Question 1

Why 1-step accounts must be untraded to merge?

Accepted Answer

Because the 1-Step rules have Trailing simulated loss rules, even if you have made a withdrawal, the trailing simulated loss will not return to the starting point (6% of the initial balance).

So what is needed for Merge is that the account returns to its initial state, like a fresh account that has never been touched.

Question 2

How Simulated Loss affects Payouts for 1-Step Sim Accounts?

Accepted Answer

Example 1: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $8,000 simulated gain. You request a withdrawal of $6,000. Being that your account achieved 6% your Max simulated loss is locked in at $100,000. This now leaves you with only 2% for Max simulated loss.

Example 2: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $15,000 simulated gain. You request a withdrawal of $8,000. Being that your account achieved 6% your Max simulated loss is locked in at $100,000. You now have a buffer of $7.000 till Max simulated loss at $100,000.

Example 3: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $6,000 simulated gain. You request a withdrawal of $6,000. Being that your account achieved 6% your Max simulated loss is locking in at $100,000. You will have failed your account because you left no buffer and your account has reached Max simulated loss.

Question 3

1 Step Simulated Trading Demo Account Rules

Accepted Answer

1. Daily Simulated Loss and Max Simulated Loss:

-The daily simulated loss is at 4%.

-The overall simulated loss is set at 6% trailing from your highest simulated balance achieved.

2. Locking Simulated Loss at Starting Balance:

A significant change comes into effect when your demo account reaches 6% of your starting simulated balance. At this point, your trailing simulated loss will lock in at your starting simulated balance.

Question 4

How VIP program works with 2-Step accounts?

Accepted Answer

Our VIP program at Seacrest Markets is a remarkable offering that sets us apart in the industry, providing exclusive benefits to our most consistent and dedicated traders. By joining our VIP program, traders can unlock special incentives and rewards tailored to their trading success.

To qualify for our VIP program, traders need to meet specific requirements related to withdrawals and account maintenance. These requirements are designed to ensure that our VIP program is accessible to traders who actively engage in trading and demonstrate a commitment to their accounts. For instance, to qualify for the first tier of our VIP program, traders must have a minimum of six withdrawals made over a four-month period.

This criterion showcases consistent trading activity and participation. It s important to note that the use of "all in" or other reckless strategies will disqualify traders from eligibility for the VIP program. We prioritize responsible and balanced trading approaches that contribute to long-term success.

Question 5

What is Maximum Allocation per Plan?

Accepted Answer

Each plan, whether it's the 2-Step or 1-Step, comes with a maximum allocation of $200K. 2-Step: $200K Max Allocation + 1-Step: $200K Max Allocation.

Combined, these two plans offer a total maximum allocation of $400K. You have the flexibility to allocate your funds across these plans according to your preferences.

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