof.
